1828
TANABE ENGINEERING CORPORATION
田辺工業株式会社
Industrials · Engineering & Construction
Tanabe Engineering Corporation engages in plant construction and machinery production activities in Japan. The company offers plant engineering services, including planning, design, purchasing, construction, trial operation, and maintenance. It also engages in the design and construction of electric instrumentation and control systems fitting, as well as the integrated construction of machinery and electricity; and provision of automated/work-saving equipment for industrial fields, such as automobile, liquid crystal, pharmaceutical, etc. Further, the company designs and produces thermal machinery/industrial furnaces. The company was incorporated in 1969 and is headquartered in Joetsu, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥50.8B
¥51.8B
¥42.9B
¥42.5B
Cost of Sales
¥42.1B
¥44.5B
¥35.7B
¥35.6B
Gross Profit
¥8.7B
¥7.3B
¥7.2B
¥6.9B
SG&A
¥4.9B
¥4.7B
¥4.5B
¥4.1B
Operating Income
¥3.8B
¥2.7B
¥2.7B
¥2.8B
Non-Operating Income
¥128M
¥106M
¥96M
¥122M
Dividend Income
¥9M
¥8M
¥9M
¥9M
Interest Income
¥3M
¥2M
¥1M
¥1M
Non-Operating Expenses
¥59M
¥57M
¥44M
¥38M
Interest Expense
¥28M
¥12M
¥12M
¥13M
Ordinary Income
¥3.9B
¥2.7B
¥2.8B
¥2.9B
Pre-tax Income
¥3.8B
¥2.6B
¥2.6B
¥2.8B
Income Taxes
¥1.2B
¥722M
¥980M
¥921M
Current Tax
¥1.3B
¥888M
¥1.0B
¥971M
Deferred Tax
¥-32M
¥-166M
¥-34M
¥-50M
Net Income (owners)
¥2.6B
¥1.9B
¥1.7B
¥1.9B
Minority Interest
¥-1M
¥-1M
—
—
Comprehensive Income
¥2.8B
¥2.4B
¥2.0B
¥1.9B
EBITDA
¥4.6B
¥3.4B
¥3.5B
¥3.5B
EPS
¥247.47
¥179.71
¥154.78
¥175.02
Shares Outstanding
10.5M
10.5M
10.7M
10.7M
Shares Issued (total)
10.7M
10.7M
10.7M
10.7M
Treasury Shares
0.2M
0.3M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥46.0B
¥46.2B
¥37.6B
¥35.1B
Current Assets
¥35.0B
¥35.9B
¥27.6B
¥25.3B
Cash & Deposits
¥10.8B
¥3.3B
¥6.2B
¥5.1B
Non-Current Assets
¥11.0B
¥10.3B
¥10.0B
¥9.8B
PP&E
¥9.5B
¥8.8B
¥8.4B
¥8.2B
Intangible Assets
¥184M
¥206M
¥276M
¥372M
Investment Securities
¥331M
¥431M
¥406M
¥423M
Deferred Tax Assets
¥791M
¥774M
¥737M
¥726M
Total Liabilities
¥21.0B
¥23.6B
¥16.6B
¥15.7B
Current Liabilities
¥19.1B
¥22.2B
¥15.1B
¥13.8B
ST Debt
¥400M
¥4.5B
¥1.0B
¥500M
Taxes Payable
¥845M
¥425M
¥559M
¥537M
Non-Current Liabilities
¥1.9B
¥1.4B
¥1.6B
¥1.9B
Total LT Borrowings
¥975M
¥475M
¥300M
¥600M
Pension Obligations
¥770M
¥718M
¥1.1B
¥1.1B
Total Equity
¥25.0B
¥22.6B
¥21.0B
¥19.4B
Capital Stock
¥885M
¥885M
¥885M
¥885M
Capital Surplus
¥1.5B
¥1.5B
¥1.5B
¥1.5B
Retained Earnings
¥22.0B
¥19.9B
¥18.5B
¥17.2B
Treasury Stock
¥-281M
¥-310M
¥-7M
¥-7M
AOCI
¥881M
¥633M
¥139M
¥-158M
Equity (owners)
¥24.1B
¥22.0B
¥20.8B
¥19.5B
Minority Interests
¥7M
¥7M
—
—
Total Interest-Bearing Debt ⓘ
¥1.4B
¥5.0B
¥1.3B
¥1.1B
Net Cash ⓘ
¥9.5B
¥-1.7B
¥4.9B
¥4.0B
NCAV ⓘ
¥14.0B
¥12.3B
¥11.0B
¥9.5B
NCAV/Share
¥1,337
¥1,176
¥1,028
¥892
BV/Share
¥2,297
¥2,101
¥1,946
¥1,825
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥12.9B
¥-4.7B
¥1.8B
¥3.1B
Interest Paid
¥-29M
¥-13M
¥-12M
¥-13M
Interest Received
¥13M
¥10M
¥10M
¥10M
D&A
¥732M
¥728M
¥718M
¥689M
Investing CF
¥-1.3B
¥-1.1B
¥-648M
¥-1.4B
CapEx
¥1.3B
¥1.1B
¥616M
¥1.2B
Purchase Investments
¥-2M
¥-6M
¥-3M
¥-62M
Proceeds from Invest.
