Non-Energy Minerals

Tokyo Tekko Co., Ltd.

Business Summary

Tokyo Tekko Co., Ltd. engages in the production and sale of steel bars and processed products. It operates through Steel Business and Others segments. The Steel Business segment offers steel bars for concrete reinforcement, mechanical joints, mechanical anchorages, and rebar-processing products. The Others segment includes freight transportation and equipment maintenance services. The company was founded on June 23, 1939 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	79,229M	584.64M
Gross Profit	11,947M	88.15M
Operating income	4,356M	32.14M
Income before tax	5,222M	38.53M
Net income	3,657M	26.98M
EBITDA	6,452M	47.61M
Diluted EPS	405.18	2.98
Dividends Per Share	110	0.81
Total Assets	69,773M	524.25M
Total liabilities	23,620M	177.47M
Total equity	46,090M	346.30M
Operating cash flow	6,879M	50.76M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	64,443M	58,984M	62,391M	66,089M	79,229M
Gross Profit	7,891M	12,820M	15,110M	6,966M	11,947M
Operating income	575M	5,484M	7,515M	-192M	4,356M
Income before tax	3,398M	5,328M	7,232M	-5,239M	5,222M
Net income	3,144M	3,993M	4,980M	-4,723M	3,657M
EBITDA	2,900M	7,807M	10,034M	2,376M	6,452M
Diluted EPS	337.53	428.12	533.97	-518.04	405.18
Dividends Per Share	20	60	70	20	110
Total Assets	58,789M	57,804M	65,629M	63,636M	69,773M
Total liabilities	19,424M	14,698M	17,586M	21,219M	23,620M
Total equity	39,305M	43,041M	47,979M	42,348M	46,090M
Operating cash flow	661M	7,665M	7,894M	-5,104M	6,879M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	581.11M	542.50M	588.27M	588.12M	584.64M
Gross Profit	71.15M	117.91M	142.46M	61.99M	88.15M
Operating income	5.18M	50.43M	70.85M	-1.70M	32.14M
Income before tax	30.64M	49.00M	68.18M	-46.62M	38.53M
Net income	28.35M	36.72M	46.95M	-42.02M	26.98M
EBITDA	26.15M	71.80M	94.60M	21.14M	47.61M
Diluted EPS	3.04	3.93	5.03	-4.61	2.98
Dividends Per Share	0.18	0.55	0.66	0.17	0.81
Total Assets	531.13M	535.44M	593.92M	524.29M	524.25M
Total liabilities	175.48M	136.14M	159.14M	174.82M	177.47M
Total equity	355.10M	398.69M	434.19M	348.90M	346.30M
Operating cash flow	5.96M	70.49M	74.43M	-45.42M	50.76M

Valuation Measures

Mar 2023
PER	4.31
ROA	5.48%
ROE	8.27%
Operating margin	5.49%
Profit margin	4.61%

Key executives

President & Representative Director: Tsunebumi Yoshihara
Director, Executive Officer & Personnel Manager: Tadashi Kakinuma
Executive Officer: Haruo Taki
Director & Senior Executive Officer: Tatsuya Mukasa
Managing Director & Head-Production: Yoshinari Tanaka

Shareholders

Fidelity Management & Research Co. LLC (8.7%)
Godo Steel, Ltd. (6.8%)
Sumitomo Mitsui Financial Group, Inc. (4.8%)
Tokyo Tekko Co., Ltd. (3.5%)
Nomura Asset Management Co., Ltd. (3.4%)
Dimensional Fund Advisors LP (2.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.6%)
Nikko Asset Management Co., Ltd. (1.9%)
Tokyo Tekko Emplyee Stock Ownership Plan (1.7%)
Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

Website:http://www.tokyotekko.co.jp
Address: Stage Building, 10, 11 & 12/F, 2-7-2 Fujimi, Tokyo, 102-0071, Japan
Phone: +81.3.5276.9700

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Competitors

Last Updated on 30 May, 2023