Announcement • Oct 07
Katsuragawa Electric Co., Ltd. to Delist from Standard Section of the Tokyo Stock Exchange, Effective November 5, 2025 Katsuragawa Electric Co., Ltd. will be delisted from Standard Section of the Tokyo Stock Exchange effective from November 5, 2025, due to MBO(TOB,Acquisition by a demand for share, etc. cash-out). Announcement • Sep 25
Lemon Co., Ltd completed the acquisition of Katsuragawa Electric Co., Ltd. (TSE:6416) from Sankei Seisakusho Co., Ltd. and others. Lemon Co., Ltd proposed to acquire Katsuragawa Electric Co., Ltd. (TSE:6416) for ¥1.5 billion in a tender offer transaction on May 14, 2025. A cash consideration valued at ¥960 per share will be paid by Lemon Co., Ltd. A
The Board of Directors of Katsuragawa Electric Co., Ltd. formed a special committee for the transaction. The Special Committee is composed of three members who are independent of the Tender Offerors, the Company, and the success or failure of the Tender Offer: Harukuni Nakamoto, Hiromitsu Akimoto, and Ryohei Kataoka. The transaction is subject to minimum tender condition. The company will be taken private and squeeze out will be initiate to delist the Katsuragawa Electric Co., Ltd.
AGS Consulting Co., Ltd. acted as financial advisor for Katsuragawa Electric Co., Ltd. Nishimura & Asahi acted as legal advisor for Katsuragawa Electric Co., Ltd.
Lemon Co., Ltd completed the acquisition of Katsuragawa Electric Co., Ltd. (TSE:6416) from Sankei Seisakusho Co., Ltd. and others on September 24, 2025. Minimum tender condition is met. Before completion, Sankei Seisakusho Co., Ltd. held 33.75% stake in Katsuragawa Electric Co., Ltd. After completion, Sankei Seisakusho Co., Ltd. no longer holds any stake in Katsuragawa Electric Co., Ltd. Announcement • Sep 18
Katsuragawa Electric Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Katsuragawa Electric Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: JP¥71.15 loss per share (vs JP¥47.00 profit in 1Q 2025) First quarter 2026 results: JP¥71.15 loss per share (down from JP¥47.00 profit in 1Q 2025). Revenue: JP¥1.51b (down 7.5% from 1Q 2025). Net loss: JP¥109.0m (down 251% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Lemon Co., Ltd proposed to acquire Katsuragawa Electric Co., Ltd. (TSE:6416) for ¥1.5 billion in a tender offer transaction. Lemon Co., Ltd proposed to acquire Katsuragawa Electric Co., Ltd. (TSE:6416) for ¥1.5 billion in a tender offer transaction on May 14, 2025. A cash consideration valued at ¥960 per share will be paid by Lemon Co., Ltd. A
The Board of Directors of Katsuragawa Electric Co., Ltd. formed a special committee for the transaction. The Special Committee is composed of three members who are independent of the Tender Offerors, the Company, and the success or failure of the Tender Offer: Harukuni Nakamoto, Hiromitsu Akimoto, and Ryohei Kataoka.
AGS Consulting Co., Ltd. acted as financial advisor for Katsuragawa Electric Co., Ltd. Nishimura & Asahi acted as legal advisor for Katsuragawa Electric Co., Ltd. Announcement • Jun 24
Katsuragawa Electric Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Katsuragawa Electric Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 23
Full year 2025 earnings released: JP¥264 loss per share (vs JP¥120 profit in FY 2024) Full year 2025 results: JP¥264 loss per share (down from JP¥120 profit in FY 2024). Revenue: JP¥6.17b (down 1.4% from FY 2024). Net loss: JP¥404.0m (down 320% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 20
Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 27, 2025 Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 27, 2025. New Risk • Apr 07
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 6.2% 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: Major Risk Market cap is less than US$10m (JP¥908.5m market cap, or US$6.21m). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Announcement • Mar 18
Katsuragawa Electric Co., Ltd. to Report Fiscal Year 2025 Results on May 20, 2025 Katsuragawa Electric Co., Ltd. announced that they will report fiscal year 2025 results on May 20, 2025 Reported Earnings • Feb 17
Third quarter 2025 earnings released: JP¥9.78 loss per share (vs JP¥60.75 loss in 3Q 2024) Third quarter 2025 results: JP¥9.78 loss per share (improved from JP¥60.75 loss in 3Q 2024). Revenue: JP¥1.67b (up 4.3% from 3Q 2024). Net loss: JP¥15.0m (loss narrowed 84% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Dec 31
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 5.0% 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: Major Risk Market cap is less than US$10m (JP¥1.21b market cap, or US$7.70m). Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change). Announcement • Dec 20
Katsuragawa Electric Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Katsuragawa Electric Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Announcement • Sep 25
Katsuragawa Electric Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Katsuragawa Electric Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥47.00 (vs JP¥13.72 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥47.00 (up from JP¥13.72 loss in 1Q 2024). Revenue: JP¥1.63b (up 20% from 1Q 2024). Net income: JP¥72.0m (up JP¥93.0m from 1Q 2024). Profit margin: 4.4% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥691, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 15x in the Tech industry in Japan. Total returns to shareholders of 8.8% over the past three years. Announcement • Jun 21
Katsuragawa Electric Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Katsuragawa Electric Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 23
Full year 2024 earnings released: EPS: JP¥120 (vs JP¥430 loss in FY 2023) Full year 2024 results: EPS: JP¥120 (up from JP¥430 loss in FY 2023). Revenue: JP¥6.26b (up 14% from FY 2023). Net income: JP¥184.0m (up JP¥843.0m from FY 2023). Profit margin: 2.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 27, 2024 Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 23
Katsuragawa Electric Co., Ltd. to Report Fiscal Year 2024 Results on May 20, 2024 Katsuragawa Electric Co., Ltd. announced that they will report fiscal year 2024 results on May 20, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: JP¥60.63 loss per share (vs JP¥146 loss in 3Q 2023) Third quarter 2024 results: JP¥60.63 loss per share (improved from JP¥146 loss in 3Q 2023). Revenue: JP¥1.60b (up 20% from 3Q 2023). Net loss: JP¥93.0m (loss narrowed 58% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Feb 06
