Announcement • May 14
Sanken Electric Co., Ltd., Annual General Meeting, Jun 26, 2026 Sanken Electric Co., Ltd., Annual General Meeting, Jun 26, 2026. Reported Earnings • May 14
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: JP¥473 loss per share (down from JP¥2,120 profit in FY 2025). Revenue: JP¥80.2b (down 34% from FY 2025). Net loss: JP¥9.80b (down 119% from profit in FY 2025). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Price Target Changed • Mar 14
Price target decreased by 17% to JP¥6,550 Down from JP¥7,933, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥6,833. Stock is down 9.4% over the past year. The company is forecast to post a net loss per share of JP¥444 compared to earnings per share of JP¥2,120 last year. Reported Earnings • Feb 10
Third quarter 2026 earnings released: JP¥106 loss per share (vs JP¥131 profit in 3Q 2025) Third quarter 2026 results: JP¥106 loss per share (down from JP¥131 profit in 3Q 2025). Revenue: JP¥18.1b (down 22% from 3Q 2025). Net loss: JP¥2.12b (down 167% from profit in 3Q 2025). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jan 20
Sanken Electric Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Sanken Electric Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Major Estimate Revision • Dec 02
Consensus EPS estimates fall by 305% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥87.1b to JP¥78.8b. Losses expected to increase from JP¥110 per share to JP¥445. Semiconductor industry in Japan expected to see average net income growth of 13% next year. Consensus price target of JP¥7,933 unchanged from last update. Share price rose 5.4% to JP¥5,543 over the past week. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥5,041, the stock trades at a forward P/E ratio of 164x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 27% over the past three years. New Risk • Nov 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 64% 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 Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Reported Earnings • Nov 13
Second quarter 2026 earnings released: JP¥25.71 loss per share (vs JP¥2,099 profit in 2Q 2025) Second quarter 2026 results: JP¥25.71 loss per share (down from JP¥2,099 profit in 2Q 2025). Revenue: JP¥18.8b (down 18% from 2Q 2025). Net loss: JP¥533.0m (down 101% from profit in 2Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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 are forecast to decline by an average of 83% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Nov 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to JP¥7,140. The fair value is estimated to be JP¥9,071, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.7% in 2 years. Earnings are forecast to decline by 90% in the next 2 years. Major Estimate Revision • Oct 17
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥88.7b to JP¥87.1b. Losses expected to increase from JP¥95.54 per share to JP¥110. Semiconductor industry in Japan expected to see average net income growth of 7.4% next year. Consensus price target of JP¥7,933 unchanged from last update. Share price rose 2.7% to JP¥7,241 over the past week. Announcement • Oct 15
Sanken Electric Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Sanken Electric Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Major Estimate Revision • Oct 03
Consensus EPS estimates upgraded to JP¥95.54 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -JP¥133 to -JP¥95.54 per share. Revenue forecast steady at JP¥88.7b. Semiconductor industry in Japan expected to see average net income growth of 6.1% next year. Consensus price target of JP¥7,933 unchanged from last update. Share price fell 2.1% to JP¥7,168 over the past week. Buy Or Sell Opportunity • Sep 26
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.2% to JP¥7,323. The fair value is estimated to be JP¥9,746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 0.9% in 2 years. Earnings are forecast to decline by 90% in the next 2 years. Reported Earnings • Aug 14
First quarter 2026 earnings released: JP¥38.98 loss per share (vs JP¥111 loss in 1Q 2025) First quarter 2026 results: JP¥38.98 loss per share (improved from JP¥111 loss in 1Q 2025). Revenue: JP¥22.2b (down 55% from 1Q 2025). Net loss: JP¥864.0m (loss narrowed 68% from 1Q 2025). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jul 30
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -JP¥119 to -JP¥136 per share. Revenue forecast unchanged at JP¥89.8b. Semiconductor industry in Japan expected to see average net income decline 0.6% next year. Consensus price target down from JP¥7,933 to JP¥7,733. Share price fell 2.6% to JP¥8,617 over the past week. Major Estimate Revision • Jul 19
