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Juki

TSE:6440
Snowflake Description

Undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6440
TSE
¥15B
Market Cap
  1. Home
  2. JP
  3. Capital Goods
Company description

Juki Corporation manufactures and sells industrial sewing machines, surface mount technology (SMT) systems, and household sewing machines in Japan and internationally. The last earnings update was 52 days ago. More info.


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  • Juki has significant price volatility in the past 3 months.
6440 Share Price and Events
7 Day Returns
-10.4%
TSE:6440
-10.6%
JP Machinery
-8.9%
JP Market
1 Year Returns
-59.8%
TSE:6440
-27.8%
JP Machinery
-17.9%
JP Market
6440 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Juki (6440) -10.4% -23% -42.4% -59.8% -58.6% -71.7%
JP Machinery -10.6% -15.4% -29.3% -27.8% -23.3% -29.8%
JP Market -8.9% -12.1% -22.9% -17.9% -10.5% -14%
1 Year Return vs Industry and Market
  • 6440 underperformed the Machinery industry which returned -27.8% over the past year.
  • 6440 underperformed the Market in Japan which returned -17.9% over the past year.
Price Volatility
6440
Industry
5yr Volatility vs Market

6440 Value

 Is Juki undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Juki to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Juki.

TSE:6440 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year JP Government Bond Rate -0.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSE:6440
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Machinery Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.963 (1 + (1- 30.86%) (359.66%))
2.58
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (2 * 6.33%)
12.57%

Discounted Cash Flow Calculation for TSE:6440 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Juki is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSE:6440 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 12.57%)
2020 1,219.00 Analyst x1 1,082.88
2021 5,030.00 Analyst x1 3,969.38
2022 1,245.00 Analyst x1 872.77
2023 3,105.00 Analyst x1 1,933.62
2024 3,735.00 Analyst x1 2,066.22
2025 3,572.87 Est @ -4.34% 1,755.83
2026 3,463.35 Est @ -3.07% 1,511.95
2027 3,388.09 Est @ -2.17% 1,313.94
2028 3,335.65 Est @ -1.55% 1,149.15
2029 3,298.60 Est @ -1.11% 1,009.49
Present value of next 10 years cash flows ¥16,665.00
TSE:6440 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥3,298.60 × (1 + -0.09%) ÷ (12.57% – -0.09%)
¥26,031.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥26,031.84 ÷ (1 + 12.57%)10
¥7,966.70
TSE:6440 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥16,665.00 + ¥7,966.70
¥24,631.70
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥24,631.70 / 29.30
¥840.8
TSE:6440 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥840.80
Current discount Discount to share price of ¥508.00
= -1 x (¥508.00 - ¥840.80) / ¥840.80
39.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Juki is available for.
Intrinsic value
40%
Share price is ¥508 vs Future cash flow value of ¥840.8
Current Discount Checks
For Juki to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Juki's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Juki's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Juki's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Juki's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:6440 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥60.18
TSE:6440 Share Price ** TSE (2020-04-03) in JPY ¥508
Japan Machinery Industry PE Ratio Median Figure of 224 Publicly-Listed Machinery Companies 8.97x
Japan Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 11.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Juki.

TSE:6440 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6440 Share Price ÷ EPS (both in JPY)

= 508 ÷ 60.18

8.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juki is good value based on earnings compared to the JP Machinery industry average.
  • Juki is good value based on earnings compared to the Japan market.
Price based on expected Growth
Does Juki's expected growth come at a high price?
Raw Data
TSE:6440 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
31.5%per year
Japan Machinery Industry PEG Ratio Median Figure of 109 Publicly-Listed Machinery Companies 0.97x
Japan Market PEG Ratio Median Figure of 1,282 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

TSE:6440 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.44x ÷ 31.5%

0.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juki is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Juki's assets?
Raw Data
TSE:6440 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥1,264.26
TSE:6440 Share Price * TSE (2020-04-03) in JPY ¥508
Japan Machinery Industry PB Ratio Median Figure of 245 Publicly-Listed Machinery Companies 0.6x
Japan Market PB Ratio Median Figure of 3,576 Publicly-Listed Companies 0.8x
TSE:6440 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6440 Share Price ÷ Book Value per Share (both in JPY)

