Loading...

We've got a brand new version of Simply Wall St! Try it out

Nihonwasou Holdings

TSE:2499
Snowflake Description

Adequate balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2499
TSE
¥4B
Market Cap
  1. Home
  2. JP
  3. Commercial Services
Company description

Nihonwasou Holdings, Inc. provides kimono dressing lessons in Japan. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
2499 Share Price and Events
7 Day Returns
2.3%
TSE:2499
-0.1%
JP Commercial Services
-0.3%
JP Market
1 Year Returns
-2.9%
TSE:2499
5.7%
JP Commercial Services
6.1%
JP Market
2499 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nihonwasou Holdings (2499) 2.3% 7.9% 27.7% -2.9% 50% 53.1%
JP Commercial Services -0.1% 0.1% 11.8% 5.7% 17.6% 44.9%
JP Market -0.3% 0.7% 10.6% 6.1% 14.6% 25.5%
1 Year Return vs Industry and Market
  • 2499 underperformed the Commercial Services industry which returned 5.7% over the past year.
  • 2499 underperformed the Market in Japan which returned 6.1% over the past year.
Price Volatility
2499
Industry
5yr Volatility vs Market

Value

 Is Nihonwasou Holdings 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 Nihonwasou Holdings 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 Nihonwasou Holdings.

TSE:2499 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in JPY ¥ 13.000000
Payout Ratio Company Filings (2019-09-30) 2316.6%
Discount Rate (Cost of Equity) See below 7.2%
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:2499
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 30.86%) (123.26%))
1.149
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (1.149 * 6.33%)
7.18%

Discounted Cash Flow Calculation for TSE:2499 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Nihonwasou Holdings 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.

TSE:2499 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥13 / (7.18% - -0.09%)
¥178.71
TSE:2499 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥178.71
Current discount Discount to share price of ¥438.00
= -1 x (¥438.00 - ¥178.71) / ¥178.71
-145.1%

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

  • The current share price of Nihonwasou Holdings 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 Nihonwasou Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nihonwasou Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:2499 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥39.15
TSE:2499 Share Price ** TSE (2019-12-04) in JPY ¥438
Japan Commercial Services Industry PE Ratio Median Figure of 106 Publicly-Listed Commercial Services Companies 18.02x
Japan Market PE Ratio Median Figure of 3,068 Publicly-Listed Companies 15.44x

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

** Primary Listing of Nihonwasou Holdings.

TSE:2499 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:2499 Share Price ÷ EPS (both in JPY)

= 438 ÷ 39.15

11.19x

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

  • Nihonwasou Holdings is good value based on earnings compared to the JP Commercial Services industry average.
  • Nihonwasou Holdings is good value based on earnings compared to the Japan market.
Price based on expected Growth
Does Nihonwasou Holdings's expected growth come at a high price?
Raw Data
TSE:2499 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Commercial Services Industry PEG Ratio Median Figure of 38 Publicly-Listed Commercial Services Companies 2x
Japan Market PEG Ratio Median Figure of 1,368 Publicly-Listed Companies 1.88x

*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 Nihonwasou Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nihonwasou Holdings's assets?
Raw Data
TSE:2499 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥341.68
TSE:2499 Share Price * TSE (2019-12-04) in JPY ¥438
Japan Commercial Services Industry PB Ratio Median Figure of 123 Publicly-Listed Commercial Services Companies 1.13x
Japan Market PB Ratio Median Figure of 3,527 Publicly-Listed Companies 1.12x
TSE:2499 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:2499 Share Price ÷ Book Value per Share (both in JPY)

= 438 ÷ 341.68

1.28x

* Primary Listing of Nihonwasou Holdings.

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

  • Nihonwasou Holdings is overvalued based on assets compared to the JP Commercial Services industry average.
X
Value checks
We assess Nihonwasou Holdings'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 Commercial 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Nihonwasou Holdings has a total score of 2/6, 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 Nihonwasou Holdings 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 Nihonwasou Holdings 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
5.4%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nihonwasou Holdings expected to grow at an attractive rate?
  • Unable to compare Nihonwasou Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nihonwasou Holdings's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare Nihonwasou Holdings's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSE:2499 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 5.4%
Japan Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.4%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*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:2499 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
TSE:2499 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSE:2499 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 5,462 354
2019-06-30 5,455 -147 344
2019-03-31 5,524 369
2018-12-31 5,659 -291 414
2018-09-30 5,632 443
2018-06-30 5,517 -495 398
2018-03-31 5,533 425
2017-12-31 5,246 -357 281
2017-09-30 5,270 359
2017-06-30 5,159 38 333
2017-03-31 4,915 238
2016-12-31 4,841 412 174

