Onoken Co., Ltd.

Tokyo Stock Exchange 7414.T

Onoken Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2024: 0.49

Onoken Co., Ltd. Debt to Equity Ratio is 0.49 for the year ending March 31, 2024, a 21.70% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Onoken Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2023 was 0.41, a 11.39% change year over year.
Onoken Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2022 was 0.36, a 33.07% change year over year.
Onoken Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2021 was 0.27, a -32.40% change year over year.
Onoken Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2020 was 0.40, a -24.06% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Tokyo Stock Exchange: 7414.T

Onoken Co., Ltd.

CEO	Mr. Ken Ono
IPO Date	Dec. 18, 2003
Location	Japan
Headquarters	12-1, Nishi-Minatomachi
Employees	1,017
Sector	Materials
Industries Steel

Description

Onoken Co., Ltd. engages in the sale, fabrication, and import/export of steel in Japan. It offers steel plates, checker plates, expanded metals, hot rolled steel coils, and wire rods; and steel in various shapes, such as H-beams, angles, channels, flat bars, steel pipes, and column steels, as well as deformed steel bars. The company also sells construction materials, which include outside walls, sashes, roofs, fences, versatile steel boards, tiles, and slates, as well as ironware products. It serves the fabrication, shipbuilding, construction, equipment manufacturing, and coil center secondary product manufacturing markets. The company was formerly known as Ono Kenzai Co., Ltd. and changed its name to Onoken Co., Ltd. in February 1957. Onoken Co., Ltd. was founded in 1925 and is headquartered in Kitakyushu, Japan.

Key trends

Past 5 years