TOPCON CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,754.07
Dividend & Yield40.00¥ (2.19%)
Beta 1.45
Market capitalization 190.63B
Operating cash flow N/A
ESG Scores unknown

Company description

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. It offers 3d oct, retinal camera, slit lamps, auto refractometer, auto kerato-refractometer, tonometer, specular microscope, photocoagulator, operation microscope, vision tester, lensmeter, and chart projector, as well as IMAGEnet, an ophthalmic data system; and crop analysis, data management, guidance and autosteering, weighing and measurement, mapping, implement control, and feed management products. The company also provides geopositioning products comprising optical instruments, total stations, GPS systems, laser scanning, mobile mapping, GPS networks, field controllers, software, survey solutions; and construction products, including elevation lasers, alignment lasers, GPS rovers, layout instruments, equipment automation, sonic grade control, workflow solutions, and telematics site management. The company was formerly known as Tokyo Optical Co., Ltd. and changed its name to Topcon Corporation in 1989. Topcon Corporation was incorporated in 1932 and is headquartered in Tokyo, Japan.

Sector: Technology - Industry: Scientific & Technical Instruments

Financial Ratios
Quick Ratio1.21
Working Capital0.2
Return On Equity0.13
Debt To Equity0.27
Fixed Asset Ratio0.16
Fixed Interest Cover35.75

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 796M 589M 2.43B 2.9B
Total Cashflows From Investing Activities -6.67B -6.81B -9.23B -9.78B
Net Borrowings -4.7B 7.61B -3.37B -9.86B
Total Cash From Financing Activities -7.8B 2B -6.2B -13.61B
Change To Operating Activities -1.61B -246M 1.22B 453M
Issuance Of Stock
Net Income 6.55B 935M 2.38B 10.7B
Change In Cash 236M 2.85B 4.66B -1.44B
Effect Of Exchange Rate 189M -285M 645M 1.42B
Total Cash From Operating Activities 14.51B 7.94B 19.44B 20.53B
Depreciation 8.13B 8.76B 9.27B 9.68B
Change To Account Receivables -359M 3.21B -461M -550M
Other Cashflows From Financing Activities -770M -1.79B -1.77B -1.64B
Change To Netincome 627M -2.1B -1.99B -2.27B
Capital Expenditures -3.36B -4.95B -5.26B -4.94B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.48B 2.91B 4.92B 14.64B
Net Income 6.55B 935M 2.38B 10.7B
Selling General Administrative 58.31B 60.15B 54.44B 66.77B
Gross Profit 78.52B 72.63B 67.9B 90.09B
Ebit 13.6B 4.82B 6.59B 16.41B
Operating Income 13.6B 4.82B 6.59B 16.41B
Interest Expense -1.04B -915M -601M -459M
Income Tax Expense 827M 2.04B 2.43B 3.7B
Total Revenue 148.69B 138.92B 137.25B 176.42B
Cost Of Revenue 70.17B 66.28B 69.35B 86.33B
Total Other Income ExpenseNet -7.12B -1.91B -1.68B -1.76B
Net Income From Continuing Ops 5.65B 871M 2.49B 10.95B
Net Income Applicable To Common Shares 6.55B 935M 2.38B 10.7B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 89.14B 97.06B 97.52B 99.83B
Total Stockholder Equity 69.08B 63.16B 69.42B 83.56B
Other Current Liabilities 8.34B 8.64B 9.92B 13.69B
Total Assets 160.29B 161.72B 168.21B 184.98B
Common Stock 16.66B 16.68B 16.7B 16.71B
Other Current Assets 7.61B 8.56B 9.67B 10.66B
Retained Earnings 37.59B 35.75B 37.07B 45.67B
Treasury Stock -5.99B -9.9B -4.95B 573M
Cash 13.89B 16.13B 20.82B 20.12B
Total Current Liabilities 44.36B 68.37B 49.06B 61.39B
Other Stockholder Equity -3.9B -6.73B -1.78B 3.74B
Property, Plant, and Equipment 16.95B 20.74B 22.52B 24.86B
Total Current Assets 96.15B 98.53B 101.94B 114.04B
Net Tangible Assets 36.67B 34.48B 41.46B 53.64B
Net Receivables 43.51B 38.08B 39.05B 43.63B
Accounts Payable 11.99B 12.98B 12.88B 15.69B


Insider Transactions

Here are the insider transactions of stock shares related to TOPCON 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 TOPCON 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 TOPCON CORPORATION

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

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

TOPCON CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -25.69% on the backtest period.

Performance at glance

Performance

-25.69 %

Latent gain

-2964.0 ¥

Invested capital

11538.0 ¥

Annualized return

-6.12 %
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Momentum strategy results on TOPCON CORPORATION

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

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

TOPCON CORPORATION momentum entries
  • The first momentum investment strategy would give -25.69% of return on TOPCON CORPORATION. That represents -2470.0¥ of latent gain with 9615.0¥ of employed capital.
  • The second momentum investment strategy would give -26.42% of return on TOPCON CORPORATION. That represents -2566.0¥ of latent gain with 9711.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-25.69 %

Latent gain

-2470.0 ¥

Invested capital

9615.0 ¥

Annualized return

8.9 %
Performance at glance (2Q Momentum)

Performance

-26.42 %

Latent gain

-2566.0 ¥

Invested capital

9711.0 ¥

Annualized return

-7.1 %

Momentum equity curve on TOPCON CORPORATION

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

TOPCON CORPORATION momentum equity

Note: the dividends potentially given by TOPCON 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 TOPCON CORPORATION

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

TOPCON 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 TOPCON CORPORATION

Buy the dip entry openings on TOPCON CORPORATION

TOPCON CORPORATION

The performance achieved by the robo-advisor on TOPCON CORPORATION is 19.57%. That represents 1871.0$ of latent gain with 9561.0¥ of employed capital. The following chart shows TOPCON CORPORATION stock price with all the entries opened by the automated investment system.

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

19.57 %

Latent gain

1871.0 ¥

Invested capital

9561.0 ¥

Annualized return

8.9 %

Equity curve of the strategy applied to TOPCON CORPORATION

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

TOPCON CORPORATION

Note: the dividends potentially given by TOPCON 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 TOPCON CORPORATION

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

TOPCON 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 TOPCON CORPORATION

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

Equity curve comparison on TOPCON CORPORATION

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

TOPCON CORPORATION investment strategy comparison

Employed capital comparison on TOPCON CORPORATION

TOPCON CORPORATION investment comparison

Performance comparison on TOPCON CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -25.69% -2964.0¥ 11538.0¥ -6.12%
Momentum 1 quarter -25.69% -2470.0¥ 9615.0¥ -6.49%
Momentum 2 quarters -26.42% -2566.0¥ 9711.0¥ -7.1%
Non-directional 19.57% 1871.0¥ 9561.0¥ 8.9%
Annualized return comparison

Automatic investment

-6.12 %

Momentum 1Q

-7.1 %

Momentum 2Q

-7.1 %

Non-directional

8.9 %

Correlated stocks

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


Company information

Company name TOPCON CORPORATION
Country Japan
City Tokyo
Address 75-1, Hasunuma-cho
Phone 81 3 3558 2532
Website www.topcon.co.jp
FullTime employees 5248
Industry Scientific & Technical Instruments
Sector Technology
Exchange XTKS
Ticker 7732.XTKS
Market www.jpx.co.jp

TOPCON 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