Noritake Co., Limited

Tokyo Stock Exchange 5331.T

Noritake Co., Limited Return on Capital Employed (ROCE) for the year ending March 31, 2024: 9.61%

Noritake Co., Limited Return on Capital Employed (ROCE) is 9.61% for the year ending March 31, 2024, a 5.52% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Noritake Co., Limited Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 9.11%, a 1.52% change year over year.
Noritake Co., Limited Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 8.97%, a 172.26% change year over year.
Noritake Co., Limited Return on Capital Employed (ROCE) for the year ending March 31, 2021 was 3.30%, a -26.70% change year over year.
Noritake Co., Limited Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 4.50%, a -57.53% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

Tokyo Stock Exchange: 5331.T

Noritake Co., Limited

CEO	Mr. Hiroshi Kato
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	3-1-36, Noritake-Shinmachi
Employees	4,821
Sector	Materials
Industries Ceramics Chemicals & Advanced Materials

Description

Noritake Co., Limited manufactures and sells industrial, ceramic and material, tabletop, and engineering products in Japan and internationally. The company offers industrial products, such as abrasive wheels, coated abrasives, diamond and CBN tools, and grinding and polishing related products to automotive, steel, and bearing industries. Its ceramics and materials products include electronic pastes for multilayer ceramic capacitors and other electronic parts; thick film circuit boards for automotive, medical instruments, and light emitting diodes; and vacuum fluorescent displays and ceramic cores. In addition, the company develops and produces various engineering equipment, such as mixers for combining ingredients in chemical, medical, and food products; and filtration systems in grinding and polishing processes, as well as heating equipment for automobiles, electronic components, and energy-related industries. Further, it offers tabletop products comprising tableware for dining. Noritake Co., Limited was founded in 1904 and is headquartered in Nagoya, Japan.

Key trends

Past 5 years