Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: JP¥11.24 (vs JP¥3.66 in 1Q 2026) First quarter 2027 results: EPS: JP¥11.24 (up from JP¥3.66 in 1Q 2026). Revenue: JP¥6.99b (up 15% from 1Q 2026). Net income: JP¥210.0m (up 209% from 1Q 2026). Profit margin: 3.0% (up from 1.1% in 1Q 2026). 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 but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 25
Final dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (78% cash payout ratio). The dividend has increased by an average of 20% 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. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years. Announcement • Jun 01
Takachiho Koheki Co.,Ltd. to Report Q1, 2027 Results on Aug 05, 2026 Takachiho Koheki Co.,Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥75.85 (vs JP¥79.09 in FY 2025) Full year 2026 results: EPS: JP¥75.85 (down from JP¥79.09 in FY 2025). Revenue: JP¥29.5b (up 5.0% from FY 2025). Net income: JP¥1.42b (down 2.9% from FY 2025). Profit margin: 4.8% (down from 5.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 12
Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 23, 2026 Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 09
Takachiho Koheki Co.,Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Takachiho Koheki Co.,Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥20.34 (vs JP¥25.65 in 3Q 2025) Third quarter 2026 results: EPS: JP¥20.34 (down from JP¥25.65 in 3Q 2025). Revenue: JP¥7.25b (up 14% from 3Q 2025). Net income: JP¥380.0m (down 20% from 3Q 2025). Profit margin: 5.2% (down from 7.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 06
First half dividend of JP¥46.00 announced Shareholders will receive a dividend of JP¥46.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has increased by an average of 21% 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. The company's earnings per share (EPS) would need to grow by 9.2% to bring the payout ratio under control, which is less than the 23% EPS growth achieved over the last 5 years. Announcement • Nov 29
Takachiho Koheki Co.,Ltd. to Report Q3, 2026 Results on Feb 04, 2026 Takachiho Koheki Co.,Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: JP¥34.77 (vs JP¥7.41 in 2Q 2025) Second quarter 2026 results: EPS: JP¥34.77 (up from JP¥7.41 in 2Q 2025). Revenue: JP¥7.40b (up 7.4% from 2Q 2025). Net income: JP¥649.0m (up 377% from 2Q 2025). Profit margin: 8.8% (up from 2.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 01
Takachiho Koheki Co.,Ltd. to Report Q2, 2026 Results on Nov 05, 2025 Takachiho Koheki Co.,Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥3.66 (vs JP¥25.19 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.66 (down from JP¥25.19 in 1Q 2025). Revenue: JP¥6.07b (down 5.5% from 1Q 2025). Net income: JP¥68.0m (down 85% from 1Q 2025). Profit margin: 1.1% (down from 7.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥34.50 announced Shareholders will receive a dividend of JP¥34.50. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (51% cash payout ratio). The dividend has increased by an average of 21% 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. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control, which is less than the 49% EPS growth achieved over the last 5 years. Announcement • May 31
Takachiho Koheki Co.,Ltd. to Report Q1, 2026 Results on Aug 05, 2025 Takachiho Koheki Co.,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥158 (vs JP¥158 in FY 2024) Full year 2025 results: EPS: JP¥158. Revenue: JP¥28.1b (up 11% from FY 2024). Net income: JP¥1.46b (up 1.5% from FY 2024). Profit margin: 5.2% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 13
Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 26, 2025 Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 26, 2025. Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to JP¥3,225. The fair value is estimated to be JP¥4,083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 14%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥102 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits and is paying out 81% of its cash flow. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 03
Takachiho Koheki Co.,Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Takachiho Koheki Co.,Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥51.29 (vs JP¥33.50 in 3Q 2024) Third quarter 2025 results: EPS: JP¥51.29 (up from JP¥33.50 in 3Q 2024). Revenue: JP¥6.33b (up 1.7% from 3Q 2024). Net income: JP¥477.0m (up 57% from 3Q 2024). Profit margin: 7.5% (up from 4.9% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 20
Takachiho Koheki Co.,Ltd. Appoints Hirofumi Inomata as Representative Director, Effective from January 1, 2025 Takachiho Koheki Co.,Ltd. announced that it has resolved, at a meeting of the Board of Directors held on December 20, 2024, announced of newly appointed Hirofumi Inomata as Representative Director, effective from January 1, 2025. Declared Dividend • Dec 06
First half dividend of JP¥102 announced Shareholders will receive a dividend of JP¥102. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased by an average of 21% 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. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control, which is more than the 16% EPS growth achieved over the last 5 years. Announcement • Dec 02
