6986
FUTABA CORPORATION
双葉電子工業株式会社
Electric Appliances
Futaba Corporation, together with its subsidiaries, designs, develops, manufactures, and sells electronic equipment, radio control, and manufacturing equipment in Japan, the United States, Europe, rest of Asia, and internationally. It operates through Electronic Systems; and Machinery and Tooling segments. The Electronic Systems segment comprises composite modules, radio control equipment for industrial and hobby, robotics products for drones and servos, organic light-emitting diode, touch panels, and VFDs, as well as industrial servos and transmitters. Its Machinery and Tooling segment consists of press die set components, mold base components, and precision plates, as well as equipment for automation and streamlining molding works. Futaba Corporation was incorporated in 1948 and is headquartered in Mobara, Japan.
Read more
← Companies
⚠ TSE Capital Mandate
P / Book
0.36×
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
¥48.1B
¥56.4B
¥60.3B
¥53.5B
Cost of Sales
¥39.2B
¥47.6B
¥51.7B
¥44.5B
Gross Profit
¥8.9B
¥8.8B
¥8.6B
¥8.9B
SG&A
¥10.2B
¥9.9B
¥11.0B
¥10.8B
Operating Income
¥-1.3B
¥-1.1B
¥-2.4B
¥-1.9B
Non-Operating Income
¥1.3B
¥2.0B
¥1.4B
¥1.3B
Dividend Income
¥335M
¥314M
¥276M
¥227M
Interest Income
¥570M
¥486M
¥325M
¥168M
Non-Operating Expenses
¥244M
¥241M
¥140M
¥106M
Interest Expense
¥74M
¥77M
¥36M
¥26M
Ordinary Income
¥-206M
¥570M
¥-1.1B
¥-654M
Pre-tax Income
¥818M
¥-1.3B
¥-2.5B
¥-1.4B
Income Taxes
¥562M
¥499M
¥779M
¥987M
Current Tax
¥637M
¥388M
¥377M
¥649M
Deferred Tax
¥280M
¥110M
¥402M
¥338M
Net Income (owners)
¥-281M
¥-1.9B
¥-3.5B
¥-2.7B
Minority Interest
¥537M
¥61M
¥196M
¥301M
Comprehensive Income
¥-1.3B
¥6.0B
¥-473M
¥662M
EBITDA
¥-226M
¥129M
¥-1.1B
¥-660M
Goodwill Amort. (J-GAAP)
—
¥13M
¥32M
¥37M
EPS
¥-6.63
¥-43.71
¥-82.51
¥-62.92
Shares Outstanding
42.4M
42.4M
42.4M
42.4M
Shares Issued (total)
42.4M
42.4M
42.4M
42.4M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥101.1B
¥104.3B
¥98.1B
¥100.4B
Current Assets
¥59.0B
¥62.1B
¥62.1B
¥68.2B
Cash & Deposits
¥31.3B
¥27.1B
¥24.1B
¥33.6B
Trade Receivables
—
—
—
¥14.6B
Non-Current Assets
¥42.1B
¥42.1B
¥36.0B
¥32.3B
PP&E
¥16.7B
¥18.4B
¥18.3B
¥17.9B
Goodwill
—
—
¥13M
¥45M
Intangible Assets
¥645M
¥659M
¥675M
¥688M
Investment Securities
¥13.3B
¥12.8B
¥9.8B
¥7.9B
Deferred Tax Assets
¥232M
¥421M
¥358M
¥442M
Total Liabilities
¥12.8B
¥13.7B
¥12.9B
¥13.6B
Current Liabilities
¥6.5B
¥8.2B
¥9.1B
¥10.2B
Accounts Payable
¥1.9B
¥2.3B
¥3.5B
¥3.7B
ST Debt
¥94M
¥132M
¥328M
¥436M
Taxes Payable
¥182M
¥244M
¥129M
¥368M
Non-Current Liabilities
¥6.2B
¥5.5B
¥3.8B
¥3.5B
Pension Obligations
¥179M
¥372M
¥378M
¥525M
Deferred Tax Liab.
