ASHIMORI INDUSTRY CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 9,154.63
Dividend & Yield100.00¥ (9.50%)
Beta 0.98
Market capitalization 6.19B
Operating cash flow N/A
ESG Scores unknown

Company description

Ashimori Industry Co., Ltd. manufactures and sells automotive safety systems in Japan and internationally. The company offers automotive seat belts, air bags, steering wheels, tonneau covers, electric sunshades, manual shades, and separation nets. It also provides disaster prevention materials and equipment; fire hoses; fire hydrant hoses; and hoses for golf course, water sprinkling and irrigation, and marine and irrigation use. In addition, the company offers industrial materials, including ropes and cords; wide-woven textiles and silica screens; tapes and belts; safety harnesses, carrier cable ropes, and other fall-prevention equipment for use at construction sites; and trucking and logistics related products, such as air roll systems, light slider labor-saving loading/unloading equipment, NA tightener load-securing clamps for trucks, and cal-pane thermal barrier partition panels for trucks, as well as construction materials. Further, it provides pipeline automatic lining systems for rehabilitating gas, potable water, sewage, agricultural water, telecommunications signal, and electricity pipelines. The company was formerly known as Ashimori Rope Works and changed its name to Ashimori Industry Co., Ltd. in 1944. Ashimori Industry Co., Ltd. was founded in 1878 and is headquartered in Osaka, Japan.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.9
Working Capital0.06
Return On Equity0.03
Debt To Equity0.55
Fixed Asset Ratio0.01
Fixed Interest Cover3.88

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 1.32B -2.04B -176M 147M
Total Cashflows From Investing Activities -3.82B -480M -1.02B -4.19B
Net Borrowings 817M 1.22B -45M 1.75B
Total Cash From Financing Activities 560M 928M -221M 1.74B
Change To Operating Activities -108M 238M 773M -539M
Issuance Of Stock
Net Income 1.25B 2.04B -433M 510M
Change In Cash 460M 370M 2.26B -3.39B
Effect Of Exchange Rate -46M -30M 15M 80M
Total Cash From Operating Activities 3.77B -46M 3.49B -1.02B
Depreciation 2.1B 2.37B 2.22B 2B
Change To Account Receivables -855M 787M 465M -37M
Other Cashflows From Financing Activities -15M -18M -26M -15M
Change To Netincome -466M -3.83B -1.05B -869M
Capital Expenditures -3.72B -3.06B -1.55B -4.28B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 2.06B 3.6B 179M 706M
Net Income 1.25B 2.04B -433M 510M
Selling General Administrative 6.51B 6.45B 5.84B 6.2B
Gross Profit 8.74B 7.05B 6.51B 6.59B
Ebit 2.24B 600M 360M 536M
Operating Income 2.24B 600M 360M 536M
Interest Expense -178M -200M -125M -138M
Income Tax Expense 819M 1.55B 612M 196M
Total Revenue 60.98B 58.3B 51.25B 53.51B
Cost Of Revenue 52.23B 51.24B 44.74B 46.93B
Total Other Income ExpenseNet -173M 3B -181M 170M
Net Income From Continuing Ops 1.25B 2.04B -433M 510M
Net Income Applicable To Common Shares 1.25B 2.04B -433M 510M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 32.28B 31.08B 30.57B 33.02B
Total Stockholder Equity 15.38B 16.79B 16.27B 17.25B
Other Current Liabilities 4.33B 3.27B 3.08B 3.09B
Total Assets 47.67B 47.88B 46.85B 50.28B
Common Stock 8.39B 8.39B 8.39B 8.39B
Other Current Assets 1.65B 1.55B 1.29B 2.47B
Retained Earnings 5.42B 7.2B 6.61B 7.12B
Treasury Stock -69M -430M -357M 105M
Cash 3B 3.67B 5.66B 2.39B
Total Current Liabilities 21.92B 22.16B 19.86B 21.43B
Other Stockholder Equity 105M -265M -200M 256M
Property, Plant, and Equipment 14.29B 14.4B 13.56B 16.7B
Total Current Assets 29.05B 30.03B 29.74B 30.06B
Net Tangible Assets 13.71B 15.31B 15.01B 16.21B
Net Receivables 16.38B 15.58B 14.77B 14.49B
Accounts Payable 12.17B 10.47B 10.3B 10.7B


Insider Transactions

Here are the insider transactions of stock shares related to ASHIMORI INDUSTRY CO:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ASHIMORI INDUSTRY CO. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ASHIMORI INDUSTRY CO

Here is the result of two systematic investment strategies applied to ASHIMORI INDUSTRY CO. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ASHIMORI INDUSTRY CO

The following chart shows the equity curve of the two systematic investment strategies applied to ASHIMORI INDUSTRY CO:

ASHIMORI INDUSTRY CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -18.16% on the backtest period.

