Announcement • Jun 03
Teikoku Tsushin Kogyo Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥136 (vs JP¥212 in FY 2025) Full year 2026 results: EPS: JP¥136 (down from JP¥212 in FY 2025). Revenue: JP¥17.3b (up 2.8% from FY 2025). Net income: JP¥1.27b (down 37% from FY 2025). Profit margin: 7.4% (down from 12% in FY 2025). 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 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 26, 2026 Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Teikoku Tsushin Kogyo Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Buy Or Sell Opportunity • May 07
Now 23% overvalued Over the last 90 days, the stock has fallen 1.6% to JP¥2,782. The fair value is estimated to be JP¥2,262, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Apr 06
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 7.2% to JP¥2,917. The fair value is estimated to be JP¥2,389, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 50% and the cash payout ratio is 87%. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Buy Or Sell Opportunity • Feb 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.1% to JP¥2,836. The fair value is estimated to be JP¥2,361, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥55.72 (vs JP¥73.41 in 3Q 2025) Third quarter 2026 results: EPS: JP¥55.72 (down from JP¥73.41 in 3Q 2025). Revenue: JP¥4.54b (down 1.6% from 3Q 2025). Net income: JP¥519.0m (down 25% from 3Q 2025). Profit margin: 11% (down from 15% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 03
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 02
Teikoku Tsushin Kogyo Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥29.46 (vs JP¥21.52 in 2Q 2025) Second quarter 2026 results: EPS: JP¥29.46 (up from JP¥21.52 in 2Q 2025). Revenue: JP¥4.52b (up 4.0% from 2Q 2025). Net income: JP¥277.0m (up 35% from 2Q 2025). Profit margin: 6.1% (up from 4.7% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Nov 04
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.4% to JP¥2,547. The fair value is estimated to be JP¥2,083, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%. Buy Or Sell Opportunity • Sep 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to JP¥2,512. The fair value is estimated to be JP¥2,093, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3%. 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: 03 December 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Sep 02
Teikoku Tsushin Kogyo Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Aug 08
Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces an Equity Buyback for 200,000 shares, representing 2.09% for ¥500 million. Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.1% of its share capital, for ¥500 million. The purpose of the program is to further improve capital efficiency and shareholder returns. The program will expire on March 24, 2026. As of July 31, 2025, the company had 9,580,546 shares in issue (excluding treasury stock) and 275,561 shares in treasury. New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥17.83 (vs JP¥51.86 in 1Q 2025) First quarter 2026 results: EPS: JP¥17.83 (down from JP¥51.86 in 1Q 2025). Revenue: JP¥3.98b (up 9.7% from 1Q 2025). Net income: JP¥168.0m (down 66% from 1Q 2025). Profit margin: 4.2% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. 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: 3rd December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 05
Teikoku Tsushin Kogyo Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥212 (vs JP¥141 in FY 2024) Full year 2025 results: EPS: JP¥212 (up from JP¥141 in FY 2024). Revenue: JP¥16.8b (up 10% from FY 2024). Net income: JP¥2.01b (up 48% from FY 2024). Profit margin: 12% (up from 8.9% in FY 2024). The increase in margin was driven by higher revenue. 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 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2025 Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2025. Buy Or Sell Opportunity • Apr 18
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at JP¥2,276. The fair value is estimated to be JP¥1,817, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.3%. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,060, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 69% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 39% and the cash payout ratio is 90%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 04
Teikoku Tsushin Kogyo Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥73.36 (vs JP¥13.59 in 3Q 2024) Third quarter 2025 results: EPS: JP¥73.36 (up from JP¥13.59 in 3Q 2024). Revenue: JP¥4.62b (up 20% from 3Q 2024). Net income: JP¥693.0m (up 433% from 3Q 2024). Profit margin: 15% (up from 3.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Declared Dividend • Dec 04
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 30
Teikoku Tsushin Kogyo Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥21.52 (vs JP¥56.59 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.52 (down from JP¥56.59 in 2Q 2024). Revenue: JP¥4.34b (up 4.9% from 2Q 2024). Net income: JP¥205.0m (down 63% from 2Q 2024). Profit margin: 4.7% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Aug 29
Teikoku Tsushin Kogyo Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: JP¥51.86 (vs JP¥36.57 in 1Q 2024) First quarter 2025 results: EPS: JP¥51.86 (up from JP¥36.57 in 1Q 2024). Revenue: JP¥3.63b (down 1.7% from 1Q 2024). Net income: JP¥494.0m (up 38% from 1Q 2024). Profit margin: 14% (up from 9.7% in 1Q 2024). The increase in margin was driven by lower expenses. 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 19% per year, which means it is well ahead of earnings. Announcement • Aug 09
Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces an Equity Buyback for 150,000 shares, representing 1.56% for ¥300 million. Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.56% of its share capital, for ¥300 million. The purpose of the program is to further improve capital efficiency and shareholder returns. The program will expire on December 23, 2024. As of July 31, 2024, the company had 9,587,749 shares in issue (excluding treasury stock) and 268,358 shares in treasury. Declared Dividend • Jul 25
Final dividend increased to JP¥50.00 Dividend of JP¥50.00 is 43% higher than last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 06
Teikoku Tsushin Kogyo Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥141 (vs JP¥141 in FY 2023) Full year 2024 results: EPS: JP¥141 (down from JP¥141 in FY 2023). Revenue: JP¥15.2b (down 7.7% from FY 2023). Net income: JP¥1.36b (down 1.7% from FY 2023). Profit margin: 8.9% (up from 8.4% in FY 2023). The increase in margin was driven by lower expenses. 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 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2024 Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 09
Teikoku Tsushin Kogyo Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥13.59 (vs JP¥16.45 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.59 (down from JP¥16.45 in 3Q 2023). Revenue: JP¥3.86b (down 14% from 3Q 2023). Net income: JP¥130.0m (down 19% from 3Q 2023). Profit margin: 3.4% (down from 3.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year. Announcement • Dec 01
Teikoku Tsushin Kogyo Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥56.58 (vs JP¥40.86 in 2Q 2023) Second quarter 2024 results: EPS: JP¥56.58 (up from JP¥40.86 in 2Q 2023). Revenue: JP¥4.14b (down 1.4% from 2Q 2023). Net income: JP¥551.0m (up 38% from 2Q 2023). Profit margin: 13% (up from 9.5% in 2Q 2023). The increase in margin was driven by lower 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 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 49% and the cash payout ratio is 83%. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Announcement • Sep 13
Teikoku Tsushin Kogyo Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks 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 (7.3% net profit margin). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥36.57 (vs JP¥54.55 in 1Q 2023) First quarter 2024 results: EPS: JP¥36.57 (down from JP¥54.55 in 1Q 2023). Revenue: JP¥3.69b (flat on 1Q 2023). Net income: JP¥358.0m (down 33% from 1Q 2023). Profit margin: 9.7% (down from 15% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces an Equity Buyback for 350,000 shares, representing 3.55% for ¥500 million. Teikoku Tsushin Kogyo Co., Ltd. (TSE:6763) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 3.55% of its share capital, for ¥500 million. The purpose of the program is to further improve capital efficiency and shareholder returns. The program will expire on December 22, 2023. As of July 31, 2023, the company had 9,856,107 shares in issue (excluding treasury stock) and 285,726 shares in treasury. Announcement • Jun 10
Teikoku Tsushin Kogyo Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥141 (vs JP¥162 in FY 2022) Full year 2023 results: EPS: JP¥141 (down from JP¥162 in FY 2022). Revenue: JP¥16.5b (up 9.2% from FY 2022). Net income: JP¥1.39b (down 13% from FY 2022). Profit margin: 8.4% (down from 11% 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 67% 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 13
Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 29, 2023 Teikoku Tsushin Kogyo Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Within 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¥16.45 (vs JP¥51.24 in 3Q 2022) Third quarter 2023 results: EPS: JP¥16.45 (down from JP¥51.24 in 3Q 2022). Revenue: JP¥4.48b (up 15% from 3Q 2022). Net income: JP¥161.0m (down 68% from 3Q 2022). Profit margin: 3.6% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 04
Teikoku Tsushin Kogyo Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Toshiyuki Kugotani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥40.86 (vs JP¥38.47 in 2Q 2022) Second quarter 2023 results: EPS: JP¥40.86 (up from JP¥38.47 in 2Q 2022). Revenue: JP¥4.20b (up 5.8% from 2Q 2022). Net income: JP¥400.0m (up 6.7% from 2Q 2022). Profit margin: 9.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 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: 02 December 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 17
Teikoku Tsushin Kogyo Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥54.44 (vs JP¥42.85 in 1Q 2022) First quarter 2023 results: EPS: JP¥54.44 (up from JP¥42.85 in 1Q 2022). Revenue: JP¥3.67b (up 4.0% from 1Q 2022). Net income: JP¥533.0m (up 26% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jun 15
Teikoku Tsushin Kogyo Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥162 (vs JP¥76.71 in FY 2021) Full year 2022 results: EPS: JP¥162 (up from JP¥76.71 in FY 2021). Revenue: JP¥15.1b (up 26% from FY 2021). Net income: JP¥1.58b (up 110% from FY 2021). Profit margin: 11% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Toshiyuki Kugotani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Teikoku Tsushin Kogyo Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Teikoku Tsushin Kogyo Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 4.8%. 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: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥51.24 (up from JP¥29.86 in 3Q 2021). Revenue: JP¥3.90b (up 13% from 3Q 2021). Net income: JP¥501.0m (up 70% from 3Q 2021). Profit margin: 13% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.