Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥102 (vs JP¥112 in FY 2025) Full year 2026 results: EPS: JP¥102 (down from JP¥112 in FY 2025). Revenue: JP¥18.2b (flat on FY 2025). Net income: JP¥1.14b (down 12% from FY 2025). Profit margin: 6.3% (down from 7.2% in FY 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 13
HIMACS, Ltd., Annual General Meeting, Jun 19, 2026 HIMACS, Ltd., Annual General Meeting, Jun 19, 2026. Announcement • May 09
HIMACS, Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 HIMACS, Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥27.15 (vs JP¥30.19 in 3Q 2025) Third quarter 2026 results: EPS: JP¥27.15 (down from JP¥30.19 in 3Q 2025). Revenue: JP¥4.52b (flat on 3Q 2025). Net income: JP¥306.0m (down 13% from 3Q 2025). Profit margin: 6.8% (down from 7.8% in 3Q 2025). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Declared Dividend • Dec 06
First half dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Dec 05
Now 21% undervalued Over the last 90 days, the stock has risen 2.1% to JP¥1,242. The fair value is estimated to be JP¥1,571, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Dec 03
HIMACS, Ltd. to Report Q3, 2026 Results on Jan 30, 2026 HIMACS, Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Announcement • Dec 02
HIMACS, Ltd. (TSE:4299) announces an Equity Buyback for 1,200,000 shares, representing 10.32% for ¥1,447.2 million. HIMACS, Ltd. (TSE:4299) announces a share repurchase program. Under the program, the company will repurchase 1,200,000 shares, representing 10.32% of its share capital, for ¥1,447.2 million. The shares will be repurchased at a price of ¥1,206 per share. The company will repurchase its shares in order to improve capital efficiency and enhance shareholder returns. The plan is valid till December 3, 2025. As of September 30, 2025, the company had 11,622,833 shares outstanding (excluding treasury shares) and 790,159 shares in treasury. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥26.77 (vs JP¥29.95 in 2Q 2025) Second quarter 2026 results: EPS: JP¥26.77 (down from JP¥29.95 in 2Q 2025). Revenue: JP¥4.50b (flat on 2Q 2025). Net income: JP¥311.0m (down 10% from 2Q 2025). Profit margin: 6.9% (down from 7.7% in 2Q 2025). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Announcement • Sep 17
HIMACS, Ltd. to Report Q2, 2026 Results on Oct 31, 2025 HIMACS, Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥13.89 (vs JP¥17.90 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.89 (down from JP¥17.90 in 1Q 2025). Revenue: JP¥4.45b (up 2.9% from 1Q 2025). Net income: JP¥161.0m (down 22% from 1Q 2025). Profit margin: 3.6% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Declared Dividend • Jul 09
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥112 (vs JP¥102 in FY 2024) Full year 2025 results: EPS: JP¥112 (up from JP¥102 in FY 2024). Revenue: JP¥18.1b (up 4.1% from FY 2024). Net income: JP¥1.29b (up 9.2% from FY 2024). Profit margin: 7.2% (up from 6.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Announcement • Jun 04
HIMACS, Ltd. to Report Q1, 2026 Results on Jul 31, 2025 HIMACS, Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥112 (vs JP¥102 in FY 2024) Full year 2025 results: EPS: JP¥112 (up from JP¥102 in FY 2024). Revenue: JP¥18.1b (up 4.1% from FY 2024). Net income: JP¥1.29b (up 9.2% from FY 2024). Profit margin: 7.2% (up from 6.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Announcement • May 13
HIMACS, Ltd., Annual General Meeting, Jun 20, 2025 HIMACS, Ltd., Annual General Meeting, Jun 20, 2025. Announcement • Mar 28
HIMACS, Ltd. YOKOHAMA Ordinary Shares to Be Deleted from OTC Equity HIMACS, Ltd. YOKOHAMA Ordinary Shares will be deleted from OTC Equity effective March 28, 2025, due to Inactive Security. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.4%). Announcement • Mar 06
HIMACS, Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 HIMACS, Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥30.19 (vs JP¥29.17 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.19 (up from JP¥29.17 in 3Q 2024). Revenue: JP¥4.51b (up 4.0% from 3Q 2024). Net income: JP¥350.0m (up 3.2% from 3Q 2024). Profit margin: 7.8% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Jan 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Announcement • Dec 07
HIMACS, Ltd. to Report Q3, 2025 Results on Jan 31, 2025 HIMACS, Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 06
First half dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥29.95 (vs JP¥24.54 in 2Q 2024) Second quarter 2025 results: EPS: JP¥29.95 (up from JP¥24.54 in 2Q 2024). Revenue: JP¥4.49b (up 3.6% from 2Q 2024). Net income: JP¥347.0m (up 21% from 2Q 2024). Profit margin: 7.7% (up from 6.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Announcement • Oct 02
