Reported Earnings • Aug 10
First quarter 2027 earnings released: EPS: JP¥64.47 (vs JP¥46.77 in 1Q 2026) First quarter 2027 results: EPS: JP¥64.47 (up from JP¥46.77 in 1Q 2026). Revenue: JP¥10.4b (up 8.9% from 1Q 2026). Net income: JP¥408.0m (up 38% from 1Q 2026). Profit margin: 3.9% (up from 3.1% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 27
Eiwa Corporation to Report Q1, 2027 Results on Aug 07, 2026 Eiwa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥327 (vs JP¥309 in FY 2025) Full year 2026 results: EPS: JP¥327 (up from JP¥309 in FY 2025). Revenue: JP¥48.8b (up 3.6% from FY 2025). Net income: JP¥2.07b (up 5.9% from FY 2025). Profit margin: 4.2% (up from 4.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 12
Eiwa Corporation, Annual General Meeting, Jun 24, 2026 Eiwa Corporation, Annual General Meeting, Jun 24, 2026. New Risk • May 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$98.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥15.5b market cap, or US$98.4m). Duyuru • May 10
Eiwa Corporation to Report Fiscal Year 2026 Results on May 12, 2026 Eiwa Corporation announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥107 (vs JP¥87.38 in 3Q 2025) Third quarter 2026 results: EPS: JP¥107 (up from JP¥87.38 in 3Q 2025). Revenue: JP¥12.5b (up 3.6% from 3Q 2025). Net income: JP¥674.0m (up 22% from 3Q 2025). Profit margin: 5.4% (up from 4.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 06
Eiwa Corporation to Report Q3, 2026 Results on Feb 06, 2026 Eiwa Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥75.53 (vs JP¥75.69 in 2Q 2025) Second quarter 2026 results: EPS: JP¥75.53 (down from JP¥75.69 in 2Q 2025). Revenue: JP¥11.7b (up 6.6% from 2Q 2025). Net income: JP¥478.0m (flat on 2Q 2025). Profit margin: 4.1% (down from 4.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 27% and the cash payout ratio is 78%. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Duyuru • Sep 11
Eiwa Corporation to Report Q2, 2026 Results on Nov 06, 2025 Eiwa Corporation announced that they will report Q2, 2026 results on Nov 06, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥46.77 (vs JP¥55.30 in 1Q 2025) First quarter 2026 results: EPS: JP¥46.77 (down from JP¥55.30 in 1Q 2025). Revenue: JP¥9.57b (up 3.2% from 1Q 2025). Net income: JP¥296.0m (down 15% from 1Q 2025). Profit margin: 3.1% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year. Duyuru • Jun 27
Eiwa Corporation to Report Q1, 2026 Results on Aug 08, 2025 Eiwa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Buy Or Sell Opportunity • Jun 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.7% to JP¥2,432. The fair value is estimated to be JP¥2,004, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 22%. Reported Earnings • May 13
Full year 2025 earnings released: EPS: JP¥309 (vs JP¥263 in FY 2024) Full year 2025 results: EPS: JP¥309 (up from JP¥263 in FY 2024). Revenue: JP¥47.1b (up 8.9% from FY 2024). Net income: JP¥1.95b (up 17% from FY 2024). Profit margin: 4.1% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year. Duyuru • May 12
Eiwa Corporation, Annual General Meeting, Jun 25, 2025 Eiwa Corporation, Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,856, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 77% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Duyuru • Mar 04
Eiwa Corporation to Report Fiscal Year 2025 Results on May 12, 2025 Eiwa Corporation announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥87.38 (vs JP¥74.58 in 3Q 2024) Third quarter 2025 results: EPS: JP¥87.38 (up from JP¥74.58 in 3Q 2024). Revenue: JP¥12.1b (up 8.5% from 3Q 2024). Net income: JP¥553.0m (up 17% from 3Q 2024). Profit margin: 4.6% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year. Duyuru • Dec 07
Eiwa Corporation to Report Q3, 2025 Results on Feb 07, 2025 Eiwa Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥75.69 (vs JP¥57.36 in 2Q 2024) Second quarter 2025 results: EPS: JP¥75.69 (up from JP¥57.36 in 2Q 2024). Revenue: JP¥10.9b (up 5.6% from 2Q 2024). Net income: JP¥479.0m (up 32% from 2Q 2024). Profit margin: 4.4% (up from 3.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Buy Or Sell Opportunity • Nov 06
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to JP¥2,250. The fair value is estimated to be JP¥1,830, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 20%. New Risk • Sep 26
