Declared Dividend • Jul 25
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 13
SPK Corporation to Report Q1, 2027 Results on Aug 07, 2026 SPK Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥267 (vs JP¥124 in FY 2025) Full year 2026 results: EPS: JP¥267 (up from JP¥124 in FY 2025). Revenue: JP¥75.2b (up 9.5% from FY 2025). Net income: JP¥2.69b (up 7.8% from FY 2025). Profit margin: 3.6% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year. New Risk • Mar 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.2b (US$82.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 23
Now 21% undervalued Over the last 90 days, the stock has risen 6.1% to JP¥2,493. The fair value is estimated to be JP¥3,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 6.4%. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥72.21 (vs JP¥54.33 in 3Q 2025) Third quarter 2026 results: EPS: JP¥72.21 (up from JP¥54.33 in 3Q 2025). Revenue: JP¥19.6b (up 14% from 3Q 2025). Net income: JP¥729.0m (up 33% from 3Q 2025). Profit margin: 3.7% (up from 3.2% 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 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 02
First half dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Nov 29
SPK Corporation to Report Q3, 2026 Results on Feb 09, 2026 SPK Corporation announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: JP¥74.09 (vs JP¥55.30 in 2Q 2025) Second quarter 2026 results: EPS: JP¥74.09 (up from JP¥55.30 in 2Q 2025). Revenue: JP¥18.5b (up 10% from 2Q 2025). Net income: JP¥748.0m (up 34% from 2Q 2025). Profit margin: 4.0% (up from 3.3% 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 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%). Tillkännagivande • Sep 02
SPK Corporation to Report Q2, 2026 Results on Nov 04, 2025 SPK Corporation announced that they will report Q2, 2026 results on Nov 04, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥56.89 (vs JP¥62.84 in 1Q 2025) First quarter 2026 results: EPS: JP¥56.89 (down from JP¥62.84 in 1Q 2025). Revenue: JP¥17.9b (up 7.7% from 1Q 2025). Net income: JP¥574.0m (down 9.0% from 1Q 2025). Profit margin: 3.2% (down from 3.8% 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 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥33.00 announced Shareholders will receive a dividend of JP¥33.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (259% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 01
Full year 2025 earnings released: EPS: JP¥248 (vs JP¥238 in FY 2024) Full year 2025 results: EPS: JP¥248 (up from JP¥238 in FY 2024). Revenue: JP¥68.7b (up 8.6% from FY 2024). Net income: JP¥2.50b (up 4.4% from FY 2024). Profit margin: 3.6% (down from 3.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Tillkännagivande • Jun 27
SPK Corporation to Report Q1, 2026 Results on Aug 08, 2025 SPK Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥248 (vs JP¥238 in FY 2024) Full year 2025 results: EPS: JP¥248 (up from JP¥238 in FY 2024). Revenue: JP¥68.7b (up 8.6% from FY 2024). Net income: JP¥2.50b (up 4.4% from FY 2024). Profit margin: 3.6% (down from 3.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Tillkännagivande • May 09
SPK Corporation, Annual General Meeting, Jun 25, 2025 SPK Corporation, Annual General Meeting, Jun 25, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.8%). Tillkännagivande • Mar 13
SPK Corporation to Report Fiscal Year 2025 Results on May 09, 2025 SPK Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥54.33 (vs JP¥64.53 in 3Q 2024) Third quarter 2025 results: EPS: JP¥54.33 (down from JP¥64.53 in 3Q 2024). Revenue: JP¥17.2b (up 2.1% from 3Q 2024). Net income: JP¥548.0m (down 15% from 3Q 2024). Profit margin: 3.2% (down from 3.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Tillkännagivande • Jan 03
SPK Corporation to Report Q3, 2025 Results on Feb 10, 2025 SPK Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 03
First half dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 28th March 2025 Payment date: 2nd June 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Nov 20
SPK Corporation (TSE:7466) signed a letter of intent to acquire Blitz Co., Ltd. from Satoshi Yamaguchi and others for ¥3.2 billion. SPK Corporation (TSE:7466) signed a letter of intent to acquire Blitz Co., Ltd. from Satoshi Yamaguchi and others for ¥3.2 billion on November 19, 2024. A cash consideration of ¥3.23 billion will be paid by SPK Corporation. As part of consideration, ¥3.23 billion is paid towards common equity of Blitz Co., Ltd.
For the period ending May 31, 2024, Blitz Co., Ltd. reported total revenue of ¥2.74 billion, EBIT of ¥269 million and net income of ¥197 million. As of May 31, 2024, Blitz Co., Ltd. reported total assets of ¥2.37 billion and total common equity of ¥1.96 billion.
