Ad-Sol Nissin Corporation

Tokyo Stock Exchange 3837.T

Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2024: 18.19%

Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) is 18.19% for the year ending March 31, 2024, a 8.36% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 16.79%, a -0.87% change year over year.
  • Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 16.93%, a -23.06% change year over year.
  • Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2021 was 22.01%, a -3.17% change year over year.
  • Ad-Sol Nissin Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 22.73%, a 10.26% change year over year.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
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Tokyo Stock Exchange: 3837.T

Ad-Sol Nissin Corporation

Description

Ad-Sol Nissin Corporation develops information and embedded systems for companies in Japan. The company offers various ZigBee products, such as wireless communication standard implementing multi-pop communication; tag solution for managing the location of people and objects; communication checker, which allows checkers to check the communication status between two points; and communication environment evaluation tool, a support tool to evaluate the wireless communication environment and communication performance. It also provides power line communication environment evaluation software that allows communication using existing power lines without the need for new wiring; and ruby technology platform. In addition, the company offers Touch Tag products comprises of starter kits for electric field communication. Further, the company provides hands-free authentication systems for individual authentication from natural behavior that does not require an ID card to be held over a reader; and energy monitoring systems for visualization of energy. Additionally, it provides consulting, maintenance, and information system life cycle services. Ad-Sol Nissin Corporation primarily serves power/gas utilities, rail, roads, and financial services. Ad-Sol Nissin Corporation was founded in 1976 and is headquartered in Tokyo, Japan.

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StockViz Staff

February 2, 2025

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