Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥486, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 179% over the past three years. Board Change • Jun 11
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. 3 non-independent directors. GM of President's Office, Administration Officer & Director Isao Ijuin was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: JP¥18.65 (vs JP¥8.70 in FY 2025) Full year 2026 results: EPS: JP¥18.65 (up from JP¥8.70 in FY 2025). Revenue: JP¥4.47b (up 28% from FY 2025). Net income: JP¥133.0m (up 115% from FY 2025). Profit margin: 3.0% (up from 1.8% 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 113% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥450, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥618, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 149% over the past three years. Reported Earnings • Apr 16
Full year 2026 earnings released: EPS: JP¥18.65 (vs JP¥8.70 in FY 2025) Full year 2026 results: EPS: JP¥18.65 (up from JP¥8.70 in FY 2025). Revenue: JP¥4.47b (up 28% from FY 2025). Net income: JP¥133.0m (up 115% from FY 2025). Profit margin: 3.0% (up from 1.8% 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 113% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥640, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 159% over the past three years. Announcement • Apr 14
Tokyo Koki Co. Ltd., Annual General Meeting, May 28, 2026 Tokyo Koki Co. Ltd., Annual General Meeting, May 28, 2026. Announcement • Apr 07
Tokyo Koki Co. Ltd. to Report Fiscal Year 2026 Results on Apr 14, 2026 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2026 results on Apr 14, 2026 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥650, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 278% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥790, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 336% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥400, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 126% over the past three years. Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: JP¥3.09 (vs JP¥1.96 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥3.09 (up from JP¥1.96 loss in 3Q 2025). Revenue: JP¥1.05b (up 65% from 3Q 2025). Net income: JP¥22.0m (up JP¥36.0m from 3Q 2025). Profit margin: 2.1% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥342, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥322, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 53% over the past three years. Announcement • Dec 02
Tokyo Koki Co. Ltd. to Report Q3, 2026 Results on Jan 14, 2026 Tokyo Koki Co. Ltd. announced that they will report Q3, 2026 results on Jan 14, 2026 Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥261, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 14% over the past three years. Reported Earnings • Oct 11
Second quarter 2026 earnings released: JP¥4.21 loss per share (vs JP¥9.26 loss in 2Q 2025) Second quarter 2026 results: JP¥4.21 loss per share (improved from JP¥9.26 loss in 2Q 2025). Revenue: JP¥1.01b (up 44% from 2Q 2025). Net loss: JP¥30.0m (loss narrowed 55% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥1.89b market cap, or US$12.9m). Announcement • Aug 02
Tokyo Koki Co. Ltd. to Report Q2, 2026 Results on Oct 14, 2025 Tokyo Koki Co. Ltd. announced that they will report Q2, 2026 results on Oct 14, 2025 Reported Earnings • Jul 16
First quarter 2026 earnings released: EPS: JP¥1.12 (vs JP¥3.51 in 1Q 2025) First quarter 2026 results: EPS: JP¥1.12 (down from JP¥3.51 in 1Q 2025). Revenue: JP¥833.0m (up 4.1% from 1Q 2025). Net income: JP¥8.00m (down 68% from 1Q 2025). Profit margin: 1.0% (down from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥8.70 (vs JP¥12.76 in FY 2024) Full year 2025 results: EPS: JP¥8.70 (down from JP¥12.76 in FY 2024). Revenue: JP¥3.48b (up 3.5% from FY 2024). Net income: JP¥62.0m (down 32% from FY 2024). Profit margin: 1.8% (down from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • May 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥1.93b market cap, or US$13.4m). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥257, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 6.5% over the past three years. Announcement • Apr 26
