Loading...

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

HyAS&Co

TSE:6192
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6192
TSE
¥7B
Market Cap
  1. Home
  2. JP
  3. Commercial Services
Company description

HyAS&Co. Inc. provides real estate services for individuals in Japan. The last earnings update was 1 day ago. More info.


Add to Portfolio Compare Print
  • HyAS&Co has significant price volatility in the past 3 months.
6192 Share Price and Events
7 Day Returns
-13%
TSE:6192
1.5%
JP Professional Services
0.7%
JP Market
1 Year Returns
-16.9%
TSE:6192
29.9%
JP Professional Services
8.7%
JP Market
6192 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HyAS&Co (6192) -13% -7.4% -22.2% -16.9% 165.6% -
JP Professional Services 1.5% 8.7% 19.6% 29.9% 128.8% 215.2%
JP Market 0.7% 1.7% 7.3% 8.7% 13.1% 26.1%
1 Year Return vs Industry and Market
  • 6192 underperformed the Professional Services industry which returned 29.9% over the past year.
  • 6192 underperformed the Market in Japan which returned 8.7% over the past year.
Price Volatility
6192
Industry
5yr Volatility vs Market

6192 Value

 Is HyAS&Co 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 HyAS&Co 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 HyAS&Co.

TSE:6192 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 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:6192
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 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.836 (1 + (1- 30.86%) (19.98%))
0.967
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (0.967 * 6.33%)
6.03%

Discounted Cash Flow Calculation for TSE:6192 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for HyAS&Co 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:6192 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.03%)
2020 220.45 Est @ 6.18% 207.91
2021 229.93 Est @ 4.3% 204.51
2022 236.79 Est @ 2.98% 198.63
2023 241.67 Est @ 2.06% 191.19
2024 245.09 Est @ 1.42% 182.87
2025 247.46 Est @ 0.96% 174.12
2026 249.06 Est @ 0.65% 165.28
2027 250.12 Est @ 0.43% 156.54
2028 250.80 Est @ 0.27% 148.04
2029 251.21 Est @ 0.16% 139.84
Present value of next 10 years cash flows ¥1,768.00
TSE:6192 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥251.21 × (1 + -0.09%) ÷ (6.03% – -0.09%)
¥4,099.17
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥4,099.17 ÷ (1 + 6.03%)10
¥2,281.88
TSE:6192 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥1,768.00 + ¥2,281.88
¥4,049.88
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥4,049.88 / 22.89
¥176.91
TSE:6192 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥176.91
Current discount Discount to share price of ¥301.00
= -1 x (¥301.00 - ¥176.91) / ¥176.91
-70.1%

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

  • The current share price of HyAS&Co 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 HyAS&Co's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HyAS&Co's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:6192 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in JPY ¥9.68
TSE:6192 Share Price ** TSE (2019-12-13) in JPY ¥301
Japan Professional Services Industry PE Ratio Median Figure of 81 Publicly-Listed Professional Services Companies 21.88x
Japan Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 15.61x

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

** Primary Listing of HyAS&Co.

TSE:6192 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6192 Share Price ÷ EPS (both in JPY)

= 301 ÷ 9.68

31.09x

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

  • HyAS&Co is overvalued based on earnings compared to the JP Professional Services industry average.
  • HyAS&Co is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does HyAS&Co's expected growth come at a high price?
Raw Data
TSE:6192 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.09x
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 40 Publicly-Listed Professional Services Companies 1.93x
Japan Market PEG Ratio Median Figure of 1,369 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 HyAS&Co, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on HyAS&Co's assets?
Raw Data
TSE:6192 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in JPY ¥58.29
TSE:6192 Share Price * TSE (2019-12-13) in JPY ¥301
Japan Professional Services Industry PB Ratio Median Figure of 86 Publicly-Listed Professional Services Companies 3.23x
Japan Market PB Ratio Median Figure of 3,529 Publicly-Listed Companies 1.14x
TSE:6192 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6192 Share Price ÷ Book Value per Share (both in JPY)

= 301 ÷ 58.29

5.16x

* Primary Listing of HyAS&Co.

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

  • HyAS&Co is overvalued based on assets compared to the JP Professional Services industry average.
X
Value checks
We assess HyAS&Co'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. HyAS&Co has a total score of 0/6, 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.

6192 Future Performance

 How is HyAS&Co 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 HyAS&Co 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
15.7%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HyAS&Co expected to grow at an attractive rate?
  • Unable to compare HyAS&Co's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare HyAS&Co's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare HyAS&Co's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSE:6192 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
Japan Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
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:6192 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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:6192 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSE:6192 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-10-31 7,351 221
2019-07-31 6,681 213
2019-04-30 6,099 576 240
2019-01-31 5,518 147
2018-10-31 5,198 82 186
2018-07-31 4,808 132
2018-04-30 4,659 117 200
2018-01-31 4,388 156
2017-10-31 4,254 260 186
2017-07-31 4,216 251
2017-04-30 3,971 313 185
2017-01-31 3,739 148

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if HyAS&Co is high growth as no earnings estimate data is available.
  • Unable to determine if HyAS&Co 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:6192 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from HyAS&Co Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6192 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSE:6192 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-10-31 9.68
2019-07-31 9.39
2019-04-30 10.66
2019-01-31 6.56
2018-10-31 8.33
2018-07-31 5.91
2018-04-30 8.94
2018-01-31 6.98
2017-10-31 8.32
2017-07-31 11.24
2017-04-30 8.30
2017-01-31 7.01

*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 HyAS&Co will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine HyAS&Co'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. HyAS&Co'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 HyAS&Co'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.
HyAS&Co 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.

6192 Past Performance

  How has HyAS&Co 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 HyAS&Co'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.
  • HyAS&Co's year on year earnings growth rate has been positive over the past 5 years.
  • HyAS&Co's 1-year earnings growth exceeds its 5-year average (18.8% vs 18.2%)
  • HyAS&Co's earnings growth has exceeded the JP Professional Services industry average in the past year (18.8% vs 16.1%).
Earnings and Revenue History
HyAS&Co'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 HyAS&Co Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6192 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 7,351.00 221.00 3,915.00
2019-07-31 6,681.00 213.00 3,746.00
2019-04-30 6,099.00 240.00 3,528.00
2019-01-31 5,518.00 147.00 3,333.00
2018-10-31 5,198.00 186.00 3,078.00
2018-07-31 4,808.00 132.00 2,818.00
2018-04-30 4,659.00 200.00 2,602.00
2018-01-31 4,388.00 156.00 2,412.00
2017-10-31 4,254.00 186.00 2,254.00
2017-07-31 4,216.00 251.00 2,139.00
2017-04-30 3,971.00 185.00 2,022.00
2017-01-31 3,739.00 148.00 1,868.00
2016-10-31 3,536.00 118.00 1,775.00
2016-07-31 3,264.00 90.00 1,639.00
2016-04-30 3,191.00 143.00 1,529.00
2015-04-30 2,686.00 47.00 1,366.00
2014-04-30 2,677.00 127.00 1,127.00

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

6192 Health

 How is HyAS&Co'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 HyAS&Co's finances.

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

TSE:6192 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 1,380.00 1,377.00 1,112.00
2019-07-31 1,303.00 1,181.00 1,020.00
2019-04-30 1,359.00 1,114.00 1,188.00
2019-01-31 1,151.00 1,147.00 743.00
2018-10-31 1,150.00 1,153.00 949.00
2018-07-31 1,020.00 928.00 689.00
2018-04-30 1,038.00 704.00 751.00
2018-01-31 1,254.00 0.00 982.00
2017-10-31 1,261.00 0.00 1,118.00
2017-07-31 1,237.00 5.00 1,208.00
2017-04-30 1,163.00 13.00 1,229.00
2017-01-31 1,086.00 22.00 1,105.00
2016-10-31 1,025.00 30.00 1,165.00
2016-07-31 940.00 43.00 982.00
2016-04-30 912.00 60.00 1,130.00
2015-04-30 314.00 158.00 534.00
2014-04-30 238.00 116.00 502.00
  • HyAS&Co's level of debt (97.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (50.2% vs 97.5% today).
  • Debt is well covered by operating cash flow (42.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 81.8x coverage).
X
Financial health checks
We assess HyAS&Co'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. HyAS&Co 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.

6192 Dividends

 What is HyAS&Co'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
1.26%
Current annual income from HyAS&Co dividends.
If you bought ¥2,000 of HyAS&Co shares you are expected to receive ¥25 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?
  • HyAS&Co's pays a lower dividend yield than the bottom 25% of dividend payers in Japan (1.34%).
  • HyAS&Co's dividend is below the markets top 25% of dividend payers in Japan (2.92%).
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:6192 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 65 Stocks 1%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2973 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 2.9%

Industry and Market average data is calculated daily.

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

TSE:6192 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
TSE:6192 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-14 3.800 1.174
2019-03-15 3.400 1.157
2018-12-14 3.400 1.210
2018-07-30 3.400 0.863
2018-06-13 3.400 0.718
2018-03-14 2.667 0.469
2017-12-14 2.667 0.514
2017-07-28 2.667 0.816
2017-06-14 2.667 1.091

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

  • Whilst dividend payments have been stable, HyAS&Co has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but HyAS&Co only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of HyAS&Co's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x 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 HyAS&Co'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 HyAS&Co afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. HyAS&Co 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.

6192 Management

 What is the CEO of HyAS&Co'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
Seiichi Hamanura
AGE 58
CEO Bio

Mr. Seiichi Hamanura serves as President and Representative Director of HyAS&Co. Inc. Mr. Hamanura served as Managing Director of LCA Holdings Co., Ltd. since May 2001. He served as President and Representative Director of LSI Link Co., Ltd. since May 2003. He served as the President and Representative Director of LCA Reconstruction Co., Ltd. since May 2004. Mr. Hamanura served as a Director of LCA Holdings Co., Ltd. (formerly, Japan LCA Co., Ltd.) since May 1995.

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

Seiichi Hamanura

TITLE
President and Representative Director
AGE
58

Atsuo Nishino

TITLE
Executive Officer
TENURE
5.9 yrs

Futoshi Kawase

TITLE
Managing Executive Officer

Kazunori Kakiuchi

TITLE
Managing Executive Officer

Kenta Shiozaki

TITLE
Executive Officer

Tatsuro Ukai

TITLE
Executive Officer

Hiroto Fukushima

TITLE
Executive Officer and Director

Takahiko Kato

TITLE
Executive Officer

Kohdoh Tanihara

TITLE
Executive Officer

Takayuki Shiomi

TITLE
Executive Officer
Board of Directors

Seiichi Hamanura

TITLE
President and Representative Director
AGE
58

Atsuo Nishino

TITLE
Executive Officer

Futoshi Kawase

TITLE
Managing Executive Officer

Kazunori Kakiuchi

TITLE
Managing Executive Officer
TENURE
14.8 yrs

Hiroto Fukushima

TITLE
Executive Officer and Director

Fumiaki Nakayama

TITLE
Executive Officer
TENURE
9.4 yrs

Toshihiko Hagiwara

TITLE
External Director
AGE
56

Atsuo Akai

TITLE
External Director

Masayasu Morita

TITLE
External Director
AGE
43

Kazuyuki Ohtsu

TITLE
Standing Corporate Auditor
AGE
58
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 HyAS&Co'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. HyAS&Co 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.

6192 News

Simply Wall St News

6192 Company Info

Description

HyAS&Co. Inc. provides real estate services for individuals in Japan. The company was founded in 2005 and is based in Tokyo, Japan.

Details
Name: HyAS&Co. Inc.
6192
Exchange: TSE
Founded: 2005
¥6,890,603,671
22,892,371
Website: http://www.hyas.co.jp
Address: HyAS&Co. Inc.
IK Building,
5th Floor,
Tokyo,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6192 Common Shares The Tokyo Stock Exchange JP JPY 05. Apr 2016
Number of employees
Current staff
Staff numbers
187
HyAS&Co employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/14 15:20
End of day share price update: 2019/12/13 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/12/13
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/04/30


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.