JP-listed companies
TACHIKAWA CORPORATION

TACHIKAWA CORPORATIONJP:7989

Market cap

¥27B

P/E ratio

9.4x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Cash and deposits	-	8,877	9,026	9,591	8,909	10,578	12,503	14,187	15,126	18,518	18,079	16,129	15,463
Notes receivable - trade	-	-	-	-	-	-	-	-	-	-	-	2,028	1,642
Notes and accounts receivable - trade, and contract assets	-	-	-	-	-	-	-	-	-	-	-	9,999	9,137
Electronically recorded monetary claims - operating	-	-	-	-	-	-	-	-	-	3,661	5,125	6,200	6,976
Accounts receivable - trade	-	-	-	-	-	-	-	-	-	-	-	6,822	6,885
Merchandise and finished goods	-	758	635	548	617	614	592	645	823	815	924	878	792
Merchandise and finished goods	-	758	635	548	617	614	592	645	823	815	924	878	792
Work in process	-	1,196	1,191	1,236	1,348	1,314	1,345	1,412	1,474	1,433	1,400	1,599	1,621
Work in process	-	1,196	1,191	1,236	1,348	1,314	1,345	1,412	1,474	1,433	1,400	1,599	1,621
Costs on uncompleted construction contracts	-	105	67	121	139	105	98	388	234	134	75	23	18
Raw materials and supplies	-	2,837	2,957	3,071	3,113	3,381	3,132	3,631	3,692	3,583	3,773	4,759	4,646
Prepaid expenses	-	230	226	181	226	212	216	461	281	223	232	209	211
Advance payments to suppliers	-	11	15	28	10	12	11	8	19	13	24	23	26
Other	-	494	581	393	289	426	521	525	467	78	77	221	301
Prepaid expenses	-	230	226	181	226	212	216	461	281	223	232	209	211
Allowance for doubtful accounts	-	-35	-10	-9	-17	-16	-18	-12	-31	-44	-52	-74	-80
Other	-	494	581	393	289	426	521	525	467	78	77	221	301
Current assets	-	26,451	27,912	29,305	30,298	31,764	34,084	35,949	38,184	39,268	40,463	39,966	39,111
Allowance for doubtful accounts	-	-35	-10	-9	-17	-16	-18	-12	-31	-44	-52	-74	-80
Current assets	-	26,451	27,912	29,305	30,298	31,764	34,084	35,949	38,184	39,268	40,463	39,966	39,111
Buildings and structures	-	12,615	12,653	12,743	12,979	13,069	13,234	13,293	13,421	13,493	14,294	15,891	16,524
Accumulated depreciation	-	-7,752	-7,979	-8,261	-8,534	-8,753	-8,972	-9,224	-9,466	-9,668	-9,858	-10,140	-10,362
Buildings and structures, net	-	4,863	4,674	4,482	4,445	4,316	4,262	4,069	3,954	3,826	4,436	5,751	6,162
Machinery, equipment and vehicles	-	8,561	8,759	8,840	9,073	9,170	9,304	9,092	9,282	9,328	9,641	11,506	11,690
Accumulated depreciation	-	-7,702	-7,841	-7,971	-8,064	-8,154	-8,338	-8,138	-8,289	-8,339	-8,522	-8,807	-9,237
Machinery, equipment and vehicles, net	-	859	918	869	1,010	1,016	966	954	992	990	1,119	2,699	2,453
Tools, furniture and fixtures	-	4,950	5,250	5,350	5,441	5,365	5,381	5,417	5,576	5,618	5,728	5,680	5,658
Accumulated depreciation	-	-4,700	-4,981	-5,104	-5,269	-5,226	-5,205	-5,247	-5,358	-5,429	-5,514	-5,518	-5,491
Tools, furniture and fixtures, net	-	250	269	245	173	139	175	170	218	189	214	162	167
Land	-	7,315	7,273	7,391	7,391	7,396	7,396	7,445	7,445	7,445	7,496	7,519	8,606
Tools, furniture and fixtures	-	4,950	5,250	5,350	5,441	5,365	5,381	5,417	5,576	5,618	5,728	5,680	5,658
Accumulated depreciation	-	-4,700	-4,981	-5,104	-5,269	-5,226	-5,205	-5,247	-5,358	-5,429	-5,514	-5,518	-5,491