Tokyo Koki Co. Ltd. to Report Q1, 2026 Results on Jul 14, 2025 Tokyo Koki Co. Ltd. announced that they will report Q1, 2026 results on Jul 14, 2025 New Risk • Apr 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 58% 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 (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥1.59b market cap, or US$11.1m). Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: JP¥8.70 (vs JP¥12.76 in FY 2024) Full year 2025 results: EPS: JP¥8.70 (down from JP¥12.76 in FY 2024). Revenue: JP¥3.48b (up 3.5% from FY 2024). Net income: JP¥62.0m (down 32% from FY 2024). Profit margin: 1.8% (down from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 14
Tokyo Koki Co. Ltd., Annual General Meeting, May 28, 2025 Tokyo Koki Co. Ltd., Annual General Meeting, May 28, 2025. Announcement • Apr 02
Tokyo Koki Co. Ltd. (TSE:7719) completed the acquisition of 54.57% stake in Advanced Simulation Technology Of Mechanics R&D, Co. Ltd TrialPark Co.,Ltd., Ikegami Mold Engineering Co. Ltd and others for approximately ¥370 million. Tokyo Koki Co. Ltd. (TSE:7719) entered into a basic agreement to acquire unknown stake in Advanced Simulation Technology Of Mechanics R&D, Co. Ltd on March 18, 2024. Tokyo Koki Co. Ltd. (TSE:7719) entered into capital and business alliance agreement to acquire 50.04% stake in Advanced Simulation Technology Of Mechanics R&D, Co. Ltd from TrialPark Co.,Ltd., Ikegami Mold Engineering Co. Ltd and employees of Advanced Simulation Technology Of Mechanics R&D, Co. Ltd for ¥340 million on February 3, 2025. For the period ended March 31, 2023 Advanced Simulation Technology Of Mechanics R&D, Co. Ltd reported sales of ¥760 million, operating profit of ¥100 million, net income of ¥45 million, net assets of ¥270 million and total assets of ¥650 million. The transaction is expected to close on March 31, 2025.
Tokyo Koki Co. Ltd. (TSE:7719) completed the acquisition of 54.57% stake in Advanced Simulation Technology Of Mechanics R&D, Co. Ltd TrialPark Co.,Ltd., Ikegami Mold Engineering Co. Ltd and others for approximately ¥370 million on March 31, 2025. Announcement • Feb 03
Tokyo Koki Co. Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: JP¥1.96 loss per share (vs JP¥14.17 profit in 3Q 2024) Third quarter 2025 results: JP¥1.96 loss per share (down from JP¥14.17 profit in 3Q 2024). Revenue: JP¥638.0m (down 3.5% from 3Q 2024). Net loss: JP¥14.0m (down 114% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year. New Risk • Jan 01
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 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (JP¥1.32b market cap, or US$8.40m). Minor Risk Share price has been volatile over the past 3 months (5.0% average weekly change). Announcement • Oct 26
Tokyo Koki Co. Ltd. to Report Q3, 2025 Results on Jan 14, 2025 Tokyo Koki Co. Ltd. announced that they will report Q3, 2025 results on Jan 14, 2025 Reported Earnings • Oct 18
Second quarter 2025 earnings released: JP¥9.26 loss per share (vs JP¥11.50 profit in 2Q 2024) Second quarter 2025 results: JP¥9.26 loss per share (down from JP¥11.50 profit in 2Q 2024). Revenue: JP¥699.0m (down 20% from 2Q 2024). Net loss: JP¥66.0m (down 181% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 18
Now 21% overvalued Over the last 90 days, the stock has fallen 7.1% to JP¥197. The fair value is estimated to be JP¥163, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Meanwhile, the company became loss making. 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 Risks No financial data reported. Market cap is less than US$10m (JP¥1.36b market cap, or US$9.68m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥163, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 41% over the past three years. Announcement • Jul 29
