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Tsubaki Nakashima Co (TSE:6464) 1-Year ROIIC % : 72.56% (As of Jun. 2024)


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What is Tsubaki Nakashima Co 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Tsubaki Nakashima Co's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 72.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tsubaki Nakashima Co's 1-Year ROIIC % or its related term are showing as below:

TSE:6464's 1-Year ROIIC % is ranked better than
84.36% of 2922 companies
in the Industrial Products industry
Industry Median: 1.825 vs TSE:6464: 72.56

Tsubaki Nakashima Co 1-Year ROIIC % Historical Data

The historical data trend for Tsubaki Nakashima Co's 1-Year ROIIC % 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.

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Tsubaki Nakashima Co 1-Year ROIIC % Chart

Tsubaki Nakashima Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.94 373.72 29.21 -53.49 -222.01

Tsubaki Nakashima Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
1-Year ROIIC % 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 -275.65 741.22 -222.01 54.75 72.56

Competitive Comparison of Tsubaki Nakashima Co's 1-Year ROIIC %

For the Tools & Accessories subindustry, Tsubaki Nakashima Co's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Tsubaki Nakashima Co's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsubaki Nakashima Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tsubaki Nakashima Co's 1-Year ROIIC % falls into.



Tsubaki Nakashima Co 1-Year ROIIC % Calculation

Tsubaki Nakashima Co's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 46.3485 (Jun. 2024) - -7890.5456 (Jun. 2023) )/( 149098 (Jun. 2024) - 138159 (Jun. 2023) )
=7936.8941/10939
=72.56%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Tsubaki Nakashima Co  (TSE:6464) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Tsubaki Nakashima Co 1-Year ROIIC % Related Terms

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Tsubaki Nakashima Co Business Description

Traded in Other Exchanges
N/A
Address
19, Shakudo, Katsuragi, JPN, 639-2162
Tsubaki Nakashima Co Ltd is Japanese based steel balls and precision products, manufacturer. The company is engaged in the production and sale of industrial precision balls, rollers, ball screws, large-scale blowers, cages and sheet metal parts. Its products are used for bearing and other applications such as transportation equipment, home appliances, machine tools, robots, drone, automation equipment, ballpoint pen, and cosmetic spray.

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