Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €4.92, the stock trades at a forward P/E ratio of 79x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 38% over the past three years. Tillkännagivande • Jun 13
Daishinku Corp. to Report Q1, 2027 Results on Aug 10, 2026 Daishinku Corp. announced that they will report Q1, 2027 results on Aug 10, 2026 Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €4.72, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.96 per share. New Risk • May 25
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 German stocks, typically moving 9.7% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Keita Ushijima was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 14
Daishinku Corp., Annual General Meeting, Jun 26, 2026 Daishinku Corp., Annual General Meeting, Jun 26, 2026. Tillkännagivande • May 10
Daishinku Corp. to Report Fiscal Year 2026 Results on May 14, 2026 Daishinku Corp. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 14, 2026 Tillkännagivande • Dec 06
Daishinku Corp. to Report Q3, 2026 Results on Feb 10, 2026 Daishinku Corp. announced that they will report Q3, 2026 results on Feb 10, 2026 Tillkännagivande • Sep 11
Daishinku Corp. to Report Q2, 2026 Results on Nov 12, 2025 Daishinku Corp. announced that they will report Q2, 2026 results at 3:00 PM, Tokyo Standard Time on Nov 12, 2025 Tillkännagivande • Jun 06
Daishinku Corp. to Report Q1, 2026 Results on Aug 12, 2025 Daishinku Corp. announced that they will report Q1, 2026 results on Aug 12, 2025 Tillkännagivande • May 13
Daishinku Corp., Annual General Meeting, Jun 27, 2025 Daishinku Corp., Annual General Meeting, Jun 27, 2025. Tillkännagivande • Mar 06
Daishinku Corp. to Report Fiscal Year 2025 Results on May 13, 2025 Daishinku Corp. announced that they will report fiscal year 2025 results on May 13, 2025 Tillkännagivande • Jan 16
Daishinku Corp. (TSE:6962) announces an Equity Buyback for 500,000 shares, representing 1.55% for ¥300 million. Daishinku Corp. (TSE:6962) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.55% of its issued share capital (excluding treasury stock), for ¥300 million. The purpose of the program is to increase shareholder returns and improve capital efficiency. The program will run until March 10, 2025. As of December 31, 2024, the company had 32,276,911 shares in issue (excluding treasury stock) and 3,920,057 shares in treasury. Tillkännagivande • Dec 05
Daishinku Corp. to Report Q3, 2025 Results on Feb 05, 2025 Daishinku Corp. announced that they will report Q3, 2025 results on Feb 05, 2025 New Risk • Nov 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 303% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 303% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Nov 08
Second quarter 2025 earnings released: JP¥26.30 loss per share (vs JP¥29.49 profit in 2Q 2024) Second quarter 2025 results: JP¥26.30 loss per share (down from JP¥29.49 profit in 2Q 2024). Revenue: JP¥9.61b (down 4.0% from 2Q 2024). Net loss: JP¥849.0m (down 189% from profit in 2Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Tillkännagivande • Sep 26
Daishinku Corp. to Report Q2, 2025 Results on Nov 05, 2024 Daishinku Corp. announced that they will report Q2, 2025 results on Nov 05, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%). New Risk • Aug 08
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 German stocks, typically moving 6.7% 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 (6.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥20.51 (vs JP¥13.60 in 1Q 2024) First quarter 2025 results: EPS: JP¥20.51 (up from JP¥13.60 in 1Q 2024). Revenue: JP¥9.83b (up 5.5% from 1Q 2024). Net income: JP¥662.0m (up 51% from 1Q 2024). Profit margin: 6.7% (up from 4.7% in 1Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €3.52, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.03 per share. Tillkännagivande • Jun 15
Daishinku Corp. to Report Q1, 2025 Results on Aug 05, 2024 Daishinku Corp. announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥58.12 (vs JP¥99.38 in FY 2023) Full year 2024 results: EPS: JP¥58.12 (down from JP¥99.38 in FY 2023). Revenue: JP¥39.3b (up 2.4% from FY 2023). Net income: JP¥1.88b (down 42% from FY 2023). Profit margin: 4.8% (down from 8.3% in FY 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €4.08, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Electronic industry in Germany. Total loss to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.25 per share. Tillkännagivande • Apr 13
Daishinku Corp., Annual General Meeting, Jun 27, 2024 Daishinku Corp., Annual General Meeting, Jun 27, 2024. Agenda: To consider changes in the Representative Director (retirement) and executive appointments. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%). Tillkännagivande • Mar 09
Daishinku Corp. to Report Fiscal Year 2024 Results on May 13, 2024 Daishinku Corp. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 07
Third quarter 2024 earnings released: JP¥7.24 loss per share (vs JP¥5.45 loss in 3Q 2023) Third quarter 2024 results: JP¥7.24 loss per share (further deteriorated from JP¥5.45 loss in 3Q 2023). Revenue: JP¥10.4b (up 11% from 3Q 2023). Net loss: JP¥233.7m (loss widened 33% from 3Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. New Risk • Jan 18
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 German stocks, typically moving 7.1% 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 (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Tillkännagivande • Dec 08
Daishinku Corp. to Report Q3, 2024 Results on Feb 05, 2024 Daishinku Corp. announced that they will report Q3, 2024 results on Feb 05, 2024 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €5.15, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 6.9% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.20 per share. Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥29.49 (vs JP¥30.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥29.49 (down from JP¥30.08 in 2Q 2023). Revenue: JP¥10.0b (flat on 2Q 2023). Net income: JP¥952.0m (down 2.0% from 2Q 2023). Profit margin: 9.5% (in line with 2Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Tillkännagivande • Sep 27
Daishinku Corp. to Report Q2, 2024 Results on Nov 06, 2023 Daishinku Corp. announced that they will report Q2, 2024 results on Nov 06, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥14.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €4.34, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.07 per share. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥13.60 (vs JP¥62.42 in 1Q 2023) First quarter 2024 results: EPS: JP¥13.60 (down from JP¥62.42 in 1Q 2023). Revenue: JP¥9.32b (down 9.4% from 1Q 2023). Net income: JP¥439.0m (down 78% from 1Q 2023). Profit margin: 4.7% (down from 20% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Tillkännagivande • Jun 26
Daishinku Corp. to Report Q1, 2024 Results on Aug 04, 2023 Daishinku Corp. announced that they will report Q1, 2024 results on Aug 04, 2023 Tillkännagivande • May 17
Daishinku Corp., Annual General Meeting, Jun 29, 2023 Daishinku Corp., Annual General Meeting, Jun 29, 2023. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥99.38 (vs JP¥119 in FY 2022) Full year 2023 results: EPS: JP¥99.38 (down from JP¥119 in FY 2022). Revenue: JP¥38.4b (down 7.0% from FY 2022). Net income: JP¥3.21b (down 17% from FY 2022). Profit margin: 8.3% (down from 9.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). Reported Earnings • Feb 13
Third quarter 2023 earnings released: JP¥5.45 loss per share (vs JP¥22.93 profit in 3Q 2022) Third quarter 2023 results: JP¥5.45 loss per share (down from JP¥22.93 profit in 3Q 2022). Revenue: JP¥9.31b (down 9.0% from 3Q 2022). Net loss: JP¥176.0m (down 124% from profit in 3Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Tillkännagivande • Dec 16
Daishinku Corp. to Report Q3, 2023 Results on Feb 10, 2023 Daishinku Corp. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chief of Management Planning Office, GM of Administration Division & Director Hiroshi Maeda was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.