Announcement • Jun 23
Nohmi Bosai Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Nohmi Bosai Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 12
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥232 (up from JP¥188 in FY 2025). Revenue: JP¥139.7b (up 4.5% from FY 2025). Net income: JP¥13.6b (up 23% from FY 2025). Profit margin: 9.8% (up from 8.3% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
Nohmi Bosai Ltd., Annual General Meeting, Jun 26, 2026 Nohmi Bosai Ltd., Annual General Meeting, Jun 26, 2026. Live News • May 11
Nohmi Bosai Targets 50% Payout Ratio With Higher Dividend After Strong Fiscal 2026 Nohmi Bosai reported higher sales, margins and profits for fiscal 2026, which also strengthened its balance sheet.
The company raised its annual dividend and plans to maintain this higher level, while forecasting sales growth but a slight decline in profit for fiscal 2027.
Management increased the year-end dividend to 66 yen per share, taking the annual payout to 116 yen, and is now aiming for a 50% payout ratio in line with its 2028 vision.
The key takeaway is that Nohmi Bosai is tying its higher dividend and a 50% payout ratio target directly to its long-term plan, while still emphasizing financial stability to support future business expansion.
Investors may wish to weigh the appeal of a higher, more stable dividend against the company's expectation for slightly softer profit in fiscal 2027 as it invests for future growth. Announcement • May 10
Nohmi Bosai Ltd. to Report Fiscal Year 2026 Results on May 11, 2026 Nohmi Bosai Ltd. announced that they will report fiscal year 2026 results on May 11, 2026 Buy Or Sell Opportunity • Apr 17
Now 21% undervalued Over the last 90 days, the stock has risen 2.5% to JP¥4,135. The fair value is estimated to be JP¥5,216, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. Buy Or Sell Opportunity • Mar 23
Now 22% undervalued Over the last 90 days, the stock has risen 5.6% to JP¥4,180. The fair value is estimated to be JP¥5,328, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. Price Target Changed • Mar 04
Price target increased by 29% to JP¥5,300 Up from JP¥4,100, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥4,410. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥188 last year. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥65.29 (vs JP¥49.80 in 3Q 2025) Third quarter 2026 results: EPS: JP¥65.29 (up from JP¥49.80 in 3Q 2025). Revenue: JP¥35.6b (up 4.7% from 3Q 2025). Net income: JP¥3.84b (up 31% from 3Q 2025). Profit margin: 11% (up from 8.6% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% 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 increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 17
Nohmi Bosai Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Nohmi Bosai Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Declared Dividend • Dec 06
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 17% 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 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥37.43 (vs JP¥36.77 in 2Q 2025) Second quarter 2026 results: EPS: JP¥37.43 (up from JP¥36.77 in 2Q 2025). Revenue: JP¥31.3b (up 2.9% from 2Q 2025). Net income: JP¥2.20b (up 1.6% from 2Q 2025). Profit margin: 7.0% (in line with 2Q 2025). Revenue is forecast to grow 6.5% 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 increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. 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: 05 December 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Sep 19
Nohmi Bosai Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Nohmi Bosai Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Announcement • Sep 03
Nohmi Bosai Ltd. (TSE:6744) acquired Prime Value Co., Ltd. Nohmi Bosai Ltd. (TSE:6744) acquired Prime Value Co., Ltd. on September 1, 2025.
For the period ending January 31, 2025, Prime Value Co., Ltd. reported total revenue of ¥26 million.
Nohmi Bosai Ltd. (TSE:6744) completed the acquisition of Prime Value Co., Ltd. on September 1, 2025. Reported Earnings • Aug 08
First quarter 2026 earnings released: JP¥1.72 loss per share (vs JP¥6.23 profit in 1Q 2025) First quarter 2026 results: JP¥1.72 loss per share (down from JP¥6.23 profit in 1Q 2025). Revenue: JP¥25.7b (up 6.7% from 1Q 2025). Net loss: JP¥101.0m (down 127% from profit in 1Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 06
Nohmi Bosai Ltd. (TSE:6744) entered into a share transfer agreement to acquire Meisei Electric Co., Ltd. from IHI Corporation (TSE:7013). Nohmi Bosai Ltd. (TSE:6744) entered into a share transfer agreement to acquire Meisei Electric Co., Ltd. from IHI Corporation (TSE:7013) on August 6, 2025. As part of the acquisition, IHI Corporation would transfer 13,271,400 shares to Nohmi Bosai Ltd.