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 8.3% 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 (8.3% average weekly change). Market cap is less than US$100m (JP¥14.0b market cap, or US$96.4m). Buy Or Sell Opportunity • Sep 24
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at JP¥2,260. The fair value is estimated to be JP¥1,835, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 20%. 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: 05 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Duyuru • Sep 13
Eiwa Corporation to Report Q2, 2025 Results on Nov 06, 2024 Eiwa Corporation announced that they will report Q2, 2025 results on Nov 06, 2024 Buy Or Sell Opportunity • Aug 14
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.3% to JP¥2,198. The fair value is estimated to be JP¥1,831, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 20%. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥55.30 (vs JP¥41.56 in 1Q 2024) First quarter 2025 results: EPS: JP¥55.30 (up from JP¥41.56 in 1Q 2024). Revenue: JP¥9.27b (up 4.8% from 1Q 2024). Net income: JP¥350.0m (up 33% from 1Q 2024). Profit margin: 3.8% (up from 3.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
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 6.3% 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 (6.3% average weekly change). Market cap is less than US$100m (JP¥10.7b market cap, or US$75.1m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥1,690, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 41% over the past three years. Duyuru • Jul 05
Eiwa Corporation to Report Q1, 2025 Results on Aug 09, 2024 Eiwa Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥263 (vs JP¥209 in FY 2023) Full year 2024 results: EPS: JP¥263 (up from JP¥209 in FY 2023). Revenue: JP¥43.3b (up 4.9% from FY 2023). Net income: JP¥1.67b (up 26% from FY 2023). Profit margin: 3.9% (up from 3.2% 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 whereas the company’s share price has increased by 21% per year. Duyuru • May 12
Eiwa Corporation, Annual General Meeting, Jun 26, 2024 Eiwa Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Duyuru • Mar 14
Eiwa Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Eiwa Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥74.58 (vs JP¥50.41 in 3Q 2023) Third quarter 2024 results: EPS: JP¥74.58 (up from JP¥50.41 in 3Q 2023). Revenue: JP¥11.1b (up 12% from 3Q 2023). Net income: JP¥472.0m (up 48% from 3Q 2023). Profit margin: 4.2% (up from 3.2% 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 17% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 21
Eiwa Corporation to Report Q3, 2024 Results on Feb 06, 2024 Eiwa Corporation announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥57.36 (vs JP¥40.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥57.36 (up from JP¥40.29 in 2Q 2023). Revenue: JP¥10.3b (up 9.2% from 2Q 2023). Net income: JP¥363.0m (up 42% from 2Q 2023). Profit margin: 3.5% (up from 2.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,959, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 116% over the past three years. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 22% 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 (1.4%). Duyuru • Sep 13
Eiwa Corporation to Report Q2, 2024 Results on Nov 07, 2023 Eiwa Corporation announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥41.56 (vs JP¥6.64 in 1Q 2023) First quarter 2024 results: EPS: JP¥41.56 (up from JP¥6.64 in 1Q 2023). Revenue: JP¥8.84b (up 12% from 1Q 2023). Net income: JP¥263.0m (up JP¥221.0m from 1Q 2023). Profit margin: 3.0% (up from 0.5% 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 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 03
Eiwa Corporation to Report Q1, 2024 Results on Aug 04, 2023 Eiwa Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥209 (vs JP¥169 in FY 2022) Full year 2023 results: EPS: JP¥209 (up from JP¥169 in FY 2022). Revenue: JP¥41.3b (up 10% from FY 2022). Net income: JP¥1.32b (up 24% from FY 2022). Profit margin: 3.2% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 14
Eiwa Corporation, Annual General Meeting, Jun 28, 2023 Eiwa Corporation, Annual General Meeting, Jun 28, 2023. Buying Opportunity • Mar 27
