Hamamatsu Photonics K.K
Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems in Japan and internationally. It operates through four segments: Electron Tube, Opto-Semiconductor, Imaging and Measurement Instruments, Laser, and Other. The company offers optical sensors, including photodiodes, avalanche photodiodes, phot… Read more
Hamamatsu Photonics K.K (HPHTF) - Net Assets
Latest net assets as of December 2025: $320.26 Billion USD
Based on the latest financial reports, Hamamatsu Photonics K.K (HPHTF) has net assets worth $320.26 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($478.75 Billion) and total liabilities ($158.48 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 | $320.26 Billion |
| % of Total Assets | 66.9% |
| Annual Growth Rate | 9.21% |
| 5-Year Change | 38.1% |
| 10-Year Change | 93.31% |
| Growth Volatility | 11.54 |
Hamamatsu Photonics K.K - Net Assets Trend (2004–2025)
This chart illustrates how Hamamatsu Photonics K.K's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hamamatsu Photonics K.K (2004–2025)
The table below shows the annual net assets of Hamamatsu Photonics K.K from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $328.08 Billion | -1.48% |
| 2024-09-30 | $333.01 Billion | +4.05% |
| 2023-09-30 | $320.06 Billion | +13.54% |
| 2022-09-30 | $281.90 Billion | +18.66% |
| 2021-09-30 | $237.57 Billion | +11.27% |
| 2020-09-30 | $213.51 Billion | +4.85% |
| 2019-09-30 | $203.65 Billion | +4.98% |
| 2018-09-30 | $193.98 Billion | +3.43% |
| 2017-09-30 | $187.56 Billion | +10.51% |
| 2016-09-30 | $169.72 Billion | -6.11% |
| 2015-09-30 | $180.77 Billion | +7.08% |
| 2014-09-30 | $168.81 Billion | +9.35% |
| 2013-09-30 | $154.38 Billion | +9.59% |
| 2012-09-30 | $140.87 Billion | +5.58% |
| 2011-09-30 | $133.43 Billion | +7.19% |
| 2010-09-30 | $124.48 Billion | +5.98% |
| 2009-09-30 | $117.45 Billion | -4.01% |
| 2008-09-30 | $122.36 Billion | +7.43% |
| 2007-09-30 | $113.90 Billion | +29.22% |
| 2006-09-30 | $88.14 Billion | +49.29% |
| 2005-09-30 | $59.04 Billion | +14.49% |
| 2004-09-30 | $51.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hamamatsu Photonics K.K'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 903.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $252.90 Billion | 77.55% |
| Common Stock | $35.70 Billion | 10.95% |
| Other Comprehensive Income | $29.15 Billion | 8.94% |
| Other Components | $8.36 Billion | 2.56% |
| Total Equity | $326.12 Billion | 100.00% |
Hamamatsu Photonics K.K Competitors by Market Cap
The table below lists competitors of Hamamatsu Photonics K.K ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sona BLW Precision Forgings Limited
NSE:SONACOMS
|
$2.29 Billion |
|
Jushri Technologies Inc Class A
SHE:300762
|
$2.29 Billion |
|
ATS Corporation
NYSE:ATS
|
$2.29 Billion |
|
Silvercorp Metals Inc
NYSE MKT:SVM
|
$2.30 Billion |
|
Almacenes Éxito S.A.
SA:EXCO32
|
$2.29 Billion |
|
Vincom Retail JSC
VN:VRE
|
$2.29 Billion |
|
Astral Limited
NSE:ASTRAL
|
$2.29 Billion |
|
Artisan Partners Asset Management Inc
NYSE:APAM
|
$2.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hamamatsu Photonics K.K's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 331,306,000,000 to 326,117,000,000, a change of -5,189,000,000 (-1.6%).
- Net income of 14,407,000,000 contributed positively to equity growth.
- Dividend payments of 11,731,000,000 reduced retained earnings.
- Share repurchases of 20,287,000,000 reduced equity.
- Other comprehensive income increased equity by 29,151,000,000.