Tokyo Koki Co. Ltd. to Report Q2, 2025 Results on Oct 15, 2024 Tokyo Koki Co. Ltd. announced that they will report Q2, 2025 results on Oct 15, 2024 Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥3.51 (vs JP¥3.23 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥3.51 (up from JP¥3.23 loss in 1Q 2024). Revenue: JP¥800.0m (down 5.0% from 1Q 2024). Net income: JP¥25.0m (up JP¥48.0m from 1Q 2024). Profit margin: 3.1% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥249, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 13x in the Electronic industry in Japan. Total loss to shareholders of 15% over the past three years. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥12.76 (vs JP¥97.88 loss in FY 2023) Full year 2024 results: EPS: JP¥12.76 (up from JP¥97.88 loss in FY 2023). Revenue: JP¥3.37b (up 10% from FY 2023). Net income: JP¥91.0m (up JP¥789.0m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • May 04
Full year 2024 earnings released: EPS: JP¥12.76 (vs JP¥97.88 loss in FY 2023) Full year 2024 results: EPS: JP¥12.76 (up from JP¥97.88 loss in FY 2023). Revenue: JP¥3.37b (up 10% from FY 2023). Net income: JP¥91.0m (up JP¥789.0m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Tokyo Koki Co. Ltd. to Report Q1, 2025 Results on Jul 12, 2024 Tokyo Koki Co. Ltd. announced that they will report Q1, 2025 results on Jul 12, 2024 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥282, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 1.8% over the past three years. Board Change • Mar 12
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Masao Ueno is the most experienced director on the board, commencing their role in 2020. Independent Outside Director Yasushi Suzuki was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 31
Tokyo Koki Co. Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥13.88 (vs JP¥94.95 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.88 (up from JP¥94.95 loss in 3Q 2023). Revenue: JP¥661.0m (down 6.0% from 3Q 2023). Net income: JP¥99.0m (up JP¥776.0m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Oct 29
Tokyo Koki Co. Ltd. to Report Q3, 2024 Results on Jan 12, 2024 Tokyo Koki Co. Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024 New Risk • Oct 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 54% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥1.55b market cap, or US$10.3m). Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥11.36 (vs JP¥3.65 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.36 (up from JP¥3.65 in 2Q 2023). Revenue: JP¥874.0m (up 19% from 2Q 2023). Net income: JP¥81.0m (up 212% from 2Q 2023). Profit margin: 9.3% (up from 3.5% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Aug 30
Tokyo Koki Co. Ltd. to Report Q2, 2024 Results on Oct 13, 2023 Tokyo Koki Co. Ltd. announced that they will report Q2, 2024 results on Oct 13, 2023 Reported Earnings • Jul 16
First quarter 2024 earnings released: JP¥2.81 loss per share (vs JP¥2.67 profit in 1Q 2023) First quarter 2024 results: JP¥2.81 loss per share (down from JP¥2.67 profit in 1Q 2023). Revenue: JP¥842.0m (up 21% from 1Q 2023). Net loss: JP¥20.0m (down 205% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • May 30
Full year 2023 earnings released: JP¥97.88 loss per share (vs JP¥16.97 profit in FY 2022) Full year 2023 results: JP¥97.88 loss per share (down from JP¥16.97 profit in FY 2022). Revenue: JP¥3.05b (down 24% from FY 2022). Net loss: JP¥698.0m (down JP¥819.0m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 09
Third quarter 2023 earnings released: JP¥94.64 loss per share (vs JP¥7.85 profit in 3Q 2022) Third quarter 2023 results: JP¥94.64 loss per share (down from JP¥7.85 profit in 3Q 2022). Revenue: JP¥669.0m (down 65% from 3Q 2022). Net loss: JP¥675.0m (down JP¥731.0m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Jan 31
Tokyo Koki Co. Ltd. to Report Fiscal Year 2023 Results on Apr 14, 2023 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2023 results on Apr 14, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taizo Fujita 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 • Oct 31
Tokyo Koki Co. Ltd. to Report Q3, 2023 Results on Jan 13, 2023 Tokyo Koki Co. Ltd. announced that they will report Q3, 2023 results on Jan 13, 2023 Reported Earnings • Oct 17
Second quarter 2023 earnings released: EPS: JP¥3.37 (vs JP¥7.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥3.37 (down from JP¥7.71 in 2Q 2022). Revenue: JP¥748.0m (down 66% from 2Q 2022). Net income: JP¥24.0m (down 56% from 2Q 2022). Profit margin: 3.2% (up from 2.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jul 31
