Announcement • Jun 17
ShinMaywa Industries, Ltd. to Report Q1, 2027 Results on Jul 31, 2026 ShinMaywa Industries, Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥174 (vs JP¥136 in FY 2025) Full year 2026 results: EPS: JP¥174 (up from JP¥136 in FY 2025). Revenue: JP¥285.0b (up 7.0% from FY 2025). Net income: JP¥11.5b (up 28% from FY 2025). Profit margin: 4.0% (up from 3.4% 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 14% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
ShinMaywa Industries, Ltd., Annual General Meeting, Jun 25, 2026 ShinMaywa Industries, Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 01
ShinMaywa Industries, Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 ShinMaywa Industries, Ltd. announced that they will report fiscal year 2026 results on May 08, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,592, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 171% over the past three years. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥53.67 (vs JP¥26.53 in 3Q 2025) Third quarter 2026 results: EPS: JP¥53.67 (up from JP¥26.53 in 3Q 2025). Revenue: JP¥72.8b (up 15% from 3Q 2025). Net income: JP¥3.55b (up 102% from 3Q 2025). Profit margin: 4.9% (up from 2.8% 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 12% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 10
ShinMaywa Industries, Ltd. to Report Q3, 2026 Results on Feb 03, 2026 ShinMaywa Industries, Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026 Declared Dividend • Dec 02
First half dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥28.50 (vs JP¥25.29 in 2Q 2025) Second quarter 2026 results: EPS: JP¥28.50 (up from JP¥25.29 in 2Q 2025). Revenue: JP¥65.3b (down 2.0% from 2Q 2025). Net income: JP¥1.89b (up 13% from 2Q 2025). Profit margin: 2.9% (up from 2.5% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 03
ShinMaywa Industries, Ltd. to Report Q2, 2026 Results on Oct 31, 2025 ShinMaywa Industries, Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥13.68 (vs JP¥22.86 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.68 (down from JP¥22.86 in 1Q 2025). Revenue: JP¥57.7b (flat on 1Q 2025). Net income: JP¥904.0m (down 40% from 1Q 2025). Profit margin: 1.6% (down from 2.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥136 (vs JP¥110 in FY 2024) Full year 2025 results: EPS: JP¥136 (up from JP¥110 in FY 2024). Revenue: JP¥266.4b (up 3.6% from FY 2024). Net income: JP¥8.96b (up 23% from FY 2024). Profit margin: 3.4% (up from 2.8% 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 9% per year whereas the company’s share price has increased by 14% per year. Announcement • Jun 20
ShinMaywa Industries, Ltd. to Report Q1, 2026 Results on Jul 31, 2025 ShinMaywa Industries, Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 08
Full year 2025 earnings released: EPS: JP¥136 (vs JP¥110 in FY 2024) Full year 2025 results: EPS: JP¥136 (up from JP¥110 in FY 2024). Revenue: JP¥266.4b (up 3.6% from FY 2024). Net income: JP¥8.96b (up 23% from FY 2024). Profit margin: 3.4% (up from 2.8% 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 9% per year whereas the company’s share price has increased by 12% per year. Announcement • May 07
ShinMaywa Industries, Ltd., Annual General Meeting, Jun 24, 2025 ShinMaywa Industries, Ltd., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,146, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 45% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 11
ShinMaywa Industries, Ltd. to Report Fiscal Year 2025 Results on May 07, 2025 ShinMaywa Industries, Ltd. announced that they will report fiscal year 2025 results on May 07, 2025 Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: JP¥26.53 (vs JP¥10.16 in 3Q 2024) Third quarter 2025 results: EPS: JP¥26.53 (up from JP¥10.16 in 3Q 2024). Revenue: JP¥63.2b (up 3.3% from 3Q 2024). Net income: JP¥1.75b (up 162% from 3Q 2024). Profit margin: 2.8% (up from 1.1% 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 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 18
ShinMaywa Industries, Ltd. to Report Q3, 2025 Results on Feb 04, 2025 ShinMaywa Industries, Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025 Declared Dividend • Dec 03
First half dividend increased to JP¥25.00 Dividend of JP¥25.00 is 2.0% higher than last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥25.29 (vs JP¥35.28 in 2Q 2024) Second quarter 2025 results: EPS: JP¥25.29 (down from JP¥35.28 in 2Q 2024). Revenue: JP¥66.6b (up 4.0% from 2Q 2024). Net income: JP¥1.67b (down 28% from 2Q 2024). Profit margin: 2.5% (down from 3.6% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Announcement • Sep 03
ShinMaywa Industries, Ltd. to Report Q2, 2025 Results on Oct 31, 2024 ShinMaywa Industries, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: JP¥22.86 (vs JP¥9.82 in 1Q 2024) First quarter 2025 results: EPS: JP¥22.86 (up from JP¥9.82 in 1Q 2024). Revenue: JP¥57.4b (up 9.6% from 1Q 2024). Net income: JP¥1.51b (up 133% from 1Q 2024). Profit margin: 2.6% (up from 1.2% 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 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 09
ShinMaywa Industries, Ltd., Annual General Meeting, Jun 25, 2024 ShinMaywa Industries, Ltd., Annual General Meeting, Jun 25, 2024. Reported Earnings • May 08
