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Vitec Holdings

DB:VCZ
Snowflake Description

High growth potential and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VCZ
DB
€28B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Vitec Holdings Co., Ltd., an electronics trading company, sells semiconductors, electronic components, and display products in Japan and internationally. The last earnings update was 50 days ago. More info.


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VCZ Share Price and Events
7 Day Returns
0%
DB:VCZ
3.6%
DE Electronic
2.2%
DE Market
1 Year Returns
-16%
DB:VCZ
-0.5%
DE Electronic
-6.3%
DE Market
VCZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vitec Holdings (VCZ) 0% -1.6% 7% -16% 125.6% 185.5%
DE Electronic 3.6% 0.8% 26.8% -0.5% 89.7% 87%
DE Market 2.2% 0.9% 9.3% -6.3% 13% 10.3%
1 Year Return vs Industry and Market
  • VCZ underperformed the Electronic industry which returned -0.5% over the past year.
  • VCZ underperformed the Market in Germany which returned -6.3% over the past year.
Price Volatility
VCZ
Industry
5yr Volatility vs Market
Related Companies

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

VCZ Value

 Is Vitec Holdings 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 Vitec Holdings. This is due to cash flow or dividend data being unavailable. The share price is €15.54.
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 Vitec Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vitec Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:VCZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥121.22
DB:VCZ Share Price ** DB (2019-03-26) in EUR €15.54
DB:VCZ Share Price converted to JPY reporting currency Exchange rate (EUR/ JPY) 125.211 ¥1945.77
Germany Electronic Industry PE Ratio Median Figure of 14 Publicly-Listed Electronic Companies 22.33x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.17x

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

** Primary Listing of Vitec Holdings.

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

= DB:VCZ Share Price ÷ EPS (both in JPY)

= 1945.77 ÷ 121.22

16.05x

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

  • Vitec Holdings is good value based on earnings compared to the DE Electronic industry average.
  • Vitec Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Vitec Holdings's expected growth come at a high price?
Raw Data
DB:VCZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
44.9%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 1.92x
Germany Market PEG Ratio Median Figure of 273 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:VCZ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.05x ÷ 44.9%

0.36x

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

  • Vitec Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Vitec Holdings's assets?
Raw Data
DB:VCZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥1,139.69
DB:VCZ Share Price * DB (2019-03-26) in EUR €15.54
DB:VCZ Share Price converted to JPY reporting currency Exchange rate (EUR/ JPY) 125.211 ¥1945.77
Germany Electronic Industry PB Ratio Median Figure of 20 Publicly-Listed Electronic Companies 2.41x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.79x
DB:VCZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:VCZ Share Price ÷ Book Value per Share (both in JPY)

= 1945.77 ÷ 1,139.69

1.71x

* Primary Listing of Vitec Holdings.

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

  • Vitec Holdings is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Vitec Holdings'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. Vitec Holdings has a total score of 4/6, 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.

VCZ Future Performance

 How is Vitec Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
44.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vitec Holdings expected to grow at an attractive rate?
  • Vitec Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Vitec Holdings's earnings growth is expected to exceed the Germany market average.
  • Vitec Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:VCZ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:VCZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 44.9%
DB:VCZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 25.5%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*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:VCZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:VCZ Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 270,000 3,300 1
2019-03-31 220,000 2,500 1
DB:VCZ Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 193,502 1,727
2018-09-30 190,056 532 1,615
2018-06-30 189,372 1,583
2018-03-31 185,883 -2,946 1,840
2017-12-31 175,295 1,951
2017-09-30 164,776 -4,976 2,121
2017-06-30 149,500 2,029
2017-03-31 138,841 2,953 1,512
2016-12-31 133,956 1,453
2016-09-30 135,474 6,698 1,213
2016-06-30 143,190 1,000
2016-03-31 145,415 -2,586 1,243

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vitec Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Vitec Holdings's revenue is expected to grow significantly at over 20% yearly.
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:VCZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Vitec Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:VCZ Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31
2019-03-31
DB:VCZ Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 121.22
2018-09-30 113.50
2018-06-30 111.39
2018-03-31 129.87
2017-12-31 138.67
2017-09-30 151.94
2017-06-30 146.49
2017-03-31 109.83
2016-12-31 105.78
2016-09-30 88.43
2016-06-30 73.00
2016-03-31 90.85

*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 Vitec Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vitec Holdings'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.
Vitec Holdings has a total score of 5/6, 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.

