Mitsui High-tec Future Growth

Future criteria checks 4/6

Mitsui High-tec is forecast to grow earnings and revenue by 21.9% and 16.1% per annum respectively. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 18% in 3 years.

Key information

21.9%

Earnings growth rate

16.7%

EPS growth rate

Semiconductor earnings growth	19.5%
Revenue growth rate	16.1%
Future return on equity	18.0%
Analyst coverage	Low
Last updated	28 Mar 2024

Recent future growth updates

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mar 14

Recent updates

Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet

Apr 01

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mar 14

Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce

Mar 06

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Feb 26

Earnings and Revenue Growth Forecasts

TSE:6966 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	315,382	26,197	N/A	N/A	3
1/31/2026	273,883	20,380	N/A	N/A	5
1/31/2025	236,685	15,810	N/A	N/A	3
1/31/2024	195,881	15,545	-4,781	31,676	N/A
10/31/2023	187,771	12,391	N/A	N/A	N/A
7/31/2023	182,768	14,251	4,300	30,219	N/A
4/30/2023	177,094	13,952	N/A	N/A	N/A
1/31/2023	174,615	17,581	105	22,082	N/A
10/31/2022	171,661	21,362	N/A	N/A	N/A
7/31/2022	160,662	18,306	3,617	19,879	N/A
4/30/2022	151,170	16,555	N/A	N/A	N/A
1/31/2022	139,429	11,778	-166	18,129	N/A
10/31/2021	126,540	8,482	N/A	N/A	N/A
7/31/2021	117,538	6,571	-2,766	11,971	N/A
4/30/2021	106,707	4,581	N/A	N/A	N/A
1/31/2021	97,351	2,592	-3,547	8,957	N/A
10/31/2020	92,006	1,174	N/A	N/A	N/A
7/31/2020	88,726	138	-7,716	6,747	N/A
4/30/2020	88,071	-233	N/A	N/A	N/A
1/31/2020	86,970	-624	-3,670	6,453	N/A
10/31/2019	84,280	-998	N/A	N/A	N/A
7/31/2019	82,844	-738	-6,807	7,051	N/A
4/30/2019	82,182	-358	N/A	N/A	N/A
1/31/2019	81,985	302	-8,691	7,238	N/A
10/31/2018	82,744	747	N/A	N/A	N/A
7/31/2018	82,198	1,070	-5,567	5,580	N/A
4/30/2018	80,565	1,317	N/A	N/A	N/A
1/31/2018	78,727	1,906	-5,384	4,899	N/A
10/31/2017	75,180	2,777	N/A	N/A	N/A
7/31/2017	71,597	2,824	N/A	3,803	N/A
4/30/2017	67,943	2,370	N/A	N/A	N/A
1/31/2017	65,346	1,849	N/A	5,029	N/A
10/31/2016	64,053	1,480	N/A	N/A	N/A
7/31/2016	62,989	1,184	N/A	6,770	N/A
4/30/2016	63,810	1,710	N/A	N/A	N/A
1/31/2016	64,104	1,817	N/A	6,047	N/A
10/31/2015	64,849	1,867	N/A	N/A	N/A
7/31/2015	66,266	2,634	N/A	7,196	N/A
4/30/2015	65,948	2,480	N/A	N/A	N/A
1/31/2015	65,494	2,553	N/A	6,542	N/A
10/31/2014	64,571	2,920	N/A	N/A	N/A
7/31/2014	62,854	2,490	N/A	5,697	N/A
4/30/2014	62,128	2,664	N/A	N/A	N/A
1/31/2014	60,630	2,827	N/A	6,508	N/A
10/31/2013	57,990	3,236	N/A	N/A	N/A
7/31/2013	56,268	3,019	N/A	6,995	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6966's forecast earnings growth (21.9% per year) is above the savings rate (0.2%).

Earnings vs Market: 6966's earnings (21.9% per year) are forecast to grow faster than the JP market (9.4% per year).

High Growth Earnings: 6966's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6966's revenue (16.1% per year) is forecast to grow faster than the JP market (4.4% per year).

High Growth Revenue: 6966's revenue (16.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6966's Return on Equity is forecast to be low in 3 years time (18%).

Mitsui High-tec Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Price target decreased by 12% to JP¥10,100

Price target increased by 9.1% to JP¥11,700

Price target increased by 10% to JP¥10,725

Price target increased by 12% to JP¥9,500

Price target decreased to JP¥10,433

Recent updates

Mitsui High-tec, Inc. to Report Q1, 2025 Results on Jun 14, 2024

Mitsui High-tec (TSE:6966) Has A Somewhat Strained Balance Sheet

Mitsui High-tec, Inc. Just Beat EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mitsui High-tec, Inc., Annual General Meeting, Apr 19, 2024

New minor risk - Share price stability

Full year 2024 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 16%

Mitsui High-tec, Inc.'s (TSE:6966) P/E Is Still On The Mark Following 35% Share Price Bounce

Mitsui High-tec (TSE:6966) Shareholders Will Want The ROCE Trajectory To Continue

Upcoming dividend of JP¥48.00 per share at 1.0% yield

Mitsui High-tec, Inc. to Report Fiscal Year 2024 Results on Mar 12, 2024

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 12% to JP¥10,100

Mitsui High-tec, Inc. to Report Q3, 2024 Results on Dec 13, 2023

Second quarter 2024 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 22%

Price target increased by 9.1% to JP¥11,700

Upcoming dividend of JP¥24.00 per share at 0.8% yield

Price target increased by 10% to JP¥10,725

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased by 12% to JP¥9,500

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of JP¥44.00 per share

Price target decreased to JP¥10,433

Mitsui High-tec, Inc. to Report Fiscal Year 2023 Results on Mar 14, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Now 21% undervalued after recent price drop

Mitsui High-tec, Inc. to Report Q3, 2023 Results on Dec 09, 2022

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of JP¥21.00 per share

Mitsui High-tec, Inc. to Report Q2, 2023 Results on Sep 13, 2022

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased to JP¥11,833

Consensus EPS estimates increase by 14%

Less than half of directors are independent

Mitsui High-tec, Inc. to Report Q1, 2023 Results on Jun 10, 2022

Mitsui High-tec, Inc., Annual General Meeting, Apr 22, 2022

Consensus EPS estimates increase by 11%

Consensus EPS estimates increase by 12%

Price target increased to JP¥10,167

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of JP¥55.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS JP¥66.86 (vs JP¥12.42 in 2Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of JP¥9.00 per share

Investor sentiment improved over the past week

Price target increased to JP¥5,767

First quarter 2022 earnings released: EPS JP¥56.49 (vs JP¥2.08 in 1Q 2021)

Consensus EPS estimates increase to JP¥131

Full year 2021 earnings released

Consensus forecasts updated

Investor sentiment improved over the past week

Mitsui High-tec, Inc., Annual General Meeting, Apr 23, 2021

Full year 2021 earnings released: EPS JP¥70.91 (vs JP¥16.84 loss in FY 2020)

Upcoming Dividend of JP¥9.00 Per Share

Mitsui High-tec, Inc. to Report Fiscal Year 2021 Results on Mar 15, 2021

New 90-day high: JP¥4,130

Price target raised to JP¥3,500