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Advanex

DB:DCV
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DCV
DB
¥7B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Advanex Inc. manufactures and sells precision springs in Japan and internationally. The last earnings update was 35 days ago. More info.


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  • Advanex has significant price volatility in the past 3 months.
DCV Share Price and Events
7 Day Returns
-0.8%
DB:DCV
-0%
DE Machinery
2.1%
DE Market
1 Year Returns
-63.6%
DB:DCV
-23.7%
DE Machinery
-7.6%
DE Market
DCV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Advanex (DCV) -0.8% 4% 48.9% -63.6% 29.9% 39.8%
DE Machinery -0% -2.5% 3.9% -23.7% -8.2% 11.3%
DE Market 2.1% 3.6% 8.1% -7.6% 9.8% 12.4%
1 Year Return vs Industry and Market
  • DCV underperformed the Machinery industry which returned -23.7% over the past year.
  • DCV underperformed the Market in Germany which returned -7.6% over the past year.
Price Volatility
DCV
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Advanex's competitors could be found in our database.

DCV Value

 Is Advanex undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Advanex. This is due to cash flow or dividend data being unavailable. The share price is €13.03.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Advanex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Advanex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DCV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥-30.60
TSE:5998 Share Price ** TSE (2019-03-20) in JPY ¥1677
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 15.58x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Advanex.

DB:DCV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:5998 Share Price ÷ EPS (both in JPY)

= 1677 ÷ -30.60

-54.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advanex is loss making, we can't compare its value to the DE Machinery industry average.
  • Advanex is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Advanex's expected growth come at a high price?
Raw Data
DB:DCV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -54.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
37.2%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.61x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Advanex, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Advanex's assets?
Raw Data
DB:DCV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥1,459.65
TSE:5998 Share Price * TSE (2019-03-20) in JPY ¥1677
Germany Machinery Industry PB Ratio Median Figure of 45 Publicly-Listed Machinery Companies 1.76x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.79x
DB:DCV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:5998 Share Price ÷ Book Value per Share (both in JPY)

= 1677 ÷ 1,459.65

1.15x

* Primary Listing of Advanex.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advanex is good value based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Advanex's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Advanex has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DCV Future Performance

 How is Advanex expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Advanex, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Advanex expected to grow at an attractive rate?
  • Advanex's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Advanex's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Advanex's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:DCV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DCV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 37.2%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DCV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DCV Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:DCV Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 20,898 -125
2018-09-30 20,717 715 -54
2018-06-30 20,633 1
2018-03-31 20,294 311 49
2017-12-31 19,761 89
2017-09-30 19,151 507 131
2017-06-30 18,389 175
2017-03-31 17,858 773 67
2016-12-31 17,804 331
2016-09-30 17,921 879 346
2016-06-30 18,548 432
2016-03-31 19,073 1,415 587

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Advanex's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Advanex is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DCV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Advanex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DCV Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:DCV Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 -30.60
2018-09-30 -13.23
2018-06-30 0.25
2018-03-31 12.01
2017-12-31 21.81
2017-09-30 32.10
2017-06-30 42.87
2017-03-31 16.41
2016-12-31 81.06
2016-09-30 84.71
2016-06-30 105.71
2016-03-31 143.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Advanex will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Advanex's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Advanex has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DCV Past Performance

