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Akasaka Diesels (TSE:6022) 3-Year ROIIC % : 12.08% (As of Mar. 2024)


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What is Akasaka Diesels 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Akasaka Diesels's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 12.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Akasaka Diesels's 3-Year ROIIC % or its related term are showing as below:

TSE:6022's 3-Year ROIIC % is ranked better than
62.71% of 295 companies
in the Aerospace & Defense industry
Industry Median: 4.94 vs TSE:6022: 12.08

Akasaka Diesels 3-Year ROIIC % Historical Data

The historical data trend for Akasaka Diesels's 3-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.

* Premium members only.

Akasaka Diesels 3-Year ROIIC % Chart

Akasaka Diesels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -163.01 122.95 25.13 6.41 12.08

Akasaka Diesels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
3-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 - - - 12.08 -

Competitive Comparison of Akasaka Diesels's 3-Year ROIIC %

For the Aerospace & Defense subindustry, Akasaka Diesels's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Akasaka Diesels's 3-Year ROIIC % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Akasaka Diesels's 3-Year ROIIC % falls into.



Akasaka Diesels 3-Year ROIIC % Calculation

Akasaka Diesels's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -9.7644875 (Mar. 2024) - -377.477408 (Mar. 2021) )/( 10615.44 (Mar. 2024) - 7571.089 (Mar. 2021) )
=367.7129205/3044.351
=12.08%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Akasaka Diesels  (TSE:6022) 3-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.


Akasaka Diesels 3-Year ROIIC % Related Terms

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Akasaka Diesels Business Description

Traded in Other Exchanges
N/A
Address
Yurakucho 1 - chome, Yurakucho Electric Building, 14th Floor, South Building, Chiyoda-ku, Tokyo, JPN, 100-0006
Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, forged steel products, movable property, and real estate.

Akasaka Diesels Headlines

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