Consensus EPS estimates upgraded to JP¥29.60 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -JP¥115 to -JP¥29.60 per share. Revenue forecast unchanged from JP¥90.7b at last update. Semiconductor industry in Japan expected to see average net income decline 1.1% next year. Consensus price target of JP¥7,933 unchanged from last update. Share price fell 6.8% to JP¥8,365 over the past week. Announcement • Jul 15
Sanken Electric Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 Sanken Electric Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 Major Estimate Revision • Jun 04
Consensus EPS estimates fall from profit to JP¥115 loss, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥89.0b to JP¥90.7b. Now expected to report loss of -JP¥115 instead of JP¥21.60 per share profit. Semiconductor industry in Japan expected to see average net income decline 0.8% next year. Consensus price target up from JP¥7,767 to JP¥7,933. Share price rose 6.0% to JP¥7,992 over the past week. Reported Earnings • May 18
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥2,119 (up from JP¥336 loss in FY 2024). Revenue: JP¥121.6b (down 48% from FY 2024). Net income: JP¥50.9b (up JP¥59.0b from FY 2024). Profit margin: 42% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to stay flat during the next 3 years compared to a 7.2% growth forecast for the Semiconductor industry in Japan. 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 12% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 16
Consensus EPS estimates increase by 27%, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥93.7b to JP¥89.0b. EPS estimate rose from JP¥116 to JP¥147. Net income forecast to shrink 63% next year vs 0.1% growth forecast for Semiconductor industry in Japan . Consensus price target of JP¥7,767 unchanged from last update. Share price rose 13% to JP¥7,629 over the past week. Announcement • May 14
Sanken Electric Co., Ltd., Annual General Meeting, Jun 27, 2025 Sanken Electric Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥7,254, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 33% over the past three years. Announcement • Apr 12
Sanken Electric Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Sanken Electric Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥6,188, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 41% over the past three years. Announcement • Mar 27
Sanken Electric Co., Ltd. (TSE:6707) agreed to acquire Powdec KK for ¥1.3 billion. Sanken Electric Co., Ltd. (TSE:6707) agreed to acquire Powdec KK for ¥1.3 billion on March 27, 2025. A cash consideration of ¥1.3 billion will be paid by Sanken Electric Co., Ltd. As part of consideration, ¥1.3 billion is paid towards common equity of Powdec KK.
The expected completion of the transaction is April 1, 2025. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥7,641, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,776 per share. New Risk • Mar 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.5% average weekly change). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Mar 03
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to JP¥6,813. The fair value is estimated to be JP¥5,181, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to decline by 8.5% per annum. Earnings are also forecast to decline by 47% per annum over the same time period. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥131 (vs JP¥1.41 in 3Q 2024) Third quarter 2025 results: EPS: JP¥131 (up from JP¥1.41 in 3Q 2024). Revenue: JP¥23.3b (down 60% from 3Q 2024). Net income: JP¥3.17b (up JP¥3.14b from 3Q 2024). Profit margin: 14% (up from 0.1% in 3Q 2024). Revenue is expected to decline by 8.5% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Japan are expected to grow by 8.3%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to JP¥5,661. The fair value is estimated to be JP¥7,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 14% per annum. Earnings are also forecast to decline by 45% per annum over the same time period. Announcement • Jan 17
Sanken Electric Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Sanken Electric Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Announcement • Nov 29
Sanken Electric Co., Ltd. (TSE:6707) announces an Equity Buyback for 6,000,000 shares, representing 24.84% for ¥30,000 million. Sanken Electric Co., Ltd. (TSE:6707) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 24.84% of its issued share capital, for ¥30,000 million worth of its shares. The purpose of the share buyback is to further increase corporate value by enhancing shareholder returns and improving capital efficiency. The shares will be canceled after acquisition. As of September 30, 2024, the company had 24,150,442 shares (excluding treasury stock) in issue and 947,618 shares in treasury. New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 35% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Price Target Changed • Nov 20