- Other factors decreased equity by 16,729,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.41 Billion | +4.42% |
| Dividends Paid | $11.73 Billion | -3.6% |
| Share Repurchases | $20.29 Billion | -6.22% |
| Other Comprehensive Income | $29.15 Billion | +8.94% |
| Other Changes | $-16.73 Billion | -5.13% |
| Total Change | $- | -1.57% |
Book Value vs Market Value Analysis
This analysis compares Hamamatsu Photonics K.K'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 |
|---|---|---|---|
| 2004-09-30 | $346.47 | $8.50 | x |
| 2005-09-30 | $367.40 | $8.50 | x |
| 2006-09-30 | $539.86 | $8.50 | x |
| 2007-09-30 | $697.68 | $8.50 | x |
| 2008-09-30 | $745.21 | $8.50 | x |
| 2009-09-30 | $715.63 | $8.50 | x |
| 2010-09-30 | $769.58 | $8.50 | x |
| 2011-09-30 | $825.11 | $8.50 | x |
| 2012-09-30 | $872.60 | $8.50 | x |
| 2013-09-30 | $956.99 | $8.50 | x |
| 2014-09-30 | $1046.55 | $8.50 | x |
| 2015-09-30 | $1120.36 | $8.50 | x |
| 2016-09-30 | $1058.51 | $8.50 | x |
| 2017-09-30 | $1188.29 | $8.50 | x |
| 2018-09-30 | $1243.41 | $8.50 | x |
| 2019-09-30 | $1311.11 | $8.50 | x |
| 2020-09-30 | $1373.84 | $8.50 | x |
| 2021-09-30 | $1527.68 | $8.50 | x |
| 2022-09-30 | $1812.00 | $8.50 | x |
| 2023-09-30 | $2057.73 | $8.50 | x |
| 2024-09-30 | $1069.63 | $8.50 | x |
| 2025-09-30 | $1086.44 | $8.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hamamatsu Photonics K.K 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): 4.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.70%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.42x
- Recent ROE (4.42%) is below the historical average (9.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.13% | 6.60% | 0.59x | 2.34x | $-444.60 Million |
| 2005 | 13.23% | 10.45% | 0.51x | 2.47x | $1.89 Billion |
| 2006 | 11.16% | 11.20% | 0.54x | 1.85x | $1.01 Billion |
| 2007 | 10.65% | 12.50% | 0.57x | 1.51x | $736.40 Million |
| 2008 | 10.87% | 13.27% | 0.56x | 1.45x | $1.04 Billion |
| 2009 | 1.55% | 2.49% | 0.46x | 1.36x | $-9.80 Billion |
| 2010 | 9.29% | 12.63% | 0.52x | 1.43x | $-883.10 Million |
| 2011 | 10.33% | 13.45% | 0.54x | 1.42x | $435.00 Million |
| 2012 | 7.99% | 11.43% | 0.52x | 1.35x | $-2.82 Billion |
| 2013 | 7.49% | 11.29% | 0.52x | 1.29x | $-3.86 Billion |
| 2014 | 9.01% | 13.52% | 0.52x | 1.28x | $-1.67 Billion |
| 2015 | 9.21% | 13.75% | 0.53x | 1.26x | $-1.42 Billion |
| 2016 | 8.52% | 11.83% | 0.56x | 1.28x | $-2.50 Billion |
| 2017 | 9.51% | 13.62% | 0.55x | 1.28x | $-916.70 Million |
| 2018 | 10.98% | 14.70% | 0.59x | 1.27x | $1.89 Billion |
| 2019 | 9.81% | 13.65% | 0.56x | 1.28x | $-377.60 Million |
| 2020 | 7.77% | 11.78% | 0.52x | 1.28x | $-4.75 Billion |
| 2021 | 10.59% | 14.82% | 0.56x | 1.28x | $1.40 Billion |
| 2022 | 14.72% | 19.78% | 0.57x | 1.31x | $13.24 Billion |
| 2023 | 13.44% | 19.34% | 0.55x | 1.26x | $10.96 Billion |
| 2024 | 7.59% | 12.33% | 0.47x | 1.31x | $-7.99 Billion |
| 2025 | 4.42% | 6.70% | 0.47x | 1.42x | $-18.20 Billion |
Industry Comparison
This section compares Hamamatsu Photonics K.K's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hamamatsu Photonics K.K (HPHTF) | $320.26 Billion | 9.13% | 0.49x | $2.29 Billion |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |