Producer Manufacturing

THK CO., LTD.

In the news

Japan's machine tool industry strained under red-hot demand Feb 21, 2018
Chinese demand driving Japanese machine tool orders toward record Dec 27, 2017
Market Scramble: Japan stock investors hot for top-line growth May 23, 2017
Market Scramble: Investors seek stocks less likely to suffer from Trump's wrath Feb 9, 2017
Machinery, materials makers cut jobs amid slowdown Nov 13, 2015

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	JPY	USD
Revenue	318,188M	2,895.95M
Gross Profit	76,539M	696.61M
Operating income	28,766M	261.81M
Income before tax	29,626M	269.63M
Net income	23,007M	209.39M
EBITDA	47,514M	432.44M
Diluted EPS	181.96	1.65
Dividends Per Share	60	0.54
Total Assets	516,086M	4,481.66M
Total liabilities	201,793M	1,752.35M
Total equity	304,555M	2,644.73M
Operating cash flow	15,643M	142.37M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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
PER	15.23
ROA	4.71%
ROE	8.05%
Operating margin	9.04%
Profit margin	7.23%

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

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THK Capital Unlimited Co.
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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