Tokyo Ohka Kogyo KK

4186

Equity

ISIN JP3571800006 / Valor 761447

Tokyo Stock Exchange (2024-12-25)

JPY 3,486.00-0.23%

Tokyo Ohka Kogyo KK
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About company

Tokyo Ohka Kogyo KK (TOK) is a prominent player in the semiconductor industry, specializing in the production of advanced materials essential for semiconductor manufacturing. The company initially started with the production of high-purity potassium hydroxide, which is instrumental in extending the life of storage batteries. Over time, TOK has expanded its portfolio to include photoresists, which are crucial for creating intricate semiconductor circuits at nanometer scales. Leveraging its two core technologies, TOK has established itself as a global leader in providing high-precision materials that support the ever-evolving demands of the semiconductor market.

Summarized from source with an LLMView SourceSector: Industrials

Net Sales

Tokyo Ohka Kogyo KK reported net sales of ¥94,736 million for the second quarter of the fiscal year ending December 31, 2024. This represents a 22.0% increase compared to the same period in the previous year, driven by a recovery in the PC and smartphone markets and the expansion of the generative AI market.

Operating Income

For the second quarter of 2024, Tokyo Ohka Kogyo KK achieved an operating income of ¥13,443 million, marking a 23.3% year-on-year increase. This growth is attributed to the company's efforts in promoting its medium-term strategies under the "tok Medium-Term Plan 2024."

Profit Attributable to Owners

Tokyo Ohka Kogyo KK's profit attributable to owners of the parent for the second quarter of 2024 was ¥9,143 million, a significant 70.7% increase from the previous year. This substantial rise in profit reflects the company's successful adaptation to market demands and strategic initiatives.

Dividends

The company has scheduled to commence dividend payments on September 6, 2024. The annual dividends per share forecast for the fiscal year ending December 31, 2024, is ¥58.00, reflecting the effect of a 3-for-1 stock split conducted on January 1, 2024.

Financial Position

As of June 30, 2024, Tokyo Ohka Kogyo KK's total assets increased to ¥273,088 million, up by ¥21,223 million from December 31, 2023. This increase is mainly due to higher cash deposits and accounts receivable, alongside significant capital investments in property, plant, and equipment.

Summarized from source with an LLMView Source

Key figures

14.4%1Y

51.8%3Y

143%5Y

Performance

48.3%1Y

38.6%3Y

37.9%5Y

Volatility