TECHNO ASSOCIE CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 4,655.04
Dividend & Yield38.00¥ (3.24%)
Beta 0.36
Market capitalization 22.07B
Operating cash flow N/A
ESG Scores unknown

Company description

TECHNO ASSOCIE Co., Ltd. designs, manufactures, and sells fasteners, processed components, metal materials, raw steel, electrical components, chemical products, and industrial machineries worldwide. It offers structural parts for smartphones, tablets, digital cameras, and car navigation systems, as well as wearables; automotive metal and molded products, such as engines, transmissions, electrical components, anti-vibration, brakes, seats, and interior products; and solutions for air conditioners, refrigerators, copiers, robotics, and smart meters. The company also provides housing and construction products, such as solar power generation systems and other products for energy-creating equipment and installation materials; double-sided tape adhesive, tie bolts, and other house construction work-saving products; decorative products for housing equipment and home renovation; and exterior materials. In addition, it offers fastener products, including JIS standard screws, tapping screws for resin, tapping screws for light alloys, high-strength screws, lightweight screws, special surface treatment, anti-loosening screws and nuts, tapping screws for thin gage metal, anti-cam out screws, micro screws, anti-corrosion screws, functional rivets, and imported products. Further, the company provides industrial tapes, industrial adhesives, rubber parts, styrofoams, non-woven fabrics, highly functional films, PTFE porous films, filters, heat-damage-prevention products, noise-damage-prevention products, electromagnetic-prevention products, water-proof/water-stop products, and flame-resistant and non-combustible materials. Additionally, it offers machine tools and factory automation products; parts for medical equipment; fastener parts and decorative materials for trains; and caterpillar forgings for construction machinery. The company was founded in 1804 and is headquartered in Osaka, Japan. TECHNO ASSOCIE Co., Ltd. operates as a subsidiary of Sumitomo Electric Industries, Ltd.

Sector: Industrials - Industry: Industrial Distribution

Financial Ratios
Quick Ratio2.24
Working Capital0.06
Return On Equity0.05
Debt To Equity0
Fixed Asset Ratio0.01
Fixed Interest Cover101.72

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 462M -241M 800M 1.17B
Total Cashflows From Investing Activities -2.29B -528M -2.04B -2.5B
Net Borrowings -30M -977M -114M -44M
Total Cash From Financing Activities -620M -1.9B -1.07B -1.31B
Change To Operating Activities -398M -344M 57M 525M
Issuance Of Stock
Net Income 2.29B 1.53B 1.39B 2.42B
Change In Cash -1.1B 2.31B 4M -3.83B
Effect Of Exchange Rate 32M -237M 346M 685M
Total Cash From Operating Activities 1.78B 4.79B 2.77B -785M
Depreciation 815M 1.37B 1.42B 1.45B
Change To Account Receivables -1.56B 2.47B -993M -2.06B
Other Cashflows From Financing Activities -68M -401M -434M -671M
Change To Netincome -986M -644M -669M -703M
Capital Expenditures -804M -750M -454M -1.52B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 3.48B 2.54B 2.21B 3.76B
Net Income 2.29B 1.53B 1.39B 2.42B
Selling General Administrative 13.72B 13.18B 12.53B 13.38B
Gross Profit 17.3B 16.38B 15.56B 17.84B
Ebit 3B 2.21B 2.14B 3.65B
Operating Income 3B 2.21B 2.14B 3.65B
Interest Expense -5M -54M -40M -36M
Income Tax Expense 989M 801M 683M 1.2B
Total Revenue 79.52B 78.95B 73.08B 86.02B
Cost Of Revenue 62.22B 62.58B 57.52B 68.18B
Total Other Income ExpenseNet 478M 333M 71M 110M
Net Income From Continuing Ops 2.49B 1.74B 1.52B 2.57B
Net Income Applicable To Common Shares 2.29B 1.53B 1.39B 2.42B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 17.22B 17.12B 18.27B 20.74B
Total Stockholder Equity 46.57B 46.58B 48.79B 52.24B
Other Current Liabilities 1.73B 1.74B 2.04B 2.93B
Total Assets 64.98B 65.03B 68.57B 74.52B
Common Stock 5B 5B 5B 5B
Other Current Assets 819M 827M 884M 1.01B
Retained Earnings 36.49B 37.49B 38.35B 40.09B
Treasury Stock -49M -1.04B 306M 2.02B
Cash 13.98B 16.54B 17.91B 14.82B
Total Current Liabilities 16.54B 15.66B 16.81B 19.45B
Other Stockholder Equity 1.27B 276M 1.62B 3.33B
Property, Plant, and Equipment 10.06B 11.38B 11.09B 11.78B
Total Current Assets 49.71B 49.94B 52.92B 58.59B
Net Tangible Assets 46.21B 46B 48.15B 51.54B
Net Receivables 26.24B 23.72B 24.98B 27.77B
Accounts Payable 12.84B 12.55B 13.51B 15.21B


