TSE:8060

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Canon Marketing Japan

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and fair value.

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 +/- 4% a week.

Volatility Over Time: 8060's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.3%

8060

-0.5%

JP Electronic

-0.9%

JP Market


1 Year Return

11.5%

8060

52.2%

JP Electronic

36.1%

JP Market

Return vs Industry: 8060 underperformed the JP Electronic industry which returned 43.9% over the past year.

Return vs Market: 8060 underperformed the JP Market which returned 28.5% over the past year.


Shareholder returns

8060IndustryMarket
7 Day-0.3%-0.5%-0.9%
30 Day-2.5%-4.3%-0.4%
90 Day10.8%3.4%7.0%
1 Year14.4%11.5%54.6%52.2%39.5%36.1%
3 Year-7.6%-14.8%36.5%30.2%16.6%8.6%
5 Year36.5%20.1%116.2%99.3%53.8%36.8%

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?

7.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8060 (¥2387) is trading below our estimate of fair value (¥2584.27)

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 (14.1x) compared to the JP Electronic industry average (16.6x).

PE vs Market: 8060 is good value based on its PE Ratio (14.1x) compared to the JP market (17.1x).


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.


Next Steps

Future Growth

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

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8060's forecast earnings growth (5.4% per year) is above the savings rate (0%).

Earnings vs Market: 8060's earnings (5.4% per year) are forecast to grow slower than the JP market (17.4% per year).

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

Revenue vs Market: 8060's revenue (2.5% per year) is forecast to grow slower than the JP market (5.7% per year).

High Growth Revenue: 8060's revenue (2.5% 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 (6.5%).


Next Steps

Past Performance

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

6.4%

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%) are higher than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: 8060's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: 8060's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8060 had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Electronic industry average (-5.3%).


Return on Equity

High ROE: 8060's Return on Equity (6.4%) is considered low.


Next Steps

Financial Health

How is Canon Marketing Japan's financial position?


Financial Position Analysis

Short Term Liabilities: 8060's short term assets (¥380.3B) exceed its short term liabilities (¥108.4B).

Long Term Liabilities: 8060's short term assets (¥380.3B) exceed its long term liabilities (¥52.1B).


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


Next Steps

Dividend

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

2.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8060's dividend (2.51%) is higher than the bottom 25% of dividend payers in the JP market (1.25%).

High Dividend: 8060's dividend (2.51%) is low compared to the top 25% of dividend payers in the JP market (2.88%).


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 (35.4%), 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?

3.0yrs

Average management tenure


CEO

Masahiro Sakata (67 yo)

6yrs

Tenure

JP¥107,000,000

Compensation

Mr. Masahiro Sakata has been President of Canon Marketing Japan Inc. since March 2015 and serves as its Chairman. Mr. Sakata serves as the President of TBKK (Thailand) Co., Ltd. He has been President of Bu...


CEO Compensation Analysis

Compensation vs Market: Masahiro's total compensation ($USD1.00M) is about average for companies of similar size in the JP market ($USD1.18M).

Compensation vs Earnings: Insufficient data to compare Masahiro's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Masahiro Sakata
President & Chairman6yrsJP¥107.00m0.026%
¥ 80.2m
Shiro Hamada
Senior Executive Officer4.92yrsno data0.0090%
¥ 27.9m
Masachika Adachi
Senior MDno datano data0.010%
¥ 31.2m
Kunihiko Kubo
VP, Senior Executive Officer & Director of Area Segmentno datano datano data
Koichi Mikami
VP, Senior Executive Officer & Director of Consumers Segmentno datano datano data
Hatsumi Hirukawa
Senior Executive Officer1yrno data0.0030%
¥ 9.2m
Yukihiro Sasabe
Executive Officer3.17yrsno datano data
Katsuya Imoto
Executive Officer2.17yrsno datano data
Yasuyuki Uotani
Executive Officer2.17yrsno datano data
Kazunori Asada
President of Canon IT Solutions (Shanghai) Company Limitedno datano datano data
Toshio Matsumoto
Executive Officer2.92yrsno datano data
Kazuki Takenaka
Executive Officerno datano datano data

3.0yrs

Average Tenure

60yo

Average Age

Experienced Management: 8060's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Masahiro Sakata
President & Chairman6yrsJP¥107.00m0.026%
¥ 80.2m
Shiro Hamada
Senior Executive Officer4.92yrsno data0.0090%
¥ 27.9m
Masachika Adachi
Senior MDno datano data0.010%
¥ 31.2m
Hatsumi Hirukawa
Senior Executive Officer1yrno data0.0030%
¥ 9.2m
Shinichi Inoue
Standing Audit & Supervisory Board Member3yrsno data0.0077%
¥ 24.1m
Shigeo Hasegawa
Outside Audit & Supervisory Board Member7yrsno data0.0020%
¥ 6.2m
Akio Dobashi
Independent Outside Director4.92yrsno datano data
Yoshio Osawa
Independent Outside Director3yrsno datano data
Iwao Hashimoto
Outside Audit & Supervisory Board Member1yrno data0.00039%
¥ 1.2m
Masatoshi Tanise
Standing Audit & Supervisory Board Member1yrno data0.0013%
¥ 3.9m
Nobutoshi Matsumoto
Outside Audit & Supervisory Board Member1yrno datano data

3.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 8060's board of directors are considered experienced (3 years average tenure).


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¥311.201b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8060TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
CNJDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

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 Analysis2021/03/08 08:11
End of Day Share Price2021/03/08 00:00
Earnings2020/12/31
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.