Announcement • Jun 01
Nippon Chutetsukan K.K. to Report Q1, 2027 Results on Jul 31, 2026 Nippon Chutetsukan K.K. announced that they will report Q1, 2027 results on Jul 31, 2026 New Risk • Apr 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.1% operating cash flow to total debt). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥5.33b market cap, or US$33.3m). Reported Earnings • Apr 28
Full year 2026 earnings released: EPS: JP¥28.32 (vs JP¥71.58 loss in FY 2025) Full year 2026 results: EPS: JP¥28.32 (up from JP¥71.58 loss in FY 2025). Revenue: JP¥15.9b (down 5.9% from FY 2025). Net income: JP¥91.0m (up JP¥321.0m from FY 2025). Profit margin: 0.6% (up from net loss in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
Nippon Chutetsukan K.K., Annual General Meeting, Jun 26, 2026 Nippon Chutetsukan K.K., Annual General Meeting, Jun 26, 2026. Announcement • Apr 21
Nippon Chutetsukan K.K. to Report Fiscal Year 2026 Results on Apr 27, 2026 Nippon Chutetsukan K.K. announced that they will report fiscal year 2026 results on Apr 27, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥38.59 (vs JP¥2.18 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.59 (up from JP¥2.18 in 3Q 2025). Revenue: JP¥4.25b (down 14% from 3Q 2025). Net income: JP¥124.0m (up JP¥117.0m from 3Q 2025). Profit margin: 2.9% (up from 0.1% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. New Risk • Jan 14
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 5.5% 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 37% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥6.37b market cap, or US$40.1m). Announcement • Nov 29
Nippon Chutetsukan K.K. to Report Q3, 2026 Results on Jan 30, 2026 Nippon Chutetsukan K.K. announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 02
Second quarter 2026 earnings released: JP¥19.30 loss per share (vs JP¥23.03 loss in 2Q 2025) Second quarter 2026 results: JP¥19.30 loss per share (improved from JP¥23.03 loss in 2Q 2025). Revenue: JP¥3.98b (down 8.1% from 2Q 2025). Net loss: JP¥62.0m (loss narrowed 16% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Sep 02
Nippon Chutetsukan K.K. to Report Q2, 2026 Results on Oct 31, 2025 Nippon Chutetsukan K.K. announced that they will report Q2, 2026 results on Oct 31, 2025 New Risk • Aug 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥6.13b market cap, or US$41.3m). Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: JP¥9.03 (vs JP¥16.81 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥9.03 (up from JP¥16.81 loss in 1Q 2025). Revenue: JP¥3.94b (up 2.9% from 1Q 2025). Net income: JP¥29.0m (up JP¥83.0m from 1Q 2025). Profit margin: 0.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • May 31
Nippon Chutetsukan K.K. to Report Q1, 2026 Results on Jul 28, 2025 Nippon Chutetsukan K.K. announced that they will report Q1, 2026 results on Jul 28, 2025 Reported Earnings • Apr 29
Full year 2025 earnings released: JP¥71.58 loss per share (vs JP¥148 profit in FY 2024) Full year 2025 results: JP¥71.58 loss per share (down from JP¥148 profit in FY 2024). Revenue: JP¥16.9b (flat on FY 2024). Net loss: JP¥230.0m (down 148% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Apr 28
Nippon Chutetsukan K.K., Annual General Meeting, Jun 26, 2025 Nippon Chutetsukan K.K., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%). Announcement • Mar 01
Nippon Chutetsukan K.K. to Report Fiscal Year 2025 Results on Apr 28, 2025 Nippon Chutetsukan K.K. announced that they will report fiscal year 2025 results on Apr 28, 2025 New Risk • Feb 10
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 5.6% 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: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Market cap is less than US$100m (JP¥4.58b market cap, or US$30.1m). Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥2.18 (vs JP¥66.29 in 3Q 2024) Third quarter 2025 results: EPS: JP¥2.18 (down from JP¥66.29 in 3Q 2024). Revenue: JP¥4.95b (up 2.6% from 3Q 2024). Net income: JP¥7.00m (down 97% from 3Q 2024). Profit margin: 0.1% (down from 4.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,180, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 29% over the past three years. Announcement • Jan 03
Nippon Chutetsukan K.K. to Report Q3, 2025 Results on Jan 31, 2025 Nippon Chutetsukan K.K. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Oct 31
