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Producer Manufacturing

THK CO., LTD.

Business Summary

THK CO., LTD. engages in the manufacture and sale of components for industrial and transportation equipment. It offers machinery parts such as linear motion guides and ball screws, and transportation equipment parts such as link ball and suspension ball joints. It operates through the following geographical segments: Japan, Americas, Europe, China, and Others. The company was founded by Hiroshi Teramachi on April 10, 1971 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue318,188M2,895.95M
Gross Profit76,539M696.61M
Operating income28,766M261.81M
Income before tax29,626M269.63M
Net income23,007M209.39M
EBITDA47,514M432.44M
Diluted EPS181.961.65
Dividends Per Share600.54
Total Assets516,086M4,481.66M
Total liabilities201,793M1,752.35M
Total equity304,555M2,644.73M
Operating cash flow15,643M142.37M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 382,136.37M 344,718M 274,599M 218,998M 318,188M
Gross Profit 92,633.10M 98,514M 63,874M 42,819M 76,539M
Operating income 39,038.56M 50,474M 18,032M 1,598M 28,766M
Income before tax 41,378.56M 52,262M 18,168M -9,885M 29,626M
Net income 34,305.24M 36,100M 11,691M -9,992M 23,007M
EBITDA 57,830.52M 67,074M 36,117M 20,273M 47,514M
Diluted EPS 271.62 285.22 92.36 -78.94 181.96
Dividends Per Share 103 85 32 15 60
Total Assets 436,664M 471,369M 468,945M 460,173M 516,086M
Total liabilities 154,910M 182,087M 177,809M 185,021M 201,793M
Total equity 270,948M 278,217M 280,344M 266,491M 304,555M
Operating cash flow 25,613M 56,500M 28,383M 25,399M 15,643M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 3,407.86M 3,121.23M 2,519.00M 2,051.14M 2,895.95M
Gross Profit 826.09M 891.99M 585.94M 401.04M 696.61M
Operating income 348.14M 457.01M 165.41M 14.96M 261.81M
Income before tax 369.01M 473.20M 166.66M -92.58M 269.63M
Net income 305.93M 326.86M 107.24M -93.58M 209.39M
EBITDA 515.72M 607.31M 331.31M 189.87M 432.44M
Diluted EPS 2.42 2.58 0.84 -0.73 1.65
Dividends Per Share 0.91 0.76 0.29 0.14 0.54
Total Assets 3,876.28M 4,296.30M 4,315.11M 4,457.09M 4,481.66M
Total liabilities 1,375.14M 1,659.63M 1,636.15M 1,792.05M 1,752.35M
Total equity 2,405.21M 2,535.81M 2,579.65M 2,581.15M 2,644.73M
Operating cash flow 228.41M 511.57M 260.36M 237.88M 142.37M

Valuation Measures

Dec 2021
PER15.23
ROA4.71%
ROE8.05%
Operating margin9.04%
Profit margin7.23%

Key executives

  • President, CEO & Representative Director: Akihiro Teramachi
  • Chief Financial Officer, Director & Vice President: Hiroshi Imano
  • Director, Chief Information Officer & VP: Toshihiro Teramachi
  • Executive Officer & Deputy General Manager-Sales: Yukio Yamada
  • Director, Managing Executive Officer & GM-Sales: Junji Shimomaki

Shareholders

  • THK CO., LTD. (5.6%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • TERAMACHI AKIHIRO (4.6%)
  • Lazard Asset Management LLC (4.2%)
  • FIL Investments (Japan) Ltd. (4.1%)
  • Asset Management One Co., Ltd. (4.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
  • Lazard Japan Asset Management KK (2.5%)
  • The Vanguard Group, Inc. (2.2%)
  • T. Rowe Price Associates, Inc. (Investment Management) (2.0%)

Contact Details

  • Website:http://www.thk.com/jp
  • Address: 2-12-10 Shibaura, Minato-Ku, Tokyo, 108-8506, Japan
  • Phone: +81.3.5730.3911

Related Companies

  • THK Restricted Stock Compensation Plan
  • THK Finance Unlimited Co.
  • THK Capital Unlimited Co.
  • TRA Holdings KK
  • THK RHYTHM AUTOMOTIVE CZECH as
  • THK RHYTHM AUTOMOTIVE GmbH
  • THK Rhythm Automotive Canada Ltd.
  • THK Rhythm Automotive Michigan Corp.
  • THK Manufacturing of China Changzhou Co., Ltd.
  • THK Europe GmbH (Italian Branch)
  • THK Prague
  • THK UK
  • THK Rhythm Mexicana Engineering SA de CV
  • THK Rhythm Guangzhou Co., Ltd.
  • THK Brasil Ltda.
  • THK Manufacturing of Vietnam Co., Ltd.
  • THK India Pvt Ltd.
  • THK Rhythm (Changzhou) Co., Ltd.
  • THK Rhythm Mexicana SA de CV
  • THK Rhythm (Thailand) Co., Ltd.
  • THK Rhythm Malaysia Sdn. Bhd.
  • TRW Automotive, Inc. /Linkage & Suspension Bus/
  • Beldex KOREA Corp.
  • THK LM System Pte Ltd.
  • PGM Ballscrews Ltd.
  • Dalian THK Co., Ltd.
  • THK (China) Co., Ltd.
  • THK Manufacturing of China (Liaoning) Co., Ltd.
  • THK Manufacturing of China (Wuxi) Co., Ltd.
  • THK (Shanghai) Co., Ltd.

Competitors

  • TBI MOTION TECHNOLOGY CO LTD
  • Chieftek Precision Co., Ltd.
  • Koninklijke BAM Groep NV
Last Updated on 26 Sep, 2022

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