Reported Earnings • Jul 31
First quarter 2027 earnings released: EPS: JP¥103 (vs JP¥61.07 in 1Q 2026) First quarter 2027 results: EPS: JP¥103 (up from JP¥61.07 in 1Q 2026). Revenue: JP¥184.1b (up 11% from 1Q 2026). Net income: JP¥29.4b (up 64% from 1Q 2026). Profit margin: 16% (up from 11% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 26
Final dividend of JP¥53.00 announced Shareholders will receive a dividend of JP¥53.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 165%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €31.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 223% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.43 per share. New Risk • Jul 16
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 8.1% 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 (8.1% average weekly change). Duyuru • Jun 27
NGK Corporation to Report Q1, 2027 Results on Jul 30, 2026 NGK Corporation announced that they will report Q1, 2027 results on Jul 30, 2026 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €37.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 261% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.33 per share. Board Change • May 21
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noriko Kawakami was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Apr 30
NGK Corporation, Annual General Meeting, Jun 29, 2026 NGK Corporation, Annual General Meeting, Jun 29, 2026. Duyuru • Apr 13
NGK Corporation to Report Fiscal Year 2026 Results on Apr 30, 2026 NGK Corporation announced that they will report fiscal year 2026 results on Apr 30, 2026 Duyuru • Dec 02
NGK Insulators, Ltd. to Report Q3, 2026 Results on Jan 29, 2026 NGK Insulators, Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Duyuru • Sep 27
NGK Insulators, Ltd. to Report Q2, 2026 Results on Oct 31, 2025 NGK Insulators, Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Duyuru • Jul 31
NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,000,000 shares, representing 2.73% for ¥15,000 million. NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 2.73% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on December 23, 2025. As of June 30, 2025, the company had 293,119,112 shares in issue (excluding treasury stock) and 4,837,884 shares in treasury. Duyuru • Jun 03
NGK Insulators, Ltd. to Report Q1, 2026 Results on Jul 31, 2025 NGK Insulators, Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Duyuru • Apr 28
NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025 NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025. Duyuru • Mar 05
NGK Insulators, Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025 NGK Insulators, Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025 Duyuru • Feb 27
NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million. NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million on February 27, 2025.The share acquisition will be executed after obtaining approvals from relevant authorities. Duyuru • Jan 17
NGK Insulators, Ltd. to Report Q3, 2025 Results on Jan 31, 2025 NGK Insulators, Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥50.25 (vs JP¥20.16 in 2Q 2024) Second quarter 2025 results: EPS: JP¥50.25 (up from JP¥20.16 in 2Q 2024). Revenue: JP¥145.8b (up 3.0% from 2Q 2024). Net income: JP¥14.9b (up 141% from 2Q 2024). Profit margin: 10% (up from 4.4% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Sep 27
NGK Insulators, Ltd. to Report Q2, 2025 Results on Oct 31, 2024 NGK Insulators, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.5%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €10.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.24 per share. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥36.80 (vs JP¥39.20 in 1Q 2024) First quarter 2025 results: EPS: JP¥36.80 (down from JP¥39.20 in 1Q 2024). Revenue: JP¥152.5b (up 7.9% from 1Q 2024). Net income: JP¥11.0b (down 8.7% from 1Q 2024). Profit margin: 7.2% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. 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 6% per year, which means it has not declined as severely as earnings. Duyuru • Jul 29
NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,000,000 shares, representing 1.68% for ¥10,000 million. NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.68% of its share capital, for ¥10,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on November 29, 2024. As of June 30, 2024, the company had 297,934,891 shares in issue (excluding treasury stock) and 14,022,105 shares in treasury. Buy Or Sell Opportunity • Jul 01
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €12.10. The fair value is estimated to be €15.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jun 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to €11.50. The fair value is estimated to be €14.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jun 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to €11.70. The fair value is estimated to be €14.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Duyuru • Jun 15
NGK Insulators, Ltd. to Report Q1, 2025 Results on Jul 29, 2024 NGK Insulators, Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥134 (vs JP¥177 in FY 2023) Full year 2024 results: EPS: JP¥134 (down from JP¥177 in FY 2023). Revenue: JP¥578.9b (up 3.5% from FY 2023). Net income: JP¥40.6b (down 26% from FY 2023). Profit margin: 7.0% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Duyuru • Apr 29
NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024 NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.2%). Duyuru • Mar 14
NGK Insulators, Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 NGK Insulators, Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥51.82 (vs JP¥80.95 in 3Q 2023) Third quarter 2024 results: EPS: JP¥51.82 (down from JP¥80.95 in 3Q 2023). Revenue: JP¥139.6b (flat on 3Q 2023). Net income: JP¥15.7b (down 38% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 30
Second quarter 2024 earnings released: EPS: JP¥20.16 (vs JP¥27.42 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.16 (down from JP¥27.42 in 2Q 2023). Revenue: JP¥141.6b (down 1.5% from 2Q 2023). Net income: JP¥6.18b (down 28% from 2Q 2023). Profit margin: 4.4% (down from 5.9% in 2Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Oct 29
NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,500,000 shares, representing 2.77% for ¥15,000 million. NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 2.77% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on February 29, 2024. As of September 30, 2023, the company had 306,418,755 shares in issue (excluding treasury stock) and 5,538,241 shares in treasury. Buying Opportunity • Oct 01
Now 20% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be €15.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%). Buying Opportunity • Sep 04