VCZ Past Performance

  How has Vitec Holdings 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 Vitec Holdings's growth in the last year to its industry (Electronic).
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.
  • Vitec Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Vitec Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Vitec Holdings's 1-year earnings growth is negative, it can't be compared to the DE Electronic industry average.
Earnings and Revenue History
Vitec Holdings'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 Vitec Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:VCZ Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 193,502.00 1,727.00 7,585.00
2018-09-30 190,056.00 1,615.00 7,494.00
2018-06-30 189,372.00 1,583.00 7,599.00
2018-03-31 185,883.00 1,840.00 7,542.00
2017-12-31 175,295.00 1,951.00 7,450.00
2017-09-30 164,776.00 2,121.00 7,432.00
2017-06-30 149,500.00 2,029.00 7,223.00
2017-03-31 138,841.00 1,512.00 7,065.00
2016-12-31 133,956.00 1,453.00 7,125.00
2016-09-30 135,474.00 1,213.00 7,046.00
2016-06-30 143,190.00 1,000.00 7,198.00
2016-03-31 145,415.00 1,243.00 7,309.00
2015-12-31 144,637.00 1,232.00 7,408.00
2015-09-30 138,437.00 1,531.00 7,163.00
2015-06-30 126,870.00 1,685.00 6,797.00
2015-03-31 118,703.00 1,425.00 6,497.00
2014-12-31 112,023.00 1,288.00 6,326.00
2014-09-30 110,554.00 1,272.00 6,326.00
2014-06-30 108,606.00 1,131.00 6,290.00
2014-03-31 109,038.00 1,301.00 6,203.00
2013-12-31 103,712.00 1,306.00 6,055.00
2013-09-30 100,442.00 947.00 5,921.00
2013-06-30 100,760.00 799.00 5,776.00
2013-03-31 102,242.00 624.00 5,683.00
2012-12-31 110,857.00 800.00 5,440.00
2012-09-30 113,149.00 337.00 5,492.00
2012-06-30 121,945.00 775.00 5,445.00

*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.
  • Vitec Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Vitec Holdings used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Vitec Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Vitec Holdings'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 Electronic 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.
Vitec Holdings has a total score of 2/6, 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.

VCZ Health

 How is Vitec Holdings'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 Vitec Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vitec Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vitec Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vitec Holdings'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 1.8x 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 Vitec Holdings Company Filings, last reported 3 months ago.

DB:VCZ Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18,296.00 37,474.00 7,251.00
2018-09-30 18,892.00 34,261.00 7,985.00
2018-06-30 18,141.00 33,967.00 7,821.00
2018-03-31 16,306.00 30,367.00 4,700.00
2017-12-31 16,146.00 35,742.00 5,004.00
2017-09-30 16,093.00 34,267.00 5,744.00
2017-06-30 15,528.00 29,998.00 5,555.00
2017-03-31 15,131.00 24,902.00 3,737.00
2016-12-31 14,429.00 26,914.00 5,194.00
2016-09-30 13,645.00 26,896.00 5,146.00
2016-06-30 12,906.00 30,700.00 5,624.00
2016-03-31 13,364.00 28,475.00 4,145.00
2015-12-31 13,229.00 36,811.00 4,054.00
2015-09-30 13,393.00 31,523.00 4,180.00
2015-06-30 13,295.00 27,393.00 3,271.00
2015-03-31 13,155.00 21,687.00 2,646.00
2014-12-31 12,672.00 21,362.00 3,545.00
2014-09-30 12,546.00 16,972.00 4,079.00
2014-06-30 11,870.00 16,054.00 4,115.00
2014-03-31 11,999.00 15,212.00 2,658.00
2013-12-31 11,830.00 14,153.00 2,308.00
2013-09-30 11,357.00 13,812.00 2,252.00
2013-06-30 9,530.00 13,443.00 1,923.00
2013-03-31 9,320.00 10,703.00 1,262.00
2012-12-31 8,873.00 10,677.00 1,463.00
2012-09-30 8,883.00 8,771.00 941.00
2012-06-30 8,789.00 8,595.00 1,711.00
  • Vitec Holdings's level of debt (204.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (119.7% vs 204.8% today).
  • Debt is not well covered by operating cash flow (1.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess Vitec Holdings'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. Vitec Holdings has a total score of 3/6, 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.

VCZ Dividends

 What is Vitec Holdings'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
0%
Current annual income from Vitec Holdings dividends.
If you bought €2,000 of Vitec Holdings shares you are expected to receive €0 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?
  • Unable to evaluate Vitec Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vitec Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:VCZ 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 1 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 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 3.9%

Industry and Market average data is calculated daily.

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

DB:VCZ Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31

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

  • Unable to perform a dividend volatility check as Vitec Holdings has not reported any payouts.
  • Unable to verify if Vitec Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vitec Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vitec Holdings has not reported any payouts.
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 Vitec Holdings'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 Vitec Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vitec Holdings has a total score of 0/6, see the detailed checks below.


