TSUKISHIMA HOLDINGS CO. LTD.

TSUKISHIMA HOLDINGS CO. LTD.

13.20
EUR
-0.10
(-0.75%)
569.75MMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,600.03
1,702.01
1,731.19
1,588.07
1,925.03
2,202.04
2,294.62
2,082.75
2,122.9
2,231.07
2,895.99
3,235.4
3,635.24
- -
Basic EPS, GAAP
89.55
75.25
69.81
49.3
66.51
112.53
130.27
22.03
186.41
96.15
62.37
154.97
412.69
- -
Free Cash Flow per Basic Share
-108.88
-47.84
23.79
213.22
-65.22
-113.29
-85.05
134.87
-320.29
132.68
-195.16
405.02
91.93
- -
Dividend per Share
14.99
18.02
22.37
17.19
17.1
17.03
25.27
25.23
24.06
33.18
47.26
47.68
96.08
- -
Book Value per Share
1,243.18
1,337.89
1,323.85
1,376.57
1,454.82
1,513.38
1,526.23
1,614.98
1,805.88
1,892.09
2,040.87
2,159.25
2,481.99
- -
Tangible Book Value per Share
1,228.39
1,320.6
1,243.04
1,304.24
1,430.44
1,489.58
1,505.46
1,572.62
1,769.19
1,850.84
1,876.96
2,010.54
2,333.51
- -
Basic Weighted Avg Shares
45
44
44
44
44
44
44
43
44
44
43
43
41
41
Sales/Revenue/Turnover
71,216
75,639
75,758
69,862
85,095
97,768
100,333
90,553
93,077
97,778
124,205
139,235
148,954
- -
Operating Margin (%)
7.03
6.98
7.25
5.03
5.21
7.98
8.03
6.26
6.12
5.12
5.45
6.41
6.61
- -
Depreciation Expense
921
1,057
1,230
1,306
1,435
1,397
1,645
2,450
2,546
3,037
3,425
3,455
3,285
- -
Net Income, GAAP
3,986
3,344
3,055
2,169
2,940
4,996
5,696
958
8,173
4,214
2,675
6,669
16,910
- -
Effective Tax Rate (%)
40.55
40.85
37.57
38.46
43.07
29.37
31.19
63.71
28.3
23.57
44.27
29.16
28.67
- -
Profit Margin (%)
5.6
4.42
4.03
3.1
3.45
5.11
5.68
1.06
8.78
4.31
2.15
4.79
11.35
- -
Working Capital
35,425
33,584
35,979
37,186
37,693
37,811
35,102
41,465
36,700
37,106
56,509
63,590
75,550
- -
LT Debt
3,571
4,289
3,713
5,589
8,126
12,569
12,701
24,009
17,640
15,710
20,405
17,625
15,584
- -
Total Equity
55,730
58,964
58,726
61,254
65,102
68,423
67,355
71,782
80,948
82,686
105,537
112,052
117,464
- -
Return on Invested Capital (%)
5.06
4.91
5.32
3.27
3.51
6.92
6.66
2.25
3.87
3.59
3.03
4.48
5.04
- -
Return on Capital (%)
6.88
5.33
4.73
3.46
3.94
5.89
6.82
1.01
7.91
4.13
1.07
3.58
11.37
- -
Return on Common Equity (%)
7.56
5.88
5.24
3.65
4.7
7.58
8.54
1.4
10.9
5.25
3.17
7.39
17.68
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
2,069
2,078
- -
LT Borrowings
15,712
14,952
- -
LT Finance Leases
- -
632
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
114,646
104,508
102,125

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
117,147
131,548
- -
Cash, Cash Equivalents & STI
51,852
40,146
- -
Accounts Receivable, Net
52,128
42,433
- -
Inventories
7,943
4,175
- -
Total Current Liabilities
45,363
55,998
- -
Payables & Accruals
- -
- -
- -
ST Debt
2,069
2,078
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.42%
10.71%
4.83%
Free Cash Flow
-65.04%
-222.29%
-78.39%
Net Income, GAAP
97.83%
194.21%
153.56%
Sales/Revenue/Turnover
7.57%
10.79%
6.98%
Total Cash Common Dividend
- -
33.3%
91.86%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
139,235
2026
- -
- -
- -
- -
148,954
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
154.97
2026
- -
- -
- -
- -
412.69
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
47.68
2026
- -
- -
- -
- -
96.08
2027
- -
- -
- -
- -
- -

Company Description

CEO
Jun Kawasaki
Full Time Employees
3,367
Sector
Producer manufacturing
Industry
Industrial machinery
Address
3-5-1, Harumi Tokyo TY Japan 104-0053
IPO Date
May 16, 1949
Business
Tsukishima Holdings Co., Ltd. (6332.T), formerly Tsukishima Kikai Co., Ltd., operates as a holding company overseeing environmental and industrial technologies businesses, providing plant systems, equipment, and services for water treatment, waste management, and material production worldwide; founded in 1905 and headquartered in Tokyo, Japan. Through its primary operating subsidiary Tsukishima Kikai Co., Ltd., the company designs, manufactures, and sells industrial machinery including dryers, filtration equipment such as centrifugal separators, drum filters, and horizontal belt filters, pressure vessels, heat exchangers, and plant systems for battery components, pharmaceuticals, food products, cosmetics, resins, sugar, and eco-friendly secondary lithium-ion battery materials; it also handles construction and repairs for environmental equipment treating waste fluids, solid waste, exhaust gases, and pollution control systems like waste liquid incinerators, fluidized incinerators, hydrochloric acid recovery units, and ammonia recovery equipment. In the water environmental segment, via Tsukishima JFE Aqua Solution Co., Ltd., it constructs and operates water purification plants, sewage treatment plants, biomass usage facilities, sludge recycling facilities, digestion tanks, dehydration equipment, and incinerators; offers chemical injection, sludge treatment systems, and biogas power generation; and provides public-private partnership (PPP) services including PFI, DBO projects, operations, maintenance, repairs, and renovations for sewer and water infrastructures, alongside sales of industrial chemicals and environmental supplies. Subsidiaries like PRIMIX Corporation supply emulsification, dispersion, mixing, and granulation equipment for fluids and fine particles used in batteries, chemicals, and cosmetics; Tsukishima Kankyo Engineering Ltd. focuses on waste treatment and environmental improvement equipment; SANSHIN KOGYO Co., Ltd. produces pressure vessels and handles plant construction; SUN ECO THERMAL Co., Ltd. manages waste collection, incineration, and thermal recycling power generation; BOKELA GmbH (Germany) delivers advanced filtration technologies; and TSK Engineering (Thailand) Co., Ltd. supports plant engineering in Southeast Asia, with operations spanning Japan, Asia, Europe, North America, and other regions. In April 2023, the company transitioned to a holding structure, renaming from Tsukishima Kikai Co., Ltd. and spinning off water and industrial businesses to dedicated subsidiaries; in October 2023, Tsukishima Aqua Solution merged with JFE Engineering's domestic water engineering to form Tsukishima JFE Aqua Solution Co., Ltd., enhancing synergies in water and sewage treatment; recent projects include starting operations at Oyama Energy Cycle Co., Ltd. for sludge treatment in April 2024 and Green Cycle Power IWAKI Co., Ltd. for resource utilization in February 2025, alongside treasury share repurchases totaling up to 13.8 billion yen announced in December 2024 and May 2025.