Duyuru • Jun 03
Aichi Steel Corporation to Report Q1, 2027 Results on Jul 31, 2026 Aichi Steel Corporation announced that they will report Q1, 2027 results on Jul 31, 2026 Duyuru • Apr 29
Aichi Steel Corporation, Annual General Meeting, Jun 16, 2026 Aichi Steel Corporation, Annual General Meeting, Jun 16, 2026. New Risk • Apr 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.2% 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 (7.2% average weekly change). Duyuru • Apr 21
Aichi Steel Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026 Aichi Steel Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥69.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥62.95 (vs JP¥50.31 in 3Q 2025) Third quarter 2026 results: EPS: JP¥62.95 (up from JP¥50.31 in 3Q 2025). Revenue: JP¥76.9b (flat on 3Q 2025). Net income: JP¥4.05b (up 1.9% from 3Q 2025). Profit margin: 5.3% (up from 5.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 29
Aichi Steel Corporation to Report Q3, 2026 Results on Feb 03, 2026 Aichi Steel Corporation announced that they will report Q3, 2026 results on Feb 03, 2026 Declared Dividend • Nov 27
First half dividend of JP¥69.00 announced Shareholders will receive a dividend of JP¥69.00. Ex-date: 30th March 2026 Payment date: 4th June 2026 Dividend yield will be 4.8%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 39% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥31.39 (vs JP¥7.10 in 2Q 2025) Second quarter 2026 results: EPS: JP¥31.39 (up from JP¥7.10 in 2Q 2025). Revenue: JP¥74.7b (up 2.3% from 2Q 2025). Net income: JP¥2.04b (up 263% from 2Q 2025). Profit margin: 2.7% (up from 0.8% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥67.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%). Duyuru • Sep 03
Aichi Steel Corporation to Report Q2, 2026 Results on Oct 31, 2025 Aichi Steel Corporation announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥203 (vs JP¥14.21 in 1Q 2025) First quarter 2026 results: EPS: JP¥203 (up from JP¥14.21 in 1Q 2025). Revenue: JP¥75.1b (up 4.4% from 1Q 2025). Net income: JP¥3.57b (up 218% from 1Q 2025). Profit margin: 4.8% (up from 1.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 21
Final dividend of JP¥57.75 announced Shareholders will receive a dividend of JP¥57.75. Ex-date: 29th September 2025 Payment date: 26th November 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Jun 03
Aichi Steel Corporation to Report Q1, 2026 Results on Jul 31, 2025 Aichi Steel Corporation announced that they will report Q1, 2026 results on Jul 31, 2025 Duyuru • May 17
Aichi Steel Corporation (TSE:5482) announces an Equity Buyback for 3,100,000 shares, representing 16.23% for ¥26,257 million. Aichi Steel Corporation (TSE:5482) announces a share repurchase program. Under the program, the company will repurchase up to 3,100,000 shares, representing 16.23% of its issued share capital, for ¥26,257 million. The shares will be repurchased at a purchase price of ¥8,470 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of April 30, 2025, the company has 19,101,123 issued shares (excluding treasury stock) and 8,064 shares in treasury. Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: JP¥398 (vs JP¥334 in FY 2024) Full year 2025 results: EPS: JP¥398 (up from JP¥334 in FY 2024). Revenue: JP¥299.3b (flat on FY 2024). Net income: JP¥7.82b (up 19% from FY 2024). Profit margin: 2.6% (up from 2.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%). Duyuru • Mar 07
Aichi Steel Corporation to Report Fiscal Year 2025 Results on Apr 25, 2025 Aichi Steel Corporation announced that they will report fiscal year 2025 results on Apr 25, 2025 Duyuru • Feb 28
Aichi Steel Corporation (TSE:5482) announces an Equity Buyback for 650,000 shares, representing 3.29% for ¥4,394 million. Aichi Steel Corporation (TSE:5482) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 3.29% of its issued share capital, for ¥4,394 million. The shares will be repurchased at a purchase price of ¥6,760 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of January 31, 2025, the company has 19,751,288 issued shares (excluding treasury stock) and 135,387 shares in treasury. New Risk • Feb 27
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 6.5% 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 1.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥201 (vs JP¥145 in 3Q 2024) Third quarter 2025 results: EPS: JP¥201 (up from JP¥145 in 3Q 2024). Revenue: JP¥76.9b (down 1.0% from 3Q 2024). Net income: JP¥3.98b (up 39% from 3Q 2024). Profit margin: 5.2% (up from 3.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥6,270, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 160% over the past three years. Duyuru • Dec 03
Aichi Steel Corporation to Report Q3, 2025 Results on Jan 31, 2025 Aichi Steel Corporation announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Nov 27