For the period ending March 31, 2025, Meisei Electric Co., Ltd. reported total revenue of ¥7.99 billion and net income of ¥431 million and has 322 employees. As of March 31, 2025, Meisei Electric Co., Ltd. reported total assets of ¥12 billion and total common equity of ¥6.75 billion.
The share transfer is scheduled to be executed on February 2, 2026. 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: 5th December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 17% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 01
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥188 (up from JP¥142 in FY 2024). Revenue: JP¥133.7b (up 13% from FY 2024). Net income: JP¥11.1b (up 29% from FY 2024). Profit margin: 8.3% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 20
Nohmi Bosai Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Nohmi Bosai Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Price Target Changed • Jun 07
Price target increased by 11% to JP¥4,200 Up from JP¥3,800, the current price target is provided by 1 analyst. New target price is 9.9% above last closing price of JP¥3,820. Stock is up 67% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥188 last year. Reported Earnings • May 10
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥188 (up from JP¥142 in FY 2024). Revenue: JP¥133.7b (up 13% from FY 2024). Net income: JP¥11.1b (up 29% from FY 2024). Profit margin: 8.3% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 09
Nohmi Bosai Ltd., Annual General Meeting, Jun 26, 2025 Nohmi Bosai Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%). Announcement • Mar 19
Nohmi Bosai Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Nohmi Bosai Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: JP¥49.80 (vs JP¥24.15 in 3Q 2024) Third quarter 2025 results: EPS: JP¥49.80 (up from JP¥24.15 in 3Q 2024). Revenue: JP¥34.0b (up 13% from 3Q 2024). Net income: JP¥2.93b (up 101% from 3Q 2024). Profit margin: 8.6% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% 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 increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 20
Nohmi Bosai Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Nohmi Bosai Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 06
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 15% 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 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥36.77 (vs JP¥19.81 in 2Q 2024) Second quarter 2025 results: EPS: JP¥36.77 (up from JP¥19.81 in 2Q 2024). Revenue: JP¥30.5b (up 13% from 2Q 2024). Net income: JP¥2.17b (up 81% from 2Q 2024). Profit margin: 7.1% (up from 4.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% 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 increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 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 6.0% 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 Dividend is not well covered by cash flows (445% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Announcement • Sep 21
Nohmi Bosai Ltd. to Report Q2, 2025 Results on Nov 07, 2024 Nohmi Bosai Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,653, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 32% over the past three years. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥6.23 (vs JP¥0.033 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥6.23 (up from JP¥0.033 loss in 1Q 2024). Revenue: JP¥24.1b (up 11% from 1Q 2024). Net income: JP¥371.0m (up JP¥373.0m from 1Q 2024). Profit margin: 1.5% (up from 0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% 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 2% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,990, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 1.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥993 per share. Declared Dividend • Jul 11
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (457% cash payout ratio). The dividend has increased by an average of 15% 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 9.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 15
Nohmi Bosai Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Nohmi Bosai Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • May 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.2% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 11
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥142 (up from JP¥116 in FY 2023). Revenue: JP¥118.5b (up 12% from FY 2023). Net income: JP¥8.57b (up 22% from FY 2023). Profit margin: 7.2% (up from 6.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 2.3% 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 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 15
Nohmi Bosai Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Nohmi Bosai Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥24.15 (vs JP¥29.71 in 3Q 2023) Third quarter 2024 results: EPS: JP¥24.15 (down from JP¥29.71 in 3Q 2023). Revenue: JP¥30.1b (up 12% from 3Q 2023). Net income: JP¥1.46b (down 19% from 3Q 2023). Profit margin: 4.8% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% 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 6% per year whereas the company’s share price has fallen by 2% per year. Announcement • Dec 21
Nohmi Bosai Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Nohmi Bosai Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥19.81 (vs JP¥12.00 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.81 (up from JP¥12.00 in 2Q 2023). Revenue: JP¥27.1b (up 15% from 2Q 2023). Net income: JP¥1.20b (up 65% from 2Q 2023). Profit margin: 4.4% (up from 3.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% 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 whereas the company’s share price has fallen by 9% per year. Announcement • Sep 21
Nohmi Bosai Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Nohmi Bosai Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥23.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 09
