KYORITSU ELECTRIC CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 7,040.08
Dividend & Yield120.00¥ (6.12%)
Beta 0.9
Market capitalization 7.91B
Operating cash flow 1.2B
ESG Scores unknown

Company description

Kyoritsu Electric Corporation offers various systems, testing and measuring instruments, etc. primarily in Japan. It provides process automation products, such as integrated production control systems, network-based control systems, and compact control systems, as well as flow, pressure, and temperature sensors; and factory automation products and services comprising Web camera monitoring systems and system integration services. The company also provides test and measurement products, including automatic optical measurement products, in-circuit testers, vibroducers, combination testers, PC-based function testers, PC-based multi meters and oscilloscopes, data acquisition systems, and digital oscilloscopes; laboratory automation products; and open network products, such as Linux and diskless servers. In addition, it offers civil automation products, which include shield and tunnel boring machine management systems; electromagnetic compatibility products; and environmental products. Kyoritsu Electric Corporation was founded in 1957 and is based in Shizuoka, Japan.

Sector: Technology - Industry: Scientific & Technical Instruments

Financial Ratios
Quick Ratio2.02
Working Capital0.1
Return On Equity0.06
Debt To Equity0.14
Fixed Asset Ratio0.01
Fixed Interest Cover423.67

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities -62M -280M -786M 244M
Total Cashflows From Investing Activities -129M -139M -155M -458M
Net Borrowings 180M 180M 180M
Total Cash From Financing Activities -209M -245M -47M -224M
Change To Operating Activities -11M 152M -72M 244M
Issuance Of Stock
Net Income 1.39B 1.28B 864M 1.06B
Change In Cash 1.17B 1.9B 1.67B 525M
Effect Of Exchange Rate 3M 3M 3M 3M
Total Cash From Operating Activities 1.51B 2.28B 1.88B 1.21B
Depreciation 179M 183M 181M 181M
Change To Account Receivables -72M 852M 1.97B -362M
Other Cashflows From Financing Activities -8M -4M -7M -4M
Change To Netincome -823M -714M -617M -431M
Capital Expenditures -129M -100M -102M -645M

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development 223M 256M 269M
Income Before Tax 2.15B 2.02B 1.34B 1.67B
Net Income 1.39B 1.28B 864M 1.06B
Selling General Administrative 3.52B 3.57B 3.44B 3.87B
Gross Profit 6.08B 5.92B 5.08B 5.38B
Ebit 2.17B 1.97B 1.27B 1.49B
Operating Income 2.17B 1.97B 1.27B 1.49B
Interest Expense -6M -4M -3M -3M
Income Tax Expense 681M 671M 441M 559M
Total Revenue 34.12B 32.06B 27.29B 28.33B
Cost Of Revenue 28.04B 26.14B 22.21B 22.95B
Total Other Income ExpenseNet -22M 47M 66M 174M
Net Income From Continuing Ops 1.47B 1.35B 896M 1.11B
Net Income Applicable To Common Shares 1.39B 1.28B 864M 1.06B

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 11.03B 10.8B 9.94B 10.51B
Total Stockholder Equity 11.79B 12.78B 13.48B 14.35B
Other Current Liabilities 1.09B 1.09B 823M 1.2B
Total Assets 23.34B 24.18B 24.05B 25.51B
Common Stock 1.44B 1.44B 1.44B 1.44B
Other Current Assets 214M 171M 112M 88M
Retained Earnings 8.71B 9.75B 10.39B 11.25B
Treasury Stock -229M -285M -226M -211M
Cash 2.71B 4.61B 6.29B 6.81B
Total Current Liabilities 9.46B 8.6B 7.52B 9.23B
Other Stockholder Equity 195M 139M 198M 213M
Property, Plant, and Equipment 5.05B 5B 4.92B 5.33B
Total Current Assets 16.05B 16.67B 16.54B 17.66B
Net Tangible Assets 11.7B 12.67B 13.35B 14.22B
Net Receivables 11.87B 10.7B 8.81B 9.15B
Accounts Payable 7.58B 7.3B 6.51B 6.75B


Insider Transactions

Here are the insider transactions of stock shares related to KYORITSU ELECTRIC 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 KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

Here is the result of two systematic investment strategies applied to KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -11.89% on the backtest period.

Performance at glance

Performance

-11.89 %

Latent gain

-1640.0 ¥

Invested capital

13790.0 ¥

Annualized return

-2.8 %
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Momentum strategy results on KYORITSU ELECTRIC CORPORATION

This is the result of two momentum investment strategies applied to KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC CORPORATION momentum entries
  • The first momentum investment strategy would give 2.37% of return on KYORITSU ELECTRIC CORPORATION. That represents 234.0¥ of latent gain with 9891.0¥ of employed capital.
  • The second momentum investment strategy would give -11.3% of return on KYORITSU ELECTRIC CORPORATION. That represents -1032.0¥ of latent gain with 9132.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

2.37 %

Latent gain

234.0 ¥

Invested capital

9891.0 ¥

Annualized return

-4.12 %
Performance at glance (2Q Momentum)

Performance

-11.3 %

Latent gain

-1032.0 ¥

Invested capital

9132.0 ¥

Annualized return

-3.01 %

Momentum equity curve on KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC CORPORATION momentum equity

Note: the dividends potentially given by KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

Buy the dip entry openings on KYORITSU ELECTRIC CORPORATION

KYORITSU ELECTRIC CORPORATION

The performance achieved by the robo-advisor on KYORITSU ELECTRIC CORPORATION is -9.24%. That represents -825.0$ of latent gain with 8925.0¥ of employed capital. The following chart shows KYORITSU ELECTRIC CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KYORITSU ELECTRIC 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

-9.24 %

Latent gain

-825.0 ¥

Invested capital

8925.0 ¥

Annualized return

-4.12 %

Equity curve of the strategy applied to KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC CORPORATION

Note: the dividends potentially given by KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC 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 KYORITSU ELECTRIC CORPORATION

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

Equity curve comparison on KYORITSU ELECTRIC CORPORATION

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

KYORITSU ELECTRIC CORPORATION investment strategy comparison

Employed capital comparison on KYORITSU ELECTRIC CORPORATION

KYORITSU ELECTRIC CORPORATION investment comparison

Performance comparison on KYORITSU ELECTRIC CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -11.89% -1640.0¥ 13790.0¥ -2.8%
Momentum 1 quarter 2.37% 234.0¥ 9891.0¥ 0.59%
Momentum 2 quarters -11.3% -1032.0¥ 9132.0¥ -3.01%
Non-directional -9.24% -825.0¥ 8925.0¥ -4.12%
Annualized return comparison

Automatic investment

-2.8 %

Momentum 1Q

-3.01 %

Momentum 2Q

-3.01 %

Non-directional

-4.12 %

Correlated stocks

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


Company information

Company name KYORITSU ELECTRIC CORPORATION
Country Japan
City Shizuoka
Address 61-1, Nakatahonmachi
Phone 81 5 4288 8888
Website www.kdwan.co.jp
FullTime employees
Industry Scientific & Technical Instruments
Sector Technology
Exchange XTKS
Ticker 6874.XTKS
Market www.jpx.co.jp

KYORITSU ELECTRIC 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