Chiyoda: JPY2.5trn in Potential Orders, JPY220bn in Market Cap and a SPERActacular Future

Chiyoda Corp (6366) Some Short Term Concerns Could Prove a Opportunity to Buy for Longer Term.

Chiyoda: Massive Loss from Cameron Sends Stock Limit Down

Chiyoda: Increasing Capex in LNG and GP Margin Expansion Could Drive Earnings

Chiyoda: Return to Profitability, Potential for Orders Rising

Equity Analyst, LightStream Research

Nuzran Sahib

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

Revenue, GP Margin Down, But New Orders Up<a href="https://www.smartkarma.com/entities/6232" target="_blank" data-smartkarma-citation="entities:6232:1">Chiyoda Corp (6366 JP)</a> reported its earnings for 1Q FY03/19 yesterday (8th August) at noon following which the share price tumbled as much as 9% intraday to close at JPY846, 1.4% down from the previous day. Chiyoda reported its revenue for 1Q FY03/19 of JPY93.6bn, a decrease of 20.6% YoY compared to 1Q FY03/18. The reported revenue for the period was 21.4% lower than the consensus estimates of JPY119bn for 1Q FY03/19. The revenue mainly declined due to…

Revenue, GP Margin Down, But New Orders UpChiyoda Corp (6366 JP) reported its earnings for 1Q FY03/19 yesterday (8th August) at noon following which the share price tumbled as much as 9% intraday to close at JPY846, 1.4% down from the previous day. Chiyoda reported its revenue for 1Q FY03/19 of JPY93.6bn, a decrease of 20.6% YoY compared to 1Q FY03/18. The reported revenue for the period was 21.4% lower than the consensus estimates of JPY119bn for 1Q FY03/19. The revenue mainly declined due to…

Chiyoda: 1Q Profitability Hurt by Cameron but We Focus on New Contracts