Duyuru • Aug 08
Stella Chemifa Corporation (TSE:4109) announces an Equity Buyback for 300,000 shares, representing 2.46% for ¥1,900 million. Stella Chemifa Corporation (TSE:4109) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.5% of the outstanding shares (excluding treasury stock) for ¥1,900 million. The purpose of the program is to implement a flexible capital policy aimed at improving capital efficiency and enhancing shareholder returns. The program will be valid till October 30, 2026. As of June 30, 2026, the company had 12,206,329 shares (excluding treasury stock) outstanding and 766,919 shares in treasury. Reported Earnings • Aug 07
First quarter 2027 earnings released: EPS: JP¥89.63 (vs JP¥70.15 in 1Q 2026) First quarter 2027 results: EPS: JP¥89.63 (up from JP¥70.15 in 1Q 2026). Revenue: JP¥9.75b (up 11% from 1Q 2026). Net income: JP¥1.09b (up 32% from 1Q 2026). Profit margin: 11% (up from 9.4% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €31.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 86% over the past three years. Declared Dividend • Jul 28
Final dividend of JP¥90.00 announced Shareholders will receive a dividend of JP¥90.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 314%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (154% cash payout ratio). The dividend has increased by an average of 17% 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. Duyuru • Jun 20
Stella Chemifa Corporation to Report Q1, 2027 Results on Aug 06, 2026 Stella Chemifa Corporation announced that they will report Q1, 2027 results on Aug 06, 2026 Duyuru • May 15
Stella Chemifa Corporation, Annual General Meeting, Jun 19, 2026 Stella Chemifa Corporation, Annual General Meeting, Jun 19, 2026. Duyuru • May 09
Stella Chemifa Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Stella Chemifa Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Duyuru • Feb 26
Stella Chemifa Corporation announced that it expects to receive ¥2.058868 billion in funding from Soulbrain Holdings Co., Ltd. Stella Chemifa Corporation announced a private placement to issue 389,200 common shares at a price of ¥5,290 per share for aggregate gross proceeds of ¥2,058,868,000 on February 24, 2026. Issuance expenses related to the transaction amounts to ¥3,000,000 resulting in total net proceeds of ¥2,055,868,000. The transaction is expected to close on March 12, 2026 and will include participation from Soulbrain Holdings Co., Ltd. The transaction has been approved by the board of directors. Duyuru • Dec 24
Stella Chemifa Corporation to Report Q3, 2026 Results on Feb 12, 2026 Stella Chemifa Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Duyuru • Sep 23
Stella Chemifa Corporation to Report Q2, 2026 Results on Nov 13, 2025 Stella Chemifa Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Duyuru • Jun 29
Stella Chemifa Corporation to Report Q1, 2026 Results on Aug 07, 2025 Stella Chemifa Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Duyuru • May 09
Stella Chemifa Corporation, Annual General Meeting, Jun 27, 2025 Stella Chemifa Corporation, Annual General Meeting, Jun 27, 2025. Duyuru • Mar 27
Stella Chemifa Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Stella Chemifa Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Duyuru • Feb 13
Stella Chemifa Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Stella Chemifa Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net revenues of JPY 35,500 million, operating profit of JPY 4,200 million, profit attributable to owners of parent JPY 3,000 million and basic earnings per share of JPY 249.85. Duyuru • Dec 26
Stella Chemifa Corporation (TSE:4109) announces an Equity Buyback for 240,000 shares, representing 1.99% for ¥1,200 million. Stella Chemifa Corporation (TSE:4109) announces a share repurchase program. Under the program, the company will repurchase 240,000 shares, representing 2% of the outstanding shares (excluding treasury stock) for ¥1,200 million. The purpose of the program is to implement a flexible capital policy aimed at improving capital efficiency and enhancing shareholder returns. The program will be valid till March 24, 2025. As of September 30, 2024, the company had 12,042,602 shares (excluding treasury stock) outstanding and 1,170,646 shares in treasury. Duyuru • Dec 19
Stella Chemifa Corporation to Report Q3, 2025 Results on Feb 12, 2025 Stella Chemifa Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥70.34 (vs JP¥33.34 in 2Q 2024) Second quarter 2025 results: EPS: JP¥70.34 (up from JP¥33.34 in 2Q 2024). Revenue: JP¥9.41b (up 31% from 2Q 2024). Net income: JP¥843.0m (up 110% from 2Q 2024). Profit margin: 9.0% (up from 5.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Duyuru • Sep 26
