Reported Earnings • Aug 08
First quarter 2027 earnings released: EPS: JP¥47.61 (vs JP¥34.62 in 1Q 2026) First quarter 2027 results: EPS: JP¥47.61 (up from JP¥34.62 in 1Q 2026). Revenue: JP¥31.1b (up 15% from 1Q 2026). Net income: JP¥3.73b (up 38% from 1Q 2026). Profit margin: 12% (up from 10.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 25
Final dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 29th September 2026 Payment date: 4th December 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. 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. Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Senior Managing Exec Officer, Division Manager of Corp Plan, Division Manager of Admin & Director Shiro Takahashi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 17
Full year 2026 earnings released: EPS: JP¥92.31 (vs JP¥30.06 in FY 2025) Full year 2026 results: EPS: JP¥92.31 (up from JP¥30.06 in FY 2025). Revenue: JP¥111.8b (up 12% from FY 2025). Net income: JP¥7.23b (up 207% from FY 2025). Profit margin: 6.5% (up from 2.4% in FY 2025). 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 14% per year. Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥92.31 (vs JP¥30.06 in FY 2025) Full year 2026 results: EPS: JP¥92.31 (up from JP¥30.06 in FY 2025). Revenue: JP¥111.8b (up 12% from FY 2025). Net income: JP¥7.23b (up 207% from FY 2025). Profit margin: 6.5% (up from 2.4% 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 18% per year whereas the company’s share price has increased by 15% per year. Announcement • May 13
Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 17, 2026 Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 17, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥7.88 (vs JP¥18.94 in 3Q 2025) Third quarter 2026 results: EPS: JP¥7.88 (down from JP¥18.94 in 3Q 2025). Revenue: JP¥22.7b (up 1.8% from 3Q 2025). Net income: JP¥617.0m (down 58% from 3Q 2025). Profit margin: 2.7% (down from 6.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 05
First half dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 30th March 2026 Payment date: 19th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 04
Nihon Nohyaku Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Nihon Nohyaku Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥8.47 (vs JP¥7.21 in 2Q 2025) Second quarter 2026 results: EPS: JP¥8.47 (up from JP¥7.21 in 2Q 2025). Revenue: JP¥20.6b (up 3.5% from 2Q 2025). Net income: JP¥663.0m (up 17% from 2Q 2025). Profit margin: 3.2% (up from 2.8% 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 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%). Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥34.62 (vs JP¥0.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥34.62 (up from JP¥0.69 in 1Q 2025). Revenue: JP¥27.1b (up 41% from 1Q 2025). Net income: JP¥2.71b (up JP¥2.66b from 1Q 2025). Profit margin: 10.0% (up from 0.3% in 1Q 2025). 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 9% per year, which means it is well ahead of earnings. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% 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 0.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Declared Dividend • Jul 09
Final dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Jul 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Hideo Yamamoto was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 21
Full year 2025 earnings released: EPS: JP¥30.06 (vs JP¥60.89 in FY 2024) Full year 2025 results: EPS: JP¥30.06 (down from JP¥60.89 in FY 2024). Revenue: JP¥100.0b (down 3.0% from FY 2024). Net income: JP¥2.36b (down 51% from FY 2024). Profit margin: 2.4% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥30.06 (vs JP¥60.89 in FY 2024) Full year 2025 results: EPS: JP¥30.06 (down from JP¥60.89 in FY 2024). Revenue: JP¥100.0b (down 3.0% from FY 2024). Net income: JP¥2.36b (down 51% from FY 2024). Profit margin: 2.4% (down from 4.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • May 13
Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 18, 2025 Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 18, 2025. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥840, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 52% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.6%). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥18.94 (vs JP¥9.75 in 3Q 2024) Third quarter 2025 results: EPS: JP¥18.94 (up from JP¥9.75 in 3Q 2024). Revenue: JP¥22.2b (down 1.7% from 3Q 2024). Net income: JP¥1.48b (up 94% from 3Q 2024). Profit margin: 6.7% (up from 3.4% 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 7% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Dec 05
First half dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 30
Nihon Nohyaku Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Nihon Nohyaku Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥7.21 (vs JP¥4.37 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.21 (up from JP¥4.37 loss in 2Q 2024). Revenue: JP¥19.9b (up 7.6% from 2Q 2024). Net income: JP¥566.0m (up JP¥909.0m from 2Q 2024). Profit margin: 2.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. 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 11% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥598, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 26% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 2.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Jun 26
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Noboru Matsumoto was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 25
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥60.89 (up from JP¥57.23 in FY 2023). Revenue: JP¥103.0b (flat on FY 2023). Net income: JP¥4.78b (up 6.4% from FY 2023). Profit margin: 4.6% (up from 4.4% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥60.89 (up from JP¥57.23 in FY 2023). Revenue: JP¥103.0b (flat on FY 2023). Net income: JP¥4.78b (up 6.4% from FY 2023). Profit margin: 4.6% (up from 4.4% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥9.75 (vs JP¥5.88 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.75 (up from JP¥5.88 in 3Q 2023). Revenue: JP¥22.6b (down 1.0% from 3Q 2023). Net income: JP¥765.0m (up 66% from 3Q 2023). Profit margin: 3.4% (up from 2.0% in 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Nov 27
