Announcement • Jul 03
Okamoto Industries, Inc. to Report Q1, 2027 Results on Aug 07, 2026 Okamoto Industries, Inc. announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • May 18
New major risk - Revenue and earnings growth Earnings have declined by 0.4% 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 0.4% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥283 (vs JP¥383 in FY 2025) Full year 2026 results: EPS: JP¥283 (down from JP¥383 in FY 2025). Revenue: JP¥108.0b (down 1.0% from FY 2025). Net income: JP¥4.86b (down 27% from FY 2025). Profit margin: 4.5% (down from 6.1% in FY 2025). 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. Announcement • May 14
Okamoto Industries, Inc., Annual General Meeting, Jun 26, 2026 Okamoto Industries, Inc., Annual General Meeting, Jun 26, 2026. Announcement • May 09
Okamoto Industries, Inc. to Report Fiscal Year 2026 Results on May 14, 2026 Okamoto Industries, Inc. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥98.36 (vs JP¥121 in 3Q 2025) Third quarter 2026 results: EPS: JP¥98.36 (down from JP¥121 in 3Q 2025). Revenue: JP¥27.8b (down 2.7% from 3Q 2025). Net income: JP¥1.68b (down 20% from 3Q 2025). Profit margin: 6.1% (down from 7.4% in 3Q 2025). The decrease in margin was driven by lower 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 14% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 02
First half dividend of JP¥60.00 announced Dividend of JP¥60.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 12% 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 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 10
Okamoto Industries, Inc. (TSE:5122) announces an Equity Buyback for 190,000 shares, representing 1.11% for ¥1,000 million. Okamoto Industries, Inc. (TSE:5122) announces a share repurchase program. Under the program, the company will repurchase up to 190,000 shares, representing 1.11% of its issued share capital, for ¥1,000 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and enable a flexible capital policy for the future. The program is valid till September 30, 2026. As of November 7, 2025, the company had 17,092,256 outstanding shares (excluding treasury stock) and 607,111 shares in treasury. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥85.34 (vs JP¥44.21 in 2Q 2025) Second quarter 2026 results: EPS: JP¥85.34 (up from JP¥44.21 in 2Q 2025). Revenue: JP¥26.0b (down 8.6% from 2Q 2025). Net income: JP¥1.47b (up 90% from 2Q 2025). Profit margin: 5.6% (up from 2.7% in 2Q 2025). The increase in margin was driven by lower expenses. 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 10% per year. Announcement • Oct 29
Okamoto Industries, Inc. to Report Q2, 2026 Results on Nov 07, 2025 Okamoto Industries, Inc. announced that they will report Q2, 2026 results on Nov 07, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 42% 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 07
First quarter 2026 earnings released: EPS: JP¥27.64 (vs JP¥126 in 1Q 2025) First quarter 2026 results: EPS: JP¥27.64 (down from JP¥126 in 1Q 2025). Revenue: JP¥26.9b (up 3.3% from 1Q 2025). Net income: JP¥478.0m (down 78% from 1Q 2025). Profit margin: 1.8% (down from 8.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Declared Dividend • Jul 09
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 12% 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 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 01
Full year 2025 earnings released: EPS: JP¥383 (vs JP¥420 in FY 2024) Full year 2025 results: EPS: JP¥383 (down from JP¥420 in FY 2024). Revenue: JP¥109.1b (up 2.8% from FY 2024). Net income: JP¥6.67b (down 9.7% from FY 2024). Profit margin: 6.1% (down from 7.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥383 (vs JP¥420 in FY 2024) Full year 2025 results: EPS: JP¥383 (down from JP¥420 in FY 2024). Revenue: JP¥109.1b (up 2.8% from FY 2024). Net income: JP¥6.67b (down 9.7% from FY 2024). Profit margin: 6.1% (down from 7.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Announcement • May 13
Okamoto Industries, Inc., Annual General Meeting, Jun 26, 2025 Okamoto Industries, Inc., Annual General Meeting, Jun 26, 2025. Announcement • Mar 27
Okamoto Industries, Inc. to Report Fiscal Year 2025 Results on May 13, 2025 Okamoto Industries, Inc. announced that they will report fiscal year 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). New Risk • Feb 08
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: 5.0% Last year net profit margin: 7.6% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥121 (vs JP¥138 in 3Q 2024) Third quarter 2025 results: EPS: JP¥121 (down from JP¥138 in 3Q 2024). Revenue: JP¥28.6b (flat on 3Q 2024). Net income: JP¥2.10b (down 14% from 3Q 2024). Profit margin: 7.4% (down from 8.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Announcement • Jan 03
Okamoto Industries, Inc. to Report Q3, 2025 Results on Feb 07, 2025 Okamoto Industries, Inc. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥44.21 (vs JP¥105 in 2Q 2024) Second quarter 2025 results: EPS: JP¥44.21 (down from JP¥105 in 2Q 2024). Revenue: JP¥28.4b (up 10% from 2Q 2024). Net income: JP¥770.0m (down 58% from 2Q 2024). Profit margin: 2.7% (down from 7.1% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Announcement • Nov 08