Performance at glance

Performance

-18.16 %

Latent gain

-2606.0 ¥

Invested capital

14354.0 ¥

Annualized return

-4.32 %
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Momentum strategy results on ASHIMORI INDUSTRY CO

This is the result of two momentum investment strategies applied to ASHIMORI INDUSTRY CO. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ASHIMORI INDUSTRY CO

The following chart shows all the entries opened by the momentum investment system on ASHIMORI INDUSTRY CO:

ASHIMORI INDUSTRY CO momentum entries
  • The first momentum investment strategy would give -2.04% of return on ASHIMORI INDUSTRY CO. That represents -200.0¥ of latent gain with 9812.0¥ of employed capital.
  • The second momentum investment strategy would give -31.17% of return on ASHIMORI INDUSTRY CO. That represents -2902.0¥ of latent gain with 9310.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-2.04 %

Latent gain

-200.0 ¥

Invested capital

9812.0 ¥

Annualized return

4.44 %
Performance at glance (2Q Momentum)

Performance

-31.17 %

Latent gain

-2902.0 ¥

Invested capital

9310.0 ¥

Annualized return

-8.38 %

Momentum equity curve on ASHIMORI INDUSTRY CO

The following chart shows the equity curve of the two momentum strategies applied to ASHIMORI INDUSTRY CO:

ASHIMORI INDUSTRY CO momentum equity

Note: the dividends potentially given by ASHIMORI INDUSTRY CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ASHIMORI INDUSTRY CO

The following chart shows the employed capital evolution of the two momentum strategies on ASHIMORI INDUSTRY CO since the beginning:

ASHIMORI INDUSTRY CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on ASHIMORI INDUSTRY CO

Buy the dip entry openings on ASHIMORI INDUSTRY CO

ASHIMORI INDUSTRY CO

The performance achieved by the robo-advisor on ASHIMORI INDUSTRY CO is 9.76%. That represents 95.0$ of latent gain with 973.0¥ of employed capital. The following chart shows ASHIMORI INDUSTRY CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ASHIMORI INDUSTRY CO, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.76 %

Latent gain

95.0 ¥

Invested capital

973.0 ¥

Annualized return

4.44 %

Equity curve of the strategy applied to ASHIMORI INDUSTRY CO

The following chart shows the result of the investment strategy applied to ASHIMORI INDUSTRY CO:

ASHIMORI INDUSTRY CO

Note: the dividends potentially given by ASHIMORI INDUSTRY CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ASHIMORI INDUSTRY CO

The following chart shows the employed capital evolution since the beginning of the investment strategy on ASHIMORI INDUSTRY CO:

ASHIMORI INDUSTRY CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ASHIMORI INDUSTRY CO

In this section, I will compare the three previous investment strategies applied to ASHIMORI INDUSTRY CO.

Equity curve comparison on ASHIMORI INDUSTRY CO

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ASHIMORI INDUSTRY CO investment strategy comparison

Employed capital comparison on ASHIMORI INDUSTRY CO

ASHIMORI INDUSTRY CO investment comparison

Performance comparison on ASHIMORI INDUSTRY CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -18.16% -2606.0¥ 14354.0¥ -4.32%
Momentum 1 quarter -2.04% -200.0¥ 9812.0¥ -0.52%
Momentum 2 quarters -31.17% -2902.0¥ 9310.0¥ -8.38%
Non-directional 9.76% 95.0¥ 973.0¥ 4.44%
Annualized return comparison

Automatic investment

-4.32 %

Momentum 1Q

-8.38 %

Momentum 2Q

-8.38 %

Non-directional

4.44 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ASHIMORI INDUSTRY CO:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ASHIMORI INDUSTRY CO and the other stocks. There may be false positives or some missing correlated stocks. If the price of ASHIMORI INDUSTRY CO does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ASHIMORI INDUSTRY CO
Country Japan
City Osaka
Address 11-61, 7-chome, Senrioka
Phone 81 6 6388 1212
Website www.ashimori.co.jp
FullTime employees 2491
Industry Auto Parts
Sector Consumer Cyclical
Exchange XTKS
Ticker 3526.XTKS
Market www.jpx.co.jp

ASHIMORI INDUSTRY CO ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown