Hamamatsu Photonics KK

6965

Equity

ISIN JP3771800004 / Valor 761933

Tokyo Stock Exchange (2024-12-27)

JPY 1,753.50+1.27%

Hamamatsu Photonics KK
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Hamamatsu Photonics KK is a global leader in the development and manufacturing of photonic devices, with a significant presence in the medical, manufacturing, analysis, measurement, and academic research sectors. Since its inception, the company has been renowned for its high-sensitivity photomultiplier tubes, a product line that has evolved to capture 90% of the global market. Beyond photomultiplier tubes, Hamamatsu Photonics has diversified its product offerings to include opto-semiconductor devices, cameras, and measurement instruments, among others. With a workforce of over 5,000 employees spread across major cities in the U.S., Europe, and Asia, the company operates three research centers and seven manufacturing facilities, primarily located in the suburbs of Hamamatsu City, Japan. This strategic placement facilitates close collaboration between its research and manufacturing units, enhancing the innovation and quality of its products. Hamamatsu Photonics' commitment to excellence and its broad product range have solidified its position as a key player in the photonics industry, catering to a wide array of applications worldwide.

Summarized from source with an LLMView SourceSector: Technology

Net Sales Decline

In the first quarter of the fiscal year ending September 30, 2024, Hamamatsu Photonics KK reported net sales of JPY 53,512 million. This represents a decrease of 3.0% compared to the same period in the previous year, where net sales were JPY 55,163 million. The decline in sales was attributed to various factors, including changes in market demand and economic conditions.

Operating and Ordinary Profit

Hamamatsu Photonics KK's operating profit for the first quarter was JPY 11,480 million, marking a significant decrease of 26.0% from the previous year's JPY 15,507 million. Similarly, the ordinary profit also saw a decline, reaching JPY 11,792 million, down by 24.9% compared to the same period last year. These decreases reflect the challenges faced in maintaining profitability amidst fluctuating market conditions.

Profit Attributable to Owners

The profit attributable to owners of the parent company for the first quarter was JPY 8,945 million, which is a 21.0% decrease from the JPY 11,320 million reported in the same quarter of the previous year. This reduction in profit highlights the impact of decreased sales and increased operational costs on the company's bottom line.

Financial Position

As of December 31, 2023, Hamamatsu Photonics KK's total assets stood at JPY 397,892 million, a decrease from JPY 402,921 million at the end of the previous fiscal year. The company's net assets increased slightly to JPY 321,222 million, up from JPY 320,059 million, reflecting a stable equity ratio of 80.4% compared to 79.1% previously.

Dividend Forecast

Hamamatsu Photonics KK has maintained its dividend forecast for the fiscal year ending September 30, 2024. The company plans to distribute a total annual dividend of JPY 76.00 per share, with interim and year-end dividends of JPY 38.00 each. This decision indicates the company's commitment to providing consistent returns to its shareholders despite the current financial challenges.

Summarized from source with an LLMView Source

Key figures

-39.6%1Y

-52.2%3Y

-23.0%5Y

Performance

45.6%1Y

28.2%3Y

28.6%5Y

Volatility