Announcement • Sep 04
Techno Quartz to Delist from Standard Section of the Tokyo Stock Exchange, Effective September 27, 2024 Techno Quartz Inc. will be delisted from Standard Section of the Tokyo Stock Exchange effective from September 27, 2024, due to becoming a wholly owned subsidiary of GLTECHNO HOLDINGS, INC. Announcement • Aug 29
Techno Quartz Inc. to Report Q2, 2025 Results on Nov 12, 2024 Techno Quartz Inc. announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥213 (vs JP¥168 in 1Q 2024) First quarter 2025 results: EPS: JP¥213 (up from JP¥168 in 1Q 2024). Revenue: JP¥4.79b (up 19% from 1Q 2024). Net income: JP¥822.0m (up 27% from 1Q 2024). Profit margin: 17% (up from 16% in 1Q 2024). The increase in margin was driven by higher revenue. 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. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥4,450, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 24% over the past three years. Reported Earnings • Jun 29
Full year 2024 earnings released: EPS: JP¥706 (vs JP¥765 in FY 2023) Full year 2024 results: EPS: JP¥706 (down from JP¥765 in FY 2023). Revenue: JP¥17.1b (down 15% from FY 2023). Net income: JP¥2.73b (down 7.7% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 27
Techno Quartz Inc. to Report Q1, 2025 Results on Aug 07, 2024 Techno Quartz Inc. announced that they will report Q1, 2025 results on Aug 07, 2024 Announcement • May 15
Techno Quartz Inc., Annual General Meeting, Jun 21, 2024 Techno Quartz Inc., Annual General Meeting, Jun 21, 2024. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥706 (vs JP¥765 in FY 2023) Full year 2024 results: EPS: JP¥706 (down from JP¥765 in FY 2023). Revenue: JP¥17.1b (down 15% from FY 2023). Net income: JP¥2.73b (down 7.7% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥130 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%). Announcement • Mar 02
Techno Quartz Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Techno Quartz Inc. announced that they will report fiscal year 2024 results on May 10, 2024 New Risk • Feb 13
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 7.6% 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 Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥160 (vs JP¥197 in 3Q 2023) Third quarter 2024 results: EPS: JP¥160 (down from JP¥197 in 3Q 2023). Revenue: JP¥4.33b (down 17% from 3Q 2023). Net income: JP¥620.0m (down 19% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Techno Quartz Inc. to Report Q3, 2024 Results on Feb 09, 2024 Techno Quartz Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,870, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 17% over the past three years. Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥171 (vs JP¥194 in 2Q 2023) Second quarter 2024 results: EPS: JP¥171 (down from JP¥194 in 2Q 2023). Revenue: JP¥4.19b (down 20% from 2Q 2023). Net income: JP¥662.0m (down 12% from 2Q 2023). Profit margin: 16% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings. Announcement • Aug 27
Techno Quartz Inc. to Report Q2, 2024 Results on Nov 06, 2023 Techno Quartz Inc. announced that they will report Q2, 2024 results on Nov 06, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥168 (vs JP¥202 in 1Q 2023) First quarter 2024 results: EPS: JP¥168 (down from JP¥202 in 1Q 2023). Revenue: JP¥4.02b (down 13% from 1Q 2023). Net income: JP¥649.0m (down 17% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 25
Full year 2023 earnings released: EPS: JP¥765 (vs JP¥569 in FY 2022) Full year 2023 results: EPS: JP¥765 (up from JP¥569 in FY 2022). Revenue: JP¥20.1b (up 27% from FY 2022). Net income: JP¥2.96b (up 34% from FY 2022). Profit margin: 15% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jun 21
Techno Quartz Inc. to Report Q1, 2024 Results on Aug 03, 2023 Techno Quartz Inc. announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥765 (vs JP¥569 in FY 2022) Full year 2023 results: EPS: JP¥765 (up from JP¥569 in FY 2022). Revenue: JP¥20.1b (up 27% from FY 2022). Net income: JP¥2.96b (up 34% from FY 2022). Profit margin: 15% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥130 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥197 (vs JP¥157 in 3Q 2022) Third quarter 2023 results: EPS: JP¥197 (up from JP¥157 in 3Q 2022). Revenue: JP¥5.23b (up 29% from 3Q 2022). Net income: JP¥761.0m (up 25% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,735, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 11x in the Semiconductor industry in Japan. Total returns to shareholders of 120% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥4,585, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 10x in the Semiconductor industry in Japan. Total returns to shareholders of 159% over the past three years. Announcement • Dec 02
Techno Quartz Inc. to Report Q3, 2023 Results on Feb 07, 2023 Techno Quartz Inc. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Outside Director Gaku Hamada was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: JP¥5.24b (up 39% from 2Q 2022). Net income: JP¥751.0m (up 61% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥4,405, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 191% over the past three years. Announcement • Sep 11
Techno Quartz Inc. to Report Q2, 2023 Results on Nov 08, 2022 Techno Quartz Inc. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥1,011 (vs JP¥715 in 1Q 2022) First quarter 2023 results: EPS: JP¥1,011 (up from JP¥715 in 1Q 2022). Revenue: JP¥4.63b (up 21% from 1Q 2022). Net income: JP¥782.0m (up 41% from 1Q 2022). Profit margin: 17% (up from 14% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 06
Techno Quartz Inc. (TSE:5217) agreed to acquire Aisin Tech. Techno Quartz Inc. (TSE:5217) agreed to acquire Aisin Tech on July 4, 2022. Announcement • Jul 02
