Kokusai Electric Corporation
Kokusai Electric Corporation engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide. The company provides deposition process equipment, treatment process equipment, measuring systems, and ultrasonic generators. It also sells related parts; and new and used equipment for wafers. The company was incorporated in 1949 and is based in … Read more
Kokusai Electric Corporation (69B) - Net Assets
Latest net assets as of September 2025: €208.31 Billion EUR
Based on the latest financial reports, Kokusai Electric Corporation (69B) has net assets worth €208.31 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€343.32 Billion) and total liabilities (€135.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €208.31 Billion |
| % of Total Assets | 60.67% |
| Annual Growth Rate | 17.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.31 |
Kokusai Electric Corporation - Net Assets Trend (2022–2025)
This chart illustrates how Kokusai Electric Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kokusai Electric Corporation (2022–2025)
The table below shows the annual net assets of Kokusai Electric Corporation from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €196.17 Billion | +4.69% |
| 2024-03-31 | €187.39 Billion | +16.48% |
| 2023-03-31 | €160.88 Billion | +34.61% |
| 2022-03-31 | €119.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kokusai Electric Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 115.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €170.53 Billion | 86.93% |
| Other Components | €25.64 Billion | 13.07% |
| Total Equity | €196.17 Billion | 100.00% |
Kokusai Electric Corporation Competitors by Market Cap
The table below lists competitors of Kokusai Electric Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingboard Laminates Holdings Limited
PINK:KGBLY
|
$5.03 Billion |
|
Aisin Seiki Co Ltd
PINK:ASEKY
|
$5.03 Billion |
|
The Middleby Corporation
F:MBY
|
$5.03 Billion |
|
SenseTime Group Inc.
PINK:SNTMF
|
$5.03 Billion |
|
OSRAM Licht AG
PINK:OSAGF
|
$5.02 Billion |
|
Uipath Inc
NYSE:PATH
|
$5.02 Billion |
|
Bufab AB
F:29B
|
$5.01 Billion |
|
BLFBY
PINK:BLFBY
|
$5.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kokusai Electric Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 187,388,000,000 to 196,168,000,000, a change of 8,780,000,000 (4.7%).
- Net income of 36,004,000,000 contributed positively to equity growth.
- Dividend payments of 6,711,000,000 reduced retained earnings.
- Share repurchases of 18,518,000,000 reduced equity.
- Other factors decreased equity by 1,995,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €36.00 Billion | +18.35% |
| Dividends Paid | €6.71 Billion | -3.42% |
| Share Repurchases | €18.52 Billion | -9.44% |
| Other Changes | €-2.00 Billion | -1.02% |
| Total Change | €- | 4.69% |
Book Value vs Market Value Analysis
This analysis compares Kokusai Electric Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | €518.74 | €28.40 | x |
| 2023-03-31 | €698.26 | €28.40 | x |
| 2024-03-31 | €804.49 | €28.40 | x |
| 2025-03-31 | €842.12 | €28.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kokusai Electric Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.07%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.74x
- Recent ROE (18.35%) is below the historical average (24.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 42.95% | 20.92% | 0.69x | 2.98x | €39.39 Billion |
| 2023 | 25.05% | 16.40% | 0.66x | 2.32x | €24.22 Billion |
| 2024 | 11.94% | 12.37% | 0.48x | 2.00x | €3.64 Billion |
| 2025 | 18.35% | 15.07% | 0.70x | 1.74x | €16.39 Billion |
Industry Comparison
This section compares Kokusai Electric Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $12,936,032,334
- Average return on equity (ROE) among peers: 4.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kokusai Electric Corporation (69B) | €208.31 Billion | 42.95% | 0.65x | $5.02 Billion |
| Daqo New Energy Corp (5DQ2) | $6.45 Billion | 6.66% | 0.15x | $1.45 Billion |
| ASM Pacific Technology Limited (AY7A) | $15.29 Billion | 2.26% | 0.55x | $3.72 Billion |
| Smoltek Nanotech Holding AB (GY9) | $83.10 Million | -40.19% | 0.11x | $3.69 Million |
| Mimasu Semiconductor Industry Co. Ltd (MU2) | $51.54 Billion | 0.76% | 0.23x | $745.20 Million |
| Nova Measuring Instruments Ltd (NMR) | $927.79 Million | 19.81% | 0.50x | $11.55 Billion |
| First Sensor AG (SIS) | $135.62 Million | 38.59% | 0.33x | $92.99 Million |
| SAMCO Inc (SMU) | $8.00 Billion | -3.32% | 0.27x | $170.96 Million |
| TOWA Corporation (TWA) | $21.06 Billion | 9.95% | 0.51x | $893.35 Million |