Stella Chemifa Corporation to Report Q2, 2025 Results on Nov 08, 2024 Stella Chemifa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥68.17 (vs JP¥57.77 in 1Q 2024) First quarter 2025 results: EPS: JP¥68.17 (up from JP¥57.77 in 1Q 2024). Revenue: JP¥8.76b (up 20% from 1Q 2024). Net income: JP¥824.0m (up 19% from 1Q 2024). Profit margin: 9.4% (in line with 1Q 2024). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥85.00 announced Shareholders will receive a dividend of JP¥85.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 351%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (244% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 29
Stella Chemifa Corporation to Report Q1, 2025 Results on Aug 07, 2024 Stella Chemifa Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥153 (vs JP¥186 in FY 2023) Full year 2024 results: EPS: JP¥153 (down from JP¥186 in FY 2023). Revenue: JP¥30.4b (down 14% from FY 2023). Net income: JP¥1.85b (down 19% from FY 2023). Profit margin: 6.1% (down from 6.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • May 12
Stella Chemifa Corporation, Annual General Meeting, Jun 27, 2024 Stella Chemifa Corporation, Annual General Meeting, Jun 27, 2024. Duyuru • Mar 29
Stella Chemifa Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Stella Chemifa Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%). Declared Dividend • Feb 16
Dividend of JP¥85.00 announced Shareholders will receive a dividend of JP¥85.00. Ex-date: 28th March 2024 Payment date: 3rd June 2024 Dividend yield will be 371%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: JP¥50.88 (vs JP¥113 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥50.88 (up from JP¥113 loss in 3Q 2023). Revenue: JP¥8.81b (up 1.9% from 3Q 2023). Net income: JP¥612.0m (up JP¥1.98b from 3Q 2023). Profit margin: 6.9% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals 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 • Dec 22
Stella Chemifa Corporation to Report Q3, 2024 Results on Feb 13, 2024 Stella Chemifa Corporation announced that they will report Q3, 2024 results on Feb 13, 2024 Duyuru • Nov 11
Stella Chemifa Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Stella Chemifa Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net revenues of JPY 32,300 million, operating profit of JPY 2,800 million, profit attributable to owners of parent JPY 1,650 million and basic earnings per share of JPY 137.33. Duyuru • Nov 10
Stella Chemifa Corporation Announces Dividend for the Second Quarter of Fiscal Year Ended 2024, Payable on November 30, 2023 Stella Chemifa Corporation announced dividend of JPY 60.00 per share for the Second Quarter of fiscal year ended March 31, 2024 against JPY 30.00 per share paid for the same period a year ago. Payable on November 30, 2023. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥33.34 (vs JP¥139 in 2Q 2023) Second quarter 2024 results: EPS: JP¥33.34 (down from JP¥139 in 2Q 2023). Revenue: JP¥7.20b (down 27% from 2Q 2023). Net income: JP¥401.0m (down 77% from 2Q 2023). Profit margin: 5.6% (down from 18% in 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Duyuru • Sep 22
Stella Chemifa Corporation to Report Q2, 2024 Results on Nov 09, 2023 Stella Chemifa Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥60.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 43% and the cash payout ratio is 79%. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥57.76 (vs JP¥103 in 1Q 2023) First quarter 2024 results: EPS: JP¥57.76 (down from JP¥103 in 1Q 2023). Revenue: JP¥7.30b (down 25% from 1Q 2023). Net income: JP¥694.0m (down 46% from 1Q 2023). Profit margin: 9.5% (down from 13% in 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Jun 29
Stella Chemifa Corporation to Report Q1, 2024 Results on Aug 08, 2023 Stella Chemifa Corporation announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥186 (vs JP¥423 in FY 2022) Full year 2023 results: EPS: JP¥186 (down from JP¥423 in FY 2022). Revenue: JP¥35.4b (down 5.1% from FY 2022). Net income: JP¥2.28b (down 57% from FY 2022). Profit margin: 6.4% (down from 14% in FY 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%). Buying Opportunity • Mar 21
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €22.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 0.3% in 2 years. Earnings is forecast to decline by 7.7% in the next 2 years. Buying Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.1%. The fair value is estimated to be €21.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 0.7% in 2 years. Earnings is forecast to grow by 1.1% in the next 2 years. Duyuru • Feb 15