Second quarter 2025 earnings released: JP¥23.03 loss per share (vs JP¥52.91 profit in 2Q 2024) Second quarter 2025 results: JP¥23.03 loss per share (down from JP¥52.91 profit in 2Q 2024). Revenue: JP¥4.33b (down 7.7% from 2Q 2024). Net loss: JP¥74.0m (down 144% from profit in 2Q 2024). 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 3% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Nippon Chutetsukan K.K. to Report Q2, 2025 Results on Oct 29, 2024 Nippon Chutetsukan K.K. announced that they will report Q2, 2025 results on Oct 29, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: JP¥16.81 loss per share (vs JP¥11.83 loss in 1Q 2024) First quarter 2025 results: JP¥16.81 loss per share (further deteriorated from JP¥11.83 loss in 1Q 2024). Revenue: JP¥3.82b (up 9.8% from 1Q 2024). Net loss: JP¥54.0m (loss widened 42% from 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 • Jul 30
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,373, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Metals and Mining industry in Japan. Total returns to shareholders of 25% over the past three years. Buy Or Sell Opportunity • Jul 30
Now 22% undervalued Over the last 90 days, the stock has risen 1.8% to JP¥1,373. The fair value is estimated to be JP¥1,752, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has declined by 5.2%. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,951, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 11x in the Metals and Mining industry in Japan. Total returns to shareholders of 72% over the past three years. New Risk • Jun 11
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 5.5% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥4.86b market cap, or US$30.9m). Announcement • Jun 02
Nippon Chutetsukan K.K. to Report Q1, 2025 Results on Jul 29, 2024 Nippon Chutetsukan K.K. announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥148 (vs JP¥113 in FY 2023) Full year 2024 results: EPS: JP¥148 (up from JP¥113 in FY 2023). Revenue: JP¥16.9b (down 2.5% from FY 2023). Net income: JP¥475.0m (up 31% from FY 2023). Profit margin: 2.8% (up from 2.1% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,347, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Negligible returns to shareholders over past three years. Announcement • Mar 29
Nippon Chutetsukan K.K. to Report Fiscal Year 2024 Results on Apr 26, 2024 Nippon Chutetsukan K.K. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥66.29 (vs JP¥39.53 in 3Q 2023) Third quarter 2024 results: EPS: JP¥66.29 (up from JP¥39.53 in 3Q 2023). Revenue: JP¥4.83b (flat on 3Q 2023). Net income: JP¥213.0m (up 68% from 3Q 2023). Profit margin: 4.4% (up from 2.6% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Nov 27
Nippon Chutetsukan K.K. to Report Q3, 2024 Results on Jan 31, 2024 Nippon Chutetsukan K.K. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥52.91 (vs JP¥56.96 in 2Q 2023) Second quarter 2024 results: EPS: JP¥52.91 (down from JP¥56.96 in 2Q 2023). Revenue: JP¥4.70b (down 1.3% from 2Q 2023). Net income: JP¥170.0m (down 7.1% from 2Q 2023). Profit margin: 3.6% (down from 3.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
First quarter 2024 earnings released: JP¥11.83 loss per share (vs JP¥14.63 loss in 1Q 2023) First quarter 2024 results: JP¥11.83 loss per share (improved from JP¥14.63 loss in 1Q 2023). Revenue: JP¥3.48b (down 7.3% from 1Q 2023). Net loss: JP¥38.0m (loss narrowed 19% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥113 (vs JP¥73.45 in FY 2022) Full year 2023 results: EPS: JP¥113 (up from JP¥73.45 in FY 2022). Revenue: JP¥17.3b (up 14% from FY 2022). Net income: JP¥362.0m (up 53% from FY 2022). Profit margin: 2.1% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • May 28
Nippon Chutetsukan K.K. to Report Q1, 2024 Results on Jul 28, 2023 Nippon Chutetsukan K.K. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥113 (vs JP¥73.45 in FY 2022) Full year 2023 results: EPS: JP¥113 (up from JP¥73.45 in FY 2022). Revenue: JP¥17.3b (up 14% from FY 2022). Net income: JP¥362.0m (up 53% from FY 2022). Profit margin: 2.1% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • May 13
Nippon Chutetsukan K.K., Annual General Meeting, Jun 20, 2023 Nippon Chutetsukan K.K., Annual General Meeting, Jun 20, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥39.52 (vs JP¥41.71 in 3Q 2022) Third quarter 2023 results: EPS: JP¥39.52 (down from JP¥41.71 in 3Q 2022). Revenue: JP¥4.83b (up 10% from 3Q 2022). Net income: JP¥127.0m (down 5.2% from 3Q 2022). Profit margin: 2.6% (down from 3.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Announcement • Nov 27