= 508 ÷ 1,264.26

0.4x

* Primary Listing of Juki.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juki is good value based on assets compared to the JP Machinery industry average.
X
Value checks
We assess Juki's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Juki has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6440 Future Performance

 How is Juki expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Juki expected to grow at an attractive rate?
  • Juki's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
  • Juki's earnings growth is expected to exceed the Japan market average.
  • Juki's revenue growth is expected to exceed the Japan market average.
Annual Growth Rates Comparison
Raw Data
TSE:6440 Future Growth Rates Data Sources
Data Point Source Value (per year)
TSE:6440 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 31.5%
TSE:6440 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 5.8%
Japan Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Japan Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.1%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSE:6440 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:6440 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 116,800 4,800 4,600 1
2021-12-31 110,500 8,300 3,800 1
2020-12-31 101,600 4,124 2,400 1
2020-04-04
TSE:6440 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 99,169 3,054 1,763
2019-09-30 104,785 4,678
2019-06-30 110,714 946 6,134
2019-03-31 112,167 6,899
2018-12-31 112,064 2,682 6,640
2018-09-30 111,134 5,516
2018-06-30 108,505 6,725 5,180
2018-03-31 105,592 4,583
2017-12-31 103,659 10,488 5,642
2017-09-30 98,669 5,544
2017-06-30 95,122 7,653 4,519
2017-03-31 95,531 2,760

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Juki's earnings are expected to grow significantly at over 20% yearly.
  • Juki's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSE:6440 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Juki Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6440 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 112.60 112.60 112.60 1.00
2020-12-31 71.70 71.70 71.70 1.00
2020-04-04
TSE:6440 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 60.18
2019-09-30 159.68
2019-06-30 209.38
2019-03-31 235.49
2018-12-31 226.65
2018-09-30 188.28
2018-06-30 176.81
2018-03-31 156.43
2017-12-31 192.58
2017-09-30 189.21
2017-06-30 154.19
2017-03-31 94.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Juki will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Juki's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Juki has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6440 Past Performance

  How has Juki performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Juki's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Juki's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Juki's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Juki's 1-year earnings growth is negative, it can't be compared to the JP Machinery industry average.
Earnings and Revenue History
Juki's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Juki Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6440 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 99,169.00 1,763.00 24,951.00
2019-09-30 104,785.00 4,678.00 24,120.00
2019-06-30 110,714.00 6,134.00 24,155.00
2019-03-31 112,167.00 6,899.00 23,974.00
2018-12-31 112,064.00 6,640.00 23,646.00
2018-09-30 111,134.00 5,516.00 23,640.00
2018-06-30 108,505.00 5,180.00 23,151.00
2018-03-31 105,592.00 4,583.00 23,031.00
2017-12-31 103,659.00 5,642.00 22,673.00
2017-09-30 98,669.00 5,544.00 22,617.00
2017-06-30 95,122.00 4,519.00 22,779.00
2017-03-31 95,531.00 2,760.00 23,135.00
2016-12-31 97,724.00 1,883.00 23,808.00
2016-09-30 102,933.00 1,064.00 24,364.00
2016-06-30 106,487.00 902.00 25,182.00
2016-03-31 110,639.00 3,484.00 25,890.00
2015-12-31 112,865.00 3,853.00 26,249.00
2015-09-30 114,046.00 4,743.00 26,236.00
2015-06-30 114,216.00 6,209.00 25,924.00
2015-03-31 110,516.00 5,964.00 25,111.00
2014-12-31 107,581.00 6,058.00 23,995.00
2014-09-30 101,610.00 7,074.00 22,841.00
2014-06-30 98,197.00 6,943.00 21,582.00
2014-03-31 96,962.00 6,247.00 20,409.00
2013-12-31 94,385.00 3,006.00 19,944.00
2013-09-30 90,136.00 -1,113.00 19,503.00
2013-06-30 84,261.00 -8,512.00 19,345.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Juki has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Juki used its assets less efficiently than the JP Machinery industry average last year based on Return on Assets.
  • Juki's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Juki's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Juki has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6440 Health

 How is Juki's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Juki's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Juki is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Juki's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Juki's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Juki Company Filings, last reported 3 months ago.