Okamoto Industries, Inc. (TSE:5122) announces an Equity Buyback for 280,000 shares, representing 1.61% for ¥1,500 million. Okamoto Industries, Inc. (TSE:5122) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 shares, representing 1.61% of its issued share capital, for ¥1,500 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, while enabling flexible capital policies in the future. The program is valid till September 30, 2025. As of November 8, 2024, the company had 17,363,217 outstanding shares (excluding treasury stock) and 536,150 shares in treasury. Announcement • Sep 27
Okamoto Industries, Inc. to Report Q2, 2025 Results on Nov 08, 2024 Okamoto Industries, Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.4%). Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥126 (vs JP¥156 in 1Q 2024) First quarter 2025 results: EPS: JP¥126 (down from JP¥156 in 1Q 2024). Revenue: JP¥26.1b (up 3.4% from 1Q 2024). Net income: JP¥2.21b (down 19% from 1Q 2024). Profit margin: 8.5% (down from 11% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥4,090, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 9.5% over the past three years. New Risk • Jul 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Announcement • Jun 28
Okamoto Industries, Inc. to Report Q1, 2025 Results on Aug 02, 2024 Okamoto Industries, Inc. announced that they will report Q1, 2025 results on Aug 02, 2024 New Risk • Jun 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). New Risk • May 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥420 (vs JP¥271 in FY 2023) Full year 2024 results: EPS: JP¥420 (up from JP¥271 in FY 2023). Revenue: JP¥106.1b (up 7.1% from FY 2023). Net income: JP¥7.39b (up 51% from FY 2023). Profit margin: 7.0% (up from 4.9% in FY 2023). 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 3% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Okamoto Industries, Inc., Annual General Meeting, Jun 27, 2024 Okamoto Industries, Inc., Annual General Meeting, Jun 27, 2024. Buy Or Sell Opportunity • May 08
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at JP¥4,780. The fair value is estimated to be JP¥6,011, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 8.7%. Announcement • Apr 17
Okamoto Industries, Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Okamoto Industries, Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Buy Or Sell Opportunity • Apr 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to JP¥4,770. The fair value is estimated to be JP¥6,015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 8.7%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%). Buy Or Sell Opportunity • Mar 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥4,850. The fair value is estimated to be JP¥6,066, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 8.7%. Buy Or Sell Opportunity • Feb 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥4,880. The fair value is estimated to be JP¥6,101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 8.7%. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥138 (vs JP¥78.84 in 3Q 2023) Third quarter 2024 results: EPS: JP¥138 (up from JP¥78.84 in 3Q 2023). Revenue: JP¥28.4b (up 6.0% from 3Q 2023). Net income: JP¥2.43b (up 71% from 3Q 2023). Profit margin: 8.5% (up from 5.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Announcement • Jan 25
Okamoto Industries, Inc. to Report Q3, 2024 Results on Feb 09, 2024 Okamoto Industries, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥105 (vs JP¥49.15 in 2Q 2023) Second quarter 2024 results: EPS: JP¥105 (up from JP¥49.15 in 2Q 2023). Revenue: JP¥25.8b (up 7.6% from 2Q 2023). Net income: JP¥1.84b (up 106% from 2Q 2023). Profit margin: 7.1% (up from 3.7% 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 9% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 27
Okamoto Industries, Inc. to Report Q2, 2024 Results on Nov 10, 2023 Okamoto Industries, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥55.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥156 (vs JP¥89.12 in 1Q 2023) First quarter 2024 results: EPS: JP¥156 (up from JP¥89.12 in 1Q 2023). Revenue: JP¥25.2b (up 12% from 1Q 2023). Net income: JP¥2.74b (up 69% from 1Q 2023). Profit margin: 11% (up from 7.2% 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 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 28
Okamoto Industries, Inc. to Report Q1, 2024 Results on Aug 04, 2023 Okamoto Industries, Inc. announced that they will report Q1, 2024 results on Aug 04, 2023 Announcement • May 17
Okamoto Industries, Inc., Annual General Meeting, Jun 29, 2023 Okamoto Industries, Inc., Annual General Meeting, Jun 29, 2023. Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥271 (vs JP¥301 in FY 2022) Full year 2023 results: EPS: JP¥271 (down from JP¥301 in FY 2022). Revenue: JP¥99.1b (up 11% from FY 2022). Net income: JP¥4.89b (down 12% from FY 2022). Profit margin: 4.9% (down from 6.2% 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 only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%). Buying Opportunity • Mar 16
Now 20% undervalued Over the last 90 days, the stock is up 1.3%. The fair value is estimated to be JP¥4,757, 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 15%. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥78.84 (vs JP¥116 in 3Q 2022) Third quarter 2023 results: EPS: JP¥78.84 (down from JP¥116 in 3Q 2022). Revenue: JP¥26.8b (up 17% from 3Q 2022). Net income: JP¥1.42b (down 34% from 3Q 2022). Profit margin: 5.3% (down from 9.3% 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 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 13
Okamoto Industries, Inc. to Report Q3, 2023 Results on Feb 10, 2023 Okamoto Industries, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Announcement • Dec 17
