HAKUTO Reports Fiscal Year Earnings Results and Third Quarter Update

Earnings Overview

For the fiscal year ending December 31 2022, HAKUTO ($TSE:7433) reported total revenue of JPY 2.3 billion, representing a 66.4% increase compared to the same period in the previous year. Net income also grew 25.5% year over year, amounting to JPY 60.3 billion for the third quarter ending February 9 2023.

Market Price

On Thursday, Japanese technology company HAKUTO reported its fiscal year earnings results and a third quarter update. The stock opened at JP¥4565.0 and closed at JP¥4585.0, down by 0.6% from previous closing price of 4615.0. Looking ahead, HAKUTO plans to continue focusing on developing new products, improving their cost structure and investing in research and development, in order to maximize shareholder returns and position the company for future growth. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Hakuto. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Hakuto. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hakuto. More…

Key Ratios Snapshot

Some of the financial key ratios for Hakuto are shown below. More…

Analysis

At GoodWhale, we strive to help people make wise investments. When we took an in-depth look at HAKUTO‘s financials, we identified 3 risk warnings in the company’s income statement, balance sheet, and cashflow statement. If you’re interested in learning more about these risks, feel free to sign up for a GoodWhale account to access our detailed analysis. More…

Peers

All four companies have been in the electronics industry for many years and have carved out their own niche in the market.

– Tamura Corp ($TSE:6768)

Tamura Corp is a diversified global company that specializes in the production and sale of electronic components and semiconductors. Its market cap of 61.86B as of 2023 signifies its financial strength and market position, making it one of the leading companies in its industry. Its Return on Equity of 3.1% indicates that it has been able to generate a healthy profit margin from its investments, while also maintaining a strong financial position. Tamura Corp has been able to maintain its impressive market cap and ROE by focusing on innovation and consistently providing customers with the highest quality products and services.

– Yageo Corp ($TWSE:2327)

Yageo Corporation is a global leader in providing passive components, such as resistors and capacitors, to the electronics industry. The company has a market cap of 188.98B as of 2023 and has a respectable Return on Equity of 16.64%. This indicates that Yageo is able to generate a substantial amount of profit from its investments into the industry. The company continues to be a driving force in the electronics industry, thanks to its expansive portfolio of products and consistent performance.

– Taiwan Chinsan Electronic Industrial Co Ltd ($TPEX:8042)

Taiwan Chinsan Electronic Industrial Co Ltd is a technology company that specializes in the production of high-end electronic components. With a market cap of 4.62B as of 2023, the company has a large presence in the electronics market. The company also has a healthy return on equity of 4.82%, indicating that it is creating value for its shareholders while managing its assets efficiently.

Summary

HAKUTO reported strong financial results for the fiscal year ending December 31 2022 and third quarter ending February 9 2023. Total revenue reached JPY 2.3 billion, a 66.4% YOY increase, while net income increased 25.5% YOY to JPY 60.3 billion. This is positive news for investors in HAKUTO, as the company continues to expand its operations and deliver value to shareholders.

Other indicators, including cash flow from operations and returning cash to shareholders through dividends, are likely to remain strong as well. Overall, HAKUTO provides a compelling investment opportunity for those looking for growth and steady returns.