Reported Earnings • Jun 21
Full year 2026 earnings released: EPS: JP¥315 (vs JP¥187 in FY 2025) Full year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 03
ARE Holdings, Inc. to Report Q1, 2027 Results on Aug 04, 2026 ARE Holdings, Inc. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 04, 2026 Duyuru • May 01
ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026 ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026. Duyuru • Feb 10
ARE Holdings, Inc. to Report Fiscal Year 2026 Results on May 01, 2026 ARE Holdings, Inc. announced that they will report fiscal year 2026 results on May 01, 2026 Declared Dividend • Dec 30
First half dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 335%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Dec 05
ARE Holdings, Inc. to Report Q3, 2026 Results on Feb 03, 2026 ARE Holdings, Inc. announced that they will report Q3, 2026 results on Feb 03, 2026 Duyuru • Aug 04
ARE Holdings, Inc. to Report Q2, 2026 Results on Oct 29, 2025 ARE Holdings, Inc. announced that they will report Q2, 2026 results on Oct 29, 2025 Duyuru • May 02
ARE Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025 ARE Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025 Duyuru • Apr 25
ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025 ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025. Duyuru • Feb 12
ARE Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025 ARE Holdings, Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025 Duyuru • Dec 13
ARE Holdings, Inc. to Report Q3, 2025 Results on Jan 29, 2025 ARE Holdings, Inc. announced that they will report Q3, 2025 results on Jan 29, 2025 Declared Dividend • Nov 17
First half dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 376%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥37.36 in 2Q 2024) Second quarter 2025 results: EPS: JP¥44.58 (up from JP¥37.36 in 2Q 2024). Revenue: JP¥148.1b (up 73% from 2Q 2024). Net income: JP¥3.41b (up 19% from 2Q 2024). Profit margin: 2.3% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has fallen by 42% 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. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.2%). Duyuru • Aug 28
ARE Holdings, Inc. to Report Q2, 2025 Results on Oct 30, 2024 ARE Holdings, Inc. announced that they will report Q2, 2025 results on Oct 30, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥41.83 (vs JP¥31.26 in 1Q 2024) First quarter 2025 results: EPS: JP¥41.83 (up from JP¥31.26 in 1Q 2024). Revenue: JP¥92.3b (up 39% from 1Q 2024). Net income: JP¥3.20b (up 33% from 1Q 2024). Profit margin: 3.5% (in line with 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 11
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 347%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: JP¥111 (vs JP¥141 in FY 2023) Full year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Jun 14
ARE Holdings, Inc. to Report Q1, 2025 Results on Jul 31, 2024 ARE Holdings, Inc. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥111 (vs JP¥141 in FY 2023) Full year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Duyuru • Apr 02
Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024.
Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on March 31, 2024. Duyuru • Mar 27
ARE Holdings, Inc. Announces Change of Corporate Officers, as of April 1,2024 ARE Holdings, Inc. announced changes in Directors and Officers of the Company and Group Companies effective as of April 1,2024, it Newly appointed Yoshihito Iwasa also announced Hiroyuki Nakanishi and Shohei Yasuda is Retiring. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.3%). Duyuru • Mar 02
ARE Holdings, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024 ARE Holdings, Inc. announced that they will report fiscal year 2024 results on Apr 25, 2024 Duyuru • Feb 29
ARE Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending in March 2024 ARE Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending in March 2024. The company announced that, as stated in the "Notice on Conclusion of Basic Agreement on Share Exchange between Japan Waste, Consolidated Subsidiary, and Renatus Co. Ltd." dated October 26, 2023, the Company concluded a basic agreement with Renatus Co. Ltd. (hereinafter "Renatus") and J-STAR NO.5-A, LP to conduct a share exchange (hereinafter the "Share Exchange") in which Renatus would become the wholly owning parent company, and consolidated subsidiary, Japan Waste Corporation (hereinafter "Japan Waste"), would become the wholly owned subsidiary company, as of the same day. Due to the Share Exchange, Japan Waste will be classified as discontinued operations from the fourth quarter of the fiscal year ending March 2024. The impact of the Share Exchange on the Company's consolidated financial performance for the fiscal year ending in March 2024 is expected to be the decreases in revenue and operating profit from continued operations by approximately JPY 16,500 million and JPY 3,200 million, respectively. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥23.98 (vs JP¥37.59 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.98 (down from JP¥37.59 in 3Q 2023). Revenue: JP¥83.2b (up 14% from 3Q 2023). Net income: JP¥1.84b (down 36% from 3Q 2023). Profit margin: 2.2% (down from 3.9% in 3Q 2023). Revenue is forecast to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 34% 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. Duyuru • Dec 30