Full year 2024 earnings released: EPS: JP¥110 (vs JP¥111 in FY 2023) Full year 2024 results: EPS: JP¥110 (down from JP¥111 in FY 2023). Revenue: JP¥257.1b (up 14% from FY 2023). Net income: JP¥7.28b (flat on FY 2023). Profit margin: 2.8% (down from 3.2% in FY 2023). The decrease in margin was driven by higher expenses. 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 10% per year. Announcement • Mar 28
ShinMaywa Industries, Ltd. to Report Fiscal Year 2024 Results on May 07, 2024 ShinMaywa Industries, Ltd. announced that they will report fiscal year 2024 results on May 07, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥10.16 (vs JP¥24.82 in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.16 (down from JP¥24.82 in 3Q 2023). Revenue: JP¥61.2b (up 8.2% from 3Q 2023). Net income: JP¥670.0m (down 59% from 3Q 2023). Profit margin: 1.1% (down from 2.9% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 8% per year. Announcement • Dec 28
ShinMaywa Industries, Ltd. to Report Q3, 2024 Results on Feb 02, 2024 ShinMaywa Industries, Ltd. announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥35.28 (vs JP¥35.80 in 2Q 2023) Second quarter 2024 results: EPS: JP¥35.28 (down from JP¥35.80 in 2Q 2023). Revenue: JP¥64.1b (up 13% from 2Q 2023). Net income: JP¥2.33b (down 1.4% from 2Q 2023). Profit margin: 3.6% (down from 4.2% in 2Q 2023). 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 but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥22.50 per share at 3.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Aug 31
ShinMaywa Industries, Ltd. to Report Q2, 2024 Results on Oct 31, 2023 ShinMaywa Industries, Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 New Risk • Aug 03
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (194% cash payout ratio). Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: JP¥9.82 (vs JP¥7.78 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.82 (up from JP¥7.78 in 1Q 2023). Revenue: JP¥52.4b (up 11% from 1Q 2023). Net income: JP¥647.0m (up 26% from 1Q 2023). Profit margin: 1.2% (up from 1.1% 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 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 22
ShinMaywa Industries, Ltd. to Report Q1, 2024 Results on Aug 01, 2023 ShinMaywa Industries, Ltd. announced that they will report Q1, 2024 results on Aug 01, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥111 (vs JP¥105 in FY 2022) Full year 2023 results: EPS: JP¥111 (up from JP¥105 in FY 2022). Revenue: JP¥225.2b (up 3.9% from FY 2022). Net income: JP¥7.31b (up 5.9% from FY 2022). Profit margin: 3.2% (in line with FY 2022). 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 6% per year. Announcement • May 10
ShinMaywa Industries, Ltd., Annual General Meeting, Jun 27, 2023 ShinMaywa Industries, Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 03
Third quarter 2023 earnings released: EPS: JP¥24.82 (vs JP¥30.93 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.82 (down from JP¥30.93 in 3Q 2022). Revenue: JP¥56.5b (up 4.1% from 3Q 2022). Net income: JP¥1.64b (down 20% from 3Q 2022). Profit margin: 2.9% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 02
ShinMaywa Industries, Ltd. to Report Q3, 2023 Results on Feb 02, 2023 ShinMaywa Industries, Ltd. announced that they will report Q3, 2023 results on Feb 02, 2023 Board Change • Nov 16
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. 8 non-independent directors. Independent Outside Director Toshiyuki Umehara was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 11
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥88.00 to JP¥71.30 per share. Revenue forecast steady at JP¥222.0b. Net income forecast to shrink 14% next year vs 12% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥1,100. Share price rose 2.4% to JP¥1,041 over the past week. Reported Earnings • Nov 02
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: JP¥35.80 (down from JP¥37.81 in 2Q 2022). Revenue: JP¥56.7b (up 5.5% from 2Q 2022). Net income: JP¥2.36b (down 5.2% from 2Q 2022). Profit margin: 4.2% (down from 4.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Aug 31
ShinMaywa Industries, Ltd. to Report Q2, 2023 Results on Oct 31, 2022 ShinMaywa Industries, Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥7.78 (vs JP¥13.28 in 1Q 2022) First quarter 2023 results: EPS: JP¥7.78 (down from JP¥13.28 in 1Q 2022). Revenue: JP¥47.3b (up 1.7% from 1Q 2022). Net income: JP¥512.0m (down 41% from 1Q 2022). Profit margin: 1.1% (down from 1.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jul 14
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥219.0b to JP¥228.0b. EPS estimate increased from JP¥82.00 to JP¥91.10 per share. Net income forecast to shrink 13% next year vs 7.9% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥1,080. Share price was steady at JP¥1,057 over the past week. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,139, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Machinery industry in Japan. Total loss to shareholders of 2.0% over the past three years. Announcement • Jun 03
ShinMaywa Industries, Ltd. to Report Q1, 2023 Results on Jul 29, 2022 ShinMaywa Industries, Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Announcement • May 20