First quarter 2024 earnings released: JP¥0.033 loss per share (vs JP¥5.27 loss in 1Q 2023) First quarter 2024 results: JP¥0.033 loss per share (improved from JP¥5.27 loss in 1Q 2023). Revenue: JP¥21.7b (up 6.7% from 1Q 2023). Net loss: JP¥2.00m (loss narrowed 99% from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% 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 10% per year whereas the company’s share price has fallen by 6% per year. Announcement • Jun 23
Nohmi Bosai Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Nohmi Bosai Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 12
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: JP¥116 (down from JP¥155 in FY 2022). Revenue: JP¥105.5b (down 6.5% from FY 2022). Net income: JP¥7.02b (down 25% from FY 2022). Profit margin: 6.7% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% 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 • May 10
Nohmi Bosai Ltd., Annual General Meeting, Jun 27, 2023 Nohmi Bosai Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 16% and the cash payout ratio is 92%. Trailing yield: 2.4%. 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¥29.71 (vs JP¥24.41 in 3Q 2022) Third quarter 2023 results: EPS: JP¥29.71 (up from JP¥24.41 in 3Q 2022). Revenue: JP¥26.9b (down 2.9% from 3Q 2022). Net income: JP¥1.79b (up 22% from 3Q 2022). Profit margin: 6.7% (up from 5.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% 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 13% per year whereas the company’s share price has fallen by 11% per year. Announcement • Dec 18
Nohmi Bosai Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Nohmi Bosai Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥12.00 (vs JP¥38.18 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.00 (down from JP¥38.18 in 2Q 2022). Revenue: JP¥23.6b (down 11% from 2Q 2022). Net income: JP¥724.0m (down 69% from 2Q 2022). Profit margin: 3.1% (down from 8.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% 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 12% per year and the company’s share price has also fallen by 12% per year. Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: JP¥12.00 (vs JP¥38.18 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.00 (down from JP¥38.18 in 2Q 2022). Revenue: JP¥23.6b (down 11% from 2Q 2022). Net income: JP¥724.0m (down 69% from 2Q 2022). Profit margin: 3.1% (down from 8.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% 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 12% per year and the company’s share price has also fallen by 12% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 18
Nohmi Bosai Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Nohmi Bosai Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: JP¥5.27 loss per share (vs JP¥17.76 profit in 1Q 2022) First quarter 2023 results: JP¥5.27 loss per share (down from JP¥17.76 profit in 1Q 2022). Revenue: JP¥20.3b (down 14% from 1Q 2022). Net loss: JP¥318.0m (down 130% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 2.9%, 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 6% per year whereas the company’s share price has fallen by 8% per year. Announcement • Jun 23
Nohmi Bosai Ltd. to Report Q1, 2023 Results on Aug 08, 2022 Nohmi Bosai Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022 Major Estimate Revision • May 18
Consensus EPS estimates fall by 31% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥121.5b to JP¥111.0b. EPS estimate also fell from JP¥171 per share to JP¥119 per share. Net income forecast to shrink 24% next year vs 6.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥2,500 to JP¥1,800. Share price fell 7.8% to JP¥1,709 over the past week. Reported Earnings • May 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥155 (up from JP¥126 in FY 2021). Revenue: JP¥112.9b (up 4.6% from FY 2021). Net income: JP¥9.35b (up 23% from FY 2021). Profit margin: 8.3% (up from 7.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 4.6%. Over the next year, revenue is expected to shrink by 1.7% compared to a 8.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Announcement • May 13
Nohmi Bosai Ltd., Annual General Meeting, Jun 28, 2022 Nohmi Bosai Ltd., Annual General Meeting, Jun 28, 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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 08
Nohmi Bosai Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Nohmi Bosai Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: JP¥24.41 (up from JP¥23.43 in 3Q 2021). Revenue: JP¥27.7b (up 9.6% from 3Q 2021). Net income: JP¥1.47b (up 4.2% from 3Q 2021). Profit margin: 5.3% (down from 5.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 7.6%. Over the next year, revenue is forecast to grow 5.5%, compared to a 7.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥38.18 (vs JP¥30.23 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.4b (up 5.9% from 2Q 2021). Net income: JP¥2.30b (up 26% from 2Q 2021). Profit margin: 8.7% (up from 7.3% 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 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Price Target Changed • Aug 19
Price target decreased to JP¥2,500 Down from JP¥2,750, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,041. Stock is down 1.4% over the past year. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥17.76 (vs JP¥5.62 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥23.6b (up 13% from 1Q 2021). Net income: JP¥1.07b (up 216% from 1Q 2021). Profit margin: 4.5% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥126 (vs JP¥174 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥107.9b (down 8.0% from FY 2020). Net income: JP¥7.62b (down 28% from FY 2020). Profit margin: 7.1% (down from 9.0% in FY 2020). The decrease in margin was driven by lower revenue. 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 8% per year, which means it is significantly lagging earnings.