Arisawa Mfg
Market Cap
US$314.7m
Last Updated
2019/12/11 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Arisawa Mfg. Co., Ltd. manufactures and sells electronic, optoelectronic, electrical insulating, and industrial structural materials in Japan and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Arisawa Mfg's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASWA.Y has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.7%
ASWA.Y
1.8%
US Electronic
0.8%
US Market
1 Year Return
n/a
ASWA.Y
23.7%
US Electronic
17.8%
US Market
Return vs Industry: Insufficient data to determine how ASWA.Y performed against the US Electronic industry.
Return vs Market: Insufficient data to determine how ASWA.Y performed against the US Market.
Shareholder returns
| ASWA.Y | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 1.8% | 0.8% |
| 30 Day | n/a | 0.9% | 1.8% |
| 90 Day | n/a | 6.2% | 4.1% |
| 1 Year | n/a | 25.0%23.7% | 20.4%17.8% |
| 3 Year | 59.2%59.2% | 47.0%42.9% | 45.9%36.4% |
| 5 Year | 34.1%34.1% | 83.2%74.2% | 68.1%49.6% |
Price Volatility Vs. Market
How volatile is Arisawa Mfg's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Arisawa Mfg undervalued compared to its fair value and its price relative to the market?
44.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASWA.Y ($4.52) is trading below our estimate of fair value ($8.19)
Significantly Below Fair Value: ASWA.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASWA.Y is poor value based on its PE Ratio (184.3x) compared to the Electronic industry average (20.9x).
PE vs Market: ASWA.Y is poor value based on its PE Ratio (184.3x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASWA.Y is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ASWA.Y is good value based on its PB Ratio (0.7x) compared to the US Electronic industry average (2.1x).
Next Steps
Future Growth
How is Arisawa Mfg forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
61.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASWA.Y's forecast earnings growth (61.1% per year) is above the savings rate (1.7%).
Earnings vs Market: ASWA.Y's earnings (61.1% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASWA.Y's revenue (2.8% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: ASWA.Y's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASWA.Y's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Arisawa Mfg performed over the past 5 years?
-15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASWA.Y has high quality earnings.
Growing Profit Margin: ASWA.Y's current net profit margins (0.4%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: ASWA.Y's earnings have declined by -15.8% per year over the past 5 years.
Accelerating Growth: ASWA.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASWA.Y had negative earnings growth (-94.7%) over the past year, making it difficult to compare to the Electronic industry average (53.7%).
Return on Equity
High ROE: ASWA.Y's Return on Equity (0.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Arisawa Mfg's financial position?
Financial Position Analysis
Short Term Liabilities: ASWA.Y's short term assets (¥36.7B) exceed its short term liabilities (¥19.9B).
Long Term Liabilities: ASWA.Y's short term assets (¥36.7B) exceed its long term liabilities (¥5.2B).
Debt to Equity History and Analysis
Debt Level: ASWA.Y's debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: ASWA.Y's debt to equity ratio has increased from 9% to 21.8% over the past 5 years.
Debt Coverage: ASWA.Y's debt is well covered by operating cash flow (37.6%).
Interest Coverage: ASWA.Y earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: ASWA.Y has a high level of physical assets or inventory.
Debt Coverage by Assets: ASWA.Y's debt is covered by short term assets (assets are 3.4x debt).
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Dividend
What is Arisawa Mfg's current dividend yield, its reliability and sustainability?
3.02%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ASWA.Y's dividend (3.02%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: ASWA.Y's dividend (3.02%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: ASWA.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASWA.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (555.6%), ASWA.Y's dividend payments are not 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
What is the CEO of Arisawa Mfg's salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average management tenure
CEO
Yuta Arisawa (50yo)
2.5yrs
Tenure
Mr. Yuta Arisawa has been the Chief Executive Officer of Arisawa Mfg. Co., Ltd. since June 28, 2017. Mr. Arisawa served as Chief Operating Officer of Arisawa Mfg. Co., Ltd. since June 2014 until June 28, 2 ...
Management Age and Tenure
2.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: ASWA.Y's management team is considered experienced (2.5 years average tenure).
Board Age and Tenure
5.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: ASWA.Y's board of directors are considered experienced (5.5 years average tenure).
Insider Trading
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.
Management Team
Yuta Arisawa (50yo)
CEO & Representative Director
- Tenure: 2.5yrs
Yoshihiko Toda (61yo)
Senior Managing Operating Officer
- Tenure: 5.5yrs
Takeshi Masuda
Operating Officer & Deputy Division Chief of Administration Division
- Tenure: 3.4yrs
Makoto Tai
Operating Officer & Deputy Division Chief of Electronic Materials Business Division
- Tenure: 4.4yrs
Osamu Nakajima (54yo)
Chief of Electronic Materials Business Division
- Tenure: 3.5yrs
Takeshi Aizawa
Operating Officer & Deputy Division Chief of Manufacturing Division
- Tenure: 0yrs
Hidetaka Nonami (61yo)
Senior Operating Officer and Executive GM of Manufacturing Division & Administration Division
- Tenure: 2.5yrs
Shuichi Fujita
Operating Officer & Deputy Executive GM of Electronic Materials Business Division
- Tenure: 0.9yrs
Board Members
Yutaka Tsukahara (74yo)
Director
- Tenure: 2.5yrs
Koji Ohta (64yo)
Full Time Corporate Auditor
- Tenure: 7.5yrs
Yuta Arisawa (50yo)
CEO & Representative Director
- Tenure: 2.5yrs
Katsuchika Goto (75yo)
Outside Director
- Tenure: 9.5yrs
Yoshihiko Toda (61yo)
Senior Managing Operating Officer
- Tenure: 5.5yrs
Nobuya Tanaka (63yo)
Outside Corporate Auditor
- Tenure: 5.5yrs
Osamu Nakajima (54yo)
Chief of Electronic Materials Business Division
- Tenure: 3.5yrs
Hiroshi Miyashita (62yo)
Outside Corporate Auditor
- Tenure: 3.5yrs
Company Information
Arisawa Mfg. Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Arisawa Mfg. Co., Ltd.
- Ticker: ASWA.Y
- Exchange: OTCPK
- Founded: 1909
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥34.188b
- Listing Market Cap: JP¥314.691m
- Shares outstanding: 34.36m
- Website: https://www.arisawa.co.jp
Number of Employees
Location
- Arisawa Mfg. Co., Ltd.
- Minami-honcho 1-5-5
- Joetsu
- Niigata
- 943-8610
- Japan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5208 | TSE (The Tokyo Stock Exchange) | Yes | Common Stock | JP | JPY | Jan 1992 |
| ASWA.Y | OTCPK (Pink Sheets LLC) | GDR | US | USD | Mar 2001 |
Biography
Arisawa Mfg. Co., Ltd. manufactures and sells electronic, optoelectronic, electrical insulating, and industrial structural materials in Japan and internationally. The company offers flexible printed circui ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 23:32 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.