ARE Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024 ARE Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥37.36 (vs JP¥38.93 in 2Q 2023) Second quarter 2024 results: EPS: JP¥37.36 (down from JP¥38.93 in 2Q 2023). Revenue: JP¥85.4b (up 17% from 2Q 2023). Net income: JP¥2.86b (down 5.4% from 2Q 2023). Profit margin: 3.4% (down from 4.1% in 2Q 2023). Revenue is forecast to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥45.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%). Duyuru • Aug 27
ARE Holdings, Inc. to Report Q2, 2024 Results on Oct 26, 2023 ARE Holdings, Inc. announced that they will report Q2, 2024 results on Oct 26, 2023 New Risk • Jul 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥31.26 (vs JP¥54.27 in 1Q 2023) First quarter 2024 results: EPS: JP¥31.26 (down from JP¥54.27 in 1Q 2023). Revenue: JP¥66.5b (up 11% from 1Q 2023). Net income: JP¥2.40b (down 44% from 1Q 2023). Profit margin: 3.6% (down from 7.1% in 1Q 2023). Revenue is forecast to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% 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. Reported Earnings • Jun 25
Full year 2023 earnings released: EPS: JP¥141 (vs JP¥238 in FY 2022) Full year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. 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. Duyuru • May 31
Asahi Holdings, Inc. to Report Q1, 2024 Results on Jul 27, 2023 Asahi Holdings, Inc. announced that they will report Q1, 2024 results on Jul 27, 2023 Duyuru • May 20
Asahi Holdings, Inc. Announces Notice on the Change of Directors Asahi Holdings, Inc. announces that the Company has decided to submit a proposal for "Candidate for Director (excluding Directors who are Audit and Supervisory Committee Members)" and "Candidates for Directors who are Audit and Supervisory Committee Members" to the 14th Annual General Meeting of Shareholders to be convened on June 20, 2023. The Company also announces Directors and Officers of the Company and Group Companies scheduled to be appointed on June 20, 2023. Directors Planning to Retire (Scheduled on June 20, 2023). Name: Mitsuharu Terayama, Yuji Kimura, Kyoko Kanazawa. Current Position: Director and Chairman, Outside Director /Audit and Supervisory Committee Member, Outside Director /Audit and Supervisory Committee Member. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥141 (vs JP¥238 in FY 2022) Full year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 5.1% p.a. on average during the next 2 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥37.59 (vs JP¥49.77 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.59 (down from JP¥49.77 in 3Q 2022). Revenue: JP¥73.2b (up 54% from 3Q 2022). Net income: JP¥2.88b (down 26% from 3Q 2022). Profit margin: 3.9% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 1.6% p.a. on average during the next 3 years compared to a 2.3% decline forecast for the Metals and Mining industry in Europe. 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 8% per year. Duyuru • Dec 17
Asahi Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023 Asahi Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022) Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022) Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%). Duyuru • Sep 11
Asahi Holdings, Inc. to Report Q2, 2023 Results on Oct 27, 2022 Asahi Holdings, Inc. announced that they will report Q2, 2023 results on Oct 27, 2022 Duyuru • Aug 19
Asahi Holdings, Inc. (TSE:5857) announces an Equity Buyback for 2,000,000 shares, for ¥4,106 million. Asahi Holdings, Inc. (TSE:5857) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 2.51% of its issued share capital (excluding treasury stock), for ¥4,106 million. The shares will be repurchased at a price of ¥2,053 per share. The purpose of the program is to improve capital efficiency and enable a flexible capital policy that responds to changes in the business environment. The program will run until August 19, 2022. As of March 31, 2022, the company had 79,641,051 shares in issue (excluding treasury stock) and 67,637 shares in treasury. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥54.27 (vs JP¥61.53 in 1Q 2022) First quarter 2023 results: EPS: JP¥54.27 (down from JP¥61.53 in 1Q 2022). Revenue: JP¥59.7b (up 19% from 1Q 2022). Net income: JP¥4.27b (down 12% from 1Q 2022). Profit margin: 7.1% (down from 9.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.2%, compared to a 25% growth forecast for the industry in Germany. Duyuru • Jun 29
Asahi Holdings, Inc. to Report Q1, 2023 Results on Jul 28, 2022 Asahi Holdings, Inc. announced that they will report Q1, 2023 results on Jul 28, 2022 Reported Earnings • Jun 19
Full year 2022 earnings released: EPS: JP¥238 (vs JP¥327 in FY 2021) Full year 2022 results: EPS: JP¥238 (down from JP¥327 in FY 2021). Revenue: JP¥192.4b (up 17% from FY 2021). Net income: JP¥18.7b (down 27% from FY 2021). Profit margin: 9.7% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.0%, compared to a 32% growth forecast for the mining industry in Germany. Reported Earnings • Apr 29
