Announcement • Jun 03
Tsubakimoto Kogyo Co., Ltd. to Report Q1, 2027 Results on Jul 31, 2026 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 New Risk • May 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥273 (vs JP¥252 in FY 2025) Full year 2026 results: EPS: JP¥273 (up from JP¥252 in FY 2025). Revenue: JP¥131.0b (up 5.4% from FY 2025). Net income: JP¥5.02b (up 7.1% from FY 2025). Profit margin: 3.8% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 09
Tsubakimoto Kogyo Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 Tsubakimoto Kogyo Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026 Announcement • May 08
Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 26, 2026 Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥53.51 (vs JP¥71.79 in 3Q 2025) Third quarter 2026 results: EPS: JP¥53.51 (down from JP¥71.79 in 3Q 2025). Revenue: JP¥30.1b (down 5.6% from 3Q 2025). Net income: JP¥983.0m (down 26% from 3Q 2025). Profit margin: 3.3% (down from 4.2% in 3Q 2025). The decrease in margin was driven by lower 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 28% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 03
First half dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 02
Tsubakimoto Kogyo Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥60.27 (vs JP¥70.22 in 2Q 2025) Second quarter 2026 results: EPS: JP¥60.27 (down from JP¥70.22 in 2Q 2025). Revenue: JP¥34.3b (up 7.0% from 2Q 2025). Net income: JP¥1.11b (down 16% from 2Q 2025). Profit margin: 3.2% (down from 4.1% 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 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 01
Now 22% undervalued Over the last 90 days, the stock has risen 12% to JP¥2,700. The fair value is estimated to be JP¥3,454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 12%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.9%). Announcement • Sep 02
Tsubakimoto Kogyo Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Buy Or Sell Opportunity • Aug 21
Now 21% undervalued Over the last 90 days, the stock has risen 22% to JP¥2,727. The fair value is estimated to be JP¥3,454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 12%. Reported Earnings • Jul 27
First quarter 2026 earnings released: EPS: JP¥65.63 (vs JP¥30.23 in 1Q 2025) First quarter 2026 results: EPS: JP¥65.63 (up from JP¥30.23 in 1Q 2025). Revenue: JP¥30.5b (up 24% from 1Q 2025). Net income: JP¥1.21b (up 112% from 1Q 2025). Profit margin: 4.0% (up from 2.3% in 1Q 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 28% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend increased to JP¥20.00 Dividend of JP¥20.00 is 33% higher than last year. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 04
Tsubakimoto Kogyo Co., Ltd. to Report Q1, 2026 Results on Jul 25, 2025 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q1, 2026 results on Jul 25, 2025 Reported Earnings • May 09
Full year 2025 earnings released: EPS: JP¥252 (vs JP¥213 in FY 2024) Full year 2025 results: EPS: JP¥252 (up from JP¥213 in FY 2024). Revenue: JP¥124.3b (up 9.5% from FY 2024). Net income: JP¥4.69b (up 17% from FY 2024). Profit margin: 3.8% (up from 3.5% 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 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2025 Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Announcement • Mar 01
Tsubakimoto Kogyo Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025 Tsubakimoto Kogyo Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥71.79 (vs JP¥51.27 in 3Q 2024) Third quarter 2025 results: EPS: JP¥71.79 (up from JP¥51.27 in 3Q 2024). Revenue: JP¥31.9b (up 17% from 3Q 2024). Net income: JP¥1.33b (up 38% from 3Q 2024). Profit margin: 4.2% (up from 3.5% 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 10% per year whereas the company’s share price has increased by 13% per year. New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Announcement • Dec 10
Tsubakimoto Kogyo Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 06
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.3% EPS decline seen over the last 5 years. Announcement • Nov 28
