Tohoku Steel Co Ltd

Tohoku Steel maintains a strong liquidity position with a current ratio of 4.4, indicating a robust ability to meet short-term obligations. The company holds JPY 8.1 billion in cash and equivalents, which is a significant portion of its total assets of JPY 34.03 billion. The liquidity FPT (free cash flow to total liabilities) is not explicitly provided, but the low debt-to-equity ratio of 0.0 suggests minimal leverage and strong financial flexibility. In terms of profitability, Tohoku Steel's return on equity (ROE) of 3.61% and return on assets (ROA) of 2.96% are below the industry median for Iron & Steel companies, which typically report ROE and ROA in the 5-7% and 4-6% ranges, respectively. The company's gross profit margin of 15.8% is in line with the industry, but its operating margin of 5.9% is slightly below the median, indicating potential inefficiencies in cost management or pricing power. The company's revenue is split between two segments: Specialty Steels and Real Estate Rental. While the financial data does not provide a breakdown of revenue by segment, the company's operations suggest a diversified exposure. The Specialty Steels segment is likely more sensitive to industrial demand, while the Real Estate Rental segment provides a more stable income stream. However, the lack of detailed segment data limits the ability to assess concentration risk. Looking at growth, Tohoku Steel's revenue for the latest fiscal year was JPY 21.18 billion, with no specific guidance provided for the next fiscal year. The company's free cash flow of JPY 791.5 million and capital expenditure of JPY -809.8 million suggest a focus on maintaining operations rather than aggressive expansion. The outlook for the next fiscal year is neutral, with no significant revenue growth expected. The risk assessment indicates low liquidity and dilution risks. The company has no immediate filing-based liquidity or dilution flags, and the low debt-to-equity ratio of 0.0 suggests minimal leverage. The absence of dilution potential and the low risk score indicate a stable capital structure with no near-term pressure for equity issuance. Recent events and filings do not show any significant changes in the company's operations or financial position. The latest actual EPS was 134.20 JPY, and the actual revenue was JPY 21.18 billion, aligning with analyst estimates. There are no notable transcripts or filings that suggest material changes in the company's strategy or performance.