Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
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We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
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We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>In Q1 FY12/24, revenue was JPY36.5bn (-9.5% YoY), operating profit JPY2.2bn (+15.9% YoY), and recurring profit JPY1.2bn (+7.6% YoY).</li><li>The company revised its full-year forecast to revenue JPY79.8bn (+1.8% YoY) and recurring profit JPY5.0bn (+106.6% YoY).</li><li>The dividend payout ratio changed to 40% of underlying profit, with a minimum dividend of JPY10 per share.</li></ul>

In Q1 FY12/24, revenue was JPY36.5bn (-9.5% YoY), operating profit JPY2.2bn (+15.9% YoY), and recurring profit JPY1.2bn (+7.6% YoY).The company revised its full-year forecast to revenue JPY79.8bn (+1.8% YoY) and recurring profit JPY5.0bn (+106.6% YoY).The dividend payout ratio changed to 40% of underlying profit, with a minimum dividend of JPY10 per share.

Nippon Denko (5563 JP): Initial Report、1H FY12/24 flash update