Tsubakimoto Kogyo Co., Ltd. (TSE:8052) announces an Equity Buyback for 450,000 shares, representing 2.39% for ¥843.75 million. Tsubakimoto Kogyo Co., Ltd. (TSE:8052) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 2.39% of its share capital, at ¥1,875 per share for ¥843.75 million. The company will repurchase its shares in order to enable shareholder returns and improve capital efficiency, as well as to implement flexible and agile capital policies. As of September 30, 2024, the company had 18,810,384 shares outstanding (excluding treasury shares) and 683,523 shares in treasury. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥70.22 (vs JP¥48.74 in 2Q 2024) Second quarter 2025 results: EPS: JP¥70.22 (up from JP¥48.74 in 2Q 2024). Revenue: JP¥32.1b (up 7.7% from 2Q 2024). Net income: JP¥1.32b (up 44% from 2Q 2024). Profit margin: 4.1% (up from 3.1% 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 10% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%). Announcement • Aug 28
Tsubakimoto Kogyo Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥30.23 (vs JP¥53.80 in 1Q 2024) First quarter 2025 results: EPS: JP¥30.23 (down from JP¥53.80 in 1Q 2024). Revenue: JP¥24.5b (down 6.1% from 1Q 2024). Net income: JP¥568.0m (down 44% from 1Q 2024). Profit margin: 2.3% (down from 3.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Jul 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Declared Dividend • Jul 11
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 7.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. New Risk • Jun 19
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 5.5% 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 have declined by 0.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Announcement • Jun 14
Tsubakimoto Kogyo Co., Ltd. to Report Q1, 2025 Results on Jul 26, 2024 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q1, 2025 results on Jul 26, 2024 Announcement • May 10
Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2024 Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 27, 2024. Reported Earnings • May 09
Full year 2024 earnings released: EPS: JP¥639 (vs JP¥195 in FY 2023) Full year 2024 results: EPS: JP¥639 (up from JP¥195 in FY 2023). Revenue: JP¥113.5b (up 5.1% from FY 2023). Net income: JP¥4.00b (up 9.1% from FY 2023). Profit margin: 3.5% (up from 3.4% 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 38% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥120 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%). Announcement • Mar 02
Tsubakimoto Kogyo Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024 Tsubakimoto Kogyo Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥154 (vs JP¥157 in 3Q 2023) Third quarter 2024 results: EPS: JP¥154 (down from JP¥157 in 3Q 2023). Revenue: JP¥27.2b (up 1.3% from 3Q 2023). Net income: JP¥963.0m (down 2.0% from 3Q 2023). Profit margin: 3.5% (down from 3.7% 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 16% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 29
Tsubakimoto Kogyo Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥146 (vs JP¥157 in 2Q 2023) Second quarter 2024 results: EPS: JP¥146 (down from JP¥157 in 2Q 2023). Revenue: JP¥29.8b (up 3.1% from 2Q 2023). Net income: JP¥916.0m (down 6.5% from 2Q 2023). Profit margin: 3.1% (down from 3.4% 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 15% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥30.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.8%). Announcement • Aug 30
Tsubakimoto Kogyo Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥161 (vs JP¥107 in 1Q 2023) First quarter 2024 results: EPS: JP¥161 (up from JP¥107 in 1Q 2023). Revenue: JP¥26.1b (up 14% from 1Q 2023). Net income: JP¥1.01b (up 51% from 1Q 2023). Profit margin: 3.9% (up from 2.9% 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 12% per year whereas the company’s share price has increased by 16% per year. Announcement • Jun 01
Tsubakimoto Kogyo Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥585 (vs JP¥507 in FY 2022) Full year 2023 results: EPS: JP¥585 (up from JP¥507 in FY 2022). Revenue: JP¥108.0b (up 11% from FY 2022). Net income: JP¥3.67b (up 15% from FY 2022). Profit margin: 3.4% (up from 3.3% 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 5% per year whereas the company’s share price has increased by 7% per year. Announcement • May 09
Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 29, 2023 Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥100.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 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%). Lower than average of industry peers (3.8%). Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: JP¥157 (vs JP¥102 in 3Q 2022) Third quarter 2023 results: EPS: JP¥157 (up from JP¥102 in 3Q 2022). Revenue: JP¥26.9b (up 22% from 3Q 2022). Net income: JP¥983.0m (up 54% from 3Q 2022). Profit margin: 3.7% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Announcement • Dec 01