TSE:6440 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 37,751.00 53,138.00 5,987.00
2019-09-30 36,828.00 51,820.00 5,542.00
2019-06-30 37,034.00 54,752.00 8,236.00
2019-03-31 37,253.00 54,725.00 7,314.00
2018-12-31 37,241.00 52,245.00 7,324.00
2018-09-30 35,373.00 50,927.00 6,602.00
2018-06-30 33,284.00 51,037.00 6,983.00
2018-03-31 31,646.00 53,394.00 7,015.00
2017-12-31 33,343.00 50,380.00 6,407.00
2017-09-30 30,911.00 53,625.00 7,518.00
2017-06-30 29,014.00 56,095.00 8,947.00
2017-03-31 27,930.00 59,112.00 9,670.00
2016-12-31 27,582.00 59,852.00 8,048.00
2016-09-30 23,388.00 58,909.00 8,653.00
2016-06-30 23,256.00 59,529.00 7,931.00
2016-03-31 26,388.00 65,143.00 8,933.00
2015-12-31 28,478.00 67,082.00 7,906.00
2015-09-30 27,895.00 68,705.00 9,073.00
2015-06-30 28,728.00 72,338.00 9,868.00
2015-03-31 26,536.00 74,233.00 9,350.00
2014-12-31 25,009.00 74,363.00 9,491.00
2014-09-30 21,375.00 71,127.00 9,732.00
2014-06-30 14,159.00 72,474.00 6,997.00
2014-03-31 13,103.00 75,828.00 7,385.00
2013-12-31 11,806.00 74,813.00 6,254.00
2013-09-30 7,344.00 75,731.00 7,842.00
2013-06-30 5,799.00 78,234.00 9,199.00
  • Juki's level of debt (140.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (297.1% vs 140.8% today).
  • Debt is not well covered by operating cash flow (5.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.6x coverage).
X
Financial health checks
We assess Juki's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Juki has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6440 Dividends

 What is Juki's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.92%
Current annual income from Juki dividends. Estimated to be 4.92% next year.
If you bought ¥2,000 of Juki shares you are expected to receive ¥98 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Juki's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.81%).
  • Juki's dividend is above the markets top 25% of dividend payers in Japan (4.2%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSE:6440 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Japan Machinery Industry Average Dividend Yield Market Cap Weighted Average of 227 Stocks 2.8%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2988 Stocks 3%
Japan Minimum Threshold Dividend Yield 10th Percentile 1%
Japan Bottom 25% Dividend Yield 25th Percentile 1.8%
Japan Top 25% Dividend Yield 75th Percentile 4.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSE:6440 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 25.00 1.00
2020-12-31 25.00 1.00
2020-04-04
TSE:6440 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-11-05 25.000 3.285
2019-03-28 30.000 3.141
2019-02-12 30.000 2.482
2018-03-27 25.000 1.968
2018-02-09 25.000 1.605
2017-03-29 20.000 1.239
2017-02-10 20.000 1.488
2016-11-02 20.000 1.899
2016-08-03 20.000 2.697
2016-03-30 35.000 3.616
2016-02-10 35.000 3.848
2015-11-06 50.000 4.834
2015-08-07 20.000 1.382
2015-08-06 50.000 3.135
2015-03-27 125.000 7.285
2015-02-12 125.000 5.848
2014-11-07 15.000 0.758
2014-08-06 15.000 0.929
2014-02-14 10.000 0.919
2013-11-07 0.000 0.000
2013-11-06 0.000 0.000
2013-08-07 0.000 0.000
2013-08-06 0.000 0.000
2013-05-09 0.000 0.000
2013-05-08 0.000 0.000
2013-03-28 0.000 0.000
2013-02-08 0.000 0.000
2012-08-08 15.000 2.734
2012-02-14 15.000 2.133
2011-06-29 15.000 1.675
2011-05-13 15.000 1.335
2010-08-09 0.000 0.000
2010-08-06 0.000 0.000
2010-06-28 0.000 0.000
2010-05-14 0.000 0.000
2010-02-10 0.000 0.000
2010-02-09 0.000 0.000
2009-11-12 0.000 0.000
2009-11-10 0.000 0.000
2009-08-07 0.000 0.000
2009-06-26 0.000 0.000
2009-05-19 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juki has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Juki only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Juki's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Juki's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Juki afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Juki has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6440 Management

 What is the CEO of Juki's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Akira Kiyohara
AGE 68
TENURE AS CEO 9.8 years
CEO Bio

