Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥10.97 (vs JP¥21.65 in 1Q 2025) First quarter 2026 results: EPS: JP¥10.97 (down from JP¥21.65 in 1Q 2025). Revenue: JP¥25.6b (up 8.8% from 1Q 2025). Net income: JP¥220.0m (down 51% from 1Q 2025). Profit margin: 0.9% (down from 1.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 01
Full year 2025 earnings released: EPS: JP¥183 (vs JP¥145 in FY 2024) Full year 2025 results: EPS: JP¥183 (up from JP¥145 in FY 2024). Revenue: JP¥104.8b (up 13% from FY 2024). Net income: JP¥3.71b (up 20% from FY 2024). Profit margin: 3.5% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 29
Tenma Corporation to Report Q1, 2026 Results on Aug 07, 2025 Tenma Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥183 (vs JP¥145 in FY 2024) Full year 2025 results: EPS: JP¥183 (up from JP¥145 in FY 2024). Revenue: JP¥104.8b (up 13% from FY 2024). Net income: JP¥3.71b (up 20% from FY 2024). Profit margin: 3.5% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • May 09
Tenma Corporation, Annual General Meeting, Jun 25, 2025 Tenma Corporation, Annual General Meeting, Jun 25, 2025. Duyuru • Apr 29
FHL Holdings Inc. completed the acquisition of an additional 50.59% stake in Tenma Corporation (TSE:7958) from Yasuichi Kaneda, Hiroshi Kaneda, Dalton Investments, Inc. and others for ¥36.6 billion in a management buyout transaction. FHL Holdings Inc. proposed to acquire an additional 66.85% stake in Tenma Corporation (TSE:7958) from Yasuichi Kaneda, Hiroshi Kaneda, Dalton Investments, Inc. and others for ¥48.3 billion in a management buyout transaction on March 13, 2025. A cash consideration will be paid by FHL Holdings Inc. FHL Holdings Inc. intends to finance the funds required for settlement of the transaction by borrowing funds (the “Loan”) from Sumitomo Mitsui Banking Corporation.
The transaction is subject to minimum tender. The transaction is unanimously approved by board of directors of Tenma Corporation. The transaction is expected to close on April 28, 2025.
Plutus Consulting Co., Ltd. acted as fairness opinion provider, Mori Hamada & Matsumoto LPC acted as legal advisor and Resona Research Institute Co., Ltd. acted as financial advisor to Tenma Corporation. SMBC Nikko Securities Inc. acted as financial advisor and Nagashima Ohno & Tsunematsu acted as legal advisor to FHL Holdings Inc.
FHL Holdings Inc. completed the acquisition of an additional 50.59% stake in Tenma Corporation (TSE:7958) from Yasuichi Kaneda, Hiroshi Kaneda, Dalton Investments, Inc. and others for ¥36.6 billion in a management buyout transaction on April 28, 2025. The commencement date of the settlement of the Tender Offer is on May 9, 2025. Duyuru • Mar 27
Tenma Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Tenma Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Duyuru • Mar 21
Tenma Corporation Revises Final Dividend Forecast for the Fiscal Year Ending March 2025 Tenma Corporation at the board of directors meeting held on March 14,2025, resolved to revise the final dividend forecast for the fiscal year ending March 2025 announced on February 7, 2025, not to pay a final dividend for the fiscal year ending March 2025 as compared to JPY 42.00 per share in the previous year. At a meeting of the Board of Directors company resolved to express its opinion in support of the Tender Offer and to recommend that the shareholders apply for the Tender Offer. The above resolution of the Board of Directors was made on the assumption that the Tender Offeror intends to take the private through the Tender Offer and a series of procedures scheduled thereafter, and that the shares will be delisted. The Company has positioned enhancing profit return as one of its management priorities, and has set a target of a consolidated dividend on equity (DOE) of 2.5% or more as its basic policy to continue to pay stable dividends while aiming to further increase profit return and to consider increasing dividends depending on the improvement of business performance and the achievement of management targets. However, according to the Offeror, the purchase price in the Tender Offer was comprehensively judged and determined on the assumption that no final dividend with a record date of March 31, 2025 will be paid. Therefore, at the Board of Directors meeting held, the Company resolved not to pay a final dividend for the fiscal year ending March 2025, subject to the completion of the Tender Offer. New Risk • Mar 17
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (388% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,115, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 36% over the past three years. Buy Or Sell Opportunity • Mar 06
Now 24% overvalued Over the last 90 days, the stock has fallen 9.6% to JP¥2,730. The fair value is estimated to be JP¥2,206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 27%. Buy Or Sell Opportunity • Feb 13
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to JP¥2,669. The fair value is estimated to be JP¥2,203, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 27%. Duyuru • Feb 12
Tenma Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Tenma Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 100,000 million, operating profit to be JPY 2,200 million, profit attributable to owners of parent to be JPY 3,500 million and basic earnings per share to be JPY 172.32 million. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥88.44 (vs JP¥40.08 in 3Q 2024) Third quarter 2025 results: EPS: JP¥88.44 (up from JP¥40.08 in 3Q 2024). Revenue: JP¥27.6b (up 18% from 3Q 2024). Net income: JP¥1.78b (up 110% from 3Q 2024). Profit margin: 6.4% (up from 3.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 03
