Announcement • May 07
Asahi Kagaku Kogyo Co.,Ltd. to Report Q3, 2026 Results on Jul 10, 2026 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q3, 2026 results on Jul 10, 2026 Reported Earnings • Apr 14
Second quarter 2026 earnings released: JP¥1.02 loss per share (vs JP¥3.52 profit in 2Q 2025) Second quarter 2026 results: JP¥1.02 loss per share (down from JP¥3.52 profit in 2Q 2025). Revenue: JP¥2.22b (up 1.8% from 2Q 2025). Net loss: JP¥3.00m (down 127% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Announcement • Apr 03
Asahi Kagaku Kogyo Co.,Ltd. to Report Q2, 2026 Results on Apr 13, 2026 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q2, 2026 results on Apr 13, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 19 May 2026. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.2%). New Risk • Feb 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥1.91b market cap, or US$12.5m). Reported Earnings • Jan 14
First quarter 2026 earnings released: EPS: JP¥11.19 (vs JP¥1.92 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥11.19 (up from JP¥1.92 loss in 1Q 2025). Revenue: JP¥2.33b (up 1.1% from 1Q 2025). Net income: JP¥35.0m (up JP¥41.0m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jan 13
Asahi Kagaku Kogyo Co.,Ltd. (TSE:7928) announces an Equity Buyback for 100,000 shares, representing 3.2% for ¥59.9 million. Asahi Kagaku Kogyo Co.,Ltd. (TSE:7928) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.2% of its issued share capital, for ¥59.9 million. The shares will be repurchased at a price of ¥599 per share. The purpose of the repurchase program is to enhance shareholder returns and to be able to implement a flexible capital policy in response to changes in the business environment. The plan is valid till January 14, 2026. As of January 13, 2026, the company had 3,127,771 shares in issue (excluding treasury stock) and 768,229 treasury shares. Announcement • Nov 04
Asahi Kagaku Kogyo Co.,Ltd. to Report Q1, 2026 Results on Jan 13, 2026 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q1, 2026 results on Jan 13, 2026 Reported Earnings • Oct 15
Full year 2025 earnings released: EPS: JP¥15.03 (vs JP¥29.74 in FY 2024) Full year 2025 results: EPS: JP¥15.03 (down from JP¥29.74 in FY 2024). Revenue: JP¥8.36b (flat on FY 2024). Net income: JP¥47.0m (down 50% from FY 2024). Profit margin: 0.6% (down from 1.1% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. New Risk • Oct 15
New major risk - Revenue and earnings growth Earnings have declined by 37% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 221% Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥1.83b market cap, or US$12.1m). Announcement • Oct 14
Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 27, 2025 Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 27, 2025. Announcement • Sep 03
Asahi Kagaku Kogyo Co.,Ltd. to Report Fiscal Year 2025 Results on Oct 14, 2025 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report fiscal year 2025 results on Oct 14, 2025 Upcoming Dividend • Aug 21
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 01 December 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). New Risk • Jul 14
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: 0.2% Last year net profit margin: 0.3% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 129% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (JP¥1.91b market cap, or US$12.9m). Reported Earnings • Jul 14
Third quarter 2025 earnings released: EPS: JP¥6.07 (vs JP¥24.62 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.07 (down from JP¥24.62 in 3Q 2024). Revenue: JP¥1.87b (down 11% from 3Q 2024). Net income: JP¥19.0m (down 75% from 3Q 2024). Profit margin: 1.0% (down from 3.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • May 07
Asahi Kagaku Kogyo Co.,Ltd. to Report Q3, 2025 Results on Jul 11, 2025 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q3, 2025 results on Jul 11, 2025 Reported Earnings • Apr 15
Second quarter 2025 earnings released: EPS: JP¥3.52 (vs JP¥3.52 in 2Q 2024) Second quarter 2025 results: EPS: JP¥3.52 (down from JP¥3.52 in 2Q 2024). Revenue: JP¥2.18b (up 22% from 2Q 2024). Net income: JP¥11.0m (flat on 2Q 2024). Profit margin: 0.5% (down from 0.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%). Announcement • Feb 05
Asahi Kagaku Kogyo Co.,Ltd. to Report Q2, 2025 Results on Apr 14, 2025 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q2, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
