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Tokyo Cosmos Electric Co., Ltd.
(6772)
Tokyo Cosmos Electric Co., Ltd. (6772) vs. iShares MSCI Japan ETF (EWJ)
Tokyo Cosmos Electric Co., Ltd. Business Overview & Revenue Model
Tokyo Cosmos Electric Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.51B | 10.51B | 10.43B | 10.71B | 9.51B | 7.87B |
| Gross Profit | 2.92B | 2.92B | 2.75B | 2.74B | 2.15B | 1.38B |
| EBITDA | 1.50B | 1.50B | 1.97B | 2.18B | 1.61B | 769.98M |
| Net Income | 709.01M | 709.01M | 962.25M | 1.17B | 630.03M | -161.52M |
Balance Sheet | ||||||
| Total Assets | 12.01B | 12.01B | 12.42B | 13.40B | 12.73B | 13.08B |
| Cash, Cash Equivalents and Short-Term Investments | 3.34B | 3.34B | 3.58B | 4.04B | 3.22B | 3.10B |
| Total Debt | 1.51B | 1.51B | 2.46B | 4.30B | 5.13B | 5.97B |
| Total Liabilities | 4.44B | 4.44B | 5.41B | 7.49B | 8.05B | 9.14B |
| Stockholders Equity | 7.58B | 7.58B | 7.00B | 5.92B | 4.68B | 3.95B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 976.40M | 1.46B | 1.46B | 981.42M | 206.87M |
| Operating Cash Flow | 0.00 | 1.20B | 1.63B | 1.71B | 1.22B | 558.79M |
| Investing Cash Flow | 0.00 | -216.35M | -163.00M | -204.10M | -161.04M | -186.64M |
| Financing Cash Flow | 0.00 | -1.15B | -2.14B | -874.50M | -1.06B | 1.21B |
Tokyo Cosmos Electric Co., Ltd. Technical Analysis
Tokyo Cosmos Electric Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ¥32.30B | 12.52 | 5.18% | -4.88% | -8.72% | ||
76 Outperform | ¥19.93B | 13.13 | 3.30% | 3.56% | -44.16% | ||
75 Outperform | ¥10.54B | 57.09 | 5.52% | -2.65% | -74.99% | ||
68 Neutral | ¥13.05B | 21.01 | 1.73% | 1.49% | -26.82% | ||
61 Neutral | $35.51B | 8.11 | -11.05% | 1.89% | 8.55% | -8.72% | |
46 Neutral | ¥4.63B | ― | 2.01% | -21.49% | -155.24% |
Tokyo Cosmos Electric Co., Ltd. Corporate Events
Tokyo Cosmos Electric Co., Ltd. announced progress regarding a tender offer for its shares by Bourns Japan Holdings LLC. The tender offer’s commencement has been delayed due to undisclosed material facts, leading to ongoing negotiations between the parties. The company initially expressed support for the tender offer, aiming to become a wholly owned subsidiary of Bourns Japan Holdings LLC, but has revised its opinion due to changing circumstances and input from a special committee.
Tokyo Cosmos Electric Co., Ltd. announced a revision to its previous support for a tender offer by Bourns Japan Holdings LLC to acquire all its shares. This decision follows significant changes in the company’s management and the clear stance of major shareholders who do not intend to tender their shares, making the completion of the tender offer unlikely. The board, respecting the Special Committee’s response, decided to withdraw its recommendation for the tender offer due to the lack of conditions to form a definitive opinion.
Tokyo Cosmos Electric Co., Ltd. announced progress on a tender offer for its shares by Bourns Japan Holdings LLC, which was initially scheduled to commence on June 30, 2025. Due to undisclosed material facts and ongoing negotiations, the commencement date has been postponed to early or mid-July 2025, pending the fulfillment or waiver of certain conditions. This delay indicates ongoing complexities in the transaction, impacting the company’s strategic operations and potentially affecting shareholder interests.
Tokyo Cosmos Electric Co., Ltd. has announced a partial revision to a previous press release concerning the tender offer for its shares by Bourns Japan Holdings LLC. The revised announcement highlights the intention of Bourns to make Tokyo Cosmos a wholly owned subsidiary, with the transaction being a key topic at the upcoming annual general meeting. This move is expected to influence the company’s management policies and could lead to the delisting of its shares, impacting shareholders and the company’s market position.
Tokyo Cosmos Electric Co., Ltd. has announced its support for a tender offer by Bourns Japan Holdings LLC to acquire all of its shares, aiming to make the company a wholly owned subsidiary. This move is positioned as beneficial for shareholders, with the tender offer expected to be a key topic at the upcoming annual general meeting, potentially impacting the company’s future management and shareholder value.
Tokyo Cosmos Electric Co., Ltd. announced the appointment of Kenichiro Oikawa as an inspector for their upcoming general meeting of shareholders on June 24, 2025. This appointment follows a petition by Global ESG Strategy to ensure proper procedures and resolution methods are followed during the meeting, highlighting the company’s commitment to transparency and governance.
Tokyo Cosmos Electric Co., Ltd. has announced that a shareholder, Global ESG Strategy, has filed a petition with the Yokohama District Court for the appointment of inspectors for the company’s upcoming general meeting of shareholders. This move is intended to ensure transparency and proper procedures during the meeting scheduled for June 24, 2025, highlighting the company’s focus on governance and stakeholder engagement.
Tokyo Cosmos Electric Co., Ltd. announced a change in its board of directors, with Shinichiro Kohri being appointed as a new director and Deputy General Manager of the Technology Division. This change is part of the company’s ongoing efforts to strengthen its leadership team and enhance its technological capabilities. Additionally, TOCOS has received shareholder proposals, which the board has opposed, indicating a strategic decision to maintain its current operational direction.
Tokyo Cosmos Electric Co., Ltd. announced that its Board of Directors has resolved to oppose a shareholder proposal from Global ESG Strategy, which suggested appointing five new directors to improve corporate value and address challenges such as deteriorating growth and profitability. The proposal emphasized the need for new leadership to implement a growth strategy, but the current board decided against it, potentially impacting the company’s strategic direction and stakeholder relations.
Tokyo Cosmos Electric Co., Ltd. has announced its decision to oppose a shareholder proposal from Seisei Co., Ltd., which suggested the election of three new directors to address perceived inefficiencies in the company’s management. The proposal highlighted concerns about the current management’s conservative approach and lack of initiative in adapting to significant business environment changes, as well as insufficient efforts in mergers and acquisitions and leveraging strengths in its Chinese subsidiary.
Tokyo Cosmos Electric Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in net sales by 0.7% compared to the previous year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 17.5%, 26.7%, and 26.3% respectively. Despite these challenges, the company increased its annual dividend per share from 145 yen to 175 yen, indicating a commitment to returning value to shareholders. The equity ratio improved to 63.1%, reflecting a stronger financial position. The company did not provide a forecast for the upcoming fiscal year due to uncertainties in revenue trends, highlighting the need for caution in future planning.