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HIRAYAMA HOLDINGSLtd

JASDAQ:7781
Snowflake Description

Excellent balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7781
JASDAQ
¥3B
Market Cap
  1. Home
  2. JP
  3. Commercial Services
Company description

HIRAYAMA HOLDINGS Co.,Ltd. operates as a manufacturing support company in Japan. The last earnings update was 53 days ago. More info.


Add to Portfolio Compare Print
  • HIRAYAMA HOLDINGSLtd has significant price volatility in the past 3 months.
7781 Share Price and Events
7 Day Returns
1.3%
JASDAQ:7781
-13.7%
JP Professional Services
-4.3%
JP Market
1 Year Returns
-37.2%
JASDAQ:7781
-26.6%
JP Professional Services
-14.8%
JP Market
7781 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HIRAYAMA HOLDINGSLtd (7781) 1.3% -18.9% -33.6% -37.2% 78% -
JP Professional Services -13.7% -31.1% -41.7% -26.6% 10.2% 60.5%
JP Market -4.3% -7.4% -20.4% -14.8% -8% -11%
1 Year Return vs Industry and Market
  • 7781 underperformed the Professional Services industry which returned -26.6% over the past year.
  • 7781 underperformed the Market in Japan which returned -14.8% over the past year.
Price Volatility
7781
Industry
5yr Volatility vs Market

Value

 Is HIRAYAMA HOLDINGSLtd 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 HIRAYAMA HOLDINGSLtd 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 HIRAYAMA HOLDINGSLtd.

JASDAQ:7781 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in JPY ¥ 30.000000
Payout Ratio Company Filings (2019-12-31) 2390.1%
Discount Rate (Cost of Equity) See below 6.1%
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 JASDAQ:7781
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.79
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.793 (1 + (1- 30.86%) (33.23%))
0.983
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (0.983 * 6.33%)
6.13%

Discounted Cash Flow Calculation for JASDAQ:7781 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for HIRAYAMA HOLDINGSLtd is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

JASDAQ:7781 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥30 / (6.13% - -0.09%)
¥482.06
JASDAQ:7781 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥482.06
Current discount Discount to share price of ¥908.00
= -1 x (¥908.00 - ¥482.06) / ¥482.06
-88.4%

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

  • The current share price of HIRAYAMA HOLDINGSLtd is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 HIRAYAMA HOLDINGSLtd's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HIRAYAMA HOLDINGSLtd's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JASDAQ:7781 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥10.97
JASDAQ:7781 Share Price ** JASDAQ (2020-04-07) in JPY ¥908
Japan Professional Services Industry PE Ratio Median Figure of 82 Publicly-Listed Professional Services Companies 12.47x
Japan Market PE Ratio Median Figure of 3,073 Publicly-Listed Companies 11.75x

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

** Primary Listing of HIRAYAMA HOLDINGSLtd.

JASDAQ:7781 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JASDAQ:7781 Share Price ÷ EPS (both in JPY)

= 908 ÷ 10.97

82.74x

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

  • HIRAYAMA HOLDINGSLtd is overvalued based on earnings compared to the JP Professional Services industry average.
  • HIRAYAMA HOLDINGSLtd is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does HIRAYAMA HOLDINGSLtd's expected growth come at a high price?
Raw Data
JASDAQ:7781 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 82.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Professional Services Industry PEG Ratio Median Figure of 39 Publicly-Listed Professional Services Companies 1.15x
Japan Market PEG Ratio Median Figure of 1,282 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for HIRAYAMA HOLDINGSLtd, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on HIRAYAMA HOLDINGSLtd's assets?
Raw Data
JASDAQ:7781 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥734.64
JASDAQ:7781 Share Price * JASDAQ (2020-04-07) in JPY ¥908
Japan Professional Services Industry PB Ratio Median Figure of 89 Publicly-Listed Professional Services Companies 1.76x
Japan Market PB Ratio Median Figure of 3,578 Publicly-Listed Companies 0.82x
JASDAQ:7781 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JASDAQ:7781 Share Price ÷ Book Value per Share (both in JPY)

= 908 ÷ 734.64

1.24x

* Primary Listing of HIRAYAMA HOLDINGSLtd.

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

  • HIRAYAMA HOLDINGSLtd is good value based on assets compared to the JP Professional Services industry average.
X
Value checks
We assess HIRAYAMA HOLDINGSLtd'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. HIRAYAMA HOLDINGSLtd has a total score of 1/6, 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.

