Reported Earnings • Aug 01
Full year 2026 earnings released: EPS: JP¥45.59 (vs JP¥23.39 loss in FY 2025) Full year 2026 results: EPS: JP¥45.59 (up from JP¥23.39 loss in FY 2025). Revenue: JP¥12.6b (up 1.3% from FY 2025). Net income: JP¥213.0m (up JP¥330.0m from FY 2025). Profit margin: 1.7% (up from net loss in FY 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 31
Mitsuchi Corporation, Annual General Meeting, Sep 25, 2026 Mitsuchi Corporation, Annual General Meeting, Sep 25, 2026. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 28 September 2026. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (2.6%). New Risk • Apr 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.40b market cap, or US$21.2m). Reported Earnings • Apr 29
Third quarter 2026 earnings released Third quarter 2026 results: EPS: JP¥17.11. Revenue: JP¥3.08b (up 2.7% from 3Q 2025). Net income: JP¥80.0m (up JP¥80.0m from 3Q 2025). Profit margin: 2.6% (up from 0% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Apr 21
Mitsuchi Corporation to Report Q3, 2026 Results on Apr 28, 2026 Mitsuchi Corporation announced that they will report Q3, 2026 results on Apr 28, 2026 Reported Earnings • Jan 31
Second quarter 2026 earnings released: EPS: JP¥15.84 (vs JP¥5.73 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥15.84 (up from JP¥5.73 loss in 2Q 2025). Revenue: JP¥3.08b (down 1.4% from 2Q 2025). Net income: JP¥74.0m (up JP¥103.0m from 2Q 2025). Profit margin: 2.4% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 March 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Tillkännagivande • Nov 13
Mitsuchi Corporation to Report Q2, 2026 Results on Jan 30, 2026 Mitsuchi Corporation announced that they will report Q2, 2026 results on Jan 30, 2026 New Risk • Nov 02
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥2.94b market cap, or US$19.1m). Tillkännagivande • Sep 27
Mitsuchi Corporation to Report Q1, 2026 Results on Oct 31, 2025 Mitsuchi Corporation announced that they will report Q1, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
Full year 2025 earnings released: JP¥18.97 loss per share (vs JP¥82.77 profit in FY 2024) Full year 2025 results: JP¥18.97 loss per share (down from JP¥82.77 profit in FY 2024). Revenue: JP¥12.4b (down 5.6% from FY 2024). Net loss: JP¥95.0m (down 123% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Aug 01
Mitsuchi Corporation, Annual General Meeting, Sep 25, 2025 Mitsuchi Corporation, Annual General Meeting, Sep 25, 2025. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 2.8% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.7%). Tillkännagivande • Jun 03
Mitsuchi Corporation to Report Fiscal Year 2025 Results on Aug 01, 2025 Mitsuchi Corporation announced that they will report fiscal year 2025 results on Aug 01, 2025 New Risk • May 08
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: 0.7% Last year net profit margin: 3.3% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥3.44b market cap, or US$23.9m). Tillkännagivande • May 08
Mitsuchi Corporation (TSE:3439) announces an Equity Buyback for 400,000 shares, representing 7.9% for ¥272 million. Mitsuchi Corporation (TSE:3439) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 7.9% of the outstanding shares, at ¥680 per share for ¥272 million. The purpose of the program is to improve capital efficiency and strengthen governance. As of December 31, 2024, the company had 5,062,292 shares (excluding treasury stock) outstanding and 241,748 shares in treasury. Tillkännagivande • Feb 19
Mitsuchi Corporation to Report Q3, 2025 Results on May 07, 2025 Mitsuchi Corporation announced that they will report Q3, 2025 results on May 07, 2025 Reported Earnings • Feb 05
Second quarter 2025 earnings released: JP¥5.73 loss per share (vs JP¥30.03 profit in 2Q 2024) Second quarter 2025 results: JP¥5.73 loss per share (down from JP¥30.03 profit in 2Q 2024). Revenue: JP¥3.13b (down 13% from 2Q 2024). Net loss: JP¥29.0m (down 119% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 16% per year. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 10 March 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.4%). Tillkännagivande • Nov 13
Mitsuchi Corporation to Report Q2, 2025 Results on Feb 03, 2025 Mitsuchi Corporation announced that they will report Q2, 2025 results on Feb 03, 2025 Reported Earnings • Nov 02
First quarter 2025 earnings released: EPS: JP¥5.33 (vs JP¥1.78 in 1Q 2024) First quarter 2025 results: EPS: JP¥5.33 (up from JP¥1.78 in 1Q 2024). Revenue: JP¥3.18b (flat on 1Q 2024). Net income: JP¥27.0m (up 200% from 1Q 2024). Profit margin: 0.9% (up from 0.3% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 19% per year. Tillkännagivande • Aug 28
