Meidensha Corporation

Tokyo Stock Exchange 6508.T

Meidensha Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2024: 7.91%

Meidensha Corporation Return on Capital Employed (ROCE) is 7.91% for the year ending March 31, 2024, a 75.23% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • Meidensha Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 4.52%, a -11.05% change year over year.
  • Meidensha Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 5.08%, a 6.11% change year over year.
  • Meidensha Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2021 was 4.79%, a -36.31% change year over year.
  • Meidensha Corporation Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 7.51%, a 16.87% 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: 6508.T

Meidensha Corporation

CEO Mr. Takeshi Miida
IPO Date Jan. 4, 2000
Location Japan
Headquarters ThinkPark Tower
Employees 9,810
Sector Industrials
Industries
Description

Meidensha Corporation engages in the social infrastructure systems, industrial systems, maintenance and servicing, and real estate businesses in Japan and internationally. Its Social Infrastructure Systems segment provides products and services related to social infrastructure, including power generation and transmission systems. The company's Industrial Systems segment offers products and services, such as industrial components, dynamometer systems, and automatic guided vehicles to businesses in the general manufacturing Industry. Its Maintenance and Service segment engages in the maintenance business. The company's Real Estate segment rents office spaces and commercial buildings. Its Other segment manufactures and markets electrochemical measuring equipment and electric insulation materials; and provides employees welfare and goods merchandising services. The company also engages in the maintenance and operation management for water, sewerage, and industrial water treatment facilities, industrial wastewater treatment facilities, and general and industrial waste treatment facilities; engages in wind power generation business; designs, manufactures, sells, and repairs hydroelectric generators and peripherals; manufactures and sells switchboards, control panels, and their components; act as an insurance agent; and develops software, as well as designs, sells, and rents computer systems and networks. Meidensha Corporation was founded in 1897 and is headquartered in Tokyo, Japan.

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StockViz Staff

January 16, 2025

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