First quarter 2025 earnings released: JP¥1.92 loss per share (vs JP¥3.84 profit in 1Q 2024) First quarter 2025 results: JP¥1.92 loss per share (down from JP¥3.84 profit in 1Q 2024). Revenue: JP¥2.30b (up 13% from 1Q 2024). Net loss: JP¥6.00m (down 150% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Oct 29
Asahi Kagaku Kogyo Co.,Ltd. to Report Q1, 2025 Results on Jan 14, 2025 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q1, 2025 results on Jan 14, 2025 Reported Earnings • Oct 16
Full year 2024 earnings released: EPS: JP¥29.73 (vs JP¥7.36 in FY 2023) Full year 2024 results: EPS: JP¥29.73 (up from JP¥7.36 in FY 2023). Revenue: JP¥8.34b (down 3.7% from FY 2023). Net income: JP¥93.0m (up 304% from FY 2023). Profit margin: 1.1% (up from 0.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Oct 11
Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 28, 2024 Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 28, 2024. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥1.81b market cap, or US$12.9m). Upcoming Dividend • Aug 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.4%). Announcement • Aug 03
Asahi Kagaku Kogyo Co.,Ltd. to Report Fiscal Year 2024 Results on Oct 11, 2024 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report fiscal year 2024 results on Oct 11, 2024 Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: JP¥24.61 (vs JP¥4.48 in 3Q 2023) Third quarter 2024 results: EPS: JP¥24.61 (up from JP¥4.48 in 3Q 2023). Revenue: JP¥2.10b (up 4.4% from 3Q 2023). Net income: JP¥77.0m (up 450% from 3Q 2023). Profit margin: 3.7% (up from 0.7% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • May 09
Asahi Kagaku Kogyo Co.,Ltd. to Report Q3, 2024 Results on Jul 12, 2024 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q3, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
Second quarter 2024 earnings released: EPS: JP¥3.52 (vs JP¥24.62 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥3.52 (up from JP¥24.62 loss in 2Q 2023). Revenue: JP¥1.78b (flat on 2Q 2023). Net income: JP¥11.0m (up JP¥88.0m from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Feb 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%). Announcement • Feb 09
Asahi Kagaku Kogyo Co.,Ltd. to Report Q2, 2024 Results on Apr 12, 2024 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q2, 2024 results on Apr 12, 2024 Reported Earnings • Jan 14
First quarter 2024 earnings released: EPS: JP¥3.84 (vs JP¥51.17 in 1Q 2023) First quarter 2024 results: EPS: JP¥3.84 (down from JP¥51.17 in 1Q 2023). Revenue: JP¥2.03b (down 25% from 1Q 2023). Net income: JP¥12.0m (down 93% from 1Q 2023). Profit margin: 0.6% (down from 5.9% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 05
Full year 2023 earnings released: EPS: JP¥7.36 (vs JP¥121 in FY 2022) Full year 2023 results: EPS: JP¥7.36 (down from JP¥121 in FY 2022). Revenue: JP¥8.66b (down 19% from FY 2022). Net income: JP¥23.0m (down 94% from FY 2022). Profit margin: 0.3% (down from 3.6% in FY 2022). 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 2% per year. Announcement • Nov 02
Asahi Kagaku Kogyo Co.,Ltd. to Report Q1, 2024 Results on Jan 12, 2024 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q1, 2024 results on Jan 12, 2024 Reported Earnings • Oct 15
Full year 2023 earnings released: EPS: JP¥7.35 (vs JP¥121 in FY 2022) Full year 2023 results: EPS: JP¥7.35 (down from JP¥121 in FY 2022). Revenue: JP¥8.66b (down 19% from FY 2022). Net income: JP¥23.0m (down 94% from FY 2022). Profit margin: 0.3% (down from 3.6% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 15
Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 28, 2023 Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 28, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 25 November 2023. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.6%). Announcement • Aug 03
Asahi Kagaku Kogyo Co.,Ltd. to Report Fiscal Year 2023 Results on Oct 13, 2023 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report fiscal year 2023 results on Oct 13, 2023 Reported Earnings • Jul 16
Third quarter 2023 earnings released: EPS: JP¥4.47 (vs JP¥38.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.47 (down from JP¥38.43 in 3Q 2022). Revenue: JP¥2.01b (down 30% from 3Q 2022). Net income: JP¥14.0m (down 89% from 3Q 2022). Profit margin: 0.7% (down from 4.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 13
Second quarter 2023 earnings released: JP¥24.61 loss per share (vs JP¥38.12 profit in 2Q 2022) Second quarter 2023 results: JP¥24.61 loss per share (down from JP¥38.12 profit in 2Q 2022). Revenue: JP¥1.78b (down 40% from 2Q 2022). Net loss: JP¥77.0m (down 163% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥10.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Reported Earnings • Jan 13
