Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥86.12 (vs JP¥77.54 in FY 2025) Full year 2026 results: EPS: JP¥86.12 (up from JP¥77.54 in FY 2025). Revenue: JP¥7.04b (flat on FY 2025). Net income: JP¥450.0m (up 10% from FY 2025). Profit margin: 6.4% (up from 5.8% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • May 14
Nippon Primex Inc., Annual General Meeting, Jun 22, 2026 Nippon Primex Inc., Annual General Meeting, Jun 22, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 24 June 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%). New Risk • Feb 14
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: 4.9% Last year net profit margin: 7.5% 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: Minor Risks Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (JP¥4.79b market cap, or US$31.4m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥32.28 (vs JP¥42.36 in 3Q 2025) Third quarter 2026 results: EPS: JP¥32.28 (down from JP¥42.36 in 3Q 2025). Revenue: JP¥1.75b (down 3.2% from 3Q 2025). Net income: JP¥168.0m (down 25% from 3Q 2025). Profit margin: 9.6% (down from 12% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Dec 27
Nippon Primex Inc. to Report Q3, 2026 Results on Feb 12, 2026 Nippon Primex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥20.71 (vs JP¥2.28 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥20.71 (up from JP¥2.28 loss in 2Q 2025). Revenue: JP¥1.70b (down 6.5% from 2Q 2025). Net income: JP¥109.0m (up JP¥121.0m from 2Q 2025). Profit margin: 6.4% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Declared Dividend • Nov 15
Dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 24th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 2.3% 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 decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years. Announcement • Nov 13
Nippon Primex Inc. (TSE:2795) announces an Equity Buyback for 90,000 shares, representing 1.71% for ¥81 million. Nippon Primex Inc. (TSE:2795) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 1.71% of its total shares outstanding (excluding treasury shares), for a total of ¥81 million. The shares will be repurchases at a price of ¥900 per share. The purpose of repurchase program is to implement a flexible capital policy in response to changes in the business environment. As of September 30, 2025, the company had 5,262,790 shares outstanding (excluding treasury shares) and had 260,802 shares in treasury. Announcement • Sep 05
Nippon Primex Inc. to Report Q2, 2026 Results on Nov 13, 2025 Nippon Primex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥7.60 (vs JP¥34.20 in 1Q 2025) First quarter 2026 results: EPS: JP¥7.60 (down from JP¥34.20 in 1Q 2025). Revenue: JP¥1.69b (down 6.9% from 1Q 2025). Net income: JP¥40.0m (down 78% from 1Q 2025). Profit margin: 2.4% (down from 9.9% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 29
Nippon Primex Inc. to Report Q1, 2026 Results on Aug 07, 2025 Nippon Primex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jun 24
Full year 2025 earnings released: EPS: JP¥77.54 (vs JP¥95.78 in FY 2024) Full year 2025 results: EPS: JP¥77.54 (down from JP¥95.78 in FY 2024). Revenue: JP¥7.09b (up 2.2% from FY 2024). Net income: JP¥408.0m (down 19% from FY 2024). Profit margin: 5.8% (down from 7.3% in FY 2024). The decrease in margin was driven by higher expenses. 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 9% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥77.53 (vs JP¥95.78 in FY 2024) Full year 2025 results: EPS: JP¥77.53 (down from JP¥95.78 in FY 2024). Revenue: JP¥7.09b (up 2.2% from FY 2024). Net income: JP¥408.0m (down 19% from FY 2024). Profit margin: 5.8% (down from 7.3% in FY 2024). The decrease in margin was driven by higher expenses. 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 8% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Nippon Primex Inc., Annual General Meeting, Jun 23, 2025 Nippon Primex Inc., Annual General Meeting, Jun 23, 2025. Announcement • Mar 27