Mitsuchi Corporation to Report Q1, 2025 Results on Oct 31, 2024 Mitsuchi Corporation announced that they will report Q1, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 44% over the past three years. Reported Earnings • Aug 03
Full year 2024 earnings released: EPS: JP¥82.77 (vs JP¥6.32 loss in FY 2023) Full year 2024 results: EPS: JP¥82.77 (up from JP¥6.32 loss in FY 2023). Revenue: JP¥13.1b (up 4.7% from FY 2023). Net income: JP¥419.0m (up JP¥451.0m from FY 2023). Profit margin: 3.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 31
Mitsuchi Corporation, Annual General Meeting, Sep 26, 2024 Mitsuchi Corporation, Annual General Meeting, Sep 26, 2024. Tillkännagivande • Jun 05
Mitsuchi Corporation to Report Fiscal Year 2024 Results on Jul 31, 2024 Mitsuchi Corporation announced that they will report fiscal year 2024 results on Jul 31, 2024 Tillkännagivande • Feb 24
Mitsuchi Corporation to Report Q3, 2024 Results on Apr 26, 2024 Mitsuchi Corporation announced that they will report Q3, 2024 results on Apr 26, 2024 Reported Earnings • Feb 02
Second quarter 2024 earnings released: EPS: JP¥30.03 (vs JP¥21.73 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥30.03 (up from JP¥21.73 loss in 2Q 2023). Revenue: JP¥3.61b (up 9.5% from 2Q 2023). Net income: JP¥152.0m (up JP¥262.0m from 2Q 2023). Profit margin: 4.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Feb 01
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 Japanese stocks, typically moving 7.3% 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 Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥4.74b market cap, or US$32.3m). Reported Earnings • Nov 02
First quarter 2024 earnings released: EPS: JP¥1.78 (vs JP¥2.77 in 1Q 2023) First quarter 2024 results: EPS: JP¥1.78 (down from JP¥2.77 in 1Q 2023). Revenue: JP¥3.19b (up 5.0% from 1Q 2023). Net income: JP¥9.00m (down 36% from 1Q 2023). Profit margin: 0.3% (down from 0.5% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 20
Mitsuchi Corporation to Report Q1, 2024 Results on Oct 31, 2023 Mitsuchi Corporation announced that they will report Q1, 2024 results on Oct 31, 2023 Tillkännagivande • Aug 03
Mitsuchi Corporation, Annual General Meeting, Sep 28, 2023 Mitsuchi Corporation, Annual General Meeting, Sep 28, 2023. Reported Earnings • Aug 01
Full year 2023 earnings released: JP¥6.32 loss per share (vs JP¥78.03 profit in FY 2022) Full year 2023 results: JP¥6.32 loss per share (down from JP¥78.03 profit in FY 2022). Revenue: JP¥12.6b (flat on FY 2022). Net loss: JP¥32.0m (down 108% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 03
Mitsuchi Corporation to Report Fiscal Year 2023 Results on Jul 31, 2023 Mitsuchi Corporation announced that they will report fiscal year 2023 results on Jul 31, 2023 Reported Earnings • Apr 29
Third quarter 2023 earnings released: JP¥9.28 loss per share (vs JP¥30.62 profit in 3Q 2022) Third quarter 2023 results: JP¥9.28 loss per share (down from JP¥30.62 profit in 3Q 2022). Revenue: JP¥3.10b (down 3.8% from 3Q 2022). Net loss: JP¥47.0m (down 130% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 04
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. 6 non-independent directors. Independent Outside Director Yuka Sawada 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 • Feb 05
Mitsuchi Corporation to Report Q3, 2023 Results on Apr 28, 2023 Mitsuchi Corporation announced that they will report Q3, 2023 results on Apr 28, 2023 Reported Earnings • Feb 01
Second quarter 2023 earnings released: JP¥21.73 loss per share (vs JP¥19.75 profit in 2Q 2022) Second quarter 2023 results: JP¥21.73 loss per share (down from JP¥19.75 profit in 2Q 2022). Revenue: JP¥3.29b (up 8.9% from 2Q 2022). Net loss: JP¥110.0m (down 210% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Upcoming Dividend • Dec 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director and Audit & Supervisory Committee Member Shigeyuki Higashino was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 04
Mitsuchi Corporation to Report Q2, 2023 Results on Jan 31, 2023 Mitsuchi Corporation announced that they will report Q2, 2023 results on Jan 31, 2023 Reported Earnings • Nov 02
First quarter 2023 earnings released: EPS: JP¥2.77 (vs JP¥25.28 in 1Q 2022) First quarter 2023 results: EPS: JP¥2.77 (down from JP¥25.28 in 1Q 2022). Revenue: JP¥3.04b (down 2.2% from 1Q 2022). Net income: JP¥14.0m (down 89% from 1Q 2022). Profit margin: 0.5% (down from 4.1% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 05