First quarter 2023 earnings released: EPS: JP¥51.16 (vs JP¥41.84 in 1Q 2022) First quarter 2023 results: EPS: JP¥51.16 (up from JP¥41.84 in 1Q 2022). Revenue: JP¥2.72b (flat on 1Q 2022). Net income: JP¥160.0m (up 19% from 1Q 2022). Profit margin: 5.9% (up from 5.0% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 9% 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. 4 experienced directors. 2 highly experienced directors. No independent directors (6 non-independent directors). External Director Takenori Iso 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 03
Asahi Kagaku Kogyo Co.,Ltd. to Report Q1, 2023 Results on Jan 12, 2023 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q1, 2023 results on Jan 12, 2023 Announcement • Oct 13
Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 24, 2022 Asahi Kagaku Kogyo Co.,Ltd., Annual General Meeting, Nov 24, 2022. Reported Earnings • Oct 13
Full year 2022 earnings released: EPS: JP¥121 (vs JP¥171 in FY 2021) Full year 2022 results: EPS: JP¥121 (down from JP¥171 in FY 2021). Revenue: JP¥10.7b (up 3.0% from FY 2021). Net income: JP¥389.0m (down 30% from FY 2021). Profit margin: 3.6% (down from 5.3% 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 95% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Aug 05
Asahi Kagaku Kogyo Co.,Ltd. to Report Fiscal Year 2022 Results on Oct 11, 2022 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report fiscal year 2022 results on Oct 11, 2022 Announcement • Jul 14
Asahi Kagaku Kogyo Co.,Ltd. (TSE:7928) announces an Equity Buyback for 100,000 shares, representing 3.1% for ¥80 million. Asahi Kagaku Kogyo Co., Ltd. (JASDAQ:7928) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.10% of its issued share capital, for ¥80 million. The shares will be repurchased at a price of ¥710 per share. The purpose of the repurchase program is to implement mobile capital policies in response to changes in the business environment. The plan is valid till July 14, 2022. As of July 13, 2022, the company had 3,227,772 shares in issue and 668,228 treasury shares. Reported Earnings • Jul 13
Third quarter 2022 earnings released: EPS: JP¥38.40 (vs JP¥35.64 in 3Q 2021) Third quarter 2022 results: EPS: JP¥38.40 (up from JP¥35.64 in 3Q 2021). Revenue: JP¥2.88b (up 5.6% from 3Q 2021). Net income: JP¥124.0m (up 7.8% from 3Q 2021). Profit margin: 4.3% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. 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. 4 experienced directors. 2 highly experienced directors. No independent directors (6 non-independent directors). External Director Takenori Iso was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 12
Second quarter 2022 earnings released: EPS: JP¥38.10 (vs JP¥32.85 in 2Q 2021) Second quarter 2022 results: EPS: JP¥38.10 (up from JP¥32.85 in 2Q 2021). Revenue: JP¥2.96b (up 21% from 2Q 2021). Net income: JP¥123.0m (up 16% from 2Q 2021). Profit margin: 4.2% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 92% 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 • Mar 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥704, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 73% over the past three years. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Announcement • Feb 05
Asahi Kagaku Kogyo Co.,Ltd. to Report Q2, 2022 Results on Apr 11, 2022 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q2, 2022 results on Apr 11, 2022 Reported Earnings • Jan 12
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥41.82 (up from JP¥40.60 in 1Q 2021). Revenue: JP¥2.72b (up 12% from 1Q 2021). Net income: JP¥135.0m (up 3.1% from 1Q 2021). Profit margin: 5.0% (down from 5.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥883, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 144% over the past three years. Reported Earnings • Oct 13
Full year 2021 earnings released: EPS JP¥171 (vs JP¥14.57 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥10.4b (up 36% from FY 2020). Net income: JP¥552.0m (up JP¥505.0m from FY 2020). Profit margin: 5.3% (up from 0.6% 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 64% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 27 November 2021. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (2.1%). Reported Earnings • Jul 15
Third quarter 2021 earnings released: EPS JP¥35.61 (vs JP¥17.97 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.72b (up 91% from 3Q 2020). Net income: JP¥115.0m (up JP¥173.0m from 3Q 2020). Profit margin: 4.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 34% per year. Reported Earnings • Apr 15
