KANEFUSA CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,470.58
Dividend & Yield44.00¥ (5.68%)
Beta 0.37
Market capitalization 10.69B
Operating cash flow N/A
ESG Scores unknown

Company description

Kanefusa Corporation manufactures and sells industrial and machine knives, sawblades, tools, and machinery parts worldwide. It offers saw blades, router and dowel bits, cutters, ace cutters and bits, finger joint cutters, cutter heads and knives, chipping products, and plywood knives for the wood based industry; and cold saw blades, ferrous and non-ferrous saw blades, non-ferrous cold saw blades, reamers and drills, face mill products, and other ferrous cutting tools for metal, aluminum, stainless steel, pipe sawing, and other applications. The company also provides paper guillotine, trimmer, bookbinding, sheeter, and slitter knives for use in printing, book binding, and paper manufacturing applications; TCT saw blades, end mills, drills, and cutter heads for plastic applications; and PCD tools, such as saw blades, cutters, and router bits for ceramic and cement siding boards. In addition, it offers chipper and crusher knives for recycling industry; and hydraulic tool holders, centerless blades, and tool grinders for precision processes. The company was founded in 1896 and is headquartered in Niwa, Japan.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio3.07
Working Capital0.09
Return On Equity0.05
Debt To Equity0.05
Fixed Asset Ratio0.03
Fixed Interest Cover220.75

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 37M -378M -252M 317M
Total Cashflows From Investing Activities -2.41B -2.99B -623M -764M
Net Borrowings 1.11B 1.11B 1.11B 1.11B
Total Cash From Financing Activities -313M -468M -259M 881M
Change To Operating Activities -57M 381M -89M -396M
Issuance Of Stock
Net Income 1.38B 780M 448M 1.33B
Change In Cash -523M -1.26B 1.82B 2.24B
Effect Of Exchange Rate -75M -70M -36M 211M
Total Cash From Operating Activities 2.28B 2.24B 2.74B 1.91B
Depreciation 1.53B 1.68B 1.71B 1.63B
Change To Account Receivables 82M 368M 535M -508M
Other Cashflows From Financing Activities -1M -58M -44M -38M
Change To Netincome -722M -656M -306M -268M
Capital Expenditures -2.05B -2.91B -740M -735M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 277M 296M 283M 272M
Income Before Tax 2.01B 1.2B 763M 1.89B
Net Income 1.38B 780M 448M 1.33B
Selling General Administrative 4.43B 4.32B 3.62B 4.06B
Gross Profit 6.82B 6.26B 4.56B 6.31B
Ebit 1.93B 1.39B 466M 1.77B
Operating Income 1.93B 1.39B 466M 1.77B
Interest Expense -5M -5M -5M -8M
Income Tax Expense 627M 421M 315M 556M
Total Revenue 20.21B 18.98B 16.03B 19.67B
Cost Of Revenue 13.39B 12.73B 11.47B 13.36B
Total Other Income ExpenseNet 77M -190M 297M 122M
Net Income From Continuing Ops 1.38B 780M 448M 1.33B
Net Income Applicable To Common Shares 1.38B 780M 448M 1.33B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 5.03B 4.47B 3.85B 6.16B
Total Stockholder Equity 23.54B 23.75B 23.67B 25.48B
Other Current Liabilities 1.78B 1.57B 1.11B 1.65B
Total Assets 28.57B 28.22B 27.52B 31.64B
Common Stock 2.14B 2.14B 2.14B 2.14B
Other Current Assets 650M 616M 422M 853M
Retained Earnings 18.86B 19.22B 19.45B 20.6B
Treasury Stock 368M 219M -93M 573M
Cash 4.37B 3.1B 4.92B 7.16B
Total Current Liabilities 4.36B 3.79B 3.04B 4.16B
Other Stockholder Equity 576M 427M 115M 781M
Property, Plant, and Equipment 11.93B 13.23B 11.91B 11.65B
Total Current Assets 14.76B 13.28B 13.9B 18.24B
Net Tangible Assets 22.66B 22.89B 22.88B 24.68B
Net Receivables 5.11B 4.62B 4.07B 4.76B
Accounts Payable 2.18B 1.8B 1.55B 2.07B


Insider Transactions

Here are the insider transactions of stock shares related to KANEFUSA 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 KANEFUSA 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 KANEFUSA CORP

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

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

KANEFUSA CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -24.59% on the backtest period.

Performance at glance

Performance

-24.59 %

Latent gain

-1999.0 ¥

Invested capital

8129.0 ¥

Annualized return

-5.77 %
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Momentum strategy results on KANEFUSA CORP

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

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

KANEFUSA CORP momentum entries
  • The first momentum investment strategy would give -26.67% of return on KANEFUSA CORP. That represents -2453.0¥ of latent gain with 9196.0¥ of employed capital.
  • The second momentum investment strategy would give -37.77% of return on KANEFUSA CORP. That represents -3720.0¥ of latent gain with 9850.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-26.67 %

Latent gain

-2453.0 ¥

Invested capital

9196.0 ¥

Annualized return

-10.11 %
Performance at glance (2Q Momentum)

Performance

-37.77 %

Latent gain

-3720.0 ¥

Invested capital

9850.0 ¥

Annualized return

-9.99 %

Momentum equity curve on KANEFUSA CORP

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

KANEFUSA CORP momentum equity

Note: the dividends potentially given by KANEFUSA 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 KANEFUSA CORP

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

KANEFUSA 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 KANEFUSA CORP

Buy the dip entry openings on KANEFUSA CORP

KANEFUSA CORP

The performance achieved by the robo-advisor on KANEFUSA CORP is -22.84%. That represents -363.0$ of latent gain with 1589.0¥ of employed capital. The following chart shows KANEFUSA CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KANEFUSA 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

-22.84 %

Latent gain

-363.0 ¥

Invested capital

1589.0 ¥

Annualized return

-10.11 %

Equity curve of the strategy applied to KANEFUSA CORP

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

KANEFUSA CORP

Note: the dividends potentially given by KANEFUSA 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 KANEFUSA CORP

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

KANEFUSA 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 KANEFUSA CORP

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

Equity curve comparison on KANEFUSA CORP

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

KANEFUSA CORP investment strategy comparison

Employed capital comparison on KANEFUSA CORP

KANEFUSA CORP investment comparison

Performance comparison on KANEFUSA CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -24.59% -1999.0¥ 8129.0¥ -5.77%
Momentum 1 quarter -26.67% -2453.0¥ 9196.0¥ -6.63%
Momentum 2 quarters -37.77% -3720.0¥ 9850.0¥ -9.99%
Non-directional -22.84% -363.0¥ 1589.0¥ -10.11%
Annualized return comparison

Automatic investment

-5.77 %

Momentum 1Q

-9.99 %

Momentum 2Q

-9.99 %

Non-directional

-10.11 %

Correlated stocks

Here are the most positively and negatively correlated stocks with KANEFUSA 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 KANEFUSA CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of KANEFUSA CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name KANEFUSA CORP
Country Japan
City Niwa
Address 1-1 Nakaoguchi
Phone 81 587 95 7221
Website www.kanefusa.co.jp
FullTime employees 1232
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XTKS
Ticker 5984.XTKS
Market www.jpx.co.jp

KANEFUSA 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