Full year 2022 earnings released: EPS: JP¥238 (vs JP¥327 in FY 2021) Full year 2022 results: EPS: JP¥238 (down from JP¥327 in FY 2021). Revenue: JP¥192.4b (up 17% from FY 2021). Net income: JP¥18.7b (down 27% from FY 2021). Profit margin: 9.7% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.9%, compared to a 33% growth forecast for the mining industry in Germany. Duyuru • Apr 08
Asahi Holdings, Inc. to Report Fiscal Year 2022 Results on Apr 27, 2022 Asahi Holdings, Inc. announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%). Buying Opportunity • Mar 08
Now 22% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥22.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has grown by 47% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 18% share price gain to €18.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €24.33 per share. Duyuru • Jan 30
Asahi Holdings, Inc. Announces Dividend Guidance for Year End and Annual Dividend Ending March 31, 2022 Asahi Holdings, Inc. announced dividend guidance for Year end and annual dividend ending March 31, 2022. For the year end the company expected dividend of JPY 45.00 per share.For the Annual, the company expected dividend of JPY 90.00 per share. Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥49.77 (up from JP¥47.37 in 3Q 2021). Revenue: JP¥47.6b (up 16% from 3Q 2021). Net income: JP¥3.91b (up 5.0% from 3Q 2021). Profit margin: 8.2% (down from 9.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 5.6%, compared to a 16% growth forecast for the industry in Germany. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥61.09 (vs JP¥58.45 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥46.4b (up 16% from 2Q 2021). Net income: JP¥4.81b (up 4.6% from 2Q 2021). Profit margin: 10% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 20 November 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%). Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS JP¥61.53 (vs JP¥46.15 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: JP¥50.4b (up 29% from 1Q 2021). Net income: JP¥4.84b (up 33% from 1Q 2021). Profit margin: 9.6% (in line with 1Q 2021). Reported Earnings • Jun 20
Full year 2021 earnings released: EPS JP¥654 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥164.8b (up 22% from FY 2020). Net income: JP¥25.7b (up 125% from FY 2020). Profit margin: 16% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 29
Full year 2021 earnings released: EPS JP¥654 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥164.8b (up 22% from FY 2020). Net income: JP¥25.7b (up 125% from FY 2020). Profit margin: 16% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • Mar 23
Upcoming Dividend of JP¥90.00 Per Share Will be paid on the 27th of May to those who are registered shareholders by the 30th of March. The trailing yield of 4.0% is in the top quartile of German dividend payers (3.3%), but it is lower than industry peers (4.8%). Duyuru • Mar 21
Asahi Holdings, Inc. to Report Fiscal Year 2021 Results on Apr 27, 2021 Asahi Holdings, Inc. announced that they will report fiscal year 2021 results on Apr 27, 2021 Is New 90 Day High Low • Feb 02
New 90-day high: €34.00 The company is up 13% from its price of €30.00 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 64% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.13 per share. Reported Earnings • Jan 31
Third quarter 2021 earnings released: EPS JP¥94.74 (vs JP¥85.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥40.9b (up 7.3% from 3Q 2020). Net income: JP¥3.73b (up 11% from 3Q 2020). Profit margin: 9.1% (up from 8.8% in 3Q 2020). The increase in margin was driven by higher revenue. Duyuru • Jan 31
Asahi Holdings, Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2021 Asahi Holdings, Inc. revised consolidated earnings guidance for the year ending March 31, 2021. The company now expects revenue of JPY 165,000 million, operating profit of JPY 24,000 million, profit attributable to owners of the parent of JPY 25,000 million and basic earnings per share of JPY 635.35 compared to previous forecast of revenue of JPY 165,000 million, operating profit of JPY 21,000 million, profit attributable to owners of the parent of JPY 14,000 million and basic earnings per share of JPY 355.79. Is New 90 Day High Low • Jan 09
New 90-day high: €32.20 The company is up 15% from its price of €28.00 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 51% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €177 per share. Duyuru • Dec 23
Asahi Holdings, Inc. to Report Q3, 2021 Results on Jan 29, 2021 Asahi Holdings, Inc. announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Nov 27
New 90-day low: €25.60 The company is down 5.0% from its price of €27.00 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day high: €30.20 The company is up 6.0% from its price of €28.60 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. Duyuru • Sep 26
Asahi Holdings, Inc. to Report Q2, 2021 Results on Oct 28, 2020 Asahi Holdings, Inc. announced that they will report Q2, 2021 results on Oct 28, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: €29.00 The company is up 31% from its price of €22.20 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 17% over the same period.