Nippon Chutetsukan K.K. to Report Q3, 2023 Results on Jan 31, 2023 Nippon Chutetsukan K.K. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Outside Auditor Mitsuhiro Nogami was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥56.95 (vs JP¥21.79 in 2Q 2022) Second quarter 2023 results: EPS: JP¥56.95 (up from JP¥21.79 in 2Q 2022). Revenue: JP¥4.76b (up 18% from 2Q 2022). Net income: JP¥183.0m (up 161% from 2Q 2022). Profit margin: 3.8% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Nippon Chutetsukan K.K. to Report Q2, 2023 Results on Oct 31, 2022 Nippon Chutetsukan K.K. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: JP¥14.63 loss per share (vs JP¥18.05 profit in 1Q 2022) First quarter 2023 results: JP¥14.63 loss per share (down from JP¥18.05 profit in 1Q 2022). Revenue: JP¥3.76b (up 2.5% from 1Q 2022). Net loss: JP¥47.0m (down 181% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 26
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥15.2b (up 3.6% from FY 2021). Net income: JP¥236.0m (down 64% from FY 2021). Profit margin: 1.6% (down from 4.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 29
Nippon Chutetsukan K.K. to Report Q1, 2023 Results on Jul 27, 2022 Nippon Chutetsukan K.K. announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥73.45 (vs JP¥203 in FY 2021) Full year 2022 results: EPS: JP¥73.45 (down from JP¥203 in FY 2021). Revenue: JP¥15.2b (up 3.6% from FY 2021). Net income: JP¥236.0m (down 64% from FY 2021). Profit margin: 1.6% (down from 4.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 28
Now 20% undervalued Over the last 90 days, the stock is up 1.1%. The fair value is estimated to be JP¥1,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Outside Auditor Mitsuhiro Nogami was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Nippon Chutetsukan K.K. to Report Fiscal Year 2022 Results on Apr 27, 2022 Nippon Chutetsukan K.K. announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (4.7%). Buying Opportunity • Feb 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥1,246, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% per annum over the last 3 years. The company has become profitable over the last 3 years. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥41.70 (down from JP¥76.83 in 3Q 2021). Revenue: JP¥4.38b (down 4.1% from 3Q 2021). Net income: JP¥134.0m (down 46% from 3Q 2021). Profit margin: 3.1% (down from 5.5% 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 113% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥21.78 (vs JP¥63.24 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥4.02b (up 5.9% from 2Q 2021). Net income: JP¥70.0m (down 66% from 2Q 2021). Profit margin: 1.7% (down from 5.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 01
First quarter 2022 earnings released: EPS JP¥18.05 (vs JP¥60.20 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥3.66b (up 14% from 1Q 2021). Net income: JP¥58.0m (down 71% from 1Q 2021). Profit margin: 1.6% (down from 6.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS JP¥203 (vs JP¥153 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.7b (up 8.0% from FY 2020). Net income: JP¥661.0m (up 32% from FY 2020). Profit margin: 4.5% (up from 3.7% 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 53% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS JP¥203 (vs JP¥153 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.7b (up 8.0% from FY 2020). Net income: JP¥661.0m (up 32% from FY 2020). Profit margin: 4.5% (up from 3.7% 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 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 17 June 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.5%). Announcement • Mar 04
Nippon Chutetsukan K.K. to Report Fiscal Year 2021 Results on Apr 28, 2021 Nippon Chutetsukan K.K. announced that they will report fiscal year 2021 results on Apr 28, 2021 Is New 90 Day High Low • Feb 09
New 90-day high: JP¥1,481 The company is up 15% from its price of JP¥1,293 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,481, the stock is trading at a trailing P/E ratio of 6.7x, up from the previous P/E ratio of 5.8x. This compares to an average P/E of 12x in the Metals and Mining industry in Japan. Total return to shareholders over the past three years is a loss of 5.9%. Reported Earnings • Jan 28
Third quarter 2021 earnings released: EPS JP¥76.79 (vs JP¥64.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.57b (up 12% from 3Q 2020). Net income: JP¥249.0m (up 18% from 3Q 2020). Profit margin: 5.5% (up from 5.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 16
New 90-day high: JP¥1,356 The company is up 13% from its price of JP¥1,200 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. Announcement • Aug 30
Nippon Chutetsukan K.K. to Report Q2, 2021 Results on Oct 29, 2020 Nippon Chutetsukan K.K. announced that they will report Q2, 2021 results on Oct 29, 2020