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 5.8% 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: Major Risk Market cap is less than US$10m (JP¥1.43b market cap, or US$9.62m). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). Announcement • Dec 21
Katsuragawa Electric Co., Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Katsuragawa Electric Co., Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Sep 27
Katsuragawa Electric Co., Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Katsuragawa Electric Co., Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥13.71 loss per share (vs JP¥11.10 loss in 1Q 2023) First quarter 2024 results: JP¥13.71 loss per share (further deteriorated from JP¥11.10 loss in 1Q 2023). Revenue: JP¥1.37b (up 2.8% from 1Q 2023). Net loss: JP¥21.0m (loss widened 24% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jul 12
Katsuragawa Electric Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Katsuragawa Electric Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 22
Full year 2023 earnings released: JP¥430 loss per share (vs JP¥292 loss in FY 2022) Full year 2023 results: JP¥430 loss per share (further deteriorated from JP¥292 loss in FY 2022). Revenue: JP¥5.47b (up 1.6% from FY 2022). Net loss: JP¥659.0m (loss widened 47% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 21
Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 29, 2023 Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 29, 2023. Reported Earnings • Feb 16
Third quarter 2023 earnings released: JP¥146 loss per share (vs JP¥72.45 loss in 3Q 2022) Third quarter 2023 results: JP¥146 loss per share (further deteriorated from JP¥72.45 loss in 3Q 2022). Revenue: JP¥1.33b (down 44% from 3Q 2022). Net loss: JP¥223.0m (loss widened 101% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Katsuragawa Electric Co., Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Katsuragawa Electric Co., Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: JP¥124 loss per share (vs JP¥84.20 loss in 2Q 2022) Second quarter 2023 results: JP¥124 loss per share (further deteriorated from JP¥84.20 loss in 2Q 2022). Revenue: JP¥1.52b (up 16% from 2Q 2022). Net loss: JP¥190.0m (loss widened 47% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 14% 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. 2 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Yoshihiro Ota 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. Reported Earnings • Aug 12
First quarter 2023 earnings released: JP¥11.10 loss per share (vs JP¥57.44 loss in 1Q 2022) First quarter 2023 results: JP¥11.10 loss per share (up from JP¥57.44 loss in 1Q 2022). Revenue: JP¥1.33b (up 3.8% from 1Q 2022). Net loss: JP¥17.0m (loss narrowed 81% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Katsuragawa Electric Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Katsuragawa Electric Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 23
Full year 2022 earnings released: JP¥292 loss per share (vs JP¥486 loss in FY 2021) Full year 2022 results: JP¥292 loss per share (up from JP¥486 loss in FY 2021). Revenue: JP¥5.39b (down 3.3% from FY 2021). Net loss: JP¥448.0m (loss narrowed 40% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • May 22
Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 29, 2022 Katsuragawa Electric Co., Ltd., Annual General Meeting, Jun 29, 2022. 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. 5 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Yoshihiro Ota 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
Katsuragawa Electric Co., Ltd. to Report Fiscal Year 2022 Results on May 20, 2022 Katsuragawa Electric Co., Ltd. announced that they will report fiscal year 2022 results on May 20, 2022 Reported Earnings • Feb 19
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥72.45 loss per share (up from JP¥172 loss in 3Q 2021). Revenue: JP¥2.36b (up 108% from 3Q 2021). Net loss: JP¥111.0m (loss narrowed 58% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥84.20 loss per share (vs JP¥86.16 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥1.31b (up 18% from 2Q 2021). Net loss: JP¥129.0m (loss narrowed 2.3% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
First quarter 2022 earnings released: JP¥57.44 loss per share (vs JP¥210 loss in 1Q 2021) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: JP¥1.28b (down 35% from 1Q 2021). Net loss: JP¥88.0m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 15
New 90-day high: JP¥672 The company is up 13% from a price of JP¥597 on 15 December 2020. Outperformed the Japanese market which is up 9.0% over the last 90 days. Lagged the Tech industry, which is up 16% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥172 loss per share (vs JP¥112 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥1.13b (down 30% from 3Q 2020). Net loss: JP¥264.0m (loss widened 54% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 28% per year. Is New 90 Day High Low • Jan 07
New 90-day high: JP¥631 The company is up 1.0% from its price of JP¥625 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 13% over the same period. Announcement • Dec 26
Katsuragawa Electric Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Katsuragawa Electric Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 21
New 90-day low: JP¥583 The company is down 3.0% from its price of JP¥604 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 16% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: JP¥86.16 loss per share The company reported a soft second quarter result with weaker revenues and control over expenses, though losses reduced. Second quarter 2021 results: Revenue: JP¥1.11b (down 36% from 2Q 2020). Net loss: JP¥132.0m (loss narrowed 35% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 30% per year. Announcement • Oct 10
Katsuragawa Electric Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Katsuragawa Electric Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Is New 90 Day High Low • Oct 08
New 90-day high: JP¥630 The company is up 2.0% from its price of JP¥616 on 10 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is down 3.0% over the same period. Announcement • Aug 09
Katsuragawa Electric Co., Ltd. to Report Q1, 2021 Results on Sep 04, 2020 Katsuragawa Electric Co., Ltd. announced that they will report Q1, 2021 results on Sep 04, 2020