Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥5,270, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past three years. Buy Or Sell Opportunity • Jun 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to JP¥4,465. The fair value is estimated to be JP¥5,683, 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 13%. Announcement • May 30
New Cosmos Electric Co.,Ltd. to Report Q1, 2027 Results on Aug 10, 2026 New Cosmos Electric Co.,Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥4,225, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 120% over the past three years. Buy Or Sell Opportunity • May 21
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥4,385. The fair value is estimated to be JP¥5,712, 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 13%. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥425 (vs JP¥273 in FY 2025) Full year 2026 results: EPS: JP¥425 (up from JP¥273 in FY 2025). Revenue: JP¥50.1b (up 19% from FY 2025). Net income: JP¥5.21b (up 54% from FY 2025). Profit margin: 10% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. 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 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 18
New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 26, 2026 New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
New Cosmos Electric Co.,Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 New Cosmos Electric Co.,Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥5,020, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 161% over the past three years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: JP¥106 (vs JP¥67.31 in 3Q 2025) Third quarter 2026 results: EPS: JP¥106 (up from JP¥67.31 in 3Q 2025). Revenue: JP¥12.1b (up 31% from 3Q 2025). Net income: JP¥1.30b (up 56% from 3Q 2025). Profit margin: 11% (up from 9.0% in 3Q 2025). The increase in margin was driven by higher revenue. 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 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 28
New Cosmos Electric Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 New Cosmos Electric Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Buy Or Sell Opportunity • Nov 19
Now 23% undervalued Over the last 90 days, the stock has risen 53% to JP¥4,485. The fair value is estimated to be JP¥5,792, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years, while earnings per share has been flat. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥143 (vs JP¥99.76 in 2Q 2025) Second quarter 2026 results: EPS: JP¥143 (up from JP¥99.76 in 2Q 2025). Revenue: JP¥13.6b (up 27% from 2Q 2025). Net income: JP¥1.76b (up 43% from 2Q 2025). Profit margin: 13% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,415, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 149% over the past three years. New Risk • Sep 18
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 5.1% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 10
New Cosmos Electric Co.,Ltd. (TSE:6824) announces an Equity Buyback for 220,000 shares, representing 1.78% for ¥668.8 million. New Cosmos Electric Co.,Ltd. (TSE:6824) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.78% of its issued share capital (excluding treasury stock), for ¥668.8 million. The shares will be repurchased at a price of ¥3,040 per share. The purpose of the program is to improve capital efficiency and enable flexible capital policies in response to changes in the business environment. The program will run until September 11, 2025. As of June 30, 2025, the company had 12,360,913 shares in issue (excluding treasury stock) and 200,087 shares in treasury. Announcement • Sep 01
New Cosmos Electric Co.,Ltd. to Report Q2, 2026 Results on Nov 14, 2025 New Cosmos Electric Co.,Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: EPS: JP¥77.26 (vs JP¥64.76 in 1Q 2025) First quarter 2026 results: EPS: JP¥77.26 (up from JP¥64.76 in 1Q 2025). Revenue: JP¥11.0b (up 16% from 1Q 2025). Net income: JP¥955.0m (up 19% from 1Q 2025). Profit margin: 8.7% (up from 8.5% in 1Q 2025). The increase in margin was driven by higher revenue. 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 13% per year, which means it is well ahead of earnings. Announcement • Jul 02
New Cosmos Electric Co.,Ltd. to Report Q1, 2026 Results on Aug 08, 2025 New Cosmos Electric Co.,Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥273 (vs JP¥240 in FY 2024) Full year 2025 results: EPS: JP¥273 (up from JP¥240 in FY 2024). Revenue: JP¥42.2b (up 9.4% from FY 2024). Net income: JP¥3.38b (up 14% from FY 2024). Profit margin: 8.0% (up from 7.7% in FY 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 8% per year, which means it is well ahead of earnings. Announcement • May 15