Price target decreased by 15% to JP¥7,700 Down from JP¥9,075, the current price target is an average from 4 analysts. New target price is 34% above last closing price of JP¥5,730. Stock is down 23% over the past year. The company is forecast to post earnings per share of JP¥1,807 next year compared to a net loss per share of JP¥336 last year. New Risk • Oct 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 (2.9x net interest cover). Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Sep 23
Sanken Electric Co., Ltd.(TSE:6707) dropped from FTSE All-World Index (USD) Sanken Electric Co., Ltd.(TSE:6707) dropped from FTSE All-World Index (USD) Announcement • Aug 28
Sanken Electric Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024 Sanken Electric Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Announcement • Jul 26
Sanken Electric Announces Sale of Portion of Its Common Shares in Allegro Sanken Electric Co., Ltd. (TSE:6707) (the "Company") announced that it would sell a portion of its common shares (equivalent to approximately 20% of the outstanding shares) in Allegro MicroSystems, Inc. (NasdaqGS:ALGM)("Allegro"), through a share repurchase by Allegro. As a result, Allegro will be excluded as a consolidated subsidiary of the Company and become its equity method affiliate. The proceeds from this sale will be used for (i) distribution to shareholders through the share repurchase, (ii) investments to achieve the profitability improvement, and (iii) reduction of interest-bearing debt to improve financial strength. Due to the impact of the transaction, the Company withdrew the consolidated earnings forecast for the fiscal year ending March 2025 (FY2024) announced on May 10, 2024. Reported Earnings • Jun 26
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: JP¥336 loss per share (down from JP¥395 profit in FY 2023). Revenue: JP¥235.2b (up 4.4% from FY 2023). Net loss: JP¥8.11b (down 185% from profit in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jun 13
Consensus EPS estimates fall from profit to JP¥91.10 loss The consensus outlook for fiscal year 2025 has been updated. Forecast loss of -JP¥91.10 per share in 2025, versus previous forecasts of JP¥88.53 per share. Revenue forecast unchanged from JP¥206.1b at last update. Semiconductor industry in Japan expected to see average net income growth of 21% next year. Consensus price target down from JP¥10,325 to JP¥8,963. Share price rose 11% to JP¥6,593 over the past week. Announcement • Jun 08
Sanken Electric Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Sanken Electric Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 12
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: JP¥336 loss per share (down from JP¥395 profit in FY 2023). Revenue: JP¥235.2b (up 4.4% from FY 2023). Net loss: JP¥8.11b (down 185% from profit in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Sanken Electric Co., Ltd., Annual General Meeting, Jun 21, 2024 Sanken Electric Co., Ltd., Annual General Meeting, Jun 21, 2024. Major Estimate Revision • May 11
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥231.7b to JP¥227.5b. EPS estimate also fell from JP¥182 per share to JP¥141 per share. Net income forecast to shrink 58% next year vs 17% growth forecast for Semiconductor industry in Japan . Consensus price target broadly unchanged at JP¥10,775. Share price fell 2.5% to JP¥6,717 over the past week. Announcement • Mar 27
Sanken Electric Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Sanken Electric Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Price Target Changed • Mar 23
Price target increased by 21% to JP¥10,233 Up from JP¥8,450, the current price target is an average from 3 analysts. New target price is 52% above last closing price of JP¥6,719. Stock is down 37% over the past year. The company is forecast to post earnings per share of JP¥58.00 for next year compared to JP¥395 last year. Major Estimate Revision • Feb 28
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥237.5b to JP¥228.5b. EPS estimate also fell from JP¥261 per share to JP¥211 per share. Net income forecast to shrink 5.2% next year vs 16% growth forecast for Semiconductor industry in Japan . Consensus price target broadly unchanged at JP¥8,350. Share price fell 2.1% to JP¥7,637 over the past week. Buy Or Sell Opportunity • Feb 26
