Reported Earnings • May 15
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥216 (down from JP¥236 in FY 2025). Revenue: JP¥69.3b (up 3.3% from FY 2025). Net income: JP¥5.92b (down 8.4% from FY 2025). Profit margin: 8.5% (down from 9.6% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 14
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 7.9% 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 (7.9% average weekly change). Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,468, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 92% over the past three years. Announcement • May 13
A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2026 A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2026. Announcement • May 10
A&D HOLON Holdings Company, Limited to Report Fiscal Year 2026 Results on May 13, 2026 A&D HOLON Holdings Company, Limited announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Price Target Changed • Mar 04
Price target increased by 14% to JP¥3,067 Up from JP¥2,700, the current price target is an average from 3 analysts. New target price is 20% above last closing price of JP¥2,563. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥214 for next year compared to JP¥236 last year. Reported Earnings • Feb 07
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: EPS: JP¥61.78 (down from JP¥80.71 in 3Q 2025). Revenue: JP¥18.3b (up 2.9% from 3Q 2025). Net income: JP¥1.69b (down 24% from 3Q 2025). Profit margin: 9.3% (down from 13% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. 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 26% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 05
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 02
A&D HOLON Holdings Company, Limited to Report Q3, 2026 Results on Feb 06, 2026 A&D HOLON Holdings Company, Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: EPS: JP¥33.21 (down from JP¥52.61 in 2Q 2025). Revenue: JP¥15.8b (down 3.9% from 2Q 2025). Net income: JP¥909.0m (down 37% from 2Q 2025). Profit margin: 5.7% (down from 8.8% in 2Q 2025). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Sep 06
Price target decreased by 8.5% to JP¥2,867 Down from JP¥3,133, the current price target is an average from 3 analysts. New target price is 43% above last closing price of JP¥2,006. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥238 for next year compared to JP¥236 last year. Announcement • Sep 03
A&D HOLON Holdings Company, Limited to Report Q2, 2026 Results on Nov 07, 2025 A&D HOLON Holdings Company, Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2026 results: EPS: JP¥29.04 (up from JP¥11.75 in 1Q 2025). Revenue: JP¥14.6b (up 4.6% from 1Q 2025). Net income: JP¥795.0m (up 146% from 1Q 2025). Profit margin: 5.5% (up from 2.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Jun 18
Price target decreased by 7.8% to JP¥3,167 Down from JP¥3,433, the current price target is an average from 3 analysts. New target price is 62% above last closing price of JP¥1,956. Stock is down 32% over the past year. The company is forecast to post earnings per share of JP¥239 for next year compared to JP¥236 last year. Announcement • Jun 03
A&D HOLON Holdings Company, Limited to Report Q1, 2026 Results on Aug 05, 2025 A&D HOLON Holdings Company, Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,009, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 118% over the past three years. Reported Earnings • May 15
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥236 (up from JP¥193 in FY 2024). Revenue: JP¥67.1b (up 8.3% from FY 2024). Net income: JP¥6.47b (up 22% from FY 2024). Profit margin: 9.6% (up from 8.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2025 A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,548, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 87% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 04
A&D HOLON Holdings Company, Limited to Report Fiscal Year 2025 Results on May 13, 2025 A&D HOLON Holdings Company, Limited announced that they will report fiscal year 2025 results on May 13, 2025 New Risk • Feb 10
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 5.2% 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 (5.2% average weekly change). Reported Earnings • Feb 08
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥80.71 (up from JP¥54.00 in 3Q 2024). Revenue: JP¥17.7b (up 17% from 3Q 2024). Net income: JP¥2.22b (up 49% from 3Q 2024). Profit margin: 13% (up from 9.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.2%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 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 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 05
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: JP¥52.61 (up from JP¥47.83 in 2Q 2024). Revenue: JP¥16.5b (up 3.2% from 2Q 2024). Net income: JP¥1.45b (up 10.0% from 2Q 2024). Profit margin: 8.8% (up from 8.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 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 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 27
A&D HOLON Holdings Company, Limited to Report Q2, 2025 Results on Nov 08, 2024 A&D HOLON Holdings Company, Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,176, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 105% over the past three years. Reported Earnings • Aug 07
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: JP¥11.75 (down from JP¥30.45 in 1Q 2024). Revenue: JP¥13.9b (up 3.9% from 1Q 2024). Net income: JP¥323.0m (down 61% from 1Q 2024). Profit margin: 2.3% (down from 6.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 5.9% 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 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥1,974, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 95% over the past three years. New Risk • Aug 02
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 7.5% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jul 18
Now 26% undervalued Over the last 90 days, the stock has risen 14% to JP¥2,925. The fair value is estimated to be JP¥3,968, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,475, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 286% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,941 per share. Announcement • Jun 29
A&D HOLON Holdings Company, Limited to Report Q1, 2025 Results on Aug 05, 2024 A&D HOLON Holdings Company, Limited announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 18
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥193 (down from JP¥201 in FY 2023). Revenue: JP¥62.0b (up 5.0% from FY 2023). Net income: JP¥5.30b (down 4.1% from FY 2023). Profit margin: 8.6% (down from 9.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 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 10% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2024 A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 25, 2024. New Risk • Apr 17
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 5.9% 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. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.4%). Announcement • Mar 06
A&D HOLON Holdings Company, Limited to Report Fiscal Year 2024 Results on May 14, 2024 A&D HOLON Holdings Company, Limited announced that they will report fiscal year 2024 results on May 14, 2024 Price Target Changed • Feb 28
