HIRATA CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 6,551.02
Dividend & Yield115.00¥ (2.45%)
Beta 1.6
Market capitalization 46.87B
Operating cash flow N/A
ESG Scores unknown

Company description

Hirata Corporation manufactures and sells various manufacturing line systems, industrial robots, and logistic equipment in Japan and internationally. The company offers automotive related production equipment, such as engine assembly, cylinder head assembly, and piston assembly lines; transmission related equipment comprising CVT assembly, automatic transmission assembly, and DCT assembly lines; and engine and component related equipment. It also provides semiconductor related equipment, including equipment front end modules/sorters, wafer transfer robots, aligners, load ports, and SMIF openers; and panel manufacturing systems, such as coater systems, glass cutting systems, coating and lamination systems, and auto-loader systems. In addition, the company offers industrial robot equipment, including cartesian, SCARA-type, articulated, and wafer transfer robots, as well as 3D vision systems, robot controllers, teach pendants, and robot sumulators; electronics and electrical appliance production equipment comprising home electronics related automated assembly lines, and electronic components and others; and power modules consisting of mounters, vacuum reflow ovens, and ultrasonic welders. Further, it provides sorting/stocking systems, stacker cranes, and traceability systems for production management; and medical/chemistry and physics devices, such as pathological tissue specimen preparation devices, cell observation devices, cell destructive equipment, and membrane damage detection systems. Hirata Corporation was incorporated in 1920 and is headquartered in Kumamoto, Japan.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.79
Working Capital0.08
Return On Equity0.05
Debt To Equity0.18
Fixed Asset Ratio0.01
Fixed Interest Cover63.56

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 116M -1.57B -992M -3.03B
Total Cashflows From Investing Activities -1.99B -2.63B -2.38B -1.08B
Net Borrowings -2.09B -4.31B 4.16B 5.05B
Total Cash From Financing Activities -6B -5.72B 3.54B 4.15B
Change To Operating Activities -1.47B 746M -3.3B -1.62B
Issuance Of Stock
Net Income 4.64B 1.74B 4.08B 2.68B
Change In Cash 2.41B -365M 1.71B 253M
Effect Of Exchange Rate -168M -110M -134M 629M
Total Cash From Operating Activities 10.58B 8.09B 690M -3.44B
Depreciation 1.2B 1.23B 1.45B 1.48B
Change To Account Receivables 5.12B 5.68B -971M 882M
Other Cashflows From Financing Activities -138M -114M -205M -222M
Change To Netincome -1.81B -1.01B -1.19B -1.17B
Capital Expenditures -4.11B -2.58B -2.19B -925M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 1.03B 879M 866M 1.02B
Income Before Tax 6.21B 2.88B 5.17B 4.27B
Net Income 4.64B 1.74B 4.08B 2.68B
Selling General Administrative 7.97B 7.88B 7.39B 7.4B
Gross Profit 15.57B 11.66B 13.66B 12.71B
Ebit 6.25B 2.74B 5B 3.86B
Operating Income 6.25B 2.74B 5B 3.86B
Interest Expense -94M -55M -62M -61M
Income Tax Expense 1.57B 1.1B 1.12B 1.55B
Total Revenue 77.3B 65.61B 65.25B 67.09B
Cost Of Revenue 61.73B 53.95B 51.59B 54.38B
Total Other Income ExpenseNet -35M 143M 173M 410M
Net Income From Continuing Ops 4.65B 1.77B 4.05B 2.71B
Net Income Applicable To Common Shares 4.64B 1.74B 4.08B 2.68B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 43.96B 38.42B 40.8B 44.55B
Total Stockholder Equity 46.2B 46.56B 51.6B 54.51B
Other Current Liabilities 4.06B 4.98B 3.46B 3.83B
Total Assets 90.57B 85.41B 92.79B 99.48B
Common Stock 2.63B 2.63B 2.63B 2.63B
Other Current Assets 1.27B 1.16B 2.69B 29.4B
Retained Earnings 27.31B 27.76B 31.42B 33.75B
Treasury Stock 1.96B 1.85B 3.23B 3.82B
Cash 11.34B 10.97B 12.69B 12.94B
Total Current Liabilities 36.72B 28.83B 25.93B 31.61B
Other Stockholder Equity 4.45B 4.33B 5.71B 6.27B
Property, Plant, and Equipment 20.34B 21.74B 23.54B 23.53B
Total Current Assets 64.32B 57.79B 61.25B 67B
Net Tangible Assets 45.53B 46.02B 51.11B 54.01B
Net Receivables 43.96B 38.07B 38.87B 14.1B
Accounts Payable 15.62B 13.75B 11.96B 10.51B


