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Producer Manufacturing

TOKAI RIKA CO., LTD.

Business Summary

TOKAI RIKA CO., LTD. engages in the manufacture and sales of automotive and electronic parts. Its products include switches for automobiles, key locks, seat belts, shift levers, steering wheels, connectors, mirrors, plastic wheel covers, and ornaments. It operates through the following segments: Japan, North America, Asia, and Others. The company was founded on August 30, 1948 and is headquartered in Niwa, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue500,002M4,598.74M
Gross Profit64,339M591.75M
Operating income22,598M207.84M
Income before tax22,914M210.75M
Net income15,068M138.58M
EBITDA42,473M390.64M
Diluted EPS165.111.51
Dividends Per Share620.57
Total Assets378,489M3,505.98M
Total liabilities137,461M1,273.31M
Total equity228,375M2,115.46M
Operating cash flow40,346M371.08M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 476,202M 459,070M 481,945M 507,645M 500,002M
Gross Profit 72,830M 64,584M 67,627M 71,403M 64,339M
Operating income 34,608M 30,523M 30,871M 29,619M 22,598M
Income before tax 11,719M 9,882M 30,096M 26,273M 22,914M
Net income 5,591M -4,335M 22,014M 18,091M 15,068M
EBITDA 54,365M 50,867M 51,840M 51,038M 42,473M
Diluted EPS 61.28 -47.54 241.24 198.24 165.11
Dividends Per Share 60 60 64 64 62
Total Assets 363,343M 368,666M 377,002M 387,556M 378,489M
Total liabilities 141,593M 156,320M 144,872M 146,118M 137,461M
Total equity 210,653M 201,073M 220,072M 228,835M 228,375M
Operating cash flow 20,747M 33,497M 20,826M 37,919M 40,346M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 3,965.56M 4,239.36M 4,348.41M 4,577.72M 4,598.74M
Gross Profit 606.49M 596.41M 610.17M 643.88M 591.75M
Operating income 288.19M 281.87M 278.53M 267.09M 207.84M
Income before tax 97.58M 91.25M 271.54M 236.91M 210.75M
Net income 46.55M -40.03M 198.62M 163.13M 138.58M
EBITDA 452.72M 469.74M 467.73M 460.23M 390.64M
Diluted EPS 0.51 -0.43 2.17 1.78 1.51
Dividends Per Share 0.49 0.55 0.57 0.57 0.57
Total Assets 3,232.73M 3,308.49M 3,544.91M 3,501.43M 3,505.98M
Total liabilities 1,259.78M 1,402.85M 1,362.21M 1,320.12M 1,273.31M
Total equity 1,874.22M 1,804.47M 2,069.31M 2,067.44M 2,115.46M
Operating cash flow 172.77M 309.33M 187.90M 341.93M 371.08M

Valuation Measures

Mar 2020
PER8.15
ROA3.93%
ROE6.59%
Operating margin4.51%
Profit margin3.01%

Key executives

  • Executive President & Representative Director: Hiroyoshi Ninoyu
  • Representative Director & Manager-Technology: Kouki Sato
  • Representative Director & Vice President: Kazuhiko Noguchi
  • Director & Executive Officer: Masato Hotta
  • Director & Managing Executive Officer: Shigeru Hayashi

Shareholders

  • Toyota Motor Corp. (31.1%)
  • DENSO Corp. (9.4%)
  • TOKAI RIKA CO., LTD. (3.1%)
  • Schroder Investment Management Ltd. (2.4%)
  • Dai-ichi Life Holdings, Inc. (2.4%)
  • Morant Wright Management Ltd. (2.2%)
  • Dimensional Fund Advisors LP (1.9%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • Tokai Rika Employee Stock Ownership Plan (1.5%)
  • The Vanguard Group, Inc. (1.4%)

Contact Details

Related Companies

  • Tokai Rika Restricted Stock Compensation Plan
  • TRBR Industoria e Comercio Ltda.
  • PT Tokai Rika Indonesia
  • Tokai Rika Asia Co. Ltd.
  • Tianjin Tokairika Automotive Parts Co., Ltd.
  • PT Tokai Rika Safety Indonesia
  • TRMAC Engineering Co., Ltd.
  • Foshan Tokairika Automotive Parts Co. Ltd.
  • Tokai Rika (Thailand) Co. Ltd.
  • TRAM, Inc.
  • Tokai Rika Belgium NV
  • Tokai Rika Trust
  • STF Co. Ltd.
  • U-Chang Precision Co., Ltd.
  • Tokairika Eretekku KK
  • TRCZ sro
  • Thai Seat Belt Co., Ltd.
  • TRP, Inc.
  • Tokai Rika Business Association
  • TRMI, Inc.
  • TRIN, Inc.
  • Toyota Motor Corp. /Auto Dimming Mirror Ops/
  • Tokai Rika Employee Stock Ownership Plan
  • Rica Auto Parts Co. Ltd.
  • TRQSS, Inc.

Competitors

  • Gentex Corporation
  • STRATTEC SECURITY CORPORATION
  • Autoliv Inc.
Last Updated on 4 Dec, 2020

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