Tomoegawa Corporation

Tomoegawa Corporation

TTSE:3878
960.00
JPY
+21.00
(+2.24%)
7.50BMarket Cap
Nov 10Next 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
3,393.36
3,344.62
3,284.25
3,174.44
3,398.67
3,218.57
3,062.3
3,065.56
3,230.11
3,294.75
3,248.66
3,355.62
3,464.77
- -
Basic EPS, GAAP
59.41
4.71
-91.07
24.71
40.51
-195.58
50.39
-114.78
162.56
139.91
57.27
72.99
92.1
- -
Free Cash Flow per Basic Share
77.84
62.55
25.1
75.29
210.41
-121.08
-233.17
287.84
239.91
11.18
224.28
-96.38
-34.01
- -
Dividend per Share
25.1
30.1
25.19
25.1
25.11
24.83
25.1
- -
- -
24.39
19.67
15.11
14.72
- -
Book Value per Share
1,176.65
1,264.26
1,076.21
1,150.29
1,213.19
978.52
909.17
1,137.93
1,318.73
1,352.37
1,417.22
1,511.49
1,802.12
- -
Tangible Book Value per Share
1,160.38
1,240.93
1,046.21
1,124.3
1,187.78
926.57
853.84
1,084.78
1,276.07
1,314.67
1,377.88
1,435.32
1,715.65
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
34,613
34,114
33,502
32,379
34,647
33,439
30,995
30,768
32,785
34,170
33,692
34,432
35,552
- -
Operating Margin (%)
7.49
5.59
5.93
2.68
3.38
2.02
-0.2
-0.04
6.06
6.01
3.96
3.73
4.57
- -
Depreciation Expense
1,684
1,575
1,890
1,553
1,525
1,638
1,668
1,814
1,717
1,619
1,669
1,781
1,928
- -
Net Income, GAAP
606
48
-929
252
413
-2,032
510
-1,152
1,650
1,451
594
749
945
- -
Effective Tax Rate (%)
12.77
66.06
- -
32.77
28.19
- -
51.23
- -
24.91
22.34
30.23
25.14
19.69
- -
Profit Margin (%)
1.75
0.14
-2.77
0.78
1.19
-6.08
1.65
-3.74
5.03
4.25
1.76
2.18
2.66
- -
Working Capital
1,254
4,155
3,163
4,582
2,748
1,889
986
2,630
6,551
5,459
4,195
3,442
1,750
- -
LT Debt
3,698
6,023
6,154
5,928
3,907
5,432
7,363
6,428
7,811
5,813
5,053
5,443
3,979
- -
Total Equity
12,891
14,278
12,495
13,260
14,005
11,680
12,403
15,311
17,614
18,368
19,393
19,627
22,492
- -
Return on Invested Capital (%)
2.79
0.23
- -
2.2
3.26
- -
-0.11
- -
4.94
5.18
2.93
2.91
3.63
- -
Return on Capital (%)
2.52
0.06
- -
1.23
1.75
- -
1.94
- -
5.1
3.96
1.21
1.91
2.6
- -
Return on Common Equity (%)
5.11
0.39
-7.78
2.22
3.43
-18.25
5.37
-11.18
13.21
10.55
4.14
5
5.74
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
8,459
11,159
- -
LT Borrowings
5,906
3,792
- -
LT Finance Leases
- -
187
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
7,610
7,502
7,649

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
22,169
22,723
- -
Cash, Cash Equivalents & STI
4,903
5,104
- -
Accounts Receivable, Net
6,379
5,573
- -
Inventories
9,702
9,333
- -
Total Current Liabilities
18,774
20,973
- -
Payables & Accruals
- -
- -
- -
ST Debt
8,459
11,159
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.55%
8.14%
14.6%
Free Cash Flow
167.28%
317.4%
-64.71%
Net Income, GAAP
-136.83%
-52.42%
26.17%
Sales/Revenue/Turnover
0.69%
2.97%
3.25%
Total Cash Common Dividend
- -
- -
-2.58%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
34,432
2026
- -
- -
- -
- -
35,552
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
72.99
2026
- -
- -
- -
- -
92.1
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
15.11
2026
- -
- -
- -
- -
14.72
2027
- -
- -
- -
- -
- -

Company Description

CEO
Yoshio Inoue
Full Time Employees
1,346
Sector
Process industries
Industry
Pulp & paper
Address
Kyobashi Trust Tower Tokyo TY Japan 104-8335
IPO Date
Aug 28, 1961
Business
Tomoegawa Co., Ltd. operates as a comprehensive developer, manufacturer, and distributor of advanced materials and components, primarily serving markets in Japan and globally. Established in 1914 as a pioneer in industrial specialty paper, the company has since evolved, leveraging its foundational expertise in papermaking, coating, adhesives, and powder technologies. Their diverse portfolio spans several key business areas, including semiconductor and display-related products, functional sheets, toner, and security media, while actively pursuing new business ventures. Within its semiconductor and display-related segment, Tomoegawa provides crucial electronic components such as lead frame fixing tapes, where it holds a significant global market share, alongside various adhesive tapes, electrostatic chucks, and specialized materials for hermetic seal packages. The company also offers optical adhesive films, light control films, hard coat films, and refractive index matching films for display applications. A core focus is on products designed to manage heat, electricity, and electromagnetic waves, which are vital for the proper function of modern, high-density electronic devices, encompassing offerings like high-performance heat sinks and flexible planar heaters. The functional sheet business encompasses a broad range of high-performance sheets and specialty papers. This includes advanced electromagnetic wave absorption sheets, high insulation and heat-conductive adhesive sheets, low-dielectric tangent sheets, re-affixable thermal conduction sheets, and conductive adhesive sheets for various industrial applications, including engineering plastic integral molding. Their specialty paper division produces insulating paper for electrical applications, magnetic sheet materials for tickets and cards, inkjet, laser printer, sublimation printer, and thermal recording papers, as well as specialized fiber sheets crafted from stainless steel, fluorine, inorganic materials, copper, and cellulose fiber compounds. While transitioning from domestic paper production at its Shizuoka plant by early 2027, the company aims to continue certain insulating paper manufacturing through international subsidiaries. In its toner business, Tomoegawa is recognized as a leading specialist producer of fine particle materials for printing. Its offerings include magnetic, non-magnetic, and full-color toners, as well as innovative lower energy fixable types, catering to the needs of photocopiers and printers worldwide. The security media segment focuses on the manufacturing and processing of secure documents, payment cards (certified for major card schemes in Japan), and magnetic recording products, alongside information processing services. Additionally, a dedicated new business development division explores emerging opportunities in areas such as 5G, digital transformation, energy efficiency, and environmental solutions, including eco-friendly products under its "GREEN CHIP" brand. Tomoegawa Co., Ltd. remains headquartered in Tokyo, Japan, and was reclassified to the Chemicals industry on the Tokyo Stock Exchange in October 2023.