  How has Advanex performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Advanex's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Advanex does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Advanex's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Advanex's 1-year growth to the DE Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Advanex's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Advanex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DCV Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 20,898.00 -125.00 4,753.00
2018-09-30 20,717.00 -54.00 4,722.00
2018-06-30 20,633.00 1.00 4,596.00
2018-03-31 20,294.00 49.00 4,504.00
2017-12-31 19,761.00 89.00 4,341.00
2017-09-30 19,151.00 131.00 4,222.00
2017-06-30 18,389.00 175.00 4,127.00
2017-03-31 17,858.00 67.00 4,110.00
2016-12-31 17,804.00 331.00 4,101.00
2016-09-30 17,921.00 346.00 4,189.00
2016-06-30 18,548.00 432.00 4,322.00
2016-03-31 19,073.00 587.00 4,374.00
2015-12-31 22,100.00 283.00 4,747.00
2015-09-30 25,149.00 454.00 5,041.00
2015-06-30 27,458.00 519.00 5,267.00
2015-03-31 29,487.00 535.00 5,474.00
2014-12-31 28,598.00 657.00 5,333.00
2014-09-30 28,004.00 734.00 5,148.00
2014-06-30 27,472.00 603.00 5,041.00
2014-03-31 27,100.00 682.00 4,907.00
2013-12-31 26,403.00 761.00 4,724.00
2013-09-30 24,855.00 617.00 4,505.00
2013-06-30 23,890.00 439.00 4,347.00
2013-03-31 23,551.00 478.00 4,284.00
2012-12-31 23,641.00 482.00 4,350.00
2012-09-30 24,149.00 336.00 4,467.00
2012-06-30 25,071.00 599.00 4,557.00
2012-03-31 25,191.00 226.00 4,639.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Advanex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Advanex has efficiently used its assets last year compared to the DE Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Advanex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Advanex's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Advanex has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DCV Health

 How is Advanex's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Advanex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Advanex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Advanex's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Advanex's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Advanex Company Filings, last reported 2 months ago.

DB:DCV Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5,976.00 10,156.00 3,709.00
2018-09-30 6,269.00 8,968.00 3,905.00
2018-06-30 6,090.00 8,377.00 4,072.00
2018-03-31 6,233.00 8,175.00 4,346.00
2017-12-31 6,666.00 7,625.00 3,962.00
2017-09-30 6,507.00 7,313.00 3,831.00
2017-06-30 6,316.00 6,899.00 3,696.00
2017-03-31 6,297.00 6,627.00 3,906.00
2016-12-31 6,463.00 5,926.00 3,696.00
2016-09-30 5,493.00 5,680.00 3,245.00
2016-06-30 5,569.00 5,698.00 3,510.00
2016-03-31 6,578.00 5,095.00 3,465.00
2015-12-31 6,987.00 5,007.00 3,427.00
2015-09-30 6,900.00 4,208.00 3,279.00
2015-06-30 7,125.00 3,688.00 3,324.00
2015-03-31 7,031.00 3,975.00 3,485.00
2014-12-31 7,893.00 6,868.00 3,877.00
2014-09-30 6,852.00 6,451.00 3,042.00
2014-06-30 5,186.00 7,249.00 3,190.00
2014-03-31 4,740.00 7,055.00 2,808.00
2013-12-31 5,397.00 7,444.00 3,035.00
2013-09-30 4,516.00 7,519.00 2,894.00
2013-06-30 4,450.00 7,989.00 3,369.00
2013-03-31 4,072.00 7,478.00 2,424.00
2012-12-31 3,434.00 7,868.00 2,847.00
2012-09-30 2,602.00 7,976.00 2,751.00
2012-06-30 2,713.00 8,602.00 3,402.00
2012-03-31 2,966.00 8,359.00 2,677.00
  • Advanex's level of debt (169.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (138% vs 169.9% today).
  • Debt is not well covered by operating cash flow (7%, less than 20% of total debt).
  • Advanex is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Advanex's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Advanex has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DCV Dividends

 What is Advanex's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.79%
Current annual income from Advanex dividends.
If you bought €2,000 of Advanex shares you are expected to receive €36 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Advanex's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Advanex's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
Upcoming dividend payment

Purchase Advanex on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DCV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DCV Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
DB:DCV Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-26 30.000 1.740
2018-05-09 30.000 1.300
2017-06-23 30.000 1.073
2017-05-11 30.000 1.956
2016-06-24 40.000 2.922
2016-05-11 40.000 3.287
2016-02-05 35.000 2.819
2015-11-06 35.000 2.004
2015-08-07 35.000 1.836
2015-06-25 35.000 1.775
2015-05-12 35.000 1.935
2014-06-20 20.000 1.135
2014-05-09 20.000 1.321
2014-02-07 15.000 1.058
2013-11-08 15.000 1.136
2013-05-10 15.000 1.392
2012-06-22 10.000 1.239
2012-05-11 10.000 1.353
2009-03-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advanex has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Advanex only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Advanex's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Advanex's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Advanex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Advanex has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DCV Management

