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Consumer Durables

TEAC Corp.

Business Summary

TEAC Corp. engages in the development and production of audio and information equipment. It operates through the following segments: Audio Equipment, Information Equipment, and Others. The Audio Equipment segment manufactures high resolution audio playback equipment, multitrack recorder, universal serial bus audio interface memory recorder, and players. The Information Equipment segment produces aircraft recorder, transducer, data recorder, medical image recording and reproducing device, nursing care system, and industrial optical drives. The Others segment deals with electronic manufacturing service. The company was founded on August 26, 1953 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue16,004M142.41M
Gross Profit6,772M60.26M
Operating income645M5.73M
Income before tax481M4.28M
Net income392M3.48M
EBITDA1,132M10.07M
Diluted EPS13.600.12
Dividends Per Share00
Total Assets10,081M83.05M
Total liabilities7,613M62.72M
Total equity2,468M20.33M
Operating cash flow-153M-1.36M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 17,016M 15,682M 14,745M 14,589M 16,004M
Gross Profit 6,916M 6,648M 6,472M 6,257M 6,772M
Operating income 314M 370M 247M 367M 645M
Income before tax 324M 291M 69M 342M 481M
Net income 249M 51M 27M 301M 392M
EBITDA 634M 639M 813M 920M 1,132M
Diluted EPS 8.60 1.77 0.93 10.44 13.60
Dividends Per Share 0 0 0 0 0
Total Assets 10,285M 9,316M 9,540M 9,651M 10,081M
Total liabilities 9,373M 7,997M 8,122M 7,807M 7,613M
Total equity 825M 1,146M 1,323M 1,844M 2,468M
Operating cash flow -12M -314M 158M 866M -153M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 153.52M 141.41M 135.61M 137.55M 142.41M
Gross Profit 62.40M 59.94M 59.52M 58.99M 60.26M
Operating income 2.83M 3.33M 2.27M 3.46M 5.73M
Income before tax 2.92M 2.62M 0.63M 3.22M 4.28M
Net income 2.24M 0.45M 0.24M 2.83M 3.48M
EBITDA 5.72M 5.76M 7.47M 8.67M 10.07M
Diluted EPS 0.07 0.01 0.00 0.09 0.12
Dividends Per Share 0 0 0 0 0
Total Assets 96.70M 84.16M 88.37M 87.33M 83.05M
Total liabilities 88.13M 72.25M 75.23M 70.65M 62.72M
Total equity 7.75M 10.35M 12.25M 16.68M 20.33M
Operating cash flow -0.10M -2.83M 1.45M 8.16M -1.36M

Valuation Measures

Mar 2022
PER8.67
ROA3.97%
ROE18.18%
Operating margin4.03%
Profit margin2.44%

Key executives

  • President, CEO & Representative Director: Yuji Hanabusa
  • Chief Financial Officer & Director: Yoshihide Nomura
  • Executive Officer & General Manager-Development: Shinya Yoshino
  • Executive Officer & Head-North America: Koichiro Nakamura
  • Executive Officer & Manager-Corporate Planning: Nobuo Wada

Shareholders

  • Nomura Asset Management Co., Ltd. (3.5%)
  • YAMASHITA YOSHIHISA (2.5%)
  • Daiwa Asset Management Co. Ltd. (1.4%)
  • Nikko Asset Management Co., Ltd. (1.4%)
  • ANDO OSAMU (1.3%)
  • KAMEI SAWAKO (0.7%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.6%)
  • TEAC Corp. (0.4%)
  • Asset Management One Co., Ltd. (0.1%)
  • BlackRock Japan Co., Ltd. (0.1%)

Contact Details

Related Companies

  • TEAC Audio (China) Co. Ltd.
  • Teac Sales & Trading (Shenzhen) Co. Ltd.
  • TEAC Manufacturing Solutions Corp.
  • Dongguan TEAC Electronics Co. Ltd.
  • Teac Business Association
  • Dongguan Dongfa TEAC Audio Co. Ltd.
  • Teac Nederland BV
  • TEAC Instruments Corp.
  • PT Teac Electronics Indonesia
  • TEAC Canada Ltd.
  • TEAC Europe GmbH
  • Teac Singapore Pte Ltd.
  • Teac Employee Stock Ownership Plan
  • TEAC Mexico SA de CV
  • TEAC Italiana SpA
  • TEAC Deutschland GmbH
  • TEAC America, Inc.

Competitors

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