TSE:8060

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Canon Marketing Japan

Market Cap

JP¥340.2b

Last Updated

2021/06/24 15:22 UTC

Data Sources

Company Financials +

Executive Summary

Canon Marketing Japan Inc. markets and sells Canon products and related solutions in Japan. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Canon Marketing Japan's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8060 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 8060's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.8%

8060

-0.7%

JP Electronic

-0.6%

JP Market


1 Year Return

16.5%

8060

27.3%

JP Electronic

23.0%

JP Market

Return vs Industry: 8060 underperformed the JP Electronic industry which returned 27.3% over the past year.

Return vs Market: 8060 underperformed the JP Market which returned 23% over the past year.


Shareholder returns

8060IndustryMarket
7 Day-0.8%-0.7%-0.6%
30 Day-0.8%4.1%1.9%
90 Day2.8%1.4%-1.2%
1 Year19.6%16.5%28.8%27.3%25.6%23.0%
3 Year22.0%13.7%40.4%34.5%20.9%12.8%
5 Year53.6%36.5%139.2%122.9%73.1%54.4%

Long-Term Price Volatility Vs. Market

How volatile is Canon Marketing Japan's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Canon Marketing Japan undervalued compared to its fair value and its price relative to the market?

13.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8060 (¥2542) is trading below our estimate of fair value (¥3042)

Significantly Below Fair Value: 8060 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 8060 is good value based on its PE Ratio (12.7x) compared to the JP Electronic industry average (16.7x).

PE vs Market: 8060 is good value based on its PE Ratio (12.7x) compared to the JP market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: 8060 is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: 8060's PB Ratio (0.9x) is in line with the JP Electronic industry average.


Future Growth

How is Canon Marketing Japan forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8060's forecast earnings growth (4.9% per year) is above the savings rate (0%).

Earnings vs Market: 8060's earnings (4.9% per year) are forecast to grow slower than the JP market (12.8% per year).

High Growth Earnings: 8060's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8060's revenue (2.4% per year) is forecast to grow slower than the JP market (5.3% per year).

High Growth Revenue: 8060's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8060's Return on Equity is forecast to be low in 3 years time (6.8%).


Past Performance

How has Canon Marketing Japan performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8060 has high quality earnings.

Growing Profit Margin: 8060's current net profit margins (4.8%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: 8060's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: 8060's earnings growth over the past year (20%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: 8060 earnings growth over the past year (20%) exceeded the Electronic industry 10.1%.


Return on Equity

High ROE: 8060's Return on Equity (7.4%) is considered low.


Financial Health

How is Canon Marketing Japan's financial position?


Financial Position Analysis

Short Term Liabilities: 8060's short term assets (¥380.7B) exceed its short term liabilities (¥107.0B).

Long Term Liabilities: 8060's short term assets (¥380.7B) exceed its long term liabilities (¥51.5B).


Debt to Equity History and Analysis

Debt Level: 8060 is debt free.

Reducing Debt: 8060 had no debt 5 years ago.

Debt Coverage: 8060 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8060 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Canon Marketing Japan current dividend yield, its reliability and sustainability?

2.29%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 24 2021Ex Dividend DateJun 29 2021Dividend Pay DateAug 27 202159 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 8060's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.32%).

High Dividend: 8060's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.01%).


Stability and Growth of Payments

Stable Dividend: 8060's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8060's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.1%), 8060's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Masachika Adachi (61 yo)

0.42

Tenure

Mr. Masachika Adachi serves as President & Chairman of Canon Marketing Japan Inc. since 2021 and served as its Senior Vice President and Director until 2021 Mr. Adachi has been Business Solution Co-Preside...


Leadership Team

Experienced Management: 8060's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 8060's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Canon Marketing Japan Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canon Marketing Japan Inc.
  • Ticker: 8060
  • Exchange: TSE
  • Founded: 1968
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: JP¥340.246b
  • Shares outstanding: 129.67m
  • Website: https://cweb.canon.jp

Number of Employees


Location

  • Canon Marketing Japan Inc.
  • Canon S Tower
  • 16-6, Konan 2-chome
  • Tokyo
  • 108-8011
  • Japan

Listings


Biography

Canon Marketing Japan Inc. markets and sells Canon products and related solutions in Japan. It operates through Consumers, Enterprise, Area, and Professional segments. The Consumers segment provides digita...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 15:22
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.