Tsubakimoto Kogyo Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥157 (vs JP¥113 in 2Q 2022) Second quarter 2023 results: EPS: JP¥157 (up from JP¥113 in 2Q 2022). Revenue: JP¥28.9b (up 24% from 2Q 2022). Net income: JP¥980.0m (up 38% from 2Q 2022). Profit margin: 3.4% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Yumiko Yasuhara was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥156 (vs JP¥113 in 2Q 2022) Second quarter 2023 results: EPS: JP¥156 (up from JP¥113 in 2Q 2022). Revenue: JP¥28.9b (up 24% from 2Q 2022). Net income: JP¥980.0m (up 38% from 2Q 2022). Profit margin: 3.4% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%). Announcement • Sep 01
Tsubakimoto Kogyo Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥107 (vs JP¥103 in 1Q 2022) First quarter 2023 results: EPS: JP¥107 (up from JP¥103 in 1Q 2022). Revenue: JP¥22.8b (up 8.5% from 1Q 2022). Net income: JP¥669.0m (up 3.4% from 1Q 2022). Profit margin: 2.9% (down from 3.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 02
Tsubakimoto Kogyo Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥507 (vs JP¥437 in FY 2021) Full year 2022 results: EPS: JP¥507 (up from JP¥437 in FY 2021). Revenue: JP¥96.9b (up 8.1% from FY 2021). Net income: JP¥3.18b (up 16% from FY 2021). Profit margin: 3.3% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 07
Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 29, 2022 Tsubakimoto Kogyo Co., Ltd., Annual General Meeting, Jun 29, 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. 7 experienced directors. 5 highly experienced directors. No independent directors (8 non-independent directors). Full-Time External Auditor Masaya Ushida was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Tsubakimoto Kogyo Co., Ltd. to Report Fiscal Year 2022 Results on May 09, 2022 Tsubakimoto Kogyo Co., Ltd. announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.4%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥102 (up from JP¥101 in 3Q 2021). Revenue: JP¥22.1b (up 3.6% from 3Q 2021). Net income: JP¥637.0m (up 1.1% from 3Q 2021). Profit margin: 2.9% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥113 (vs JP¥130 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥23.3b (down 4.8% from 2Q 2021). Net income: JP¥708.0m (down 13% from 2Q 2021). Profit margin: 3.0% (down from 3.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (3.4%). Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS JP¥103 (vs JP¥70.77 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥21.0b (up 9.4% from 1Q 2021). Net income: JP¥647.0m (up 46% from 1Q 2021). Profit margin: 3.1% (up from 2.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥437 (vs JP¥597 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥89.6b (down 15% from FY 2020). Net income: JP¥2.74b (down 27% from FY 2020). Profit margin: 3.1% (down from 3.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Announcement • May 08
Tsubakimoto Kogyo Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2022 Tsubakimoto Kogyo Co., Ltd. provided consolidated earnings guidance for the half year and full year ending March 31, 2022. For the year, the company expects net sales of JPY 92,000 million. Operating profit was JPY 3,500 million. Net income was JPY 2,550 million. Basic earnings per share of JPY 407.32.
For the half year, the company expects net sales of JPY 44,500 million. Operating profit was JPY 1,580 million. Net income was JPY 1,270 million. Basic earnings per share of JPY 202.86. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (3.0%). Announcement • Mar 04
Tsubakimoto Kogyo Co., Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Tsubakimoto Kogyo Co., Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥101 (vs JP¥154 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥21.3b (down 5.1% from 3Q 2020). Net income: JP¥630.0m (down 35% from 3Q 2020). Profit margin: 3.0% (down from 4.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Is New 90 Day High Low • Dec 14
New 90-day high: JP¥3,990 The company is up 14% from its price of JP¥3,505 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 3.0% over the same period. Announcement • Dec 05
Tsubakimoto Kogyo Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Announcement • Sep 21
Tsubakimoto Kogyo Co., Ltd.(TSE:8052) dropped from S&P Global BMI Index Tsubakimoto Kogyo Co., Ltd.(TSE:8052) dropped from S&P Global BMI Index Announcement • Sep 04
Tsubakimoto Kogyo Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Tsubakimoto Kogyo Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020