Nihon Nohyaku Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Nihon Nohyaku Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: JP¥4.37 loss per share (vs JP¥0.93 profit in 2Q 2023) Second quarter 2024 results: JP¥4.37 loss per share (down from JP¥0.93 profit in 2Q 2023). Revenue: JP¥18.5b (down 3.5% from 2Q 2023). Net loss: JP¥343.0m (down JP¥416.0m from profit in 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Chemicals industry in Japan. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥9.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.5%). New Risk • Aug 10
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: 3.0% Last year net profit margin: 6.0% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥13.24 (vs JP¥31.99 in 1Q 2023) First quarter 2024 results: EPS: JP¥13.24 (down from JP¥31.99 in 1Q 2023). Revenue: JP¥22.2b (down 7.6% from 1Q 2023). Net income: JP¥1.04b (down 59% from 1Q 2023). Profit margin: 4.7% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥57.23 (vs JP¥57.31 in FY 2022) Full year 2023 results: EPS: JP¥57.23 (down from JP¥57.31 in FY 2022). Revenue: JP¥102.1b (up 25% from FY 2022). Net income: JP¥4.49b (flat on FY 2022). Profit margin: 4.4% (down from 5.5% 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 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥57.23 (vs JP¥57.31 in FY 2022) Full year 2023 results: EPS: JP¥57.23 (down from JP¥57.31 in FY 2022). Revenue: JP¥102.1b (up 25% from FY 2022). Net income: JP¥4.49b (flat on FY 2022). Profit margin: 4.4% (down from 5.5% 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 22% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥5.88 (vs JP¥12.55 in 3Q 2022) Third quarter 2023 results: EPS: JP¥5.88 (down from JP¥12.55 in 3Q 2022). Revenue: JP¥22.8b (up 18% from 3Q 2022). Net income: JP¥461.0m (down 53% from 3Q 2022). Profit margin: 2.0% (down from 5.1% 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 27% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Nihon Nohyaku Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Nihon Nohyaku Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥0.93 (vs JP¥1.44 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥0.93 (up from JP¥1.44 loss in 2Q 2022). Revenue: JP¥19.2b (up 24% from 2Q 2022). Net income: JP¥73.0m (up JP¥186.0m from 2Q 2022). Profit margin: 0.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥0.93 (vs JP¥1.44 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥0.93 (up from JP¥1.44 loss in 2Q 2022). Revenue: JP¥19.2b (up 24% from 2Q 2022). Net income: JP¥73.0m (up JP¥186.0m from 2Q 2022). Profit margin: 0.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. 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 11
First quarter 2023 earnings released: EPS: JP¥31.99 (vs JP¥20.88 in 1Q 2022) First quarter 2023 results: EPS: JP¥31.99 (up from JP¥20.88 in 1Q 2022). Revenue: JP¥24.0b (up 45% from 1Q 2022). Net income: JP¥2.51b (up 53% from 1Q 2022). Profit margin: 10% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥781, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 106% over the past three years. Reported Earnings • May 15
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥57.31 (up from JP¥55.22 in FY 2021). Revenue: JP¥81.9b (up 14% from FY 2021). Net income: JP¥4.50b (up 3.6% from FY 2021). Profit margin: 5.5% (down from 6.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. 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 15% per year, which means it is significantly lagging earnings growth. Announcement • Apr 08
Nihon Nohyaku Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Nihon Nohyaku Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥12.55 (down from JP¥37.53 in 3Q 2021). Revenue: JP¥19.3b (down 35% from 3Q 2021). Net income: JP¥985.0m (down 67% from 3Q 2021). Profit margin: 5.1% (down from 9.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. 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 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Second quarter 2022 earnings released: JP¥1.44 loss per share (vs JP¥37.53 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥15.4b (down 48% from 2Q 2021). Net loss: JP¥113.0m (down 104% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 11 December 2021. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥55.22 (vs JP¥14.98 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥71.5b (up 16% from FY 2020). Net income: JP¥4.34b (up 268% from FY 2020). Profit margin: 6.1% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥55.22 (vs JP¥14.98 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥71.5b (up 16% from FY 2020). Net income: JP¥4.34b (up 268% from FY 2020). Profit margin: 6.1% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. 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 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.50 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%). Is New 90 Day High Low • Mar 15
New 90-day high: JP¥543 The company is up 2.0% from a price of JP¥532 on 15 December 2020. Underperformed the Japanese market, which is up 9.0% over the last 90 days. Lagged the Chemicals industry, which is up 5.0% over the same period. Announcement • Mar 04
Nihon Nohyaku Co., Ltd. to Report Fiscal Year 2021 Results on May 12, 2021 Nihon Nohyaku Co., Ltd. announced that they will report fiscal year 2021 results on May 12, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: JP¥477 The company is down 1.0% from its price of JP¥481 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Announcement • Jan 22
Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 23, 2021 Nihon Nohyaku Co., Ltd., Annual General Meeting, Jun 23, 2021. Is New 90 Day High Low • Dec 03
New 90-day high: JP¥560 The company is up 11% from its price of JP¥503 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period. Announcement • Nov 29
Nihon Nohyaku Co., Ltd. to Report Q3, 2020 Results on Feb 10, 2021 Nihon Nohyaku Co., Ltd. announced that they will report Q3, 2020 results on Feb 10, 2021