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Chuokeizai-Sha Holdings

OTCPK:CKZA.F
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CKZA.F
OTCPK
¥2B
Market Cap
  1. Home
  2. US
  3. Media
Company description

Chuokeizai-Sha Holdings, Inc. engages in publishing business in Japan. The last earnings update was 73 days ago. More info.


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CKZA.F Share Price and Events
7 Day Returns
0%
OTCPK:CKZA.F
0.4%
US Media
0.6%
US Market
1 Year Returns
-
OTCPK:CKZA.F
19.7%
US Media
6.2%
US Market
CKZA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chuokeizai-Sha Holdings (CKZA.F) 0% 0% 0% - - -
US Media 0.4% -3.6% -3.4% 19.7% 22.9% 36.6%
US Market 0.6% -1.8% -2% 6.2% 36.3% 50%
1 Year Return vs Industry and Market
  • No trading data on CKZA.F.
  • No trading data on CKZA.F.
Price Volatility
CKZA.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Chuokeizai-Sha Holdings's competitors could be found in our database.

Value

 Is Chuokeizai-Sha 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 Chuokeizai-Sha 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 Chuokeizai-Sha Holdings.

OTCPK:CKZA.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in JPY ¥ 10.000000
Payout Ratio Company Filings (2019-06-30) 4489.2%
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:CKZA.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.75 (1 + (1- 30.86%) (0%))
1.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.127 * 5.96%)
9.45%

Discounted Cash Flow Calculation for OTCPK:CKZA.F using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Chuokeizai-Sha 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.

OTCPK:CKZA.F Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥10 / (9.45% - 2.73%)
¥0.01
OTCPK:CKZA.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CKZA.F represents 0.01053x of JASDAQ:9476
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.01053x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 118.89 x 0.01053
$1.25
Value per share (USD) From above. $1.25
Current discount Discount to share price of $5.15
= -1 x ($5.15 - $1.25) / $1.25
-311.3%

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

  • The current share price of Chuokeizai-Sha 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 Chuokeizai-Sha Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chuokeizai-Sha Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CKZA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in JPY ¥8.04
JASDAQ:9476 Share Price ** JASDAQ (2019-07-16) in JPY ¥489
United States of America Media Industry PE Ratio Median Figure of 44 Publicly-Listed Media Companies 12.77x
United States of America Market PE Ratio Median Figure of 3,106 Publicly-Listed Companies 17.54x

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

** Primary Listing of Chuokeizai-Sha Holdings.

OTCPK:CKZA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JASDAQ:9476 Share Price ÷ EPS (both in JPY)

= 489 ÷ 8.04

60.8x

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

  • Chuokeizai-Sha Holdings is overvalued based on earnings compared to the US Media industry average.
  • Chuokeizai-Sha Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Chuokeizai-Sha Holdings's expected growth come at a high price?
Raw Data
OTCPK:CKZA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 60.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
35.1%per year
United States of America Media Industry PEG Ratio Median Figure of 35 Publicly-Listed Media Companies 1.07x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.47x

*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 Chuokeizai-Sha Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chuokeizai-Sha Holdings's assets?
Raw Data
OTCPK:CKZA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in JPY ¥1,057.21
JASDAQ:9476 Share Price * JASDAQ (2019-07-16) in JPY ¥489
United States of America Media Industry PB Ratio Median Figure of 75 Publicly-Listed Media Companies 1.26x
United States of America Market PB Ratio Median Figure of 5,320 Publicly-Listed Companies 1.71x
OTCPK:CKZA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JASDAQ:9476 Share Price ÷ Book Value per Share (both in JPY)

= 489 ÷ 1,057.21

0.46x

* Primary Listing of Chuokeizai-Sha Holdings.

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

  • Chuokeizai-Sha Holdings is good value based on assets compared to the US Media industry average.
X
Value checks
We assess Chuokeizai-Sha 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 Media 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 Media industry average (and greater than 0)? (1 check)
  5. Chuokeizai-Sha Holdings 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 Chuokeizai-Sha Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Chuokeizai-Sha Holdings, future earnings growth has been estimated based on fundamentals.
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
35.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chuokeizai-Sha Holdings expected to grow at an attractive rate?
  • Chuokeizai-Sha Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Chuokeizai-Sha Holdings's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Chuokeizai-Sha Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:CKZA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CKZA.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 35.1%
United States of America Media Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
United States of America Media Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:CKZA.F 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.
OTCPK:CKZA.F Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:CKZA.F Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-06-30 3,041 30
2019-03-31 3,028 51 36
2018-12-31 3,121 53
2018-09-30 3,167 35 71
2018-06-30 3,187 55
2018-03-31 3,267 -47 93
2017-12-31 3,221 95
2017-09-30 3,211 10 74
2017-06-30 3,151 119
2017-03-31 3,083 110 94
2016-12-31 3,107 78
2016-09-30 3,189 45 95