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nihonwasou Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Nihonwasou Holdings 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
TSE:2499 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nihonwasou Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:2499 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSE:2499 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 39.15
2019-06-30 37.77
2019-03-31 40.42
2018-12-31 45.46
2018-09-30 48.82
2018-06-30 44.01
2018-03-31 47.16
2017-12-31 31.22
2017-09-30 39.88
2017-06-30 36.99
2017-03-31 26.44
2016-12-31 19.33

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

Next steps:

  1. Examine Nihonwasou Holdings'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. Nihonwasou Holdings'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 Nihonwasou Holdings'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.
Nihonwasou Holdings 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 Nihonwasou Holdings 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 Nihonwasou Holdings's growth in the last year to its industry (Commercial 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.
  • Nihonwasou Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Nihonwasou Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nihonwasou Holdings's 1-year earnings growth is negative, it can't be compared to the JP Commercial Services industry average.
Earnings and Revenue History
Nihonwasou Holdings'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 Nihonwasou Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:2499 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 5,462.00 354.00 4,332.00
2019-06-30 5,455.00 344.00 4,253.00
2019-03-31 5,524.00 369.00 4,289.00
2018-12-31 5,659.00 414.00 4,336.00
2018-09-30 5,632.00 443.00 4,267.00
2018-06-30 5,517.00 398.00 4,237.00
2018-03-31 5,533.00 425.00 4,244.00
2017-12-31 5,246.00 281.00 4,156.00
2017-09-30 5,270.00 359.00 4,079.00
2017-06-30 5,159.00 333.00 4,083.00
2017-03-31 4,915.00 238.00 3,991.00
2016-12-31 4,841.00 174.00 4,040.00
2016-09-30 4,750.00 45.00 4,085.00
2016-06-30 4,773.00 48.00 4,083.00
2016-03-31 4,872.00 67.00 4,131.00
2015-12-31 4,978.00 71.00 4,211.00
2015-09-30 4,864.00 -253.00 4,307.00
2015-06-30 4,990.00 -569.00 4,756.00
2015-03-31 5,434.00 -374.00 4,829.00
2014-12-31 5,776.00 -503.00 5,294.00
2014-09-30 6,266.00 -27.00 5,299.00
2014-06-30 6,412.00 171.00 5,180.00
2014-03-31 6,404.00 255.00 5,037.00
2013-12-31 6,056.00 236.00 4,807.00
2013-09-30 5,652.00 -13.00 4,783.00
2013-06-30 5,437.00 -127.00 4,780.00
2013-03-31 5,385.00 -227.00 4,854.00
2012-12-31 5,467.00 -233.00 4,890.00

*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.
  • Nihonwasou Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nihonwasou Holdings used its assets less efficiently than the JP Commercial Services industry average last year based on Return on Assets.
  • Nihonwasou Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Nihonwasou Holdings'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 Commercial 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.
Nihonwasou Holdings 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 Nihonwasou Holdings'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 Nihonwasou Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nihonwasou Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nihonwasou Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nihonwasou Holdings'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 1.8x 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 Nihonwasou Holdings Company Filings, last reported 2 months ago.

TSE:2499 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3,028.00 4,753.00 2,516.00
2019-06-30 3,020.00 5,022.00 2,339.00
2019-03-31 2,885.00 4,766.00 2,042.00
2018-12-31 2,976.00 4,838.00 2,396.00
2018-09-30 2,900.00 4,436.00 2,422.00
2018-06-30 2,841.00 4,480.00 2,117.00
2018-03-31 2,600.00 4,048.00 1,610.00
2017-12-31 2,603.00 4,079.00 2,011.00
2017-09-30 2,500.00 3,693.00 1,899.00
2017-06-30 2,497.00 3,576.00 1,840.00
2017-03-31 2,243.00 3,009.00 1,198.00
2016-12-31 2,386.00 3,194.00 1,638.00
2016-09-30 2,187.00 2,839.00 1,325.00
2016-06-30 2,193.00 3,087.00 1,293.00
2016-03-31 2,044.00 2,822.00 1,042.00
2015-12-31 2,245.00 3,291.00 1,299.00
2015-09-30 2,181.00 3,250.00 1,215.00
2015-06-30 2,179.00 3,846.00 1,090.00
2015-03-31 2,010.00 3,847.00 939.00
2014-12-31 2,213.00 4,509.00 1,141.00
2014-09-30 2,485.00 4,434.00 1,427.00
2014-06-30 2,821.00 4,522.00 1,393.00
2014-03-31 2,458.00 4,060.00 1,215.00
2013-12-31 2,839.00 4,265.00 1,910.00
2013-09-30 2,672.00 3,556.00 2,022.00
2013-06-30 2,770.00 3,165.00 1,784.00
2013-03-31 2,325.00 2,209.00 831.00
2012-12-31 2,651.00 2,125.00 1,396.00
  • Nihonwasou Holdings's level of debt (156%) 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 (178.7% vs 156% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 15.6x coverage).
X
Financial health checks
We assess Nihonwasou Holdings'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. Nihonwasou Holdings 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.

