Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,544, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 289% over the past three years. Announcement • May 27
Rorze Corporation to Report Q1, 2027 Results on Jul 09, 2026 Rorze Corporation announced that they will report Q1, 2027 results on Jul 09, 2026 Price Target Changed • Apr 25
Price target increased by 14% to JP¥4,550 Up from JP¥4,000, the current price target is an average from 4 analysts. New target price is 25% above last closing price of JP¥3,638. Stock is up 141% over the past year. The company is forecast to post earnings per share of JP¥168 for next year compared to JP¥109 last year. Reported Earnings • Apr 10
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥109 (down from JP¥134 in FY 2025). Revenue: JP¥128.8b (up 3.5% from FY 2025). Net income: JP¥19.0b (down 19% from FY 2025). Profit margin: 15% (down from 19% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Japan. 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 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 09
Rorze Corporation, Annual General Meeting, May 28, 2026 Rorze Corporation, Annual General Meeting, May 28, 2026. Buy Or Sell Opportunity • Apr 08
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to JP¥3,197. The fair value is estimated to be JP¥2,524, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years. Announcement • Apr 02
Rorze Corporation to Report Fiscal Year 2026 Results on Apr 09, 2026 Rorze Corporation announced that they will report fiscal year 2026 results on Apr 09, 2026 Buy Or Sell Opportunity • Mar 05
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to JP¥3,028. The fair value is estimated to be JP¥2,415, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 46% in the next 2 years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,836, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,413 per share. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (0.9%). Price Target Changed • Feb 06
Price target increased by 21% to JP¥3,433 Up from JP¥2,833, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,299. Stock is up 99% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥134 last year. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥3,174, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,285 per share. Buy Or Sell Opportunity • Jan 13
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to JP¥2,862. The fair value is estimated to be JP¥2,299, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Reported Earnings • Jan 10
Third quarter 2026 earnings released: EPS: JP¥38.01 (vs JP¥21.88 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.01 (up from JP¥21.88 in 3Q 2025). Revenue: JP¥28.9b (flat on 3Q 2025). Net income: JP¥6.59b (up 71% from 3Q 2025). Profit margin: 23% (up from 13% in 3Q 2025). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,329, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 239% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,505 per share. Announcement • Nov 01
Rorze Corporation to Report Q3, 2026 Results on Jan 09, 2026 Rorze Corporation announced that they will report Q3, 2026 results on Jan 09, 2026 New Risk • Oct 24
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 7.8% 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 (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin). Declared Dividend • Oct 13
Dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 26th February 2026 Payment date: 1st June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 9%. Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: JP¥32.24 (vs JP¥40.15 in 2Q 2025) Second quarter 2026 results: EPS: JP¥32.24 (down from JP¥40.15 in 2Q 2025). Revenue: JP¥32.5b (up 5.2% from 2Q 2025). Net income: JP¥5.61b (down 21% from 2Q 2025). Profit margin: 17% (down from 23% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Semiconductor industry in Japan. 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 49% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Sep 26
Now 21% undervalued Over the last 90 days, the stock has risen 5.8% to JP¥2,182. The fair value is estimated to be JP¥2,770, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 9.8% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,082, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,755 per share. New Risk • Jul 13
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: 16% Last year net profit margin: 23% 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin). Reported Earnings • Jul 13
First quarter 2026 earnings released: EPS: JP¥29.90 (vs JP¥49.82 in 1Q 2025) First quarter 2026 results: EPS: JP¥29.90 (down from JP¥49.82 in 1Q 2025). Revenue: JP¥33.1b (up 13% from 1Q 2025). Net income: JP¥5.26b (down 40% from 1Q 2025). Profit margin: 16% (down from 30% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 11
Rorze Corporation to Report Q2, 2026 Results on Oct 10, 2025 Rorze Corporation announced that they will report Q2, 2026 results on Oct 10, 2025 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,874, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 105% over the past three years. Reported Earnings • Jun 04
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥134 (up from JP¥111 in FY 2024). Revenue: JP¥124.4b (up 33% from FY 2024). Net income: JP¥23.6b (up 21% from FY 2024). Profit margin: 19% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Price Target Changed • May 18
Price target decreased by 7.5% to JP¥2,867 Down from JP¥3,100, the current price target is an average from 3 analysts. New target price is 79% above last closing price of JP¥1,606. Stock is down 52% over the past year. The company is forecast to post earnings per share of JP¥134 for next year compared to JP¥134 last year. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,700, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 58% over the past three years. Announcement • Apr 29
Rorze Corporation to Report Q1, 2026 Results on Jul 11, 2025 Rorze Corporation announced that they will report Q1, 2026 results on Jul 11, 2025 Announcement • Apr 13