Insider Transactions

Here are the insider transactions of stock shares related to TECHNO ASSOCIE 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 TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

Here is the result of two systematic investment strategies applied to TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

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

TECHNO ASSOCIE CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -6.69% on the backtest period.

Performance at glance

Performance

-6.69 %

Latent gain

-683.0 ¥

Invested capital

10205.0 ¥

Annualized return

-1.56 %
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Momentum strategy results on TECHNO ASSOCIE CO

This is the result of two momentum investment strategies applied to TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

The following chart shows all the entries opened by the momentum investment system on TECHNO ASSOCIE CO:

TECHNO ASSOCIE CO momentum entries
  • The first momentum investment strategy would give -15.31% of return on TECHNO ASSOCIE CO. That represents -1339.0¥ of latent gain with 8745.0¥ of employed capital.
  • The second momentum investment strategy would give -8.79% of return on TECHNO ASSOCIE CO. That represents -816.0¥ of latent gain with 9280.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-15.31 %

Latent gain

-1339.0 ¥

Invested capital

8745.0 ¥

Annualized return

1.68 %
Performance at glance (2Q Momentum)

Performance

-8.79 %

Latent gain

-816.0 ¥

Invested capital

9280.0 ¥

Annualized return

-2.31 %

Momentum equity curve on TECHNO ASSOCIE CO

The following chart shows the equity curve of the two momentum strategies applied to TECHNO ASSOCIE CO:

TECHNO ASSOCIE CO momentum equity

Note: the dividends potentially given by TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

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

TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

Buy the dip entry openings on TECHNO ASSOCIE CO

TECHNO ASSOCIE CO

The performance achieved by the robo-advisor on TECHNO ASSOCIE CO is 3.83%. That represents 39.0$ of latent gain with 1019.0¥ of employed capital. The following chart shows TECHNO ASSOCIE CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TECHNO ASSOCIE 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

3.83 %

Latent gain

39.0 ¥

Invested capital

1019.0 ¥

Annualized return

1.68 %

Equity curve of the strategy applied to TECHNO ASSOCIE CO

The following chart shows the result of the investment strategy applied to TECHNO ASSOCIE CO:

TECHNO ASSOCIE CO

Note: the dividends potentially given by TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

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

TECHNO ASSOCIE 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 TECHNO ASSOCIE CO

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

Equity curve comparison on TECHNO ASSOCIE CO

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

TECHNO ASSOCIE CO investment strategy comparison

Employed capital comparison on TECHNO ASSOCIE CO

TECHNO ASSOCIE CO investment comparison

Performance comparison on TECHNO ASSOCIE CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -6.69% -683.0¥ 10205.0¥ -1.56%
Momentum 1 quarter -15.31% -1339.0¥ 8745.0¥ -3.79%
Momentum 2 quarters -8.79% -816.0¥ 9280.0¥ -2.31%
Non-directional 3.83% 39.0¥ 1019.0¥ 1.68%
Annualized return comparison

Automatic investment

-1.56 %

Momentum 1Q

-2.31 %

Momentum 2Q

-2.31 %

Non-directional

1.68 %

Correlated stocks

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


Company information

Company name TECHNO ASSOCIE CO
Country Japan
City Osaka
Address 3-3-17 Tosabori
Phone 81 6 6459 2101
Website www.technoassocie.co.jp
FullTime employees 1408
Industry Industrial Distribution
Sector Industrials
Exchange XTKS
Ticker 8249.XTKS
Market www.jpx.co.jp

TECHNO ASSOCIE 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