1. Japan Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
MARUWA CO., LTD.

MARUWA CO., LTD.

260.00
EUR
-6.00
(-2.26%)
8.18EPS
46.69P/E
4.71BMarket Cap
Oct 27Next Earn
MARUWA CO., LTD.
DUS:6X5
(Dusseldorf Stock Exchange)

Recent

price

260.00

P/E

ratio

46.69

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
1,861.68
1,828.93
1,982.41
2,713.39
2,656.73
2,475.96
2,606.04
3,115.19
3,333.87
3,343.18
3,359.93
4,404.96
4,766.47
4,989.94
5,822.94
6,035.95
6,198.66
Revenue per Share
187.14
180.68
165.76
209.6
71.59
185.18
230.78
448.47
547.92
477.9
562.31
1,082.11
1,217.48
1,233.3
1,559.45
1,472.03
1,519.62
Basic EPS, GAAP
-0.17
-273.36
33.28
117.08
119.82
223.55
270.46
391.62
209.41
428.01
416.52
887.49
561.16
478.05
1,230.25
-453.13
- -
Free Cash Flow per Basic Share
29
29.67
30
31.97
35
37
39
42
46.02
50.02
53.92
69.95
73.92
83
89.96
97.98
- -
Dividend per Share
2,614.44
2,796.11
3,017.31
3,240.06
3,319.73
3,376.55
3,506.62
3,965.83
4,451.92
4,821.08
5,378.08
6,458.02
7,636
8,850.88
10,360.85
11,933.74
12,267.21
Book Value per Share
2,593.89
2,778.12
2,905.66
3,148.85
3,248.75
3,330.47
3,482.36
3,943.6
4,408.72
4,784.54
5,357
6,433.86
7,612.98
8,825.1
10,324.87
11,898.25
12,227.42
Tangible Book Value per Share
11
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Basic Weighted Avg Shares
20,011
21,313
24,399
33,475
32,811
30,578
32,187
38,513
41,193
41,231
41,438
54,344
58,804
61,564
71,849
74,476
76,487
Sales/Revenue/Turnover
15.17
13.76
9.37
10.01
7.33
12.47
15.39
23.82
23.2
22.67
24.73
33.52
34.25
32.16
37.46
33.54
33.11
Operating Margin (%)
1,584
1,826
2,030
2,598
2,427
2,193
1,938
1,867
2,077
2,373
2,195
2,570
3,087
4,138
4,690
5,334
- -
Depreciation Expense
2,012
2,105
2,040
2,586
884
2,287
2,850
5,544
6,770
5,894
6,935
13,350
15,020
15,216
19,242
18,163
18,751
Net Income, GAAP
30.59
27.79
34.59
28.43
49.37
37.26
33.74
34.44
31.44
32.23
29.83
30.93
29.03
27.6
29.15
31.25
31.12
Effective Tax Rate (%)
10.05
9.88
8.36
7.72
2.69
7.48
8.86
14.4
16.43
14.29
16.74
24.57
25.54
24.72
26.78
24.39
24.52
Profit Margin (%)
14,681
17,509
19,793
22,176
23,692
26,080
28,450
33,035
36,715
39,832
44,102
55,196
61,724
70,664
86,357
88,319
90,673
Working Capital
116
111
789
1,159
253
115
- -
- -
- -
1,200
1,599
733
400
- -
- -
- -
- -
LT Debt
28,106
34,407
37,141
40,016
41,000
41,700
43,317
49,030
54,955
59,454
66,344
79,679
94,213
109,201
127,852
147,261
151,376
Total Equity
7.42
6.4
3.94
5.84
2.84
5.59
7.54
12.6
12.17
10.65
10.84
16.09
15.56
13.65
15.55
12.09
12.2
Return on Invested Capital (%)
7.2
6.5
5.48
6.43
2.11
5.42
6.67
12.01
13.02
10.12
10.69
17.84
17.04
14.88
16.21
13.2
13.26
Return on Capital (%)
7.36
6.74
5.7
6.7
2.18
5.53
6.71
12.01
13.02
10.3
11.03
18.28
17.28
14.96
16.23
13.2
13.26
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
510,125
660,938
875,488

Working Capital

JPY

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
100,691
103,175
104,248
Cash, Cash Equivalents & STI
67,840
67,185
67,719
Accounts Receivable, Net
13,937
13,671
12,716
Inventories
14,343
16,294
19,918
Total Current Liabilities
11,306
14,856
13,575
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.54%
17.3%
15.18%
Free Cash Flow
20.28%
16.42%
-136.83%
Net Income, GAAP
27.31%
25.43%
-5.61%
Sales/Revenue/Turnover
9.69%
12.88%
3.66%
Total Cash Common Dividend
10.41%
13.01%
8.92%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
16,243
18,579
18,319
18,708
71,849
2026
17,256
15,859
19,110
22,251
74,476
2027
19,267
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
364.96
319.13
447.73
427.64
1,559.45
2026
314.31
286.5
398.67
472.53
1,472.03
2027
361.92
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
89.96
2026
- -
- -
- -
- -
97.98
2027
- -
- -
- -
- -
- -
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Business
Maruwa Co., Ltd. is a Japan-based manufacturer and seller of advanced ceramics and electronic components, founded in 1973 and headquartered in Owariasahi, Aichi Prefecture. The company operates across four main business divisions: Ceramics; Electronic Components and Devices; Quartz Glass; and LED Lighting. Its ceramics segment produces high-performance ceramic substrates, ceramic fillers, metalized and multilayer ceramic substrates, pressed ceramic products, ceramic hermetic seals, and silicon carbide (SiC) components. The electronic components division manufactures antennas, electromagnetic compatibility (EMC) and radio frequency (RF) components, inductors, capacitors, multilayer capacitors, and EMI filters. The quartz glass segment supplies various quartz glass products such as quartz boats and tubes used in semiconductor manufacturing and other high-tech applications. The LED lighting business develops and sells LED lighting fixtures for street, tunnel, and landscape lighting, leveraging integrated ceramic, circuit design, and packaging technologies for enhanced heat dissipation and performance. Recently, Maruwa has focused on expanding its global mass production capabilities for electronic components including magnetic sheets and inductors, and advancing its ceramic and quartz glass technologies to serve rapidly growing technical fields like semiconductors, solar cells, and LED applications. In 2025, Maruwa received the "Kurumin Certification" from Japan's Ministry of Health, Labour and Welfare, reflecting its commitment to sustainable operations. The company has also revised its earnings forecast in response to business changes and continues to innovate within its core ceramic material technologies and electronic device offerings. Maruwa maintains a strategic emphasis on combining material science expertise with integrated manufacturing processes to meet the stringent requirements of sectors such as automotive, telecommunications, industrial equipment, renewable energy, aerospace, and medical devices. This positions Maruwa as a leading supplier of critical high-performance materials and components globally. Maruwa Co., Ltd. serves a diverse customer base across Japan and international markets, providing specialized materials and components essential for advanced technological applications. The company leverages a vertically integrated production system from raw ceramic materials to finished electronic devices, supporting the performance and quality demands of next-generation electronic and industrial products. Its dedication to research and development, quality control, and technological innovation sustains its market leadership and reinforces its role as a trusted partner in high-end industrial sectors.