Mitsuchi Corporation to Report Q1, 2023 Results on Oct 31, 2022 Mitsuchi Corporation announced that they will report Q1, 2023 results on Oct 31, 2022 Tillkännagivande • Jul 31
Mitsuchi Corporation, Annual General Meeting, Sep 29, 2022 Mitsuchi Corporation, Annual General Meeting, Sep 29, 2022. Reported Earnings • Jul 31
Full year 2022 earnings released: EPS: JP¥78.03 (vs JP¥81.97 in FY 2021) Full year 2022 results: EPS: JP¥78.03 (down from JP¥81.97 in FY 2021). Revenue: JP¥12.4b (down 9.7% from FY 2021). Net income: JP¥395.0m (down 4.8% from FY 2021). Profit margin: 3.2% (up from 3.0% in FY 2021). 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 fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥9.50 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.1%). Tillkännagivande • Jun 03
Mitsuchi Corporation to Report Fiscal Year 2022 Results on Jul 29, 2022 Mitsuchi Corporation announced that they will report fiscal year 2022 results on Jul 29, 2022 Reported Earnings • Apr 30
Third quarter 2022 earnings released: EPS: JP¥30.62 (vs JP¥43.06 in 3Q 2021) Third quarter 2022 results: EPS: JP¥30.62 (down from JP¥43.06 in 3Q 2021). Revenue: JP¥3.22b (down 20% from 3Q 2021). Net income: JP¥155.0m (down 29% from 3Q 2021). Profit margin: 4.8% (down from 5.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director and Audit & Supervisory Committee Member Shigeyuki Higashino was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 08
Mitsuchi Corporation to Report Q3, 2022 Results on Apr 28, 2022 Mitsuchi Corporation announced that they will report Q3, 2022 results on Apr 28, 2022 Reported Earnings • Feb 02
Second quarter 2022 earnings: Revenues in line with analyst expectations Second quarter 2022 results: Revenue: JP¥3.02b (down 9.3% from 2Q 2021). Net income: JP¥100.0m (up 30% from 2Q 2021). Profit margin: 3.3% (up from 2.3% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥2,361, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 18% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 March 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,786, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 36% over the past three years. Reported Earnings • Nov 15
First quarter 2022 earnings released: EPS JP¥50.57 (vs JP¥10.27 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.11b (up 26% from 1Q 2021). Net income: JP¥128.0m (up JP¥154.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥164 (vs JP¥72.69 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥13.8b (up 11% from FY 2020). Net income: JP¥415.0m (up JP¥599.0m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 03
Full year 2021 earnings released: EPS JP¥164 (vs JP¥72.69 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥13.8b (up 11% from FY 2020). Net income: JP¥415.0m (up JP¥599.0m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
Third quarter 2021 earnings released: EPS JP¥86.12 (vs JP¥10.67 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.01b (up 23% from 3Q 2020). Net income: JP¥218.0m (up JP¥191.0m from 3Q 2020). Profit margin: 5.4% (up from 0.8% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 01
New 90-day high: JP¥2,397 The company is up 21% from its price of JP¥1,987 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 18% over the same period. Tillkännagivande • Feb 28
Mitsuchi Corporation to Report Q3, 2021 Results on Apr 28, 2021 Mitsuchi Corporation announced that they will report Q3, 2021 results on Apr 28, 2021 Reported Earnings • Feb 02
Second quarter 2021 earnings released: EPS JP¥30.42 (vs JP¥26.07 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥3.33b (down 1.9% from 2Q 2020). Net income: JP¥77.0m (up 17% from 2Q 2020). Profit margin: 2.3% (up from 1.9% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Dec 22
New 90-day high: JP¥2,300 The company is up 15% from its price of JP¥1,999 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: JP¥2,082 The company is up 10.0% from its price of JP¥1,899 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 12% over the same period. Reported Earnings • Nov 01
First quarter earnings released Over the last 12 months the company has reported total losses of JP¥256.0m, with earnings decreasing by JP¥652.1m from the prior year. Total revenue was JP¥11.4b over the last 12 months, down 22% from the prior year. Tillkännagivande • Jun 29
Mitsuchi Corporation to Report Fiscal Year 2020 Results on Jul 31, 2020 Mitsuchi Corporation announced that they will report fiscal year 2020 results on Jul 31, 2020