Tenma Corporation to Report Q3, 2025 Results on Feb 07, 2025 Tenma Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 11
First half dividend of JP¥42.00 announced Dividend of JP¥42.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 17th July 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (391% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥21.76 (vs JP¥13.72 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.76 (up from JP¥13.72 in 2Q 2024). Revenue: JP¥24.9b (up 12% from 2Q 2024). Net income: JP¥444.0m (up 51% from 2Q 2024). Profit margin: 1.8% (up from 1.3% in 2Q 2024). 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 5% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 07
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to JP¥2,991. The fair value is estimated to be JP¥2,383, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 14%. Buy Or Sell Opportunity • Oct 15
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to JP¥2,877. The fair value is estimated to be JP¥2,392, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 14%. Duyuru • Sep 27
Tenma Corporation to Report Q2, 2025 Results on Nov 08, 2024 Tenma Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥21.65 (vs JP¥50.15 in 1Q 2024) First quarter 2025 results: EPS: JP¥21.65 (down from JP¥50.15 in 1Q 2024). Revenue: JP¥23.5b (down 6.1% from 1Q 2024). Net income: JP¥450.0m (down 59% from 1Q 2024). Profit margin: 1.9% (down from 4.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Shoji Matsuyama was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (488% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Declared Dividend • Jul 11
Final dividend of JP¥40.00 announced Dividend of JP¥40.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (445% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Jun 19
Tenma Corporation to Report Q1, 2025 Results on Aug 09, 2024 Tenma Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥145 (vs JP¥127 in FY 2023) Full year 2024 results: EPS: JP¥145 (up from JP¥127 in FY 2023). Revenue: JP¥92.9b (down 8.9% from FY 2023). Net income: JP¥3.09b (up 10% from FY 2023). Profit margin: 3.3% (up from 2.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • May 12
Tenma Corporation, Annual General Meeting, Jun 26, 2024 Tenma Corporation, Annual General Meeting, Jun 26, 2024. Duyuru • May 11
Tenma Corporation (TSE:7958) announces an Equity Buyback for 1,400,000 shares, representing 6.61% for ¥2,700 million. Tenma Corporation (TSE:7958) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 6.61% of its share capital, for ¥2,700 million. The purpose of the program is to improve capital efficiency and enable flexible capital policies that respond to changes in the business environment. The program will expire on March 31, 2025. As of March 31, 2024, the company had 21,191,585 shares in issue (excluding treasury stock) and 3,121,441 shares in treasury. Duyuru • Mar 28
Tenma Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Tenma Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥40.08 (vs JP¥54.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥40.08 (down from JP¥54.97 in 3Q 2023). Revenue: JP¥23.5b (down 18% from 3Q 2023). Net income: JP¥845.0m (down 30% from 3Q 2023). Profit margin: 3.6% (down from 4.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Dec 28
Tenma Corporation to Report Q3, 2024 Results on Feb 08, 2024 Tenma Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥13.72 (vs JP¥3.31 in 2Q 2023) Second quarter 2024 results: EPS: JP¥13.72 (up from JP¥3.31 in 2Q 2023). Revenue: JP¥22.2b (down 3.9% from 2Q 2023). Net income: JP¥294.0m (up 303% from 2Q 2023). Profit margin: 1.3% (up from 0.3% in 2Q 2023). 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 9% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 29
Tenma Corporation to Report Q2, 2024 Results on Nov 09, 2023 Tenma Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥40.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥50.15 (vs JP¥14.98 in 1Q 2023) First quarter 2024 results: EPS: JP¥50.15 (up from JP¥14.98 in 1Q 2023). Revenue: JP¥25.1b (up 14% from 1Q 2023). Net income: JP¥1.09b (up 228% from 1Q 2023). Profit margin: 4.3% (up from 1.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Board Change • Aug 03
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Shoji Matsuyama was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jul 06
Tenma Corporation to Report Q1, 2024 Results on Aug 10, 2023 Tenma Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Duyuru • May 17
Tenma Corporation, Annual General Meeting, Jun 27, 2023 Tenma Corporation, Annual General Meeting, Jun 27, 2023. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥127 (vs JP¥46.60 in FY 2022) Full year 2023 results: EPS: JP¥127 (up from JP¥46.60 in FY 2022). Revenue: JP¥102.1b (up 23% from FY 2022). Net income: JP¥2.80b (up 165% from FY 2022). Profit margin: 2.7% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • May 14
Tenma Corporation (TSE:7958) announces an Equity Buyback for 1,100,000 shares, representing 5.06% for ¥2,000 million. Tenma Corporation (TSE:7958) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 5.06% of its share capital, for ¥2,000 million. The purpose of the program is to improve capital efficiency and enable flexible capital policies that respond to changes in the business environment. The program will expire on March 31, 2024. As of March 31, 2023, the company had 21,732,686 shares in issue (excluding treasury stock) and 3,580,340 shares in treasury. Duyuru • May 13
