Announcement • Jun 01
KEL Corporation to Report Q1, 2027 Results on Aug 07, 2026 KEL Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥28.87 (vs JP¥55.16 in FY 2025) Full year 2026 results: EPS: JP¥28.87 (down from JP¥55.16 in FY 2025). Revenue: JP¥12.9b (up 8.3% from FY 2025). Net income: JP¥210.0m (down 48% from FY 2025). Profit margin: 1.6% (down from 3.4% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • May 12
KEL Corporation, Annual General Meeting, Jun 26, 2026 KEL Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 10
KEL Corporation to Report Fiscal Year 2026 Results on May 12, 2026 KEL Corporation announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥12.37 (vs JP¥26.68 in 3Q 2025) Third quarter 2026 results: EPS: JP¥12.37 (down from JP¥26.68 in 3Q 2025). Revenue: JP¥3.33b (up 16% from 3Q 2025). Net income: JP¥90.0m (down 54% from 3Q 2025). Profit margin: 2.7% (down from 6.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Declared Dividend • Dec 09
First half dividend of JP¥40.00 announced Dividend of JP¥40.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (177% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 97% to bring the payout ratio under control. However, EPS has declined by 14% over the last 5 years so the company would need to reverse this trend. Announcement • Dec 02
KEL Corporation to Report Q3, 2026 Results on Feb 06, 2026 KEL Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥16.96 (vs JP¥2.82 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥16.96 (up from JP¥2.82 loss in 2Q 2025). Revenue: JP¥3.14b (up 6.5% from 2Q 2025). Net income: JP¥123.4m (up JP¥143.9m from 2Q 2025). Profit margin: 3.9% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Sep 01
KEL Corporation to Report Q2, 2026 Results on Nov 10, 2025 KEL Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥1.38 (vs JP¥31.31 in 1Q 2025) First quarter 2026 results: EPS: JP¥1.38 (down from JP¥31.31 in 1Q 2025). Revenue: JP¥2.95b (down 5.4% from 1Q 2025). Net income: JP¥10.0m (down 96% from 1Q 2025). Profit margin: 0.3% (down from 7.3% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 09
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 6.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (112% earnings payout ratio) nor is it covered by cash flows (248% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 24% to bring the payout ratio under control. However, EPS has declined by 11% over the last 5 years so the company would need to reverse this trend. Announcement • May 31
KEL Corporation to Report Q1, 2026 Results on Aug 07, 2025 KEL Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥55.16 (vs JP¥117 in FY 2024) Full year 2025 results: EPS: JP¥55.16 (down from JP¥117 in FY 2024). Revenue: JP¥11.9b (down 2.9% from FY 2024). Net income: JP¥401.0m (down 53% from FY 2024). Profit margin: 3.4% (down from 7.0% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 09
KEL Corporation, Annual General Meeting, Jun 26, 2025 KEL Corporation, Annual General Meeting, Jun 26, 2025. Announcement • Mar 27
KEL Corporation to Report Fiscal Year 2025 Results on May 09, 2025 KEL Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.6%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥26.68 (vs JP¥14.59 in 3Q 2024) Third quarter 2025 results: EPS: JP¥26.68 (up from JP¥14.59 in 3Q 2024). Revenue: JP¥2.88b (down 1.9% from 3Q 2024). Net income: JP¥194.0m (up 83% from 3Q 2024). Profit margin: 6.7% (up from 3.6% 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 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 09
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to JP¥1,329. The fair value is estimated to be JP¥1,104, 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 20%. Declared Dividend • Dec 07
First half dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 6.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 20% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years. Announcement • Nov 30
KEL Corporation to Report Q3, 2025 Results on Feb 07, 2025 KEL Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: JP¥2.82 loss per share (vs JP¥32.20 profit in 2Q 2024) Second quarter 2025 results: JP¥2.82 loss per share (down from JP¥32.20 profit in 2Q 2024). Revenue: JP¥2.95b (down 3.3% from 2Q 2024). Net loss: JP¥20.5m (down 109% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Announcement • Aug 27
KEL Corporation to Report Q2, 2025 Results on Nov 08, 2024 KEL Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: JP¥31.24 (vs JP¥46.93 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.24 (down from JP¥46.93 in 1Q 2024). Revenue: JP¥3.11b (down 6.3% from 1Q 2024). Net income: JP¥227.0m (down 33% from 1Q 2024). Profit margin: 7.3% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 16% 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. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 06
KEL Corporation to Report Q1, 2025 Results on Aug 07, 2024 KEL Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥117 (vs JP¥237 in FY 2023) Full year 2024 results: EPS: JP¥117 (down from JP¥237 in FY 2023). Revenue: JP¥12.2b (down 16% from FY 2023). Net income: JP¥852.0m (down 51% from FY 2023). Profit margin: 7.0% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥48.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 09
KEL Corporation to Report Fiscal Year 2024 Results on May 09, 2024 KEL Corporation announced that they will report fiscal year 2024 results on May 09, 2024 New Risk • Feb 09
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: 8.1% Last year net profit margin: 13% 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 Profit margins are more than 30% lower than last year (8.1% net profit margin). Market cap is less than US$100m (JP¥14.1b market cap, or US$94.2m). Announcement • Feb 08
KEL Corporation Provides Dividend Guidance for the Year Ending March 31, 2024 KEL Corporation provided dividend guidance of JPY 48.00 per share for the year ending March 31, 2024 as compared to paid dividend of JPY 55.00 per share a year ago. Announcement • Nov 29
KEL Corporation to Report Q3, 2024 Results on Feb 07, 2024 KEL Corporation announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥32.20 (vs JP¥72.11 in 2Q 2023) Second quarter 2024 results: EPS: JP¥32.20 (down from JP¥72.11 in 2Q 2023). Revenue: JP¥3.05b (down 14% from 2Q 2023). Net income: JP¥234.0m (down 55% from 2Q 2023). Profit margin: 7.7% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. Announcement • Sep 22
