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Noritsu Koki Co (TSE:7744) 3-Year ROIIC % : -2.86% (As of Dec. 2022)


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What is Noritsu Koki Co 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. Noritsu Koki Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was -2.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:7744's 3-Year ROIIC % is ranked worse than
58.51% of 2415 companies
in the Hardware industry
Industry Median: 2.38 vs TSE:7744: -2.86

Noritsu Koki Co 3-Year ROIIC % Historical Data

The historical data trend for Noritsu Koki Co'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.

Noritsu Koki Co 3-Year ROIIC % Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.90 7.45 35.18 -3.99 -2.86

Noritsu Koki Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - - - - -

Competitive Comparison of Noritsu Koki Co's 3-Year ROIIC %

For the Consumer Electronics subindustry, Noritsu Koki Co'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.


Noritsu Koki Co's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's 3-Year ROIIC % falls into.



Noritsu Koki Co 3-Year ROIIC % Calculation

Noritsu Koki Co's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 1330.5266 (Dec. 2022) - 4056.18 (Mar. 2019) )/( 204207 (Dec. 2022) - 108990 (Mar. 2019) )
=-2725.6534/95217
=-2.86%***

* 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.


Noritsu Koki Co  (TSE:7744) 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.


Noritsu Koki Co 3-Year ROIIC % Related Terms

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Noritsu Koki Co Business Description

Traded in Other Exchanges
N/A
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co Headlines

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