Buy Or Sell Opportunity • Jul 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.4% to JP¥466. The fair value is estimated to be JP¥386, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 21%. Duyuru • Jul 03
Daito Chemix Corporation to Report Q1, 2027 Results on Jul 27, 2026 Daito Chemix Corporation announced that they will report Q1, 2027 results on Jul 27, 2026 Buy Or Sell Opportunity • May 27
Now 37% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to JP¥530. The fair value is estimated to be JP¥388, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥24.56 (vs JP¥25.46 in FY 2025) Full year 2026 results: EPS: JP¥24.56 (down from JP¥25.46 in FY 2025). Revenue: JP¥19.5b (up 4.5% from FY 2025). Net income: JP¥791.0m (down 3.5% from FY 2025). Profit margin: 4.1% (down from 4.4% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 11
Daito Chemix Corporation, Annual General Meeting, Jun 25, 2026 Daito Chemix Corporation, Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥422, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 103% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%). Reported Earnings • Jan 29
Third quarter 2026 earnings released: EPS: JP¥7.98 (vs JP¥7.11 in 3Q 2025) Third quarter 2026 results: EPS: JP¥7.98 (up from JP¥7.11 in 3Q 2025). Revenue: JP¥4.87b (up 1.4% from 3Q 2025). Net income: JP¥257.0m (up 12% from 3Q 2025). Profit margin: 5.3% (up from 4.8% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥352, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 109% over the past three years. Duyuru • Nov 29
Daito Chemix Corporation to Report Q3, 2026 Results on Jan 28, 2026 Daito Chemix Corporation announced that they will report Q3, 2026 results on Jan 28, 2026 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥263, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 50% over the past three years. Reported Earnings • Oct 30
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: JP¥4.78b (flat on 2Q 2025). Net income: JP¥98.0m (down 32% from 2Q 2025). Profit margin: 2.0% (down from 3.0% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Sep 25
Now 20% undervalued Over the last 90 days, the stock has risen 40% to JP¥985. The fair value is estimated to be JP¥1,233, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Duyuru • Sep 01
Daito Chemix Corporation to Report Q2, 2026 Results on Oct 29, 2025 Daito Chemix Corporation announced that they will report Q2, 2026 results on Oct 29, 2025 Buy Or Sell Opportunity • Aug 26
Now 22% undervalued Over the last 90 days, the stock has risen 37% to JP¥963. The fair value is estimated to be JP¥1,235, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 25
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 5.9% 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 31% per year over the past 5 years. 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 (5.9% average weekly change). Market cap is less than US$100m (JP¥10.6b market cap, or US$72.1m). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥896, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 57% over the past three years. Reported Earnings • Jul 29
First quarter 2026 earnings released: EPS: JP¥10.43 (vs JP¥6.89 in 1Q 2025) First quarter 2026 results: EPS: JP¥10.43 (up from JP¥6.89 in 1Q 2025). Revenue: JP¥4.78b (up 5.0% from 1Q 2025). Net income: JP¥112.0m (up 51% from 1Q 2025). Profit margin: 2.3% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Duyuru • Jul 16
Daito Chemix Corporation to Report Q1, 2026 Results on Jul 25, 2025 Daito Chemix Corporation announced that they will report Q1, 2026 results on Jul 25, 2025 Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥76.39 (vs JP¥93.62 loss in FY 2024) Full year 2025 results: EPS: JP¥76.39 (up from JP¥93.62 loss in FY 2024). Revenue: JP¥18.6b (up 18% from FY 2024). Net income: JP¥820.0m (up JP¥1.83b from FY 2024). Profit margin: 4.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. New Risk • May 26
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 3.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥6.94b market cap, or US$48.6m). Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥76.38 (vs JP¥93.62 loss in FY 2024) Full year 2025 results: EPS: JP¥76.38 (up from JP¥93.62 loss in FY 2024). Revenue: JP¥18.6b (up 18% from FY 2024). Net income: JP¥820.0m (up JP¥1.83b from FY 2024). Profit margin: 4.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Duyuru • May 09
Daito Chemix Corporation, Annual General Meeting, Jun 25, 2025 Daito Chemix Corporation, Annual General Meeting, Jun 25, 2025. Buy Or Sell Opportunity • Apr 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.2% to JP¥645. The fair value is estimated to be JP¥812, 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. Meanwhile, the company became loss making. Duyuru • Apr 11
Daito Chemix Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Daito Chemix Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Buy Or Sell Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock has risen 3.8% to JP¥631. The fair value is estimated to be JP¥798, 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. Meanwhile, the company became loss making. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Buy Or Sell Opportunity • Mar 04