Takachiho Koheki Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025 Takachiho Koheki Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025 New Risk • Nov 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥14.81 (vs JP¥35.72 in 2Q 2024) Second quarter 2025 results: EPS: JP¥14.81 (down from JP¥35.72 in 2Q 2024). Revenue: JP¥6.89b (up 3.7% from 2Q 2024). Net income: JP¥136.0m (down 58% from 2Q 2024). Profit margin: 2.0% (down from 4.9% in 2Q 2024). 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 46% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.0% to JP¥4,340. The fair value is estimated to be JP¥3,584, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 22%. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥58.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio and cash payout ratio are on the higher end at 95% and 96% respectively. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Announcement • Aug 27
Takachiho Koheki Co.,Ltd. to Report Q2, 2025 Results on Nov 05, 2024 Takachiho Koheki Co.,Ltd. announced that they will report Q2, 2025 results on Nov 05, 2024 Reported Earnings • Aug 05
First quarter 2025 earnings released: EPS: JP¥50.39 (vs JP¥43.34 in 1Q 2024) First quarter 2025 results: EPS: JP¥50.39 (up from JP¥43.34 in 1Q 2024). Revenue: JP¥6.42b (up 5.6% from 1Q 2024). Net income: JP¥458.0m (up 17% from 1Q 2024). Profit margin: 7.1% (up from 6.5% 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 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥58.00 announced Shareholders will receive a dividend of JP¥58.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 21% 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. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control, which is less than the 24% EPS growth achieved over the last 5 years. Announcement • Jun 02
Takachiho Koheki Co.,Ltd. to Report Q1, 2025 Results on Aug 02, 2024 Takachiho Koheki Co.,Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥158 (vs JP¥135 in FY 2023) Full year 2024 results: EPS: JP¥158 (up from JP¥135 in FY 2023). Revenue: JP¥25.2b (up 8.0% from FY 2023). Net income: JP¥1.44b (up 19% from FY 2023). Profit margin: 5.7% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 12
Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 26, 2024 Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥84.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 02
Takachiho Koheki Co.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Takachiho Koheki Co.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥33.50 (vs JP¥18.54 in 3Q 2023) Third quarter 2024 results: EPS: JP¥33.50 (up from JP¥18.54 in 3Q 2023). Revenue: JP¥6.23b (up 7.1% from 3Q 2023). Net income: JP¥304.0m (up 83% from 3Q 2023). Profit margin: 4.9% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 26
Takachiho Koheki Co.,Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Takachiho Koheki Co.,Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥35.72 (vs JP¥38.01 in 2Q 2023) Second quarter 2024 results: EPS: JP¥35.72 (down from JP¥38.01 in 2Q 2023). Revenue: JP¥6.65b (up 8.2% from 2Q 2023). Net income: JP¥324.0m (down 4.7% from 2Q 2023). Profit margin: 4.9% (down from 5.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year whereas the company’s share price has increased by 47% per year. Announcement • Oct 28
Takachiho Koheki Co.,Ltd. Revises Earnings Guidance for the First Half Ended September 30, 2023 Takachiho Koheki Co.,Ltd. revised earnings guidance for the first half ended September 30, 2023. For the year, the company expects net sales of JPY 12,700 million compared to JPY 12,100 million, Operating profit of JPY 710 million compared to previous forecasts of JPY 710 million, Profit attributable to owners of parent of JPY 710 million compared to previous forecasts of JPY 480 million and Basic earnings per share of JPY 78.29 compared to previous forecasts of JPY 52.94. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥53.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Announcement • Aug 27
Takachiho Koheki Co.,Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Takachiho Koheki Co.,Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥43.34 (vs JP¥35.48 in 1Q 2023) First quarter 2024 results: EPS: JP¥43.34 (up from JP¥35.48 in 1Q 2023). Revenue: JP¥6.08b (up 22% from 1Q 2023). Net income: JP¥393.0m (up 24% from 1Q 2023). Profit margin: 6.5% (up from 6.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Announcement • May 28
Takachiho Koheki Co.,Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Takachiho Koheki Co.,Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥135 (vs JP¥98.56 in FY 2022) Full year 2023 results: EPS: JP¥135 (up from JP¥98.56 in FY 2022). Revenue: JP¥23.4b (up 12% from FY 2022). Net income: JP¥1.21b (up 37% from FY 2022). Profit margin: 5.2% (up from 4.2% 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 69% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 28, 2023 Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥92.00 per share at 4.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥18.54 (vs JP¥21.67 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.54 (down from JP¥21.67 in 3Q 2022). Revenue: JP¥5.82b (up 12% from 3Q 2022). Net income: JP¥166.0m (down 14% from 3Q 2022). Profit margin: 2.9% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Dec 24
Takachiho Koheki Co.,Ltd. Announces Dividend for Second Quarter and Provides Dividend Guidance for the Final Year 2022 Takachiho Koheki Co.,Ltd. announced dividend of JPY 24 per share for second quarter of fiscal year 2022For the full year end 2022 company provides dividend guidance of JPY 92 per share. Announcement • Dec 23
