Cash flow TDK Corporation

Stocks

6762

JP3538800008

Electronic Equipment & Parts

Market Closed - Japan Exchange Other stock markets 07:30:00 21/07/2026 BST			5-day change	1st Jan Change
3,073.00 ^JPY	+3.54%		-4.06%	+38.99%

06-11	TDK to Acquire Metal 3D Printing Pioneer Fabric8Labs for Up to $400 Million	MT
06-10	TDK Corporation entered into definitive agreement to acquire Fabric8Labs, Inc. for $400 million.	CI

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Published financial data: TDK CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	1,902B	2,181B	2,104B	2,205B	2,505B
Total Revenues	1,902B	2,181B	2,104B	2,205B	2,505B
Cost of Goods Sold, Total	1,338B	1,596B	1,501B	1,517B	1,721B
Gross Profit	564B	585B	603B	688B	783B
Selling General & Admin Expenses, Total	411B	435B	453B	494B	544B
R&D Expenses	-	-	-	-	-
Other Operating Expenses	-7.36B	-8.01B	-14.43B	-26.82B	-25.48B
Other Operating Expenses, Total	403B	427B	438B	467B	519B
Operating Income	161B	158B	165B	221B	265B
Interest Expense, Total	-7.11B	-11.33B	-14.66B	-10.08B	-15.44B
Interest And Investment Income	8.55B	15.64B	26.12B	22.77B	31.22B
Net Interest Expenses	1.43B	4.31B	11.46B	12.69B	15.78B
Income (Loss) On Equity Invest.	2.29B	1.79B	670M	-66M	610M
Currency Exchange Gains (Loss)	1.83B	-7.24B	-13.75B	-2.56B	-13.31B
Other Non Operating Income (Expenses)	5.74B	7.29B	4.8B	348M	8.36B
EBT, Excl. Unusual Items	172B	164B	168B	231B	276B
Gain (Loss) On Sale Of Investments	-	-	8.9B	3.2B	-2.04B
Gain (Loss) On Sale Of Assets	554M	3.34B	2.23B	3.36B	2.56B
EBT, Incl. Unusual Items	172B	167B	179B	238B	277B
Income Tax Expense	40.68B	52.92B	53.11B	67.42B	77.64B
Earnings From Continuing Operations	132B	114B	126B	170B	199B
Net Income to Company	132B	114B	126B	170B	199B
Minority Interest	-517M	-114M	-1.45B	-3.23B	-3.5B
Net Income - (IS)	131B	114B	125B	167B	196B
Net Income to Common Incl Extra Items	131B	114B	125B	167B	196B
Net Income to Common Excl. Extra Items	131B	114B	125B	167B	196B
Per Share Items
Net EPS - Basic	69.29	60.24	65.74	88.1	103.09
Basic EPS - Continuing Operations	69.29	60.24	65.74	88.1	103.09
Basic Weighted Average Shares Outstanding	1.89B	1.9B	1.9B	1.9B	1.9B
Net EPS - Diluted	69.13	60.13	65.64	87.98	102.97
Diluted EPS - Continuing Operations	69.13	60.13	65.64	87.98	102.97
Diluted Weighted Average Shares Outstanding	1.9B	1.9B	1.9B	1.9B	1.9B
Normalized Basic EPS	56.44	53.97	54.63	74.47	89.14
Normalized Diluted EPS	56.31	53.87	54.55	74.37	89.03
Dividend Per Share	15.67	21.2	23.2	30	-
Payout Ratio	18.27	32.58	33.81	29.04	31.04
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	338B	364B	355B	397B	469B
EBITA	161B	158B	165B	229B	265B
EBIT	161B	158B	165B	221B	265B
EBITDAR	-	-	-	399B	-
