Hirakawa Hewtech Corp

Chart & Performance

D1W1MN

P/E

14.42

P/S

0.71

EPS

102.80

Div Yield, %

2.69%

Shrs. gr., 5y

—

Rev. gr., 5y

1.78%

Revenues

29.33b

-8.99%

Net income

1.44b

-51.13%

CFO

4.20b

+162.99%

Dividend

Mar 28, 20250 JPY/sh

Profile

Hirakawa Hewtech Corp. manufactures and sells cable and assemblies, electric and electronic equipment, and medical equipment and parts in Japan and internationally. The company offers super-fine coaxial cables for medical precision equipment; board-in cables for board mounting; wire harness products used as internal wiring and inter-machine wiring for multimedia-related industrial equipment; digital interface cables to support digital signals; and infiniband cables for connections between servers, storage devices, etc. It also provides factory automation cables that connect industrial machineries, including robot and machine tools; LCD cables to connect the displays notebook computers with main boards; flexible and power cords, and power supply parts, as well as EMI shielding products; and broadcasting cables, such as optical camera cables and HC-4E6 microphone cords. In addition, the company offers broadcast and network products; and develops, manufactures, and sells special medical tubing, as well as related processed goods used in medical, analysis equipment, and other special industrial fields. Further, it undertakes design, execution, and management and contract works of electrical and telecommunications work; and leases and manages real estate properties. The company was formerly known as Hirakawa Electric Wire Corporation and changed its name to Hirakawa Hewtech Corp. in October 1990. Hirakawa Hewtech Corp. was incorporated in 1948 and is headquartered in Tokyo, Japan.

URL

https://www.hewtech.co.jp/

IPO date

May 02, 2006

Employees

2,404

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	29,326,000 -8.99%	32,224,000 15.90%	27,803,000 21.12%
Cost of revenue	27,413,000	28,885,000	25,605,000
Unusual Expense (Income)
NOPBT	1,913,000	3,339,000	2,198,000
NOPBT Margin	6.52%	10.36%	7.91%
Operating Taxes	234,000	944,000	556,000
Tax Rate	12.23%	28.27%	25.30%
NOPAT	1,679,000	2,395,000	1,642,000
Net income	1,444,000 -51.13%	2,955,000 96.61%	1,503,000 38.91%
Dividends	(561,000)	(386,000)	(372,000)
Dividend yield	2.97%	1.80%	2.28%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,713,000	2,064,000	2,163,000
Long-term debt	1,567,000	1,202,000	2,349,000
Deferred revenue		(728,000)
Other long-term liabilities	2,042,000	2,143,000	2,169,000
Net debt	(11,487,000)	(8,192,000)	(6,273,000)
Cash flow
Cash from operating activities	4,200,000	1,597,000	968,000
CAPEX	(1,096,000)	(1,923,000)	(1,171,000)
Cash from investing activities	(1,348,000)	(677,000)	(284,000)
Cash from financing activities	(763,000)	(1,678,000)	(305,000)
FCF	2,235,000	567,000	(901,000)
Balance
Cash	12,691,000	9,324,000	8,782,000
Long term investments	2,076,000	2,134,000	2,003,000
Excess cash	13,300,700	9,846,800	9,394,850
Stockholders' equity	38,409,000	35,013,000	31,298,000
Invested Capital	29,429,300	28,450,200	27,367,150
ROIC	5.80%	8.58%	6.32%
ROCE	4.48%	8.56%	5.98%
EV
Common stock shares outstanding	14,047	14,047	14,047
Price	1,345.00 -11.75%	1,524.00 31.38%	1,160.00 -15.02%
Market cap	18,893,215 -11.75%	21,407,628 31.38%	16,294,520 -15.02%
EV	7,406,215	13,219,628	10,021,520
EBITDA	3,422,000	4,803,000	3,571,000
EV/EBITDA	2.16	2.75	2.81
Interest	41,000	27,000	13,000
Interest/NOPBT	2.14%	0.81%	0.59%