Tools, furniture and fixtures, net	-	250	269	245	173	139	175	170	218	189	214	162	167
Leased assets	-	331	362	369	396	388	325	432	321	347	377	369	357
Accumulated depreciation	-	-64	-132	-202	-268	-326	-266	-236	-144	-188	-245	-266	-257
Leased assets, net	-	267	230	167	128	62	59	196	177	159	132	103	100
Land	-	7,315	7,273	7,391	7,391	7,396	7,396	7,445	7,445	7,445	7,496	7,519	8,606
Construction in progress	-	18	5	109	15	15	-	36	10	832	1,467	449	293
Leased assets	-	331	362	369	396	388	325	432	321	347	377	369	357
Accumulated depreciation	-	-64	-132	-202	-268	-326	-266	-236	-144	-188	-245	-266	-257
Leased assets, net	-	267	230	167	128	62	59	196	177	159	132	103	100
Property, plant and equipment	-	13,571	13,369	13,263	13,161	12,944	12,858	12,870	12,796	13,440	14,863	16,683	17,780
Construction in progress	-	18	5	109	15	15	-	36	10	832	1,467	449	293
Property, plant and equipment	-	13,571	13,369	13,263	13,161	12,944	12,858	12,870	12,796	13,440	14,863	16,683	17,780
Software	-	156	330	315	234	138	124	198	354	321	313	246	154
Software	-	156	330	315	234	138	124	198	354	321	313	246	154
Leased assets	-	58	48	30	15	5	0	28	22	16	18	10	4
Leased assets	-	58	48	30	15	5	0	28	22	16	18	10	4
Other	-	211	146	119	119	119	129	169	119	154	123	119	147
Intangible assets	-	425	524	465	367	262	253	394	495	491	454	375	305
Intangible assets	-	425	524	465	367	262	253	394	495	491	454	375	305
Investment securities	-	1,424	1,953	1,989	2,390	2,151	2,309	1,646	2,309	1,951	2,193	2,874	3,341
Deferred tax assets	-	-	-	-	-	-	-	-	1,178	1,188	1,088	1,111	806
Retirement benefit asset	-	-	-	17	461	315	361	345	356	358	489	390	559
Other	-	1,142	1,085	1,187	1,243	1,247	1,271	1,276	1,182	1,199	1,256	1,301	1,345
Deferred tax assets	-	-	-	-	-	-	-	-	1,178	1,188	1,088	1,111	806
Allowance for doubtful accounts	-	-67	-59	-116	-182	-193	-202	-195	-118	-117	-117	-114	-104
Investments and other assets	-	3,618	3,755	3,952	4,455	4,195	4,254	4,222	4,907	4,580	4,908	5,562	5,946
Other	-	1,142	1,085	1,187	1,243	1,247	1,271	1,276	1,182	1,199	1,256	1,301	1,345
Allowance for doubtful accounts	-	-67	-59	-116	-182	-193	-202	-195	-118	-117	-117	-114	-104
Investments and other assets	-	3,618	3,755	3,952	4,455	4,195	4,254	4,222	4,907	4,580	4,908	5,562	5,946
Non-current assets	-	17,614	17,648	17,680	17,983	17,401	17,364	17,486	18,198	18,511	20,225	22,620	24,032
Assets	-	44,064	45,560	46,985	48,282	49,165	51,448	53,064	56,382	57,779	60,688	62,587	63,142
Notes and accounts payable - trade	-	6,389	6,824	6,855	6,743	6,388	6,453	6,738	6,744	5,942	3,742	3,698	2,471
Electronically recorded obligations - operating	-	-	-	-	-	-	-	-	-	-	3,151	3,344	3,385
Lease liabilities	-	86	90	87	79	43	22	59	61	65	70	62	38
Lease liabilities	-	86	90	87	79	43	22	59	61	65	70	62	38
Accounts payable - other	-	1,132	1,184	1,265	1,346	1,440	1,320	1,007	1,339	1,240	1,106	1,323	1,319
Accounts payable - other	-	1,132	1,184	1,265	1,346	1,440	1,320	1,007	1,339	1,240	1,106	1,323	1,319
Income taxes payable	-	413	499	690	667	700	909	860	1,109	855	876	538	941
Provision for bonuses	-	176	186	206	202	210	219	222	221	216	221	226	227
Income taxes payable	-	413	499	690	667	700	909	860	1,109	855	876	538	941
Provision for bonuses for directors (and other officers)	-	62	54	59	65	71	77	69	67	61	64	59	63
Provision for product warranties	-	3	22	50	44	12	13	12	26	14	23	11	19
Provision for loss on construction contracts	-	-	-	-	41	3	-	3	-	-	-	-	23
Other	-	844	897	1,076	918	1,095	1,024	798	1,103	1,469	1,735	1,709	1,477
Provision for bonuses	-	176	186	206	202	210	219	222	221	216	221	226	227
Current liabilities	-	9,106	9,758	10,288	10,106	9,964	10,037	9,768	10,671	9,862	10,988	10,969	9,963
Provision for bonuses for directors (and other officers)	-	62	54	59	65	71	77	69	67	61	64	59	63
Other	-	844	897	1,076	918	1,095	1,024	798	1,103	1,469	1,735	1,709	1,477
Current liabilities	-	9,106	9,758	10,288	10,106	9,964	10,037	9,768	10,671	9,862	10,988	10,969	9,963
Lease liabilities	-	254	200	120	70	26	42	185	156	127	95	64	77
Provision for retirement benefits	-	3,253	2,917	-	-	-	-	-	-	-	-	-	-
Provision for retirement benefits for directors (and other officers)	-	288	306	341	311	336	358	375	391	360	374	405	428
Provision for retirement benefits for directors (and other officers)	-	288	306	341	311	336	358	375	391	360	374	405	428
Retirement benefit liability	-	-	-	2,815	2,666	3,266	2,980	3,126	2,953	2,984	2,044	2,502	2,217
Other	-	14	14	14	23	26	14	14	14	14	14	14	14
Non-current liabilities	-	3,812	3,438	3,645	3,463	3,675	3,410	3,717	3,514	3,485	2,526	2,985	2,736
Liabilities	-	12,918	13,196	13,933	13,569	13,639	13,447	13,485	14,185	13,347	13,514	13,955	12,699
Share capital	-	4,475	4,475	4,475	4,475	4,475	4,475	4,475	4,475	4,475	4,475	4,475	4,475
Capital surplus	-	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,581
Capital surplus	-	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,395	4,581
Retained earnings	-	18,850	19,639	20,380	21,661	23,111	25,100	27,128	29,346	31,701	34,005	35,942	38,020
Retained earnings	-	18,850	19,639	20,380	21,661	23,111	25,100	27,128	29,346	31,701	34,005	35,942	38,020
Treasury shares	-	-666	-667	-667	-668	-668	-670	-670	-671	-672	-673	-986	-1,805
Shareholders' equity	-	27,054	27,843	28,583	29,863	31,312	33,300	35,328	37,545	39,899	42,202	43,825	45,270
Valuation difference on available-for-sale securities	-	-1	319	326	595	522	658	240	346	162	321	364	678
Valuation and translation adjustments	-	-3	374	301	608	-46	395	-45	232	64	346	46	749
Deferred gains or losses on hedges	-	2	4	1	-0	6	3	-1	0	-1	1	-10	-2
Foreign currency translation adjustment	-	-5	51	73	60	41	49	34	25	28	58	73	85
Remeasurements of defined benefit plans	-	-	-	-98	-47	-615	-314	-318	-139	-124	-34	-381	-12
Valuation and translation adjustments	-	-3	374	301	608	-46	395	-45	232	64	346	46	749
Net assets	30,447	31,146	32,364	33,053	34,713	35,526	38,001	39,579	42,197	44,432	47,173	48,632	50,443
Non-controlling interests	-	-	-	-	4,242	4,260	4,305	4,296	4,421	4,469	4,625	4,761	4,423
Net assets	30,447	31,146	32,364	33,053	34,713	35,526	38,001	39,579	42,197	44,432	47,173	48,632	50,443
Liabilities and net assets	-	44,064	45,560	46,985	48,282	49,165	51,448	53,064	56,382	57,779	60,688	62,587	63,142