Price Target Changed • May 29
Price target increased by 9.3% to JP¥4,700 Up from JP¥4,300, the current price target is provided by 1 analyst. New target price is 17% above last closing price of JP¥4,015. Stock is up 7.2% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥195 last year. Reported Earnings • May 20
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥195 (up from JP¥186 in FY 2025). Revenue: JP¥194.6b (up 3.1% from FY 2025). Net income: JP¥9.18b (up 4.2% from FY 2025). Profit margin: 4.7% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Canlı Haberler • May 17
Duskin Targets Higher Dividend and Expands Into Childcare and Mobility Services for FY2026 Duskin plans to lift its annual dividend to 118 yen per share for FY2025, aligning payouts more closely with performance under its Medium-Term Business Plan 2028.
The company reports higher sales and profits for FY2025, with improved margins, equity ratio and cash flow, and signals an intent to streamline subsidiaries to refine its business portfolio.
Management expects modest growth in FY2026 and is moving to amend the Articles of Incorporation to extend activities into childcare, sitter services, nursing care taxi operations and broader passenger transportation and community-support services.
Taken together, the higher dividend and expanded business scope point to a company that is using a stronger balance sheet to both reward shareholders and open up new revenue avenues in adjacent service areas.
The planned move into childcare and mobility-related services adds execution and regulatory risk, so it is worth tracking how much capital Duskin allocates to these newer fields compared with its established cleaning and environmental hygiene operations. Duyuru • May 15
Duskin Co., Ltd., Annual General Meeting, Jun 19, 2026 Duskin Co., Ltd., Annual General Meeting, Jun 19, 2026. Duyuru • Apr 10
Duskin Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Duskin Co., Ltd. announced that they will report fiscal year 2026 results at 9:00 AM, Tokyo Standard Time on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 59% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥84.33 (vs JP¥97.76 in 3Q 2025) Third quarter 2026 results: EPS: JP¥84.33 (down from JP¥97.76 in 3Q 2025). Revenue: JP¥51.7b (up 2.5% from 3Q 2025). Net income: JP¥3.97b (down 14% from 3Q 2025). Profit margin: 7.7% (down from 9.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year. Duyuru • Dec 24
Duskin Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Duskin Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Declared Dividend • Dec 09
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Dec 01
Price target increased by 43% to JP¥4,300 Up from JP¥3,000, the current price target is provided by 1 analyst. New target price is 7.7% above last closing price of JP¥3,992. Stock is up 6.5% over the past year. The company is forecast to post earnings per share of JP¥191 for next year compared to JP¥186 last year. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥50.42 (vs JP¥41.57 in 2Q 2025) Second quarter 2026 results: EPS: JP¥50.42 (up from JP¥41.57 in 2Q 2025). Revenue: JP¥47.8b (up 2.8% from 2Q 2025). Net income: JP¥2.37b (up 20% from 2Q 2025). Profit margin: 5.0% (up from 4.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Duyuru • Sep 23
Duskin Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Duskin Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 58% and the cash payout ratio is 80%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥40.02 (vs JP¥31.46 in 1Q 2025) First quarter 2026 results: EPS: JP¥40.02 (up from JP¥31.46 in 1Q 2025). Revenue: JP¥47.3b (up 4.6% from 1Q 2025). Net income: JP¥1.88b (up 24% from 1Q 2025). Profit margin: 4.0% (up from 3.3% in 1Q 2025). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services 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 11% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (80% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥186 (up from JP¥95.01 in FY 2024). Revenue: JP¥188.8b (up 5.6% from FY 2024). Net income: JP¥8.81b (up 93% from FY 2024). Profit margin: 4.7% (up from 2.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Duyuru • Jun 23
Duskin Co., Ltd. Appoints Nobuko Sekiguchi as Director Duskin Co., Ltd. at its AGM held on June 20, 2025, approved Election of Nobuko Sekiguchi as director. Duyuru • Jun 18
Duskin Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Duskin Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • May 20
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥186 (up from JP¥95.01 in FY 2024). Revenue: JP¥188.8b (up 5.6% from FY 2024). Net income: JP¥8.81b (up 93% from FY 2024). Profit margin: 4.7% (up from 2.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Duyuru • May 15
Duskin Co., Ltd., Annual General Meeting, Jun 20, 2025 Duskin Co., Ltd., Annual General Meeting, Jun 20, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 57% and the cash payout ratio is 97%. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Duyuru • Mar 19
Duskin Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Duskin Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Duyuru • Feb 13