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at JP¥622. The fair value is estimated to be JP¥794, 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. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jan 31
Now 22% undervalued Over the last 90 days, the stock has risen 10% to JP¥675. The fair value is estimated to be JP¥865, 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. Meanwhile, the company became loss making. Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: JP¥21.33 (vs JP¥2.14 in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.33 (up from JP¥2.14 in 3Q 2024). Revenue: JP¥4.80b (up 29% from 3Q 2024). Net income: JP¥229.0m (up JP¥206.0m from 3Q 2024). Profit margin: 4.8% (up from 0.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Duyuru • Dec 03
Daito Chemix Corporation to Report Q3, 2025 Results on Jan 29, 2025 Daito Chemix Corporation announced that they will report Q3, 2025 results on Jan 29, 2025 Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: JP¥13.41 (vs JP¥2.52 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥13.41 (up from JP¥2.52 loss in 2Q 2024). Revenue: JP¥4.75b (up 16% from 2Q 2024). Net income: JP¥144.0m (up JP¥171.0m from 2Q 2024). Profit margin: 3.0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%). Duyuru • Aug 28
Daito Chemix Corporation to Report Q2, 2025 Results on Oct 29, 2024 Daito Chemix Corporation announced that they will report Q2, 2025 results on Oct 29, 2024 New Risk • Aug 05
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥6.57b market cap, or US$44.8m). Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥6.89 (vs JP¥4.19 in 1Q 2024) First quarter 2025 results: EPS: JP¥6.89 (up from JP¥4.19 in 1Q 2024). Revenue: JP¥4.55b (up 24% from 1Q 2024). Net income: JP¥74.0m (up 64% from 1Q 2024). Profit margin: 1.6% (up from 1.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • May 13
Full year 2024 earnings released: JP¥93.62 loss per share (vs JP¥85.89 profit in FY 2023) Full year 2024 results: JP¥93.62 loss per share (down from JP¥85.89 profit in FY 2023). Revenue: JP¥15.8b (down 3.5% from FY 2023). Net loss: JP¥1.01b (down 209% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Duyuru • May 12
Daito Chemix Corporation, Annual General Meeting, Jun 25, 2024 Daito Chemix Corporation, Annual General Meeting, Jun 25, 2024. New Risk • Apr 18
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 8.2% 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 Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (JP¥7.22b market cap, or US$46.8m). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%). Duyuru • Mar 02
Daito Chemix Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Daito Chemix Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: JP¥2.14 (vs JP¥59.90 in 3Q 2023) Third quarter 2024 results: EPS: JP¥2.14 (down from JP¥59.90 in 3Q 2023). Revenue: JP¥3.74b (down 12% from 3Q 2023). Net income: JP¥23.0m (down 96% from 3Q 2023). Profit margin: 0.6% (down from 15% in 3Q 2023). 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 15% per year, which means it has not declined as severely as earnings. Duyuru • Nov 27
Daito Chemix Corporation to Report Q3, 2024 Results on Jan 29, 2024 Daito Chemix Corporation announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: JP¥2.52 loss per share (vs JP¥18.91 profit in 2Q 2023) Second quarter 2024 results: JP¥2.52 loss per share (down from JP¥18.91 profit in 2Q 2023). Revenue: JP¥4.10b (down 5.6% from 2Q 2023). Net loss: JP¥27.0m (down 113% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%). Duyuru • Sep 03
Daito Chemix Corporation to Report Q2, 2024 Results on Oct 27, 2023 Daito Chemix Corporation announced that they will report Q2, 2024 results on Oct 27, 2023 Reported Earnings • Jul 27
First quarter 2024 earnings released: EPS: JP¥4.19 (vs JP¥17.14 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.19 (down from JP¥17.14 in 1Q 2023). Revenue: JP¥3.67b (down 8.6% from 1Q 2023). Net income: JP¥45.0m (down 76% from 1Q 2023). Profit margin: 1.2% (down from 4.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jun 28
Daito Chemix Corporation to Report Q1, 2024 Results on Jul 26, 2023 Daito Chemix Corporation announced that they will report Q1, 2024 results on Jul 26, 2023 Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥504, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 5.7% over the past three years. Duyuru • May 13
Daito Chemix Corporation, Annual General Meeting, Jun 23, 2023 Daito Chemix Corporation, Annual General Meeting, Jun 23, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥85.88 (vs JP¥147 in FY 2022) Full year 2023 results: EPS: JP¥85.88 (down from JP¥147 in FY 2022). Revenue: JP¥16.4b (up 1.5% from FY 2022). Net income: JP¥922.0m (down 42% from FY 2022). Profit margin: 5.6% (down from 9.8% in FY 2022). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥750, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 130% over the past three years. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥59.89 (vs JP¥40.15 in 3Q 2022) Third quarter 2023 results: EPS: JP¥59.89 (up from JP¥40.15 in 3Q 2022). Revenue: JP¥4.24b (flat on 3Q 2022). Net income: JP¥643.0m (up 49% from 3Q 2022). Profit margin: 15% (up from 10% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 27