First half dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 3.4% 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 decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.8% EPS decline seen over the last 5 years. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥28.41 (vs JP¥49.50 in 2Q 2024) Second quarter 2025 results: EPS: JP¥28.41 (down from JP¥49.50 in 2Q 2024). Revenue: JP¥73.0b (down 3.3% from 2Q 2024). Net income: JP¥561.0m (down 43% from 2Q 2024). Profit margin: 0.8% (down from 1.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (4.3%). Duyuru • Aug 27
Aichi Steel Corporation to Report Q2, 2025 Results on Oct 31, 2024 Aichi Steel Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Buy Or Sell Opportunity • Aug 05
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥2,707. The fair value is estimated to be JP¥3,664, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 22%. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥56.83 (vs JP¥115 in 1Q 2024) First quarter 2025 results: EPS: JP¥56.83 (down from JP¥115 in 1Q 2024). Revenue: JP¥71.9b (down 2.5% from 1Q 2024). Net income: JP¥1.12b (down 51% from 1Q 2024). Profit margin: 1.6% (down from 3.1% in 1Q 2024). 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 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Duyuru • Jun 13
Aichi Steel Corporation to Report Q1, 2025 Results on Jul 31, 2024 Aichi Steel Corporation announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • Apr 28
Full year 2024 earnings released: EPS: JP¥334 (vs JP¥81.64 in FY 2023) Full year 2024 results: EPS: JP¥334 (up from JP¥81.64 in FY 2023). Revenue: JP¥296.5b (up 4.0% from FY 2023). Net income: JP¥6.59b (up 310% from FY 2023). Profit margin: 2.2% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. 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. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 7.9% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%). Duyuru • Mar 02
Aichi Steel Corporation to Report Q4, 2024 Results on Apr 26, 2024 Aichi Steel Corporation announced that they will report Q4, 2024 results on Apr 26, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥145 (vs JP¥0.46 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥145 (up from JP¥0.46 loss in 3Q 2023). Revenue: JP¥77.7b (up 11% from 3Q 2023). Net income: JP¥2.86b (up JP¥2.87b from 3Q 2023). Profit margin: 3.7% (up from 0% in 3Q 2023). 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 whereas the company’s share price has increased by 3% per year. Duyuru • Feb 02
Aichi Steel Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2024 Aichi Steel Corporation provided earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects to report revenue of JPY 300,000 million, operating profit of JPY 8,700 million, profit attributable to owners of the parent of JPY 5,200 million, and basic earnings per share of JPY 263.50. Duyuru • Nov 27
Aichi Steel Corporation to Report Q3, 2024 Results on Feb 02, 2024 Aichi Steel Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥49.49 (vs JP¥39.09 in 2Q 2023) Second quarter 2024 results: EPS: JP¥49.49 (up from JP¥39.09 in 2Q 2023). Revenue: JP¥75.5b (up 3.5% from 2Q 2023). Net income: JP¥977.0m (up 27% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥40.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 28 November 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.2%). Duyuru • Aug 27
Aichi Steel Corporation to Report Q2, 2024 Results on Oct 31, 2023 Aichi Steel Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥115 (vs JP¥27.75 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥115 (up from JP¥27.75 loss in 1Q 2023). Revenue: JP¥73.8b (up 10% from 1Q 2023). Net income: JP¥2.28b (up JP¥2.82b from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥81.64 (vs JP¥55.26 in FY 2022) Full year 2023 results: EPS: JP¥81.64 (up from JP¥55.26 in FY 2022). Revenue: JP¥285.1b (up 9.6% from FY 2022). Net income: JP¥1.61b (up 48% from FY 2022). Profit margin: 0.6% (up from 0.4% in FY 2022). 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 63 percentage points per year, which is a significant difference in performance. Duyuru • Jun 03
Aichi Steel Corporation to Report Q1, 2024 Results on Jul 28, 2023 Aichi Steel Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥81.63 (vs JP¥55.26 in FY 2022) Full year 2023 results: EPS: JP¥81.63 (up from JP¥55.26 in FY 2022). Revenue: JP¥285.1b (up 9.6% from FY 2022). Net income: JP¥1.61b (up 48% from FY 2022). Profit margin: 0.6% (up from 0.4% in FY 2022). 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 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 04
Third quarter 2023 earnings released: JP¥0.51 loss per share (vs JP¥2.99 loss in 3Q 2022) Third quarter 2023 results: JP¥0.51 loss per share (improved from JP¥2.99 loss in 3Q 2022). Revenue: JP¥69.9b (up 3.4% from 3Q 2022). Net loss: JP¥10.0m (loss narrowed 83% from 3Q 2022). Profit margin: 0% (up from net loss in 3Q 2022). 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 53 percentage points per year, which is a significant difference in performance. Duyuru • Feb 03