Stella Chemifa Corporation Provides Consolidated Earning Guidance for the Fiscal Year Ending March 31, 2023 Stella Chemifa Corporation provided Consolidated earning guidance for the fiscal year ending March 31, 2023. For the period, the company expects sales revenue of JPY 35,600 million, operating profit of JPY 3,750 million, ordinary profit of JPY 4,300 million, profit attributable to owners of parent of JPY 2,000 million and basic earnings per share of JPY 163.13. Duyuru • Feb 14
Stella Chemifa Corporation Provides Dividend Guidance for the Year Ending March 31, 2023 Stella Chemifa Corporation provided dividend guidance for the year ending March 31, 2023. For the year, the company expects to pay dividend of ¥30.00 per share against ¥36.00 per share paid a year ago. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥113 loss per share (vs JP¥103 profit in 3Q 2022) Third quarter 2023 results: JP¥113 loss per share (down from JP¥103 profit in 3Q 2022). Revenue: JP¥8.65b (down 4.0% from 3Q 2022). Net loss: JP¥1.36b (down 205% from profit in 3Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • Dec 23
Stella Chemifa Corporation to Report Q3, 2023 Results on Feb 10, 2023 Stella Chemifa Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥139 (vs JP¥82.81 in 2Q 2022) Second quarter 2023 results: EPS: JP¥139 (up from JP¥82.81 in 2Q 2022). Revenue: JP¥9.85b (up 7.0% from 2Q 2022). Net income: JP¥1.73b (up 63% from 2Q 2022). Profit margin: 18% (up from 12% in 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: JP¥139 (vs JP¥82.81 in 2Q 2022) Second quarter 2023 results: EPS: JP¥139 (up from JP¥82.81 in 2Q 2022). Revenue: JP¥9.85b (up 7.0% from 2Q 2022). Net income: JP¥1.73b (up 63% from 2Q 2022). Profit margin: 18% (up from 12% in 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Nov 01
Stella Chemifa Ordinary Shares to Be Deleted from OTC Equity Stella Chemifa Corporation Osaka Ordinary Shares (Japan) will be deleted from OTC Equity effective from November 01, 2022, due to Inactive Security. Duyuru • Sep 23
Stella Chemifa Corporation to Report Q2, 2023 Results on Nov 09, 2022 Stella Chemifa Corporation announced that they will report Q2, 2023 results on Nov 09, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Duyuru • Aug 25
Stella Chemifa Corporation (TSE:4109) announces an Equity Buyback for 500,000 shares, representing 4% for ¥1,700 million. Stella Chemifa Corporation (TSE:4109) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 4% of the outstanding shares (excluding treasury stock) for ¥1,700 million. The purpose of the program is to implement a flexible capital policy aimed at improving capital efficiency and enhancing shareholder returns. The program will be valid till March 24, 2023. As of June 30, 2022, the company had 12,513,957 shares (excluding treasury stock) outstanding and 699,291 shares in treasury. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥103 (vs JP¥62.59 in 1Q 2022) First quarter 2023 results: EPS: JP¥103 (up from JP¥62.59 in 1Q 2022). Revenue: JP¥9.76b (up 9.8% from 1Q 2022). Net income: JP¥1.30b (up 62% from 1Q 2022). Profit margin: 13% (up from 9.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.3%, compared to a 3.7% growth forecast for the 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 3% per year, which means it is significantly lagging earnings. Duyuru • Jun 29
Stella Chemifa Corporation to Report Q1, 2023 Results on Aug 05, 2022 Stella Chemifa Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Duyuru • May 12
Stella Chemifa Corporation, Annual General Meeting, Jun 24, 2022 Stella Chemifa Corporation, Annual General Meeting, Jun 24, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥423 (vs JP¥231 in FY 2021) Full year 2022 results: EPS: JP¥423 (up from JP¥231 in FY 2021). Revenue: JP¥37.3b (up 13% from FY 2021). Net income: JP¥5.36b (up 81% from FY 2021). Profit margin: 14% (up from 9.0% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.4%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 11% 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 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Outside Director Jun Yamamoto 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. Duyuru • Apr 07
