Teac Corporation

Tokyo Stock Exchange 6803.T

Teac Corporation Return on Equity (ROE) for the year ending March 31, 2024: -1.48%

Teac Corporation Return on Equity (ROE) is -1.48% for the year ending March 31, 2024, a -115.13% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Teac Corporation Return on Equity (ROE) for the year ending March 31, 2023 was 9.80%, a -38.30% change year over year.
Teac Corporation Return on Equity (ROE) for the year ending March 31, 2022 was 15.88%, a -2.69% change year over year.
Teac Corporation Return on Equity (ROE) for the year ending March 31, 2021 was 16.32%, a 699.84% change year over year.
Teac Corporation Return on Equity (ROE) for the year ending March 31, 2020 was 2.04%, a -54.18% change year over year.

Key data

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

Tokyo Stock Exchange: 6803.T

Teac Corporation

CEO	Mr. Yuji Hanabusa
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	1-47 Ochiai
Employees	571
Sector	Consumer Discretionary
Industries Musical Instruments Aircrafts Automotive Parts Composite Materials Defense & Military Drones Hardware & Electronics Medical Instruments

Description

Teac Corporation engages in the audio and information product businesses in Japan and internationally. Its audio products comprise high-end and general audio products; audio equipment for music production and broadcasting; and contract/professional audio products. The company's information products include recording and reproducing equipment for aircraft, medical image recording and reproducing products, and optical drives for industrial market, as well as measurement products, such as sensors/transducers, and data recorders; and in-flight entertainment, data storage, and disc publishing products. It also provides commissioned design and contract manufacturing solutions; business solutions; and repair and maintenance services. The company was incorporated in 1948 and is headquartered in Tokyo, Japan. Teac Corporation is a subsidiary of Global Acoustic Partners LLC.

Key trends

Past 5 years