Today I will talk about Chiyoda Integre which uses technology to process soft materials with complete precision in accordance with customers' needs.
※The above image is quoted from the website of Chiyoda Integre.
Chiyoda Integre manufactures and sells parts of soft materials mainly for image equipment and office automation equipment. They are the unsung hero of famous companies such as Canon, Sony etc.
In addition, they expanded into the commercial area of heat dissipation and waterproofing materials. They have also expanded sales to automotive and mobile terminal parts, even extending to the healthcare field.
￥2,009（Mar.15th the last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: Dec Dividend yield 4.73% PER 11.63 PBR 0.75
Equity ratio 76.7%
Chiyoda Integre has been aggressively expanding its overseas manufacturing and sales locations, prior to the overseas expansion of other parts manufacturers and overseas sales have reached more than 70%.
I am concerned about the decreasing demand for China and low operation of the automobile parts factory in Mexico.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2016.12 |
56,584 |
4,167 |
3,319 |
252.8 |
90 |
36% |
|
2017.12 |
38,700 |
2,642 |
2,386 |
183.7 |
95 |
52% |
|
2018.12 |
40,324 |
2,646 |
2,090 |
155.9 |
100 |
64% |
|
2019.12 |
42,000 |
2,900 |
2,200 |
164.1 |
95 |
58% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March, 2019 is the predicted value
|
Cash flow statement |
2018.12 |
2017.12 |
|
CF operating activities |
3,013 |
4,801 |
|
CF investing activities |
▲2,336 |
▲4,091 |
|
CF financing activities |
▲2,193 |
▲2,099 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.