Stella Chemifa Corporation to Report Fiscal Year 2022 Results on May 10, 2022 Stella Chemifa Corporation announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%). Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥103 (up from JP¥68.45 in 3Q 2021). Revenue: JP¥9.02b (up 8.4% from 3Q 2021). Net income: JP¥1.30b (up 48% from 3Q 2021). Profit margin: 14% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.9%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • Dec 09
Soulbrain Co., Ltd. (KOSDAQ:A357780) signed a share transfer agreement to acquire additional 39% stake in Fect Co., Ltd. from Stella Chemifa Corporation (TSE:4109). Soulbrain Co., Ltd. (KOSDAQ:A357780) signed a share transfer agreement to acquire additional 39% stake in Fect Co., Ltd. from Stella Chemifa Corporation (TSE:4109) on December 7, 2021. As part of the transaction, Soulbrain will acquire 249,600 shares from Stella Chemifa. Post completion, Soulbrain will hold 88%, Maruzen Chemicals Co., Ltd will hold 10% and the remaining 2% by individual. Completion of the transaction is expected late December, 2021. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥82.80 (vs JP¥48.31 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥9.21b (up 9.8% from 2Q 2021). Net income: JP¥1.06b (up 71% from 2Q 2021). Profit margin: 12% (up from 7.4% 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 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Sep 24
Stella Chemifa Corporation (TSE:4109) announces an Equity Buyback for 300,000 shares, representing 2.34% for KRW 1,100 million. Stella Chemifa Corporation (TSE:4109) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.34% of the outstanding shares (excluding treasury stock), at ¥3,666.67 per share for ¥1,100 million. The purpose of the program is to enable the execution of agile capital policies aimed at improving capital efficiency and strengthening shareholder returns. The program will be valid till December 30, 2021. As of June 30, 2021, the company had 12,813,519 shares (excluding treasury stock) outstanding and 399,729 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥62.59 (vs JP¥37.22 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥8.90b (up 8.2% from 1Q 2021). Net income: JP¥802.0m (up 67% from 1Q 2021). Profit margin: 9.0% (up from 5.8% 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 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Jul 27
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. 8 non-independent directors. Independent Outside Director Jun Yamamoto 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. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥231 (vs JP¥149 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥32.9b (down 2.5% from FY 2020). Net income: JP¥2.96b (up 54% from FY 2020). Profit margin: 9.0% (up from 5.7% in FY 2020). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 03 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%). Is New 90 Day High Low • Feb 26
New 90-day low: €24.00 The company is down 8.0% from its price of €26.20 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.51 per share. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥68.43 (vs JP¥35.93 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥8.32b (up 9.5% from 3Q 2020). Net income: JP¥877.0m (up 89% from 3Q 2020). Profit margin: 11% (up from 6.1% in 3Q 2020). The increase in margin was driven by higher revenue. 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 13% per year. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 5.1% growth forecast for the Chemicals industry in Germany. Is New 90 Day High Low • Jan 19
New 90-day high: €28.40 The company is up 19% from its price of €23.80 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.11 per share. Duyuru • Dec 25
Stella Chemifa Corporation to Report Q3, 2021 Results on Feb 10, 2021 Stella Chemifa Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS JP¥48.31 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥8.39b (up 13% from 2Q 2020). Net income: JP¥619.0m (up 277% from 2Q 2020). Profit margin: 7.4% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue misses expectations Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 6.6%, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Is New 90 Day High Low • Nov 07
New 90-day high: €25.20 The company is up 13% from its price of €22.40 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.36 per share. Duyuru • Sep 25
Stella Chemifa Corporation to Report Q2, 2021 Results on Nov 06, 2020 Stella Chemifa Corporation announced that they will report Q2, 2021 results on Nov 06, 2020 Duyuru • Jun 29
Stella Chemifa Corporation to Report Q1, 2021 Results on Aug 06, 2020 Stella Chemifa Corporation announced that they will report Q1, 2021 results on Aug 06, 2020 
