Upcoming Dividend • Jun 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.0%). Reported Earnings • May 08
First quarter 2026 earnings released: EPS: JP¥82.60 (vs JP¥48.21 in 1Q 2025) First quarter 2026 results: EPS: JP¥82.60 (up from JP¥48.21 in 1Q 2025). Revenue: JP¥30.3b (up 30% from 1Q 2025). Net income: JP¥1.74b (up 67% from 1Q 2025). Profit margin: 5.7% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,380, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 188% over the past three years. Declared Dividend • Apr 11
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 07
Full year 2025 earnings released: EPS: JP¥465 (vs JP¥197 in FY 2024) Full year 2025 results: EPS: JP¥465 (up from JP¥197 in FY 2024). Revenue: JP¥103.1b (up 10% from FY 2024). Net income: JP¥4.92b (up 12% from FY 2024). Profit margin: 4.8% (up from 4.7% 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 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Daitron Co., Ltd., Annual General Meeting, Mar 30, 2026 Daitron Co., Ltd., Annual General Meeting, Mar 30, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: JP¥88.21 (vs JP¥62.21 in 3Q 2024) Third quarter 2025 results: EPS: JP¥88.21 (up from JP¥62.21 in 3Q 2024). Revenue: JP¥24.0b (up 9.8% from 3Q 2024). Net income: JP¥929.0m (up 34% from 3Q 2024). Profit margin: 3.9% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% 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 • Sep 09
First half dividend of JP¥90.00 announced Shareholders will receive a dividend of JP¥90.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: JP¥144 (vs JP¥100 in 2Q 2024) Second quarter 2025 results: EPS: JP¥144 (up from JP¥100 in 2Q 2024). Revenue: JP¥25.5b (up 7.7% from 2Q 2024). Net income: JP¥1.51b (up 36% from 2Q 2024). Profit margin: 5.9% (up from 4.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%). Declared Dividend • May 03
Dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥2,649, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 70% over the past three years. Reported Earnings • Apr 05
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥395 (up from JP¥362 in FY 2023). Revenue: JP¥93.5b (up 1.5% from FY 2023). Net income: JP¥4.38b (up 9.2% from FY 2023). Profit margin: 4.7% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 6.9% 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 17% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 16
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. 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. Share price has been volatile over the past 3 months (5.1% average weekly change). Reported Earnings • Feb 08
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥395 (up from JP¥362 in FY 2023). Revenue: JP¥93.5b (up 1.5% from FY 2023). Net income: JP¥4.38b (up 9.2% from FY 2023). Profit margin: 4.7% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 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 18% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,130, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 89% over the past three years. Announcement • Jan 23
Daitron Co., Ltd. to Report Q3, 2025 Results on Nov 04, 2025 Daitron Co., Ltd. announced that they will report Q3, 2025 results on Nov 04, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. 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 (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: JP¥62.21 (vs JP¥77.46 in 3Q 2023) Third quarter 2024 results: EPS: JP¥62.21 (down from JP¥77.46 in 3Q 2023). Revenue: JP¥21.8b (down 2.6% from 3Q 2023). Net income: JP¥691.0m (down 20% from 3Q 2023). Profit margin: 3.2% (down from 3.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Announcement • Aug 27
Daitron Co., Ltd. to Report Q3, 2024 Results on Nov 01, 2024 Daitron Co., Ltd. announced that they will report Q3, 2024 results on Nov 01, 2024 Buy Or Sell Opportunity • Aug 16
Now 23% overvalued Over the last 90 days, the stock has fallen 11% to JP¥2,790. The fair value is estimated to be JP¥2,269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: JP¥100 (vs JP¥83.15 in 2Q 2023) Second quarter 2024 results: EPS: JP¥100 (up from JP¥83.15 in 2Q 2023). Revenue: JP¥23.7b (up 11% from 2Q 2023). Net income: JP¥1.12b (up 21% from 2Q 2023). Profit margin: 4.7% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% 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 11% per year whereas the company’s share price has increased by 8% per year. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%). Reported Earnings • May 08
First quarter 2024 earnings released: EPS: JP¥69.26 (vs JP¥129 in 1Q 2023) First quarter 2024 results: EPS: JP¥69.26 (down from JP¥129 in 1Q 2023). Revenue: JP¥21.1b (down 14% from 1Q 2023). Net income: JP¥769.0m (down 46% from 1Q 2023). Profit margin: 3.6% (down from 5.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% 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 increased by 20% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Feb 09
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: JP¥362 (down from JP¥382 in FY 2022). Revenue: JP¥92.2b (up 5.2% from FY 2022). Net income: JP¥4.01b (down 5.3% from FY 2022). Profit margin: 4.4% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 4.1% 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 increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jan 17
Daitron Co., Ltd., Annual General Meeting, Mar 28, 2024 Daitron Co., Ltd., Annual General Meeting, Mar 28, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥65.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%). Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: JP¥77.45 (vs JP¥101 in 3Q 2022) Third quarter 2023 results: EPS: JP¥77.45 (down from JP¥101 in 3Q 2022). Revenue: JP¥22.4b (up 3.3% from 3Q 2022). Net income: JP¥860.0m (down 24% from 3Q 2022). Profit margin: 3.8% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% 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 increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. New Risk • Aug 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: JP¥83.14 (vs JP¥89.84 in 2Q 2022) Second quarter 2023 results: EPS: JP¥83.14 (down from JP¥89.84 in 2Q 2022). Revenue: JP¥21.4b (flat on 2Q 2022). Net income: JP¥923.0m (down 7.4% from 2Q 2022). Profit margin: 4.3% (down from 4.7% in 2Q 2022). Revenue is forecast to grow 6.5% 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 34% 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 • Jun 22