Now 20% undervalued Over the last 90 days, the stock is up 7.0%. The fair value is estimated to be €15.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period. New Risk • Aug 01
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: 8.6% Last year net profit margin: 14% 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. Profit margins are more than 30% lower than last year (8.6% net profit margin). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥39.20 (vs JP¥57.64 in 1Q 2023) First quarter 2024 results: EPS: JP¥39.20 (down from JP¥57.64 in 1Q 2023). Revenue: JP¥141.3b (up 7.9% from 1Q 2023). Net income: JP¥12.0b (down 33% from 1Q 2023). Profit margin: 8.5% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥177 (vs JP¥227 in FY 2022) Full year 2023 results: EPS: JP¥177 (down from JP¥227 in FY 2022). Revenue: JP¥559.2b (up 9.6% from FY 2022). Net income: JP¥55.0b (down 22% from FY 2022). Profit margin: 9.8% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥80.95 (vs JP¥46.21 in 3Q 2022) Third quarter 2023 results: EPS: JP¥80.95 (up from JP¥46.21 in 3Q 2022). Revenue: JP¥140.4b (up 15% from 3Q 2022). Net income: JP¥25.1b (up 74% from 3Q 2022). Profit margin: 18% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. 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 Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥27.42 (vs JP¥50.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.42 (down from JP¥50.56 in 2Q 2022). Revenue: JP¥143.7b (up 18% from 2Q 2022). Net income: JP¥8.55b (down 46% from 2Q 2022). Profit margin: 5.9% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. 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 5% per year, which means it is significantly lagging earnings. Duyuru • Oct 29
NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,500,000 shares, representing 1.76% for ¥10,000 million. NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 1.76% for ¥10,000 million. The purpose of the program is to improve capital efficiency and implement flexible capital policies according to the business environment. The program will expire on February 28, 2023. As of September 30, 2022, the company had 311,771,350 shares in issue and 5,558,646 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.2%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥57.64 (vs JP¥51.30 in 1Q 2022) First quarter 2023 results: EPS: JP¥57.64 (up from JP¥51.30 in 1Q 2022). Revenue: JP¥131.0b (up 1.7% from 1Q 2022). Net income: JP¥18.0b (up 11% from 1Q 2022). Profit margin: 14% (up from 13% in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • May 02
NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022 NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥227 (vs JP¥122 in FY 2021) Full year 2022 results: EPS: JP¥227 (up from JP¥122 in FY 2021). Revenue: JP¥510.4b (up 13% from FY 2021). Net income: JP¥70.9b (up 84% from FY 2021). Profit margin: 14% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. 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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Apr 08
NGK Insulators, Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022 NGK Insulators, Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥46.21 (down from JP¥59.59 in 3Q 2021). Revenue: JP¥121.7b (down 1.7% from 3Q 2021). Net income: JP¥14.4b (down 24% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 5.4%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS JP¥50.56 (vs JP¥23.73 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥121.4b (up 8.5% from 2Q 2021). Net income: JP¥15.8b (up 110% from 2Q 2021). Profit margin: 13% (up from 6.7% in 2Q 2021). 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 whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥51.30 (vs JP¥0.77 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¥128.8b (up 55% from 1Q 2021). Net income: JP¥16.2b (up JP¥16.4b from 1Q 2021). Profit margin: 13% (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 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Executive Departure • Jul 01
Senior VP, GM of Tokyo Main Office & Director Susumu Sakabe has left the company On the 22nd of June, Susumu Sakabe's tenure as Senior VP, GM of Tokyo Main Office & Director ended after 11.1 years in the role. We don't have any record of a personal shareholding under Susumu's name. Susumu is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥122 (vs JP¥84.73 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥452.0b (up 2.3% from FY 2020). Net income: JP¥38.5b (up 42% from FY 2020). Profit margin: 8.5% (up from 6.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%). Is New 90 Day High Low • Mar 11
New 90-day high: €15.60 The company is up 22% from its price of €12.80 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.24 per share. Duyuru • Mar 04
NGK Insulators, Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021 NGK Insulators, Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021 Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS JP¥59.59 (vs JP¥31.34 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥123.9b (up 14% from 3Q 2020). Net income: JP¥18.9b (up 88% from 3Q 2020). Profit margin: 15% (up from 9.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 04
Revenue beats expectations Revenue exceeded analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 8.2%, compared to a 4.9% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 28
New 90-day high: €14.60 The company is up 23% from its price of €11.90 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.54 per share. Duyuru • Nov 29
NGK Insulators, Ltd. to Report Q3, 2021 Results on Jan 29, 2021 NGK Insulators, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Nov 11
New 90-day high: €13.70 The company is up 13% from its price of €12.10 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.13 per share. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥23.73 The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% 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. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.5% while the growth in Machinery industry in Germany is expected to stay flat. Reported Earnings • Nov 02
Second quarter 2021 earnings released: EPS JP¥23.73 The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% 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. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.8% while the growth in Machinery industry in Germany is expected to stay flat. Is New 90 Day High Low • Oct 24
New 90-day high: €12.90 The company is up 13% from its price of €11.40 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.10 per share. Duyuru • Oct 08
NGK Insulators, Ltd. to Report Q2, 2021 Results on Oct 30, 2020 NGK Insulators, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 