Effective Tax Rate - (Ratio)	23.58	31.65	29.63	28.35	28.05
Total Current Taxes	-	-	-	61.78B	-
Total Deferred Taxes	-	-	-	5.64B	-
Normalized Net Income	107B	102B	104B	141B	169B
Interest on Long-Term Debt	-	-	-	2.61B	-
Non-Cash Pension Expense	1.27B	-10.92B	2.48B	1.75B	27.34B
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	165B	179B	189B	254B	290B
Net Rental Expense, Total	-	-	-	1.71B	-
Imputed Operating Lease Interest Expense	-	-	-	213M	-
Imputed Operating Lease Depreciation	-	-	-	1.49B	-

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	439B	506B	650B	697B	843B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	439B	506B	650B	697B	843B
Accounts Receivable, Total	524B	546B	558B	583B	781B
Other Receivables	4.98B	4.3B	9.99B	36.46B	10.92B
Total Receivables	529B	551B	568B	620B	791B
Inventory	437B	443B	406B	410B	585B
Prepaid Expenses	7.37B	9.52B	11.66B	12.13B	14.48B
Other Current Assets, Total	120B	97.92B	91.94B	97.8B	221B
Total Current Assets	1,533B	1,607B	1,728B	1,837B	2,455B
Gross Property Plant And Equipment	-	-	-	2,882B	-
Accumulated Depreciation	-	-	-	-1,778B	-
Net Property Plant And Equipment	995B	985B	1,062B	1,103B	1,298B
Long-term Investments	267B	300B	343B	42.19B	380B
Goodwill	137B	150B	168B	165B	188B
Other Intangibles, Total	69.03B	61.24B	57.11B	49.16B	49.68B
Deferred Tax Assets Long-Term	40.06B	44.19B	56.18B	54.65B	43.8B
Other Long-Term Assets, Total	-	-	-	290B	-1M
Total Assets	3,042B	3,147B	3,415B	3,541B	4,415B
Liabilities
Accounts Payable, Total	460B	351B	352B	393B	707B
Accrued Expenses, Total	194B	222B	270B	311B	355B
Short-term Borrowings	173B	242B	80.09B	120B	132B
Current Portion of Long-Term Debt	3.26B	6.18B	133B	67.19B	78.8B
Current Portion of Leases	9.43B	10.3B	11.63B	12.65B	12.4B
Current Income Taxes Payable	36.6B	43.12B	47B	41.09B	65.57B
Unearned Revenue Current, Total	-	-	-	8.55B	-
Other Current Liabilities	186B	129B	123B	145B	224B
Total Current Liabilities	1,062B	1,004B	1,017B	1,098B	1,575B
Long-Term Debt	456B	449B	400B	346B	333B
Long-Term Leases	38.9B	44.69B	60.94B	62.6B	59.93B
Pension & Other Post Retirement Benefits	105B	92.31B	98.39B	95.37B	97.96B
Deferred Tax Liability Non Current	57.45B	70.39B	91.62B	94.68B	112B
Other Non Current Liabilities	18.54B	23.8B	32.27B	33.05B	34.99B
Total Liabilities	1,738B	1,684B	1,700B	1,730B	2,212B
Common Stock, Total	32.64B	32.64B	32.64B	32.64B	32.64B
Additional Paid In Capital	-	45M	34M	264M	273M
Retained Earnings	975B	1,055B	1,139B	1,273B	1,410B
Treasury Stock	-16.7B	-16.26B	-16.07B	-15.84B	-15.66B
Comprehensive Income and Other	310B	387B	552B	510B	760B
Total Common Equity	1,300B	1,458B	1,707B	1,800B	2,187B
Minority Interest	3.44B	4.42B	7.61B	11.18B	16.31B
Total Equity	1,304B	1,463B	1,715B	1,811B	2,204B
Total Liabilities And Equity	3,042B	3,147B	3,415B	3,541B	4,415B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.9B	1.9B	1.9B	1.9B	1.9B
ECS Total Common Shares Outstanding	1.9B	1.9B	1.9B	1.9B	-
Book Value / Share	686.14	769.06	900.04	948.59	1.15K
Tangible Book Value	1,094B	1,248B	1,482B	1,586B	1,949B
Tangible Book Value Per Share	577.24	657.92	781.16	835.8	1.03K
Total Debt	680B	752B	686B	608B	616B
Net Debt	240B	246B	35.74B	-88.91B	-227B
Debt Equivalent of Unfunded Proj. Benefit Obligation	108B	71.8B	53.66B	35.68B	11.36B
Debt Equivalent Oper. Leases	-	-	-	13.66B	-
Minority Interest, Total (Incl. Fin. Div)	3.44B	4.42B	7.61B	11.18B	16.31B
Equity Method Investments, Total	16.64B	24.71B	36.99B	42.19B	48.66B
Account Code - Inventory Valuation	-	-	-	3	-
Inventories - Raw Materials, Total	224B	187B	159B	151B	263B
Inventories - Work In Process, Total	89.33B	87.52B	92.91B	110B	143B
Inventories - Finished Goods, Total	123B	168B	154B	149B	179B
Inventories - Others	-	-	-	-	-1M
Land - (BS)	-	-	-	36.21B	-
Buildings, Total	-	-	-	609B	-
Machinery, Total	-	-	-	1,929B	-
Full Time Employees	117K	103K	101K	105K	107K
Accumulated Allowance for Doubtful Accounts (Supple)	1.66B	2.31B	2.2B	2.68B	2.88B
Order Backlog	660B	623B	496B	442B	632B

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	132B	114B	126B	167B	199B
Depreciation & Amortization - CF	177B	206B	191B	182B	204B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	7.95B	-
Depreciation & Amortization, Total	177B	206B	191B	190B	204B
Amortization of Deferred Charges, Total - (CF)	-	-	-	6.1B	-
(Gain) Loss From Sale Of Asset	3.3B	35.06B	9.57B	-	751M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	18.03B	-
(Income) Loss On Equity Investments - (CF)	-2.29B	-1.79B	-670M	66M	-610M
Other Operating Activities, Total	-29.99B	-32B	-33.85B	7B	-26.32B
Change In Accounts Receivable	-38.45B	6.32B	36.98B	-28.01B	-137B
Change In Inventories	-108B	11.96B	72.95B	-8.27B	-132B
Change In Accounts Payable	86.43B	-116B	-19.74B	38.78B	260B
Change in Other Net Operating Assets	-40.42B	39.1B	65.1B	54.86B	139B
Cash from Operations	179B	263B	447B	446B	508B
Capital Expenditure	-291B	-276B	-219B	-225B	-299B
Sale of Property, Plant, and Equipment	3.37B	23.8B	26.1B	20.52B	14.12B
Cash Acquisitions	-	-6.75B	-9.69B	-	-14.21B
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	6.41B	26.51B	-14.35B	-39.7B	-77.19B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	10M	-2.24B	-57M	-368M	-1.88B
Cash from Investing	-282B	-234B	-217B	-245B	-378B
Short Term Debt Issued, Total	-	65.94B	-	40B	11.8B
Long-Term Debt Issued, Total	291B	372M	100B	13.68B	65.87B
Total Debt Issued	291B	66.31B	100B	53.68B	77.67B
