Announcement • Jun 26
Daiwabo Holdings Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Daiwabo Holdings Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 15
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: JP¥362 (up from JP¥271 in FY 2025). Revenue: JP¥1.35t (up 19% from FY 2025). Net income: JP¥32.0b (up 29% from FY 2025). Profit margin: 2.4% (up from 2.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is expected to decline by 8.2% p.a. on average during the next 2 years, while revenues in the Electronic industry in Japan are expected to grow by 7.9%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Daiwabo Holdings Co., Ltd. (TSE:3107) announces an Equity Buyback for 2,400,000 shares, representing 2.76% for ¥6,000 million. Daiwabo Holdings Co., Ltd. (TSE:3107) announces a share repurchase program. Under the program, the company will repurchase up to 2,400,000 shares, representing 2.76% of its issued share capital (excluding treasury stock), for ¥6,000 million. The purpose of the program is to increase capital efficiency and shareholder value as part of shareholders return measures in Medium-Term Management Plan. The program will run until October 16, 2026 . As of March 31, 2026, the company had 86,913,566 shares issued (excluding treasury stock) and 1,565,462 shares in treasury. Announcement • May 13
Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026 Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • Mar 26
Daiwabo Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Daiwabo Holdings Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥76.32 (vs JP¥65.44 in 3Q 2025) Third quarter 2026 results: EPS: JP¥76.32 (up from JP¥65.44 in 3Q 2025). Revenue: JP¥344.4b (up 18% from 3Q 2025). Net income: JP¥6.72b (up 14% from 3Q 2025). Profit margin: 2.0% (in line with 3Q 2025). Revenue is expected to decline by 8.2% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 6.7%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Dec 26
Daiwabo Holdings Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Daiwabo Holdings Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Declared Dividend • Dec 02
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 24% 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. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥95.90 (vs JP¥69.77 in 2Q 2025) Second quarter 2026 results: EPS: JP¥95.90 (up from JP¥69.77 in 2Q 2025). Revenue: JP¥366.2b (up 27% from 2Q 2025). Net income: JP¥8.54b (up 34% from 2Q 2025). Profit margin: 2.3% (up from 2.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 6.7%. 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 10% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
Daiwabo Holdings Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025 Daiwabo Holdings Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥80.19 (vs JP¥33.05 in 1Q 2025) First quarter 2026 results: EPS: JP¥80.19 (up from JP¥33.05 in 1Q 2025). Revenue: JP¥290.6b (up 28% from 1Q 2025). Net income: JP¥7.20b (up 134% from 1Q 2025). Profit margin: 2.5% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 6.2%. 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 17% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Outside Director Shigeru Dohno was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (362% cash payout ratio). The dividend has increased by an average of 24% 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. EPS is expected to grow by 6.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jul 03
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 362% Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (362% cash payout ratio). Announcement • Jun 26
Daiwabo Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025 Daiwabo Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025 Announcement • Jun 19
Daiwabo Holdings Co., Ltd. (TSE:3107) announces an Equity Buyback for 4,200,000 shares, representing 4.67% for ¥8,000 million. Daiwabo Holdings Co., Ltd. (TSE:3107) announces a share repurchase program. Under the program, the company will repurchase up to 4,200,000 shares, representing 4.67% of its issued share capital (excluding treasury stock), for ¥8,000 million. The purpose of the program is to increase capital efficiency and shareholder value as part of shareholders return measures in Medium-Term Management Plan. The program will run until February 27, 2026. As of March 31, 2025, the company had 89,909,663 shares issued (excluding treasury stock) and 6,446,797 shares in treasury. New Risk • May 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.05% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • May 14
Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 27, 2025 Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,130, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,103 per share. Announcement • Mar 26
Daiwabo Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Daiwabo Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥65.44 (vs JP¥136 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥65.44 (up from JP¥136 loss in 3Q 2024). Revenue: JP¥291.4b (up 27% from 3Q 2024). Net income: JP¥5.90b (up JP¥18.6b from 3Q 2024). Profit margin: 2.0% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Dec 26