Price target increased by 14% to JP¥2,650 Up from JP¥2,333, the current price target is an average from 2 analysts. New target price is 12% above last closing price of JP¥2,356. Stock is up 67% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥201 last year. Reported Earnings • Feb 09
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: JP¥53.99 (down from JP¥74.97 in 3Q 2023). Revenue: JP¥15.1b (flat on 3Q 2023). Net income: JP¥1.48b (down 28% from 3Q 2023). Profit margin: 9.8% (down from 14% in 3Q 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 48%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 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 11% per year whereas the company’s share price has increased by 13% per year. Announcement • Nov 29
A&D HOLON Holdings Company, Limited to Report Q3, 2024 Results on Feb 07, 2024 A&D HOLON Holdings Company, Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: JP¥47.83 (down from JP¥59.19 in 2Q 2023). Revenue: JP¥15.9b (up 5.1% from 2Q 2023). Net income: JP¥1.31b (down 19% from 2Q 2023). Profit margin: 8.2% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 3.9%. Revenue is forecast to grow 4.3% 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 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,753, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,617 per share. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Board Change • Sep 05
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. 3 non-independent directors. Independent Outside Director Yasuhiro Daisho was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 31
A&D HOLON Holdings Company, Limited to Report Q2, 2024 Results on Nov 07, 2023 A&D HOLON Holdings Company, Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: JP¥30.45 (up from JP¥5.80 loss in 1Q 2023). Revenue: JP¥13.4b (up 12% from 1Q 2023). Net income: JP¥836.0m (up JP¥995.0m from 1Q 2023). Profit margin: 6.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
A&D HOLON Holdings Company, Limited to Report Q1, 2024 Results on Aug 04, 2023 A&D HOLON Holdings Company, Limited announced that they will report Q1, 2024 results on Aug 04, 2023 Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,658, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 143% over the past three years. Announcement • May 17
A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 27, 2023 A&D HOLON Holdings Company, Limited, Annual General Meeting, Jun 27, 2023. Reported Earnings • May 16
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥201 (up from JP¥173 in FY 2022). Revenue: JP¥59.0b (up 14% from FY 2022). Net income: JP¥5.52b (up 55% from FY 2022). Profit margin: 9.4% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than 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¥74.96 (vs JP¥38.54 in 3Q 2022) Third quarter 2023 results: EPS: JP¥74.96 (up from JP¥38.54 in 3Q 2022). Revenue: JP¥15.1b (up 12% from 3Q 2022). Net income: JP¥2.06b (up 158% from 3Q 2022). Profit margin: 14% (up from 5.9% in 3Q 2022). The increase in margin was driven by higher revenue. 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 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,239, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 33% over the past three years. Announcement • Dec 01
A&D HOLON Holdings Company, Limited to Report Q3, 2023 Results on Feb 07, 2023 A&D HOLON Holdings Company, Limited announced that they will report Q3, 2023 results on Feb 07, 2023 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. 8 non-independent directors. Senior Executive Officer & Director Tsuneo Suzuki was the last director to join the board, commencing their role in 2022. The company's lack 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¥59.19 (vs JP¥38.34 in 2Q 2022) Second quarter 2023 results: EPS: JP¥59.19 (up from JP¥38.34 in 2Q 2022). Revenue: JP¥15.2b (up 23% from 2Q 2022). Net income: JP¥1.62b (up 105% from 2Q 2022). Profit margin: 11% (up from 6.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 06
First quarter 2023 earnings released: JP¥5.80 loss per share (vs JP¥27.63 profit in 1Q 2022) First quarter 2023 results: JP¥5.80 loss per share (down from JP¥27.63 profit in 1Q 2022). Revenue: JP¥12.0b (up 3.8% from 1Q 2022). Net loss: JP¥159.0m (down 128% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 2.6%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
A&D HOLON Holdings Company Limited to Report Q1, 2023 Results on Aug 04, 2022 A&D HOLON Holdings Company Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥999, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 38% over the past three years. Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥173 (up from JP¥162 in FY 2021). Revenue: JP¥51.7b (up 6.8% from FY 2021). Net income: JP¥3.57b (up 7.0% from FY 2021). Profit margin: 6.9% (in line with FY 2021). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 55%. Over the next year, revenue is expected to shrink by 5.2% compared to a 8.2% growth forecast for the 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 8% per year, which means it is significantly lagging earnings growth. Announcement • May 14
A&D HOLON Holdings Company Limited, Annual General Meeting, Jun 24, 2022 A&D HOLON Holdings Company Limited, Annual General Meeting, Jun 24, 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. 6 non-independent directors. Director Steven Plunkett was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
A&D HOLON Holdings Company Limited to Report Fiscal Year 2022 Results on May 12, 2022 A&D HOLON Holdings Company Limited announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥855, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 20% over the past three years. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥38.53 (down from JP¥52.07 in 3Q 2021). Revenue: JP¥13.4b (up 4.4% from 3Q 2021). Net income: JP¥797.0m (down 26% from 3Q 2021). Profit margin: 5.9% (down from 8.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 7.9%, 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 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥1,118, 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 46% over the past three years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥38.34 (vs JP¥51.53 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥12.6b (up 3.0% from 2Q 2021). Net income: JP¥793.0m (down 25% from 2Q 2021). Profit margin: 6.3% (down from 8.7% 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 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.4%. Lower than 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¥27.63 (vs JP¥4.02 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.5b (up 18% from 1Q 2021). Net income: JP¥570.0m (up JP¥487.0m from 1Q 2021). Profit margin: 4.9% (up from 0.8% 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 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥162 (vs JP¥76.86 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¥48.4b (down 1.6% from FY 2020). Net income: JP¥3.34b (up 112% from FY 2020). Profit margin: 6.9% (up from 3.2% 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 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥1,030, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 11% over the past three years.