Reported Earnings • Aug 10
First quarter 2027 earnings released: EPS: JP¥28.62 (vs JP¥2.66 in 1Q 2026) First quarter 2027 results: EPS: JP¥28.62 (up from JP¥2.66 in 1Q 2026). Revenue: JP¥34.5b (up 19% from 1Q 2026). Net income: JP¥1.22b (up JP¥1.10b from 1Q 2026). Profit margin: 3.5% (up from 0.4% in 1Q 2026). The increase in margin was driven by higher revenue. Declared Dividend • Jul 25
Final dividend of JP¥31.00 announced Shareholders will receive a dividend of JP¥31.00. Ex-date: 29th September 2026 Payment date: 9th December 2026 Dividend yield will be 5.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (54% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 8.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jun 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (135% payout ratio). Large one-off items impacting financial results. Duyuru • Jun 05
Kuroda Group Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Kuroda Group Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥82.95 (vs JP¥92.20 in FY 2025) Full year 2026 results: EPS: JP¥82.95 (down from JP¥92.20 in FY 2025). Revenue: JP¥122.8b (up 1.2% from FY 2025). Net income: JP¥3.52b (down 10.0% from FY 2025). Profit margin: 2.9% (down from 3.2% in FY 2025). The decrease in margin was driven by higher expenses. Duyuru • May 15
Kuroda Group Co., Ltd., Annual General Meeting, Jun 23, 2026 Kuroda Group Co., Ltd., Annual General Meeting, Jun 23, 2026. Duyuru • May 09
Kuroda Group Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Kuroda Group Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Director Yasunobu Mori was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥28.93 (vs JP¥10.39 in 3Q 2025) Third quarter 2026 results: EPS: JP¥28.93 (up from JP¥10.39 in 3Q 2025). Revenue: JP¥30.9b (up 4.2% from 3Q 2025). Net income: JP¥1.23b (up 179% from 3Q 2025). Profit margin: 4.0% (up from 1.5% in 3Q 2025). The increase in margin was driven by higher revenue. Declared Dividend • Dec 10
First half dividend of JP¥31.00 announced Shareholders will receive a dividend of JP¥31.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 6.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control, which is more than the 3.2% EPS growth achieved over the last 5 years. Duyuru • Dec 03
Kuroda Group Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Kuroda Group Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Nov 16
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 92% Dividend yield: 6.9% 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 Revenue has declined by 2.9% over the past year. Minor Risk Dividend is not well covered by earnings (92% payout ratio). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥24.74 (vs JP¥10.39 in 2Q 2025) Second quarter 2026 results: EPS: JP¥24.74 (up from JP¥10.39 in 2Q 2025). Revenue: JP¥30.4b (up 2.5% from 2Q 2025). Net income: JP¥1.05b (up 138% from 2Q 2025). Profit margin: 3.5% (up from 1.5% in 2Q 2025). Duyuru • Sep 04
Kuroda Group Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Kuroda Group Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Aug 22
New major risk - Revenue and earnings growth Revenue has declined by 4.1% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 09
First quarter 2026 earnings released First quarter 2026 results: EPS: JP¥2.66. Net income: JP¥113.0m (up JP¥113.0m from 1Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Buy Or Sell Opportunity • Jul 08
Now 25% undervalued Over the last 90 days, the stock has risen 10% to JP¥860. The fair value is estimated to be JP¥1,140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last year. Earnings per share has grown by 960%. Revenue is forecast to grow by 2.6% in 2 years. Earnings are forecast to grow by 9.9% in the next 2 years. Reported Earnings • Jul 01
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥92.20 (up from JP¥8.70 in FY 2024). Revenue: JP¥121.3b (down 4.2% from FY 2024). Net income: JP¥3.91b (up JP¥3.54b from FY 2024). Profit margin: 3.2% (up from 0.3% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Duyuru • Jun 18
Kuroda Group Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Kuroda Group Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 21
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥92.20 (up from JP¥8.70 in FY 2024). Revenue: JP¥121.3b (down 4.2% from FY 2024). Net income: JP¥3.91b (up JP¥3.54b from FY 2024). Profit margin: 3.2% (up from 0.3% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Duyuru • May 15
Kuroda Group Co., Ltd., Annual General Meeting, Jun 24, 2025 Kuroda Group Co., Ltd., Annual General Meeting, Jun 24, 2025. Buy Or Sell Opportunity • May 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to JP¥941. The fair value is estimated to be JP¥1,184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last year. Earnings per share has declined by 84%. For the next 3 years, revenue is forecast to decline by 0.3% per annum. Earnings are forecast to grow by 38% per annum over the same time period. Buy Or Sell Opportunity • Apr 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥901. The fair value is estimated to be JP¥1,150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last year. Earnings per share has declined by 84%. For the next 3 years, revenue is forecast to decline by 0.3% per annum. Earnings are forecast to grow by 38% per annum over the same time period. Duyuru • Mar 12
Kuroda Group Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Kuroda Group Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Buy Or Sell Opportunity • Feb 03
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at JP¥968. The fair value is estimated to be JP¥1,220, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last year. Earnings per share has declined by 84%. For the next 3 years, revenue is forecast to decline by 0.3% per annum. Earnings are forecast to grow by 38% per annum over the same time period. New Risk • Jan 20
New major risk - Revenue and earnings growth Revenue has declined by 9.0% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Shares are highly illiquid. Revenue has declined by 9.0% over the past year. Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (0.3% net profit margin).