Nippon Primex Inc. to Report Fiscal Year 2025 Results on May 14, 2025 Nippon Primex Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.6%). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥42.36 (vs JP¥16.34 in 3Q 2024) Third quarter 2025 results: EPS: JP¥42.36 (up from JP¥16.34 in 3Q 2024). Revenue: JP¥1.80b (down 4.1% from 3Q 2024). Net income: JP¥223.0m (up 159% from 3Q 2024). Profit margin: 12% (up from 4.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Announcement • Jan 03
Nippon Primex Inc. to Report Q3, 2025 Results on Feb 13, 2025 Nippon Primex Inc. announced that they will report Q3, 2025 results on Feb 13, 2025 Declared Dividend • Nov 15
Dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 25th June 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 2.3% 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 4.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 27
Nippon Primex Inc. to Report Q2, 2025 Results on Nov 13, 2024 Nippon Primex Inc. announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥34.20 (vs JP¥28.89 in 1Q 2024) First quarter 2025 results: EPS: JP¥34.20 (up from JP¥28.89 in 1Q 2024). Revenue: JP¥1.81b (up 16% from 1Q 2024). Net income: JP¥180.0m (up 18% from 1Q 2024). Profit margin: 9.9% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥95.78 (vs JP¥75.26 in FY 2023) Full year 2024 results: EPS: JP¥95.78 (up from JP¥75.26 in FY 2023). Revenue: JP¥6.94b (up 12% from FY 2023). Net income: JP¥504.0m (up 27% from FY 2023). Profit margin: 7.3% (up from 6.4% 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 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Nippon Primex Inc. to Report Q1, 2025 Results on Aug 08, 2024 Nippon Primex Inc. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥95.77 (vs JP¥75.26 in FY 2023) Full year 2024 results: EPS: JP¥95.77 (up from JP¥75.26 in FY 2023). Revenue: JP¥6.94b (up 12% from FY 2023). Net income: JP¥504.0m (up 27% from FY 2023). Profit margin: 7.3% (up from 6.4% 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 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Nippon Primex Inc., Annual General Meeting, Jun 24, 2024 Nippon Primex Inc., Annual General Meeting, Jun 24, 2024. Announcement • May 12
Nippon Primex Inc. to Report Fiscal Year 2024 Results on May 14, 2024 Nippon Primex Inc. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.5%). Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥16.34 (vs JP¥11.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.34 (up from JP¥11.97 in 3Q 2023). Revenue: JP¥1.88b (up 13% from 3Q 2023). Net income: JP¥86.0m (up 37% from 3Q 2023). Profit margin: 4.6% (up from 3.8% 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 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Nippon Primex Inc. to Report Q3, 2024 Results on Feb 14, 2024 Nippon Primex Inc. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 19
Second quarter 2024 earnings released: EPS: JP¥21.29 (vs JP¥19.57 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.29 (up from JP¥19.57 in 2Q 2023). Revenue: JP¥1.65b (up 11% from 2Q 2023). Net income: JP¥112.0m (up 8.7% from 2Q 2023). Profit margin: 6.8% (down from 6.9% 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 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 28
Nippon Primex Inc. to Report Q2, 2024 Results on Nov 14, 2023 Nippon Primex Inc. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 14
First quarter 2024 earnings released: EPS: JP¥28.88 (vs JP¥26.99 in 1Q 2023) First quarter 2024 results: EPS: JP¥28.88 (up from JP¥26.99 in 1Q 2023). Revenue: JP¥1.57b (up 9.9% from 1Q 2023). Net income: JP¥152.0m (up 7.0% from 1Q 2023). Profit margin: 9.7% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥870, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 26% over the past three years. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥75.25 (vs JP¥79.06 in FY 2022) Full year 2023 results: EPS: JP¥75.25 (down from JP¥79.06 in FY 2022). Revenue: JP¥6.17b (up 5.0% from FY 2022). Net income: JP¥396.0m (down 4.8% from FY 2022). Profit margin: 6.4% (down from 7.