TSUBAKIMOTO CHAIN CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 6,038.21
Dividend & Yield140.00¥ (4.40%)
Beta 1.18
Market capitalization 117.9B
Operating cash flow N/A
ESG Scores unknown

Company description

Tsubakimoto Chain Co. manufactures and sells materials handling systems, automotive parts, chains, and power transmission units and components. The company operates through Chain Operations, Motion Control Operations, Mobility Operations, and Materials Handling Operations segments. Its power transmission products include drive, conveyor, and top chains; and hose and cable carrier systems, reducers, high speed lifters, linear actuators, sprockets/pin gear drives, timing belts and pulleys, locking devices, shaft couplings, clutches, electrical controllers, and mechanical protectors. The company's mobility products comprise timing chains, Enedrive chains, power drive chains, and cam clutches. Its materials handling systems include sorting and conveyance system for distribution industry, life science support equipment, newspaper handling systems, automatic material handling systems for car manufacturing factory, bulk handling systems, and metalworking chips handling and coolant processing systems, and other equipment and systems. The company also provides V2X bi-directional electric vehicle (EV) charging systems and monitoring systems. Its products are used in machine tool, automobile, LCD, semiconductor, steel, food, distribution, life sciences, medical equipment, and other industries. The company has operations in Japan, the Americas, Europe, China, South Korea, Asia and Oceania, and Taiwan. Tsubakimoto Chain Co. was founded in 1917 and is headquartered in Osaka, Japan.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.73
Working Capital0.15
Return On Equity0.07
Debt To Equity0.12
Fixed Asset Ratio0.03
Fixed Interest Cover60.28

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -3.52B -6.43B -1.57B 1.38B
Total Cashflows From Investing Activities -32.09B -14.24B -9.56B -9.07B
Net Borrowings 17.59B -2.02B -474M -3.66B
Total Cash From Financing Activities 12.68B -10.38B -4.35B -7.78B
Change To Operating Activities 2.09B -2.35B 2.51B -1.55B
Issuance Of Stock
Net Income 13.78B 11.58B 8.71B 14.54B
Change In Cash 4.37B -4.71B 14.71B 6.8B
Effect Of Exchange Rate -414M -358M 730M 2.66B
Total Cash From Operating Activities 24.2B 20.27B 27.89B 21B
Depreciation 12.84B 12.92B 12.96B 12.97B
Change To Account Receivables 2.34B 2.23B 2.11B -1.27B
Other Cashflows From Financing Activities -168M -616M -547M -596M
Change To Netincome -4.32B -3.78B -2.88B -2.51B
Capital Expenditures -17.27B -14.66B -9.72B -8B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 19.43B 16.81B 12.16B 20.08B
Net Income 13.78B 11.58B 8.71B 14.54B
Selling General Administrative 42.82B 41.75B 36.72B 42.9B
Gross Profit 66.56B 60.27B 47.63B 62.74B
Ebit 21.79B 16.15B 8.9B 17.84B
Operating Income 21.79B 16.15B 8.9B 17.84B
Interest Expense -364M -381M -320M -296M
Income Tax Expense 5.58B 5.12B 3.38B 5.42B
Total Revenue 238.51B 226.42B 193.4B 215.88B
Cost Of Revenue 171.96B 166.16B 145.76B 153.13B
Total Other Income ExpenseNet -2.36B 661M 3.26B 2.24B
Net Income From Continuing Ops 13.85B 11.69B 8.78B 14.66B
Net Income Applicable To Common Shares 13.78B 11.58B 8.71B 14.54B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 130.46B 118.04B 119.84B 122.86B
Total Stockholder Equity 173.73B 174.36B 185.79B 207.76B
Other Current Liabilities 19.26B 16.6B 18.87B 19.32B
Total Assets 305.92B 294.1B 307.33B 332.62B
Common Stock 17.08B 17.08B 17.08B 17.08B
Other Current Assets 4.9B 4.55B 4.23B 3.62B
Retained Earnings 142.44B 149.49B 154.86B 165.88B
Treasury Stock 656M -5.77B 293M 11.23B
Cash 33.65B 29.02B 41.87B 49.1B
Total Current Liabilities 82.62B 67.08B 61.69B 67.84B
Other Stockholder Equity 1.7B -1.51B 4.52B 15.45B
Property, Plant, and Equipment 116.95B 118.58B 115.06B 114.92B
Total Current Assets 143.95B 134.08B 145.19B 166.51B
Net Tangible Assets 160.95B 163B 175.09B 197.06B
Net Receivables 59.41B 56.27B 54.51B 58.44B
Accounts Payable 33.7B 27.03B 25.67B 28.37B


