1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Dealerships
Apple International Co., Ltd.

Apple International Co., Ltd.

2788.T
Apple International Co., Ltd.JP flagTokyo Stock Exchange
378.00
JPY
+1.00
- -
4.88BMarket Cap
Apple International Co., Ltd.
2788.T
(Tokyo Stock Exchange)

Recent

price

378.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2,758.65
2,190.78
1,933.94
2,489.67
3,266.69
2,043.11
1,188.31
1,027.15
1,344.58
1,275.06
1,413.5
1,347.54
2,180.74
2,397.6
3,410.58
- -
2,954.61
Revenue per Share
-128.72
-56.88
-23.69
4.05
-82.71
102.17
31.19
15.38
70.88
11.42
23.72
29.12
99.31
78.17
93.33
- -
70.03
Basic EPS, GAAP
113.24
-29.14
-70.73
-119.6
-2.38
-34.85
-1.94
59.32
-216.27
-10.31
-135.93
196.25
-46.72
-23.06
-96.1
- -
- -
Free Cash Flow per Basic Share
0.09
0.05
0.01
- -
- -
- -
- -
- -
4.93
4.97
1.99
5.01
5.17
5.01
14.9
- -
- -
Dividend per Share
272.1
368.26
344.56
348.61
265.9
363.02
483.61
475.4
381.89
388.31
410.03
433.99
542.63
637.28
718.16
- -
677.48
Book Value per Share
468.87
463.75
384.87
434.77
304.52
313.58
415.59
432.32
433.03
442.03
463.71
491.08
591.84
694.62
792.08
- -
743.37
Tangible Book Value per Share
12
12
12
12
12
12
12
13
14
14
14
14
13
13
13
- -
13
Basic Weighted Avg Shares
34,377
27,300
24,100
31,025
40,708
25,460
14,808
13,635
18,611
17,649
19,565
18,664
29,223
30,911
43,796
40,810
37,940
Sales/Revenue/Turnover
1.45
0.41
-0.7
2.41
1.45
5.19
3.3
2.39
2.65
0.93
1.82
1.73
4.99
3.55
3.14
1.39
2.79
Operating Margin (%)
153
164
182
191
224
37
36
42
60
125
97
82
77
61
69
49
- -
Depreciation Expense
-1,604
-709
-295
50
-1,031
1,273
389
204
981
158
328
403
1,331
1,008
1,199
788
899
Net Income, GAAP
- -
- -
- -
225.23
- -
9.89
16.55
31.27
4.05
31.41
23.3
18.79
18.01
16.33
17.33
20.81
17.87
Effective Tax Rate (%)
-4.67
-2.6
-1.23
0.16
-2.53
5
2.62
1.5
5.27
0.9
1.68
2.16
4.55
3.26
2.74
1.93
2.37
Profit Margin (%)
3,782
3,002
2,386
2,824
2,224
2,984
5,787
6,161
5,751
6,192
6,524
7,128
8,042
8,759
9,740
10,451
9,704
Working Capital
109
340
305
194
105
149
1,080
989
1,029
1,572
1,716
2,411
2,304
1,553
1,559
1,904
1,964
LT Debt
6,190
5,827
4,829
5,445
3,824
3,951
5,219
5,767
6,054
6,164
6,462
6,838
7,950
8,968
10,182
10,893
9,557
Total Equity
- -
- -
- -
-5.01
- -
10.57
6.03
3.12
5.71
1.18
2.45
2.08
8.66
6.03
6.7
2.4
5.09
Return on Invested Capital (%)
- -
- -
- -
-3.26
- -
12.69
5.24
3.19
13.07
1.78
3.01
3.25
9.76
6.63
7.17
4.54
5.18
Return on Capital (%)
-56.98
-17.77
-6.65
1.17
-26.92
32.49
7.37
3.31
16.92
2.97
5.94
6.9
20.04
13.01
13.75
8.28
10.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
5,057
6,408
6,392
LT Borrowings
1,553
1,901
1,964
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
5,272
4,880
7,525

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
14,791
17,246
17,828
Cash, Cash Equivalents & STI
4,500
2,911
4,237
Accounts Receivable, Net
3,628
6,459
5,885
Inventories
6,329
6,777
7,221
Total Current Liabilities
6,032
7,965
8,124
Payables & Accruals
- -
- -
- -
ST Debt
5,057
6,408
6,392
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.96%
11.08%
6.98%
Free Cash Flow
-301.11%
-39.19%
-91.05%
Net Income, GAAP
50.05%
42.63%
-34.27%
Sales/Revenue/Turnover
8.5%
18.52%
-6.82%
Total Cash Common Dividend
- -
67.78%
-1.74%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,379
9,769
- -
- -
43,796
2025
- -
- -
- -
- -
40,810
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33.06
- -
- -
- -
93.33
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
14.9
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Apple International Co., Ltd. (2788.T) engages primarily in the export of used automobiles from Japan to overseas markets, purchasing secondhand vehicles from users and auto auctions domestically before shipping them internationally; the company also operates a franchise business for used car buying and selling through its group subsidiary Apple Auto Network Co., Ltd., which manages over 240 purchase centers across Japan and supplies more than 80,000 cars annually to auctions, and exports related auto parts. Founded in 1996 and headquartered in Yokkaichi-shi, Mie Prefecture, Japan, Apple International serves customers in Southeast Asia, Africa, and other regions including Singapore, Thailand, Hong Kong, Malaysia, Sri Lanka, Indonesia, and the U.A.E., as a publicly listed entity on the Tokyo Stock Exchange Standard Section and member of organizations such as JUMVEA, PEKEMA, and SLAEAJ. The company maintains steady operations in Japan's maturing domestic market while targeting growth in emerging overseas demand, with an equity-method affiliate developing auto auction services in Thailand; it reported revenue of ¥43.8B and net income of ¥1.2B for fiscal 2024, reflecting 41.68% sales growth, alongside 112 employees focused on quality inspections and after-support services for exported vehicles sold on an as-is basis.