Asahi Rubber Inc

Chart & Performance

D1W1MN

P/E

18.37

P/S

0.34

EPS

29.50

Div Yield, %

3.70%

Shrs. gr., 5y

—

Rev. gr., 5y

3.59%

Revenues

7.18b

-0.34%

Net income

134m

-34.08%

CFO

641m

+48.25%

Dividend

Mar 28, 20250 JPY/sh

Profile

Asahi Rubber Inc. manufactures and sells industrial rubber products in Japan. The company provides ASA COLOR light emitting diodes (LED) for use in automotive interiors, such as speedometers, navigation controls, switches, and audios; silicone lens for UV LEDs; white silicon ink for ultraviolet applications, as well as color filter sheets; and ASACOLOR LED-EMMO light for study/sleep. It also offers Light diffusion cap; ASA COLOR application products, such as lamp cap for automotive interior lighting, and phosphor sheet/tube; 3D solution services; and bendable electric generators, as well as stretchable cables. In addition, the company provides automotive rubber switches; hydrophilic silicone rubber for use in fluid management devices, hydrophilic film replacement, and materials for cell culturing container; high precision rubber sheets; and gaskets for prefilled syringes. Further, it offers one-way check valve for gravity drip; rubber products for use in medical care, such as rubber plugs for infusion bags and vacuum blood collection tubes, or chemical injected rubber plugs; electromagnetic wave control body, a pseudo-human body for measuring how electromagnetic waves in a communication environment; microfluidic devices; 3D solutions; flexible thermoplastic modules; energy harvesting; stretchable cables, as well as provide products for wind turbine blades. Additionally, the company provides Saporous, which is used for nursing care and welfare equipment for the elderly, shock absorbing applications, sports supplies, various filters, etc.; O-rings for use in waterproof power-operated parts of door mirrors and knock sensors of automobiles; microfluidic devices; and rubber for table tennis rackets. Asahi Rubber Inc. was founded in 1970 and is headquartered in Saitama, Japan.

URL

https://www.asahi-rubber.co.jp/

IPO date

Sep 04, 1998

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03
Income
Revenues	7,180,882 -0.34%	7,205,546 2.58%	7,024,259 8.27%
Cost of revenue	7,025,329	7,019,605	6,732,824
Unusual Expense (Income)
NOPBT	155,553	185,941	291,435
NOPBT Margin	2.17%	2.58%	4.15%
Operating Taxes	28,587	11,715	66,235
Tax Rate	18.38%	6.30%	22.73%
NOPAT	126,966	174,226	225,200
Net income	133,825 -34.08%	203,012 -14.86%	238,442 109.56%
Dividends	(90,880)	(91,104)	(90,667)
Dividend yield	3.60%	3.72%	3.58%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,004,681	792,176	958,851
Long-term debt	760,478	1,113,772	1,478,868
Deferred revenue		(71,603)	(54,024)
Other long-term liabilities	1,006,469	1,017,377	1,044,122
Net debt	(701,398)	(475,755)	(366,124)
Cash flow
Cash from operating activities	641,410	432,645	435,955
CAPEX	(450,246)	(288,935)	(183,192)
Cash from investing activities	71,364	87,821	(214,256)
Cash from financing activities	(239,760)	(619,128)	(761,803)
FCF	143,175	128,197	127,076
Balance
Cash	2,282,039	1,988,181	2,427,754
Long term investments	184,518	393,522	376,089
Excess cash	2,107,513	2,021,426	2,452,630
Stockholders' equity	4,262,270	4,479,033	4,265,329
Invested Capital	5,699,670	5,697,323	5,599,042
ROIC	2.23%	3.08%	4.06%
ROCE	1.99%	2.39%	3.60%
EV
Common stock shares outstanding	4,554	4,536	4,536
Price	555.00 2.78%	540.00 -3.40%	559.00 -15.43%
Market cap	2,527,470 3.18%	2,449,636 -3.39%	2,535,624 -15.52%
EV	1,826,072	1,973,881	2,169,500
EBITDA	588,628	606,866	746,630
EV/EBITDA	3.10	3.25	2.91
Interest	6,745	7,157	8,445
Interest/NOPBT	4.34%	3.85%	2.90%