Rorze Corporation (TSE:6323) announces an Equity Buyback for 5,300,000 shares, representing 3.01% for ¥5,000 million. Rorze Corporation (TSE:6323) announces a share repurchase program. Under the program, the company will repurchase up to 5,300,000 shares, representing 3.01% of its issued share capital (excluding treasury stock), for ¥5,000 million. The purpose of the program is to carry out flexible capital policy. The program will run until July 31, 2025. As of February 28, 2025, the company had 176,365,140 shares in issue (excluding treasury stock) and 34,860 shares in treasury. Reported Earnings • Apr 12
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥134 (up from JP¥111 in FY 2024). Revenue: JP¥124.4b (up 33% from FY 2024). Net income: JP¥23.6b (up 21% from FY 2024). Profit margin: 19% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥1,197, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 14% over the past three years. New Risk • Mar 31
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 7.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,940, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,758 per share. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 10.0% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%). Announcement • Feb 03
Rorze Corporation to Report Fiscal Year 2025 Results on Apr 11, 2025 Rorze Corporation announced that they will report fiscal year 2025 results on Apr 11, 2025 Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,804, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,914 per share. Reported Earnings • Jan 12
Third quarter 2025 earnings released: EPS: JP¥21.88 (vs JP¥32.08 in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.88 (down from JP¥32.08 in 3Q 2024). Revenue: JP¥29.0b (up 20% from 3Q 2024). Net income: JP¥3.86b (down 32% from 3Q 2024). Profit margin: 13% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,842, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 47% over the past three years. Announcement • Nov 12
Rorze Corporation to Report Q3, 2025 Results on Jan 10, 2025 Rorze Corporation announced that they will report Q3, 2025 results on Jan 10, 2025 Reported Earnings • Oct 16
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: JP¥30.9b (up 27% from 2Q 2024). Net income: JP¥7.08b (up 13% from 2Q 2024). Profit margin: 23% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Declared Dividend • Oct 14
Dividend of JP¥16.00 announced Shareholders will receive a dividend of JP¥16.00. Ex-date: 27th February 2025 Payment date: 2nd June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 2%. Price Target Changed • Aug 29
Price target decreased by 11% to JP¥32,333 Down from JP¥36,333, the current price target is an average from 3 analysts. New target price is 1,343% above last closing price of JP¥2,241. Stock is down 81% over the past year. The company is forecast to post earnings per share of JP¥1,416 for next year compared to JP¥1,111 last year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to JP¥16,280, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,483 per share. Announcement • Jul 27
Rorze Corporation to Report Q2, 2025 Results on Oct 11, 2024 Rorze Corporation announced that they will report Q2, 2025 results on Oct 11, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥26,410, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,131 per share. Reported Earnings • Jul 13
First quarter 2025 earnings released: EPS: JP¥498 (vs JP¥202 in 1Q 2024) First quarter 2025 results: EPS: JP¥498 (up from JP¥202 in 1Q 2024). Revenue: JP¥29.3b (up 76% from 1Q 2024). Net income: JP¥8.77b (up 147% from 1Q 2024). Profit margin: 30% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 06
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥1,111 (down from JP¥1,237 in FY 2023). Revenue: JP¥93.2b (down 1.3% from FY 2023). Net income: JP¥19.6b (down 8.5% from FY 2023). Profit margin: 21% (down from 23% in FY 2023). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Rorze Corporation to Report Q1, 2025 Results on Jul 11, 2024 Rorze Corporation announced that they will report Q1, 2025 results on Jul 11, 2024 Major Estimate Revision • Apr 18
Consensus revenue estimates increase by 21% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥101.9b to JP¥123.4b. EPS estimate increased from JP¥1,111 to JP¥1,344 per share. Net income forecast to grow 21% next year vs 18% growth forecast for Semiconductor industry in Japan. Consensus price target up from JP¥18,400 to JP¥21,650. Share price rose 28% to JP¥27,870 over the past week. Price Target Changed • Apr 14
Price target increased by 12% to JP¥20,650 Up from JP¥18,400, the current price target is an average from 4 analysts. New target price is 23% below last closing price of JP¥26,830. Stock is up 186% over the past year. The company is forecast to post earnings per share of JP¥1,162 for next year compared to JP¥1,111 last year. New Risk • Apr 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 9.2% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 12
Rorze Corporation (TSE:6323) announces an Equity Buyback for 15,000 shares, representing 0.09% for ¥500 million. Rorze Corporation (TSE:6323) announces a share repurchase program. Under the program, the company will repurchase up to 15,000 shares, representing 0.09% of its issued share capital (excluding treasury stock), for ¥500 million. The purpose of the program is to carry out flexible capital policy. The program will run until May 10, 2024. As of February 29, 2024, the company had 17,620,209 shares in issue (excluding treasury stock) and 19,791 shares in treasury. Announcement • Apr 11
Rorze Corporation, Annual General Meeting, May 30, 2024 Rorze Corporation, Annual General Meeting, May 30, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥135 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (0.9%). Price Target Changed • Feb 02
Price target increased by 7.8% to JP¥17,250 Up from JP¥16,000, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥17,730. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥1,049 for next year compared to JP¥1,237 last year. Announcement • Jan 31
Rorze Corporation to Report Fiscal Year 2024 Results on Apr 11, 2024 Rorze Corporation announced that they will report fiscal year 2024 results on Apr 11, 2024