Producer Manufacturing

F-Tech, Inc.

In the news

China factories limp back to life a month after coronavirus hiatus Mar 11, 2020
Japan autoparts suppliers lightening the load Jul 9, 2016
Robots on the rise at Japanese plants in China Jan 5, 2016

Business Summary

F-Tech Inc. engages in the development, design, manufacture and sale of automotive parts and related machinery equipment. Its products include pedals, lower arms and trailing arms, sub-frames, suspension modules and others. The company was founded on July 1, 1947 and is headquartered in Kuki, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	191,892M	1,707.63M
Gross Profit	15,602M	138.84M
Operating income	1,144M	10.18M
Income before tax	1,347M	11.98M
Net income	209M	1.85M
EBITDA	11,725M	104.34M
Diluted EPS	11.24	0.10
Dividends Per Share	10	0.08
Total Assets	160,931M	1,325.89M
Total liabilities	100,349M	826.76M
Total equity	45,106M	371.62M
Operating cash flow	1,794M	15.96M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	226,060M	235,361M	218,712M	183,647M	191,892M
Gross Profit	23,664M	22,857M	19,513M	16,476M	15,602M
Operating income	6,857M	6,582M	4,089M	3,073M	1,144M
Income before tax	5,908M	3,943M	3,042M	1,324M	1,347M
Net income	4,710M	2,844M	329M	-1,164M	209M
EBITDA	18,523M	18,301M	14,979M	13,105M	11,725M
Diluted EPS	252.11	152.26	17.56	-62.57	11.24
Dividends Per Share	20	20	20	8	10
Total Assets	150,426M	137,010M	134,038M	136,714M	160,931M
Total liabilities	94,370M	80,175M	79,740M	81,679M	100,349M
Total equity	40,172M	41,845M	40,136M	40,306M	45,106M
Operating cash flow	10,616M	23,141M	10,539M	9,956M	1,794M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,039.65M	2,122.38M	2,011.59M	1,731.58M	1,707.63M
Gross Profit	213.51M	206.11M	179.46M	155.34M	138.84M
Operating income	61.86M	59.35M	37.60M	28.97M	10.18M
Income before tax	53.30M	35.55M	27.97M	12.48M	11.98M
Net income	42.49M	25.64M	3.02M	-10.97M	1.85M
EBITDA	167.12M	165.03M	137.76M	123.56M	104.34M
Diluted EPS	2.27	1.37	0.16	-0.59	0.10
Dividends Per Share	0.18	0.18	0.18	0.07	0.08
Total Assets	1,414.44M	1,237.83M	1,241.60M	1,237.23M	1,325.89M
Total liabilities	887.35M	724.35M	738.64M	739.17M	826.76M
Total equity	377.73M	378.05M	371.78M	364.76M	371.62M
Operating cash flow	95.78M	208.67M	96.93M	93.87M	15.96M

Valuation Measures

Mar 2022
PER	48.46
ROA	0.14%
ROE	0.48%
Operating margin	0.59%
Profit margin	0.10%

Key executives

President & Representative Director: Yuichi Fukuda
Managing Executive Officer & GM-Engineering: Kazuhiko Ogawa
Director & General Manager-Administration: Hiroyuki Aoki
Managing Executive Officer & GM-Purchasing: Makoto Hasegawa
Director & Senior Managing Executive Officer: Hajime Fujitaki

Shareholders

Honda Motor Co., Ltd. (13.6%)
FUKUDA AKIHIDE (4.7%)
F-Tech Scholarship Foundation (4.2%)
Resona Holdings, Inc. (3.1%)
Dimensional Fund Advisors LP (2.7%)
Eastspring Investments (Singapore) Ltd. (2.3%)
Nomura Asset Management Co., Ltd. (2.2%)
FUKUDA JUNKO /F TECH/ (1.9%)
Mizuho Financial Group, Inc. (1.9%)
Sumitomo Corp. (1.8%)

Contact Details

Website:http://www.ftech.co.jp
Address: 19 Showanuma, Shobu-cho, Kuki, 346-0194, Japan
Phone: +81.480.85.5211

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Competitors

Magna International Inc.

Last Updated on 12 Aug, 2022