Okamoto Industries, Inc. (TSE:5122) announces an Equity Buyback for 400,000 shares, representing 2.22% for ¥2,000 million. Okamoto Industries, Inc. (TSE:5122) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.22% of its total shares outstanding (excluding treasury shares), for a total of ¥2,000 million. The purpose of repurchase program is to enhance shareholder returns, improve capital efficiency while considering the market environment and to enable a flexible capital policy in the future. The repurchase program is valid till September 30, 2023. As of December 16, 2022, the company has 18,001,049 shares outstanding (excluding treasury shares) and has 598,318 shares in treasury. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥49.15 (vs JP¥77.14 in 2Q 2022) Second quarter 2023 results: EPS: JP¥49.15 (down from JP¥77.14 in 2Q 2022). Revenue: JP¥23.9b (up 6.9% from 2Q 2022). Net income: JP¥891.0m (down 38% from 2Q 2022). Profit margin: 3.7% (down from 6.4% 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 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥49.15 (vs JP¥77.14 in 2Q 2022) Second quarter 2023 results: EPS: JP¥49.15 (down from JP¥77.14 in 2Q 2022). Revenue: JP¥23.9b (up 6.9% from 2Q 2022). Net income: JP¥891.0m (down 38% from 2Q 2022). Profit margin: 3.7% (down from 6.4% 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 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Okamoto Industries, Inc. to Report Q2, 2023 Results on Nov 11, 2022 Okamoto Industries, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥89.11 (vs JP¥98.07 in 1Q 2022) First quarter 2023 results: EPS: JP¥89.11 (down from JP¥98.07 in 1Q 2022). Revenue: JP¥22.5b (up 1.7% from 1Q 2022). Net income: JP¥1.63b (down 11% from 1Q 2022). Profit margin: 7.2% (down from 8.3% 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 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Okamoto Industries, Inc. to Report Q1, 2023 Results on Aug 05, 2022 Okamoto Industries, Inc. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥301 (down from JP¥304 in FY 2021). Revenue: JP¥89.6b (up 3.7% from FY 2021). Net income: JP¥5.58b (down 2.1% from FY 2021). Profit margin: 6.2% (down from 6.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 1.7%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 18
Okamoto Industries, Inc., Annual General Meeting, Jun 29, 2022 Okamoto Industries, Inc., Annual General Meeting, Jun 29, 2022. Price Target Changed • Apr 27
Price target decreased to JP¥4,600 Down from JP¥5,500, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥3,725. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of JP¥320 for next year compared to JP¥304 last year. Announcement • Apr 08
Okamoto Industries, Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Okamoto Industries, Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. 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 12
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥116 (down from JP¥117 in 3Q 2021). Revenue: JP¥22.9b (down 2.8% from 3Q 2021). Net income: JP¥2.14b (down 2.5% from 3Q 2021). Profit margin: 9.3% (in line with 3Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 4.1%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥77.13 (vs JP¥48.69 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.4b (up 12% from 2Q 2021). Net income: JP¥1.43b (up 57% from 2Q 2021). Profit margin: 6.4% (up from 4.6% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥98.07 (vs JP¥87.50 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥22.1b (up 14% from 1Q 2021). Net income: JP¥1.83b (up 11% from 1Q 2021). Profit margin: 8.3% (down from 8.5% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥304 (vs JP¥184 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥86.4b (down 4.6% from FY 2020). Net income: JP¥5.70b (up 63% from FY 2020). Profit margin: 6.6% (up from 3.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Is New 90 Day High Low • Mar 05
New 90-day high: JP¥4,180 The company is up 1.0% from its price of JP¥4,155 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Chemicals industry, which is down 2.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥117 (vs JP¥17.36 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥23.6b (flat on 3Q 2020). Net income: JP¥2.20b (up JP¥1.87b from 3Q 2020). Profit margin: 9.3% (up from 1.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day low: JP¥3,870 The company is down 10.0% from its price of JP¥4,285 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. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥3,900 The company is down 8.0% from its price of JP¥4,255 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 02
New 90-day low: JP¥4,070 The company is down 6.0% from its price of JP¥4,310 on 03 September 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 19% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥6,500 Down from JP¥8,000, the current price target is provided by 1 analyst. The new target price is 58% above the current share price of JP¥4,110. As of last close, the stock is up 0.2% over the past year. Announcement • Nov 08
Okamoto Industries, Inc. to Report Q2, 2021 Results on Nov 06, 2020 Okamoto Industries, Inc. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Jun 28
Okamoto Industries, Inc. to Report Q1, 2021 Results on Aug 05, 2020 Okamoto Industries, Inc. announced that they will report Q1, 2021 results on Aug 05, 2020