Duskin Co., Ltd. Provides Consolidated Earnings Guidance for Fiscal Year Ending March 31, 2025 Duskin Co., Ltd. provided consolidated earnings guidance for fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 190,300 million, operating profit of JPY 7,700 million, profit attributable to owners of the parent of JPY 8,600 and profit per share of JPY 180.06 per share. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥97.76 (vs JP¥42.55 in 3Q 2024) Third quarter 2025 results: EPS: JP¥97.76 (up from JP¥42.55 in 3Q 2024). Revenue: JP¥50.5b (up 3.2% from 3Q 2024). Net income: JP¥4.60b (up 125% from 3Q 2024). Profit margin: 9.1% (up from 4.2% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Duyuru • Dec 20
Duskin Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Duskin Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 10
First half dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Nov 26
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥208 to JP¥186 per share. Revenue forecast steady at JP¥188.9b. Net income forecast to grow 71% next year vs 14% growth forecast for Commercial Services industry in Japan. Consensus price target of JP¥2,900 unchanged from last update. Share price was steady at JP¥3,802 over the past week. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥41.57 (vs JP¥20.18 in 2Q 2024) Second quarter 2025 results: EPS: JP¥41.57 (up from JP¥20.18 in 2Q 2024). Revenue: JP¥46.5b (up 10% from 2Q 2024). Net income: JP¥1.98b (up 104% from 2Q 2024). Profit margin: 4.3% (up from 2.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Sep 21
Duskin Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Duskin Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥31.46 (vs JP¥34.73 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.46 (down from JP¥34.73 in 1Q 2024). Revenue: JP¥45.2b (up 3.6% from 1Q 2024). Net income: JP¥1.51b (down 9.9% from 1Q 2024). Profit margin: 3.3% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (182% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control. EPS is expected to grow by 80% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • Jun 27
Duskin Co., Ltd. Approves Board and Committee Appointments Duskin Co., Ltd. at its Ordinary General Meeting of Shareholders held on June 26, 2024, approved the appointment of Rie Nakagawa as member of board of director and elected Hideyuki Naito, Koji Tsukamoto, Ichiro Sakamoto, Seiichiro Yamamoto as Members of the Audit and Supervisory Board. Duyuru • Jun 19
Duskin Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024 Duskin Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Major Estimate Revision • May 29
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥182.4b to JP¥185.9b. EPS estimate increased from JP¥188 to JP¥208 per share. Net income forecast to grow 119% next year vs 8.2% growth forecast for Commercial Services industry in Japan. Consensus price target up from JP¥2,700 to JP¥2,900. Share price rose 7.6% to JP¥3,575 over the past week. Price Target Changed • May 28
Price target increased by 12% to JP¥2,900 Up from JP¥2,600, the current price target is provided by 1 analyst. New target price is 19% below last closing price of JP¥3,567. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥95.01 last year. Duyuru • May 24
Duskin Co., Ltd. (TSE:4665) announces an Equity Buyback for 1,562,500 shares, representing 3.23% for ¥5,000 million. Duskin Co., Ltd. (TSE:4665) announces a share repurchase program. Under the program, the company will repurchase up to 1,562,500 shares, representing 3.23% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The purpose of the program is to improve capital efficiency, enhance shareholder returns, and enable flexible capital policies in response to changes in the business environment. The program will continue through April 30, 2025. As of April 30, 2024, the company had 48,427,808 issued shares (excluding treasury stock) and 1,572,192 treasury shares. Reported Earnings • May 20
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥95.01 (down from JP¥146 in FY 2023). Revenue: JP¥178.8b (up 4.9% from FY 2023). Net income: JP¥4.57b (down 36% from FY 2023). Profit margin: 2.6% (down from 4.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Duyuru • May 17
Duskin Co., Ltd., Annual General Meeting, Jun 26, 2024 Duskin Co., Ltd., Annual General Meeting, Jun 26, 2024. Board Change • Apr 10
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. 6 non-independent directors. Independent Outside Director Fumi Musashi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 20
Duskin Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Duskin Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Duyuru • Feb 01
Duskin Co., Ltd. (TSE:4665) completed the acquisition of Kenko Saien Co., Ltd. Duskin Co., Ltd. (TSE:4665) entered into share purchase agreement to acquire Kenko Saien Co., Ltd. on November 30, 2023. Post the completion of the acquisition, Kenko Saien will become a wholly owned subsidiary of Duskin. The acquisition is scheduled to complete on January 31, 2024.