The expected agreement and completion of the transaction is November 20, 2024. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥55.31 (vs JP¥62.14 in 2Q 2024) Second quarter 2025 results: EPS: JP¥55.31 (down from JP¥62.14 in 2Q 2024). Revenue: JP¥16.8b (up 5.8% from 2Q 2024). Net income: JP¥557.0m (down 11% from 2Q 2024). Profit margin: 3.3% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). Tillkännagivande • Aug 27
SPK Corporation to Report Q2, 2025 Results on Oct 31, 2024 SPK Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥62.84 (vs JP¥69.41 in 1Q 2024) First quarter 2025 results: EPS: JP¥62.84 (down from JP¥69.41 in 1Q 2024). Revenue: JP¥16.7b (up 11% from 1Q 2024). Net income: JP¥631.0m (down 9.5% from 1Q 2024). Profit margin: 3.8% (down from 4.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Declared Dividend • Jul 11
Final dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (19% earnings payout ratio) and cash flows (89.9% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 28
SPK Corporation to Report Q1, 2025 Results on Aug 09, 2024 SPK Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Tillkännagivande • May 09
SPK Corporation, Annual General Meeting, Jun 25, 2024 SPK Corporation, Annual General Meeting, Jun 25, 2024. Reported Earnings • May 08
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥238 (up from JP¥205 in FY 2023). Revenue: JP¥63.3b (up 16% from FY 2023). Net income: JP¥2.39b (up 16% from FY 2023). Profit margin: 3.8% (in line with FY 2023). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Retail Distributors industry in Japan. 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 17% per year. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%). Tillkännagivande • Mar 02
SPK Corporation to Report Fiscal Year 2024 Results on May 07, 2024 SPK Corporation announced that they will report fiscal year 2024 results on May 07, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥64.53 (vs JP¥68.61 in 3Q 2023) Third quarter 2024 results: EPS: JP¥64.53 (down from JP¥68.61 in 3Q 2023). Revenue: JP¥16.9b (up 15% from 3Q 2023). Net income: JP¥648.0m (down 6.0% from 3Q 2023). Profit margin: 3.8% (down from 4.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 27
SPK Corporation to Report Q3, 2024 Results on Jan 31, 2024 SPK Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥62.14 (vs JP¥46.11 in 2Q 2023) Second quarter 2024 results: EPS: JP¥62.14 (up from JP¥46.11 in 2Q 2023). Revenue: JP¥15.8b (up 20% from 2Q 2023). Net income: JP¥624.0m (up 35% from 2Q 2023). Profit margin: 3.9% (up from 3.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥23.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.3%). Tillkännagivande • Aug 27
SPK Corporation to Report Q2, 2024 Results on Oct 31, 2023 SPK Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥69.41 (vs JP¥35.15 in 1Q 2023) First quarter 2024 results: EPS: JP¥69.41 (up from JP¥35.15 in 1Q 2023). Revenue: JP¥15.0b (up 19% from 1Q 2023). Net income: JP¥697.0m (up 98% from 1Q 2023). Profit margin: 4.6% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥205 (vs JP¥162 in FY 2022) Full year 2023 results: EPS: JP¥205 (up from JP¥162 in FY 2022). Revenue: JP¥54.7b (up 15% from FY 2022). Net income: JP¥2.06b (up 27% from FY 2022). Profit margin: 3.8% (up from 3.4% 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 12% per year whereas the company’s share price has increased by 9% per year. Tillkännagivande • May 31
SPK Corporation to Report Q1, 2024 Results on Jul 31, 2023 SPK Corporation announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 05
Full year 2023 earnings released: EPS: JP¥205 (vs JP¥162 in FY 2022) Full year 2023 results: EPS: JP¥205 (up from JP¥162 in FY 2022). Revenue: JP¥54.7b (up 15% from FY 2022). Net income: JP¥2.06b (up 27% from FY 2022). Profit margin: 3.8% (up from 3.4% 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 12% per year and the company’s share price has also increased by 12% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥68.61 (vs JP¥38.44 in 3Q 2022) Third quarter 2023 results: EPS: JP¥68.61 (up from JP¥38.44 in 3Q 2022). Revenue: JP¥14.7b (up 20% from 3Q 2022). Net income: JP¥689.0m (up 79% from 3Q 2022). Profit margin: 4.7% (up from 3.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Tillkännagivande • Nov 27
SPK Corporation to Report Q3, 2023 Results on Jan 31, 2023 SPK Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥46.11 (vs JP¥32.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.11 (up from JP¥32.56 in 2Q 2022). Revenue: JP¥13.2b (up 12% from 2Q 2022). Net income: JP¥463.0m (up 42% from 2Q 2022). Profit margin: 3.5% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. 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. 6 non-independent directors. Independent Outside Director Yusaku Akasaki 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. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥46.11 (vs JP¥32.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.11 (up from JP¥32.56 in 2Q 2022). Revenue: JP¥13.2b (up 12% from 2Q 2022). Net income: JP¥463.0m (up 42% from 2Q 2022). Profit margin: 3.5% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥35.15 (vs JP¥47.00 in 1Q 2022) First quarter 2023 results: EPS: JP¥35.15 (down from JP¥47.00 in 1Q 2022). Revenue: JP¥12.6b (up 13% from 1Q 2022). Net income: JP¥353.0m (down 25% from 1Q 2022). Profit margin: 2.8% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Tillkännagivande • Jul 26