HIMACS, Ltd. to Report Q2, 2025 Results on Oct 31, 2024 HIMACS, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). New Risk • Aug 05
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 6.7% 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 (6.7% average weekly change). Market cap is less than US$100m (JP¥12.0b market cap, or US$84.4m). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥17.90 (vs JP¥16.85 in 1Q 2024) First quarter 2025 results: EPS: JP¥17.90 (up from JP¥16.85 in 1Q 2024). Revenue: JP¥4.33b (flat on 1Q 2024). Net income: JP¥207.0m (up 5.6% from 1Q 2024). Profit margin: 4.8% (up from 4.5% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Declared Dividend • Jul 11
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 04
HIMACS, Ltd. to Report Q1, 2025 Results on Jul 31, 2024 HIMACS, Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • Jun 29
Full year 2024 earnings released: EPS: JP¥102 (vs JP¥111 in FY 2023) Full year 2024 results: EPS: JP¥102 (down from JP¥111 in FY 2023). Revenue: JP¥17.4b (flat on FY 2023). Net income: JP¥1.18b (down 8.5% from FY 2023). Profit margin: 6.8% (down from 7.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥102 (vs JP¥111 in FY 2023) Full year 2024 results: EPS: JP¥102 (down from JP¥111 in FY 2023). Revenue: JP¥17.4b (flat on FY 2023). Net income: JP¥1.18b (down 8.5% from FY 2023). Profit margin: 6.8% (down from 7.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. 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: 19 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 02
HIMACS, Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 HIMACS, Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥29.17 (vs JP¥28.79 in 3Q 2023) Third quarter 2024 results: EPS: JP¥29.17 (up from JP¥28.79 in 3Q 2023). Revenue: JP¥4.34b (up 2.5% from 3Q 2023). Net income: JP¥339.0m (up 1.2% from 3Q 2023). Profit margin: 7.8% (down from 7.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Dec 06
HIMACS, Ltd. to Report Q3, 2024 Results on Jan 31, 2024 HIMACS, Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Announcement • Nov 21
HIMACS, Ltd. (TSE:4299) announces an Equity Buyback for 100,000 shares, representing 0.86% for ¥137.9 million. HIMACS, Ltd. (TSE:4299) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 0.86% of its share capital, at ¥1,379 per share for ¥137.9 million. The company will repurchase its shares in order to improve capital efficiency and enable flexible capital policy that responds flexibly to changes in the business environment. The plan is valid till November 21, 2023. As of September 30, 2023, the company had 11,659,618 shares outstanding (excluding treasury shares) and 753,374 shares in treasury. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥24.54 (vs JP¥27.60 in 2Q 2023) Second quarter 2024 results: EPS: JP¥24.54 (down from JP¥27.60 in 2Q 2023). Revenue: JP¥4.33b (flat on 2Q 2023). Net income: JP¥286.0m (down 11% from 2Q 2023). Profit margin: 6.6% (down from 7.4% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥21.50 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Announcement • Sep 02
HIMACS, Ltd. to Report Q2, 2024 Results on Oct 31, 2023 HIMACS, Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Announcement • Jul 31
HIMACS, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Fiscal Year Ending March 31, 2024 HIMACS, Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and full fiscal year ending March 31, 2024. For the six months, the company expects net sales of JPY 8,840 million, operating profit of JPY 660 million, profit attributable to owners of parent of JPY 455 million and earnings per share of JPY 39.07For the year, the company expects net sales of JPY 18,150 million, operating profit of JPY 1,680 million, profit attributable to owners of parent of JPY 1,150 million and earnings per share of JPY 98.69. Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥16.85 (vs JP¥23.77 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.85 (down from JP¥23.77 in 1Q 2023). Revenue: JP¥4.34b (down 2.3% from 1Q 2023). Net income: JP¥196.0m (down 29% from 1Q 2023). Profit margin: 4.5% (down from 6.2% in 1Q 2023). 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 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 21
Full year 2023 earnings released: EPS: JP¥111 (vs JP¥105 in FY 2022) Full year 2023 results: EPS: JP¥111 (up from JP¥105 in FY 2022). Revenue: JP¥17.3b (up 3.9% from FY 2022). Net income: JP¥1.29b (up 6.7% from FY 2022). Profit margin: 7.5% (up from 7.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year. Announcement • May 31
HIMACS, Ltd. to Report Q1, 2024 Results on Jul 28, 2023 HIMACS, Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥111 (vs JP¥105 in FY 2022) Full year 2023 results: EPS: JP¥111 (up from JP¥105 in FY 2022). Revenue: JP¥17.3b (up 3.9% from FY 2022). Net income: JP¥1.29b (up 6.7% from FY 2022). Profit margin: 7.5% (up from 7.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Announcement • May 15
