Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥751, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 14x in the Electrical industry in Japan. Total loss to shareholders of 67% over the past three years. New Risk • Jun 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥2.81b market cap, or US$17.5m). Duyuru • Jun 03
Mitsuboshi Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Mitsuboshi Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥748, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 14x in the Electrical industry in Japan. Total loss to shareholders of 65% over the past three years. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥70.46 (vs JP¥62.46 in FY 2025) Full year 2026 results: EPS: JP¥70.46 (up from JP¥62.46 in FY 2025). Revenue: JP¥11.7b (up 7.8% from FY 2025). Net income: JP¥246.0m (up 14% from FY 2025). Profit margin: 2.1% (up from 2.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Duyuru • May 12
Mitsuboshi Co., Ltd., Annual General Meeting, Jun 23, 2026 Mitsuboshi Co., Ltd., Annual General Meeting, Jun 23, 2026. Duyuru • May 09
Mitsuboshi Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Mitsuboshi Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 New Risk • Mar 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 2.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.96b market cap, or US$18.5m). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). New Risk • Feb 26
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 Japanese stocks, typically moving 7.0% 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: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥3.75b market cap, or US$24.0m). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to JP¥1,040, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 17x in the Electrical industry in Japan. Total returns to shareholders of 28% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥40.04 (vs JP¥39.49 in 3Q 2025) Third quarter 2026 results: EPS: JP¥40.04 (up from JP¥39.49 in 3Q 2025). Revenue: JP¥3.00b (up 5.4% from 3Q 2025). Net income: JP¥138.0m (up 1.5% from 3Q 2025). Profit margin: 4.6% (down from 4.8% in 3Q 2025). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is significantly lagging earnings. Duyuru • Dec 27
Mitsuboshi Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Mitsuboshi Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 02
Second quarter 2026 earnings released: EPS: JP¥10.74 (vs JP¥7.85 in 2Q 2025) Second quarter 2026 results: EPS: JP¥10.74 (up from JP¥7.85 in 2Q 2025). Revenue: JP¥2.85b (up 6.5% from 2Q 2025). Net income: JP¥37.0m (up 37% from 2Q 2025). Profit margin: 1.3% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • Sep 01
Mitsuboshi Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Mitsuboshi Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥2.91 (vs JP¥3.78 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.91 (down from JP¥3.78 in 1Q 2025). Revenue: JP¥2.71b (up 1.2% from 1Q 2025). Net income: JP¥10.0m (down 23% from 1Q 2025). Profit margin: 0.4% (down from 0.5% in 1Q 2025). 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 31% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥48.80 (vs JP¥35.74 in FY 2024) Full year 2025 results: EPS: JP¥48.80 (up from JP¥35.74 in FY 2024). Revenue: JP¥10.9b (up 5.3% from FY 2024). Net income: JP¥168.0m (up 37% from FY 2024). Profit margin: 1.5% (up from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Duyuru • Jun 20
Mitsuboshi Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Mitsuboshi Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥48.80 (vs JP¥35.74 in FY 2024) Full year 2025 results: EPS: JP¥48.80 (up from JP¥35.74 in FY 2024). Revenue: JP¥10.9b (up 5.3% from FY 2024). Net income: JP¥168.0m (up 37% from FY 2024). Profit margin: 1.5% (up from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Duyuru • May 13
Mitsuboshi Co., Ltd., Annual General Meeting, Jun 24, 2025 Mitsuboshi Co., Ltd., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥715, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 10x in the Electrical industry in Japan. Total loss to shareholders of 32% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.9%). New Risk • Mar 07
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 Japanese stocks, typically moving 5.3% 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: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (279% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.15b market cap, or US$21.4m). Duyuru • Mar 04
Mitsuboshi Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Mitsuboshi Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: JP¥39.49 (vs JP¥7.84 in 3Q 2024) Third quarter 2025 results: EPS: JP¥39.49 (up from JP¥7.84 in 3Q 2024). Revenue: JP¥2.85b (up 2.8% from 3Q 2024). Net income: JP¥136.0m (up 404% from 3Q 2024). Profit margin: 4.8% (up from 1.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • Jan 08
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 Japanese stocks, typically moving 5.1% 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: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (279% cash payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥3.05b market cap, or US$19.2m). Duyuru • Dec 13
Mitsuboshi Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Mitsuboshi Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Nov 02
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: 0.6% Last year net profit margin: 1.3% 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥2.99b market cap, or US$19.6m). Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥7.84 (vs JP¥12.20 in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.84 (down from JP¥12.20 in 2Q 2024). Revenue: JP¥2.68b (up 8.5% from 2Q 2024). Net income: JP¥27.0m (down 36% from 2Q 2024). Profit margin: 1.0% (down from 1.7% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it has not declined as severely as earnings. Duyuru • Sep 06
Mitsuboshi Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Mitsuboshi Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to JP¥851, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 57% over the past three years. Duyuru • Jun 28
Mitsuboshi Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Mitsuboshi Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to JP¥1,978, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 370% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥1,275, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 200% over the past three years. New Risk • May 24
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 Japanese stocks, typically moving 5.7% 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: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥4.83b market cap, or US$30.7m). Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥35.73 (vs JP¥19.78 loss in FY 2023) Full year 2024 results: EPS: JP¥35.73 (up from JP¥19.78 loss in FY 2023). Revenue: JP¥10.3b (up 3.9% from FY 2023). Net income: JP¥123.0m (up JP¥191.0m from FY 2023). Profit margin: 1.2% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Duyuru • May 16
Mitsuboshi Co., Ltd., Annual General Meeting, Jun 25, 2024 Mitsuboshi Co., Ltd., Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.8%). Duyuru • Mar 02
Mitsuboshi Co., Ltd. to Report Q4, 2024 Results on May 14, 2024 Mitsuboshi Co., Ltd. announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥7.84 (vs JP¥2.91 in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.84 (up from JP¥2.91 in 3Q 2023). Revenue: JP¥2.77b (up 7.6% from 3Q 2023). Net income: JP¥27.0m (up 170% from 3Q 2023). Profit margin: 1.0% (up from 0.4% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Duyuru • Nov 30