Aichi Steel Corporation Announces Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Aichi Steel Corporation announced consolidated earnings guidance for the fiscal year ending March 31, 2023. For the fiscal year ending March 31, 2023, the company expects to report revenue of JPY 284,000 million. Duyuru • Dec 01
Aichi Steel Corporation to Report Q3, 2023 Results on Feb 03, 2023 Aichi Steel Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥5.65 (vs JP¥0.76 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.65 (up from JP¥0.76 in 2Q 2022). Revenue: JP¥69.9b (up 14% from 2Q 2022). Net income: JP¥111.5m (up JP¥96.5m from 2Q 2022). Profit margin: 0.2% (up from 0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Managing Executive Officer, GM of R&D Headquarters and Director Ichie Nomura was the last 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. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥39.04 (vs JP¥0.76 in 2Q 2022) Second quarter 2023 results: EPS: JP¥39.04 (up from JP¥0.76 in 2Q 2022). Revenue: JP¥73.0b (up 19% from 2Q 2022). Net income: JP¥770.0m (up JP¥755.0m from 2Q 2022). Profit margin: 1.1% (up from 0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥27.75 loss per share (vs JP¥60.66 profit in 1Q 2022) First quarter 2023 results: JP¥27.75 loss per share (down from JP¥60.66 profit in 1Q 2022). Revenue: JP¥66.9b (up 8.6% from 1Q 2022). Net loss: JP¥547.0m (down 146% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥47.34 (vs JP¥155 in FY 2021) Full year 2022 results: EPS: JP¥47.34 (down from JP¥155 in FY 2021). Revenue: JP¥260.1b (up 27% from FY 2021). Net income: JP¥933.0m (down 69% from FY 2021). Profit margin: 0.4% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
No independent directors There are 6 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: 6 new directors. 3 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). President & Representative Director Takahiro Fujioka is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (4.7%). Reported Earnings • Feb 03
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: JP¥2.99 loss per share (down from JP¥134 profit in 3Q 2021). Revenue: JP¥67.6b (up 14% from 3Q 2021). Net loss: JP¥59.0m (down 102% from profit in 3Q 2021). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 481%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥155 (vs JP¥434 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥204.9b (down 15% from FY 2020). Net income: JP¥3.05b (down 64% from FY 2020). Profit margin: 1.5% (down from 3.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥155 (vs JP¥434 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥204.9b (down 15% from FY 2020). Net income: JP¥3.05b (down 64% from FY 2020). Profit margin: 1.5% (down from 3.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 19 June 2021. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.5%). Duyuru • Mar 05
Aichi Steel Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021 Aichi Steel Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021 Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS JP¥134 (vs JP¥149 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥59.3b (down 1.9% from 3Q 2020). Net income: JP¥2.63b (down 10% from 3Q 2020). Profit margin: 4.4% (down from 4.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 04
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 15%, compared to a 5.1% growth forecast for the Metals and Mining industry in Japan. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥3,295, the stock is trading at a trailing P/E ratio of 23x, up from the previous P/E ratio of 19.2x. This compares to an average P/E of 12x in the Metals and Mining industry in Japan. Total return to shareholders over the past three years is a loss of 21%. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥3,295 The company is up 25% from its price of JP¥2,630 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period. Duyuru • Dec 05
Aichi Steel Corporation to Report Q3, 2021 Results on Feb 02, 2021 Aichi Steel Corporation announced that they will report Q3, 2021 results on Feb 02, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: JP¥2,827 The company is up 11% from its price of JP¥2,549 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 11% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥2,600 Down from JP¥3,200, the current price target is provided by 1 analyst. The new target price is close to the current share price of JP¥2,601. As of last close, the stock is down 28% over the past year. Duyuru • Sep 12
Aichi Steel Corporation to Report Q2, 2021 Results on Oct 29, 2020 Aichi Steel Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 Duyuru • Jun 20
Aichi Steel Corporation to Report Q1, 2021 Results on Jul 31, 2020 Aichi Steel Corporation announced that they will report Q1, 2021 results on Jul 31, 2020