ShinMaywa Industries, Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023 ShinMaywa Industries, Ltd. provided earnings guidance for the fiscal year ending March 31, 2023. For the year the company sales are expected to increase in all segments except special purpose trucks, and overall sales are projected to increase by JPY 8.1 billion year over year to JPY 225 billion. With regard to profit, however, operating profit is expected to decrease by JPY 1.5 billion to JPY 9 billion, due to a significant decrease in the special purpose trucks segment, caused by factors such as the high price of steel. Reported Earnings • May 11
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥105 (up from JP¥83.46 in FY 2021). Revenue: JP¥216.8b (up 3.6% from FY 2021). Net income: JP¥6.91b (up 26% from FY 2021). Profit margin: 3.2% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 1.0%, compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 10
ShinMaywa Industries, Ltd., Annual General Meeting, Jun 24, 2022 ShinMaywa Industries, Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Outside Director Yoshifumi Kanda was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Major Estimate Revision • Apr 13
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥216.5b to JP¥208.2b. EPS estimate also fell from JP¥94.30 per share to JP¥82.00 per share. Net income forecast to shrink 24% next year vs 9.5% growth forecast for Machinery industry in Japan . Consensus price target down from JP¥1,100 to JP¥1,070. Share price was steady at JP¥883 over the past week. Announcement • Mar 29
ShinMaywa Industries, Ltd. to Report Fiscal Year 2022 Results on May 09, 2022 ShinMaywa Industries, Ltd. announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 04
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥30.93 (up from JP¥25.65 in 3Q 2021). Revenue: JP¥54.3b (up 1.9% from 3Q 2021). Net income: JP¥2.04b (up 21% from 3Q 2021). Profit margin: 3.7% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates by 268%. Over the next year, revenue is forecast to grow 3.9%, compared to a 8.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥37.81 (vs JP¥23.06 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥53.8b (up 9.8% from 2Q 2021). Net income: JP¥2.49b (up 64% from 2Q 2021). Profit margin: 4.6% (up from 3.1% in 2Q 2021). The increase in margin was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥13.28 (vs JP¥8.99 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥46.5b (up 3.8% from 1Q 2021). Net income: JP¥873.0m (up 48% from 1Q 2021). Profit margin: 1.9% (up from 1.3% in 1Q 2021). The increase in margin was driven by higher revenue. 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 11% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥83.46 (vs JP¥113 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥209.2b (down 7.9% from FY 2020). Net income: JP¥5.49b (down 26% from FY 2020). Profit margin: 2.6% (down from 3.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥83.46 (vs JP¥113 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥209.2b (down 7.9% from FY 2020). Net income: JP¥5.49b (down 26% from FY 2020). Profit margin: 2.6% (down from 3.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 12
ShinMaywa Industries, Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 ShinMaywa Industries, Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Feb 25
New 90-day high: JP¥973 The company is up 15% from its price of JP¥843 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥959 The company is up 15% from its price of JP¥832 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 19% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥25.65 (vs JP¥20.60 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥53.3b (down 1.1% from 3Q 2020). Net income: JP¥1.69b (up 26% from 3Q 2020). Profit margin: 3.2% (up from 2.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Feb 02
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 16%. Over the next year, revenue is expected to shrink by 2.4% compared to a 7.4% growth forecast for the Machinery industry in Japan. Announcement • Dec 11
ShinMaywa Industries, Ltd. to Report Q3, 2021 Results on Jan 29, 2021 ShinMaywa Industries, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Price Target Changed • Dec 01
Price target lowered to JP¥1,010 Down from JP¥1,130, the current price target is an average from 2 analysts. The new target price is 21% above the current share price of JP¥833. As of last close, the stock is down 43% over the past year. Announcement • Aug 30
ShinMaywa Industries, Ltd. to Report Q2, 2021 Results on Oct 30, 2020 ShinMaywa Industries, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 Announcement • Aug 19
ShinMaywa Industries, Ltd. (TSE:7224) acquired 75% stake in BENCHING ENGINEERING PTE.LTD and MKB ENGINEERING SDN.BHD from 3 individuals(representative and company officer). ShinMaywa Industries, Ltd. (TSE:7224) acquired 75% stake in BENCHING ENGINEERING PTE.LTD and MKB ENGINEERING SDN.BHD from 3 individuals(representative and company officer) on August 17, 2020. Post completion, ShinMaywa Industries, Ltd. holds 75% stake in BENCHING ENGINEERING PTE.LTD and MKB ENGINEERING SDN.BHD and 3 individuals holds 25% stake.
ShinMaywa Industries, Ltd. (TSE:7224) completed the acquisition of 75% stake in BENCHING ENGINEERING PTE.LTD and MKB ENGINEERING SDN.BHD from 3 individuals(representative and company officer) on August 17, 2020. 