tokyo rope mfg co ltd
(5981:Tokyo Stock Exchange)
tokyo rope mfg co ltd (5981) Snapshot
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Tokyo Rope Manufacturing Co., Ltd. primarily engages in the manufacture and sale of wire ropes, steel cords, and carbon fiber composite cables in Japan. The company offers its wire and strand for electric and cable industries, as well as for use in the household products; and steel tire cord for tire manufacturers. It also designs and constructs road safety devices, such as rock fall prevention nets; environment protection products, such as sound insulation walls; and bridges and cable-suspended bridges. In addition, it manufactures and sells industrial machines, metallic fibers, and materials for civil and architectural works. Tokyo Rope Manufacturing Co., Ltd was founded in 1887 and is headquartered in Tokyo, Japan.
tokyo rope mfg co ltd (5981) Key Developments
Tokyo Rope Manufacturing Co. Ltd. announced that they will report fiscal year 2013 results on May 10, 2013
Tokyo Rope Manufacturing Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2012. For the period, the company reported net loss of ¥3,097 million or ¥21.33 per share on net sales of ¥46,686 million compared to net income of ¥1 million or ¥0.01 per basic and diluted share on net sales of ¥57,198 million a year ago. Operating loss was ¥2,988 million compared to income of ¥1,393 million a year ago. Ordinary loss was ¥3,060 million compared to income of ¥1,137 million a year ago. Comprehensive loss was ¥3,426 million compared to loss of ¥1 million a year ago. The decrease in Net Sales were due to a decrease in sales for the Steel Cord segment, with a particularly large drop for products related to solar power generation. Net loss included ¥855 million for business structure improvement expenses. Loss before income taxes was ¥3,926 million compared to income of ¥193 million a year ago. Loss before minority interests was ¥3,287 million compared to income of ¥161 million a year ago. For the year ending March 31, 2013, the company expects net loss of ¥4,100 million or ¥28.23 per share on net sales of ¥64,000 million. The company also expects operating loss of ¥4,000 million and ordinary loss of ¥4,100 million.
Tokyo Rope Manufacturing Co. Ltd. announced that they will report Q3, 2013 results on Feb 20, 2013
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| 5981:JP | ¥138.00 JPY | +9.00 | |
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Industry Analysis
5981
Industry Average
| Valuation | 5981 | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 1.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact TOKYO ROPE MFG CO LTD, please visit www.tokyorope.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.
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