company background image
5981 logo

Tokyo Rope Mfg TSE:5981 Stock Report

Last Price

JP¥1.44k

Market Cap

JP¥22.8b

7D

1.8%

1Y

24.5%

Updated

01 May, 2024

Data

Company Financials +

Tokyo Rope Mfg. Co., Ltd.

TSE:5981 Stock Report

Market Cap: JP¥22.8b

Tokyo Rope Mfg. Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tokyo Rope Mfg
Historical stock prices
Current Share PriceJP¥1,440.00
52 Week HighJP¥1,596.00
52 Week LowJP¥1,040.00
Beta1.32
1 Month Change2.35%
3 Month Change5.03%
1 Year Change24.46%
3 Year Change38.46%
5 Year Change35.08%
Change since IPO-83.80%

Recent News & Updates

Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Mar 25
Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Feb 27
Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Recent updates

Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Mar 25
Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Feb 27
Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Shareholder Returns

5981JP Metals and MiningJP Market
7D1.8%1.2%2.5%
1Y24.5%29.3%29.1%

Return vs Industry: 5981 underperformed the JP Metals and Mining industry which returned 29.3% over the past year.

Return vs Market: 5981 underperformed the JP Market which returned 29.1% over the past year.

Price Volatility

Is 5981's price volatile compared to industry and market?
5981 volatility
5981 Average Weekly Movement5.1%
Metals and Mining Industry Average Movement4.4%
Market Average Movement4.2%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market2.3%

Stable Share Price: 5981 has not had significant price volatility in the past 3 months.

Volatility Over Time: 5981's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18871,519Hideyuki Haradawww.tokyorope.co.jp

Tokyo Rope Mfg. Co., Ltd. manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally. It offers its wire ropes that are used in cranes, elevators, forestry and fisheries, rope slings, and cableways; galvanized wires and strands for use in electric power and communication fields; and steel cords, including steel tire cords that are used in steel radial tires, hose wires to reinforce high pressure hose, and saw wires to produce wafers and chips. The company also provides engineering, bridge and structural cable, and CFCC, as well as aluminum conductor fiber reinforced products.

Tokyo Rope Mfg. Co., Ltd. Fundamentals Summary

How do Tokyo Rope Mfg's earnings and revenue compare to its market cap?
5981 fundamental statistics
Market capJP¥22.83b
Earnings (TTM)JP¥3.88b
Revenue (TTM)JP¥65.02b

5.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
5981 income statement (TTM)
RevenueJP¥65.02b
Cost of RevenueJP¥51.20b
Gross ProfitJP¥13.82b
Other ExpensesJP¥9.94b
EarningsJP¥3.88b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 13, 2024

Earnings per share (EPS)245.63
Gross Margin21.25%
Net Profit Margin5.97%
Debt/Equity Ratio72.1%

How did 5981 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

14%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.