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Hikari Tsushin (Hikari Tsushin) Market Cap : $7,111 Mil (As of May. 02, 2024)


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What is Hikari Tsushin Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Hikari Tsushin's share price for the quarter that ended in Dec. 2023 was $152.15. Hikari Tsushin's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 44 Mil. Therefore, Hikari Tsushin's market cap for the quarter that ended in Dec. 2023 was $6,726 Mil.

Hikari Tsushin's quarterly market cap declined from Jun. 2023 ($6,847 Mil) to Sep. 2023 ($6,696 Mil) but then increased from Sep. 2023 ($6,696 Mil) to Dec. 2023 ($6,726 Mil).

Hikari Tsushin's annual market cap declined from Mar. 2021 ($8,892 Mil) to Mar. 2022 ($5,217 Mil) but then increased from Mar. 2022 ($5,217 Mil) to Mar. 2023 ($6,580 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Hikari Tsushin's Enterprise Value for Today is $9,150 Mil.


Hikari Tsushin Market Cap Historical Data

The historical data trend for Hikari Tsushin's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hikari Tsushin Market Cap Chart

Hikari Tsushin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11,562.77 8,892.14 5,217.11 6,580.04

Hikari Tsushin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,007.03 6,580.04 6,846.78 6,695.78 6,726.20

Competitive Comparison of Hikari Tsushin's Market Cap

For the Conglomerates subindustry, Hikari Tsushin's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hikari Tsushin's Market Cap Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Market Cap distribution charts can be found below:

* The bar in red indicates where Hikari Tsushin's Market Cap falls into.



Hikari Tsushin Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Hikari Tsushin's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=$147.19*44.7044
=$6,580

Hikari Tsushin's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$152.15*44.2077
=$6,726

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hikari Tsushin  (GREY:HKTGF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Hikari Tsushin Market Cap Related Terms

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Hikari Tsushin (Hikari Tsushin) Business Description

Traded in Other Exchanges
Address
Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

Hikari Tsushin (Hikari Tsushin) Headlines

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