MICRONICS JAPAN CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,093.22
Dividend & Yield220.00¥ (15.26%)
Beta 1.26
Market capitalization 54.51B
Operating cash flow 7.88B
ESG Scores unknown

Company description

Micronics Japan Co., Ltd. develops, manufactures, and sells testing and measurement equipment for semiconductors and LCD testing system worldwide. The company's semiconductor products include probe cards, package probes, semiconductor test equipment, and wafer prober. It also provides flat panel display (FPD) products, such as automated optical inspection equipment under the PIXQUIRE name; and mura inspection and compensation system under the Gaterumph name, as well as probe units, FPD lighting units, manual probers for FPD substrates, and array probers/cell probers. Micronics Japan Co., Ltd. was formerly known as Towa Electric Co., Ltd. and changed to Micronics Japan Co., Ltd. in April 1975. The company was founded in 1970 and is headquartered in Musashino, Japan.

Sector: Technology - Industry: Semiconductor Equipment & Materials

Financial Ratios
Quick Ratio2.13
Working Capital0.38
Return On Equity0.25
Debt To Equity0.01
Fixed Asset Ratio0.03
Fixed Interest Cover1030.62

Financial data

Financial Statements

Cashflow Statement 2019-09-30 2020-09-30 2020-12-31 2021-12-31
Change To Liabilities 44M 439M 31.2M 1.41B
Total Cashflows From Investing Activities -1.12B -3.05B -1.7B -1.94B
Net Borrowings 294M -101M 22.4M -354M
Total Cash From Financing Activities -2.36B -483M -283.2M -1.25B
Change To Operating Activities -754M 1.01B 1.01B 736M
Issuance Of Stock 130M 130M 130M 130M
Net Income 879M 1.5B 2.75B 8.24B
Change In Cash 396M -20M 907.2M 4.51B
Effect Of Exchange Rate -137M -43M 22.4M 318M
Total Cash From Operating Activities 4.01B 3.55B 2.87B 7.38B
Depreciation 1.82B 1.99B 1.95B 1.93B
Change To Account Receivables 1.76B -590M -1.7B -2.68B
Other Cashflows From Financing Activities -1.2B -1M -800k 1M
Change To Netincome -1.16B -383M -1.57B -4.14B
Capital Expenditures -2.15B -2.28B -1.91B -3.16B

Income Statement 2019-09-30 2020-09-30 2020-12-31 2021-12-31
Research Development 3.73B 4.09B 4.09B 3.37B
Income Before Tax 1.98B 2.32B 3.78B 11.24B
Net Income 879M 1.5B 2.75B 8.24B
Selling General Administrative 4.77B 8.2B 3.59B 5.39B
Gross Profit 10.44B 10.28B 10.25B 17.02B
Ebit 1.46B 2.08B 2.29B 8.24B
Operating Income 1.46B 2.08B 2.29B 8.24B
Interest Expense -10M -12M -11M -8M
Income Tax Expense 902M 818M 1.04B 3.01B
Total Revenue 27.95B 31.59B 30.91B 40B
Cost Of Revenue 17.52B 21.31B 20.66B 22.98B
Total Other Income ExpenseNet 514M 245M 1.49B 3B
Net Income From Continuing Ops 1.08B 1.5B 2.75B 8.24B
Net Income Applicable To Common Shares 879M 1.5B 2.75B 8.24B

Balance Sheet Statement 2019-09-30 2020-09-30 2020-12-31 2021-12-31
Total Liabilities 11.42B 13.45B 13.42B 16.68B
Total Stockholder Equity 22.82B 24.42B 25.77B 33.06B
Other Current Liabilities 2.4B 3.29B 3.86B 5.59B
Total Assets 34.24B 37.87B 39.19B 49.74B
Common Stock 5.02B 5.02B 5.02B 5.02B
Other Current Assets 146M 715M 293M 317M
Retained Earnings 12.25B 13.37B 14.98B 22.19B
Treasury Stock -149M 329M 69M -99M
Cash 11.38B 12.1B 13.41B 19.2B
Total Current Liabilities 8.54B 10.16B 10.4B 14.22B
Other Stockholder Equity 1.51B 1.99B 1.73B 1.28B
Property, Plant, and Equipment 9.56B 9.38B 9.28B 11.02B
Total Current Assets 20.94B 23.64B 25.67B 35.72B
Net Tangible Assets 21.78B 23.4B 24.73B 32.08B
Net Receivables 5.56B 5.78B 7.79B 10.81B
Accounts Payable 4.42B 4.84B 4.5B 6.19B