Takachiho Koheki Co.,Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023 Takachiho Koheki Co.,Ltd. revised earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected net sales of JPY 23,000 million compared to previous forecast of JPY 22,500 million, Operating income of JPY 1,350 million compared to previous forecast of JPY 1,300 million, Net income attributable to the shareholders of JPY 1,040 million compared to previous forecast of JPY 920 million or Net income per share of JPY 116.33 compared to previous forecast of JPY 102.98. Announcement • Nov 27
Takachiho Koheki Co.,Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Takachiho Koheki Co.,Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Corporate Auditor Akira Chiba was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥38.01 (vs JP¥32.00 in 2Q 2022) Second quarter 2023 results: EPS: JP¥38.01 (up from JP¥32.00 in 2Q 2022). Revenue: JP¥6.14b (up 19% from 2Q 2022). Net income: JP¥340.0m (up 19% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Aug 31
Takachiho Koheki Co.,Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Takachiho Koheki Co.,Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥35.48 (vs JP¥5.50 in 1Q 2022) First quarter 2023 results: EPS: JP¥35.48 (up from JP¥5.50 in 1Q 2022). Revenue: JP¥4.97b (up 13% from 1Q 2022). Net income: JP¥317.0m (up JP¥268.0m from 1Q 2022). Profit margin: 6.4% (up from 1.1% 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 37% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • May 29
Takachiho Koheki Co.,Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Takachiho Koheki Co.,Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Announcement • May 18
Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 28, 2022 Takachiho Koheki Co.,Ltd., Annual General Meeting, Jun 28, 2022. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥98.56 (vs JP¥61.53 in FY 2021) Full year 2022 results: EPS: JP¥98.56 (up from JP¥61.53 in FY 2021). Revenue: JP¥20.8b (flat on FY 2021). Net income: JP¥878.0m (up 60% from FY 2021). Profit margin: 4.2% (up from 2.7% in FY 2021). 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 19% per year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Corporate Auditor Akira Chiba was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Takachiho Koheki Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Takachiho Koheki Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥21.67 (up from JP¥10.56 in 3Q 2021). Revenue: JP¥5.20b (flat on 3Q 2021). Net income: JP¥193.0m (up 105% from 3Q 2021). Profit margin: 3.7% (up from 1.8% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year. Announcement • Feb 08
Takachiho Koheki Co.,Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 2022 and March 2025 Takachiho Koheki Co.,Ltd. provided earnings guidance for the fiscal year ending March 2022 and March 2025. For the year 2022, the company expects net sales to be JPY 21,700 million, ordinary income to be JPY 1,100 million and net income to be JPY 770 million.For the year 2025, the company expects net sales to be JPY 26,000 million, ordinary income to be JPY 2,000 million and net income to be JPY 1,400 million. Announcement • Dec 12
Takachiho Koheki Co.,Ltd. Provides Consolidated Earnings Forecast for the Year Ending March 31, 2022 Takachiho Koheki Co.,Ltd. provides Consolidated earnings forecast for the year ending March 31, 2022. The company forecast net sales of ¥21,700 million. operating income of ¥1,130 million. ordinary income of ¥1,100 million. net income attributable to the shareholders of the parent company of ¥770 million. net income per share of ¥86.46. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥32.00 (vs JP¥8.98 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥5.18b (up 2.3% from 2Q 2021). Net income: JP¥285.0m (up 256% from 2Q 2021). Profit margin: 5.5% (up from 1.6% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥5.50 (vs JP¥2.25 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.40b (up 4.6% from 1Q 2021). Net income: JP¥49.0m (up JP¥69.0m from 1Q 2021). Profit margin: 1.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥61.53 (vs JP¥21.34 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥20.6b (flat on FY 2020). Net income: JP¥548.0m (up 188% from FY 2020). Profit margin: 2.7% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Mar 07
New 90-day high: JP¥1,250 The company is up 10.0% from its price of JP¥1,135 on 07 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 5.0% over the same period. Announcement • Mar 04
Takachiho Koheki Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Takachiho Koheki Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Reported Earnings • Feb 08
Third quarter 2021 earnings released: EPS JP¥10.56 (vs JP¥19.65 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.16b (down 1.7% from 3Q 2020). Net income: JP¥94.0m (down 46% from 3Q 2020). Profit margin: 1.8% (down from 3.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥1,222 The company is up 24% from its price of JP¥985 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: JP¥1,112 The company is up 19% from its price of JP¥931 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 21% over the same period. Announcement • Nov 29
Takachiho Koheki Co.,Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Takachiho Koheki Co.,Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Announcement • Sep 03
Takachiho Koheki Co.,Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Takachiho Koheki Co.,Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020