Piolax Inc

Chart & Performance

D1W1MN

P/E

19.87

P/S

1.24

EPS

117.79

Div Yield, %

4.19%

Shrs. gr., 5y

-1.01%

Rev. gr., 5y

-1.12%

Revenues

64.55b

+10.49%

Net income

4.01b

+18.90%

CFO

8.37b

+37.85%

Dividend

Mar 28, 20250 JPY/sh

Earnings

Feb 05, 2025

Profile

PIOLAX, Inc. designs, develops, produces, and sells various parts and products for automotive, medical, and consumer and security industries. It offers valves and fuel parts for filling, storing, and providing petrol; connectors for piping used around radiators; compact filters for fuel and oil systems; and evapo-tube ASSY products. The company also provides powertrain parts, which include various springs that are used for transmissions, as well as snap rings used for holding parts; open-close parts, including air dampers and locks for glove boxes; resin and metal fasteners for fixing automobile interior/exterior parts and connecting pipes to car body; and harnesses for bundling electric wires. In addition, it offers precision parts comprising retainers and tension springs to hold wheel caps, etc.; injection-molded parts for automotive interior/exterior; and visor-related parts and luggage board handles, as well as plate clamps and screw clamps. Further, the company provides medical appliances, such as spiral catheters and stents; and consumer and security products, including springs for combination faucets, and security parts to seal moneybags or container vehicles, as well as hot water blocking valves and headphone wire bands. It operates in Japan, rest of Asia, the United States, Europe, and internationally. The company was formerly known as Kato Hatsujo Inc. and changed its name to PIOLAX, Inc. in October 1995. PIOLAX, Inc. was founded in 1933 and is headquartered in Yokohama, Japan.

URL

https://www.piolax.co.jp/

IPO date

Apr 20, 1998

Employees

2,824

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	64,551,000 10.49%	58,422,000 5.94%	55,144,000 9.95%
Cost of revenue	60,604,000	54,701,000	50,136,000
Unusual Expense (Income)
NOPBT	3,947,000	3,721,000	5,008,000
NOPBT Margin	6.11%	6.37%	9.08%
Operating Taxes	1,495,000	1,285,000	1,302,000
Tax Rate	37.88%	34.53%	26.00%
NOPAT	2,452,000	2,436,000	3,706,000
Net income	4,013,000 18.90%	3,375,000 -20.10%	4,224,000 6.61%
Dividends	(4,456,000)	(2,313,000)	(1,719,000)
Dividend yield	4.82%	3.52%	3.19%
Proceeds from repurchase of equity	(1,000)	7,000	(1,526,000)
BB yield	0.00%	-0.01%	2.83%
Debt
Debt current	200,000	115,000	262,000
Long-term debt	382,000	439,000	546,000
Deferred revenue		482,000	391,000
Other long-term liabilities	1,644,000	9,000	14,000
Net debt	(58,001,000)	(59,358,000)	(56,919,000)
Cash flow
Cash from operating activities	8,365,000	6,068,000	6,441,000
CAPEX	(7,349,000)	(4,359,000)	(2,689,000)
Cash from investing activities	(8,573,000)	(5,001,000)	(3,861,000)
Cash from financing activities	(4,695,000)	(2,443,000)	(4,686,000)
FCF	(3,533,000)	(1,709,000)	1,522,000
Balance
Cash	37,272,000	38,837,000	38,040,000
Long term investments	21,311,000	21,075,000	19,687,000
Excess cash	55,355,450	56,990,900	54,969,800
Stockholders' equity	110,038,000	201,570,000	194,511,000
Invested Capital	54,520,550	47,743,100	43,810,200
ROIC	4.80%	5.32%	8.75%
ROCE	3.52%	3.48%	4.97%
EV
Common stock shares outstanding	34,043	34,042	34,707
Price	2,715.00 40.67%	1,930.00 24.20%	1,554.00 -4.37%
Market cap	92,425,928 40.68%	65,700,720 21.81%	53,935,213 -4.93%
EV	36,070,928	103,147,720	92,531,213
EBITDA	7,818,000	7,307,000	8,299,000
EV/EBITDA	4.61	14.12	11.15
Interest	13,000	19,000	8,000
Interest/NOPBT	0.33%	0.51%	0.16%