Insider Transactions

Here are the insider transactions of stock shares related to MICRONICS JAPAN 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 MICRONICS JAPAN 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 MICRONICS JAPAN CO

Here is the result of two systematic investment strategies applied to MICRONICS JAPAN 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 MICRONICS JAPAN CO

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

MICRONICS JAPAN CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 63.59% on the backtest period.

Performance at glance

Performance

63.59 %

Latent gain

6375.0 ¥

Invested capital

10025.0 ¥

Annualized return

15.14 %
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Momentum strategy results on MICRONICS JAPAN CO

This is the result of two momentum investment strategies applied to MICRONICS JAPAN 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 MICRONICS JAPAN CO

The following chart shows all the entries opened by the momentum investment system on MICRONICS JAPAN CO:

MICRONICS JAPAN CO momentum entries
  • The first momentum investment strategy would give 68.79% of return on MICRONICS JAPAN CO. That represents 6684.0¥ of latent gain with 9716.0¥ of employed capital.
  • The second momentum investment strategy would give 76.59% of return on MICRONICS JAPAN CO. That represents 7113.0¥ of latent gain with 9287.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

68.79 %

Latent gain

6684.0 ¥

Invested capital

9716.0 ¥

Annualized return

30.94 %
Performance at glance (2Q Momentum)

Performance

76.59 %

Latent gain

7113.0 ¥

Invested capital

9287.0 ¥

Annualized return

20.59 %

Momentum equity curve on MICRONICS JAPAN CO

The following chart shows the equity curve of the two momentum strategies applied to MICRONICS JAPAN CO:

MICRONICS JAPAN CO momentum equity

Note: the dividends potentially given by MICRONICS JAPAN 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 MICRONICS JAPAN CO

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

MICRONICS JAPAN 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 MICRONICS JAPAN CO

Buy the dip entry openings on MICRONICS JAPAN CO

MICRONICS JAPAN CO

The performance achieved by the robo-advisor on MICRONICS JAPAN CO is 68.07%. That represents 3321.0$ of latent gain with 4879.0¥ of employed capital. The following chart shows MICRONICS JAPAN CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MICRONICS JAPAN 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

68.07 %

Latent gain

3321.0 ¥

Invested capital

4879.0 ¥

Annualized return

30.94 %

Equity curve of the strategy applied to MICRONICS JAPAN CO

The following chart shows the result of the investment strategy applied to MICRONICS JAPAN CO:

MICRONICS JAPAN CO

Note: the dividends potentially given by MICRONICS JAPAN 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 MICRONICS JAPAN CO

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

MICRONICS JAPAN 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 MICRONICS JAPAN CO

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

Equity curve comparison on MICRONICS JAPAN CO

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

MICRONICS JAPAN CO investment strategy comparison

Employed capital comparison on MICRONICS JAPAN CO

MICRONICS JAPAN CO investment comparison

Performance comparison on MICRONICS JAPAN CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 63.59% 6375.0¥ 10025.0¥ 15.14%
Momentum 1 quarter 68.79% 6684.0¥ 9716.0¥ 17.37%
Momentum 2 quarters 76.59% 7113.0¥ 9287.0¥ 20.59%
Non-directional 68.07% 3321.0¥ 4879.0¥ 30.94%
Annualized return comparison

Automatic investment

15.14 %

Momentum 1Q

20.59 %

Momentum 2Q

20.59 %

Non-directional

30.94 %

Correlated stocks

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


Company information

Company name MICRONICS JAPAN CO
Country Japan
City Musashino
Address 2-6-8 Kichijoji Hon-cho
Phone 81 422 21 2665
Website www.mjc.co.jp
FullTime employees 1413
Industry Semiconductor Equipment & Materials
Sector Technology
Exchange XTKS
Ticker 6871.XTKS
Market www.jpx.co.jp

MICRONICS JAPAN 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