TS TECH CO., LTD.

7313 テイ・エステック株式会社

Auto Parts · Prime · TSE: Disclosed

PRICE: ¥1,760 · MKT CAP: ¥209.8B · P/E: 24.9x · P/B: 1.54x · DIV YIELD: 4.7%

PRICE — 5Y

Characteristics & Business Summary

TS TECH Co., Ltd. engages in development, manufacture, and sale of seats for automobiles. The company offers interior trims and components for automobiles; motorcycle seats; and motorcycle parts and accessories. It also provides front seats, mid seats, rear...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	346,149	349,958	409,200	441,713	460,514
Operating Profit	26,742	22,998	15,257	17,507	16,428
Ordinary Profit	18,553	21,882	17,002	19,190	11,638
Net Profit	20,741	12,416	5,343	10,214	8,630
EPS	¥310	¥94	¥42	¥80	¥72
DPS	¥90	¥54	¥63	¥73	¥83

Balance Sheet & Valuation Highlights

Total Assets ¥432B

Net Assets (Equity) ¥326B

Equity Ratio 84.7%

ROE (Return on Equity) 2.8%

Cash & Equivalents ¥112B

Interest-Bearing Debt —

Capital Expenditure (CapEx) ¥17B

Depreciation & Amort. ¥14B

Major Shareholders

1. HONDA MOTOR CO., LTD. 21.5%
2. Japan Master Trust Bank 11.3%
3. Japan Custody Bank 4.3%
4. Sumitomo Mitsui Banking Corporation 3.7%
5. Sumitomo Life Insurance 3.2%
6. State Street Bank and Trust Company 2.3%
7. OKAMOTO INDUSTRIES,INC. 2.3%
8. Mitsubishi UFJ Trust and Banking 2.3%
9. MUFG Bank 2.2%
10. Nippon Life Insurance 2.2%

Activist Activity

HONDA MOTOR CO., LTD. 20.66%

2025-11-27 · correction

Mitsubishi UFJ Financial Group Inc. 3.75%

2025-09-01 · change

HONDA MOTOR CO., LTD. 18.84%

2025-06-20 · change

Mitsubishi UFJ Financial Group Inc. 5.45%

2024-07-29 · change

HONDA MOTOR CO., LTD. 18.84%

2024-07-04 · correction

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥5,174	¥2,643	¥3,220	¥3,474	¥3,862
FCF/Share	¥294	¥47	¥134	¥194	¥98
EPS	¥310	¥94	¥42	¥80	¥72
DPS	¥90	¥54	¥63	¥73	¥83
Capital Spending per share	¥82	¥104	¥106	¥103	¥142
Book Value per share	¥4,141	¥2,242	¥2,351	¥2,572	¥2,568
Common Shares Outstanding	67M	132M	127M	127M	119M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥346B	¥350B	¥409B	¥442B	¥461B
Operating Margin (%)	7.7%	6.6%	3.7%	4.0%	3.6%
Net Profit (owners)	¥21B	¥12B	¥5B	¥10B	¥9B
Net Profit Margin (%)	6.0%	3.5%	1.3%	2.3%	1.9%
Working Capital	¥174B	¥187B	¥173B	¥175B	¥148B
Total Debt (Interest-bearing)	—	—	—	—	—
Net Worth (Common Equity)	¥277B	¥297B	¥299B	¥327B	¥306B
Return on Total Assets (ROA)	5.3%	3.0%	1.3%	2.3%	2.0%
Return on Common Equity (ROE)	7.5%	4.2%	1.8%	3.1%	2.8%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.