DB:TDF

Stock Analysis Report

Executive Summary

Takano Co.,Ltd. manufactures and sells office furniture, springs, exterior products, electronics-related products, and equipment for health and welfare in Japan.


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has TakanoLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TDF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.9%

TDF

7.1%

DE Commercial Services

9.1%

DE Market


1 Year Return

-14.3%

TDF

-28.0%

DE Commercial Services

-13.1%

DE Market

Return vs Industry: TDF exceeded the German Commercial Services industry which returned -27.1% over the past year.

Return vs Market: TDF matched the German Market which returned -14.3% over the past year.


Shareholder returns

TDFIndustryMarket
7 Day0.9%7.1%9.1%
30 Day13.8%-10.5%-1.0%
90 Day-12.5%-30.2%-20.7%
1 Year-12.4%-14.3%-25.4%-28.0%-10.6%-13.1%
3 Year-24.3%-28.4%-26.0%-32.4%-10.7%-18.1%
5 Year21.2%11.1%-36.0%-45.0%-10.7%-22.8%

Price Volatility Vs. Market

How volatile is TakanoLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is TakanoLtd undervalued compared to its fair value and its price relative to the market?

15.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TDF (€5.6) is trading above our estimate of fair value (€2.51)

Significantly Below Fair Value: TDF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TDF is good value based on its PE Ratio (15.4x) compared to the Commercial Services industry average (91.1x).

PE vs Market: TDF is good value based on its PE Ratio (15.4x) compared to the German market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TDF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TDF is good value based on its PB Ratio (0.4x) compared to the DE Commercial Services industry average (2.4x).


Next Steps

Future Growth

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

22.3%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TakanoLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has TakanoLtd performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TDF has high quality earnings.

Growing Profit Margin: TDF's current net profit margins (2.9%) are lower than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: TDF's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: TDF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TDF had negative earnings growth (-36%) over the past year, making it difficult to compare to the Commercial Services industry average (7.5%).


Return on Equity

High ROE: TDF's Return on Equity (2.3%) is considered low.


Next Steps

Financial Health

How is TakanoLtd's financial position?


Financial Position Analysis

Short Term Liabilities: TDF's short term assets (¥21.1B) exceed its short term liabilities (¥6.0B).

Long Term Liabilities: TDF's short term assets (¥21.1B) exceed its long term liabilities (¥979.0M).


Debt to Equity History and Analysis

Debt Level: TDF is debt free.

Reducing Debt: TDF currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: TDF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TDF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TDF's dividend (2.34%) is higher than the bottom 25% of dividend payers in the German market (1.57%).

High Dividend: TDF's dividend (2.34%) is low compared to the top 25% of dividend payers in the German market (4.68%).


Stability and Growth of Payments

Stable Dividend: TDF's dividends per share have been stable in the past 10 years.

Growing Dividend: TDF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.1%), TDF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.8yrs

Average management tenure


CEO

Jun Takano (70yo)

no data

Tenure

Mr. Jun Takano has been the President of Nikko Company since August 1990. Mr. Takano has been the President of Takano Co. Ltd. since June 1998 and Takano Machinery Co., Ltd. since April 1997. He serves as  ...


Leadership Team

NamePositionTenureCompensationOwnership
Jun Takano
CEO, President & Representative Directorno datano data10.39% ¥9.1m
Tsutomu Takano
MD, Assistant to the President & Directorno datano data2.34% ¥2.1m
Akio Ohara
MD & Directorno datano data0.046% ¥40.4k
Akira Kotagiri
MD & Directorno datano data0.12% ¥103.4k
Hisashi Shimojima
Deputy Chief of Furniture & Health Care Unitno datano data0.020% ¥17.9k

12.8yrs

Average Tenure

70.5yo

Average Age

Experienced Management: TDF's management team is seasoned and experienced (12.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jun Takano
CEO, President & Representative Directorno datano data10.39% ¥9.1m
Tsutomu Takano
MD, Assistant to the President & Directorno datano data2.34% ¥2.1m
Akio Ohara
MD & Directorno datano data0.046% ¥40.4k
Akira Kotagiri
MD & Directorno datano data0.12% ¥103.4k
Hisashi Shimojima
Deputy Chief of Furniture & Health Care Unitno datano data0.020% ¥17.9k
Kaoru Kurushima
Director13.83yrsno data0.068% ¥59.5k
Shigeo Toeda
Directorno datano data0.10% ¥90.1k
Toshiyuki Usui
Director12.83yrsno data0.045% ¥39.3k
Yoji Hasegawa
Outside Directorno datano datano data
Teruhiko Ozawa
Outside Directorno datano datano data

13.8yrs

Average Tenure

70yo

Average Age

Experienced Board: TDF's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Takano Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Takano Co.,Ltd.
  • Ticker: TDF
  • Exchange: DB
  • Founded: 1941
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: JP¥10.379b
  • Listing Market Cap: JP¥87.800m
  • Shares outstanding: 15.20m
  • Website: https://www.takano-net.co.jp

Number of Employees


Location

  • Takano Co.,Ltd.
  • 137, Miyada-mura
  • Kamiina-gun
  • Nagano
  • Nagano
  • 399-4301
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7885TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJul 1995
TKNO.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1995
TDFDB (Deutsche Boerse AG)YesCommon StockDEEURJul 1995

Biography

Takano Co.,Ltd. manufactures and sells office furniture, springs, exterior products, electronics-related products, and equipment for health and welfare in Japan. It provides office furniture, including swivel chairs and conference room chairs; medical and healthcare equipment, such as stretchers, wheelchairs, wheelchair cushions, walking aids, and others; and exterior products that consist of awnings, parasols, and multi-utility room products. The company also offers electromagnetic electrical components for various industrial equipment; spring and unit components, such as precision springs and spiral springs; inspection and measurement systems, such as LCD panel inspection systems, battery-related material inspection systems, and Web inspection systems; and UV laser machining and marking machines for high precision processing. In addition, it provides health foods. The company was formerly known as Takano Factory Co.,Ltd and changed its name to Takano Co.,Ltd. in 1973. Takano Co.,Ltd. was founded in 1941 and is headquartered in Nagano, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 22:51
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.