Second quarter 2021 earnings released: EPS JP¥32.83 (vs JP¥8.06 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.45b (up 14% from 2Q 2020). Net income: JP¥106.0m (up 308% from 2Q 2020). Profit margin: 4.3% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. 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 28% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,338, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 17x in the Chemicals industry in Japan. Total returns to shareholders of 173% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥1,024, the stock is trading at a trailing P/E ratio of 20.1x, down from the previous P/E ratio of 23.8x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 75%. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,090, the stock is trading at a trailing P/E ratio of 21.4x, up from the previous P/E ratio of 18.6x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 100%. Announcement • Feb 04
Asahi Kagaku Kogyo Co.,Ltd. to Report Q2, 2021 Results on Apr 12, 2021 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report Q2, 2021 results on Apr 12, 2021 Is New 90 Day High Low • Feb 03
New 90-day high: JP¥1,024 The company is up 145% from its price of JP¥418 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 19% over the same period. Reported Earnings • Jan 14
First quarter 2021 earnings released: EPS JP¥40.58 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥2.43b (up 13% from 1Q 2020). Net income: JP¥131.0m (up JP¥117.0m from 1Q 2020). Profit margin: 5.4% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥725, the stock is trading at a trailing P/E ratio of 49.8x, up from the previous P/E ratio of 41.2x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years were flat. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥725 The company is up 30% from its price of JP¥556 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 23% share price decline to JP¥530, the stock is trading at a trailing P/E ratio of 36.4x, down from the previous P/E ratio of 47.2x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 9.0%. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥656, the stock is trading at a trailing P/E ratio of 45x, up from the previous P/E ratio of 37.5x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 5.8%. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 23% share price gain to JP¥643, the stock is trading at a trailing P/E ratio of 44.1x, up from the previous P/E ratio of 35.8x. This compares to an average P/E of 16x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 12%. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 15% share price gain to JP¥600, the stock is trading at a trailing P/E ratio of 41.2x, up from the previous P/E ratio of 35.8x. This compares to an average P/E of 16x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 6.4%. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 20% share price gain to JP¥601, the stock is trading at a trailing P/E ratio of 41.3x, up from the previous P/E ratio of 34.3x. This compares to an average P/E of 16x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 3.2%. Is New 90 Day High Low • Nov 30
New 90-day high: JP¥601 The company is up 70% from its price of JP¥353 on 01 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 15% share price gain to JP¥537, the stock is trading at a trailing P/E ratio of 36.9x, up from the previous P/E ratio of 31.9x. This compares to an average P/E of 16x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 11%. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 16% share price gain to JP¥468, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 27.7x. This compares to an average P/E of 15x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 22%. Valuation Update With 7 Day Price Move • Oct 21
Market pulls back on stock over the past week After last week's 18% share price decline to JP¥458, the stock is trading at a trailing P/E ratio of 31.5x, down from the previous P/E ratio of 38.2x. This compares to an average P/E of 14x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 32%. Is New 90 Day High Low • Oct 02
New 90-day high: JP¥367 The company is up 3.0% from its price of JP¥358 on 03 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Announcement • Aug 15
Asahi Kagaku Kogyo Co.,Ltd. to Report Fiscal Year 2020 Results on Oct 12, 2020 Asahi Kagaku Kogyo Co.,Ltd. announced that they will report fiscal year 2020 results on Oct 12, 2020 