Insider Transactions

Here are the insider transactions of stock shares related to TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

Here is the result of two systematic investment strategies applied to TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

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

TSUBAKIMOTO CHAIN CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 20.3% on the backtest period.

Performance at glance

Performance

20.3 %

Latent gain

4784.0 ¥

Invested capital

23566.0 ¥

Annualized return

4.83 %
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Momentum strategy results on TSUBAKIMOTO CHAIN CO

This is the result of two momentum investment strategies applied to TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

The following chart shows all the entries opened by the momentum investment system on TSUBAKIMOTO CHAIN CO:

TSUBAKIMOTO CHAIN CO momentum entries
  • The first momentum investment strategy would give 213.56% of return on TSUBAKIMOTO CHAIN CO. That represents 15447.0¥ of latent gain with 7233.0¥ of employed capital.
  • The second momentum investment strategy would give 215.5% of return on TSUBAKIMOTO CHAIN CO. That represents 13555.0¥ of latent gain with 6290.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

213.56 %

Latent gain

15447.0 ¥

Invested capital

7233.0 ¥

Annualized return

-8.85 %
Performance at glance (2Q Momentum)

Performance

215.5 %

Latent gain

13555.0 ¥

Invested capital

6290.0 ¥

Annualized return

57.93 %

Momentum equity curve on TSUBAKIMOTO CHAIN CO

The following chart shows the equity curve of the two momentum strategies applied to TSUBAKIMOTO CHAIN CO:

TSUBAKIMOTO CHAIN CO momentum equity

Note: the dividends potentially given by TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

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

TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

Buy the dip entry openings on TSUBAKIMOTO CHAIN CO

TSUBAKIMOTO CHAIN CO

The performance achieved by the robo-advisor on TSUBAKIMOTO CHAIN CO is -19.46%. That represents -1370.0$ of latent gain with 7040.0¥ of employed capital. The following chart shows TSUBAKIMOTO CHAIN CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TSUBAKIMOTO CHAIN 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

-19.46 %

Latent gain

-1370.0 ¥

Invested capital

7040.0 ¥

Annualized return

-8.85 %

Equity curve of the strategy applied to TSUBAKIMOTO CHAIN CO

The following chart shows the result of the investment strategy applied to TSUBAKIMOTO CHAIN CO:

TSUBAKIMOTO CHAIN CO

Note: the dividends potentially given by TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

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

TSUBAKIMOTO CHAIN 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 TSUBAKIMOTO CHAIN CO

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

Equity curve comparison on TSUBAKIMOTO CHAIN CO

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

TSUBAKIMOTO CHAIN CO investment strategy comparison

Employed capital comparison on TSUBAKIMOTO CHAIN CO

TSUBAKIMOTO CHAIN CO investment comparison

Performance comparison on TSUBAKIMOTO CHAIN CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 20.3% 4784.0¥ 23566.0¥ 4.83%
Momentum 1 quarter 213.56% 15447.0¥ 7233.0¥ 53.93%
Momentum 2 quarters 215.5% 13555.0¥ 6290.0¥ 57.93%
Non-directional -19.46% -1370.0¥ 7040.0¥ -8.85%
Annualized return comparison

Automatic investment

4.83 %

Momentum 1Q

57.93 %

Momentum 2Q

57.93 %

Non-directional

-8.85 %

Correlated stocks

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


Company information

Company name TSUBAKIMOTO CHAIN CO
Country Japan
City Osaka
Address Nakanoshima Mitsui Building
Phone 81 6 6441 0011
Website tsubakimoto.com
FullTime employees 8566
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XTKS
Ticker 6371.XTKS
Market www.jpx.co.jp

TSUBAKIMOTO CHAIN 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