New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 27, 2025 New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,087, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 22% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥48.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 08
New Cosmos Electric Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 New Cosmos Electric Co.,Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥67.31 (vs JP¥67.10 in 3Q 2024) Third quarter 2025 results: EPS: JP¥67.31 (up from JP¥67.10 in 3Q 2024). Revenue: JP¥9.30b (down 5.1% from 3Q 2024). Net income: JP¥832.0m (flat on 3Q 2024). Profit margin: 9.0% (up from 8.5% in 3Q 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 13% per year, which means it is well ahead of earnings. New Risk • Dec 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. This is currently the only risk that has been identified for the company. Announcement • Dec 03
New Cosmos Electric Co.,Ltd. to Report Q3, 2025 Results on Feb 14, 2025 New Cosmos Electric Co.,Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: JP¥99.76 (vs JP¥71.09 in 2Q 2024) Second quarter 2025 results: EPS: JP¥99.76 (up from JP¥71.09 in 2Q 2024). Revenue: JP¥10.8b (up 8.3% from 2Q 2024). Net income: JP¥1.23b (up 40% from 2Q 2024). Profit margin: 11% (up from 8.8% in 2Q 2024). The increase in margin was driven by higher revenue. 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 7% per year, which means it is well ahead of earnings. Announcement • Sep 28
New Cosmos Electric Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024 New Cosmos Electric Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥64.76 (vs JP¥27.30 in 1Q 2024) First quarter 2025 results: EPS: JP¥64.76 (up from JP¥27.30 in 1Q 2024). Revenue: JP¥9.45b (up 14% from 1Q 2024). Net income: JP¥800.0m (up 137% from 1Q 2024). Profit margin: 8.5% (up from 4.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Announcement • Jul 01
New Cosmos Electric Co.,Ltd. to Report Q1, 2025 Results on Aug 09, 2024 New Cosmos Electric Co.,Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥240 (vs JP¥303 in FY 2023) Full year 2024 results: EPS: JP¥240 (down from JP¥303 in FY 2023). Revenue: JP¥38.5b (up 3.6% from FY 2023). Net income: JP¥2.96b (down 21% from FY 2023). Profit margin: 7.7% (down from 10.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Announcement • May 17
New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 27, 2024 New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 31
New Cosmos Electric Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 New Cosmos Electric Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥67.10 (vs JP¥76.38 in 3Q 2023) Third quarter 2024 results: EPS: JP¥67.10 (down from JP¥76.38 in 3Q 2023). Revenue: JP¥9.80b (up 7.2% from 3Q 2023). Net income: JP¥829.0m (down 12% from 3Q 2023). Profit margin: 8.5% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: JP¥71.08 (vs JP¥106 in 2Q 2023) Second quarter 2024 results: EPS: JP¥71.08 (down from JP¥106 in 2Q 2023). Revenue: JP¥9.95b (flat on 2Q 2023). Net income: JP¥878.0m (down 33% from 2Q 2023). Profit margin: 8.8% (down from 13% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,230, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 35% over the past three years. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥27.30 (vs JP¥51.88 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.30 (down from JP¥51.88 in 1Q 2023). Revenue: JP¥8.26b (up 3.0% from 1Q 2023). Net income: JP¥337.0m (down 47% from 1Q 2023). Profit margin: 4.1% (down from 8.0% in 1Q 2023). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,656, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 60% over the past three years. Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥303 (vs JP¥305 in FY 2022) Full year 2023 results: EPS: JP¥303 (down from JP¥305 in FY 2022). Revenue: JP¥37.2b (up 8.4% from FY 2022). Net income: JP¥3.74b (down 1.0% from FY 2022). Profit margin: 10.0% (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 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 17
New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 29, 2023 New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥37.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥76.37 (vs JP¥63.22 in 3Q 2022) Third quarter 2023 results: EPS: JP¥76.37 (up from JP¥63.22 in 3Q 2022). Revenue: JP¥9.14b (up 8.6% from 3Q 2022). Net income: JP¥943.0m (up 20% from 3Q 2022). Profit margin: 10% (up from 9.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
New Cosmos Electric Co.,Ltd. to Report Q3, 2023 Results on Feb 13, 2023 New Cosmos Electric Co.,Ltd. announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Hirozumi Hirota was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥106 (vs JP¥83.32 in 2Q 2022) Second quarter 2023 results: EPS: JP¥106 (up from JP¥83.32 in 2Q 2022). Revenue: JP¥10.0b (up 20% from 2Q 2022). Net income: JP¥1.31b (up 27% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Sep 02