Future Performance

 How is HIRAYAMA HOLDINGSLtd expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as HIRAYAMA HOLDINGSLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
15.8%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HIRAYAMA HOLDINGSLtd expected to grow at an attractive rate?
  • Unable to compare HIRAYAMA HOLDINGSLtd's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare HIRAYAMA HOLDINGSLtd's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare HIRAYAMA HOLDINGSLtd's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JASDAQ:7781 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
Japan Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
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
JASDAQ:7781 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JASDAQ:7781 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
JASDAQ:7781 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 22,513 324 38
2019-09-30 21,794 316
2019-06-30 20,841 581 364
2019-03-31 19,021 415
2018-12-31 17,207 601 402
2018-09-30 15,304 332
2018-06-30 13,593 463 348
2018-03-31 12,989 322
2017-12-31 12,532 96 334
2017-09-30 12,055 239
2017-06-30 11,642 -31 147
2017-03-31 11,300 65

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if HIRAYAMA HOLDINGSLtd is high growth as no earnings estimate data is available.
  • Unable to determine if HIRAYAMA HOLDINGSLtd is high growth as no revenue estimate data is available.
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
JASDAQ:7781 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 0 Analyst Estimates (S&P Global) See Below

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

JASDAQ:7781 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
JASDAQ:7781 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 10.97
2019-09-30 90.96
2019-06-30 104.54
2019-03-31 119.25
2018-12-31 115.77
2018-09-30 96.12
2018-06-30 101.37
2018-03-31 94.09
2017-12-31 97.72
2017-09-30 69.93
2017-06-30 43.01
2017-03-31 19.02

*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 HIRAYAMA HOLDINGSLtd will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine HIRAYAMA HOLDINGSLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. HIRAYAMA HOLDINGSLtd's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess HIRAYAMA HOLDINGSLtd'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.
HIRAYAMA HOLDINGSLtd has a total score of 0/6, 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.

Past Performance

  How has HIRAYAMA HOLDINGSLtd 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 HIRAYAMA HOLDINGSLtd's growth in the last year to its industry (Professional Services).
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.
  • HIRAYAMA HOLDINGSLtd has delivered over 20% year on year earnings growth in the past 5 years.
  • HIRAYAMA HOLDINGSLtd's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • HIRAYAMA HOLDINGSLtd's 1-year earnings growth is negative, it can't be compared to the JP Professional Services industry average.
Earnings and Revenue History
HIRAYAMA HOLDINGSLtd'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 HIRAYAMA HOLDINGSLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JASDAQ:7781 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 22,513.00 38.00 3,207.00
2019-09-30 21,794.00 316.00 3,186.00
2019-06-30 20,841.00 364.00 3,062.00
2019-03-31 19,021.00 415.00 2,885.00
2018-12-31 17,207.00 402.00 2,544.00
2018-09-30 15,304.00 332.00 2,194.00
2018-06-30 13,593.00 348.00 1,862.00
2018-03-31 12,989.00 322.00 1,742.00
2017-12-31 12,532.00 334.00 1,626.00
2017-09-30 12,055.00 239.00 1,575.00
2017-06-30 11,642.00 147.00 1,540.00
2017-03-31 11,300.00 65.00 1,535.00
2016-12-31 10,736.00 6.00 1,514.00
2016-09-30 10,201.00 13.00 1,441.00
2016-06-30 9,747.00 14.00 1,390.00
2016-03-31 9,297.00 53.00 1,325.00
2015-06-30 8,995.00 193.00 1,171.00
2014-06-30 8,250.00 182.00 1,090.00
2013-06-30 7,421.00 153.00 946.00

*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.
  • HIRAYAMA HOLDINGSLtd has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • HIRAYAMA HOLDINGSLtd used its assets less efficiently than the JP Professional Services industry average last year based on Return on Assets.
  • HIRAYAMA HOLDINGSLtd has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess HIRAYAMA HOLDINGSLtd'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 Professional Services 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.
HIRAYAMA HOLDINGSLtd has a total score of 2/6, 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.

Health

 How is HIRAYAMA HOLDINGSLtd'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 HIRAYAMA HOLDINGSLtd's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HIRAYAMA HOLDINGSLtd is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HIRAYAMA HOLDINGSLtd's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of HIRAYAMA HOLDINGSLtd'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 6.3x 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 HIRAYAMA HOLDINGSLtd Company Filings, last reported 3 months ago.

JASDAQ:7781 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,537.00 1,029.00 3,484.00
2019-09-30 2,668.00 1,117.00 3,218.00
2019-06-30 2,769.00 1,204.00 3,592.00
2019-03-31 2,715.00 1,291.00 3,503.00
2018-12-31 2,653.00 1,385.00 3,701.00
2018-09-30 2,492.00 1,363.00 3,519.00
2018-06-30 2,527.00 795.00 3,422.00
2018-03-31 2,405.00 845.00 3,342.00
2017-12-31 2,350.00 946.00 3,459.00
2017-09-30 2,221.00 1,046.00 3,488.00
2017-06-30 2,186.00 1,153.00 3,362.00
2017-03-31 2,111.00 216.00 2,435.00
2016-12-31 2,031.00 274.00 2,814.00
2016-09-30 2,034.00 332.00 2,681.00
2016-06-30 2,143.00 390.00 2,768.00
2016-03-31 2,127.00 449.00 2,937.00
2015-06-30 1,506.00 641.00 2,675.00
2014-06-30 1,283.00 932.00 2,721.00
2013-06-30 1,127.00 416.00 1,964.00
  • HIRAYAMA HOLDINGSLtd's level of debt (40.6%) 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 (56.2% vs 40.6% today).
  • Debt is well covered by operating cash flow (31.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 83.5x coverage).
X
Financial health checks
We assess HIRAYAMA HOLDINGSLtd'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. HIRAYAMA HOLDINGSLtd has a total score of 5/6, 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.

Dividends

 What is HIRAYAMA HOLDINGSLtd'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
3.3%
Current annual income from HIRAYAMA HOLDINGSLtd dividends.
If you bought ¥2,000 of HIRAYAMA HOLDINGSLtd shares you are expected to receive ¥66 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?
  • HIRAYAMA HOLDINGSLtd's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.76%).
  • HIRAYAMA HOLDINGSLtd's dividend is below the markets top 25% of dividend payers in Japan (4.09%).
Upcoming dividend payment

Purchase HIRAYAMA HOLDINGSLtd before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
JASDAQ:7781 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 0 Analyst Estimates (S&P Global) See Below
Japan Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 69 Stocks 1.8%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2987 Stocks 2.9%
Japan Minimum Threshold Dividend Yield 10th Percentile 1%
Japan Bottom 25% Dividend Yield 25th Percentile 1.8%
Japan Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

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

JASDAQ:7781 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
JASDAQ:7781 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-09-27 30.000 2.552
2019-09-09 30.000 2.643
2018-09-26 29.000 2.210
2018-08-14 29.000 1.860
2017-09-26 15.000 1.380
2017-08-14 15.000 1.972
2016-09-27 10.000 1.918
2016-08-12 10.000 2.237
2015-09-29 18.670 3.283
2015-08-13 18.670 2.241

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

  • HIRAYAMA HOLDINGSLtd 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 HIRAYAMA HOLDINGSLtd only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of HIRAYAMA HOLDINGSLtd's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x 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 HIRAYAMA HOLDINGSLtd'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 HIRAYAMA HOLDINGSLtd afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. HIRAYAMA HOLDINGSLtd has a total score of 1/6, see the detailed checks below.


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

Management

 What is the CEO of HIRAYAMA HOLDINGSLtd'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
Yoshikazu Hirayama
AGE 57
CEO Bio

Mr. Yoshikazu Hirayama serves as the President and Representative Director of Hirayama Co., Ltd.

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

Yoshikazu Hirayama

TITLE
President and Representative Director
AGE
57

Hiroshi Shibata

TITLE
Management Division General Manager and Director
AGE
50

Numajiri Naritoshi

TITLE
General Manager of Sales Department and Executive Officer

Keiichi Hirayama

TITLE
Senior Managing Director and Director
AGE
55

Hisashi Taniguchi

TITLE
Managing Director and Director
Board of Directors

Hiroshi Shibata

TITLE
Management Division General Manager and Director
AGE
50

Keiichi Hirayama

TITLE
Senior Managing Director and Director
AGE
55

Hisashi Taniguchi

TITLE
Managing Director and Director

Shinichi Murakami

TITLE
Outside Director
AGE
74

Yoshikazu Hirayama

TITLE
President and Representative Director
AGE
57

Yoshihito Komure

TITLE
Outside Director
AGE
83

Kazunori Kawabe

TITLE
Director
AGE
67

Takaaki Fukunaga

TITLE
Outside Auditor
AGE
47

Chiyoshi Sumitomo

TITLE
Full-Time Auditor
AGE
67

Tadaharu Tsuyuki

TITLE
AGE
74
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 HIRAYAMA HOLDINGSLtd'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. HIRAYAMA HOLDINGSLtd 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.

News

Simply Wall St News

Company Info

Description

HIRAYAMA HOLDINGS Co.,Ltd. operates as a manufacturing support company in Japan. The company provides in-sourcing and temporary staffing services, including manufacturing outsourcing, and manufacturing temporary staffing and personnel placement services; and engineer placement and entrusted development engineer services, such as dispatching its engineer staff to the engineering section of its clients. It also offers GENBA KAIZEN consulting, and human resources development and education/management services. The company was formerly known as HIRAYAMA Co.,Ltd. and changed its name to HIRAYAMA HOLDINGS Co.,Ltd. in March 2017. HIRAYAMA HOLDINGS Co.,Ltd. was founded in 1955 and is headquartered in Tokyo, Japan.

Details
Name: HIRAYAMA HOLDINGS Co.,Ltd.
7781
Exchange: JASDAQ
Founded: 1955
¥3,096,189,200
3,409,900
Website: http://www.hirayamastaff.co.jp
Address: HIRAYAMA HOLDINGS Co.,Ltd.
A-PLACE Shinagawa,
6th Floor,
Tokyo,
108-0075,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JASDAQ 7781 Common Stock TSE JASDAQ JP JPY 13. Jul 2015
Number of employees
Current staff
Staff numbers
1,878
HIRAYAMA HOLDINGSLtd employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 17:09
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2019/09/09
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.