Duskin Co., Ltd. (TSE:4665) completed the acquisition of Kenko Saien Co., Ltd. on January 31, 2024. Duyuru • Jan 11
Duskin Co., Ltd. Announces the Impact of the 2024 Noto Peninsula Earthquake Duskin Co., Ltd. announced the impact of the 2024 Noto Peninsula Earthquake. The Company, some of its subsidiaries and some franchise shops suffered damage. Wakura Duskin Co., Ltd., one of the Company's subsidiary plants, has suspended operations due to damage to the building and equipment. Wakura Duskin is located in Okuhara-machi, Nanao-shi, Ishikawa. To maintain product supply, the company plan to use substitute plants in neighboring prefectures and temporary facilities for Wakura Duskin. Two Mister Donut franchise shops have suspended operations due to damage to shop facilities, disrupted water supply, and inaccessibility to the premises. Of the two shops, one is scheduled to reopen soon, whereas it is unknown when the other shop will open again. Duyuru • Dec 27
Duskin Co., Ltd. Announces Personnel Change Duskin Co., Ltd. announced that it has approved a personnel change at the Board Meeting held on December 27, 2023, Toshihiro Kawamata New position General Manager, Tohoku Regional Office, Sales & Operations, Direct Selling Group. Current position Section Chief, Franchise Support & Administration, Tohoku Regional Office, Sales & Operations, Direct Selling Group. Duyuru • Dec 20
Duskin Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Duskin Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Price Target Changed • Nov 27
Price target increased by 8.0% to JP¥2,700 Up from JP¥2,500, the current price target is provided by 1 analyst. New target price is 16% below last closing price of JP¥3,200. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of JP¥94.25 for next year compared to JP¥146 last year. Reported Earnings • Nov 09
Second quarter 2024 earnings: EPS misses analyst expectations Second quarter 2024 results: EPS: JP¥20.18 (down from JP¥50.00 in 2Q 2023). Revenue: JP¥42.2b (up 3.0% from 2Q 2023). Net income: JP¥970.0m (down 61% from 2Q 2023). Profit margin: 2.3% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 31
Duskin Co., Ltd. Revises Consolidated and Non Consolidated Earnings Guidance for the Six Months Ended September 30, 2023 Duskin Co., Ltd. revises consolidated and non consolidated earnings guidance for the six months ended September 30, 2023. On consolidated basis, the company now expects Net sales of JPY 85,800 million, Operating profit of JPY 2,900 million and Profit attributable to owners of parent of JPY 2,700 million or JPY 56.18 against previous forecast of Net sales of JPY 86,200 million, Operating profit of JPY 2,300 million and Profit attributable to owners of parent of JPY 2,000 million or JPY 41.24.On non-consolidated basis, the company now expects Net sales of JPY 70,000 million, Operating profit of JPY 1,800 million and Profit of JPY 4,000 million or JPY 83.23 against previous forecast of Net sales of JPY 68,500 million, Operating profit of JPY 900 million and Profit attributable to owners of parent of JPY 3,200 million or JPY 65.98. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 81%. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Duyuru • Sep 14
Duskin Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Duskin Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 06
First quarter 2024 earnings released: EPS: JP¥34.73 (vs JP¥41.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥34.73 (down from JP¥41.65 in 1Q 2023). Revenue: JP¥43.6b (up 6.6% from 1Q 2023). Net income: JP¥1.68b (down 19% from 1Q 2023). Profit margin: 3.8% (down from 5.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 27
Duskin Co., Ltd. Announces Change of Representative Director Duskin Co., Ltd. announced that its Board of Directors held on June 23, 2023, has approved a change of a Representative Director. Reason: Change in management structure. Change (As of June 23, 2023): Teruji Yamamura from current position as Representative Director and Chairman to new position as Board Director and Chairman. Duyuru • Jun 16
Duskin Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Duskin Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Price Target Changed • May 26
Price target increased by 8.3% to JP¥2,600 Up from JP¥2,400, the current price target is provided by 1 analyst. New target price is 18% below last closing price of JP¥3,190. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥146 last year. Duyuru • May 17
Duskin Co., Ltd., Annual General Meeting, Jun 23, 2023 Duskin Co., Ltd., Annual General Meeting, Jun 23, 2023. Reported Earnings • May 17
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: JP¥146 (down from JP¥165 in FY 2022). Revenue: JP¥170.5b (up 4.5% from FY 2022). Net income: JP¥7.20b (down 12% from FY 2022). Profit margin: 4.2% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥41.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥62.09 (vs JP¥64.64 in 3Q 2022) Third quarter 2023 results: EPS: JP¥62.09 (down from JP¥64.64 in 3Q 2022). Revenue: JP¥46.3b (up 7.4% from 3Q 2022). Net income: JP¥3.06b (down 3.4% from 3Q 2022). Profit margin: 6.6% (down from 7.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Commercial Services industry in Japan. 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 1% per year, which means it is significantly lagging earnings. Duyuru • Dec 04
