Upcoming Dividend • Jun 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.0%). Announcement • Jun 03
Di-Nikko Engineering Co., Ltd. to Report Q2, 2026 Results on Aug 13, 2026 Di-Nikko Engineering Co., Ltd. announced that they will report Q2, 2026 results on Aug 13, 2026 Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥712, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 38% over the past three years. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥39.51 (vs JP¥29.24 in 1Q 2025) First quarter 2026 results: EPS: JP¥39.51 (up from JP¥29.24 in 1Q 2025). Revenue: JP¥9.56b (up 7.6% from 1Q 2025). Net income: JP¥262.0m (up 34% from 1Q 2025). Profit margin: 2.7% (up from 2.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • May 20
New major risk - Revenue and earnings growth Earnings have declined by 0.3% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥4.05b market cap, or US$25.4m). New Risk • May 11
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 7.0% 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: Minor Risks High level of debt (76% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥4.46b market cap, or US$28.4m). Announcement • May 09
Di-Nikko Engineering Co., Ltd. to Report Q1, 2026 Final Results on May 15, 2026 Di-Nikko Engineering Co., Ltd. announced that they will report Q1, 2026 final results on May 15, 2026 Reported Earnings • Feb 18
Full year 2025 earnings released: EPS: JP¥27.71 (vs JP¥40.99 in FY 2024) Full year 2025 results: EPS: JP¥27.71 (down from JP¥40.99 in FY 2024). Revenue: JP¥37.0b (down 5.1% from FY 2024). Net income: JP¥184.0m (down 34% from FY 2024). Profit margin: 0.5% (down from 0.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Feb 16
Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026 Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026. Announcement • Dec 25
Di-Nikko Engineering Co., Ltd. to Report Fiscal Year 2025 Results on Feb 16, 2026 Di-Nikko Engineering Co., Ltd. announced that they will report fiscal year 2025 results on Feb 16, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥16.59 (vs JP¥23.67 in 3Q 2024) Third quarter 2025 results: EPS: JP¥16.59 (down from JP¥23.67 in 3Q 2024). Revenue: JP¥9.48b (flat on 3Q 2024). Net income: JP¥110.0m (down 31% from 3Q 2024). Profit margin: 1.2% (down from 1.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
Di-Nikko Engineering Co., Ltd. to Report Q3, 2025 Results on Nov 13, 2025 Di-Nikko Engineering Co., Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025 Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: JP¥8.29 (vs JP¥19.54 in 2Q 2024) Second quarter 2025 results: EPS: JP¥8.29 (down from JP¥19.54 in 2Q 2024). Revenue: JP¥8.81b (down 8.3% from 2Q 2024). Net income: JP¥55.0m (down 58% from 2Q 2024). Profit margin: 0.6% (down from 1.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 01 September 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%). Announcement • Jun 12
Di-Nikko Engineering Co., Ltd. to Report Q2, 2025 Results on Aug 13, 2025 Di-Nikko Engineering Co., Ltd. announced that they will report Q2, 2025 results on Aug 13, 2025 Reported Earnings • May 21
First quarter 2025 earnings released: EPS: JP¥29.24 (vs JP¥19.10 in 1Q 2024) First quarter 2025 results: EPS: JP¥29.24 (up from JP¥19.10 in 1Q 2024). Revenue: JP¥8.89b (down 7.5% from 1Q 2024). Net income: JP¥195.0m (up 51% from 1Q 2024). Profit margin: 2.2% (up from 1.3% in 1Q 2024). 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 1% per year, which means it is well ahead of earnings. Announcement • Mar 27
Di-Nikko Engineering Co., Ltd. to Report Q1, 2025 Results on May 15, 2025 Di-Nikko Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 15, 2025 Announcement • Feb 16
Di-Nikko Engineering Co., Ltd. (TSE:6635) announces an Equity Buyback for 160,000 shares, representing 2.37% for ¥90 million. Di-Nikko Engineering Co., Ltd. (TSE:6635) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 2.37% of its issued share capital, for ¥90 million. The purpose of the program is to enable flexible capital policies that can respond to changes in the business environment. The program will run until March 31, 2025. As of December 31, 2024, the company had 6,760,917 shares in issue (excluding treasury stock) and 39,683 shares in treasury. Announcement • Feb 14
Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2025 Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 8.0% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Dec 06
Di-Nikko Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 Di-Nikko Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025 Announcement • Sep 10
Di-Nikko Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024 Di-Nikko Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥456, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 17% over the past three years. Buy Or Sell Opportunity • Jul 01
Now 22% undervalued Over the last 90 days, the stock has risen 4.1% to JP¥628. The fair value is estimated to be JP¥809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 29%. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%). Buy Or Sell Opportunity • Jun 20
Now 20% undervalued Over the last 90 days, the stock has risen 5.0% to JP¥645. The fair value is estimated to be JP¥809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 29%. Buy Or Sell Opportunity • Jun 13
Now 20% undervalued Over the last 90 days, the stock has risen 10% to JP¥647. The fair value is estimated to be JP¥809, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 29%. Announcement • Jun 08