Upcoming dividend of JP¥50.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Reported Earnings • May 12
First quarter 2023 earnings released: EPS: JP¥129 (vs JP¥106 in 1Q 2022) First quarter 2023 results: EPS: JP¥129 (up from JP¥106 in 1Q 2022). Revenue: JP¥24.4b (up 15% from 1Q 2022). Net income: JP¥1.43b (up 22% from 1Q 2022). Profit margin: 5.9% (up from 5.6% 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 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥382 (vs JP¥266 in FY 2021) Full year 2022 results: EPS: JP¥382 (up from JP¥266 in FY 2021). Revenue: JP¥87.6b (up 21% from FY 2021). Net income: JP¥4.24b (up 44% from FY 2021). Profit margin: 4.8% (up from 4.1% 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 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jan 13
Daitron Co., Ltd. to Report Q3, 2023 Results on Nov 02, 2023 Daitron Co., Ltd. announced that they will report Q3, 2023 results on Nov 02, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 2.7% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%). Announcement • Nov 29
Daitron Co., Ltd., Annual General Meeting, Mar 30, 2023 Daitron Co., Ltd., Annual General Meeting, Mar 30, 2023. Reported Earnings • Nov 17
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: JP¥21.7b (up 26% from 3Q 2021). Net income: JP¥1.13b (up 100% from 3Q 2021). Profit margin: 5.2% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
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. Director Akihiko Imaya 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. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: JP¥101 (vs JP¥50.64 in 3Q 2021) Third quarter 2022 results: EPS: JP¥101 (up from JP¥50.64 in 3Q 2021). Revenue: JP¥21.7b (up 26% from 3Q 2021). Net income: JP¥1.13b (up 100% from 3Q 2021). Profit margin: 5.2% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: JP¥89.83 (vs JP¥90.89 in 2Q 2021) Second quarter 2022 results: EPS: JP¥89.83 (down from JP¥90.89 in 2Q 2021). Revenue: JP¥21.3b (up 14% from 2Q 2021). Net income: JP¥997.0m (down 1.1% from 2Q 2021). Profit margin: 4.7% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • May 11
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: JP¥106 (up from JP¥49.77 in 1Q 2021). Revenue: JP¥21.2b (up 34% from 1Q 2021). Net income: JP¥1.18b (up 114% from 1Q 2021). Profit margin: 5.6% (up from 3.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. 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 18% per year. 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. Director Akihiko Imaya 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. Reported Earnings • Feb 08
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: JP¥266 (up from JP¥145 in FY 2020). Revenue: JP¥72.3b (up 26% from FY 2020). Net income: JP¥2.95b (up 83% from FY 2020). Profit margin: 4.1% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 12%, compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS JP¥50.64 (vs JP¥21.64 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥17.3b (up 31% from 3Q 2020). Net income: JP¥562.0m (up 134% from 3Q 2020). Profit margin: 3.3% (up from 1.8% in 3Q 2020). 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 increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥2,415, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS JP¥90.87 (vs JP¥22.64 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥18.7b (up 47% from 2Q 2020). Net income: JP¥1.01b (up 302% from 2Q 2020). Profit margin: 5.4% (up from 2.0% in 2Q 2020). 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 fallen by 1% per year. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 September 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.2%). Reported Earnings • May 09
First quarter 2021 earnings released: EPS JP¥49.77 (vs JP¥50.14 in 1Q 2020) The company reported a mediocre first quarter result with flat earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥15.8b (flat on 1Q 2020). Net income: JP¥552.0m (flat on 1Q 2020). Profit margin: 3.5% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS JP¥145 (vs JP¥196 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥57.4b (down 6.8% from FY 2019). Net income: JP¥1.61b (down 26% from FY 2019). Profit margin: 2.8% (down from 3.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year. Is New 90 Day High Low • Feb 26
New 90-day low: JP¥1,441 The company is down 5.0% from its price of JP¥1,515 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. Reported Earnings • Feb 07
Full year 2020 earnings released: EPS JP¥145 (vs JP¥196 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥57.4b (down 6.8% from FY 2019). Net income: JP¥1.61b (down 26% from FY 2019). Profit margin: 2.8% (down from 3.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 07
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to stay flat compared to a 9.0% growth forecast for the Electronic industry in Japan. Is New 90 Day High Low • Feb 03
New 90-day high: JP¥1,690 The company is up 15% from its price of JP¥1,471 on 05 November 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 23% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥1,688 The company is up 13% from its price of JP¥1,493 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 21% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥30.00 Per Share Will be paid on the 31st of March to those who are registered shareholders by the 29th of December. The trailing yield of 3.2% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.2%). Is New 90 Day High Low • Dec 14
New 90-day high: JP¥1,615 The company is up 10.0% from its price of JP¥1,469 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 14% over the same period. Announcement • Nov 18
Daitron Co., Ltd., Annual General Meeting, Mar 30, 2021 Daitron Co., Ltd., Annual General Meeting, Mar 30, 2021.