SPK Corporation to Report Q2, 2023 Results on Oct 31, 2022 SPK Corporation announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jun 26
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥47.7b (up 14% from FY 2021). Net income: JP¥1.63b (up 18% from FY 2021). Profit margin: 3.4% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Tillkännagivande • Jun 08
SPK Corporation to Report Q1, 2023 Results on Jul 29, 2022 SPK Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 04
Full year 2022 earnings released: EPS: JP¥162 (vs JP¥138 in FY 2021) Full year 2022 results: EPS: JP¥162 (up from JP¥138 in FY 2021). Revenue: JP¥47.7b (up 14% from FY 2021). Net income: JP¥1.63b (up 18% from FY 2021). Profit margin: 3.4% (up from 3.3% 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 whereas the company’s share price has increased by 3% per year. Tillkännagivande • May 02
SPK Corporation, Annual General Meeting, Jun 22, 2022 SPK Corporation, Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Naoko Nakatsukasa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Tillkännagivande • Apr 08
SPK Corporation to Report Fiscal Year 2022 Results on May 02, 2022 SPK Corporation announced that they will report fiscal year 2022 results on May 02, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥38.44 (down from JP¥40.83 in 3Q 2021). Revenue: JP¥12.2b (up 12% from 3Q 2021). Net income: JP¥386.0m (down 5.9% from 3Q 2021). Profit margin: 3.2% (down from 3.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥32.56 (vs JP¥32.36 in 2Q 2021) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2022 results: Revenue: JP¥11.8b (up 18% from 2Q 2021). Net income: JP¥327.0m (flat on 2Q 2021). Profit margin: 2.8% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 01
First quarter 2022 earnings released: EPS JP¥47.00 (vs JP¥20.91 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.1b (up 18% from 1Q 2021). Net income: JP¥472.0m (up 125% from 1Q 2021). Profit margin: 4.2% (up from 2.2% in 1Q 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 whereas the company’s share price has increased by 1% per year. Tillkännagivande • Jul 03
SPK Corporation (TSE:7466) agreed to acquire Car Beauty Pro Co., Ltd. from Hiroshi Oguchi. SPK Corporation (TSE:7466) agreed to acquire Car Beauty Pro Co., Ltd. from Hiroshi Oguchi. on July 2, 2021. SPK Corporation will acquire 20,000 shares of Car Beauty Pro Co., Ltd. Pursuant to the acquisition Car Beauty Pro Co., Ltd. will become a subsidiary of SPK Corporation. For the fiscal year ended December 2020, Car Beauty Pro Co., Ltd. reported Net assets of (¥ 21 million). Total assets of ¥ 404 million, Sales as ¥ 477 million, Net income as (¥ 93 million), Operating Income as (¥ 90 million). The transaction is expected to close on July 15, 2021. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥138 (vs JP¥155 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥41.9b (down 4.5% from FY 2020). Net income: JP¥1.38b (down 11% from FY 2020). Profit margin: 3.3% (down from 3.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Reported Earnings • Apr 29
Full year 2021 earnings released: EPS JP¥138 (vs JP¥155 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥41.9b (down 4.5% from FY 2020). Net income: JP¥1.38b (down 11% from FY 2020). Profit margin: 3.3% (down from 3.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 01 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Is New 90 Day High Low • Mar 16
New 90-day high: JP¥1,311 The company is up 1.0% from a price of JP¥1,293 on 16 December 2020. Underperformed the Japanese market, which is up 10.0% over the last 90 days. Lagged the Retail Distributors industry, which is up 3.0% over the same period. Tillkännagivande • Mar 13
SPK Corporation to Report Fiscal Year 2021 Results on Apr 27, 2021 SPK Corporation announced that they will report fiscal year 2021 results on Apr 27, 2021 Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥40.83 (vs JP¥30.37 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥10.9b (flat on 3Q 2020). Net income: JP¥410.0m (up 34% from 3Q 2020). Profit margin: 3.8% (up from 2.8% in 3Q 2020). 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 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Dec 27
SPK Corporation to Report Q3, 2021 Results on Jan 29, 2021 SPK Corporation announced that they will report Q3, 2021 results on Jan 29, 2021 Tillkännagivande • Sep 04
SPK Corporation to Report Q2, 2021 Results on Oct 26, 2020 SPK Corporation announced that they will report Q2, 2021 results on Oct 26, 2020