Short Term Debt Repaid, Total	-8.24B	-	-168B	-	-23M
Long-Term Debt Repaid, Total	-135B	-4.87B	-25.48B	-149B	-67.78B
Total Debt Repaid	-143B	-4.87B	-194B	-149B	-67.8B
Common Dividends Paid	-23.99B	-37.2B	-42.15B	-48.54B	-60.74B
Common & Preferred Stock Dividends Paid	-23.99B	-37.2B	-42.15B	-48.54B	-60.74B
Other Financing Activities, Total	-10.34B	-9.3B	-10.84B	639M	-13.88B
Cash from Financing	114B	14.95B	-146B	-143B	-64.75B
Foreign Exchange Rate Adjustments	47.77B	23.53B	59.77B	-10.36B	80.29B
Miscellaneous Cash Flow Adjustments	-	-	-	-	1M
Net Change in Cash	58.95B	66.85B	144B	47.31B	145B
Supplemental Items
Cash Interest Paid	5.49B	9.01B	8.94B	8.04B	8.33B
Cash Income Tax Paid (Refund)	30.62B	41.14B	40.2B	59.76B	47.66B
Levered Free Cash Flow	-123B	-117B	136B	147B	41.1B
Unlevered Free Cash Flow	-119B	-110B	145B	154B	50.75B
Change In Net Working Capital	105B	139B	-70B	-44.73B	20.38B
Net Debt Issued / Repaid	148B	61.45B	-93.38B	-95.44B	9.87B

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	3.69	3.19	3.14	3.97	4.16
Return on Total Capital	5.72	4.7	4.47	5.73	6.32
Return On Equity %	11.41	8.26	7.94	9.66	9.92
Return on Common Equity	11.4	8.28	7.88	9.53	9.81
Margin Analysis
Gross Profit Margin %	29.64	26.8	28.66	31.21	31.28
SG&A Margin	21.58	19.94	21.51	22.41	21.72
EBITDA Margin %	17.75	16.69	16.9	18	18.73
EBITA Margin %	8.45	7.23	7.84	10.38	10.57
EBIT Margin %	8.45	7.23	7.84	10.02	10.57
Income From Continuing Operations Margin %	6.93	5.24	6	7.73	7.95
Net Income Margin %	6.9	5.24	5.93	7.58	7.81
Net Avail. For Common Margin %	6.9	5.24	5.93	7.58	7.81
Normalized Net Income Margin	5.62	4.69	4.93	6.41	6.75
Levered Free Cash Flow Margin	-6.47	-5.35	6.46	6.69	1.64
Unlevered Free Cash Flow Margin	-6.24	-5.03	6.89	6.97	2.03
Asset Turnover
Asset Turnover	0.7	0.7	0.64	0.63	0.63
Fixed Assets Turnover	2.09	2.2	2.06	2.04	2.09
Receivables Turnover (Average Receivables)	3.99	4.07	3.81	3.86	3.67
Inventory Turnover (Average Inventory)	3.69	3.63	3.54	3.72	3.46
Short Term Liquidity
Current Ratio	1.44	1.6	1.7	1.67	1.56
Quick Ratio	0.91	1.05	1.2	1.2	1.04
Operating Cash Flow to Current Liabilities	0.17	0.26	0.44	0.41	0.32
Days Sales Outstanding (Average Receivables)	91.52	89.61	96.09	94.48	99.36
Days Outstanding Inventory (Average Inventory)	98.98	100.61	103.53	98.2	105.54
Average Days Payable Outstanding	96.32	92.44	87.93	89.34	105.76
Cash Conversion Cycle (Average Days)	94.19	97.78	111.69	103.34	99.14
Long Term Solvency
Total Debt/Equity	52.14	51.42	39.99	33.59	27.95
Total Debt / Total Capital	34.27	33.96	28.56	25.14	21.85
LT Debt/Equity	37.93	33.72	26.89	22.56	17.82
Long-Term Debt / Total Capital	24.93	22.27	19.21	16.89	13.92
Total Liabilities / Total Assets	57.14	53.52	49.79	48.86	50.09
EBIT / Interest Expense	22.58	13.92	11.25	21.92	17.16
EBITDA / Interest Expense	47.47	32.13	24.26	40.79	30.38
(EBITDA - Capex) / Interest Expense	6.51	7.79	9.34	18.43	11.04
Total Debt / EBITDA	2.01	2.07	1.93	1.48	1.31
Net Debt / EBITDA	0.71	0.68	0.1	-0.22	-0.48
Total Debt / (EBITDA - Capex)	14.67	8.52	5.01	3.28	3.61
Net Debt / (EBITDA - Capex)	5.19	2.79	0.26	-0.48	-1.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	28.61	14.65	-3.53	4.8	13.61
Gross Profit, 1 Yr. Growth %	29.82	3.67	3.16	14.1	13.86
EBITDA, 1 Yr. Growth %	34.09	7.8	-2.35	15.61	18.16
EBITA, 1 Yr. Growth %	44.03	-1.82	4.57	28.19	15.76
EBIT, 1 Yr. Growth %	44.03	-1.82	4.57	29.4	19.93
Earnings From Cont. Operations, 1 Yr. Growth %	66.42	-13.29	10.35	35.08	16.89
Net Income, 1 Yr. Growth %	65.49	-13.03	9.2	34.06	17.05
Normalized Net Income, 1 Yr. Growth %	52.78	-4.33	1.28	36.36	19.72
Diluted EPS Before Extra, 1 Yr. Growth %	65.44	-13.02	9.16	34.03	17.04
Accounts Receivable, 1 Yr. Growth %	22.13	4.18	2.18	4.45	33.86
Inventory, 1 Yr. Growth %	51.29	1.37	-8.33	0.97	42.78
Net Property, Plant and Equip., 1 Yr. Growth %	20.38	-1.03	7.86	3.85	17.68
Total Assets, 1 Yr. Growth %	26.66	3.46	8.52	3.69	24.67
Tangible Book Value, 1 Yr. Growth %	42.97	14.06	18.77	7.03	22.89
Common Equity, 1 Yr. Growth %	29.57	12.16	17.07	5.43	21.51
Cash From Operations, 1 Yr. Growth %	-19.67	46.81	70.11	-0.26	13.87
Capital Expenditures, 1 Yr. Growth %	37.19	-5.36	-20.72	3.07	32.54
Levered Free Cash Flow, 1 Yr. Growth %	-313.93	-5.18	-216.42	5.69	-72.11
Unlevered Free Cash Flow, 1 Yr. Growth %	-298.6	-7.6	-232.29	3.41	-66.98
Dividend Per Share, 1 Yr. Growth %	30.55	35.32	9.43	29.31	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	18.13	21.43	5.17	0.55	9.11
Gross Profit, 2 Yr. CAGR %	18.24	16.01	3.42	8.49	13.98
EBITDA, 2 Yr. CAGR %	23.09	20.23	2.6	2.87	16.88
EBITA, 2 Yr. CAGR %	28.12	18.92	1.32	16.41	21.82
EBIT, 2 Yr. CAGR %	28.12	18.92	1.32	14.37	24.57
Earnings From Cont. Operations, 2 Yr. CAGR %	51.86	20.13	-2.18	22.09	25.66
Net Income, 2 Yr. CAGR %	50.74	19.97	-2.55	20.99	25.27
Normalized Net Income, 2 Yr. CAGR %	34.08	20.9	-1.56	16.34	27.77
Diluted EPS Before Extra, 2 Yr. CAGR %	50.73	19.96	-2.56	20.96	25.25
Accounts Receivable, 2 Yr. CAGR %	30.04	12.79	3.17	3.31	18.24
Inventory, 2 Yr. CAGR %	35.95	23.84	-3.6	-3.79	20.07
Net Property, Plant and Equip., 2 Yr. CAGR %	23.7	9.15	3.32	5.84	10.55
Total Assets, 2 Yr. CAGR %	25.11	14.48	5.96	6.08	13.7
Tangible Book Value, 2 Yr. CAGR %	34.66	27.7	16.39	12.75	14.69
Common Equity, 2 Yr. CAGR %	24.13	20.55	14.59	11.1	13.18
Cash From Operations, 2 Yr. CAGR %	-10.29	8.6	58.03	30.26	6.57
Capital Expenditures, 2 Yr. CAGR %	29.61	13.94	-13.38	-9.6	16.88
