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Mipox Corporation

Mipox Corporation

5381.T
Mipox CorporationJP flagTokyo Stock Exchange
928.00
JPY
+6.00
- -
12.93BMarket Cap
Mipox Corporation
5381.T
(Tokyo Stock Exchange)

Recent

price

928.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
310.11
299.12
335.84
382.67
402.74
412.8
613.99
745.57
654.31
621.61
621.33
841.8
704.33
656.94
784.6
- -
353.11
Revenue per Share
-0.97
-8.08
15.2
23.41
51.43
31.79
-14.08
25.25
-83.74
-6.67
7.35
124.89
3.18
-28.7
64.04
- -
-0.88
Basic EPS, GAAP
37.76
14.37
27.93
-19.52
17.86
22.51
-7.23
-15.49
-45.32
43.4
-31.67
-137.32
-99.99
-12.56
63.31
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.01
- -
5.11
7.69
10.08
10.03
9.1
9.93
0.04
0.01
14.92
9.94
0.03
- -
- -
Dividend per Share
133.72
125.64
141.19
277.55
321.88
336.79
112.91
320.71
227.75
206.16
212.78
409.64
345.26
306.55
370.59
- -
338.74
Book Value per Share
373.64
367.83
387.98
426.85
472.9
460.04
396.24
417.84
377.34
337.72
367.48
644.49
553.52
519.23
588.06
- -
559.36
Tangible Book Value per Share
10
10
10
10
10
10
10
10
12
12
12
12
14
14
14
- -
14
Basic Weighted Avg Shares
3,157
3,045
3,410
3,761
3,986
4,205
6,411
7,826
7,558
7,339
7,362
10,449
10,029
9,354
11,172
12,059
5,028
Sales/Revenue/Turnover
18.51
15.74
22.56
22.67
25.78
32.99
3.48
4.94
-3.72
-2.33
4.88
14.04
2.12
-4.73
8.43
4.8
1.34
Operating Margin (%)
294
214
188
224
261
339
430
421
441
352
339
338
546
661
646
785
- -
Depreciation Expense
-10
-82
154
230
509
324
-147
265
-967
-79
87
1,550
45
-409
912
506
-12
Net Income, GAAP
157.22
- -
28.89
15.56
6.21
27.8
- -
12.51
- -
173.83
24.31
- -
89.46
- -
- -
39.16
108.27
Effective Tax Rate (%)
-0.31
-2.7
4.53
6.12
12.77
7.7
-2.29
3.39
-12.8
-1.07
1.18
14.84
0.45
-4.37
8.16
4.19
-0.25
Profit Margin (%)
1,004
1,255
2,144
3,102
3,407
3,492
3,452
4,473
4,610
3,547
4,473
6,609
3,967
3,843
3,027
3,585
3,598
Working Capital
203
308
364
853
904
1,098
2,497
3,632
3,682
2,892
3,339
2,496
3,016
3,260
1,945
2,103
2,578
LT Debt
3,824
3,749
3,976
4,293
4,894
4,957
4,631
4,866
4,466
4,107
4,373
8,091
7,998
7,484
8,463
8,947
8,058
Total Equity
-6.31
- -
11.07
14.15
16.79
16.02
- -
3.57
- -
1.35
2.99
- -
0.17
- -
- -
2.36
-0.04
Return on Invested Capital (%)
-1.13
- -
7.16
8.25
12.83
7.23
- -
4.17
- -
-1.42
1.68
- -
0.52
- -
- -
4.85
-0.15
Return on Capital (%)
-0.72
-6.23
11.38
11.06
17.22
9.79
-6.38
11.66
-32.26
-3.11
3.52
40.76
0.91
-8.81
18.91
9.27
-0.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
3,107
- -
3,199
LT Borrowings
3,141
- -
2,475
LT Finance Leases
119
- -
104
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
- -
14
Market Capitalization
8,686
7,205
9,967

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
8,773
- -
8,391
Cash, Cash Equivalents & STI
2,692
- -
2,476
Accounts Receivable, Net
2,663
- -
2,351
Inventories
2,671
- -
2,719
Total Current Liabilities
4,930
- -
4,793
Payables & Accruals
- -
- -
- -
ST Debt
3,107
- -
3,199
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.5%
19.25%
5.71%
Free Cash Flow
-65.19%
-97.07%
-131.42%
Net Income, GAAP
-98.07%
42.49%
-44.55%
Sales/Revenue/Turnover
12.71%
11.71%
7.94%
Total Cash Common Dividend
35,413.76%
70,838.28%
32,618.68%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,867
2,459
2,319
2,709
9,354
2025
- -
- -
- -
- -
11,172
2026
- -
- -
- -
- -
12,059

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-12.32
- -
- -
- -
-28.7
2025
- -
- -
- -
- -
64.04
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.94
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -
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Business
Mipox Corporation (TSE:5381) manufactures and sells polishing-related products and provides contract polishing services in Japan and internationally. Founded in 1925 and incorporated in 1941, the company is headquartered in Kanuma city, Tochigi, Japan, with production bases and subsidiaries including MIPOX Abrasives India Pvt Ltd, MIPOX Malaysia Sdn Bhd, MIPOX Asia Pte Ltd, and Mipox (Thailand) Co Ltd. It operates two main segments: the product business, which produces polishing films, abrasive papers and cloths, functional films, liquid polishing slurries, fiber discs, abrasive non-woven fabrics, flap wheels, fine diamonds, fine super pellets, detergents and lubricants, polishing machines, inspection equipment, cleaning products, VARIO products such as VARIOFILM for automobiles, 3D printed objects, and retroreflective materials like Ref Lite; and the contract business, which offers quality measurement, contracted polishing, research and development, and consulting services for polishing systems serving industries including hard disks, semiconductors, flat-panel displays, optical fibers, automobiles, aerospace, architecture, and metals. Products and services target precision polishing needs from ultra-fine applications in semiconductors and compound semiconductors to general surface processing in automotive repair, woodworking, and shipbuilding. Recent developments include the establishment of Kanuma Plant and acquisition of Misumi Chemical Co Ltd as a subsidiary in 2022; relocation of head office to Kanuma Plant in 2023; relocation of MIPOX Abrasives India Pvt Ltd and a capital and business alliance with thomas Inc in 2024; corporate logo renewal and product website renewal in 2025; and ongoing joint research presentations, such as numerical simulation for 4H-SiC wafers published in March 2025.