Upcoming Dividend • Mar 23
Upcoming dividend of JP¥54.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥119 (vs JP¥88.92 in 3Q 2025) Third quarter 2026 results: EPS: JP¥119 (up from JP¥88.92 in 3Q 2025). Revenue: JP¥34.5b (up 21% from 3Q 2025). Net income: JP¥1.34b (up 32% from 3Q 2025). Profit margin: 3.9% (up from 3.6% in 3Q 2025). The increase in margin was driven by higher revenue. 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 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 20
Nihon Denkei Co.,Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Nihon Denkei Co.,Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥63.08 (vs JP¥32.02 in 2Q 2025) Second quarter 2026 results: EPS: JP¥63.08 (up from JP¥32.02 in 2Q 2025). Revenue: JP¥28.0b (up 5.7% from 2Q 2025). Net income: JP¥713.0m (up 95% from 2Q 2025). Profit margin: 2.5% (up from 1.4% in 2Q 2025). The increase in margin was driven by higher revenue. 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 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥43.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Sep 01
Nihon Denkei Co.,Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Nihon Denkei Co.,Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥3.09 (vs JP¥33.37 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.09 (down from JP¥33.37 in 1Q 2025). Revenue: JP¥24.3b (up 11% from 1Q 2025). Net income: JP¥35.0m (down 91% from 1Q 2025). Profit margin: 0.1% (down from 1.7% in 1Q 2025). The decrease in margin was driven by higher expenses. 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 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
Nihon Denkei Co.,Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Nihon Denkei Co.,Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jun 24
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.1% 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 14% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 15
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.0% to JP¥2,028. The fair value is estimated to be JP¥1,686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 7.2%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. New Risk • May 13
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 10
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 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 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 09
Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025 Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025. Announcement • Mar 28
Nihon Denkei Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Announcement • Mar 24
TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025.
TOHMEI Industries Co.,Ltd completed the acquisition of ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥88.92 (vs JP¥74.88 in 3Q 2024) Third quarter 2025 results: EPS: JP¥88.92 (up from JP¥74.88 in 3Q 2024). Revenue: JP¥28.4b (up 6.5% from 3Q 2024). Net income: JP¥1.02b (up 18% from 3Q 2024). Profit margin: 3.6% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 whereas the company’s share price has increased by 12% per year. Announcement • Nov 30
Nihon Denkei Co.,Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Nihon Denkei Co.,Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥32.02 (vs JP¥50.40 in 2Q 2024) Second quarter 2025 results: EPS: JP¥32.02 (down from JP¥50.40 in 2Q 2024). Revenue: JP¥26.5b (up 8.5% from 2Q 2024). Net income: JP¥365.0m (down 37% from 2Q 2024). Profit margin: 1.4% (down from 2.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% 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 10% per year whereas the company’s share price has increased by 12% per year. Announcement • Nov 11
Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.75% for ¥460 million. Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy that responds to changes in the business environment. The program will run until July 31, 2025. As of October 31, 2024, the company had 11,447,639 shares in issue (excluding treasury stock) and 370,868 shares in treasury. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 33% 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 (1.5%). Announcement • Sep 03
Nihon Denkei Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Nihon Denkei Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥33.37 (vs JP¥47.55 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.37 (down from JP¥47.55 in 1Q 2024). Revenue: JP¥21.9b (down 2.0% from 1Q 2024). Net income: JP¥380.0m (down 31% from 1Q 2024). Profit margin: 1.7% (down from 2.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% 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 15% per year and the company’s share price has also increased by 15% per year. Buy Or Sell Opportunity • Aug 07
Now 24% overvalued Over the last 90 days, the stock has fallen 19% to JP¥1,848. The fair value is estimated to be JP¥1,489, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023) Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). 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 20% per year. Announcement • Jun 19
Nihon Denkei Co.,Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Nihon Denkei Co.,Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023) Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). 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 but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 12
Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024 Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 02
Nihon Denkei Co.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥74.88 (vs JP¥57.95 in 3Q 2023) Third quarter 2024 results: EPS: JP¥74.88 (up from JP¥57.95 in 3Q 2023). Revenue: JP¥26.6b (down 4.4% from 3Q 2023). Net income: JP¥865.0m (up 28% from 3Q 2023). Profit margin: 3.2% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 01
Nihon Denkei Co.,Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Nihon Denkei Co.,Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Nov 10
Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.73% for ¥460 million. Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.73% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to implement flexible capital policy that responds to changes in the business environment while striving to enhance shareholder returns and improve capital efficiency. The program will run until June 30, 2024. As of October 31, 2023, the company had 11,567,430 shares in issue (excluding treasury stock) and 251,077 shares in treasury. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥50.40 (vs JP¥46.92 in 2Q 2023) Second quarter 2024 results: EPS: JP¥50.40 (up from JP¥46.92 in 2Q 2023). Revenue: JP¥24.4b (down 3.0% from 2Q 2023). Net income: JP¥583.0m (up 5.6% from 2Q 2023). Profit margin: 2.4% (up from 2.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 28
