1. Japan Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Tokuden Co., Ltd.

Tokuden Co., Ltd.

TTSE:3437
2,599.00
JPY
-1.00
(-0.04%)
4.52BMarket Cap
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
4,889.99
5,165.09
5,222.05
5,582.71
5,825.76
6,725.83
6,731.79
5,258.73
5,450.32
6,134.68
6,064.34
6,666.75
6,901.26
- -
Basic EPS, GAAP
-131.7
169.88
273.42
298.44
269.37
329.29
390.49
252.89
307.39
440.53
240.1
295.64
288.94
- -
Free Cash Flow per Basic Share
-17.94
61.19
-62.85
609.28
148.42
-223.38
362.29
304.5
493.8
-951.14
-364.38
-299.81
114.54
- -
Dividend per Share
34.96
34.84
34.48
35.29
35.2
33.55
37.64
37.56
35.87
35.88
71.78
93.5
101.26
- -
Book Value per Share
1,958.65
2,107.66
2,229.67
2,496.81
2,747.81
3,043.09
3,400.81
3,642.38
3,929.68
4,357.77
4,555.34
4,806.61
4,957.27
- -
Tangible Book Value per Share
1,911.38
2,070.04
2,200.21
2,476.38
2,735.86
3,019.58
3,374.46
3,621.38
3,913.05
4,341.05
4,540.12
4,777.72
4,933.33
- -
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
7,831
8,272
8,363
8,939
9,284
10,634
10,644
8,315
8,617
9,699
9,588
10,540
10,916
- -
Operating Margin (%)
2.69
3.4
5.87
6.55
6.34
6.91
8.27
5.73
7.13
8.34
5.17
6.03
5.35
- -
Depreciation Expense
151
130
134
126
123
119
138
126
106
126
252
383
391
- -
Net Income, GAAP
-211
272
438
478
429
521
617
400
486
697
380
467
457
- -
Effective Tax Rate (%)
- -
- -
30.65
29.17
30.85
31.18
29.53
30.74
28.54
24.82
22.74
23.88
23.59
- -
Profit Margin (%)
-2.69
3.29
5.24
5.35
4.62
4.9
5.8
4.81
5.64
7.18
3.96
4.43
4.19
- -
Working Capital
2,560
2,654
3,126
3,450
3,704
3,593
4,185
4,655
5,075
4,637
4,278
4,588
4,964
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
595
785
684
584
- -
Total Equity
3,171
3,402
3,587
4,005
4,371
4,838
5,404
5,789
6,252
6,938
7,259
7,655
7,905
- -
Return on Invested Capital (%)
- -
- -
9.01
10.19
9.19
10.51
11.57
5.74
7.05
8.47
4.81
5.62
4.76
- -
Return on Capital (%)
- -
- -
11.89
12.35
10.41
11.16
11.87
7.08
7.86
9.86
4.78
5.56
5
- -
Return on Common Equity (%)
-6.45
8.36
12.61
12.63
10.29
11.37
12.12
7.18
8.12
10.63
5.39
6.32
5.92
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
600
1,100
- -
LT Borrowings
634
584
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
4,500
4,523
4,233

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
7,164
7,706
- -
Cash, Cash Equivalents & STI
1,559
2,129
- -
Accounts Receivable, Net
3,760
3,160
- -
Inventories
1,313
1,464
- -
Total Current Liabilities
2,342
2,741
- -
Payables & Accruals
- -
- -
- -
ST Debt
600
1,100
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.26%
6.47%
3.27%
Free Cash Flow
-212.06%
-89.61%
-138.22%
Net Income, GAAP
4.39%
8.05%
-2.22%
Sales/Revenue/Turnover
3.2%
5.71%
3.57%
Total Cash Common Dividend
14.23%
26.84%
8.35%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
10,540
2026
- -
- -
- -
- -
10,916
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
295.64
2026
- -
- -
- -
- -
288.94
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
93.5
2026
- -
- -
- -
- -
101.26
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mayuki Hashimoto
Full Time Employees
268
Sector
Producer manufacturing
Industry
Industrial machinery
Address
899-5 Tsuchiyama Kakogawa HY Japan 675-0104
IPO Date
Jun 14, 2006
Website
tokuden.co.jp
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Business
Tokuden Co., Ltd. manufactures and sells welding materials, provides welding construction services, and produces specialized industrial equipment including top plates, die-casting machine parts, and environment-related equipment such as deodorizing devices and forced-cooling apparatus. The company offers flux-cored wires for submerged arc and MAG welding; arc welding electrodes for hardfacing; wire rods for TIG and MIG welding; agglomerated and fused fluxes; powdered materials for PTA welding; wear-resistant clad steel plates known as Top Plates; and surface modification via overlay welding that imparts wear, heat, and corrosion resistance to equipment and machine parts. It also develops and commercializes induction heated jacket rolls, air-cooled hybrid rolls, fluid circulation jacket rolls, high-temperature induction heated rolls, sleeve jacket rolls, special reactors, transformers, midfrequency induction heated apparatus, and temperature controllers, primarily serving industries such as steel, electric power, cement, petrochemicals, automobiles, paper, rubber, iron-making, home electronics, and foodstuffs. Founded in 1933 and headquartered in Kakogawa City, Hyogo Prefecture, Japan, Tokuden operates factories and sales offices across Japan including Amagasaki, Himeji, Kyushu, Hokkaido, Nagoya, Hiroshima, and others; it maintains consolidated subsidiaries in Thailand (TOKUDEN TOPAL CO., LTD., established December 2013) and China (Tokuden Saning (Nantong) Machinery Manufacturing Co., Ltd., established May 2017). In January 2024, the company relocated its head office and Amagasaki factory to Kakogawa City, Hyogo Prefecture, renaming it the Head Office/Head Office Factory; it transitioned from the Tokyo Stock Exchange JASDAQ Standard to the Standard Market in April 2022 following a market classification review.