Daiwabo Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Daiwabo Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥69.76 (vs JP¥54.39 in 2Q 2024) Second quarter 2025 results: EPS: JP¥69.76 (up from JP¥54.39 in 2Q 2024). Revenue: JP¥289.5b (up 22% from 2Q 2024). Net income: JP¥6.40b (up 26% from 2Q 2024). Profit margin: 2.2% (in line with 2Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Nov 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. MD & Director Takao Yamashita was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 25
Daiwabo Holdings Co., Ltd. to Report Q2, 2025 Results on Nov 06, 2024 Daiwabo Holdings Co., Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥33.05 (vs JP¥36.83 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.05 (down from JP¥36.83 in 1Q 2024). Revenue: JP¥227.8b (up 8.8% from 1Q 2024). Net income: JP¥3.08b (down 11% from 1Q 2024). Profit margin: 1.4% (down from 1.6% in 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥2,186, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 14% over the past three years. Announcement • Jun 26
Daiwabo Holdings Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024 Daiwabo Holdings Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • May 11
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥45.82 (down from JP¥203 in FY 2023). Revenue: JP¥967.8b (up 7.1% from FY 2023). Net income: JP¥4.28b (down 78% from FY 2023). Profit margin: 0.4% (down from 2.1% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • May 11
Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024 Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • May 10
Daiwabo Holdings Co., Ltd. (TSE:3107) announces an Equity Buyback for 5,000,000 shares, representing 5.34% for ¥10,000 million. Daiwabo Holdings Co., Ltd. (TSE:3107) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.34% of its issued share capital (excluding treasury stock), for ¥10,000 million. The purpose of the program is to improve capital efficiency and shareholder value as part of the shareholder return policy in the medium-term management plan. The program will run until January 31, 2025. As of March 31, 2024, the company had 93,579,813 shares issued (excluding treasury stock) and 2,776,647 shares in treasury. Announcement • Mar 29
Aspirant Group, Inc. completed the acquisition of 85% stake in Daiwabo Co., Ltd. from Daiwabo Holdings Co., Ltd. (TSE:3107) for ¥9.18 billion. Aspirant Group, Inc. agreed to acquire 85% stake in Daiwabo Co., Ltd. from Daiwabo Holdings Co., Ltd. (TSE:3107) for ¥9.54 billion on November 22, 2023. As of March 31, 2023, Daiwabo Co., Ltd. generated net assets of ¥32.5 billion, total assets of ¥63.19 billion, sales of ¥62.78 billion, operating income of ¥1.39 billion and net income of ¥633 million. The transaction is expected to complete on January 18, 2024. As on January 17, 2024, the transaction is expected to complete during February 2024 - March 2024.
Aspirant Group, Inc. completed the acquisition of 85% stake in Daiwabo Co., Ltd. from Daiwabo Holdings Co., Ltd. (TSE:3107) for ¥9.18 billion on March 27, 2024. Announcement • Mar 26
Daiwabo Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Daiwabo Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥32.00 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 profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Major Estimate Revision • Feb 15
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥978.4b to JP¥968.4b. EPS estimate also fell from JP¥92.70 per share to JP¥81.10 per share. Net income forecast to grow 860% next year vs 10% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,000 unchanged from last update. Share price fell 15% to JP¥2,661 over the past week. Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥136 loss per share (vs JP¥50.57 profit in 3Q 2023) Third quarter 2024 results: JP¥136 loss per share (down from JP¥50.57 profit in 3Q 2023). Revenue: JP¥229.4b (flat on 3Q 2023). Net loss: JP¥12.7b (down 369% from profit in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Feb 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥2,700. The fair value is estimated to be JP¥3,425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Major Estimate Revision • Jan 25
Consensus EPS estimates fall by 61% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥997.3b to JP¥978.4b. EPS estimate also fell from JP¥236 per share to JP¥92.70 per share. Net income forecast to shrink 7.2% next year vs 10% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥3,650 to JP¥4,000. Share price rose 3.4% to JP¥3,239 over the past week. Announcement • Dec 26
Daiwabo Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Daiwabo Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Price Target Changed • Nov 14
