TOKYO ELECTRON DEVICE LIMITED

2760 東京エレクトロンデバイス株式会社

Wholesale Trade · Prime · TSE: Disclosed

PRICE: ¥3,905 · MKT CAP: ¥122.4B · P/E: 14.7x · P/B: 2.18x · DIV YIELD: 3.0%

PRICE — 5Y

Characteristics & Business Summary

Tokyo Electron Device Limited, a technology trading company, engages in the electronic components and computer networks businesses worldwide. It designs, develops, and distributes semiconductor products, boards, software, and other electronic components. The...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	143,268	179,907	240,350	242,888	216,379	203,748	106,000
Operating Profit	4,620	8,131	14,227	15,428	12,457	10,253	—
Ordinary Profit	4,625	7,318	12,478	13,922	11,415	9,750	—
Net Profit	3,143	5,085	8,778	9,986	8,874	7,842	2,800
EPS	¥301	¥487	¥840	¥319	¥283	¥250	—
DPS	¥125	¥205	¥355	¥86	¥119	¥35	—

Balance Sheet & Valuation Highlights

Total Assets ¥162B

Net Assets (Equity) ¥54B

Equity Ratio 32.6%

ROE (Return on Equity) 15.8%

Cash & Equivalents ¥8B

Interest-Bearing Debt ¥26B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. —

Major Shareholders

1. 東京エレクトロン㈱ 33.8%
2. The Master Trust Bank of Japan, Ltd. (Trust Account) 7.8%
3. 東京エレクトロンデバイス社員持株会 5.3%
4. Nomura Trust and Banking Co., Ltd. 2.7%
5. Custody Bank of Japan, Ltd. (Trust Account) 1.6%
6. The Master Trust Bank of Japan, Ltd. (Trust Account) 1.2%
7. The Master Trust Bank of Japan, Ltd. (Trust Account) 1.1%
8. The Master Trust Bank of Japan, Ltd. (Trust Account) 1.0%
9. Mizuho Bank, Ltd. 0.6%
10. Mizuho Bank, Ltd. 0.5%

Activist Activity

No large shareholder activist campaigns detected.

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥13,716	¥17,224	¥23,011	¥7,751	¥6,905	¥6,502	—
FCF/Share	¥-365	¥-119	¥-1,183	¥-0	¥554	¥492	—
EPS	¥301	¥487	¥840	¥319	¥283	¥250	—
DPS	¥125	¥205	¥355	¥86	¥119	¥35	—
Capital Spending per share	¥33	¥33	¥17	¥10	¥50	¥9	—
Book Value per share	¥2,747	¥2,916	¥3,525	¥1,368	¥1,449	¥1,583	—
Common Shares Outstanding	10M	10M	10M	31M	31M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥143B	¥180B	¥240B	¥243B	¥216B	¥204B	¥106B
Operating Margin (%)	3.2%	4.5%	5.9%	6.4%	5.8%	5.0%	—
Net Profit (owners)	¥3B	¥5B	¥9B	¥10B	¥9B	¥8B	¥3B
Net Profit Margin (%)	2.2%	2.8%	3.7%	4.1%	4.1%	3.8%	2.6%
Working Capital	¥22B	¥23B	¥30B	¥35B	¥36B	¥42B	—
Total Debt (Interest-bearing)	¥25B	¥29B	¥46B	¥47B	¥36B	¥26B	—
Net Worth (Common Equity)	¥29B	¥30B	¥37B	¥43B	¥45B	¥50B	—
Return on Total Assets (ROA)	3.5%	4.7%	6.1%	6.1%	5.7%	4.8%	—
Return on Common Equity (ROE)	11.0%	16.7%	23.8%	23.3%	19.5%	15.8%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.