New Cosmos Electric Co.,Ltd. to Report Q2, 2023 Results on Nov 11, 2022 New Cosmos Electric Co.,Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥51.88 (vs JP¥50.57 in 1Q 2022) First quarter 2023 results: EPS: JP¥51.88 (up from JP¥50.57 in 1Q 2022). Revenue: JP¥8.02b (up 5.2% from 1Q 2022). Net income: JP¥640.0m (up 2.2% from 1Q 2022). Profit margin: 8.0% (down from 8.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jun 01
New Cosmos Electric Co.,Ltd. to Report Q1, 2023 Results on Aug 10, 2022 New Cosmos Electric Co.,Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥305 (vs JP¥199 in FY 2021) Full year 2022 results: EPS: JP¥305 (up from JP¥199 in FY 2021). Revenue: JP¥34.3b (up 16% from FY 2021). Net income: JP¥3.78b (up 54% from FY 2021). Profit margin: 11% (up from 8.3% 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 37% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • May 14
New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 28, 2022 New Cosmos Electric Co.,Ltd., Annual General Meeting, Jun 28, 2022. 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. 8 non-independent directors. Independent Outside Director Masao Nomura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
New Cosmos Electric Co.,Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 New Cosmos Electric Co.,Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥63.21 (up from JP¥60.17 in 3Q 2021). Revenue: JP¥8.42b (up 7.7% from 3Q 2021). Net income: JP¥783.0m (up 5.1% from 3Q 2021). Profit margin: 9.3% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 19
Second quarter 2022 earnings released: EPS JP¥83.32 (vs JP¥56.79 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.35b (up 17% from 2Q 2021). Net income: JP¥1.03b (up 47% from 2Q 2021). Profit margin: 12% (up from 9.8% 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 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥50.56 (vs JP¥3.96 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.63b (up 37% from 1Q 2021). Net income: JP¥626.0m (up JP¥577.0m from 1Q 2021). Profit margin: 8.2% (up from 0.9% 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 14% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥199 (vs JP¥119 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥29.6b (up 6.5% from FY 2020). Net income: JP¥2.46b (up 67% from FY 2020). Profit margin: 8.3% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. 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 12% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,645, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 91% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.1%). Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS JP¥60.17 (vs JP¥17.86 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥7.82b (up 24% from 3Q 2020). Net income: JP¥745.0m (up 237% from 3Q 2020). Profit margin: 9.5% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,470, the stock is trading at a trailing P/E ratio of 19.2x, up from the previous P/E ratio of 16.5x. 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 59%. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 33% share price gain to JP¥2,781, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 16.2x. 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 91%. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥2,281 The company is up 31% from its price of JP¥1,735 on 12 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥2,177, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 13.7x. 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 51%. Announcement • Dec 12
New Cosmos Electric Co.,Ltd. to Report Q3, 2021 Results on Feb 15, 2021 New Cosmos Electric Co.,Ltd. announced that they will report Q3, 2021 results on Feb 15, 2021 Is New 90 Day High Low • Dec 09
New 90-day high: JP¥1,790 The company is up 1.0% from its price of JP¥1,775 on 10 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. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS JP¥56.79 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥7.16b (flat on 2Q 2020). Net income: JP¥703.0m (up 24% from 2Q 2020). Profit margin: 9.8% (up from 7.9% in 2Q 2020). The increase in margin was driven by lower expenses. 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 2% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 13
New 90-day low: JP¥1,578 The company is down 12% from its price of JP¥1,786 on 14 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Announcement • Oct 10
New Cosmos Electric Co.,Ltd. to Report Q2, 2021 Results on Nov 13, 2020 New Cosmos Electric Co.,Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jul 05
New Cosmos Electric Co.,Ltd. to Report Q1, 2021 Results on Aug 07, 2020 New Cosmos Electric Co.,Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020