TOKUYAMA CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 4,313.14
Dividend & Yield70.00¥ (3.82%)
Beta 0.81
Market capitalization 131.6B
Operating cash flow N/A
ESG Scores unknown

Company description

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, chlorinated solvents, and hydrogen. The Cement segment provides cement, ready-mixed concrete, and cement-type stabilizer, as well as engages in the resource recycling business. The Electronic Materials segment provides polycrystalline silicon; fumed silica and tetrachlorosilane; aluminum nitride; high-purity chemicals for electronics manufacturing and photoresist developer; and isopropyl alcohol. The Life Science segment provides medical diagnosis systems, dental materials and equipment, pharmaceutical ingredients and intermediates, plastic lens-related materials for glasses, and microporous film. The Eco Business segment offers plastic window sashes, ion exchange membranes, as well as engages in waste gypsum board recycling activity. The company was formerly known as Tokuyama Soda Co., Ltd. and changed its name to Tokuyama Corporation in April 1994. Tokuyama Corporation was incorporated in 1918 and is headquartered in Tokyo, Japan.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio1.64
Working Capital0.23
Return On Equity0.12
Debt To Equity0.37
Fixed Asset Ratio0.01
Fixed Interest Cover17.76

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -1.09B -4.38B -533M 8.54B
Total Cashflows From Investing Activities -16.17B -20.55B -19.28B -33.8B
Net Borrowings -16.55B -13.05B -17.16B 10.21B
Total Cash From Financing Activities -21.1B -18.35B -22.53B 5.12B
Change To Operating Activities -6.05B 1.39B 1.52B -4.87B
Issuance Of Stock 1.3B 1.3B 1.3B 1.51B
Net Income 34.28B 19.94B 24.53B 28B
Change In Cash 1.18B 12.93B 2.13B -554M
Effect Of Exchange Rate -49M -540M 623M 1.27B
Total Cash From Operating Activities 38.53B 52.36B 43.31B 25.99B
Depreciation 15.09B 16.12B 17B 19.72B
Change To Account Receivables 928M 7.34B -2.12B -6.8B
Other Cashflows From Financing Activities -1.12B -1.13B -1.77B -1.47B
Change To Netincome -4.3B 5.25B -5.8B -2.55B
Capital Expenditures -16.77B -19.71B -23.8B -31.89B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 7.08B 8.01B 9.55B 11.31B
Income Before Tax 38.02B 27.92B 30.96B 27.65B
Net Income 34.28B 19.94B 24.53B 28B
Selling General Administrative 55.67B 56.22B 54.63B 59.49B
Gross Profit 98B 98.65B 95.15B 95.41B
Ebit 35.26B 34.28B 30.92B 24.54B
Operating Income 35.26B 34.28B 30.92B 24.54B
Interest Expense -2.45B -1.69B -1.52B -1.38B
Income Tax Expense 2.99B 6.92B 5.64B -525M
Total Revenue 324.66B 316.1B 302.41B 293.83B
Cost Of Revenue 226.66B 217.45B 207.25B 198.42B
Total Other Income ExpenseNet 2.75B -6.37B 35M 3.11B
Net Income From Continuing Ops 35.03B 20.99B 25.32B 28.17B
Net Income Applicable To Common Shares 34.28B 19.94B 24.53B 28B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 216.11B 203.02B 181.53B 200.29B
Total Stockholder Equity 152.78B 168.86B 198.56B 224.5B
Other Current Liabilities 25.53B 29.21B 28.75B 27.31B
Total Assets 379.63B 383.45B 386.79B 433.21B
Common Stock 10B 10B 10B 10B
Other Current Assets 10.55B 4.83B 5.67B 6.97B
Retained Earnings 121.9B 137.66B 157.33B 180.53B
Treasury Stock 861M 1.18B 7.77B 10.52B
Cash 68.61B 81.52B 83.68B 83.12B
Total Current Liabilities 93.25B 95.24B 83.31B 102.34B
Other Stockholder Equity 2.68B 2.99B 8.12B 10.93B
Property, Plant, and Equipment 116.1B 123.19B 124.03B 139.6B
Total Current Assets 202.94B 203.85B 199.76B 223.95B
Net Tangible Assets 150.81B 167.2B 196.68B 221.82B
Net Receivables 80.29B 72.86B 70.81B 78.14B
Accounts Payable 47.27B 42.8B 39.55B 49.05B


Insider Transactions

Here are the insider transactions of stock shares related to TOKUYAMA CORP:

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 TOKUYAMA CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TOKUYAMA CORP

Here is the result of two systematic investment strategies applied to TOKUYAMA CORP. 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 TOKUYAMA CORP

The following chart shows the equity curve of the two systematic investment strategies applied to TOKUYAMA CORP:

TOKUYAMA CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.03% on the backtest period.