¥5.5B
¥4.6B
¥2.7B
¥2.3B
Total Equity
¥88.3B
¥90.5B
¥85.2B
¥86.8B
Capital Stock
¥22.6B
¥22.6B
¥22.6B
¥22.6B
Capital Surplus
¥21.0B
¥21.0B
¥21.6B
¥21.6B
Retained Earnings
¥21.8B
¥22.3B
¥24.2B
¥28.6B
Treasury Stock
¥-17M
¥-16M
¥-16M
¥-16M
AOCI
¥11.8B
¥12.3B
¥5.5B
¥3.0B
Equity (owners)
¥65.4B
¥65.9B
¥68.3B
¥72.7B
Minority Interests
¥11.1B
¥12.3B
¥11.4B
¥11.2B
Total Interest-Bearing Debt ⓘ
¥94M
¥132M
¥328M
¥436M
Net Cash ⓘ
¥31.2B
¥26.9B
¥23.7B
¥33.2B
NCAV ⓘ
¥46.2B
¥48.4B
¥49.2B
¥54.5B
NCAV/Share
¥1,089
¥1,141
¥1,160
¥1,285
BV/Share
¥1,542
¥1,554
¥1,609
¥1,713
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥4.6B
¥1.5B
¥-5.8B
¥-6.1B
Interest Paid
¥-74M
¥-80M
¥-43M
¥-21M
Interest Received
¥812M
¥758M
¥580M
¥395M
D&A
¥1.1B
¥1.3B
¥1.2B
¥1.2B
Goodwill Amort.
—
¥13M
¥32M
¥37M
Investing CF
¥-1.4B
¥4.2B
¥1.1B
¥1.3B
CapEx
¥1.1B
¥1.2B
¥2.4B
¥3.2B
Purchase Investments
¥-594M
¥-421M
¥-345M
¥-200M
Financing CF
¥-1.2B
¥-1.1B
¥-1.5B
¥-1.6B
Dividends Paid
¥-213M
¥-510M
¥-893M
¥-1.2B
Share Buybacks
¥0M
¥0M
¥0M
¥0M
Free Cash Flow
¥3.5B
¥311M
¥-8.3B
¥-9.3B
Net Change in Cash
¥2.3B
¥5.8B
¥-5.1B
¥-5.1B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-0.4%
-2.4%
-4.7%
-3.5%
ROA
-0.3%
-1.8%
-3.5%
-2.7%
EPS
¥-6.63
¥-43.71
¥-82.51
¥-62.92
DPS
¥10.00
¥10.00
¥14.00
¥28.00
BPS
¥1,819.33
¥1,843.89
¥1,739.57
¥1,782.55
FCF/Share
¥83
¥7
¥-195
¥-219
NCAV/Share
¥1,089
¥1,141
¥1,160
¥1,285
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 3
Date Activist Stake Event Flag Demands Source
2026-03-25
The Futaba Foundation
7.67%
change
Passive
—
2024-11-20
Brandes Investment Partners, L.P.
8.8%
+1.12%
change
Passive
—
2024-06-05
Brandes Investment Partners, L.P.
7.68%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-12
15:00
Div Increase
¥763M ¥18.0/sh
+80%
Futaba Electronic announced an 80% year-over-year dividend increase, raising the per-share dividend from 10 yen to 18 ye…
Summary
Futaba Electronic announced an 80% year-over-year dividend increase, raising the per-share dividend from 10 yen to 18 yen for the fiscal year ending March 31, 2026, with a total payout of 763 million yen. The increase aligns with the company's medium-term management plan targeting a dividend payout ratio of 30% or above and long-term ROE of 8% with PBR of 1.0 or higher. The dividend will become effective on June 29, 2026, following shareholder approval at the 83rd Annual General Meeting scheduled for June 26, 2026.
Deadline: 2026-06-29
YoY: +80%
Source (JP)
期末配当予想の1株当たり10円から8円増配し、18円といたしました。2024年度から2026年度を対象期間とする「中期経営計画」では、配当性向30%以上の株主還元を見据え、ROE8%、PBR1倍以上を長期目標としています。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 12
#
Shareholder
Shares (thou.)