Price target increased by 16% to JP¥3,650 Up from JP¥3,150, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,991. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥236 for next year compared to JP¥203 last year. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥54.39 (vs JP¥48.09 in 2Q 2023) Second quarter 2024 results: EPS: JP¥54.39 (up from JP¥48.09 in 2Q 2023). Revenue: JP¥236.6b (up 5.7% from 2Q 2023). Net income: JP¥5.08b (up 12% from 2Q 2023). Profit margin: 2.1% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Sep 26
Daiwabo Holdings Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Daiwabo Holdings Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥32.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Board Change • Aug 11
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. External Auditor Masuji Ueda is the most experienced director on 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 board continuity. Lack of experienced directors. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥36.83 (vs JP¥33.15 in 1Q 2023) First quarter 2024 results: EPS: JP¥36.83 (up from JP¥33.15 in 1Q 2023). Revenue: JP¥209.3b (up 13% from 1Q 2023). Net income: JP¥3.44b (up 9.4% from 1Q 2023). Profit margin: 1.6% (down from 1.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • Jun 26
Daiwabo Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Daiwabo Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 21
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥203 (up from JP¥178 in FY 2022). Revenue: JP¥903.9b (up 18% from FY 2022). Net income: JP¥19.1b (up 12% from FY 2022). Profit margin: 2.1% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • May 17
Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 29, 2023 Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥32.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥50.57 (vs JP¥36.41 in 3Q 2022) Third quarter 2023 results: EPS: JP¥50.57 (up from JP¥36.41 in 3Q 2022). Revenue: JP¥228.4b (up 21% from 3Q 2022). Net income: JP¥4.73b (up 37% from 3Q 2022). Profit margin: 2.1% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Dec 26
Daiwabo Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Daiwabo Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. Independent External Director Kenichi Dohi was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 11
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: JP¥48.09 (up from JP¥40.94 in 2Q 2022). Revenue: JP¥223.8b (up 22% from 2Q 2022). Net income: JP¥4.52b (up 16% from 2Q 2022). Profit margin: 2.0% (down from 2.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • Sep 24
Daiwabo Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Daiwabo Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Price Target Changed • Aug 10
Price target increased to JP¥2,500 Up from JP¥2,300, the current price target is provided by 1 analyst. New target price is 31% above last closing price of JP¥1,912. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of JP¥196 for next year compared to JP¥178 last year. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥33.15 (vs JP¥32.44 in 1Q 2022) First quarter 2023 results: EPS: JP¥33.15 (up from JP¥32.44 in 1Q 2022). Revenue: JP¥185.4b (up 11% from 1Q 2022). Net income: JP¥3.15b (up 1.0% from 1Q 2022). Profit margin: 1.7% (down from 1.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥178 (down from JP¥267 in FY 2021). Revenue: JP¥763.8b (down 27% from FY 2021). Net income: JP¥17.0b (down 34% from FY 2021). Profit margin: 2.2% (down from 2.5% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 6.0%, compared to a 8.2% growth forecast for the industry in Japan. 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 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 29, 2022 Daiwabo Holdings Co., Ltd., Annual General Meeting, Jun 29, 2022. Announcement • May 13
Daiwabo Holdings Co., Ltd. (TSE:3107) announces an Equity Buyback for 2,400,000 shares, representing 2.52% for ¥3,000 million. Daiwabo Holdings Co., Ltd. (TSE:3107) announces a share repurchase program. Under the program, the company will repurchase up to 2,400,000 shares, representing 2.52% of its issued share capital (excluding treasury stock), for ¥3,000 million. The purpose of the program is to improve capital efficiency and shareholder value as part of the shareholder return policy in the medium-term management plan. The program will run until October 31, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). External Director Kenichi Dohi was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 07
Daiwabo Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Daiwabo Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥36.41 (down from JP¥78.71 in 3Q 2021). Revenue: JP¥188.4b (down 34% from 3Q 2021). Net income: JP¥3.46b (down 54% from 3Q 2021). Profit margin: 1.8% (down from 2.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 6.1% compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥40.94 (vs JP¥46.94 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: JP¥183.8b (down 23% from 2Q 2021). Net income: JP¥3.90b (down 14% from 2Q 2021). Profit margin: 2.1% (up from 1.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.