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Yamashin-Filter Corp.
(6240)
Yamashin-Filter Corp. (6240) vs. S&P 500 (SPY)
Yamashin-Filter Corp. Business Overview & Revenue Model
Yamashin-Filter Corp. Financial Statement Overview
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 19.66B | 18.02B | 18.61B | 18.82B | 14.59B | 12.67B | Gross Profit |
| 8.69B | 7.56B | 7.31B | 7.60B | 5.80B | 5.52B | EBIT |
| 2.52B | 1.41B | 1.24B | 1.34B | -145.70M | 777.49M | EBITDA |
| 2.91B | 1.93B | 1.73B | 1.23B | 1.69B | 1.23B | Net Income Common Stockholders |
| 1.38B | 786.58M | 645.42M | 47.09M | 750.57M | 608.07M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.60B | 5.07B | 4.11B | 3.75B | 7.23B | 8.51B | Total Assets |
| 26.30B | 25.94B | 25.58B | 26.71B | 28.19B | 21.59B | Total Debt |
| 419.00M | 947.91M | 1.41B | 1.53B | 2.53B | 720.00M | Net Debt |
| -5.18B | -4.12B | -2.71B | -2.22B | -4.70B | -7.79B | Total Liabilities |
| 4.08B | 4.64B | 4.60B | 6.14B | 7.51B | 3.39B | Stockholders Equity |
| 22.22B | 21.30B | 20.98B | 20.57B | 20.68B | 18.20B |
| Cash Flow | Free Cash Flow | ||||
| 0.00 | 2.26B | 1.37B | -2.93B | -4.33B | -1.13B | Operating Cash Flow |
| 0.00 | 2.63B | 2.41B | 289.63M | 87.25M | 2.10B | Investing Cash Flow |
| 0.00 | -541.01M | -1.17B | -2.28B | -4.40B | -3.05B | Financing Cash Flow |
| 0.00 | -1.47B | -718.34M | -1.55B | 3.21B | -269.12M |
Yamashin-Filter Corp. Technical Analysis
Yamashin-Filter Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $4.77T | 18.03 | 9.61% | 1.86% | 10.92% | 4.32% | |
74 Outperform | $609.55B | 30.02 | 6.03% | 1.76% | 5.12% | 43.96% | |
71 Outperform | €73.93B | 10.08 | 5.47% | 2.52% | 6.71% | -37.02% | |
69 Neutral | ¥56.05B | 13.96 | 2.81% | 1.35% | 18.54% | ||
64 Neutral | $4.39B | 12.06 | 5.17% | 249.63% | 4.03% | -11.04% | |
60 Neutral | ¥40.65B | 29.27 | 2.10% | 10.50% | 89.46% | ||
42 Neutral | ¥5.34B | ― | ― | -0.04% | 65.32% |
Yamashin-Filter Corp. Corporate Events
Yamashin-Filter Corp. has decided to maintain its existing subsidiary in China, Yamashin Filter (SIP) Inc., as a sales base instead of dissolving it, which was previously planned. The newly established subsidiary, Yamashin Filter (Shanghai) Co., Ltd., will be dissolved and liquidated due to a more rational approach after reviewing China’s corporate and tax laws. This restructuring is expected to have minimal impact on the company’s financial results for the year ending March 2026.
Yamashin-Filter Corp. reported a strong financial performance for Q3 FY2024, with a 12.3% year-over-year increase in net sales and a 118.5% rise in operating income. The company experienced a decline in demand for new vehicles, yet saw significant sales growth due to increased demand for replacement parts and service components. Despite challenges in the air filter market, Yamashin is focusing on strengthening its nanofiber air filter lineup to enhance its market position and reduce energy costs.
Yamashin-Filter Corp. reported a significant improvement in its financial performance for the nine months ending December 31, 2024, with net sales increasing by 12.3% and a substantial rise in operating and ordinary profits. The company’s comprehensive income also surged by 70%, reflecting strong business recovery and operational efficiency. The company also announced an increase in its year-end dividend forecast, indicating confidence in its continued growth and financial stability.
Yamashin-Filter Corp. has revised its earnings forecast for the fiscal year ending March 2025, reflecting an increase in expected net sales and operating profit. This adjustment is driven by growth in the Construction Machinery Filter segment, where demand for replacement parts has surged, leading to higher sales of high-margin service parts. Despite restructuring costs in overseas subsidiaries, the company’s profit forecast remains stable. Conversely, the Air Filter segment is experiencing a decline due to reduced demand for HVAC system filters.
Yamashin-Filter Corp. reported robust financial results for the nine months ended December 31, 2024, with a significant increase in net sales and profits compared to the previous year. The company’s improved performance reflects its successful strategies and market positioning, as evidenced by a notable rise in net sales by 12.3% and an operating profit surge of 118.5%. This positive financial outcome is expected to enhance stakeholder confidence and strengthen the company’s competitive edge in the filtration product industry.
Yamashin-Filter Corp. has revised its earnings forecast for the fiscal year ending March 2025, reflecting an anticipated increase in net sales and operating profit from the Construction Machinery Filter segment, driven by a rise in demand for service parts despite a projected decline in new vehicle demand. Meanwhile, the Air Filter segment is expected to see a decrease in sales and operating profit due to reduced demand for HVAC system filters. Structural reforms and restructuring costs have also been factored into the forecast, with a minor impact on overall profit.
Yamashin-Filter Corp. has been certified as an A List Company by CDP Climate Change 2024 for the first time, marking a significant achievement in its mid-term plan to enhance climate change initiatives. This certification highlights the company’s commitment to environmental sustainability and positions it favorably within the industry, demonstrating its efforts to fulfill social responsibility and promote sustainable practices.