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chuokeizai-Sha Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Chuokeizai-Sha 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
OTCPK:CKZA.F 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 Chuokeizai-Sha Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CKZA.F Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:CKZA.F Past Financials Data
Date (Data in JPY Millions) EPS *
2019-06-30 8.04
2019-03-31 9.65
2018-12-31 14.21
2018-09-30 19.03
2018-06-30 14.75
2018-03-31 24.93
2017-12-31 25.47
2017-09-30 19.84
2017-06-30 31.90
2017-03-31 25.20
2016-12-31 20.91
2016-09-30 25.47

*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 Chuokeizai-Sha Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Chuokeizai-Sha 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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Chuokeizai-Sha Holdings has a total score of 3/6, 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 Chuokeizai-Sha 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 Chuokeizai-Sha Holdings's growth in the last year to its industry (Media).
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.
  • Chuokeizai-Sha Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Chuokeizai-Sha Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chuokeizai-Sha Holdings's 1-year earnings growth is negative, it can't be compared to the US Media industry average.
Earnings and Revenue History
Chuokeizai-Sha 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 Chuokeizai-Sha Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CKZA.F Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 3,041.00 30.00 934.00
2019-03-31 3,028.00 36.00 942.00
2018-12-31 3,121.00 53.00 950.00
2018-09-30 3,167.00 71.00 952.00
2018-06-30 3,187.00 55.00 957.00
2018-03-31 3,267.00 93.00 952.00
2017-12-31 3,221.00 95.00 949.00
2017-09-30 3,211.00 74.00 939.00
2017-06-30 3,151.00 119.00 933.00
2017-03-31 3,083.00 94.00 926.00
2016-12-31 3,107.00 78.00 944.00
2016-09-30 3,189.00 95.00 967.00
2016-06-30 3,149.00 65.00 965.00
2016-03-31 3,207.00 61.00 994.00
2015-12-31 3,223.00 72.00 979.00
2015-09-30 3,108.00 55.00 960.00
2015-06-30 3,162.00 52.00 952.00
2015-03-31 3,092.00 24.00 936.00
2014-12-31 3,020.00 26.00 929.00
2014-09-30 3,119.00 33.00 960.00
2014-06-30 2,992.00 49.00 959.00
2014-03-31 2,958.00 60.00 955.00
2013-12-31 2,859.00 12.00 941.00
2013-09-30 2,707.00 51.00 903.00
2013-06-30 2,722.00 -5.00 914.00
2013-03-31 2,722.00 18.00 906.00
2012-12-31 2,717.00 35.00 927.00

*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.
  • Chuokeizai-Sha Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chuokeizai-Sha Holdings used its assets less efficiently than the US Media industry average last year based on Return on Assets.
  • Chuokeizai-Sha Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chuokeizai-Sha 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 Media 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.
Chuokeizai-Sha Holdings has a total score of 1/6, see the detailed checks below.

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

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

Health

 How is Chuokeizai-Sha 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 Chuokeizai-Sha Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chuokeizai-Sha Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chuokeizai-Sha Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chuokeizai-Sha 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.
  • High level of physical assets or inventory.
  • Chuokeizai-Sha Holdings has no debt, it does not need to be covered by short term assets.
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 Chuokeizai-Sha Holdings Company Filings, last reported 3 months ago.

OTCPK:CKZA.F Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 3,946.00 0.00 1,686.00
2019-03-31 3,972.00 0.00 1,611.00
2018-12-31 3,933.00 0.00 1,677.00
2018-09-30 4,005.00 0.00 1,668.00
2018-06-30 3,965.00 0.00 1,739.00
2018-03-31 3,975.00 0.00 1,613.00
2017-12-31 3,934.00 0.00 1,716.00
2017-09-30 3,973.00 0.00 1,712.00
2017-06-30 3,964.00 0.00 1,956.00
2017-03-31 3,931.00 0.00 1,873.00
2016-12-31 3,882.00 0.00 1,901.00
2016-09-30 3,913.00 0.00 1,859.00
2016-06-30 3,844.00 0.00 1,888.00
2016-03-31 3,862.00 0.00 1,795.00
2015-12-31 3,854.00 0.00 1,900.00
2015-09-30 3,892.00 0.00 1,675.00
2015-06-30 3,827.00 0.00 1,733.00
2015-03-31 3,828.00 0.00 1,595.00
2014-12-31 3,775.00 0.00 1,564.00
2014-09-30 3,826.00 0.00 1,584.00
2014-06-30 3,788.00 0.00 1,624.00
2014-03-31 3,822.00 0.00 1,502.00
2013-12-31 3,772.00 0.00 1,538.00
2013-09-30 3,818.00 2.00 1,611.00
2013-06-30 3,773.00 0.00 1,735.00
2013-03-31 3,789.00 0.00 1,661.00
2012-12-31 3,776.00 0.00 1,739.00
  • Chuokeizai-Sha Holdings has no debt.
  • Chuokeizai-Sha Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Chuokeizai-Sha Holdings has no debt, it does not need to be covered by operating cash flow.
  • Chuokeizai-Sha Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Chuokeizai-Sha 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. Chuokeizai-Sha Holdings has a total score of 6/6, 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 Chuokeizai-Sha 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
2.04%
Current annual income from Chuokeizai-Sha Holdings dividends.
If you bought $2,000 of Chuokeizai-Sha Holdings shares you are expected to receive $41 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?
  • Chuokeizai-Sha Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Chuokeizai-Sha Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.77%).
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
OTCPK:CKZA.F 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
United States of America Media Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

OTCPK:CKZA.F Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
OTCPK:CKZA.F Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-12-14 10.000 2.097
2018-11-08 10.000 1.851
2017-12-15 10.000 1.865
2017-11-09 10.000 1.920
2016-12-16 10.000 2.222
2016-11-10 10.000 2.477
2015-12-18 10.000 2.505
2015-11-06 10.000 2.311
2014-12-17 10.000 2.268
2014-11-07 10.000 2.333
2013-12-17 10.000 2.475
2013-11-08 10.000 2.718
2012-12-19 10.000 2.996
2012-11-09 10.000 3.302
2012-05-09 13.000 4.028
2012-02-08 13.000 3.752
2011-12-16 13.000 3.884
2011-11-09 13.000 4.043
2011-08-04 13.000 3.922
2011-02-08 13.000 3.944
2010-12-16 13.000 3.765
2010-11-09 13.000 3.975
2010-08-05 13.000 3.955
2010-05-11 13.000 3.714
2009-12-17 13.000 3.264
2009-11-10 13.000 3.299
2009-08-06 13.000 3.095
2008-12-18 13.000 3.782

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 fallen over the past 10 years.
Current Payout to shareholders
What portion of Chuokeizai-Sha Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x 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 Chuokeizai-Sha 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 Chuokeizai-Sha Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chuokeizai-Sha Holdings 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 Chuokeizai-Sha 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
Norio Yamamoto
AGE 50
TENURE AS CEO 9.8 years
CEO Bio

Mr. Norio Yamamoto has been the President of Chuokeizai-Sha Inc., since December 2009. Mr. Yamamoto joined Chuokeizai-Sha Inc., in July 2001 and served as its Vice President since October 2002. He has been a Representative Director of Chuokeizai-Sha Inc., since December 2001.

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

Average tenure and age of the Chuokeizai-Sha Holdings management team in years:

10.3
Average Tenure
60
Average Age
  • The average tenure for the Chuokeizai-Sha Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Norio Yamamoto

TITLE
President and Representative Director
AGE
50
TENURE
9.8 yrs

Souichi Akiyama

TITLE
Editor In Chief
AGE
56
TENURE
12.4 yrs

Kazushige Kosakai

TITLE
Senior Managing Director
AGE
64
TENURE
10.8 yrs

Tokio Yamamoto

TITLE
Supreme Advisor and Representative Director
AGE
88
TENURE
9.8 yrs
Board of Directors Tenure

Average tenure and age of the Chuokeizai-Sha Holdings board of directors in years:

8.8
Average Tenure
70
Average Age
  • The tenure for the Chuokeizai-Sha Holdings board of directors is about average.
Board of Directors

Kei Yamamoto

TITLE
Chairman
AGE
54
TENURE
9.8 yrs

Norio Yamamoto

TITLE
President and Representative Director
AGE
50
TENURE
9.8 yrs

Tokio Yamamoto

TITLE
Supreme Advisor and Representative Director
AGE
88
TENURE
45.7 yrs

Takeshi Matsuo

TITLE
External Director
AGE
80
TENURE
3.8 yrs

Toshio Taji

TITLE
Corporate Auditor
AGE
75

Kazumi Narusawa

TITLE
External Auditor
AGE
68
TENURE
7.8 yrs

Akio Yamaguchi

TITLE
External Standing Corporate Auditor
AGE
70
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Chuokeizai-Sha 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. Chuokeizai-Sha 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

Chuokeizai-Sha Holdings, Inc. engages in publishing business in Japan. It publishes books and magazines related to law, economy, management, accounting, taxation, qualification examinations, and other social science. The company was formerly known as Chuokeizai-Sha, Inc. and changed its name to Chuokeizai-Sha Holdings, Inc. in January 2016. Chuokeizai-Sha Holdings, Inc. was founded in 1948 and is headquartered in Tokyo, Japan.

Details
Name: Chuokeizai-Sha Holdings, Inc.
CKZA.F
Exchange: OTCPK
Founded: 1948
¥16,805,666
3,730,583
Website: http://www.chuokeizai.co.jp
Address: Chuokeizai-Sha Holdings, Inc.
1-31-2, Kanda-Jimbocho,
Chiyoda-Ku,
Tokyo,
101-0051,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JASDAQ 9476 Common Stock TSE JASDAQ JP JPY 06. Jun 1997
OTCPK CKZA.F Common Stock Pink Sheets LLC US USD 06. Jun 1997
Number of employees
Current staff
Staff numbers
104
Chuokeizai-Sha Holdings employees.
Industry
Publishing
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/14 02:14
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2018/11/08
Last earnings filing: 2019/08/02
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/09/30


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.