Di-Nikko Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024 Di-Nikko Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥19.10 (vs JP¥10.72 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.10 (up from JP¥10.72 in 1Q 2023). Revenue: JP¥9.61b (up 7.6% from 1Q 2023). Net income: JP¥129.0m (up 79% from 1Q 2023). Profit margin: 1.3% (up from 0.8% 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 29% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥607, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 19% over the past three years. New Risk • Feb 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.8% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (JP¥4.46b market cap, or US$29.6m). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥541, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total loss to shareholders of 1.5% over the past three years. Announcement • Feb 24
Di-Nikko Engineering Co., Ltd. to Report Q1, 2024 Results on May 14, 2024 Di-Nikko Engineering Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024 Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥51.79 (vs JP¥178 in FY 2022) Full year 2023 results: EPS: JP¥51.79 (down from JP¥178 in FY 2022). Revenue: JP¥39.2b (up 16% from FY 2022). Net income: JP¥349.0m (down 65% from FY 2022). Profit margin: 0.9% (down from 2.9% 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 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2024 Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 27, 2024. New Risk • Jan 25
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 5.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.72b market cap, or US$25.2m). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥582, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total loss to shareholders of 25% over the past three years. Announcement • Dec 29
Di-Nikko Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Di-Nikko Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥6.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%). Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: JP¥19.27 (vs JP¥35.46 in 3Q 2022) Third quarter 2023 results: EPS: JP¥19.27 (down from JP¥35.46 in 3Q 2022). Revenue: JP¥10.1b (up 18% from 3Q 2022). Net income: JP¥130.0m (down 32% from 3Q 2022). Profit margin: 1.3% (down from 2.2% in 3Q 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 2% per year, which means it is significantly lagging earnings. Announcement • Sep 29
Di-Nikko Engineering Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023 Di-Nikko Engineering Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: JP¥9.50 (vs JP¥43.35 in 2Q 2022) Second quarter 2023 results: EPS: JP¥9.50 (down from JP¥43.35 in 2Q 2022). Revenue: JP¥9.51b (up 14% from 2Q 2022). Net income: JP¥64.0m (down 73% from 2Q 2022). Profit margin: 0.7% (down from 2.8% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥6.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 August 2023. Payout ratio is a comfortable 7.6% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥637, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 7.6% over the past three years. Announcement • May 28
Di-Nikko Engineering Co., Ltd. to Report Q2, 2023 Results on Aug 14, 2023 Di-Nikko Engineering Co., Ltd. announced that they will report Q2, 2023 results on Aug 14, 2023 Reported Earnings • May 16
First quarter 2023 earnings released: EPS: JP¥10.72 (vs JP¥23.44 in 1Q 2022) First quarter 2023 results: EPS: JP¥10.72 (down from JP¥23.44 in 1Q 2022). Revenue: JP¥8.93b (up 2.6% from 1Q 2022). Net income: JP¥72.0m (down 43% from 1Q 2022). Profit margin: 0.8% (down from 1.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 26% per year. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥626, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 69% over the past three years. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: JP¥178 (vs JP¥16.75 loss in FY 2021) Full year 2022 results: EPS: JP¥178 (up from JP¥16.75 loss in FY 2021). Revenue: JP¥33.9b (up 14% from FY 2021). Net income: JP¥995.0m (up JP¥1.09b from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 26
Di-Nikko Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023 Di-Nikko Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%). 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). President, COO & Director Takuya Yamaguchi was the last director to join the board, commencing their role in 2013. 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 • Nov 13
Third quarter 2022 earnings released: EPS: JP¥35.46 (vs JP¥11.91 in 3Q 2021) Third quarter 2022 results: EPS: JP¥35.46 (up from JP¥11.91 in 3Q 2021). Revenue: JP¥8.55b (up 15% from 3Q 2021). Net income: JP¥191.0m (up 198% from 3Q 2021). Profit margin: 2.2% (up from 0.9% in 3Q 2021). 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 only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Nov 11
Di-Nikko Engineering Co., Ltd. announced that it has received ¥580.32 million in funding from Leewo Investment Group Limited On November 10, 2022, Di-Nikko Engineering Co., Ltd. closed the transaction. Announcement • Oct 15
Di-Nikko Engineering Co., Ltd. announced that it expects to receive ¥580.32 million in funding from Leewo Investment Group Limited Di-Nikko Engineering Co., Ltd. announced that it will issue 1,289,600 common shares at a price of ¥450 per share for gross proceeds ¥580,320,000 to new investor Leewo Investment Group Limited on October 14, 2022.