Duskin Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Duskin Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Price Target Changed • Nov 25
Price target increased to JP¥2,500 Up from JP¥2,300, the current price target is provided by 1 analyst. New target price is 18% below last closing price of JP¥3,035. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥165 last year. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥50.00 (vs JP¥58.55 in 2Q 2022) Second quarter 2023 results: EPS: JP¥50.00 (down from JP¥58.55 in 2Q 2022). Revenue: JP¥41.0b (flat on 2Q 2022). Net income: JP¥2.47b (down 15% from 2Q 2022). Profit margin: 6.0% (down from 7.1% in 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Chairman Teruji Yamamura is the most experienced director on the board, commencing their role in 2009. Independent Outside Director Fumi Musashi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥50.00 (vs JP¥58.55 in 2Q 2022) Second quarter 2023 results: EPS: JP¥50.00 (down from JP¥58.55 in 2Q 2022). Revenue: JP¥41.0b (flat on 2Q 2022). Net income: JP¥2.47b (down 15% from 2Q 2022). Profit margin: 6.0% (down from 7.1% in 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 02
Duskin Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 Duskin Co., Ltd. revised consolidated and non-consolidated earnings guidance for the six months ended September 30, 2022. For the period, on consolidated basis, the company expects net sales to be ¥81,900 million, operating profit of ¥5,300 million compared to previous guidance of ¥4,000 million, profit attributable to owners of parent of ¥4,400 million compared to previous guidance of ¥3,500 million, profit per share of ¥89.01 compared to previous guidance of ¥70.80.For the period, on non-consolidated basis, the company expects net sales to be ¥66,300 million compared to previous guidance of ¥65,900 million, operating profit of ¥3,900 million compared to previous guidance of ¥2,600 million, profit attributable to owners of parent of ¥5,700 million compared to previous guidance of ¥3,900 million, profit per share of ¥115.30 compared to previous guidance of ¥78.89. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%). Duyuru • Sep 16
Duskin Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Duskin Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥41.65 (vs JP¥45.86 in 1Q 2022) First quarter 2023 results: EPS: JP¥41.65 (down from JP¥45.86 in 1Q 2022). Revenue: JP¥40.9b (up 3.7% from 1Q 2022). Net income: JP¥2.06b (down 9.0% from 1Q 2022). Profit margin: 5.0% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.8%, compared to a 5.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 29
Duskin Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Duskin Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Duyuru • May 18
Duskin Co., Ltd., Annual General Meeting, Jun 23, 2022 Duskin Co., Ltd., Annual General Meeting, Jun 23, 2022. Reported Earnings • May 16
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥165 (up from JP¥57.17 in FY 2021). Revenue: JP¥163.2b (up 6.1% from FY 2021). Net income: JP¥8.13b (up 188% from FY 2021). Profit margin: 5.0% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the next year, revenue is forecast to stay flat compared to a 2.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • May 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.3%. The fair value is estimated to be JP¥3,444, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings is forecast to decline by 0.4% per annum over the same time period. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Yukiko Tsujimoto was the last independent 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: Minority of independent directors. Lack of board continuity. Duyuru • Apr 08
Duskin Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Duskin Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥43.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥64.64 (up from JP¥50.10 in 3Q 2021). Revenue: JP¥43.1b (up 3.4% from 3Q 2021). Net income: JP¥3.17b (up 28% from 3Q 2021). Profit margin: 7.4% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to stay flat compared to a 2.7% growth forecast for the 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 2% per year. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥58.55 (vs JP¥36.05 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥40.8b (up 7.3% from 2Q 2021). Net income: JP¥2.91b (up 64% from 2Q 2021). Profit margin: 7.1% (up from 4.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥57.17 (vs JP¥110 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥153.8b (down 3.4% from FY 2020). Net income: JP¥2.82b (down 50% from FY 2020). Profit margin: 1.8% (down from 3.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥57.17 (vs JP¥110 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥153.8b (down 3.4% from FY 2020). Net income: JP¥2.82b (down 50% from FY 2020). Profit margin: 1.8% (down from 3.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.8%). 