% of Total
1
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社
4,860
11.45%
2
公益財団法人双葉電子記念財団
3,255
7.67%
3
川崎 まり
1,866
4.39%
4
The Chiba Bank, Ltd.
株式会社千葉銀行
1,857
4.38%
5
NORTHERN TRUST CO.(AVFC) RE USL NON-TREATY CLIENTS ACCOUNT CEO MICHAEL O'GRADY
NORTHERN TRUST CO.(AVFC) RE USL NON-TREATY CLIENTS ACCOUNT CEO MICHAEL O'GRADY (常任代理人 香港上海銀行東京支店)
1,852
4.36%
6
Japan Custody Bank
株式会社日本カストディ銀行
1,456
3.43%
7
細矢 晴江
1,113
2.62%
8
桜田 恵美子
1,069
2.52%
9
NORTHERN TRUST CO.(AVFC) RE US 10PCT CLIENTS LENDING
NORTHERN TRUST CO.(AVFC) RE US 10PCT CLIENTS LENDING (常任代理人 香港上海銀行東京支店)
1,006
2.37%
10
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505103 (常任代理人 株式会社みずほ銀行決済営業部)
995
2.34%
Domestic Nominees
14.9%
+1.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
9.1%
+4.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
21.6%
-2.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
10.61%
10.63%
11.45%
+0.82%
公益財団法人双葉電子記念財団
7.67%
7.67%
7.67%
Northern Trust
4.16%
5.07%
6.73%
+1.66%
川崎 まり
4.39%
4.39%
4.39%
The Chiba Bank, Ltd.
式会社千葉銀行
4.37%
4.38%
4.38%
Japan Custody Bank
日本カストディ銀行
3.36%
3.21%
3.43%
+0.22%
細矢 晴江
2.67%
2.62%
2.62%
桜田 恵美子
2.52%
2.52%
2.52%
State Street
NEW ENTRY
—
—
—
2.34%
NEW
早野興産
last seen 2024
Exited Top 10
2.13%
2.13%
—
BNP PARIBAS LUXEMBOURG/2S/JASDEC/JANUS HENDERSON HORIZON FUND
last seen 2023
Exited Top 10
1.46%
—
—
Concentration (HHI)
ⓘ
259
264
304
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥11,004M
+41% since 2023
Holdings
12
+1 new
3 exited
Trend
Stable
vs 2023
Held Company
FY2025
¥11,004M total
FY2023
¥7,828M total
Book Val ¥M
Shares
Book Val ¥M
Shares
The Chiba Bank, Ltd.
株式会社千葉銀行
4,968
3,551,443
3,036
3,551,443
M
sanko gosei ltd.
三光合成株式会社
2,975
4,508,500
2,736
4,508,500
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
2,165
1,077,000
913
1,077,000
Kobe Steel, Ltd.
株式会社神戸製鋼所
591
342,000
360
342,000
M
Miraial Co.,Ltd
ミライアル株式会社
127
101,300
165
101,300
M
K&O Energy Group Inc.
K&Oエナジーグループ株式会社
60
20,328
42
20,328
M
Shinsho Corporation
神鋼商事株式会社
57
10,000
58
10,000
M
Ryoyo Ryosan Holdings, Inc.
リョーサン菱洋ホールディングス株式会社
21
NEW
New
8,968
—
Kuroda Precision Industries Co., Ltd.
黒田精工株式会社
19
20,000
31
20,000
M
RiTdisplay Corporation
15
97,556
17
97,556
ENOMOTO CO.,LTD
株式会社エノモト
6
4,600
8
4,600
M
SHIBAURA MACHINE CO., LTD.
芝浦機械株式会社
—
—
Glosel Co., Ltd.
株式会社グローセル
—
−100%
Exit
—
401
954,000
M
Murata Manufacturing Co.
株式会社村田製作所
—
−100%
Exit
—
39
4,941
Ryosan Co., Ltd.
株式会社リョーサン
—
−100%
Exit
—
22
6,794
M
Portfolio total
11,004
7,828
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding