Heiwa Corporation
Heiwa Corporation develops, manufactures, and sells pachinko and pachislot machines in Japan. It also involved in the golf course operation and management business. The company was formerly known as Heiwa Kogyo Co., Ltd. Heiwa Corporation was founded in 1949 and is headquartered in Tokyo, Japan.
Heiwa Corporation (HWC) - Net Assets
Latest net assets as of September 2025: €250.60 Billion EUR
Based on the latest financial reports, Heiwa Corporation (HWC) has net assets worth €250.60 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 (€1.10 Trillion) and total liabilities (€845.09 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 | €250.60 Billion |
| % of Total Assets | 22.87% |
| Annual Growth Rate | 4.13% |
| 5-Year Change | 7.99% |
| 10-Year Change | 22.85% |
| Growth Volatility | 5.4 |
Heiwa Corporation - Net Assets Trend (2014–2025)
This chart illustrates how Heiwa 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 Heiwa Corporation (2014–2025)
The table below shows the annual net assets of Heiwa Corporation from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €244.31 Billion | +2.14% |
| 2024-03-31 | €239.19 Billion | +3.54% |
| 2023-03-31 | €231.00 Billion | +6.36% |
| 2022-03-31 | €217.19 Billion | -4.00% |
| 2021-03-31 | €226.24 Billion | -2.72% |
| 2020-03-31 | €232.58 Billion | +3.34% |
| 2019-03-31 | €225.05 Billion | +3.85% |
| 2018-03-31 | €216.70 Billion | -0.32% |
| 2017-03-31 | €217.41 Billion | +9.32% |
| 2016-03-31 | €198.87 Billion | +11.56% |
| 2015-03-31 | €178.27 Billion | +13.91% |
| 2014-03-31 | €156.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heiwa 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 100.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €173.61 Billion | 71.12% |
| Other Components | €70.50 Billion | 28.88% |
| Total Equity | €244.12 Billion | 100.00% |
Heiwa Corporation Competitors by Market Cap
The table below lists competitors of Heiwa Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lendingtree Inc
NASDAQ:TREE
|
$557.21 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$557.55 Million |
|
Elkem ASA
OTCGREY:ELKEF
|
$557.68 Million |
|
Rainbow Childrens Medicare Limited
NSE:RAINBOW
|
$557.74 Million |
|
Chengdu Yunda Technology Co Ltd
SHE:300440
|
$557.20 Million |
|
Nanjing Kangni Mechanical & Electrical Co Ltd
SHG:603111
|
$557.19 Million |
|
Tamboran Resources Corporation
NYSE:TBN
|
$557.16 Million |
|
Vital Farms Inc
NASDAQ:VITL
|
$557.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heiwa Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 239,185,000,000 to 244,117,000,000, a change of 4,932,000,000 (2.1%).
- Net income of 13,064,000,000 contributed positively to equity growth.
- Dividend payments of 7,891,000,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €13.06 Billion | +5.35% |
| Dividends Paid | €7.89 Billion | -3.23% |
| Share Repurchases | €1.00 Million | -0.0% |
| Other Changes | €-240.00 Million | -0.1% |
| Total Change | €- | 2.06% |
Book Value vs Market Value Analysis
This analysis compares Heiwa 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: 0.00x
- 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 |
|---|---|---|---|
| 2019-03-31 | €2281.57 | €10.50 | x |
| 2020-03-31 | €2357.91 | €10.50 | x |
| 2021-03-31 | €2293.77 | €10.50 | x |
| 2022-03-31 | €2202.00 | €10.50 | x |
| 2023-03-31 | €2342.16 | €10.50 | x |
| 2024-03-31 | €2425.13 | €10.50 | x |
| 2025-03-31 | €2475.15 | €10.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heiwa 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): 5.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.96%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 4.31x
- Recent ROE (5.35%) is below the historical average (8.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.25% | 11.21% | 0.41x | 3.07x | €6.08 Billion |
| 2015 | 16.08% | 13.21% | 0.44x | 2.74x | €9.92 Billion |
| 2016 | 14.15% | 13.09% | 0.48x | 2.27x | €8.26 Billion |
| 2017 | 12.45% | 14.53% | 0.41x | 2.07x | €5.32 Billion |
| 2018 | 3.14% | 5.12% | 0.31x | 2.00x | €-14.87 Billion |
| 2019 | 7.26% | 11.27% | 0.33x | 1.97x | €-6.16 Billion |
| 2020 | 6.82% | 10.98% | 0.33x | 1.88x | €-7.39 Billion |
| 2021 | 0.38% | 0.80% | 0.25x | 1.90x | €-21.76 Billion |
| 2022 | 1.01% | 1.80% | 0.29x | 1.92x | €-19.53 Billion |
| 2023 | 8.95% | 14.54% | 0.34x | 1.83x | €-2.42 Billion |
| 2024 | 6.94% | 12.18% | 0.32x | 1.79x | €-7.31 Billion |
| 2025 | 5.35% | 8.96% | 0.14x | 4.31x | €-11.35 Billion |
Industry Comparison
This section compares Heiwa Corporation's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $11,302,888,975
- Average return on equity (ROE) among peers: 12.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heiwa Corporation (HWC) | €250.60 Billion | 14.25% | 3.37x | $557.20 Million |
| Asmodee Group AB (publ) (2EX) | $2.18 Billion | 4.97% | 0.79x | $1.68 Billion |
| China Travel International Investment Hong Kong Limited (CTI) | $15.77 Billion | 2.23% | 0.27x | $226.21 Million |
| Bloks Group Limited (G0E) | $-1.60 Billion | 0.00% | 0.00x | $544.55 Million |
| Honma Golf Limited (HF5) | $28.00 Billion | 14.05% | 0.29x | $55.03 Million |
| Herald Holdings Limited (HH3) | $630.84 Million | -9.69% | 0.54x | $19.80 Million |
| Oberstdorfer Bergbahn AG (KVO) | $1.65 Million | 14.31% | 2.12x | $1.78 Million |
| Münchener Tierpark Hellabrunn AG (MTP) | $16.78 Million | -5.88% | 3.48x | $2.67 Million |
| Round One Corporation (RDN) | $56.72 Billion | 14.83% | 0.88x | $239.95 Million |
| UNITEDLABELS Aktiengesellschaft (ULC) | $976.82K | 78.62% | 17.93x | $5.20 Million |