Today I will talk about the specialized trading company Rasa Corporation, which handles things such as mineral products, metal materials, industrial machinery, and environmental plants.
※The above images are from Rasa Corporation’s website.
Rasa Corporation has strong skills and technologies in special fields such as mineral resources, and is expanding its business with the excellent proposing and maintenance service system unique to a specialized trading company.
Recently, mergers and acquisitions have been positioned as one of the important management strategies, and It also seems to be acquiring other company that can have a synergistic effect on its existing businesses then attempting to build a
foundation for growth and stable profits.
￥941（2/4 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March
Dividend yield 4.04% PER 6.79 PBR 0.66
Equity ratio 54.5%
Recently, orders for mobile pumps that help with natural disaster recovery are increasing.
In addition to high dividends, Rasa Corporation has set up a shareholder special benefit and once a year shareholders can receive a Quo Card. The amount on the Quo Card varies depending on how long you held shares.
Rasa Corporation special benefits ←Click here for details
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2017.3 |
29,937 |
1,459 |
1,348 |
119.5 |
24 |
20% |
|
2018.3 |
29,076 |
1,863 |
1,514 |
133.4 |
33 |
25% |
|
2019.3 |
31,755 |
2,029 |
1,608 |
132.4 |
34 |
26% |
|
2020.3 |
31,000 |
1,950 |
1,610 |
138.5 |
38 |
27% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March 2020 is the predicted value
|
Cash flow statement |
2019.3 |
2018.3 |
|
CF operating activities |
▲460 |
2,174 |
|
CF investing activities |
▲147 |
▲524 |
|
CF financing activities |
▲326 |
▲168 |
※One unit is one million yen
Note: You should be responsible for your own investment. Please make your own final judgment.