Reading the tape
JPX: 7874.T
LEC, Inc.
Consumer Cyclical · Furnishings, Fixtures & Appliances
Market Cap
¥34.14B
52w High
¥1,315.00
52w Low
¥1,000.00
P/E
12.98
Volume
35.60K
Outstanding Shares
32.73M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -16.47%Revenue (TTM): 5.45%P/E: 21st pct
What changed
The stock fell 16.47% over the last year. Revenue grew 5.45% over the trailing twelve months. Operating margin moved from 3.09% to 6.42%.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 21st percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 6.42%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
LEC, Inc. manufactures and exports household products in Japan.
CEOMitsuo Aoki
SectorConsumer Cyclical
IndustryFurnishings, Fixtures & Appliances
Employees946
IPO dateMar 22, 2001
Valuation
Forward P/E—
EV/EBITDA8.81
Enterprise value$55.32B
Stock splits
Sep 26, 2018↑ Forward
Every 1 shares became 2
Mar 29, 2017↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth2.89%
Gross margin29.9%▼1.20%vs FY2024
Operating margin6.42%▲52.62%vs FY2024
ROE4.99%▲124.39%vs FY2024
Analyst consensus
Rating—
Target price—
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 15, 2026
Q2 FY26 · EPS est — · Revenue est —
View
Dividends
$27.00/shareSemi-annual3yr growth streakSafe7874.T pays a dividend with a 2.59% dividend yield, 3 consecutive years of growth, covered 4.0× by free cash flow.
Dividend Yield
2.59%
Annual Div / Share
$27.00
5yr CAGR
-4.51%
Dividend has been cut
Payout Ratio
39.25%
Safe
Dividend Growth Rate
3yr CAGR
+10.52%
5yr CAGR
-4.51%
10yr CAGR
+10.44%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$27.00+35.0%
2025$20.00+0.0%
2024$20.00+0.0%
2023$20.00-33.3%
2022$30.00-11.8%
2021$34.00+100.0%
2020$17.00-30.6%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$26/yr
$2/mo
In 5 yrs
$26/yr
$2/mo
In 10 yrs
$26/yr
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$26/yr $2/mo | $26/yr $2/mo | $26/yr $2/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 4.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -4.51% is negative, indicating the payout has been cut over this period.