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Mitsuba Corporation
(7280)
Mitsuba Corporation (7280) vs. iShares MSCI Japan ETF (EWJ)
Mitsuba Corporation Business Overview & Revenue Model
Mitsuba Corporation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 345.60B | 349.35B | 344.15B | 319.50B | 286.48B | 269.20B |
| Gross Profit | 54.29B | 54.29B | 52.48B | 40.04B | 38.91B | 38.05B |
| EBITDA | 36.18B | 35.94B | 37.06B | 24.81B | 23.69B | 24.10B |
| Net Income | 11.86B | 11.86B | 13.74B | 1.19B | 83.00M | 732.00M |
Balance Sheet | ||||||
| Total Assets | 333.44B | 333.53B | 357.49B | 328.45B | 342.75B | 343.14B |
| Cash, Cash Equivalents and Short-Term Investments | 103.87B | 97.91B | 102.25B | 75.79B | 74.56B | 78.75B |
| Total Debt | 150.28B | 160.31B | 170.99B | 178.86B | 188.09B | 196.57B |
| Total Liabilities | 223.78B | 222.65B | 234.91B | 241.50B | 254.55B | 266.92B |
| Stockholders Equity | 96.07B | 95.70B | 101.64B | 66.77B | 68.02B | 58.37B |
Cash Flow | ||||||
| Free Cash Flow | 28.44B | 29.24B | 31.13B | 19.75B | 770.00M | 7.80B |
| Operating Cash Flow | 37.89B | 38.02B | 41.51B | 29.62B | 12.00B | 15.41B |
| Investing Cash Flow | -9.36B | -6.88B | -5.24B | -9.17B | -6.84B | -6.66B |
| Financing Cash Flow | -16.83B | -33.92B | -13.79B | -20.68B | -13.03B | 12.82B |
Mitsuba Corporation Technical Analysis
Mitsuba Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥44.15B | 3.70 | 1.03% | -1.12% | -24.58% | ||
61 Neutral | $17.92B | 12.81 | -0.76% | 2.98% | 1.30% | -14.28% | |
| ― | €253.17M | 6.83 | 8.65% | ― | ― | ― | |
| ― | €255.57M | 13.94 | 4.24% | ― | ― | ― | |
79 Outperform | ¥36.07B | 7.28 | 3.49% | 1.00% | 413.42% | ||
72 Outperform | ¥45.05B | 11.47 | 2.37% | -18.46% | -48.08% | ||
55 Neutral | ¥16.73B | 7.96 | 2.58% | -7.01% | -108.77% |
Mitsuba Corporation Corporate Events
Mitsuba Corporation has announced the conclusion of a syndicated term loan agreement to refinance existing borrowings, amounting to 36,388 million yen, with a repayment deadline set for March 31, 2031. The agreement includes financial covenants to maintain equity levels and avoid consecutive fiscal losses, with minimal impact expected on the company’s financial results for the fiscal year ending March 2026.
Mitsuba Corporation reported a decline in net sales by 4.5% for the three months ended June 30, 2025, compared to the same period last year. Despite the decrease in sales, the company experienced a slight increase in operating profit by 3.9% and ordinary profit by 11.0%. The financial forecast for the fiscal year ending March 31, 2026, indicates a further decline in net sales and profits, reflecting challenges in the market and potential impacts on stakeholders.
Mitsuba Corporation has successfully completed the payment procedures for the disposal of treasury stock as part of its Restricted Stock Compensation plan. This move involves the disposal of 76,817 shares at a price of 807 Yen per share, totaling 61,991,319 Yen, and is aimed at compensating directors and officers, potentially impacting the company’s financial structure and stakeholder interests.
Mitsuba Corporation has announced a resolution to dispose of its treasury stock as part of a restricted stock compensation plan. This initiative aims to incentivize directors and executive officers to enhance corporate value over the medium to long term by aligning their interests with those of shareholders. The plan involves disposing of 76,817 shares of common stock to eligible directors and officers, with specific conditions on transfer restrictions and service periods to ensure sustained commitment to the company’s growth objectives.
Mitsuba Corporation’s Board of Directors has opposed a shareholder proposal presented for the upcoming Annual General Meeting. The proposal sought to amend the Articles of Incorporation to allow shareholders to decide on dividend resolutions, citing insufficient shareholder returns. The Board argues that their current policy ensures stable returns while supporting future growth through strategic investments.
MITSUBA Corporation’s board of directors has resolved to repurchase fractional shares resulting from a recent share exchange with its subsidiary, Tatsumi Corporation. This move, in accordance with the Companies Act, involves purchasing 74 ordinary shares to streamline the company’s share structure, potentially enhancing shareholder value and operational efficiency.
Mitsuba Corporation has announced the introduction of a restricted stock compensation plan for its directors, aiming to align their interests with those of shareholders and enhance corporate value. This plan, pending shareholder approval, will allocate restricted stock to eligible directors, with a cap of 200,000 shares annually, and is designed to incentivize sustainable growth and shared value creation.
Mitsuba Corporation reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in net sales by 1.5% to ¥349,353 million. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners, with decreases of 1.1%, 11.4%, and 13.7% respectively. The company also announced an increase in annual dividends from ¥6.00 to ¥10.00 per share. The financial forecast for the next fiscal year anticipates further declines in net sales and profits, with a significant impact expected from tariffs, although these have not been factored into the forecast.
Mitsuba Corporation announced changes in its board of directors, with new appointments and reappointments set to be confirmed at the upcoming Ordinary General Meeting of Shareholders. This restructuring is part of the company’s ongoing efforts to strengthen its leadership and enhance corporate governance, potentially impacting its strategic direction and stakeholder confidence.