Mr. Akira Kiyohara has been the President and Director of Juki Corp., since June 2010. Mr. Kiyohara served as Chief Financial Officer of Juki Corp. since July 2009. He served as Senior Managing Director, CAO and CCO at Juki Corp. since June 2009. He joined Juki Corporation as an Adviser since May 2009. He served as Representative Director and President, Mizuho Capital Co., Ltd. since March 2007. He served as Managing Executive Officerof Mizuho Bank, Ltd since March 2003. He served as Manager of Corporate Planning at Mizuho Bank, Ltd. He served as an Executive Officer, Mizuho Bank, Ltd. since April 2002. Mr. Kiyohara joined The Fuji Bank, Limited in April 1974.

CEO Compensation
  • Insufficient data for Akira to compare compensation growth.
  • Insufficient data for Akira to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team Tenure

Average tenure and age of the Juki management team in years:

3.1
Average Tenure
64
Average Age
  • The tenure for the Juki management team is about average.
Management Team

Akira Kiyohara

TITLE
President & Representative Director
AGE
68
TENURE
9.8 yrs

Satohiro Hama

TITLE
Corporate Officer

Hirofumi Gotoh

TITLE
Managing Officer

Shinsuke Uchinashi

TITLE
Senior Managing Officer & Director
AGE
62
TENURE
3.1 yrs

Robert J. Black

TITLE
Corporate Officer

Katsumi Nihei

TITLE
Corporate Officer

Kikuo Takahashi

TITLE
Corporate Officer

Takeshige Hamasoto

TITLE
Managing Officer & Director
AGE
64
TENURE
2.3 yrs

Hiroki Konishi

TITLE
Corporate Officer

Minoru Nitta

TITLE
Corporate Officer
Board of Directors Tenure

Average tenure and age of the Juki board of directors in years:

4
Average Tenure
64
Average Age
  • The tenure for the Juki board of directors is about average.
Board of Directors

Akira Kiyohara

TITLE
President & Representative Director
AGE
68
TENURE
9.8 yrs

Shinsuke Uchinashi

TITLE
Senior Managing Officer & Director
AGE
62
TENURE
3.1 yrs

Takeshige Hamasoto

TITLE
Managing Officer & Director
AGE
64

Toshimasa Miura

TITLE
Managing Officer & Director
AGE
64
TENURE
2.3 yrs

Kazumi Nagasaki

TITLE
Outside Director
AGE
68
TENURE
6.1 yrs

Yutaka Hori

TITLE
Outside Director
AGE
70

Masato Tanaka

TITLE
Outside Audit & Supervisory Board Member
AGE
63
TENURE
8.8 yrs

Yasuaki Isobe

TITLE
Outside Audit & Supervisory Board Member
TENURE
4 yrs

Masahiko Suzuki

TITLE
Member of Audit & Supervisory Board
AGE
61
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess Juki's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Juki has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6440 News

Simply Wall St News

6440 Company Info

Description

Juki Corporation manufactures and sells industrial sewing machines, surface mount technology (SMT) systems, and household sewing machines in Japan and internationally. The company operates through Sewing Machinery and Systems Business Unit, and Industrial Equipment and Systems Business Unit segments. It offers industrial sewing machines for sewing stitches for apparel products, sportswear, shoes, bags, and car seats; household sewing machines, including tailor-use, small-sized lock, and quilt-making long-arm sewing machines; and SMT-related systems to fabricate electronic circuit boards. The company also provides sleep buster, a device to reduce traffic accidents and prevent overwork driving; and data entry systems. In addition, it is involved in selling of parts, maintenance services, and processing business activities. The company was formerly known as Tokyo Juki Industrial Co., Ltd. and changed its name to Juki Corporation in April 1988. Juki Corporation was founded in 1938 and is headquartered in Tama, Japan.

Details
Name: Juki Corporation
6440
Exchange: TSE
Founded: 1938
¥14,882,058,120
29,295,390
Website: http://www.juki.co.jp
Address: Juki Corporation
2-11-1, Tsurumaki,
Tama,
Tokyo, 206-8551,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6440 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK JUKI.Y UNSPONSORD ADR Pink Sheets LLC US USD 13. Oct 2008
Number of employees
Current staff
Staff numbers
5,891
Juki employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 15:16
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/18
Last earnings filing: 2020/02/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.