Duyuru • Oct 28
Ohara Inc. to Report Fiscal Year 2025 Results on Dec 11, 2025 Ohara Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Dec 11, 2025 Duyuru • Jul 30
Ohara Inc. to Report Q3, 2025 Results on Sep 12, 2025 Ohara Inc. announced that they will report Q3, 2025 results on Sep 12, 2025 Duyuru • Apr 29
Ohara Inc. to Report Q2, 2025 Results on Jun 13, 2025 Ohara Inc. announced that they will report Q2, 2025 results on Jun 13, 2025 Duyuru • Jan 28
Ohara Inc. to Report Q1, 2025 Results on Mar 14, 2025 Ohara Inc. announced that they will report Q1, 2025 results on Mar 14, 2025 Duyuru • Dec 12
Ohara Inc., Annual General Meeting, Jan 29, 2025 Ohara Inc., Annual General Meeting, Jan 29, 2025. Duyuru • Oct 29
Ohara Inc. to Report Fiscal Year 2024 Results on Dec 12, 2024 Ohara Inc. announced that they will report fiscal year 2024 results on Dec 12, 2024 Upcoming Dividend • Oct 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 October 2024. Payment date: 28 January 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (1.9%). Reported Earnings • Sep 17
Third quarter 2024 earnings released: EPS: JP¥23.31 (vs JP¥13.71 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.31 (up from JP¥13.71 in 3Q 2023). Revenue: JP¥7.59b (up 10% from 3Q 2023). Net income: JP¥568.0m (up 70% from 3Q 2023). Profit margin: 7.5% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic 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 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €6.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 35% over the past three years. Duyuru • Jul 27
Ohara Inc. to Report Q3, 2024 Results on Sep 13, 2024 Ohara Inc. announced that they will report Q3, 2024 results on Sep 13, 2024 Declared Dividend • Jun 17
Dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 30th October 2024 Payment date: 28th January 2025 Dividend yield will be 301%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not covered by cash flows (342% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 145% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 17
Second quarter 2024 earnings released: EPS: JP¥20.07 (vs JP¥25.33 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.07 (down from JP¥25.33 in 2Q 2023). Revenue: JP¥6.90b (down 8.1% from 2Q 2023). Net income: JP¥489.0m (down 21% from 2Q 2023). Profit margin: 7.1% (down from 8.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic 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 9% per year, which means it is significantly lagging earnings. Duyuru • Apr 29
Ohara Inc. to Report Q2, 2024 Results on Jun 14, 2024 Ohara Inc. announced that they will report Q2, 2024 results on Jun 14, 2024 Reported Earnings • Mar 10
First quarter 2024 earnings released: EPS: JP¥4.76 (vs JP¥24.76 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.76 (down from JP¥24.76 in 1Q 2023). Revenue: JP¥6.35b (down 9.9% from 1Q 2023). Net income: JP¥116.0m (down 81% from 1Q 2023). Profit margin: 1.8% (down from 8.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • Feb 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Yukako Makino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jan 28
Ohara Inc. to Report Q1, 2024 Results on Mar 08, 2024 Ohara Inc. announced that they will report Q1, 2024 results on Mar 08, 2024 Duyuru • Dec 16
Ohara Inc., Annual General Meeting, Jan 25, 2024 Ohara Inc., Annual General Meeting, Jan 25, 2024. Reported Earnings • Dec 15
Full year 2023 earnings released: EPS: JP¥64.53 (vs JP¥86.89 in FY 2022) Full year 2023 results: EPS: JP¥64.53 (down from JP¥86.89 in FY 2022). Revenue: JP¥28.1b (flat on FY 2022). Net income: JP¥1.57b (down 26% from FY 2022). Profit margin: 5.6% (down from 7.5% in FY 2022). Duyuru • Oct 28
Ohara Inc. to Report Fiscal Year 2023 Results on Dec 14, 2023 Ohara Inc. announced that they will report fiscal year 2023 results on Dec 14, 2023 Upcoming Dividend • Oct 23
Upcoming dividend of JP¥20.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 29 January 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.9%). Reported Earnings • Sep 11
Third quarter 2023 earnings released: EPS: JP¥13.71 (vs JP¥24.23 in 3Q 2022) Third quarter 2023 results: EPS: JP¥13.71 (down from JP¥24.23 in 3Q 2022). Revenue: JP¥6.89b (down 6.5% from 3Q 2022). Net income: JP¥334.0m (down 43% from 3Q 2022). Profit margin: 4.8% (down from 8.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Duyuru • Jul 29
Ohara Inc. to Report Q3, 2023 Results on Sep 08, 2023 Ohara Inc. announced that they will report Q3, 2023 results on Sep 08, 2023 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €10.20, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 26% over the past year. Reported Earnings • Jun 12
Second quarter 2023 earnings released: EPS: JP¥25.33 (vs JP¥17.41 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.33 (up from JP¥17.41 in 2Q 2022). Revenue: JP¥7.51b (up 9.1% from 2Q 2022). Net income: JP¥617.0m (up 46% from 2Q 2022). Profit margin: 8.2% (up from 6.2% in 2Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Mar 12
First quarter 2023 earnings released: EPS: JP¥24.76 (vs JP¥23.00 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.76 (up from JP¥23.00 in 1Q 2022). Revenue: JP¥7.04b (up 5.1% from 1Q 2022). Net income: JP¥603.0m (up 7.7% from 1Q 2022). Profit margin: 8.6% (up from 8.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Duyuru • Jan 28
Ohara Inc. to Report Q1, 2023 Results on Mar 10, 2023 Ohara Inc. announced that they will report Q1, 2023 results on Mar 10, 2023 Reported Earnings • Dec 18
Full year 2022 earnings released: EPS: JP¥86.89 (vs JP¥59.97 in FY 2021) Full year 2022 results: EPS: JP¥86.89 (up from JP¥59.97 in FY 2021). Revenue: JP¥28.3b (up 20% from FY 2021). Net income: JP¥2.12b (up 45% from FY 2021). Profit margin: 7.5% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Duyuru • Dec 17
Ohara Inc., Annual General Meeting, Jan 26, 2023 Ohara Inc., Annual General Meeting, Jan 26, 2023. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. President, CEO & Director Hirokazu Saito was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Oct 22
Ohara Inc. to Report Fiscal Year 2022 Results on Dec 15, 2022 Ohara Inc. announced that they will report fiscal year 2022 results on Dec 15, 2022 Upcoming Dividend • Oct 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 October 2022. Payment date: 28 January 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.2%). In line with average of industry peers (1.3%). Reported Earnings • Sep 11
Third quarter 2022 earnings released: EPS: JP¥24.23 (vs JP¥22.34 in 3Q 2021) Third quarter 2022 results: EPS: JP¥24.23 (up from JP¥22.34 in 3Q 2021). Revenue: JP¥7.37b (up 14% from 3Q 2021). Net income: JP¥590.0m (up 8.5% from 3Q 2021). Profit margin: 8.0% (down from 8.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Duyuru • Jul 28
Ohara Inc. to Report Q3, 2022 Results on Sep 09, 2022 Ohara Inc. announced that they will report Q3, 2022 results on Sep 09, 2022 Reported Earnings • Jun 13
Second quarter 2022 earnings released: EPS: JP¥17.41 (vs JP¥13.60 in 2Q 2021) Second quarter 2022 results: EPS: JP¥17.41 (up from JP¥13.60 in 2Q 2021). Revenue: JP¥6.89b (up 21% from 2Q 2021). Net income: JP¥424.0m (up 28% from 2Q 2021). Profit margin: 6.2% (up from 5.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.6% compared to a 19% growth forecast for the industry in Germany. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. President, CEO & Director Hirokazu Saito was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Apr 20
Ohara Inc. to Report Q2, 2022 Results on Jun 10, 2022 Ohara Inc. announced that they will report Q2, 2022 results on Jun 10, 2022 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 17% share price gain to €9.75, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Electronic industry in Germany. Total loss to shareholders of 23% over the past year. Reported Earnings • Mar 13
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: JP¥23.00 (up from JP¥1.60 loss in 1Q 2021). Revenue: JP¥6.70b (up 38% from 1Q 2021). Net income: JP¥560.0m (up JP¥599.0m from 1Q 2021). Profit margin: 8.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Over the next year, revenue is expected to shrink by 1.8% compared to a 23% growth forecast for the industry in Germany. Duyuru • Feb 03
Ohara Inc. to Report Q1, 2022 Results on Mar 11, 2022 Ohara Inc. announced that they will report Q1, 2022 results on Mar 11, 2022 Reported Earnings • Dec 16
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: JP¥59.97 (up from JP¥174 loss in FY 2020). Revenue: JP¥23.5b (up 32% from FY 2020). Net income: JP¥1.46b (up JP¥5.70b from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 3.2%. Over the next year, revenue is expected to shrink by 2.6% compared to a 26% growth forecast for the industry in Germany. Reported Earnings • Sep 16
Third quarter 2021 earnings released: EPS JP¥22.34 (vs JP¥16.72 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.50b (up 63% from 3Q 2020). Net income: JP¥544.0m (up JP¥951.0m from 3Q 2020). Profit margin: 8.4% (up from net loss in 3Q 2020). Reported Earnings • Jun 13
Second quarter 2021 earnings released: EPS JP¥13.60 (vs JP¥20.38 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥5.68b (up 13% from 2Q 2020). Net income: JP¥331.0m (up JP¥827.0m from 2Q 2020). Profit margin: 5.8% (up from net loss in 2Q 2020). Reported Earnings • Mar 14
First quarter 2021 earnings released: JP¥1.60 loss per share (vs JP¥26.21 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: JP¥4.86b (up 10.0% from 1Q 2020). Net loss: JP¥39.0m (loss narrowed 94% from 1Q 2020). Reported Earnings • Feb 03
Full year 2020 earnings released: JP¥174 loss per share (vs JP¥19.15 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: JP¥17.9b (down 24% from FY 2019). Net loss: JP¥4.24b (down JP¥4.71b from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Feb 03
Revenue beats expectations Revenue exceeded analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 16%, compared to a 22% growth forecast for the Electronic industry in Germany. Duyuru • Jan 28
Ohara Inc. to Report Q1, 2021 Results on Mar 12, 2021 Ohara Inc. announced that they will report Q1, 2021 results on Mar 12, 2021