RIKEN CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 7,846.62
Dividend & Yield120.00¥ (4.89%)
Beta 0.54
Market capitalization 24.43B
Operating cash flow 6.42B
ESG Scores unknown

Company description

Riken Corporation manufactures and sells automotive and machinery parts in Japan and internationally. It offers piston rings; engine parts, such as camshafts, pistons, valve lifters, valve seats and lifters, valve spring retainers, tappets and rocker arms, crankshafts, and others; transmission parts, including seal rings, differential cases, pinion shafts, and others; drive and chassis parts comprising steering knuckles, damper forks, brake calipers, pressure plates, lower arms, and others; and vanes for air compressors and power steering systems, shoes and shoe discs for air conditioning systems, sliders for power steering systems, and others. The company also produces marine and industrial components and parts consisting of a range of parts for engines of various types, sizes, and applications, including aircraft, agricultural machinery, construction equipment, and industrial components, as well as large size piston rings for marine engine applications; other components for use in construction equipment and agricultural machinery; and compressor parts comprising vanes, housings, and cylinders. In addition, it provides piping products; aerospace industrial equipment parts; thermal engineering products consisting of furnaces, such as hydrogen gas heating furnaces, magnetic field heat treatment furnaces, vacuum furnaces, continuous ceramic sintering furnaces, general-purpose heat treatment furnaces, and others; and electromagnetic compatibility products, such as anechoic chambers and shield rooms. Riken Corporation was founded in 1927 and is headquartered in Tokyo, Japan.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio2.28
Working Capital0.12
Return On Equity0.05
Debt To Equity0.12
Fixed Asset Ratio0.03
Fixed Interest Cover48.33

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -822M -1.66B -403M -1.25B
Total Cashflows From Investing Activities -5.83B -8.46B -2.91B -3.82B
Net Borrowings
Total Cash From Financing Activities -1.46B -1.83B -1.51B -1.52B
Change To Operating Activities -1.29B -654M -1.14B -1.98B
Issuance Of Stock
Net Income 4.98B 3.52B 1.88B 4.33B
Change In Cash -118M -2.09B 2.81B 1.77B
Effect Of Exchange Rate -264M -42M -147M 694M
Total Cash From Operating Activities 7.45B 8.25B 7.39B 6.42B
Depreciation 4.73B 4.8B 4.92B 5.04B
Change To Account Receivables 837M -225M 133M 1.06B
Other Cashflows From Financing Activities -35M -445M -470M -372M
Change To Netincome -2.32B -1.31B -473M -2B
Capital Expenditures -6.13B -6.59B -3.26B -2.41B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 977M 898M 870M 938M
Income Before Tax 7.41B 6.04B 3.42B 6.96B
Net Income 4.98B 3.52B 1.88B 4.33B
Selling General Administrative 12.85B 12.28B 10.95B 11.38B
Gross Profit 20.75B 18.41B 14.55B 17.45B
Ebit 6.92B 5.24B 2.73B 5.12B
Operating Income 6.92B 5.24B 2.73B 5.12B
Interest Expense -121M -105M -105M -106M
Income Tax Expense 1.93B 2.01B 1.67B 2.33B
Total Revenue 90.37B 84.53B 69.72B 78.37B
Cost Of Revenue 69.62B 66.12B 55.17B 60.93B
Total Other Income ExpenseNet 487M 804M 691M 1.83B
Net Income From Continuing Ops 5.48B 4.03B 1.75B 4.62B
Net Income Applicable To Common Shares 4.98B 3.52B 1.88B 4.33B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 32.8B 32.02B 30.4B 28.63B
Total Stockholder Equity 71.81B 70.18B 74.92B 81.22B
Other Current Liabilities 6.49B 6.37B 6.35B 5.86B
Total Assets 110.05B 107.92B 110.54B 115.71B
Common Stock 8.57B 8.57B 8.57B 8.57B
Other Current Assets 1.52B 1.68B 1.14B 1.08B
Retained Earnings 58.51B 60.64B 61.41B 64.53B
Treasury Stock -2.28B -6.02B -2.18B 1B
Cash 9.99B 9.62B 12.61B 16.21B
Total Current Liabilities 20.23B 18.23B 24.55B 16.29B
Other Stockholder Equity 1.23B -2.74B 895M 3.89B
Property, Plant, and Equipment 30.68B 31.42B 28.67B 27.18B
Total Current Assets 50.52B 47.6B 48.77B 53.63B
Net Tangible Assets 67.98B 66.68B 71.91B 78.68B
Net Receivables 20.43B 20.57B 20.36B 19.79B
Accounts Payable 11.85B 10.14B 9.61B 8.69B


Insider Transactions

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

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

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

RIKEN CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -56.39% on the backtest period.

Performance at glance

Performance

-56.39 %

Latent gain

-9217.0 ¥

Invested capital

16345.0 ¥

Annualized return

-13.43 %
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Momentum strategy results on RIKEN CORP

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

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

RIKEN CORP momentum entries
  • The first momentum investment strategy would give -49.95% of return on RIKEN CORP. That represents -4743.0¥ of latent gain with 9495.0¥ of employed capital.
  • The second momentum investment strategy would give -53.14% of return on RIKEN CORP. That represents -2694.0¥ of latent gain with 5070.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-49.95 %

Latent gain

-4743.0 ¥

Invested capital

9495.0 ¥

Annualized return

-23.19 %
Performance at glance (2Q Momentum)

Performance

-53.14 %

Latent gain

-2694.0 ¥

Invested capital

5070.0 ¥

Annualized return

-14.28 %

Momentum equity curve on RIKEN CORP

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

RIKEN CORP momentum equity

Note: the dividends potentially given by RIKEN 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 RIKEN CORP

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

RIKEN 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 RIKEN CORP

Buy the dip entry openings on RIKEN CORP

RIKEN CORP

The performance achieved by the robo-advisor on RIKEN CORP is -51.01%. That represents -4948.0$ of latent gain with 9700.0¥ of employed capital. The following chart shows RIKEN CORP stock price with all the entries opened by the automated investment system.

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

-51.01 %

Latent gain

-4948.0 ¥

Invested capital

9700.0 ¥

Annualized return

-23.19 %

Equity curve of the strategy applied to RIKEN CORP

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

RIKEN CORP

Note: the dividends potentially given by RIKEN 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 RIKEN CORP

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

RIKEN 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 RIKEN CORP

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

Equity curve comparison on RIKEN CORP

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

RIKEN CORP investment strategy comparison

Employed capital comparison on RIKEN CORP

RIKEN CORP investment comparison

Performance comparison on RIKEN CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -56.39% -9217.0¥ 16345.0¥ -13.43%
Momentum 1 quarter -49.95% -4743.0¥ 9495.0¥ -12.61%
Momentum 2 quarters -53.14% -2694.0¥ 5070.0¥ -14.28%
Non-directional -51.01% -4948.0¥ 9700.0¥ -23.19%
Annualized return comparison

Automatic investment

-13.43 %

Momentum 1Q

-14.28 %

Momentum 2Q

-14.28 %

Non-directional

-23.19 %

Correlated stocks

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


Company information

Company name RIKEN CORP
Country Japan
City Tokyo
Address 8-1, Sanbancho
Phone 81 3 3230 3911
Website www.riken.co.jp
FullTime employees 4332
Industry Auto Parts
Sector Consumer Cyclical
Exchange XTKS
Ticker 6462.XTKS
Market www.jpx.co.jp

RIKEN 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