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Abalance Corp

Abalance Corp

TTSE:3856
199.00
JPY
-28.00
(-12.33%)
18.59BMarket Cap
Nov 16Next Earn
Abalance Corp
TSE:3856
(Tokyo Stock Exchange)

Recent

price

199.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2026
TTM
JPY
157.11
144.3
171.63
224.82
298.72
290.76
300.28
424.31
469.09
386.05
430.98
1,711.87
5,626.44
12,720.18
12,012.71
6,376.02
- -
Revenue per Share
-134.96
-4.91
4.01
-28.68
20.93
13.22
15.31
-11.49
48.64
20.39
13.62
34.17
52.77
293.36
547.83
409.72
- -
Basic EPS, GAAP
-30.22
-26.46
4.74
10.14
-15.97
-6.25
9.67
-93.17
-0.19
-104.95
-63.83
-213.18
-760.68
232.09
1,951.26
178.07
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
1.64
3.28
3.59
4.29
5.54
5.61
5.66
5.97
6.91
7.93
5.84
- -
Dividend per Share
-71.3
-72.11
35.77
9.05
57.28
68.76
80.65
69.23
113.65
127.47
135.18
252.33
364.99
742.21
1,354.81
2,211.43
1,963.1
Book Value per Share
-74.51
-72.47
-26.59
0.74
51.89
64.71
80.3
50.58
99.72
114.86
128.08
229.4
82.91
308.05
994.85
2,012.23
1,752.29
Tangible Book Value per Share
5
5
8
10
11
15
15
15
16
16
15
16
16
17
17
19
18
Basic Weighted Avg Shares
762
700
1,336
2,303
3,347
4,396
4,540
6,495
7,301
5,985
6,678
26,901
92,435
215,284
208,972
120,169
- -
Sales/Revenue/Turnover
-14.76
1.2
11.73
12.74
11.48
13.49
13.24
1.77
12.69
10.16
5.47
5.07
1.84
5.95
11.18
11.59
- -
Operating Margin (%)
70
11
35
57
49
65
51
88
225
274
265
720
1,612
2,292
5,078
6,429
- -
Depreciation Expense
-655
-24
31
-294
234
200
231
-176
757
316
211
537
867
4,965
9,530
7,722
- -
Net Income, GAAP
- -
- -
25.41
- -
2.87
46.12
41.17
430.22
17.02
43.75
28.95
25.74
28.41
14.74
16.78
35.94
- -
Effective Tax Rate (%)
-85.9
-3.4
2.34
-12.76
7.01
4.55
5.1
-2.71
10.37
5.28
3.16
2
0.94
2.31
4.56
6.43
- -
Profit Margin (%)
-385
-371
-189
334
894
965
1,051
1,147
1,353
1,437
1,808
-3,675
-271
-307
5,936
4,301
-5,510
Working Capital
6
- -
113
447
334
282
124
1,492
1,153
1,787
3,630
6,300
12,092
13,848
13,282
13,865
15,910
LT Debt
-340
-341
359
95
866
1,043
1,219
1,121
1,816
2,032
2,159
4,775
8,005
22,770
42,430
52,284
45,520
Total Equity
- -
- -
12.5
- -
23.89
14.34
12.69
-22.75
15.06
5.96
3.75
7.55
4.11
17.64
20.25
8.27
- -
Return on Invested Capital (%)
- -
- -
7.3
- -
24.06
13.79
13.77
-8
16.81
6.43
4.21
2.9
2.21
-1.29
0.69
6.91
- -
Return on Capital (%)
- -
- -
- -
-129.28
48.77
20.97
20.49
-15.32
53.19
16.89
10.37
17.57
17.2
52.46
51.56
23.4
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Dec'26
Jun'26
Sep'26
ST Debt
30,835
- -
37,020
LT Borrowings
10,643
- -
9,591
LT Finance Leases
983
- -
6,319
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
19
19
Market Capitalization
13,167
12,646
18,591

Working Capital

JPY

•

in mil. unless spec.
Dec'26
Jun'26
Sep'26
Total Current Assets
85,004
- -
98,320
Cash, Cash Equivalents & STI
32,437
- -
39,184
Accounts Receivable, Net
9,782
- -
5,122
Inventories
35,718
- -
50,607
Total Current Liabilities
75,309
- -
103,830
Payables & Accruals
- -
- -
- -
ST Debt
30,835
- -
37,020
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
57.18%
96.56%
23.22%
Free Cash Flow
5,568.22%
210.88%
-90.11%
Net Income, GAAP
-2.03%
152.32%
-18.97%
Sales/Revenue/Turnover
68.62%
126.78%
-42.5%
Total Cash Common Dividend
19.14%
5.89%
-20.29%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57,740
50,803
47,083
53,346
208,972
2026
- -
- -
- -
- -
120,169

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
100.23
109.13
105.76
228.27
547.83
2026
- -
- -
- -
- -
409.72

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.93
2026
- -
- -
- -
- -
5.84
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Business
Abalance Corporation engages in renewable energy, construction machinery, information technology, and photocatalyst businesses primarily in Japan and internationally. The company manufactures solar panels and cells through subsidiaries including Vietnam Sunergy Joint Stock Company (VSUN) in Vietnam for ingots, wafers, and modules; TOYO SOLAR in Vietnam and Ethiopia for cells; and TOYO SOLAR TEXAS LLC in the United States for modules, supplying global photovoltaic markets under VSUN and TOYO SOLAR brands; develops and sells solar power generation systems, power conditioners, industrial and residential storage batteries, and related materials; operates green energy projects via WWB Co., Ltd. and Barows Co., Ltd., encompassing solar and wind power plant development, sales, operations, maintenance, power generation sales, and system storage batteries; pursues solar panel reuse and recycling through PV Repower Inc.; provides IT solutions such as KnowledgeMarket for information sharing and knowledge management, Robowiser Framework for task automation, e-digi for electronic data storage and security, Microsoft-related licenses, system integration, outsourcing, and consulting; offers photocatalyst-related liquids and coatings through Japan Photocatalyst Center Co., Ltd.; and sells, leases, and rents smart mobility equipment (formerly construction machinery) domestically and overseas. Founded in April 2000 and headquartered at Tennozu First Tower in Tokyo, Japan, Abalance Corporation, formerly Realcom Inc., operates as a holding company overseeing group activities with production bases across Asia, Africa, and North America. Recent developments include TOYO Co., Ltd.'s Nasdaq listing in July 2024 to bolster global funding and expansion, establishment of new cell factories in Ethiopia and module facilities in the United States in 2025, achievement of BNEF Tier 1 solar manufacturer status for six consecutive quarters through September 2025, PVEL Top Performer recognition for five years, and EcoVadis Bronze CSR rating for four consecutive years.