TS TECH is an automotive interior products maker handling development through production of auto and motorcycle seats and interior products, with a global supply chain based in 13 countries around the world. Leveraging the advanced and innovative technologies we have built up over the years in the areas of safety, the environment, and attractive products, we aim to remain a company sincerely appreciated by all by providing interior spaces that make drivers and passengers comfortable through our full range of interior products.
Establish |
5-Dec-60 |
|---|---|
Head Office |
3-7-27 Sakaecho, Asaka-shi Saitama 351-0012 Japan |
President (Representative Director) |
Masanari Yasuda |
Common Stock |
4,700 Million Yen |
Number of Employees |
14,719 (consolidated), 1,660 (non-consolidated) |
Closing of Accounts |
31-Mar |
Shareholder Name |
Number of Shares Held (in thousands) |
Shareholding Ratio (%) |
|---|---|---|
Honda Motor Co., Ltd. |
30,720 |
24.0 |
The Master Trust Bank of Japan, Ltd. (Trust account) |
13,847 |
10.8 |
Custody Bank of Japan, Ltd. (Trust account) |
4,915 |
3.8 |
SMBC Trust Bank Ltd.
(Sumitomo Mitsui Banking Corporation Pension Trust Account) |
4,398 |
3.4 |
Sumitomo Life Insurance Company
(Standing proxy: Custody Bank of Japan, Ltd.) |
3,880 |
3.0 |
Okamoto Industries, Inc. |
2,752 |
2.2 |
Mitsubishi UFJ Trust and Banking Corporation
(Standing proxy: The Master Trust Bank of Japan, Ltd.) |
2,720 |
2.1 |
MUFG Bank, Ltd. |
2,638 |
2.1 |
Nippon Life Insurance Company
(Standing proxy: The Master Trust Bank of Japan, Ltd.) |
2,580 |
2.0 |
Mitsui Sumitomo Insurance Company, Limited |
2,451 |
1.9 |
Note:
1. The number of shares is displayed rounded down to the nearest thousand.
2. Our company holds 8,243,044 treasury shares, which are excluded from the above major shareholders. Additionally, the percentage of shares held is calculated after deducting treasury shares.
Key Indicators |
2022.3 |
2023.3 |
2024.3 |
|---|---|---|---|
Revenue |
349,958 |
409,200 |
441,713 |
Operating income |
22,998 |
15,257 |
17,507 |
Operating margin (%) |
6.6 |
3.7 |
4.0 |
Income attributable to owners of parent |
12,416 |
5,343 |
10,214 |
Basic earnings per share (yen) |
92.56 |
41.35 |
80.09 |
Return on equity attributable to owners of parent (ROE) (%) |
4.3 |
1.8 |
3.3 |
Cash flows from operating activities |
20,018 |
30,445 |
37,659 |
Cash flows from investing activities |
-17,196 |
-20,970 |
-8,669 |
Cash flows from financing activities |
-23,638 |
-18,860 |
-17,818 |
Capital expenditures |
14,466 |
14,606 |
13,564 |
Depreciation |
9,204 |
10,005 |
11,062 |
R&D expenses |
11,930 |
14,344 |
15,524 |
Total assets |
415,985 |
416,226 |
446,214 |
Total equity |
325,583 |
323,458 |
348,703 |
Ratio of equity attributable to owners of parent to total assets (%) |
71.4 |
71.8 |
73.3 |
Return on assets (ROA) (%) |
6.4 |
4.5 |
5.0 |
Equity attributable to owners of parent per share (yen) |
2,234.73 |
2,343.38 |
2,563.58 |
Cash dividends per share (yen) |
54.00 |
63.00 |
73.00 |
Price book-value ratio (times) |
0.6 |
0.7 |
0.8 |
Price earnings ratio (times) |
14.9 |
40.6 |
25.1 |
Consolidated dividends payout ratio (%) |
58.3 |
152.4 |
91.1 |
Dividend on equity ratio (%) |
2.5 |
2.8 |
3.0 |
Note:
Our consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS).
Management benchmark |
FY2024 Result |
FY2025 Forecast |
|---|---|---|
Revenue |
441.7 Billion |
450.0 Billion |
Operating income |
17.5 Billion |
20.0 Billion |
| Index | FY2024 Result |
FY2025 Forecast |
|---|---|---|
Capital expenditures
| 13.5 Billion |
26.0 Billion |
R&D expenses
| 15.5 Billion |
16.0 Billion |
Cash dividends per share
| 73 Yen |
83 Yen |
Consolidated dividends payout ratio
| 91.1% |
88.2% |