Performance at glance

Performance

11.03 %

Latent gain

2608.0 ¥

Invested capital

23652.0 ¥

Annualized return

2.63 %
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Momentum strategy results on TOKUYAMA CORP

This is the result of two momentum investment strategies applied to TOKUYAMA CORP. 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 TOKUYAMA CORP

The following chart shows all the entries opened by the momentum investment system on TOKUYAMA CORP:

TOKUYAMA CORP momentum entries
  • The first momentum investment strategy would give 120.0% of return on TOKUYAMA CORP. That represents 11459.0¥ of latent gain with 9549.0¥ of employed capital.
  • The second momentum investment strategy would give 37.54% of return on TOKUYAMA CORP. That represents 2867.0¥ of latent gain with 7637.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

120.0 %

Latent gain

11459.0 ¥

Invested capital

9549.0 ¥

Annualized return

9.4 %
Performance at glance (2Q Momentum)

Performance

37.54 %

Latent gain

2867.0 ¥

Invested capital

7637.0 ¥

Annualized return

10.09 %

Momentum equity curve on TOKUYAMA CORP

The following chart shows the equity curve of the two momentum strategies applied to TOKUYAMA CORP:

TOKUYAMA CORP momentum equity

Note: the dividends potentially given by TOKUYAMA CORP 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 TOKUYAMA CORP

The following chart shows the employed capital evolution of the two momentum strategies on TOKUYAMA CORP since the beginning:

TOKUYAMA CORP

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 TOKUYAMA CORP

Buy the dip entry openings on TOKUYAMA CORP

TOKUYAMA CORP

The performance achieved by the robo-advisor on TOKUYAMA CORP is 20.68%. That represents 450.0$ of latent gain with 2176.0¥ of employed capital. The following chart shows TOKUYAMA CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOKUYAMA CORP, 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

20.68 %

Latent gain

450.0 ¥

Invested capital

2176.0 ¥

Annualized return

9.4 %

Equity curve of the strategy applied to TOKUYAMA CORP

The following chart shows the result of the investment strategy applied to TOKUYAMA CORP:

TOKUYAMA CORP

Note: the dividends potentially given by TOKUYAMA CORP 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 TOKUYAMA CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on TOKUYAMA CORP:

TOKUYAMA CORP

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 TOKUYAMA CORP

In this section, I will compare the three previous investment strategies applied to TOKUYAMA CORP.

Equity curve comparison on TOKUYAMA CORP

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

TOKUYAMA CORP investment strategy comparison

Employed capital comparison on TOKUYAMA CORP

TOKUYAMA CORP investment comparison

Performance comparison on TOKUYAMA CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.03% 2608.0¥ 23652.0¥ 2.63%
Momentum 1 quarter 120.0% 11459.0¥ 9549.0¥ 30.3%
Momentum 2 quarters 37.54% 2867.0¥ 7637.0¥ 10.09%
Non-directional 20.68% 450.0¥ 2176.0¥ 9.4%
Annualized return comparison

Automatic investment

2.63 %

Momentum 1Q

10.09 %

Momentum 2Q

10.09 %

Non-directional

9.4 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOKUYAMA CORP:

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 TOKUYAMA CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOKUYAMA CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOKUYAMA CORP
Country Japan
City Tokyo
Address Front Place Akihabara
Phone 81 3 5207 2500
Website www.tokuyama.co.jp
FullTime employees 5665
Industry Specialty Chemicals
Sector Basic Materials
Exchange XTKS
Ticker 4043.XTKS
Market www.jpx.co.jp

TOKUYAMA CORP 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