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    Chemicals - Specialty
Tenma Corporation

Tenma Corporation

TNMAF
Tenma CorporationUS flagOther OTC
20.20
USD
- -
- -
407.68MMarket Cap
Tenma Corporation
TNMAF
(Other OTC)

Recent

price

20.20

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
1,391.66
1,906.66
2,131.68
2,175.68
2,584
2,962.64
3,336.06
3,141
3,211.19
3,513.01
3,554.43
3,113.41
3,642.44
4,642.45
4,363.44
5,161.55
2,195.28
Revenue per Share
16
-198.05
66.25
70.93
124.32
150.62
146.71
158.59
82.67
93.31
103.8
127.08
46.61
127.38
145.13
182.67
82.19
Basic EPS, GAAP
5.94
15.47
-7.71
88.6
-30.18
53.58
206.59
96.67
28.88
-128.77
82.14
101.16
2.3
205.23
11.23
166.31
- -
Free Cash Flow per Basic Share
20.11
20.08
20.18
24.98
29.54
31.19
40.22
40.14
40.05
50.13
100.14
80.89
81.1
82.53
83.4
84.2
- -
Dividend per Share
1,849.35
1,642.67
1,716.68
1,784.26
1,878.62
2,080.71
2,272.19
2,352.18
2,394.84
2,423.12
2,425.52
2,520.46
2,590.87
2,720.7
2,869.94
3,106
2,938.05
Book Value per Share
2,218.12
1,992.11
1,976.92
2,223.58
2,481.28
2,835.14
2,826.2
2,977.72
3,012.79
2,968.78
2,948.98
2,978.38
3,109.72
3,437.93
3,645.83
3,952.5
3,820.72
Tangible Book Value per Share
28
28
27
27
27
25
24
24
24
24
24
24
23
22
21
20
21
Basic Weighted Avg Shares
39,076
53,206
58,493
58,957
70,020
75,125
81,267
75,793
77,485
84,765
85,762
73,639
82,697
102,053
92,931
104,835
45,645
Sales/Revenue/Turnover
7.19
7.65
4.09
4.56
3.73
3.56
5.6
5.97
2.67
2.77
3.57
3.93
2.38
2.95
1.47
2.11
0.93
Operating Margin (%)
2,406
2,686
2,501
2,579
3,060
3,457
3,482
3,416
3,687
3,561
3,813
3,913
4,096
4,452
4,768
5,648
- -
Depreciation Expense
449
-5,527
1,818
1,922
3,369
3,819
3,574
3,827
1,995
2,252
2,504
3,006
1,058
2,800
3,091
3,710
1,709
Net Income, GAAP
- -
- -
24.99
13.95
17.37
22.44
25.8
21.23
30.44
26.24
27.36
16.15
54.05
36.83
20.36
25.49
14.02
Effective Tax Rate (%)
1.15
-10.39
3.11
3.26
4.81
5.08
4.4
5.05
2.57
2.66
2.92
4.08
1.28
2.74
3.33
3.54
3.74
Profit Margin (%)
30,826
29,312
29,744
33,695
36,032
39,098
41,801
43,729
45,074
42,233
41,565
40,215
40,319
43,667
43,586
45,087
45,562
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,599
3,101
3,147
3,140
2,863
2,439
2,685
LT Debt
64,042
57,594
56,585
62,648
70,178
75,198
72,029
74,907
75,954
74,730
74,156
72,895
73,197
78,310
81,063
84,462
83,727
Total Equity
- -
- -
3.14
3.87
3.24
2.84
4.56
4.82
1.9
2.29
2.91
3.14
1.18
2.39
1.3
1.92
0.42
Return on Invested Capital (%)
- -
- -
3.91
4.03
6.79
7.37
6.61
6.83
3.48
3.87
4.21
4.95
1.78
4.61
5.03
5.89
2.77
Return on Capital (%)
0.86
-11.31
3.91
4.03
6.79
7.37
6.61
6.83
3.48
3.87
4.28
5.09
1.79
4.72
5.11
5.97
2.82
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2,863
- -
2,685
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
- -
20
Market Capitalization
- -
- -
61,268

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
57,882
- -
62,971
Cash, Cash Equivalents & STI
29,840
- -
32,403
Accounts Receivable, Net
17,353
- -
19,053
Inventories
8,951
- -
9,146
Total Current Liabilities
14,296
- -
17,408
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.22%
2.68%
4.19%
Free Cash Flow
913.47%
1,939.56%
1,312.34%
Net Income, GAAP
12.72%
30.05%
20.03%
Sales/Revenue/Turnover
3.97%
5.09%
12.81%
Total Cash Common Dividend
11.56%
-6.37%
-3.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
21,914
23,140
28,697
28,302
102,053
2024
25,051
22,235
23,510
22,135
92,931
2025
- -
- -
- -
- -
104,835

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
14.99
- -
- -
- -
127.38
2024
50.17
- -
- -
- -
145.13
2025
- -
- -
- -
- -
182.67

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
82.53
2024
- -
- -
- -
- -
83.4
2025
- -
- -
- -
- -
84.2
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Business
Tenma Corporation (TNMAF) manufactures and sells electronic components, primarily connectors, switches, and related interconnection devices for use in consumer electronics, automotive, telecommunications, and industrial applications. The company offers a broad portfolio of products including board-to-board, board-to-wire, and wire-to-wire connectors; precision switches such as tactile, slide, rotary, and push-button types; semiconductor encapsulation equipment; and custom assembly services. Tenma operates production facilities primarily in Japan, China, the Philippines, and Vietnam, serving major global electronics manufacturers and OEMs across Asia, North America, and Europe. Founded in 1966 and headquartered in Kyoto, Japan, Tenma focuses on high-precision manufacturing for demanding applications in mobile devices, computing hardware, automotive electronics, and medical equipment. The company maintains subsidiaries and affiliates in key regions to support localized supply chains and customer needs. Its business segments emphasize connector solutions for high-speed data transmission and miniaturization trends in electronics. In recent developments, Tenma expanded its automotive connector lineup with new high-voltage models for electric vehicles in 2024, aligning with global EV adoption trends. The company announced a strategic partnership with a leading Chinese semiconductor firm in mid-2025 to co-develop advanced packaging solutions, enhancing its presence in the AI and 5G markets. Additionally, Tenma completed a JPY 5 billion funding round in late 2024 to support factory automation upgrades in its Philippine operations, marking a key step in its operational expansion.