Tsubakimoto Chain Co.

Tsubakimoto Chain Co.

15.00
EUR
+0.20
(+1.35%)
1.36BMarket Cap
Oct 30Next 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
1,585.56
1,752.49
1,817.15
1,770.84
1,899.54
2,100.47
2,012.7
1,741.72
1,943.96
2,264.64
2,452.96
2,683.75
2,945.94
- -
Basic EPS, GAAP
90.96
126.07
113.73
130.04
129.15
121.34
102.9
78.4
130.96
123.7
170.55
212.65
295.79
- -
Free Cash Flow per Basic Share
176
197.65
170.07
226.6
243.54
213.09
180.23
251.17
189.1
192.21
354.69
204.72
317.53
- -
Dividend per Share
13.33
21.66
31.66
35
40.01
41.66
40.37
29.99
31.66
43.33
43.83
67.13
86.95
- -
Book Value per Share
1,054.9
1,251.03
1,265.43
1,358.48
1,478.64
1,530
1,570.41
1,673.09
1,870.74
2,019.76
2,402.4
2,533.12
2,848.71
- -
Tangible Book Value per Share
1,003.18
1,205.32
1,226.66
1,324.26
1,452.5
1,417.39
1,468.09
1,576.78
1,774.39
1,938.03
2,319.61
2,442.98
2,794.71
- -
Basic Weighted Avg Shares
112
112
112
112
114
114
112
111
111
111
109
104
100
101
Sales/Revenue/Turnover
178,022
196,738
203,976
198,762
215,716
238,515
226,423
193,399
215,879
251,574
266,812
279,193
295,878
- -
Operating Margin (%)
9.75
10.89
10.58
10.89
9.59
9.14
7.13
4.6
8.27
7.55
7.97
8.19
7.29
- -
Depreciation Expense
9,128
9,964
10,957
10,910
11,405
12,844
12,920
12,959
12,973
13,758
14,067
14,423
15,153
- -
Net Income, GAAP
10,213
14,153
12,766
14,596
14,666
13,779
11,576
8,706
14,543
13,742
18,551
22,122
29,708
- -
Effective Tax Rate (%)
39.02
36.15
37.39
31.15
30.34
28.7
30.48
27.77
26.98
24.21
28.12
26.51
18.36
- -
Profit Margin (%)
5.74
7.19
6.26
7.34
6.8
5.78
5.11
4.5
6.74
5.46
6.95
7.92
10.04
- -
Working Capital
38,623
57,184
61,011
58,842
61,348
61,332
67,002
83,495
98,673
116,466
128,354
130,808
163,408
- -
LT Debt
17,930
25,341
24,383
14,519
15,401
21,229
24,944
29,847
25,527
25,619
20,120
15,640
36,711
- -
Total Equity
121,627
144,289
145,814
156,216
169,763
175,453
176,055
187,493
209,755
226,580
260,558
262,160
303,814
- -
Return on Invested Capital (%)
6.83
7.86
7.31
7.9
7.32
7.36
5.07
2.84
5.38
5.57
5.47
5.72
5.4
- -
Return on Capital (%)
6.57
8.3
7.14
7.81
7.62
6.71
5.36
3.95
6.12
5.41
6.76
7.68
9.26
- -
Return on Common Equity (%)
9.27
10.93
9.04
9.91
9.16
8.07
6.65
4.83
7.39
6.36
7.68
8.54
10.68
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
9,372
15,878
- -
LT Borrowings
15,734
34,107
- -
LT Finance Leases
- -
2,604
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
98
104
102
Market Capitalization
210,467
249,979
264,262

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
191,553
246,920
- -
Cash, Cash Equivalents & STI
65,934
82,923
- -
Accounts Receivable, Net
46,176
61,147
- -
Inventories
58,154
76,724
- -
Total Current Liabilities
62,311
83,512
- -
Payables & Accruals
- -
- -
- -
ST Debt
9,372
15,878
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.74%
10.28%
15.89%
Free Cash Flow
11.34%
12.52%
49.74%
Net Income, GAAP
11.81%
30.01%
34.29%
Sales/Revenue/Turnover
4.17%
8.97%
5.98%
Total Cash Common Dividend
11.27%
22.61%
25.04%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
279,193
2026
- -
- -
- -
- -
295,878
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
212.65
2026
- -
- -
- -
- -
295.79
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
67.13
2026
- -
- -
- -
- -
86.95
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kenji Kose
Full Time Employees
12,228
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Nakanoshima Mitsui Building Osaka OS Japan 530-0005
IPO Date
May 16, 1949
Business
Tsubakimoto Chain Co. manufactures and sells power transmission products, motion control components, automotive mobility parts, and materials handling systems worldwide. The company produces roller chains, conveyor chains, drive chains, plastic chains, timing chain systems, reducers, variable speed drives, linear actuators, shaft couplings, cam clutches, overload protectors, sorting systems, conveyance systems, storage systems, bulk handling systems, and chip conveyors; it also offers subcontracted design, construction, installation, and maintenance services for handling and electric equipment. Tsubakimoto Chain operates through Chain Operations, Motion Control Operations, Mobility Operations, Materials Handling Operations, and New Businesses segments, serving industries including general manufacturing, automobiles, resources and materials, food and medical, infrastructure and environment, and living and amusement, with primary customers encompassing machine tool makers, automakers, logistics providers, and semiconductor fabricators. Founded in December 1917 and incorporated in January 1941, Tsubakimoto Chain is headquartered at Nakanoshima Mitsui Building, 6F, 3-3-3 Nakanoshima, Kita-ku, Osaka 530-0005, Japan, with major manufacturing plants in Japan (Kyotanabe, Saitama, Nagaokakyo, Hyogo, Okayama, Fukui-Mihama), the United States, Taiwan, China, Germany, Thailand, the United Kingdom, South Korea, Mexico, the Czech Republic, the Netherlands, Slovakia, Indonesia, and India. The company maintains significant global operations, generating most revenue from Japan, North America, and Europe, with overseas sales comprising approximately 65% of total net sales. Subsidiaries include U.S. Tsubaki, Tsubaki Europe, and recent additions such as EUROCATENA in Europe and Tsubaki VegyMove for agribusiness. In January 2025, Tsubakimoto Chain acquired EUROCATENA, establishing its first chain manufacturing base in Europe for large-size conveyor chains and anticipating over JPY1 billion in annual sales contribution. On May 14, 2025, the company executed a business integration agreement and simplified share exchange with Daido Kogyo Co., Ltd., pending regulatory approval from Japan and Thailand Fair Trade Commissions, to create synergies in chain products, cross-selling, and expansion into Southeast Asia, Brazil, Africa, and the Middle East. Additional recent developments include the establishment of a representative office in South Africa in March 2025 for Global South market entry, knock-down production of large conveyor chains in India, completion of a next-generation vegetable factory at Fukui Mihama Plant in September 2025, entry into the engine-powered drone market with the AZ-250 model slated for 2030 commercialization, and a March 2025 basic agreement with LOGISTEED, Ltd. and Mitsubishi HC Capital Inc. for remote forklift operations in logistics.