Levered Free Cash Flow, 2 Yr. CAGR %	112.53	42.42	5.06	2.48	-45.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	100.39	35.47	10.56	9.85	-41.56
Dividend Per Share, 2 Yr. CAGR %	14.26	32.92	21.69	18.96	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.24	16.96	12.46	5.05	4.73
Gross Profit, 3 Yr. CAGR %	12.45	13.17	11.56	6.71	10.25
EBITDA, 3 Yr. CAGR %	16.34	17.77	12.18	5.78	8.82
EBITA, 3 Yr. CAGR %	14.21	17.24	13.93	11.14	18.86
EBIT, 3 Yr. CAGR %	14.21	17.24	13.93	9.84	18.86
Earnings From Cont. Operations, 3 Yr. CAGR %	16.88	25.99	16.78	-2.55	20.33
Net Income, 3 Yr. CAGR %	16.89	25.49	16.26	-3.08	19.66
Normalized Net Income, 3 Yr. CAGR %	17.62	19.81	13.97	9.3	18.25
Diluted EPS Before Extra, 3 Yr. CAGR %	16.88	25.49	16.25	-3.1	19.64
Accounts Receivable, 3 Yr. CAGR %	19.39	20.78	9.14	3.59	12.63
Inventory, 3 Yr. CAGR %	24.42	23.28	12.02	-2.13	9.74
Net Property, Plant and Equip., 3 Yr. CAGR %	18.17	14.84	8.72	3.36	9.65
Total Assets, 3 Yr. CAGR %	15.14	17.43	12.46	4.68	11.95
Tangible Book Value, 3 Yr. CAGR %	20.59	27.41	24.65	10.81	16.03
Common Equity, 3 Yr. CAGR %	14.02	20	19.38	10.16	14.46
Cash From Operations, 3 Yr. CAGR %	8.46	5.72	26.12	38.01	24.55
Capital Expenditures, 3 Yr. CAGR %	18.84	16.71	0.97	-8.22	2.69
Levered Free Cash Flow, 3 Yr. CAGR %	59.33	62.4	33.17	13.23	-29.38
Unlevered Free Cash Flow, 3 Yr. CAGR %	62.13	54.82	34.4	15.97	-22.64
Dividend Per Share, 3 Yr. CAGR %	13.67	20.89	24.58	24.18	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.05	11.39	8.77	10.1	11.11
Gross Profit, 5 Yr. CAGR %	11.84	11.37	8.75	11.27	12.52
EBITDA, 5 Yr. CAGR %	2.66	15.41	10.64	12.24	13.25
EBITA, 5 Yr. CAGR %	-5.1	12.99	8.87	18.51	18.88
EBIT, 5 Yr. CAGR %	-5.1	12.99	8.87	17.68	18.88
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.96	12.31	8.85	24.42	20.25
Net Income, 5 Yr. CAGR %	-1.98	12.47	8.69	23.67	19.79
Normalized Net Income, 5 Yr. CAGR %	-4.1	12.9	9.53	18.47	19.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.01	12.46	8.68	23.66	19.77
Accounts Receivable, 5 Yr. CAGR %	15.52	12.44	12.62	13.46	12.69
Inventory, 5 Yr. CAGR %	23.12	16.38	12.35	11.64	15.18
Net Property, Plant and Equip., 5 Yr. CAGR %	16.45	12.54	11.99	11.15	9.45
Total Assets, 5 Yr. CAGR %	12.82	10.56	11.38	12.75	12.95
Tangible Book Value, 5 Yr. CAGR %	9.95	16.51	18.89	18.35	20.56
Common Equity, 5 Yr. CAGR %	10.38	12.08	14.24	16.36	16.86
Cash From Operations, 5 Yr. CAGR %	2.25	23.54	26.09	14.92	17.9
Capital Expenditures, 5 Yr. CAGR %	11.69	9.07	4.72	5.37	7.05
Levered Free Cash Flow, 5 Yr. CAGR %	3.6	8.89	34.88	40.16	-6.51
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.42	8.34	39.11	39.07	-3.21
Dividend Per Share, 5 Yr. CAGR %	14.39	19.59	16.81	20.11	-