HIMACS, Ltd., Annual General Meeting, Jun 16, 2023 HIMACS, Ltd., Annual General Meeting, Jun 16, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Buying Opportunity • Mar 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be JP¥1,732, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥28.79 (vs JP¥32.90 in 3Q 2022) Third quarter 2023 results: EPS: JP¥28.79 (down from JP¥32.90 in 3Q 2022). Revenue: JP¥4.23b (down 1.5% from 3Q 2022). Net income: JP¥335.0m (down 12% from 3Q 2022). Profit margin: 7.9% (down from 8.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Announcement • Dec 28
HIMACS, Ltd. to Report Q3, 2023 Results on Jan 31, 2023 HIMACS, Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
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. 4 non-independent directors. Independent Outside Director Susumu Nishimoto 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 • Nov 01
HIMACS, Ltd. Announces Second Quarter-End Dividend for the Six Months Ended September 30, 2022, Payable on December 2, 2022 HIMACS,Ltd. announced a second quarter-end dividend for the six months ended September 30, 2022. The company announced a second quarter-end dividend of JPY 21.00 per share for the six months ended September 30, 2022. The scheduled date to commence dividend payments is December 2, 2022. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥27.60 (vs JP¥26.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.60 (up from JP¥26.64 in 2Q 2022). Revenue: JP¥4.36b (up 5.7% from 2Q 2022). Net income: JP¥321.0m (up 3.9% from 2Q 2022). Profit margin: 7.4% (down from 7.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Buying Opportunity • Aug 01
Now 24% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,851, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥23.77 (vs JP¥17.13 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.77 (up from JP¥17.13 in 1Q 2022). Revenue: JP¥4.44b (up 17% from 1Q 2022). Net income: JP¥276.0m (up 39% from 1Q 2022). Profit margin: 6.2% (up from 5.2% 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 23% per year whereas the company’s share price has increased by 26% per year. Announcement • Jul 03
HIMACS, Ltd. to Report Q1, 2023 Results on Jul 29, 2022 HIMACS, Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • Jun 23
Full year 2022 earnings released: EPS: JP¥105 (vs JP¥79.03 in FY 2021) Full year 2022 results: EPS: JP¥105 (up from JP¥79.03 in FY 2021). Revenue: JP¥16.7b (up 8.1% from FY 2021). Net income: JP¥1.21b (up 30% from FY 2021). Profit margin: 7.3% (up from 6.1% 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 20% per year and the company’s share price has also increased by 20% per year. Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥105 (vs JP¥79.03 in FY 2021) Full year 2022 results: EPS: JP¥105 (up from JP¥79.03 in FY 2021). Revenue: JP¥16.7b (up 8.1% from FY 2021). Net income: JP¥1.21b (up 30% from FY 2021). Profit margin: 7.3% (up from 6.1% 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 20% per year whereas the company’s share price has increased by 18% per year. Announcement • May 15
HIMACS, Ltd., Annual General Meeting, Jun 17, 2022 HIMACS, Ltd., Annual General Meeting, Jun 17, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Susumu Nishimoto 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. Lack of board continuity. Announcement • Apr 07
HIMACS, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 HIMACS, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥32.90 (up from JP¥21.04 in 3Q 2021). Revenue: JP¥4.30b (up 12% from 3Q 2021). Net income: JP¥382.0m (up 56% from 3Q 2021). Profit margin: 8.9% (up from 6.4% 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 17% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS JP¥26.64 (vs JP¥21.13 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.12b (up 8.3% from 2Q 2021). Net income: JP¥309.0m (up 25% from 2Q 2021). Profit margin: 7.5% (up from 6.5% in 2Q 2021). 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 whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥17.13 (vs JP¥16.67 in 1Q 2021) The company reported a solid first quarter result with improved earnings, although revenues and profit margins were flat. First quarter 2022 results: Revenue: JP¥3.78b (flat on 1Q 2021). Net income: JP¥198.0m (up 1.5% from 1Q 2021). Profit margin: 5.2% (in line with 1Q 2021). 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 12% per year. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS JP¥94.84 (vs JP¥59.43 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥15.4b (flat on FY 2020). Net income: JP¥937.0m (up 35% from FY 2020). Profit margin: 6.1% (up from 4.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.