Nippon Tungsten Co., Ltd.

Tokyo Stock Exchange 6998.T

Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) for the year ending March 31, 2024: 5.08%

Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) is 5.08% for the year ending March 31, 2024, a -36.49% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 8.00%, a -3.22% change year over year.
Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 8.27%, a 2,354.46% change year over year.
Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) for the year ending March 31, 2021 was -0.37%, a -107.64% change year over year.
Nippon Tungsten Co., Ltd. Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 4.80%, a -50.02% 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: 6998.T

Nippon Tungsten Co., Ltd.

CEO	Mr. Shinji Goto
IPO Date	Jan. 4, 2001
Location	Japan
Headquarters	1-2-8 Minoshima
Employees	515
Sector	Materials
Industries Ceramics 3D Printing Automotive Parts Composite Materials Glass Lithium Plastics Steel

Description

Nippon Tungsten Co., Ltd. provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology. Its products include tungsten wire and rod, tungsten ribbon and SC molybdenum; resistance welding electrodes, TD/TCP/Starter contacts, silicon nitride, and roll press machine that are used in automobile manufacturing; and heavy alloys. The company's products also consist of discharge tungsten wire, electric discharge machining electrodes for use in electric machines and tools; cemented carbides and ceramic materials for use in wear resistant and shock resistant tools; NT die cutters and fine ceramic cutting tools; seal rings and sleeves, and corrosion resistant sliding materials; and porous ceramics for transferring workpieces. In addition, it is also engaged in real estate leasing and management; renewable energy power generation business; and sale of electricity. Nippon Tungsten Co., Ltd. was founded in 1931 and is headquartered in Fukuoka, Japan.

Key trends

Past 5 years