Hirogin Holdings Past Earnings Performance

Past criteria checks 4/6

Hirogin Holdings's earnings have been declining at an average annual rate of -7.3%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 5.9% per year. Hirogin Holdings's return on equity is 4.2%, and it has net margins of 15.3%.

Key information

-7.3%

Earnings growth rate

-7.1%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	5.9%
Return on equity	4.2%
Net Margin	15.3%
Next Earnings Update	13 May 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hirogin Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:HROG.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	141,407	21,662	56,824
30 Sep 23	139,844	19,059	57,325
30 Jun 23	131,715	13,210	57,154
31 Mar 23	131,681	12,508	58,064
31 Dec 22	129,169	17,196	57,968
30 Sep 22	130,600	21,844	57,626
30 Jun 22	132,583	24,753	58,125
31 Mar 22	130,111	22,906	58,031
31 Dec 21	125,036	25,411	59,386
30 Sep 21	114,614	22,071	59,275
30 Jun 21	109,945	24,193	58,131
31 Mar 21	99,706	21,574	57,800
31 Dec 20	102,178	20,893	56,771
30 Sep 20	100,988	21,399	56,851
30 Jun 20	107,234	21,785	57,300
31 Mar 20	111,652	24,270	57,345
31 Dec 19	106,121	25,225	57,379
30 Sep 19	110,983	27,061	57,640
30 Jun 19	109,393	26,004	57,785
31 Mar 19	109,436	25,581	58,044
31 Dec 18	115,566	22,660	58,799
30 Sep 18	117,165	22,779	59,854
30 Jun 18	115,223	24,068	60,763
31 Mar 18	115,089	25,809	61,129
31 Dec 17	117,742	28,204	60,544
30 Sep 17	115,232	25,486	59,096
30 Jun 17	119,908	29,308	58,079
31 Mar 17	125,066	31,207	57,379
31 Dec 16	123,239	30,611	57,078
30 Sep 16	123,912	33,624	56,425
30 Jun 16	120,537	30,295	55,718
31 Mar 16	122,498	31,355	54,630
31 Dec 15	121,667	30,912	53,635
30 Sep 15	125,159	32,233	54,341
30 Jun 15	123,225	29,319	54,747
31 Mar 15	118,426	26,563	55,464
31 Dec 14	119,149	26,676	56,084
30 Sep 14	119,281	25,176	55,950
30 Jun 14	124,697	25,559	56,166
31 Mar 14	126,546	22,882	56,080
31 Dec 13	128,541	22,306	55,790
30 Sep 13	124,290	20,282	56,033
30 Jun 13	114,560	18,837	56,308

Quality Earnings: HROG.F has high quality earnings.

Growing Profit Margin: HROG.F's current net profit margins (15.3%) are higher than last year (13.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HROG.F's earnings have declined by 7.3% per year over the past 5 years.

Accelerating Growth: HROG.F's earnings growth over the past year (26%) exceeds its 5-year average (-7.3% per year).

Earnings vs Industry: HROG.F earnings growth over the past year (26%) exceeded the Banks industry -12.9%.

Return on Equity

High ROE: HROG.F's Return on Equity (4.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/04 23:43
End of Day Share Price	2024/02/05 00:00
Earnings	2023/12/31
Annual Earnings	2023/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hirogin Holdings, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tatsuya Kubo	BofA Global Research
Hironari Nozaki	Citigroup Global Markets Japan Inc.
J. Waterhouse	CLSA