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Nippon Primex Inc., Annual General Meeting, Jun 26, 2023 Nippon Primex Inc., Annual General Meeting, Jun 26, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥11.97 (vs JP¥21.67 in 3Q 2022) Third quarter 2023 results: EPS: JP¥11.97 (down from JP¥21.67 in 3Q 2022). Revenue: JP¥1.67b (up 6.9% from 3Q 2022). Net income: JP¥63.0m (down 45% from 3Q 2022). Profit margin: 3.8% (down from 7.3% 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 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Nippon Primex Inc. to Report Q3, 2023 Results on Feb 10, 2023 Nippon Primex Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥19.57 (vs JP¥19.19 in 2Q 2022) Second quarter 2023 results: EPS: JP¥19.57 (up from JP¥19.19 in 2Q 2022). Revenue: JP¥1.48b (up 5.2% from 2Q 2022). Net income: JP¥103.0m (up 2.0% from 2Q 2022). Profit margin: 6.9% (down from 7.2% 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 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). Director Junichi Kato was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Sep 16
Nippon Primex Inc. to Report Q2, 2023 Results on Nov 14, 2022 Nippon Primex Inc. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥26.99 (vs JP¥9.31 in 1Q 2022) First quarter 2023 results: EPS: JP¥26.99 (up from JP¥9.31 in 1Q 2022). Revenue: JP¥1.43b (up 9.7% from 1Q 2022). Net income: JP¥142.0m (up 190% from 1Q 2022). Profit margin: 10.0% (up from 3.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Nippon Primex Inc. to Report Q1, 2023 Results on Aug 09, 2022 Nippon Primex Inc. announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥79.05 (vs JP¥45.42 in FY 2021) Full year 2022 results: EPS: JP¥79.05 (up from JP¥45.42 in FY 2021). Revenue: JP¥5.88b (up 13% from FY 2021). Net income: JP¥416.0m (up 74% from FY 2021). Profit margin: 7.1% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. No independent directors (6 non-independent directors). Director Junichi Kato was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Nippon Primex Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Nippon Primex Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥21.66 (up from JP¥6.65 in 3Q 2021). Revenue: JP¥1.56b (up 21% from 3Q 2021). Net income: JP¥114.0m (up 226% from 3Q 2021). Profit margin: 7.3% (up from 2.7% 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 fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 19
Second quarter 2022 earnings released: EPS JP¥19.19 (vs JP¥11.78 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.41b (up 10% from 2Q 2021). Net income: JP¥101.0m (up 63% from 2Q 2021). Profit margin: 7.2% (up from 4.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥45.41 (vs JP¥70.89 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.19b (down 22% from FY 2020). Net income: JP¥239.0m (down 36% from FY 2020). Profit margin: 4.6% (down from 5.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥6.65 (vs JP¥23.76 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.29b (down 19% from 3Q 2020). Net income: JP¥35.0m (down 72% from 3Q 2020). Profit margin: 2.7% (down from 7.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Announcement • Jan 08
Nippon Primex Inc. to Report Q3, 2021 Results on Feb 10, 2021 Nippon Primex Inc. announced that they will report Q3, 2021 results on Feb 10, 2021 Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥11.78 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.28b (down 34% from 2Q 2020). Net income: JP¥62.0m (down 48% from 2Q 2020). Profit margin: 4.8% (down from 6.1% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 04
New 90-day low: JP¥700 The company is down 5.0% from its price of JP¥736 on 06 August 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: JP¥716 The company is down 5.0% from its price of JP¥754 on 17 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is down 8.0% over the same period. Announcement • Oct 07
Nippon Primex Inc. to Report Q2, 2021 Results on Nov 12, 2020 Nippon Primex Inc. announced that they will report Q2, 2021 results on Nov 12, 2020 Announcement • Jul 05
Nippon Primex Inc. to Report Q1, 2021 Results on Aug 07, 2020 Nippon Primex Inc. announced that they will report Q1, 2021 results on Aug 07, 2020