Kuroda Electric Co., Ltd. signed a stock transfer agreement to acquire Nankai Enviro-Tech Corp. from Tenma Corporation (TSE : 7958) for approximately ¥290 million. Kuroda Electric Co., Ltd. signed a stock transfer agreement to acquire Nankai Enviro-Tech Corp. from Tenma Corporation (TSE : 7958) for approximately ¥290 million on May 12, 2023. The transaction is expected to close on May 25, 2023. The impact of this share acquisition on the full-year consolidated earnings forecast for the fiscal year ending March 31, 2024, will be minor. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥42.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥54.97 (vs JP¥8.94 in 3Q 2022) Third quarter 2023 results: EPS: JP¥54.97 (up from JP¥8.94 in 3Q 2022). Revenue: JP¥28.7b (up 35% from 3Q 2022). Net income: JP¥1.21b (up 497% from 3Q 2022). Profit margin: 4.2% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Nov 30
Tenma Corporation to Report Q3, 2023 Results on Feb 10, 2023 Tenma Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 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, 4 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Shoji Matsuyama is the most experienced director on the board, commencing their role in 2020. Independent Outside Director Yuta Kinose 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 11
Second quarter 2023 earnings released: EPS: JP¥3.31 (vs JP¥2.27 in 2Q 2022) Second quarter 2023 results: EPS: JP¥3.31 (up from JP¥2.27 in 2Q 2022). Revenue: JP¥23.1b (up 23% from 2Q 2022). Net income: JP¥73.0m (up 40% from 2Q 2022). Profit margin: 0.3% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings. 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: 12 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%). Duyuru • Sep 02
Tenma Corporation to Report Q2, 2023 Results on Nov 09, 2022 Tenma Corporation announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: JP¥14.98 (vs JP¥22.42 in 1Q 2022) First quarter 2023 results: EPS: JP¥14.98 (down from JP¥22.42 in 1Q 2022). Revenue: JP¥21.9b (up 9.2% from 1Q 2022). Net income: JP¥332.0m (down 36% from 1Q 2022). Profit margin: 1.5% (down from 2.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • Jul 02
Tenma Corporation to Report Q1, 2023 Results on Aug 08, 2022 Tenma Corporation announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥46.60 (vs JP¥127 in FY 2021) Full year 2022 results: EPS: JP¥46.60 (down from JP¥127 in FY 2021). Revenue: JP¥82.7b (up 12% from FY 2021). Net income: JP¥1.06b (down 65% from FY 2021). Profit margin: 1.3% (down from 4.1% 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 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • May 14
Tenma Corporation, Annual General Meeting, Jun 23, 2022 Tenma Corporation, Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Outside Director Koichi Kan is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Apr 08
Tenma Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Tenma Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥8.94 (down from JP¥18.03 in 3Q 2021). Revenue: JP¥21.2b (up 14% from 3Q 2021). Net income: JP¥202.0m (down 52% from 3Q 2021). Profit margin: 1.0% (down from 2.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥2.27 (vs JP¥7.95 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥18.8b (up 13% from 2Q 2021). Net income: JP¥52.0m (up JP¥241.0m from 2Q 2021). Profit margin: 0.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥22.42 (vs JP¥19.62 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: JP¥20.1b (up 9.1% from 1Q 2021). Net income: JP¥516.0m (up 9.3% from 1Q 2021). Profit margin: 2.6% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥127 (vs JP¥104 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥73.6b (down 14% from FY 2020). Net income: JP¥3.01b (up 20% from FY 2020). Profit margin: 4.1% (up from 2.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥18.03 (vs JP¥24.91 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥18.6b (down 12% from 3Q 2020). Net income: JP¥424.0m (down 30% from 3Q 2020). Profit margin: 2.3% (down from 2.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Is New 90 Day High Low • Feb 10
New 90-day high: JP¥2,241 The company is up 17% from its price of JP¥1,911 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥2,183 The company is up 20% from its price of JP¥1,824 on 27 October 2020. The Japanese market is up 14% 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. Duyuru • Jan 14
Tenma Corporation to Report Q3, 2021 Results on Feb 10, 2021 Tenma Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Jan 08
New 90-day high: JP¥2,083 The company is up 15% from its price of JP¥1,807 on 09 October 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 Chemicals industry, which is also up 15% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: JP¥2,061 The company is up 12% from its price of JP¥1,838 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥1,968 The company is up 1.0% from its price of JP¥1,958 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period. Duyuru • Oct 10
Tenma Corporation to Report Q2, 2021 Results on Nov 06, 2020 Tenma Corporation announced that they will report Q2, 2021 results on Nov 06, 2020