Now 21% undervalued Over the last 90 days, the stock has risen 3.8% to JP¥7,740. The fair value is estimated to be JP¥9,777, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.9% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Buy Or Sell Opportunity • Feb 09
Now 24% undervalued Over the last 90 days, the stock has risen 3.8% to JP¥7,296. The fair value is estimated to be JP¥9,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.9% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥1.41 (vs JP¥145 in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.41 (down from JP¥145 in 3Q 2023). Revenue: JP¥58.3b (up 1.7% from 3Q 2023). Net income: JP¥34.0m (down 99% from 3Q 2023). Profit margin: 0.1% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Feb 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Price Target Changed • Jan 24
Price target decreased by 24% to JP¥8,450 Down from JP¥11,167, the current price target is an average from 2 analysts. New target price is 19% above last closing price of JP¥7,126. Stock is down 1.3% over the past year. The company is forecast to post earnings per share of JP¥261 for next year compared to JP¥395 last year. Major Estimate Revision • Jan 24
Consensus EPS estimates fall by 28% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥360 to JP¥261 per share. Revenue forecast steady at JP¥238.3b. Net income forecast to shrink 30% next year vs 3.9% growth forecast for Semiconductor industry in Japan . Consensus price target of JP¥10,500 unchanged from last update. Share price rose 6.2% to JP¥7,126 over the past week. Announcement • Nov 29
Sanken Electric Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Sanken Electric Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 New Risk • Nov 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Major Estimate Revision • Nov 15
Consensus EPS estimates fall by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥243.0b to JP¥240.3b. EPS estimate also fell from JP¥512 per share to JP¥360 per share. Net income forecast to grow 12% next year vs 0.8% growth forecast for Semiconductor industry in Japan. Consensus price target down from JP¥12,633 to JP¥11,167. Share price rose 8.7% to JP¥7,592 over the past week. Price Target Changed • Nov 15
Price target decreased by 12% to JP¥11,167 Down from JP¥12,633, the current price target is an average from 3 analysts. New target price is 47% above last closing price of JP¥7,592. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥360 for next year compared to JP¥395 last year. Reported Earnings • Nov 08
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: JP¥91.91 (down from JP¥116 in 2Q 2023). Revenue: JP¥61.6b (up 9.4% from 2Q 2023). Net income: JP¥2.22b (down 21% from 2Q 2023). Profit margin: 3.6% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 13
Price target decreased by 9.1% to JP¥12,633 Down from JP¥13,900, the current price target is an average from 3 analysts. New target price is 48% above last closing price of JP¥8,530. Stock is up 83% over the past year. The company is forecast to post earnings per share of JP¥512 for next year compared to JP¥395 last year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 6.2% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥9,470, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 272% over the past three years. Announcement • Aug 27
Sanken Electric Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Sanken Electric Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings: EPS exceeds analyst expectations First quarter 2024 results: EPS: JP¥92.33 (up from JP¥6.51 in 1Q 2023). Revenue: JP¥59.9b (up 21% from 1Q 2023). Net income: JP¥2.23b (up JP¥2.07b from 1Q 2023). Profit margin: 3.7% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥11,650, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 462% over the past three years. Price Target Changed • Jul 21
Price target increased by 11% to JP¥13,900 Up from JP¥12,550, the current price target is an average from 3 analysts. New target price is 5.3% above last closing price of JP¥13,200. Stock is up 162% over the past year. The company is forecast to post earnings per share of JP¥609 for next year compared to JP¥395 last year. New Risk • Jul 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥13,670, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 556% over the past three years. Announcement • May 31
Sanken Electric Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Sanken Electric Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 14
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥395 (up from JP¥133 in FY 2022). Revenue: JP¥225.4b (up 28% from FY 2022). Net income: JP¥9.53b (up 198% from FY 2022). Profit margin: 4.2% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. 