Daito Chemix Corporation to Report Q3, 2023 Results on Jan 30, 2023 Daito Chemix Corporation announced that they will report Q3, 2023 results on Jan 30, 2023 Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: JP¥18.91 (vs JP¥19.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.91 (down from JP¥19.56 in 2Q 2022). Revenue: JP¥4.35b (up 12% from 2Q 2022). Net income: JP¥203.0m (down 3.3% from 2Q 2022). Profit margin: 4.7% (down from 5.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent External Director Atsuko Nakamura was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥18.91 (vs JP¥19.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.91 (down from JP¥19.56 in 2Q 2022). Revenue: JP¥4.35b (up 12% from 2Q 2022). Net income: JP¥203.0m (down 3.3% from 2Q 2022). Profit margin: 4.7% (down from 5.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.9%). Duyuru • Aug 28
Daito Chemix Corporation to Report Q2, 2023 Results on Oct 28, 2022 Daito Chemix Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥17.14 (vs JP¥54.03 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.14 (down from JP¥54.03 in 1Q 2022). Revenue: JP¥4.01b (flat on 1Q 2022). Net income: JP¥184.0m (down 68% from 1Q 2022). Profit margin: 4.6% (down from 14% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 04
Daito Chemix Corporation to Report Q1, 2023 Results on Jul 27, 2022 Daito Chemix Corporation announced that they will report Q1, 2023 results on Jul 27, 2022 Duyuru • May 12
Daito Chemix Corporation, Annual General Meeting, Jun 24, 2022 Daito Chemix Corporation, Annual General Meeting, Jun 24, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥147 (vs JP¥102 in FY 2021) Full year 2022 results: EPS: JP¥147 (up from JP¥102 in FY 2021). Revenue: JP¥16.1b (up 15% from FY 2021). Net income: JP¥1.58b (up 45% from FY 2021). Profit margin: 9.8% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Executive Officer & Director Takumi Etoh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 08
Daito Chemix Corporation to Report Fiscal Year 2022 Results on May 10, 2022 Daito Chemix Corporation announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥40.14 (down from JP¥40.52 in 3Q 2021). Revenue: JP¥4.22b (up 12% from 3Q 2021). Net income: JP¥431.0m (flat on 3Q 2021). Profit margin: 10% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 38% per year. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥19.56 (vs JP¥4.01 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥3.88b (up 31% from 2Q 2021). Net income: JP¥210.0m (up 388% from 2Q 2021). Profit margin: 5.4% (up from 1.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,419, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 242% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,399, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 212% over the past three years. Reported Earnings • Aug 01
First quarter 2022 earnings released: EPS JP¥54.03 (vs JP¥26.74 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.05b (up 17% from 1Q 2021). Net income: JP¥580.0m (up 102% from 1Q 2021). Profit margin: 14% (up from 8.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,088, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 122% over the past three years. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥102 (vs JP¥48.81 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.0b (up 13% from FY 2020). Net income: JP¥1.09b (up 108% from FY 2020). Profit margin: 7.8% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. 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. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥861, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 43% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.8%). Duyuru • Mar 04
Daito Chemix Corporation to Report Fiscal Year 2021 Results on May 11, 2021 Daito Chemix Corporation announced that they will report fiscal year 2021 results on May 11, 2021 Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥1,270, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 15.2x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 99%. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥40.52 (vs JP¥20.40 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.78b (up 21% from 3Q 2020). Net income: JP¥435.0m (up 99% from 3Q 2020). Profit margin: 12% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 01
New 90-day high: JP¥1,066 The company is up 32% from its price of JP¥808 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 16% share price gain to JP¥1,019, the stock is trading at a trailing P/E ratio of 21.3x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 58%. Duyuru • Nov 29
Daito Chemix Corporation to Report Q3, 2021 Results on Jan 29, 2021 Daito Chemix Corporation announced that they will report Q3, 2021 results on Jan 29, 2021 Duyuru • Sep 04
Daito Chemix Corporation to Report Q2, 2021 Results on Oct 28, 2020 Daito Chemix Corporation announced that they will report Q2, 2021 results on Oct 28, 2020