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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 2021 JPYUSD
Revenue440,061M4,149.27M
Gross Profit52,124M491.46M
Operating income14,046M132.43M
Income before tax19,108M180.16M
Net income12,026M113.39M
EBITDA32,612M307.49M
Diluted EPS131.761.24
Dividends Per Share500.47
Total Assets419,259M3,794.19M
Total liabilities148,979M1,348.22M
Total equity255,253M2,309.98M
Operating cash flow34,682M327.01M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 459,070M 481,945M 507,645M 500,002M 440,061M
Gross Profit 64,584M 67,627M 71,403M 64,339M 52,124M
Operating income 30,523M 30,871M 29,619M 22,598M 14,046M
Income before tax 9,882M 30,096M 26,273M 22,914M 19,108M
Net income -4,335M 22,014M 18,091M 15,068M 12,026M
EBITDA 50,867M 51,840M 51,038M 42,473M 32,612M
Diluted EPS -47.54 241.24 198.24 165.11 131.76
Dividends Per Share 60 64 64 62 50
Total Assets 368,666M 377,002M 387,556M 378,489M 419,259M
Total liabilities 156,320M 144,872M 146,118M 137,461M 148,979M
Total equity 201,073M 220,072M 228,835M 228,375M 255,253M
Operating cash flow 33,497M 20,826M 37,919M 40,346M 34,682M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 4,239.36M 4,348.41M 4,577.72M 4,598.74M 4,149.27M
Gross Profit 596.41M 610.17M 643.88M 591.75M 491.46M
Operating income 281.87M 278.53M 267.09M 207.84M 132.43M
Income before tax 91.25M 271.54M 236.91M 210.75M 180.16M
Net income -40.03M 198.62M 163.13M 138.58M 113.39M
EBITDA 469.74M 467.73M 460.23M 390.64M 307.49M
Diluted EPS -0.43 2.17 1.78 1.51 1.24
Dividends Per Share 0.55 0.57 0.57 0.57 0.47
Total Assets 3,308.49M 3,544.91M 3,501.43M 3,505.98M 3,794.19M
Total liabilities 1,402.85M 1,362.21M 1,320.12M 1,273.31M 1,348.22M
Total equity 1,804.47M 2,069.31M 2,067.44M 2,115.46M 2,309.98M
Operating cash flow 309.33M 187.90M 341.93M 371.08M 327.01M

Valuation Measures

Mar 2021
PER14.23
ROA3.01%
ROE4.97%
Operating margin3.19%
Profit margin2.73%

Key executives

  • Executive President & Representative Director: Hiroyoshi Ninoyu
  • Representative Director & Manager-Technology: Kouki Sato
  • Director & Executive Officer: Masato Hotta
  • Director & Managing Executive Officer: Shigeru Hayashi
  • Director & General Manager-Sales: Masahiko Sato

Shareholders

  • Toyota Motor Corp. (31.1%)
  • DENSO Corp. (9.4%)
  • TOKAI RIKA CO., LTD. (3.1%)
  • Dai-ichi Life Holdings, Inc. (2.4%)
  • Morant Wright Management Ltd. (2.0%)
  • Nomura Asset Management Co., Ltd. (1.8%)
  • Dimensional Fund Advisors LP (1.7%)
  • Tokai Rika Employee Stock Ownership Plan (1.6%)
  • The Vanguard Group, Inc. (1.2%)
  • Tokai Rika Business Association (1.1%)

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 2 Dec, 2021

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