KEL Corporation to Report Q2, 2024 Results on Nov 08, 2023 KEL Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥47.00 per share at 4.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 43% and the cash payout ratio is 100%. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥46.93 (vs JP¥64.41 in 1Q 2023) First quarter 2024 results: EPS: JP¥46.93 (down from JP¥64.41 in 1Q 2023). Revenue: JP¥3.32b (down 3.3% from 1Q 2023). Net income: JP¥341.0m (down 27% from 1Q 2023). Profit margin: 10% (down from 14% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 32% per year. Announcement • May 13
KEL Corporation, Annual General Meeting, Jun 27, 2023 KEL Corporation, Annual General Meeting, Jun 27, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥237 (vs JP¥200 in FY 2022) Full year 2023 results: EPS: JP¥237 (up from JP¥200 in FY 2022). Revenue: JP¥14.5b (up 13% from FY 2022). Net income: JP¥1.73b (up 19% from FY 2022). Profit margin: 12% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥41.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥50.37 (vs JP¥48.99 in 3Q 2022) Third quarter 2023 results: EPS: JP¥50.37 (up from JP¥48.99 in 3Q 2022). Revenue: JP¥3.87b (up 17% from 3Q 2022). Net income: JP¥366.0m (up 2.8% from 3Q 2022). Profit margin: 9.5% (down from 11% 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 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
KEL Corporation to Report Q3, 2023 Results on Feb 07, 2023 KEL Corporation announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥72.11 (vs JP¥50.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥72.11 (up from JP¥50.64 in 2Q 2022). Revenue: JP¥3.55b (up 16% from 2Q 2022). Net income: JP¥524.0m (up 42% from 2Q 2022). Profit margin: 15% (up from 12% in 2Q 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 25% per year, which means it is significantly lagging earnings growth. 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. 5 non-independent directors. Independent Outside Director Mitsuo Ota was the last independent director to join the board, commencing their role in 2019. 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¥72.11 (vs JP¥50.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥72.11 (up from JP¥50.64 in 2Q 2022). Revenue: JP¥3.55b (up 16% from 2Q 2022). Net income: JP¥524.0m (up 42% from 2Q 2022). Profit margin: 15% (up from 12% in 2Q 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 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 02
KEL Corporation to Report Q2, 2023 Results on Nov 08, 2022 KEL Corporation announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥64.41 (vs JP¥40.74 in 1Q 2022) First quarter 2023 results: EPS: JP¥64.41 (up from JP¥40.74 in 1Q 2022). Revenue: JP¥3.43b (up 11% from 1Q 2022). Net income: JP¥468.0m (up 58% from 1Q 2022). Profit margin: 14% (up from 9.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
KEL Corporation to Report Q1, 2023 Results on Aug 05, 2022 KEL Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,501, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 118% over the past three years. Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥200 (vs JP¥99.77 in FY 2021) Full year 2022 results: EPS: JP¥200 (up from JP¥99.77 in FY 2021). Revenue: JP¥12.8b (up 26% from FY 2021). Net income: JP¥1.46b (up 101% from FY 2021). Profit margin: 11% (up from 7.1% 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 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • May 13
KEL Corporation, Annual General Meeting, Jun 28, 2022 KEL Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. GM of Production Division and Manufacturing Technology Division & Director Hidenobu Yonaga was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
KEL Corporation to Report Fiscal Year 2022 Results on May 11, 2022 KEL Corporation announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥48.99 (up from JP¥15.55 in 3Q 2021). Revenue: JP¥3.31b (up 26% from 3Q 2021). Net income: JP¥356.0m (up 215% from 3Q 2021). Profit margin: 11% (up from 4.3% 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 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥50.64 (vs JP¥14.04 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥3.06b (up 36% from 2Q 2021). Net income: JP¥368.0m (up 261% from 2Q 2021). Profit margin: 12% (up from 4.5% 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 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥40.74 (vs JP¥26.70 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.10b (up 23% from 1Q 2021). Net income: JP¥296.0m (up 53% from 1Q 2021). Profit margin: 9.6% (up from 7.7% 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 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥99.77 (vs JP¥96.61 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥10.2b (down 4.0% from FY 2020). Net income: JP¥725.0m (up 3.3% from FY 2020). Profit margin: 7.1% (up from 6.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 04 June 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Mar 12
New 90-day high: JP¥985 The company is up 9.0% from its price of JP¥906 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥15.55 (vs JP¥22.71 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.62b (down 1.4% from 3Q 2020). Net income: JP¥113.0m (down 32% from 3Q 2020). Profit margin: 4.3% (down from 6.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥977 The company is up 16% from its price of JP¥845 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 22% over the same period. Announcement • Jan 07
KEL Corporation to Report Q3, 2021 Results on Feb 05, 2021 KEL Corporation announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Nov 20
New 90-day low: JP¥827 The company is down 1.0% from its price of JP¥835 on 21 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 16% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥14.04 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.26b (down 16% from 2Q 2020). Net income: JP¥102.0m (down 49% from 2Q 2020). Profit margin: 4.5% (down from 7.5% in 2Q 2020). The decrease in margin was driven by lower 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 15% per year, which means it is significantly lagging earnings. Announcement • Oct 10
KEL Corporation to Report Q2, 2021 Results on Nov 09, 2020 KEL Corporation announced that they will report Q2, 2021 results on Nov 09, 2020 Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥18.00 Per Share Will be paid on the 5th of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.4% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.3%).