Mitsuboshi Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Mitsuboshi Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥12.20 (vs JP¥29.35 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥12.20 (up from JP¥29.35 loss in 2Q 2023). Revenue: JP¥2.47b (down 2.8% from 2Q 2023). Net income: JP¥42.0m (up JP¥143.0m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 75% per year, which means it is well ahead of earnings. Duyuru • Sep 02
Mitsuboshi Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Mitsuboshi Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥15.11 (vs JP¥1.75 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥15.11 (up from JP¥1.75 loss in 1Q 2023). Revenue: JP¥2.41b (up 3.1% from 1Q 2023). Net income: JP¥52.0m (up JP¥58.0m from 1Q 2023). Profit margin: 2.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 84% per year, which means it is well ahead of earnings. Duyuru • Jun 28
Mitsuboshi Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Mitsuboshi Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 17
Full year 2023 earnings released: JP¥59.30 loss per share (vs JP¥81.81 profit in FY 2022) Full year 2023 results: JP¥59.30 loss per share (down from JP¥81.81 profit in FY 2022). Revenue: JP¥9.95b (up 8.3% from FY 2022). Net loss: JP¥68.0m (down 124% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 84% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥8.71 (vs JP¥74.30 in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.71 (down from JP¥74.30 in 3Q 2022). Revenue: JP¥2.57b (flat on 3Q 2022). Net income: JP¥10.0m (down 88% from 3Q 2022). Profit margin: 0.4% (down from 3.3% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Duyuru • Dec 04
Mitsuboshi Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Mitsuboshi Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 02
Second quarter 2023 earnings released: JP¥87.98 loss per share (vs JP¥110 profit in 2Q 2022) Second quarter 2023 results: JP¥87.98 loss per share (down from JP¥110 profit in 2Q 2022). Revenue: JP¥2.54b (up 11% from 2Q 2022). Net loss: JP¥101.0m (down 180% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorated over the past week After last week's 31% share price decline to JP¥3,095, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 145% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 26% share price decline to JP¥5,880, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 378% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥6,700, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 431% over the past three years. Duyuru • Sep 03
Mitsuboshi Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Mitsuboshi Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥5,690, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 366% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥7,460, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 479% over the past three years. Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥5.24 loss per share (vs JP¥42.87 profit in 1Q 2022) First quarter 2023 results: JP¥5.24 loss per share (down from JP¥42.87 profit in 1Q 2022). Revenue: JP¥2.34b (up 13% from 1Q 2022). Net loss: JP¥6.00m (down 112% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 84% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥8,500, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 10x in the Electrical industry in Japan. Total returns to shareholders of 533% over the past three years. Duyuru • Jun 29
Mitsuboshi Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Mitsuboshi Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥7,160, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 463% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 65% share price gain to JP¥6,000, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 355% over the past three years. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥245 (vs JP¥164 in FY 2021) Full year 2022 results: EPS: JP¥245 (up from JP¥164 in FY 2021). Revenue: JP¥9.19b (up 20% from FY 2021). Net income: JP¥281.0m (up 50% from FY 2021). Profit margin: 3.1% (up from 2.5% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Duyuru • May 18
Mitsuboshi Co., Ltd., Annual General Meeting, Jun 24, 2022 Mitsuboshi Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Nozomi Okuzawa 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 08
Mitsuboshi Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Mitsuboshi Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥74.13 (up from JP¥69.00 in 3Q 2021). Revenue: JP¥2.56b (up 26% from 3Q 2021). Net income: JP¥85.0m (up 7.6% from 3Q 2021). Profit margin: 3.3% (down from 3.9% in 3Q 2021). Revenue was in line with analyst estimates. 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 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥3,540, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 134% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥3,260, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 59% share price gain to JP¥3,665, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 138% over the past three years. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥2,190, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 39% over the past three years. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥42.84 (vs JP¥25.42 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.07b (up 19% from 1Q 2021). Net income: JP¥49.0m (up 69% from 1Q 2021). Profit margin: 2.4% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,557, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 16x in the Electrical industry in Japan. Total loss to shareholders of 2.7% over the past three years. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥164 (vs JP¥161 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¥7.64b (down 10% from FY 2020). Net income: JP¥188.0m (up 2.2% from FY 2020). Profit margin: 2.5% (up from 2.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Duyuru • Mar 04
Mitsuboshi Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Mitsuboshi Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥68.98 (vs JP¥50.83 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.04b (down 7.5% from 3Q 2020). Net income: JP¥79.0m (up 36% from 3Q 2020). Profit margin: 3.9% (up from 2.6% in 3Q 2020). The increase in margin was driven by lower expenses. 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 12% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥1,323 The company is up 12% from its price of JP¥1,180 on 15 October 2020. The Japanese market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electrical industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: JP¥1,286 The company is up 10.0% from its price of JP¥1,166 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: JP¥1,226 The company is up 6.0% from its price of JP¥1,156 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 28% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥54.24 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥1.79b (down 17% from 2Q 2020). Net income: JP¥62.0m (up 38% from 2Q 2020). Profit margin: 3.5% (up from 2.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥190.0m, down 68% from the prior year. Total revenue was JP¥7.75b over the last 12 months, down 14% from the prior year. Duyuru • Sep 03
Mitsuboshi Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Mitsuboshi Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020