6776 Tensho Electric Industries
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Tensho Electric Industries News
Tensho Electric Industry: Interim Report
Tensho Electric Industry: Securities Report - 98th fiscal year (April 1, 2023 - March 31, 2024)
Tensho Electric Industry: Confirmation document.
Tensho Electric Research Memo (8): Achieving sustainable growth through expansion of domestic-oriented products and overseas business.
Mid-to-long-term growth strategy Tensho Electric Industry, Inc.(6776) has not made any announcements about its medium-term management plans. However, the company has set goals internally and is executing necessary actions. Currently, the future is uncertain, including the situation in Russia and Ukraine, but the company plans to execute the following measures in a steady manner: (1) Build a sustainable corporate structure that enables continuous growth Actively recruit personnel and continue to invest in facilities. In addition to investing in increased production, the company is also investing in machinery as cash flow becomes more stable.
Tensho Electric Research Memo (7): Operating profit for the March 2025 fiscal year is expected to increase by 31.7% compared to the previous period, with the possibility of exceeding expectations.
Future Outlook: Tensho Electric Industry Co., Ltd. (6776) expects revenue of 30000 million yen (+11.5% YoY), operating profit of 1400 million yen (+31.7% YoY), ordinary profit of 1400 million yen (+5.8% YoY), and net income attributable to shareholders of the parent company of 900 million yen (-5.2% YoY) for the consolidated performance for the fiscal year ending March 2025. Despite many uncertain factors such as the situation in Russia and Ukraine, and the power struggle between the US and China, automobile production is expected to recover further.
Tiansheng Electric Research Memo (6): The self-owned capital ratio has improved to 33.1%, and the free cash flow is also in the equilibrium range.
Performance trend of Ten Sho Electric Industry <6776> 2. Financial status and cash flow. The financial status at the end of March 2024 is as follows. Current assets decreased by 320 million yen compared to the previous year-end to reach 12,762 million yen. In major items, cash and deposits decreased by 312 million yen from the previous year-end, while bills and accounts receivable (including electronic record bonds) increased by 50 million yen and rack accounts increased by 130 million yen. Fixed assets increased by 713 million yen to reach 15.189 billion yen. The breakdown is as follows:
Tensho Electric Research Memo (5): Significant increase in profits expected for the March 2024 period. Recovery in the automobile market, and the US subsidiary enters the recovery period.
Performance Trend of Tensho Electric Industry <6776> 1. Performance Overview for the Fiscal Year Ending March 2024 (1) P/L Status For the consolidated performance of the fiscal year ending March 2024, revenue was 26,905 million yen (+12.6% YoY), operating profit was 1,062 million yen (+75.7% YoY), ordinary profit was 1,322 million yen (+75.8% YoY), and net income attributable to parent company shareholders was 948 million yen (+55.0% YoY). This was due to the recovery of production and sales for auto manufacturers, the main target, as well as active efforts over the past few years.
Tensho Den Research Memo (4): Accumulated technical expertise and customer trust over time are strengths (2).
Company Overview of Tensho Electric Industry Co., Ltd. (2) Design, Analysis, and Material Selection: a) In order to pursue the benefits of cutting-edge technology for customers, we use the latest technology to flexibly respond to customer needs, such as lightweighting of products, high efficiency of production, and conversion to recycled materials, while also pursuing cost reduction. b) Through product design utilizing CAE/CAD, we propose efficient production considering mold structure evaluation, mock-up evaluation, functional evaluation, and considering mold structure. c) We provide design proposals while considering the structure of molds and achieving efficient production without waste.
Tensho Electric Research Memo (2): a longstanding plastics molding product manufacturer.
Company Overview 1. Company Overview Tensho Electric Industries <6776> is a historical synthetic resin (plastic) molded product manufacturer founded in 1936 (Showa 11). The company was the first to change the radio cabinet from wood to plastic. Over a long history, it has dealt with various synthetic resin molding processes. Based on the accumulated technological capabilities during that time, it has expanded its business domain to include processing processes such as mold making and painting, and has also expanded production not only domestically but also overseas.
Tenshoden --- Surplus Dividends [Individual Stock Short Snap]
Tensho Electric Industries ＜6776＞ announced on the 23rd that it will pay dividends from surplus funds. After positioning return of profits to shareholders as one of the most important management issues, the company's basic policy is to implement a stable dividend policy taking into account strengthening its financial position and enhancing internal reserves necessary for active business development. In the current fiscal year, it was our policy to implement a year-end dividend of 5 yen per share (3 yen per share in the previous fiscal year), taking into account current financial results and future business developments, etc. The reference date is 2024/3/3,
TENSHO ELECTRIC INDUSTRIES: Notice Concerning Dividends from Surplus Funds
Tenshoden --- 2-digit increase in sales and profit for the fiscal year ended March 24, and molding-related businesses in Japan and the US remained strong
Tensho Electric Industries ＜6776＞ announced consolidated financial results for the fiscal year ending 2024/3 on the 15th. Net sales increased 12.6% from the previous fiscal year to 26.905 billion yen, operating profit increased 75.7% to 1,062 billion yen, ordinary profit increased 75.8% to 1,322 billion yen, and net income attributable to parent company shareholders increased 55.0% to 948 million yen. Sales in the Japan Molding-related business increased 5.0% from the previous fiscal year to 20.047 billion yen, and segment profit increased 34.1% to 568 million yen. New models until the first semester
Check out the disclosed information for [Tomorrow's Good and Bad Materials]! (Announced on 5/15)
[Good news] ---- ---- ■ITbook Holdings [Tokyo Stock Exchange G] Current financial results increased 26% to the highest profit for 4 consecutive terms, to 6 yen this fiscal year. ■GNI Group [TSE G] landed in surplus at the end of the January-March period (1Q). Also, we will proceed with preparations for applying for a market classification change to the Tokyo Stock Exchange Prime Market. In addition, a joint venture for drug discovery and investment businesses utilizing AI technology will be established with Oltz and Governance Partners. ■Huh
Tensho Electric Inds FY Net Y948.00M Vs Net Y612.00M
Tensho Electric Industries Co. Ltd. (6776.TO) Japan Year Ended March 31 GROUP 2024 2023 Revenue Y26.91 bln Y23.90 bln Operating Profit Y1.06 b
TENSHO ELECTRIC INDUSTRIES: Financial Results for the Fiscal Year Ending March 31, 2024 [Japanese GAAP] (Consolidated)
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