Techno Quartz Inc. to Report Q1, 2023 Results on Aug 03, 2022 Techno Quartz Inc. announced that they will report Q1, 2023 results on Aug 03, 2022 Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: JP¥2,844 (vs JP¥2,076 in FY 2021) Full year 2022 results: EPS: JP¥2,844 (up from JP¥2,076 in FY 2021). Revenue: JP¥15.8b (up 24% from FY 2021). Net income: JP¥2.20b (up 37% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥29,450, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Semiconductor industry in Japan. Total returns to shareholders of 412% over the past three years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥28,600, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 422% over the past three years. Announcement • May 12
Techno Quartz Inc., Annual General Meeting, Jun 21, 2022 Techno Quartz Inc., Annual General Meeting, Jun 21, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥2,844 (vs JP¥2,076 in FY 2021) Full year 2022 results: EPS: JP¥2,844 (up from JP¥2,076 in FY 2021). Revenue: JP¥15.8b (up 24% from FY 2021). Net income: JP¥2.20b (up 37% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Gaku Hamada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Techno Quartz Inc. to Report Fiscal Year 2022 Results on May 10, 2022 Techno Quartz Inc. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥330 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.9%). Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥786 (up from JP¥453 in 3Q 2021). Revenue: JP¥4.06b (up 30% from 3Q 2021). Net income: JP¥608.0m (up 74% from 3Q 2021). Profit margin: 15% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS JP¥603 (vs JP¥575 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥3.78b (up 19% from 2Q 2021). Net income: JP¥466.0m (up 4.7% from 2Q 2021). Profit margin: 12% (down from 14% 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 16% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS JP¥715 (vs JP¥558 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: JP¥3.82b (up 27% from 1Q 2021). Net income: JP¥553.0m (up 28% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥2,076 (vs JP¥1,282 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.8b (up 41% from FY 2020). Net income: JP¥1.61b (up 62% from FY 2020). Profit margin: 13% (up from 11% 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 13% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥2,076 (vs JP¥1,282 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.8b (up 41% from FY 2020). Net income: JP¥1.61b (up 62% from FY 2020). Profit margin: 13% (up from 11% 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 13% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥150 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.4%). Announcement • Mar 13
Techno Quartz Inc. to Report Fiscal Year 2021 Results on May 11, 2021 Techno Quartz Inc. announced that they will report fiscal year 2021 results on May 11, 2021 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥29,800, the stock is trading at a trailing P/E ratio of 16.5x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 25x in the Semiconductor industry in Japan. Total returns to shareholders over the past three years are 162%. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS JP¥453 (vs JP¥343 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥3.11b (up 38% from 3Q 2020). Net income: JP¥350.0m (up 32% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥33,750, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 17x. This compares to an average P/E of 29x in the Semiconductor industry in Japan. Total returns to shareholders over the past three years are 207%. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥33,400, the stock is trading at a trailing P/E ratio of 19.6x, up from the previous P/E ratio of 16.6x. This compares to an average P/E of 29x in the Semiconductor industry in Japan. Total returns to shareholders over the past three years are 199%. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥29,950 The company is up 21% from its price of JP¥24,690 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 37% over the same period. Announcement • Jan 07
Techno Quartz Inc. to Report Q3, 2021 Results on Feb 03, 2021 Techno Quartz Inc. announced that they will report Q3, 2021 results on Feb 03, 2021 Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 25% share price gain to JP¥28,100, the stock is trading at a trailing P/E ratio of 16.5x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 27x in the Semiconductor industry in Japan. Total returns to shareholders over the past three years are 194%. Is New 90 Day High Low • Dec 03
New 90-day high: JP¥28,100 The company is up 39% from its price of JP¥20,240 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 34% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥575 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.18b (up 45% from 2Q 2020). Net income: JP¥445.0m (up 75% from 2Q 2020). Profit margin: 14% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 04
Second quarter 2021 earnings released: EPS JP¥575 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.18b (up 45% from 2Q 2020). Net income: JP¥445.0m (up 75% from 2Q 2020). Profit margin: 14% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Oct 21
New 90-day high: JP¥25,870 The company is up 54% from its price of JP¥16,820 on 21 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 02
New 90-day high: JP¥23,100 The company is up 43% from its price of JP¥16,200 on 03 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 1.0% over the same period. Announcement • Sep 03
Techno Quartz Inc. to Report Q2, 2021 Results on Nov 02, 2020 Techno Quartz Inc. announced that they will report Q2, 2021 results on Nov 02, 2020 Announcement • Jun 21
Techno Quartz Inc. to Report Q1, 2021 Results on Aug 04, 2020 Techno Quartz Inc. announced that they will report Q1, 2021 results on Aug 04, 2020