Now 21% undervalued Over the last 90 days, the stock is up 1.3%. The fair value is estimated to be JP¥1,636, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.0%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥31.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥50.41 (vs JP¥42.19 in 3Q 2022) Third quarter 2023 results: EPS: JP¥50.41 (up from JP¥42.19 in 3Q 2022). Revenue: JP¥9.94b (up 5.0% from 3Q 2022). Net income: JP¥319.0m (up 20% from 3Q 2022). Profit margin: 3.2% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Duyuru • Nov 27
Eiwa Corporation to Report Q3, 2023 Results on Feb 07, 2023 Eiwa Corporation announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. No independent directors (6 non-independent directors). Independent Auditor Suguru Fujita was the last independent director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥40.29 (vs JP¥26.70 in 2Q 2022) Second quarter 2023 results: EPS: JP¥40.29 (up from JP¥26.70 in 2Q 2022). Revenue: JP¥9.48b (up 16% from 2Q 2022). Net income: JP¥255.0m (up 51% from 2Q 2022). Profit margin: 2.7% (up from 2.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and the cash payout ratio is 90%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Duyuru • Sep 15
Eiwa Corporation to Report Q2, 2023 Results on Nov 08, 2022 Eiwa Corporation announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥6.64 (vs JP¥10.75 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.64 (down from JP¥10.75 in 1Q 2022). Revenue: JP¥7.92b (up 4.0% from 1Q 2022). Net income: JP¥42.0m (down 38% from 1Q 2022). Profit margin: 0.5% (down from 0.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 04
Eiwa Corporation to Report Q1, 2023 Results on Aug 03, 2022 Eiwa Corporation announced that they will report Q1, 2023 results on Aug 03, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥169 (vs JP¥184 in FY 2021) Full year 2022 results: EPS: JP¥169 (down from JP¥184 in FY 2021). Revenue: JP¥37.4b (down 4.5% from FY 2021). Net income: JP¥1.07b (down 8.3% from FY 2021). Profit margin: 2.9% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 15
Eiwa Corporation, Annual General Meeting, Jun 28, 2022 Eiwa Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. No independent directors (6 non-independent directors). Independent Auditor Suguru Fujita was the last independent director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Apr 08
Eiwa Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Eiwa Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥42.19 (up from JP¥33.34 in 3Q 2021). Revenue: JP¥9.47b (up 5.8% from 3Q 2021). Net income: JP¥267.0m (up 27% from 3Q 2021). Profit margin: 2.8% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥26.70 (vs JP¥33.66 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.16b (down 6.2% from 2Q 2021). Net income: JP¥169.0m (down 21% from 2Q 2021). Profit margin: 2.1% (down from 2.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥10.75 (vs JP¥13.59 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥7.61b (up 1.1% from 1Q 2021). Net income: JP¥68.0m (down 21% from 1Q 2021). Profit margin: 0.9% (down from 1.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥1,519, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 80% over the past three years. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥184 (vs JP¥178 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥39.2b (up 3.9% from FY 2020). Net income: JP¥1.16b (up 3.3% from FY 2020). Profit margin: 3.0% (in line with 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 8% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.9%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Duyuru • Mar 04
Eiwa Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Eiwa Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥33.34 (vs JP¥35.87 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥8.96b (up 1.1% from 3Q 2020). Net income: JP¥211.0m (down 7.0% from 3Q 2020). Profit margin: 2.4% (down from 2.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 22
New 90-day low: JP¥972 The company is down 4.0% from its price of JP¥1,008 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period. Duyuru • Sep 04
Eiwa Corporation to Report Q2, 2021 Results on Nov 06, 2020 Eiwa Corporation announced that they will report Q2, 2021 results on Nov 06, 2020 Duyuru • Jul 05
Eiwa Corporation to Report Q1, 2021 Results on Aug 04, 2020 Eiwa Corporation announced that they will report Q1, 2021 results on Aug 04, 2020