The investor will invest for 19.35% stake in the company. The transaction is expected to close from November 10, 2022 to November 17, 2022. The company will pay fees worth ¥50,000,000 in the transaction. The transaction has been approved by the board of directors of the company. Announcement • Sep 09
Di-Nikko Engineering Co., Ltd. to Report Q3, 2022 Results on Nov 14, 2022 Di-Nikko Engineering Co., Ltd. announced that they will report Q3, 2022 results on Nov 14, 2022 Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: JP¥43.35 (vs JP¥4.09 in 2Q 2021) Second quarter 2022 results: EPS: JP¥43.35 (up from JP¥4.09 in 2Q 2021). Revenue: JP¥8.33b (up 15% from 2Q 2021). Net income: JP¥233.0m (up JP¥211.0m from 2Q 2021). Profit margin: 2.8% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Di-Nikko Engineering Co., Ltd. to Report Q2, 2022 Results on Aug 12, 2022 Di-Nikko Engineering Co., Ltd. announced that they will report Q2, 2022 results on Aug 12, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: JP¥26.79 (vs JP¥4.10 in 1Q 2021) First quarter 2022 results: EPS: JP¥26.79 (up from JP¥4.10 in 1Q 2021). Revenue: JP¥8.70b (up 23% from 1Q 2021). Net income: JP¥144.0m (up JP¥122.0m from 1Q 2021). Profit margin: 1.7% (up from 0.3% in 1Q 2021). 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 12% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Di-Nikko Engineering Co., Ltd. to Report Q1, 2022 Results on May 13, 2022 Di-Nikko Engineering Co., Ltd. announced that they will report Q1, 2022 results on May 13, 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. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). President, COO & Director Takuya Yamaguchi was the last director to join the board, commencing their role in 2013. 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 • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥16.75 loss per share (down from JP¥57.68 profit in FY 2020). Revenue: JP¥29.9b (up 6.6% from FY 2020). Net loss: JP¥90.0m (down 129% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥538, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 78% over the past three years. Announcement • Feb 16
Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 30, 2022 Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 30, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%). Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS JP¥11.91 (vs JP¥29.53 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥7.44b (up 3.0% from 3Q 2020). Net income: JP¥64.0m (down 61% from 3Q 2020). Profit margin: 0.9% (down from 2.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS JP¥4.09 (vs JP¥8.92 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥7.26b (up 3.8% from 2Q 2020). Net income: JP¥22.0m (down 53% from 2Q 2020). Profit margin: 0.3% (down from 0.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 August 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.2%). Reported Earnings • May 18
First quarter 2021 earnings released: EPS JP¥4.10 (vs JP¥8.61 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥7.10b (up 16% from 1Q 2020). Net income: JP¥22.0m (up JP¥67.0m from 1Q 2020). Profit margin: 0.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥693, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 87% over the past three years. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS JP¥57.68 (vs JP¥69.91 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥28.0b (up 1.0% from FY 2019). Net income: JP¥306.0m (down 16% from FY 2019). Profit margin: 1.1% (down from 1.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥613, the stock is trading at a trailing P/E ratio of 10.6x, down from the previous P/E ratio of 12.6x. This compares to an average P/E of 18x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 60%. Announcement • Feb 16
Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 30, 2021 Di-Nikko Engineering Co., Ltd., Annual General Meeting, Mar 30, 2021. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥57.68 (vs JP¥69.91 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥28.0b (up 1.0% from FY 2019). Net income: JP¥306.0m (down 16% from FY 2019). Profit margin: 1.1% (down from 1.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥707, the stock is trading at a trailing P/E ratio of 8.8x, down from the previous P/E ratio of 11x. This compares to an average P/E of 20x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 87%. Announcement • Jan 14
Di-Nikko Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021 Di-Nikko Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥771, the stock is trading at a trailing P/E ratio of 9.6x, down from the previous P/E ratio of 11.5x. This compares to an average P/E of 18x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 105%. Is New 90 Day High Low • Dec 23
New 90-day high: JP¥740 The company is up 49% from its price of JP¥498 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 34% share price gain to JP¥740, the stock is trading at a trailing P/E ratio of 9.2x, up from the previous P/E ratio of 6.9x. This compares to an average P/E of 18x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 92%. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥533, the stock is trading at a trailing P/E ratio of 6.6x, down from the previous P/E ratio of 8.1x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 38%. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 19% share price gain to JP¥650, the stock is trading at a trailing P/E ratio of 8.1x, up from the previous P/E ratio of 6.8x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 69%. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥561 The company is up 6.0% from its price of JP¥530 on 03 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 Electronic industry, which is up 19% over the same period.