Tsubakimoto Chain Co
Tsubakimoto Chain Co. manufactures and sells chains, motion control, mobility, materials handling systems components in Japan. The company offers power transmission products include drive, small size, large size, plastic modular, top, and plastic block chains; sprockets, house and cable carrier systems, timing belts and pulleys, reducers, locking devices, shaft couplings, linear actuators, electr… Read more
Tsubakimoto Chain Co (TSB) - Net Assets
Latest net assets as of September 2025: €257.22 Billion EUR
Based on the latest financial reports, Tsubakimoto Chain Co (TSB) has net assets worth €257.22 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 (€368.05 Billion) and total liabilities (€110.82 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 | €257.22 Billion |
| % of Total Assets | 69.89% |
| Annual Growth Rate | 7.23% |
| 5-Year Change | 39.82% |
| 10-Year Change | 79.79% |
| Growth Volatility | 5.71 |
Tsubakimoto Chain Co - Net Assets Trend (2014–2025)
This chart illustrates how Tsubakimoto Chain Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tsubakimoto Chain Co (2014–2025)
The table below shows the annual net assets of Tsubakimoto Chain Co from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €262.16 Billion | +0.61% |
| 2024-03-31 | €260.56 Billion | +15.00% |
| 2023-03-31 | €226.58 Billion | +8.02% |
| 2022-03-31 | €209.75 Billion | +11.87% |
| 2021-03-31 | €187.49 Billion | +6.50% |
| 2020-03-31 | €176.06 Billion | +0.34% |
| 2019-03-31 | €175.45 Billion | +3.35% |
| 2018-03-31 | €169.76 Billion | +8.67% |
| 2017-03-31 | €156.22 Billion | +7.13% |
| 2016-03-31 | €145.81 Billion | +1.06% |
| 2015-03-31 | €144.29 Billion | +18.63% |
| 2014-03-31 | €121.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tsubakimoto Chain Co'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 108.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €192.13 Billion | 73.95% |
| Other Components | €67.67 Billion | 26.05% |
| Total Equity | €259.81 Billion | 100.00% |
Tsubakimoto Chain Co Competitors by Market Cap
The table below lists competitors of Tsubakimoto Chain Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dynamic Holding Co. Ltd.
TW:3715
|
$1.17 Billion |
|
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318
|
$1.17 Billion |
|
Nickel Industries Ltd
AU:NIC
|
$1.17 Billion |
|
Westamerica Bancorporation
NASDAQ:WABC
|
$1.18 Billion |
|
China Cinda Asset Management Co., Ltd.
F:0CI
|
$1.17 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
$1.17 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
$1.17 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tsubakimoto Chain Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 258,399,000,000 to 259,808,000,000, a change of 1,409,000,000 (0.5%).
- Net income of 22,122,000,000 contributed positively to equity growth.
- Dividend payments of 6,984,000,000 reduced retained earnings.
- Share repurchases of 10,005,000,000 reduced equity.
- Other factors decreased equity by 3,724,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €22.12 Billion | +8.51% |
| Dividends Paid | €6.98 Billion | -2.69% |
| Share Repurchases | €10.01 Billion | -3.85% |
| Other Changes | €-3.72 Billion | -1.43% |
| Total Change | €- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Tsubakimoto Chain Co'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: 0.01x
- 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 |
|---|---|---|---|
| 2017-03-31 | €4075.44 | €12.80 | x |
| 2018-03-31 | €4435.91 | €12.80 | x |
| 2019-03-31 | €4589.99 | €12.80 | x |
| 2020-03-31 | €4711.24 | €12.80 | x |
| 2021-03-31 | €4853.43 | €12.80 | x |
| 2022-03-31 | €5612.21 | €12.80 | x |
| 2023-03-31 | €6059.29 | €12.80 | x |
| 2024-03-31 | €7207.19 | €12.80 | x |
| 2025-03-31 | €2533.12 | €12.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tsubakimoto Chain Co 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): 8.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.92%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.43x
- Recent ROE (8.51%) is above the historical average (7.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.62% | 5.74% | 0.78x | 1.93x | €-1.63 Billion |
| 2015 | 10.08% | 7.19% | 0.76x | 1.84x | €109.20 Million |
| 2016 | 8.99% | 6.26% | 0.80x | 1.79x | €-1.44 Billion |
| 2017 | 9.57% | 7.34% | 0.74x | 1.75x | €-651.20 Million |
| 2018 | 8.73% | 6.80% | 0.75x | 1.70x | €-2.13 Billion |
| 2019 | 7.93% | 5.78% | 0.78x | 1.76x | €-3.59 Billion |
| 2020 | 6.64% | 5.11% | 0.77x | 1.69x | €-5.86 Billion |
| 2021 | 4.69% | 4.50% | 0.63x | 1.65x | €-9.87 Billion |
| 2022 | 7.00% | 6.74% | 0.65x | 1.60x | €-6.23 Billion |
| 2023 | 6.12% | 5.46% | 0.73x | 1.54x | €-8.70 Billion |
| 2024 | 7.18% | 6.95% | 0.68x | 1.51x | €-7.29 Billion |
| 2025 | 8.51% | 7.92% | 0.75x | 1.43x | €-3.86 Billion |
Industry Comparison
This section compares Tsubakimoto Chain Co's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $7,657,119,913
- Average return on equity (ROE) among peers: -52.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tsubakimoto Chain Co (TSB) | €257.22 Billion | 8.62% | 0.43x | $1.17 Billion |
| 2G Energy AG (2GB) | $146.19 Million | 16.19% | 0.90x | $344.59 Million |
| Star Micronics Co., Ltd. (2ZN) | $74.43 Billion | 2.49% | 0.25x | $572.39 Million |
| Arcure S.A. (340) | $8.25 Million | 21.18% | 1.54x | $10.75 Million |
| Valtecne S.p.A. (71W) | $10.98 Million | 20.94% | 1.55x | $8.28 Million |
| ENGIE Eps S.A (8XE) | $2.34 Million | -626.68% | 17.75x | $26.43 Million |
| FlexQube AB (publ) (A1Y) | $69.33 Million | -10.19% | 1.22x | $6.98 Million |
| Aalberts N.V (AACA) | $1.51 Billion | 13.52% | 0.92x | $3.32 Billion |
| WALTER MEIER AG NAM. (B4A1) | $169.51 Million | 12.55% | 0.87x | $155.45 Million |
| Biesse S.p.A (BI2) | $214.81 Million | 1.18% | 2.06x | $46.21 Million |
| STIF Société anonyme (D08) | $6.01 Million | 28.52% | 1.88x | $562.72K |