¥108M
¥0M
¥0M
¥0M
Financing CF
¥-4.2B
¥2.9B
¥-196M
¥-1.2B
Dividends Paid
¥-524M
¥-434M
¥-346M
¥-321M
Share Buybacks
¥-0M
¥-303M
—
—
LT Debt Repaid
¥-400M
¥-325M
¥-400M
¥-440M
Free Cash Flow
¥11.6B
¥-5.9B
¥1.2B
¥1.8B
Net Change in Cash
¥7.6B
¥-2.9B
¥1.0B
¥599M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.9%
8.7%
8.2%
10.1%
ROA
5.6%
4.5%
4.6%
5.3%
EPS
¥247.47
¥179.71
¥154.78
¥175.02
DPS
¥87.00
¥50.00
¥40.00
¥33.00
BPS
¥2,381.01
¥2,161.55
¥1,959.43
¥1,809.92
FCF/Share
¥1,107
¥-561
¥113
¥172
NCAV/Share
¥1,337
¥1,176
¥1,028
¥892
Payout Ratio
35.2%
27.8%
25.8%
18.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 7
Date Activist Stake Event Flag Demands Source
2024-07-18
TANABE ENGINEERING COROPORATION Customers,Stockholding Chairman Masao Horie
9.24%
change
Passive
—
2024-03-29
Yoshie Tanabe
10.88%
-0.07%
change
Passive
—
2024-03-29
Yoshie Tanabe
10.95%
correction
Passive
—
2024-03-29
Yoshie Tanabe
10.86%
-0.09%
correction
Passive
—
2023-09-07
Yoshie Tanabe
10.86%
-0.09%
correction
Passive
—
2023-08-22
Yoshie Tanabe
10.95%
change
Passive
—
2023-08-07
Yoshie Tanabe
10.95%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 5
#
Shareholder
Shares (thou.)
% of Total
1
Business Partner Stock Ownership Plan
田辺工業取引先持株会
996
9.49%
2
有限会社ケイアンドアイ
860
8.19%
3
Daishi Hokuetsu Bank,Ltd.
株式会社第四北越銀行
500
4.76%
4
Employee Stock Ownership Plan
田辺工業従業員持株会
324
3.08%
5
四月朔日義雄
320
3.05%
6
清原達郎
305
2.90%
7
田辺よし江
301
2.86%
8
田辺商事株式会社
244
2.32%
9
出頭久美子
221
2.11%
10
TNB
合同会社TNB
220
2.09%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
40.9%
+0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Business Partner Stock Ownership Plan
田辺工業取引先持株会
8.73%
9.22%
9.49%
+0.27%
限会社ケイアンドアイ
8.03%
8.21%
8.19%
-0.02%
Daishi Hokuetsu Bank,Ltd.
式会社第四北越銀行
4.67%
4.77%
4.76%
-0.01%
Employee Stock Ownership Plan
田辺工業従業員持株会
↑
2.66%
2.72%
3.08%
+0.36%
四月朔日義雄
2.99%
3.06%
3.05%
-0.01%
清原達郎
—
2.91%
2.90%
-0.01%
田辺よし江
2.84%
2.89%
2.86%
-0.03%
田辺商事
2.28%
2.33%
2.32%
-0.01%
出頭久美子
2.06%
2.11%
2.11%
TNB
同会社TNB
2.05%
2.10%
2.09%
-0.01%
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)
last seen 2023
Exited Top 10
2.85%
—
—
Concentration (HHI)
ⓘ
208
223
229
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥194M
+42% since 2023
Holdings
5
+1 new
1 exited
Trend
2 building
vs 2023
Held Company
FY2025
¥194M total
FY2023
¥137M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Daishi Hokuetsu Financial Group,Inc.
㈱第四北越フィナンシャルグループ (注)2
91
NEW
New
28,800
—
M
Denka Company Limited
デンカ㈱
43
20,000
55
20,000
M
Resonac Holdings Corporation
㈱レゾナック・ホールディングス
29
+8.4%
↑
9,897
20
9,126
Tohoku Electric Power Company,Incorporated
東北電力㈱
22
20,824
14
20,824
KANEKA CORPORATION
㈱カネカ
9
+20.5%
↑
2,472
7
2,051
Daishi Hokuetsu Financial Group,Inc.
㈱第四北越フィナンシャルグループ
—
−100%
Exit
—
42
14,400
M
Portfolio total
194
137
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding