Duyuru • Jun 28
Aichi Corporation to Report Q1, 2027 Results on Jul 30, 2026 Aichi Corporation announced that they will report Q1, 2027 results on Jul 30, 2026 Reported Earnings • Apr 25
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: JP¥101 (up from JP¥84.95 in FY 2025). Revenue: JP¥59.6b (flat on FY 2025). Net income: JP¥6.66b (up 5.1% from FY 2025). Profit margin: 11% (in line with FY 2025). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 24
Aichi Corporation, Annual General Meeting, Jun 19, 2026 Aichi Corporation, Annual General Meeting, Jun 19, 2026. Duyuru • Apr 21
Aichi Corporation to Report Fiscal Year 2026 Results on Apr 24, 2026 Aichi Corporation announced that they will report fiscal year 2026 results on Apr 24, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 May 2026. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥22.67 (vs JP¥20.78 in 3Q 2025) Third quarter 2026 results: EPS: JP¥22.67. Revenue: JP¥13.6b (up 2.6% from 3Q 2025). Net income: JP¥1.47b (down 5.1% from 3Q 2025). Profit margin: 11% (in line with 3Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Japan. Declared Dividend • Nov 29
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 29th May 2026 Dividend yield will be 4.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (75% 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 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Nov 29
Aichi Corporation to Report Q3, 2026 Results on Jan 29, 2026 Aichi Corporation announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥26.66 (vs JP¥18.59 in 2Q 2025) Second quarter 2026 results: EPS: JP¥26.66 (up from JP¥18.59 in 2Q 2025). Revenue: JP¥15.3b (flat on 2Q 2025). Net income: JP¥1.74b (up 26% from 2Q 2025). Profit margin: 11% (up from 9.0% in 2Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 29
Now 21% undervalued Over the last 90 days, the stock has risen 2.3% to JP¥1,323. The fair value is estimated to be JP¥1,673, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Buy Or Sell Opportunity • Sep 29
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at JP¥1,364. The fair value is estimated to be JP¥1,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Buy Or Sell Opportunity • Sep 11
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at JP¥1,373. The fair value is estimated to be JP¥1,717, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Duyuru • Sep 01
Aichi Corporation to Report Q2, 2026 Results on Oct 30, 2025 Aichi Corporation announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥4.43 (vs JP¥11.16 in 1Q 2025) First quarter 2026 results: EPS: JP¥4.43 (down from JP¥11.16 in 1Q 2025). Revenue: JP¥9.21b (down 28% from 1Q 2025). Net income: JP¥308.0m (down 63% from 1Q 2025). Profit margin: 3.3% (down from 6.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Yukihiro Mizuno was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 09
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2025 Payment date: 28th November 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 27
Aichi Corporation to Report Q1, 2026 Results on Jul 30, 2025 Aichi Corporation announced that they will report Q1, 2026 results on Jul 30, 2025 Buy Or Sell Opportunity • May 01
Now 25% overvalued Over the last 90 days, the stock has fallen 4.4% to JP¥1,375. The fair value is estimated to be JP¥1,100, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 2.5% per annum over the same time period. Reported Earnings • Apr 24
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥84.95 (up from JP¥70.26 in FY 2024). Revenue: JP¥59.3b (up 12% from FY 2024). Net income: JP¥6.33b (up 20% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 23
Aichi Corporation, Annual General Meeting, Jun 13, 2025 Aichi Corporation, Annual General Meeting, Jun 13, 2025. Duyuru • Mar 27
Aichi Corporation to Report Fiscal Year 2025 Results on Apr 23, 2025 Aichi Corporation announced that they will report fiscal year 2025 results on Apr 23, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Duyuru • Mar 19
Aichi Corporation (TSE:6345) announces an Equity Buyback for 10,000,100 shares, representing 13.41% for ¥12,830.13 million. Aichi Corporation (TSE:6345) announces a share repurchase program. Under the program, the company will repurchase up to : 10,000,100 shares, representing 13.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥12,830.13 million. The shares will be repurchased at a price of ¥1,283 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies in response to changes in the business environment and increase the level of shareholder returns. The program is valid till June 30, 2025. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥20.78 (vs JP¥18.14 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.78 (up from JP¥18.14 in 3Q 2024). Revenue: JP¥13.3b (up 7.8% from 3Q 2024). Net income: JP¥1.55b (up 14% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Duyuru • Dec 03
Aichi Corporation to Report Q3, 2025 Results on Jan 30, 2025 Aichi Corporation announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,431, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,649 per share. Declared Dividend • Nov 29
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (54% cash payout ratio). 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 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Nov 19
SAHALIFT GmbH acquired Aichi Sales Office B.V. and Aso parts B.V. from Aichi Corporation (TSE:6345). SAHALIFT GmbH acquired Aichi Sales Office B.V. and Aso parts B.V. from Aichi Corporation (TSE:6345) at the start of 2024.
SAHALIFT GmbH completed the acquisition of Aichi Sales Office B.V. and Aso parts B.V. from Aichi Corporation (TSE:6345) at the start of 2024. Reported Earnings • Oct 26
Second quarter 2025 earnings released: EPS: JP¥18.59 (vs JP¥18.36 in 2Q 2024) Second quarter 2025 results: EPS: JP¥18.59 (up from JP¥18.36 in 2Q 2024). Revenue: JP¥15.3b (down 2.9% from 2Q 2024). Net income: JP¥1.39b (flat on 2Q 2024). Profit margin: 9.0% (up from 8.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. 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 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 56% and the cash payout ratio is 83%. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Duyuru • Aug 29
Aichi Corporation to Report Q2, 2025 Results on Oct 25, 2024 Aichi Corporation announced that they will report Q2, 2025 results on Oct 25, 2024 New Risk • Aug 05
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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥950, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 36% over the past three years. Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥11.16 (vs JP¥8.83 in 1Q 2024) First quarter 2025 results: EPS: JP¥11.16 (up from JP¥8.83 in 1Q 2024). Revenue: JP¥12.7b (up 20% from 1Q 2024). Net income: JP¥831.9m (up 25% from 1Q 2024). Profit margin: 6.5% (up from 6.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend increased to JP¥20.00 Dividend of JP¥20.00 is 5.3% higher than last year. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (49% cash payout ratio). 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 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 21
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥70.26 (down from JP¥79.16 in FY 2023). Revenue: JP¥53.1b (down 12% from FY 2023). Net income: JP¥5.27b (down 12% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 8.1%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 02
Aichi Corporation to Report Q1, 2025 Results on Jul 26, 2024 Aichi Corporation announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥70.26 (down from JP¥79.16 in FY 2023). Revenue: JP¥53.1b (down 12% from FY 2023). Net income: JP¥5.27b (down 12% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Duyuru • Mar 02
Aichi Corporation to Report Fiscal Year 2024 Results on Apr 23, 2024 Aichi Corporation announced that they will report fiscal year 2024 results on Apr 23, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥18.14 (vs JP¥12.02 in 3Q 2023) Third quarter 2024 results: EPS: JP¥18.14 (up from JP¥12.02 in 3Q 2023). Revenue: JP¥12.3b (down 3.6% from 3Q 2023). Net income: JP¥1.36b (up 51% from 3Q 2023). Profit margin: 11% (up from 7.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Duyuru • Dec 01
Aichi Corporation (TSE:6345) announces an Equity Buyback for 700,000 shares, representing 0.93% for ¥644 million. Aichi Corporation (TSE:6345) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 0.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥644 million. The shares will be repurchased at a price of ¥920 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies in response to changes in the business environment and increase the level of shareholder returns. As of October 31, 2023, the company had 75,210,790 issued shares (excluding treasury stock) and 610 treasury shares. Duyuru • Nov 29
Aichi Corporation to Report Q3, 2024 Results on Jan 31, 2024 Aichi Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 30
Second quarter 2024 earnings released: EPS: JP¥18.36 (vs JP¥18.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥18.36 (up from JP¥18.29 in 2Q 2023). Revenue: JP¥15.8b (down 3.8% from 2Q 2023). Net income: JP¥1.38b (flat on 2Q 2023). Profit margin: 8.7% (up from 8.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Price Target Changed • Oct 06
Price target increased by 13% to JP¥950 Up from JP¥840, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥944. Stock is up 18% over the past year. The company is forecast to post earnings per share of JP¥79.45 for next year compared to JP¥79.16 last year. Duyuru • Sep 28