Nihon Denkei Co.,Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Nihon Denkei Co.,Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). New Risk • Aug 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥47.55 (vs JP¥41.64 in 1Q 2023) First quarter 2024 results: EPS: JP¥47.55 (up from JP¥41.64 in 1Q 2023). Revenue: JP¥22.3b (up 19% from 1Q 2023). Net income: JP¥550.0m (up 12% from 1Q 2023). Profit margin: 2.5% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 29
Nihon Denkei Co.,Ltd. to Report Q1, 2024 Results on Aug 09, 2023 Nihon Denkei Co.,Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 13
Full year 2023 earnings released: EPS: JP¥248 (vs JP¥191 in FY 2022) Full year 2023 results: EPS: JP¥248 (up from JP¥191 in FY 2022). Revenue: JP¥104.8b (up 14% from FY 2022). Net income: JP¥2.91b (up 29% from FY 2022). Profit margin: 2.8% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023 Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥57.95 (vs JP¥50.80 in 3Q 2022) Third quarter 2023 results: EPS: JP¥57.95 (up from JP¥50.80 in 3Q 2022). Revenue: JP¥27.9b (up 24% from 3Q 2022). Net income: JP¥676.0m (up 13% from 3Q 2022). Profit margin: 2.4% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. 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 24% per year. Announcement • Dec 28
Nihon Denkei Co.,Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Nihon Denkei Co.,Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥46.92 (vs JP¥51.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.92 (down from JP¥51.66 in 2Q 2022). Revenue: JP¥25.2b (up 12% from 2Q 2022). Net income: JP¥552.0m (down 9.2% from 2Q 2022). Profit margin: 2.2% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% 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 • Oct 02
Nihon Denkei Co.,Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Nihon Denkei Co.,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Sep 13
Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.7% for ¥350 million. Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.7% of its issued share capital (excluding treasury stock), for ¥350 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of August 31, 2022, the company had 11,768,649 shares in issue (excluding treasury stock) and 49,858 shares in treasury. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥41.63 (vs JP¥25.24 in 1Q 2022) First quarter 2023 results: EPS: JP¥41.63 (up from JP¥25.24 in 1Q 2022). Revenue: JP¥18.8b (up 6.6% from 1Q 2022). Net income: JP¥490.0m (up 65% from 1Q 2022). Profit margin: 2.6% (up from 1.7% 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 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 29
Nihon Denkei Co.,Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Nihon Denkei Co.,Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥191 (vs JP¥125 in FY 2021) Full year 2022 results: EPS: JP¥191 (up from JP¥125 in FY 2021). Revenue: JP¥91.9b (up 11% from FY 2021). Net income: JP¥2.25b (up 54% from FY 2021). Profit margin: 2.5% (up from 1.8% 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 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022 Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. No independent directors (9 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Nihon Denkei Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥286,398 (up from JP¥31.10 in 3Q 2021). Revenue: JP¥22.5b (up 19% from 3Q 2021). Net income: JP¥598.0m (up 63% from 3Q 2021). Profit margin: 2.7% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 10% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥77.48 (vs JP¥23.71 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.5b (up 14% from 2Q 2021). Net income: JP¥608.0m (up 227% from 2Q 2021). Profit margin: 2.7% (up from 0.9% in 2Q 2021). The increase in margin was driven by higher revenue. 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 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥37.85 (vs JP¥3.06 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.6b (up 11% from 1Q 2021). Net income: JP¥297.0m (up JP¥273.0m from 1Q 2021). Profit margin: 1.7% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥187 (vs JP¥215 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥82.7b (down 12% from FY 2020). Net income: JP¥1.47b (down 13% from FY 2020). Profit margin: 1.8% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Mar 12
New 90-day high: JP¥1,369 The company is up 9.0% from its price of JP¥1,255 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥46.63 (vs JP¥44.48 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥18.9b (down 11% from 3Q 2020). Net income: JP¥366.0m (up 4.9% from 3Q 2020). Profit margin: 1.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year. Is New 90 Day High Low • Feb 09
New 90-day high: JP¥1,311 The company is up 10.0% from its price of JP¥1,190 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: JP¥1,270 The company is up 3.0% from its price of JP¥1,234 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period. Announcement • Dec 05
Nihon Denkei Co.,Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Nihon Denkei Co.,Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 03
New 90-day high: JP¥1,255 The company is up 5.0% from its price of JP¥1,200 on 03 September 2020. The Japanese market is up 9.0% 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. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥23.70 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥19.6b (down 12% from 2Q 2020). Net income: JP¥186.0m (down 41% from 2Q 2020). Profit margin: 0.9% (down from 1.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Oct 19
New 90-day high: JP¥1,253 The company is up 12% from its price of JP¥1,122 on 21 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥20.00 Per Share Will be paid on the 9th of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.2% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.3%). Announcement • Sep 06
Nihon Denkei Co.,Ltd. to Report Q2, 2021 Results on Nov 10, 2020 Nihon Denkei Co.,Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020