Balance Sheet StrengthA high equity ratio and very low leverage provide durable financial flexibility, reducing refinancing risk and supporting cyclical cushioning. This allows the company to fund maintenance capex, support customers, and maintain dividends or opportunistic investments without relying on debt.

Improving Margins And ProfitabilitySustained expansion in gross and net margins indicates durable cost control and pricing power likely from specialty refractory mix. Higher margins increase free cash generation and resilience to raw-material swings, supporting reinvestment in product development and higher-value sales.

Positive Free Cash Flow And Cash ConversionConsistent positive free cash flow and efficient conversion of earnings into cash underpin internal funding for capex, repairs and customer service. This reduces dependence on external finance, enabling steady reinvestment, working-capital needs, and shareholder distributions.

Bears Say

End-market CyclicalityRevenue is structurally tied to heavy-industry production cycles—especially steel—so downturns in crude steel output or industrial activity can materially reduce demand for refractories. This cyclicality creates recurring revenue volatility and planning challenges for long-term capacity utilization.

Decline In Operating Cash FlowA year-over-year drop in operating cash flow signals rising working-capital needs or weaker cash profitability. If this trend persists it could limit internal funding for maintenance and R&D, force slower growth, or increase reliance on external financing despite positive overall cash balances.

Modest Return On EquityAn ROE under 10% suggests only moderate capital efficiency relative to higher-return industrial peers. Over time this can constrain shareholder value creation unless management increases higher-margin specialty sales or improves asset utilization to lift long-term returns.

5363 FAQ

What was TYK Corporation’s price range in the past 12 months?

TYK Corporation lowest stock price was ¥411.00 and its highest was ¥658.00 in the past 12 months.

What is TYK Corporation’s market cap?

TYK Corporation’s market cap is ¥26.30B.

When is TYK Corporation’s upcoming earnings report date?

TYK Corporation’s upcoming earnings report date is May 15, 2026 which is in 81 days.

How were TYK Corporation’s earnings last quarter?

TYK Corporation released its earnings results on Feb 13, 2026. The company reported ¥25.166 earnings per share for the quarter, beating the consensus estimate of N/A by ¥25.166.

Is TYK Corporation overvalued?

According to Wall Street analysts TYK Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does TYK Corporation pay dividends?

TYK Corporation pays a Semiannually dividend of ¥10.6 which represents an annual dividend yield of 3.52%. See more information on TYK Corporation dividends here

What is TYK Corporation’s EPS estimate?

TYK Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does TYK Corporation have?

TYK Corporation has 45,477,000 shares outstanding.

What happened to TYK Corporation’s price movement after its last earnings report?

TYK Corporation reported an EPS of ¥25.166 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.404%.

Which hedge fund is a major shareholder of TYK Corporation?

Currently, no hedge funds are holding shares in JP:5363

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

TYK Corporation

TYK Corporation engages in the development, production, and sale of refractory bricks primarily for use in steel making worldwide. It also offers fine ceramics, including metal matrix composites; and porcelain products and construction materials for aesthetic purposes. In addition, the company provides refractory products for converters, secondary refining, gas blowing, flow control system, pig iron making, continuous casting, cement and lime kiln, incineration and industrial furnace, and refactory engineering. Further, the company offers bricks for pig iron ladles, precast blocks, lance pipes, tuyere sleeves for blast furnace, and auxiliary machinery and equipment; and advanced materials, such as fine ceramics, abrasion-resistant materials, composite material, ceramic sensors, carbon sheets, brake material, and ceramic filter. Additionally, it provides analytical testing and engine test bench services. TYK Corporation was founded in 1947 and is headquartered in Minato, Japan.