Aichi Corporation to Report Q2, 2024 Results on Oct 27, 2023 Aichi Corporation announced that they will report Q2, 2024 results on Oct 27, 2023 Board Change • Sep 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Takuto Kawanishi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥19.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 46% and the cash payout ratio is 75%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Reported Earnings • Jul 27
First quarter 2024 earnings released: EPS: JP¥8.83 (vs JP¥9.31 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.83 (down from JP¥9.31 in 1Q 2023). Revenue: JP¥10.6b (flat on 1Q 2023). Net income: JP¥664.0m (down 5.4% from 1Q 2023). Profit margin: 6.3% (down from 6.6% in 1Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Duyuru • Jun 28
Aichi Corporation to Report Q1, 2024 Results on Jul 26, 2023 Aichi Corporation announced that they will report Q1, 2024 results on Jul 26, 2023 Reported Earnings • Jun 22
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥79.16 (up from JP¥74.07 in FY 2022). Revenue: JP¥60.7b (up 7.2% from FY 2022). Net income: JP¥5.96b (up 5.6% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Apr 26
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥79.16 (up from JP¥74.07 in FY 2022). Revenue: JP¥60.7b (up 7.2% from FY 2022). Net income: JP¥5.96b (up 5.6% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share at 4.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥12.02 (vs JP¥18.09 in 3Q 2022) Third quarter 2023 results: EPS: JP¥12.02 (down from JP¥18.09 in 3Q 2022). Revenue: JP¥12.8b (down 3.5% from 3Q 2022). Net income: JP¥904.0m (down 34% from 3Q 2022). Profit margin: 7.1% (down from 10% in 3Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Duyuru • Dec 02
Aichi Corporation to Report Q3, 2023 Results on Jan 31, 2023 Aichi Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Oct 27
Second quarter 2023 earnings released: EPS: JP¥18.29 (vs JP¥21.82 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.29 (down from JP¥21.82 in 2Q 2022). Revenue: JP¥16.4b (up 2.9% from 2Q 2022). Net income: JP¥1.38b (down 18% from 2Q 2022). Profit margin: 8.4% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Duyuru • Sep 25
Aichi Corporation to Report Q2, 2023 Results on Oct 26, 2022 Aichi Corporation announced that they will report Q2, 2023 results on Oct 26, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥9.31 (vs JP¥6.94 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.31 (up from JP¥6.94 in 1Q 2022). Revenue: JP¥10.7b (up 14% from 1Q 2022). Net income: JP¥702.0m (up 33% from 1Q 2022). Profit margin: 6.6% (up from 5.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Duyuru • Jun 29
Aichi Corporation to Report Q1, 2023 Results on Jul 27, 2022 Aichi Corporation announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Jun 23
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥74.07 (down from JP¥76.83 in FY 2021). Revenue: JP¥56.6b (down 4.6% from FY 2021). Net income: JP¥5.64b (down 4.4% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 6.9%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥74.07 (down from JP¥76.83 in FY 2021). Revenue: JP¥56.6b (down 4.6% from FY 2021). Net income: JP¥5.64b (down 4.4% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 6.9%, compared to a 8.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Price Target Changed • Apr 27
Price target increased to JP¥880 Up from JP¥770, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥899. Stock is up 5.8% over the past year. The company is forecast to post earnings per share of JP¥65.15 for next year compared to JP¥76.83 last year. Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 7 non-independent directors. Director Yoshio Tagami was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Duyuru • Apr 08
Aichi Corporation to Report Fiscal Year 2022 Results on Apr 26, 2022 Aichi Corporation announced that they will report fiscal year 2022 results on Apr 26, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥18.09 (up from JP¥12.91 in 3Q 2021). Revenue: JP¥13.3b (down 1.5% from 3Q 2021). Net income: JP¥1.38b (up 39% from 3Q 2021). Profit margin: 10% (up from 7.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 4.5%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥21.82 (vs JP¥26.30 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥16.0b (up 3.5% from 2Q 2021). Net income: JP¥1.67b (down 18% from 2Q 2021). Profit margin: 10% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).