 What is the CEO of Advanex's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tsuneo Shibano
AGE 58
TENURE AS CEO 0.8 years
CEO Bio

Mr. Tsuneo Shibano serves as Chairman of the Board at Advanex Inc. since June 2018 and also has been its President and Chief Operating Officer since June 2013. Mr. Shibano has been the President of Domestic Business at Advanex Inc. since April 2013. He served as General Manager of Production Division at Advanex Inc. since April 2012, and also served as its General Manager of Overall Production Division since May 2008. He served as Executive Officer General Manager of Production & Technology Division, Manager of Production Management Department at Advanex Inc. since April 2007. He has been the Chairman at Daiichi Kasei Holdings K.K. Daiichi Kasei Co., Ltd., and Advanex Motion Design, Inc. since June 2013. He has been a Representative Director Advanex Inc. since June 2013. Mr. Shibano serves as a Director of Advanex Motion Design Inc. Mr. Shibano joined Advanex, Inc. in March 1978.

CEO Compensation
  • Insufficient data for Tsuneo to compare compensation growth.
  • Insufficient data for Tsuneo to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Advanex management team in years:

4.9
Average Tenure
59
Average Age
  • The tenure for the Advanex management team is about average.
Management Team

Tsuneo Shibano

TITLE
Chairman
AGE
58
TENURE
0.8 yrs

Toshiya Ohno

TITLE
Representative MD
AGE
59
TENURE
12.9 yrs

Seiya Kato

TITLE
Chief of Customer Service Promotion Office
AGE
60
TENURE
4.9 yrs

Mitsuo Kotani

TITLE
Executive Officer

Yoshifumi Oniyama

TITLE
Executive Officer

Noboru Shimamura

TITLE
Executive Officer

Toshiaki Iwase

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Advanex board of directors in years:

5.3
Average Tenure
60
Average Age
  • The tenure for the Advanex board of directors is about average.
Board of Directors

Tsuneo Shibano

TITLE
Chairman
AGE
58
TENURE
0.8 yrs

Toshiya Ohno

TITLE
Representative MD
AGE
59
TENURE
9.8 yrs

Seiya Kato

TITLE
Chief of Customer Service Promotion Office
AGE
60
TENURE
6.9 yrs

Foo Khan

TITLE
Director
AGE
72
TENURE
6.8 yrs

Ken Kotani

TITLE
Outside Independent Director
TENURE
0.8 yrs

Ryuhei Nakano

TITLE
Outside Independent Director
TENURE
0.8 yrs

Masashi Fukushima

TITLE
Outside Independent Director
TENURE
0.8 yrs

Taizo Ochi

TITLE
Audit & Supervisory Board Member
AGE
72
TENURE
9.8 yrs

Shigeru Wakai

TITLE
Audit & Supervisory Board Member
AGE
66
TENURE
7.8 yrs

Junichi Shukuwa

TITLE
Audit & Supervisory Board Member
AGE
55
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Advanex's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Advanex has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DCV News

Simply Wall St News

DCV Company Info

Description

Advanex Inc. manufactures and sells precision springs in Japan and internationally. The company offers wire springs, including precision springs, micro springs, and wire inserts; flat springs, such as precision presses, multi formings, molding presses, and insert collars; and insert moldings. It also provides component parts comprising torque limiters and spring clutches, and other assemblies. In addition, the company designs and manufactures tools and die sets for precision deep drawing products. Further, it manufactures and sells precision deep drawing and metal stamping products. The company was formerly known as Kato Spring Works Co., Ltd. and changed its name to Advanex Inc. in July 2001. Advanex Inc. was founded in 1930 and is headquartered in Tokyo, Japan.

Details
Name: Advanex Inc.
DCV
Exchange: DB
Founded: 1930
¥54,267,582
4,094,134
Website: http://www.advanex.co.jp
Address: Advanex Inc.
Asuka Tower Building,
6-1-1 Tabata,
Tokyo,
114-8581,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 5998 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
DB DCV Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
1,913
Advanex employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 21:31
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2018/05/09
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.