Tokyo Koki Co. Ltd. to Report Q2, 2023 Results on Oct 14, 2022 Tokyo Koki Co. Ltd. announced that they will report Q2, 2023 results on Oct 14, 2022 Reported Earnings • Jul 18
First quarter 2023 earnings released: EPS: JP¥2.66 (vs JP¥5.19 in 1Q 2022) First quarter 2023 results: EPS: JP¥2.66 (down from JP¥5.19 in 1Q 2022). Revenue: JP¥717.0m (down 54% from 1Q 2022). Net income: JP¥19.0m (down 49% from 1Q 2022). Profit margin: 2.6% (up from 2.4% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥16.97 (vs JP¥42.49 in FY 2021) Full year 2022 results: EPS: JP¥16.97 (down from JP¥42.49 in FY 2021). Revenue: JP¥7.45b (down 11% from FY 2021). Net income: JP¥121.0m (down 60% from FY 2021). Profit margin: 1.6% (down from 3.6% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 02
Tokyo Koki Co. Ltd. to Report Q1, 2023 Results on Jul 15, 2022 Tokyo Koki Co. Ltd. announced that they will report Q1, 2023 results on Jul 15, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taizo Fujita 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 16
Tokyo Koki Co. Ltd., Annual General Meeting, May 26, 2022 Tokyo Koki Co. Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: JP¥16.97 (vs JP¥42.49 in FY 2021) Full year 2022 results: EPS: JP¥16.97 (down from JP¥42.49 in FY 2021). Revenue: JP¥7.45b (down 11% from FY 2021). Net income: JP¥121.0m (down 60% from FY 2021). Profit margin: 1.6% (down from 3.6% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥302, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 11% over the past three years. Announcement • Jan 30
Tokyo Koki Co. Ltd. to Report Fiscal Year 2022 Results on Apr 14, 2022 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2022 results on Apr 14, 2022 Reported Earnings • Jan 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥7.85 (up from JP¥3.93 in 3Q 2021). Revenue: JP¥1.93b (flat on 3Q 2021). Net income: JP¥56.0m (up 100% from 3Q 2021). Profit margin: 2.9% (up from 1.4% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Oct 17
Second quarter 2022 earnings released: EPS JP¥7.71 (vs JP¥6.31 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.17b (up 18% from 2Q 2021). Net income: JP¥55.0m (up 22% from 2Q 2021). Profit margin: 2.5% (up from 2.4% 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 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JP¥272, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 22% over the past three years. Reported Earnings • Jul 18
First quarter 2022 earnings released: EPS JP¥5.19 (vs JP¥15.71 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.56b (down 31% from 1Q 2021). Net income: JP¥37.0m (down 67% from 1Q 2021). Profit margin: 2.4% (down from 4.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2021 earnings released: EPS JP¥42.49 (vs JP¥42.49 in FY 2020) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: JP¥8.32b (up 12% from FY 2020). Net income: JP¥303.0m (flat on FY 2020). Profit margin: 3.6% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥343, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 12% over the past three years. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS JP¥42.49 (vs JP¥42.49 in FY 2020) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: JP¥8.32b (up 12% from FY 2020). Net income: JP¥303.0m (flat on FY 2020). Profit margin: 3.6% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Feb 04
Tokyo Koki Co. Ltd. to Report Fiscal Year 2021 Results on Apr 14, 2021 Tokyo Koki Co. Ltd. announced that they will report fiscal year 2021 results on Apr 14, 2021 Reported Earnings • Jan 15
Third quarter 2021 earnings released: EPS JP¥3.93 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.93b (down 10% from 3Q 2020). Net income: JP¥28.0m (down 62% from 3Q 2020). Profit margin: 1.4% (down from 3.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 04
New 90-day low: JP¥237 The company is down 25% from its price of JP¥318 on 06 October 2020. The Japanese market is up 10.0% 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. Announcement • Aug 10
Tokyo Koki Co. Ltd. to Report Q2, 2021 Results on Oct 15, 2020 Tokyo Koki Co. Ltd. announced that they will report Q2, 2021 results on Oct 15, 2020