Insider Transactions

Here are the insider transactions of stock shares related to HIRATA CORPORATION:

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


Systematic investment results on HIRATA CORPORATION

Here is the result of two systematic investment strategies applied to HIRATA CORPORATION. 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 HIRATA CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to HIRATA CORPORATION:

HIRATA CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -23.43% on the backtest period.

Performance at glance

Performance

-23.43 %

Latent gain

-4810.0 ¥

Invested capital

20530.0 ¥

Annualized return

-5.58 %
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Momentum strategy results on HIRATA CORPORATION

This is the result of two momentum investment strategies applied to HIRATA CORPORATION. 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 HIRATA CORPORATION

The following chart shows all the entries opened by the momentum investment system on HIRATA CORPORATION:

HIRATA CORPORATION momentum entries
  • The first momentum investment strategy would give -11.59% of return on HIRATA CORPORATION. That represents -1030.0¥ of latent gain with 8890.0¥ of employed capital.
  • The second momentum investment strategy would give 0% of return on HIRATA CORPORATION. That represents 0.0¥ of latent gain with 0.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-11.59 %

Latent gain

-1030.0 ¥

Invested capital

8890.0 ¥

Annualized return

-1.02 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 ¥

Invested capital

0.0 ¥

Annualized return

0.0 %

Momentum equity curve on HIRATA CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to HIRATA CORPORATION:

HIRATA CORPORATION momentum equity

Note: the dividends potentially given by HIRATA CORPORATION 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 HIRATA CORPORATION

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

HIRATA CORPORATION

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 HIRATA CORPORATION

Buy the dip entry openings on HIRATA CORPORATION

HIRATA CORPORATION

The performance achieved by the robo-advisor on HIRATA CORPORATION is -2.24%. That represents -180.0$ of latent gain with 8040.0¥ of employed capital. The following chart shows HIRATA CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HIRATA CORPORATION, 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

-2.24 %

Latent gain

-180.0 ¥

Invested capital

8040.0 ¥

Annualized return

-1.02 %

Equity curve of the strategy applied to HIRATA CORPORATION

The following chart shows the result of the investment strategy applied to HIRATA CORPORATION:

HIRATA CORPORATION

Note: the dividends potentially given by HIRATA CORPORATION 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 HIRATA CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on HIRATA CORPORATION:

HIRATA CORPORATION

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 HIRATA CORPORATION

In this section, I will compare the three previous investment strategies applied to HIRATA CORPORATION.

Equity curve comparison on HIRATA CORPORATION

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

HIRATA CORPORATION investment strategy comparison

Employed capital comparison on HIRATA CORPORATION

HIRATA CORPORATION investment comparison

Performance comparison on HIRATA CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -23.43% -4810.0¥ 20530.0¥ -5.58%
Momentum 1 quarter -11.59% -1030.0¥ 8890.0¥ -2.93%
Momentum 2 quarters 0% 0.0¥ 0.0¥ 0.0%
Non-directional -2.24% -180.0¥ 8040.0¥ -1.02%
Annualized return comparison

Automatic investment

-5.58 %

Momentum 1Q

0.0 %

Momentum 2Q

0.0 %

Non-directional

-1.02 %

Correlated stocks

Here are the most positively and negatively correlated stocks with HIRATA CORPORATION:

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


Company information

Company name HIRATA CORPORATION
Country Japan
City Kumamoto
Address 111 Hitotsugi
Phone 81 9 6272 0555
Website www.hirata.co.jp
FullTime employees 1881
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XTKS
Ticker 6258.XTKS
Market www.jpx.co.jp

HIRATA CORPORATION 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