Dividends

 What is Nihonwasou Holdings'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
2.97%
Current annual income from Nihonwasou Holdings dividends.
If you bought ¥2,000 of Nihonwasou Holdings shares you are expected to receive ¥59 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?
  • Nihonwasou Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.34%).
  • Nihonwasou Holdings's dividend is below the markets top 25% of dividend payers in Japan (2.98%).
Upcoming dividend payment

Purchase Nihonwasou Holdings 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
TSE:2499 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 Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 111 Stocks 1.9%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2972 Stocks 2.3%
Japan Minimum Threshold Dividend Yield 10th Percentile 0.8%
Japan Bottom 25% Dividend Yield 25th Percentile 1.3%
Japan Top 25% Dividend Yield 75th Percentile 3%

Industry and Market average data is calculated daily.

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

TSE:2499 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
TSE:2499 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-03-29 13.000 3.704
2019-02-14 13.000 4.133
2018-11-14 12.000 3.246
2018-11-13 12.000 2.626
2018-08-14 12.000 2.647
2018-07-31 12.000 2.450
2018-04-27 12.000 2.159
2018-03-29 10.000 2.458
2018-02-13 10.000 2.318
2017-11-13 12.000 2.599
2017-10-31 12.000 3.448
2017-08-14 7.000 2.481
2017-07-31 7.000 2.634
2017-03-30 5.000 1.978
2017-02-13 5.000 1.949
2016-11-14 4.000 1.467
2016-10-31 4.000 1.423
2016-08-12 4.000 1.490
2016-07-29 4.000 1.563
2016-03-30 4.000 1.565
2016-02-12 4.000 1.580
2015-11-12 0.000 0.000
2015-10-30 0.000 0.000
2015-08-12 0.000 0.000
2015-07-31 0.000 0.000
2015-03-31 6.000 2.197
2015-02-12 6.000 2.243
2014-11-12 6.000 2.165
2014-10-31 6.000 2.134
2014-08-12 6.000 2.136
2014-07-31 6.000 2.174
2014-03-28 5.000 1.820
2014-02-13 5.000 1.846
2013-11-12 0.000 0.000
2013-10-31 0.000 0.000
2013-08-12 0.000 0.000
2013-07-31 0.000 0.000
2013-05-14 0.000 0.000
2013-04-30 0.000 0.000
2013-03-27 0.000 0.000
2013-02-14 0.000 0.000
2012-10-31 10.000 3.546
2012-08-10 10.000 3.458
2012-07-31 10.000 3.479
2012-04-27 15.000 5.120
2012-03-23 15.000 4.956
2012-02-07 15.000 5.102
2011-10-28 15.000 5.027
2011-07-29 15.000 5.087
2011-04-28 15.000 4.909
2011-03-25 15.000 4.903
2011-02-14 15.000 4.917
2010-10-29 15.000 4.815
2010-08-12 15.000 5.181
2010-07-30 15.000 5.141
2010-03-26 15.000 5.286
2010-02-15 15.000 5.610
2009-10-30 15.000 5.455
2009-08-12 15.000 5.371
2009-07-31 15.000 5.496
2009-03-27 12.000 4.318
2008-12-12 0.000 0.000

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Nihonwasou Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.9x 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 Nihonwasou Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Nihonwasou Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nihonwasou Holdings 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.

Management

 What is the CEO of Nihonwasou Holdings'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
Shigehisa Yoshida
AGE 57
TENURE AS CEO 16.2 years
CEO Bio

Mr. Shigehisa Yoshida has been the President of Nihonwasou Holdings Inc., since October 2003 and served as its General Manager of Sales Division since October 2012. Mr. Yoshida has been the President of Nihonwasou Credit K.K. since May 2007 and Nihonwasou Marketing K.K. since November 2007. Mr. Yoshida established Y.K. Wasou.dot Com and served as its Representative Director since August 2000. Mr. Yoshida established Nikko Enterprise Co. Ltd., and served as its Representative Director since November 1999. He established Y.K. From North (then changed organization to K.K.) and served its Representative Director since November 1998. Mr. Yoshida established Dento Isou Kukyu Sokushin Kyodo Kumiai and served as its Representative Director since November 1998. He served as a Representative Director of Sunaken K.K. (changed name to K.K. Bio Mentor in September 2008 when the liquidation was completed) since October 1997. He established Y.K. Nihonwasou Bunka Kenkyusho (then changed organization to K.K.) and served as its Representative Director since April 1995. Mr. Yoshida established Y.K. Wise Associate (then changed organization to K.K.) and served as its Representative Director since September 1994. Mr. Yoshida serves as a Representative Director of Main Stage Co., Ltd. He has been a Representative Director of Nihonwasou Credit K.K. since May 2007. He has been a Representative Director of Nihonwasou Marketing K.K. since November 2007 and Nihonwasou Holdings Inc. since October 2003. He established Kyushuwa Soshinko Kyokai (changed name to Nihonwasou Shinko Kyokai in January 2003) in November 1987. Mr. Yoshida established Y.K. Deriko (now Nihonwasou Holdings, Inc.) and served as its Representative Director since July 1986. Mr. Yoshida established Deriko in March 1984.

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

Shigehisa Yoshida

TITLE
President and Representative Director
AGE
57
TENURE
16.2 yrs

Yasuhiro Kanno

TITLE
General Manager of Administration and Director
AGE
47
TENURE
10.7 yrs

Yasuhiro Oguma

TITLE
Executive Officer
AGE
46

Shinichi Fujinaga

TITLE
Senior Managing Director
AGE
55

Yoshio Domen

TITLE
Director and Manager of 5th Sales Department
AGE
33
Board of Directors Tenure

Average tenure and age of the Nihonwasou Holdings board of directors in years:

5.3
Average Tenure
51.5
Average Age
  • The tenure for the Nihonwasou Holdings board of directors is about average.
Board of Directors

Shigehisa Yoshida

TITLE
President and Representative Director
AGE
57
TENURE
16.2 yrs

Yasuhiro Kanno

TITLE
General Manager of Administration and Director
AGE
47
TENURE
14.2 yrs

Yasuhiro Oguma

TITLE
Executive Officer
AGE
46
TENURE
5.8 yrs

Shinichi Fujinaga

TITLE
Senior Managing Director
AGE
55
TENURE
4.9 yrs

Yoshio Domen

TITLE
Director and Manager of 5th Sales Department
AGE
33
TENURE
3.8 yrs

Susumu Okada

TITLE
External Director
AGE
52
TENURE
3.8 yrs

Masanori Katayama

TITLE
External Director
AGE
43
TENURE
3.8 yrs

Tomotsugu Nitanda

TITLE
External Auditor
AGE
59
TENURE
14.5 yrs

Yutaka Miyoshi

TITLE
External Auditor
AGE
51
TENURE
6.8 yrs

Takashi Oda

TITLE
External Standing Corporate Auditor
AGE
65
TENURE
3.8 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 Nihonwasou Holdings'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. Nihonwasou Holdings 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

Nihonwasou Holdings, Inc. provides kimono dressing lessons in Japan. The company also provides sales promotion agency, kimono sewing educational guidance, kimono tailoring, and kimono maintenance services. In addition, it is involved in the brokerage of sales contracts for Japanese clothing and cosmetic items; and the research and development, and sale of jewelry accessories. The company was founded in 1984 and is headquartered in Tokyo, Japan.

Details
Name: Nihonwasou Holdings, Inc.
2499
Exchange: TSE
Founded: 1984
¥3,856,152,000
8,804,000
Website: http://www.wasou.com
Address: Nihonwasou Holdings, Inc.
Tokio Marine & Nichido New Building,
6th Floor,
Tokyo,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 2499 Common Stock The Tokyo Stock Exchange JP JPY 08. Sep 2006
Number of employees
Current staff
Staff numbers
145
Nihonwasou Holdings employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 15:05
End of day share price update: 2019/12/04 00:00
Last estimates confirmation: 2019/02/14
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.