TDK annual revenue was ¥1.38 t in FY 2019

TDK Gross profit (Q1, 2020)96 B

TDK Gross profit margin (Q1, 2020), %28.5%

TDK Net income (Q1, 2020)16.3 B

TDK EBIT (Q1, 2020)25 B

TDK Cash, 30-Jun-2019262.3 B

TDK revenue was ¥1.38 t in FY, 2019 which is a 8.7% year over year increase from the previous period.

TDK revenue breakdown by business segment: 5.5% from Sensor Application Products, 38.9% from Energy Application Products, 31.4% from Passive Components, 19.7% from Magnetic Application Products and 4.5% from Other

TDK revenue breakdown by geographic segment: 71.7% from Asia and Other, 8.2% from Japan, 12.1% from Europe and 8.0% from Americas

JPY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 1.2t | 1.3t | 1.4t |

| 2% | 8% | 9% |

## Cost of goods sold | 855.9b | 928.5b | 985.3b |

## Gross profit | 322.3b | 343.2b | 396.5b |

| 27% | 27% | 29% |

## General and administrative expense | 239.4b | 257.6b | 287.6b |

## Operating expense total | 113.6b | 253.5b | 288.7b |

## EBIT | 208.7b | 89.7b | 107.8b |

| 18% | 7% | 8% |

## Interest expense | 3.4b | 4.5b | 4.2b |

## Interest income | 4.2b | 6.4b | 7.7b |

## Pre tax profit | 211.7b | 89.8b | 115.6b |

## Income tax expense | 66.2b | 25.8b | 33.0b |

## Net Income | 145.6b | 64.0b | 82.6b |

JPY | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
---|---|---|---|---|---|---|---|

## Revenue | 289.5b | 334.0b | 341.1b | 343.1b | 378.9b | 350.8b | 336.8b |

## Cost of goods sold | 213.3b | 243.2b | 243.5b | 248.3b | 263.8b | 244.0b | 240.8b |

## Gross profit | 76.2b | 90.9b | 97.6b | 94.8b | 115.0b | 106.8b | 96.0b |

| 26% | 27% | 29% | 28% | 30% | 30% | 29% |

## General and administrative expense | 62.3b | 65.4b | 65.4b | 70.3b | 74.6b | 74.9b | 71.9b |

## Operating expense total | 64.0b | 66.6b | 65.7b | 71.3b | 78.3b | 75.8b | 72.7b |

## EBIT | 15.6b | 26.6b | 32.4b | 25.4b | 36.8b | 32.8b | 25.0b |

| 5% | 8% | 10% | 7% | 10% | 9% | 7% |

## Interest expense | 946.0m | 1.2b | 1.2b | 1.1b | 1.1b | 1.0b | 1.1b |

## Interest income | 1.4b | 1.6b | 1.6b | 1.9b | 1.6b | 1.8b | 2.5b |

## Pre tax profit | 16.9b | 27.3b | 33.5b | 23.7b | 34.1b | 31.0b | 24.7b |

## Income tax expense | 5.8b | 7.4b | 11.7b | 7.4b | 9.1b | 8.6b | 9.0b |

## Net Income | 11.2b | 19.9b | 21.8b | 16.3b | 25.0b | 22.4b | 16.3b |

JPY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 330.4b | 279.6b | 289.2b |

## Accounts Receivable | 254.9b | 304.0b | 308.2b |

## Inventories | 154.5b | 207.5b | 226.9b |

## Current Assets | 866.1b | 899.9b | 922.5b |

## PP&E | 464.7b | 545.6b | 603.1b |

## Goodwill | 61.0b | 157.9b | 164.8b |

## Total Assets | 1.7t | 1.9t | 2.0t |

## Accounts Payable | 176.6b | 226.8b | 189.9b |

## Short-term debt | 120.2b | 189.1b | 312.6b |

## Current Liabilities | 477.6b | 603.0b | 714.3b |

## Long-term debt | 213.9b | 293.9b | 207.7b |

## Non-Current Liabilities | 384.6b | 470.9b | 394.4b |

## Total Debt | 334.1b | 483.0b | 520.3b |

## Total Liabilities | 862.2b | 1.1t | 1.1t |

## Common Stock | 32.6b | 32.6b | 32.6b |

## Additional Paid-in Capital | 15.3b | 8.7b | 6.0b |

## Retained Earnings | 833.9b | 874.6b | 735.6b |

## Total Equity | 802.1b | 831.2b | 883.8b |

## Debt to Equity Ratio | 0.4 x | 0.6 x | 0.6 x |

## Debt to Assets Ratio | 0.2 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.1 x | 2.3 x | 2.3 x |

JPY | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | 145.6b | 64.0b | 82.6b |

## Depreciation and Amortization | 87.5b | 92.2b | 106.6b |

## Accounts Receivable | (59.2b) | (52.0b) | (3.4b) |

## Inventories | (21.7b) | (49.7b) | (23.0b) |

## Accounts Payable | 67.9b | 53.8b | (12.2b) |

## Cash From Operating Activities | 160.1b | 91.3b | 140.3b |

## Cash From Investing Activities | (71.1b) | (246.1b) | (140.2b) |

## Short-term Borrowings | (81.1b) | 48.1b | 95.8b |

## Long-term Borrowings | (52.2b) | (64.9b) | (68.9b) |

## Dividends Paid | (15.1b) | (15.1b) | (18.9b) |

## Cash From Financing Activities | (37.8b) | 110.1b | 9.4b |

## Net Change in Cash | 44.9b | (50.8b) | 9.6b |

## Free Cash Flow | (7.5b) | (87.3b) | (33.3b) |

JPY | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
---|---|---|---|---|---|---|---|

## Net Income | 11.2b | 31.0b | 52.8b | 16.3b | 41.3b | 63.7b | 15.7b |

## Depreciation and Amortization | 20.6b | 43.2b | 67.2b | 25.5b | 52.4b | 79.8b | 29.6b |

## Accounts Receivable | (29.6b) | (72.3b) | (74.4b) | (33.6b) | (82.3b) | (35.7b) | (33.5b) |

## Inventories | (23.1b) | (32.6b) | (43.0b) | (18.6b) | (22.5b) | (36.0b) | (15.0b) |

## Accounts Payable | 19.7b | 44.9b | 50.7b | (4.7b) | 11.8b | 4.9b | 12.7b |

## Cash From Operating Activities | (19.6b) | (10.8b) | 31.0b | (36.3b) | 7.7b | 90.4b | 7.8b |

## Cash From Investing Activities | 168.3b | (198.8b) | (203.7b) | (23.5b) | (55.0b) | (95.8b) | (45.4b) |

## Short-term Borrowings | 109.2b | 56.1b | 33.5b | 43.8b | 61.7b | 86.6b | 34.5b |

## Long-term Borrowings | (300.0m) | (43.1b) | (43.4b) | (10.2b) | (36.6b) | (46.6b) | (2.0b) |

## Dividends Paid | (7.4b) | (7.6b) | (15.1b) | (8.7b) | (8.8b) | (18.9b) | (8.7b) |

## Cash From Financing Activities | 168.3b | 143.3b | 113.0b | 168.3b | 14.7b | 113.0b | 22.6b |

## Net Change in Cash | (25.3b) | (59.8b) | (51.0b) | (28.2b) | (28.5b) | (51.0b) | (26.9b) |

## Free Cash Flow | (62.6b) | (95.5b) | (102.0b) | (78.6b) | (69.3b) | (26.9b) | (43.1b) |

INR | Y, 2019 |
---|---|

## Debt/Equity | 0.5 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 2.4 x |