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

VCZ Management

 What is the CEO of Vitec Holdings'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
Kunihiro Konno
AGE 78
TENURE AS CEO 6 years
CEO Bio

Mr. Kunihiro Konno is Chairman and President of Vitec Vegetable Factory Co., Ltd. Mr. Konno founded Vitec Co., Ltd., in April 1987 and has been its Chairman and President since June 2012 and April 2014 respectively. Mr. Konno also serves as the Chief Executive Officer of Vitec Co., Ltd. Mr. Konno served as Senior Managing Director of Sanshin Electronics Co., Ltd since April 1983. He Joined Sanshin Electronics Co., Ltd in April 1963. He established Vitec Co., Ltd and served as President since April 1987; Corporate Adviser since November 1996; Special Adviser since June 2003. He has been the Chairman of Vitec Co., Ltd. since June 2012. He served as an Executive Chairman of Vitec Co., Ltd since April 2012. He served as a Representative Director of Vitec Co., Ltd since April 1987.

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

Average tenure of the Vitec Holdings management team in years:

2.9
Average Tenure
  • The tenure for the Vitec Holdings management team is about average.
Management Team

Kunihiro Konno

TITLE
Founder
AGE
78
TENURE
6 yrs

Tatsuichi Naruse

TITLE
Executive Vice President and Director
TENURE
2 yrs

Shoji Matsumoto

TITLE
Representative Senior EVP & Director
AGE
66

Toshiyuki Suzuki

TITLE
Senior VP & Director

Osamu Komaki

TITLE
Senior VP & Director

Satoshi Matsumoto

TITLE
Corporate Senior Executive Vice President and Senior Managing Executive Officer

Yoshimi Harada

TITLE
Senior Vice President and Director
TENURE
2.9 yrs

Toshiyuki Kuroda

TITLE
Vice President

Ryo Sasaki

TITLE
Executive Officer & Device Solutions Group East Japan Sales Division GM

Satoshi Kuroda

TITLE
Executive Officer & Device Solutions Group West Sales Division GM
Board of Directors Tenure

Average tenure and age of the Vitec Holdings board of directors in years:

7.8
Average Tenure
72
Average Age
  • The tenure for the Vitec Holdings board of directors is about average.
Board of Directors

Kunihiro Konno

TITLE
Founder
AGE
78
TENURE
6.8 yrs

Tatsuichi Naruse

TITLE
Executive Vice President and Director

Shoji Matsumoto

TITLE
Representative Senior EVP & Director
AGE
66
TENURE
21.8 yrs

Toshiyuki Suzuki

TITLE
Senior VP & Director

Osamu Komaki

TITLE
Senior VP & Director

Yoshimi Harada

TITLE
Senior Vice President and Director
TENURE
2.9 yrs

Masanobu Seiki

TITLE
Director
AGE
78
TENURE
8.8 yrs

Kato Matsuyama

TITLE
Outside Director
AGE
51

Seno Tezuka

TITLE
Outside Director
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 Vitec Holdings'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. Vitec Holdings 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.

VCZ News

Simply Wall St News

VCZ Company Info

Description

Vitec Holdings Co., Ltd., an electronics trading company, sells semiconductors, electronic components, and display products in Japan and internationally. The company also engages in the design and contract manufacturing activities for TV board, BMS, and other modules, as well as for finished products comprising in-vehicle, digital broadcasting-related, environmental, digital camera, and other products. In addition, it provides solutions in various areas, including technical support (software/IP), contract purchasing, and logistics solutions. Further, the company engages in the design, construction, operation, management, and capital planning of power generation facilities installed on the rooftops of buildings, as well as solar plants. Additionally, it offers solar sharing solutions, as well as agricultural solutions for factories where plants are cultivated; and builds renewable energy projects, such as hydroelectric power and biomass. The company also provides consulting services in the field of energy and the environment, as well as measuring equipment. The company was formerly known as Vitec Co., Ltd. and changed its name to Vitec Holdings Co., Ltd. in October 2015. Vitec Holdings Co., Ltd. was founded in 1987 and is headquartered in Tokyo, Japan.

Details
Name: Vitec Holdings Co., Ltd.
VCZ
Exchange: DB
Founded: 1987
€27,558,727,350
14,316,222
Website: http://www.vitec.co.jp
Address: Vitec Holdings Co., Ltd.
3-6-5, Higashi Shinagawa,
Shinagawa-ku,
Tokyo,
140-0002,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB VCZ Common Stock Deutsche Boerse AG DE EUR 08. Nov 1993
Number of employees
Current staff
Staff numbers
605
Vitec Holdings employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/03 21:10
End of day share price update: 2019/03/26 00:00
Last estimates confirmation: 2019/02/14
Last earnings filing: 2019/02/12
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.