Kawai Musical Instruments Manufacturing Co., Ltd.

Tokyo Stock Exchange 7952.T

Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2024: 60.45

Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio is 60.45 for the year ending March 31, 2024, a 1.83% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2023 was 59.36, a -35.76% change year over year.
Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2022 was 92.41, a 122.13% change year over year.
Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2021 was 41.60, a -38.07% change year over year.
Kawai Musical Instruments Manufacturing Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2020 was 67.18, a -7.34% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 7952.T

Kawai Musical Instruments Manufacturing Co., Ltd.

CEO	Mr. Kentarou Kawai
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	200 Terajima-cho
Employees	2,895
Sector	Consumer Discretionary
Industries Musical Instruments Specialty Retail

Description

Kawai Musical Instruments Manufacturing Co., Ltd. manufactures and sells musical instruments under the Kawai brand. It offers acoustic and digital piano instruments. The company also develops and sells computer music software, as well as software for small businesses; promotes music appreciation through lectures and concerts; and manufactures and sells precision metals, wood products, and electronic devices. In addition, it operates music and physical education schools; and learning centers in China, Taiwan, and Indonesia. Kawai Musical Instruments Manufacturing Co., Ltd. was founded in 1927 and is headquartered in Hamamatsu, Japan.

Key trends

Past 5 years