Tsugami Corporation

Tokyo Stock Exchange 6101.T

Tsugami Corporation Interest Coverage Ratio for the year ending March 31, 2024: 38.29

Tsugami Corporation Interest Coverage Ratio is 38.29 for the year ending March 31, 2024, a 56.32% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Tsugami Corporation Interest Coverage Ratio for the year ending March 31, 2023 was 24.49, a -46.92% change year over year.
  • Tsugami Corporation Interest Coverage Ratio for the year ending March 31, 2022 was 46.15, a 95.41% change year over year.
  • Tsugami Corporation Interest Coverage Ratio for the year ending March 31, 2021 was 23.62, a 220.74% change year over year.
  • Tsugami Corporation Interest Coverage Ratio for the year ending March 31, 2020 was 7.36, a -95.26% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Tokyo Stock Exchange: 6101.T

Tsugami Corporation

CEO Mr. Takao Nishijima
IPO Date Jan. 1, 2001
Location Japan
Headquarters 12-20, Tomizawa-cho
Employees 3,063
Sector Industrials
Industries
Description

Tsugami Corporation, together with its subsidiaries, manufactures and sells precision machine tools in Japan. The company offers CNC precision automatic lathes, including independent opposed gang tool type, opposed gang tool type, gang-tool slede and turret, and chuck work products; and CNC lathes. It also offers precision turning center products; precision machining center products comprising vertical and horizontal machining centers; precision grinding machines, such as CNC cylindrical grinding machines; and rolling machines. In addition, the company installs and repairs machine tools; inspects and maintains buildings and facilities of factories; and operates as a non-life insurance agency, as well as undertakes various business activities, such as research on individual companies and other services. It also operates in China, Thailand, South Korea, Singapore, the Philippines, India, the United States, Switzerland, Germany, France, Italy, and Mexico. The company serves various industries, including electronics, information and telecommunications, and automobile industries. The company was formerly known as Tsugami Mfg., Co., Ltd. and changed its name to Tsugami Corporation in November 1970. Tsugami Corporation was founded in 1937 and is headquartered in Tokyo, Japan.

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StockViz Staff

February 1, 2025

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