Ichinen Holdings Co., Ltd.

Tokyo Stock Exchange 9619.T

Ichinen Holdings Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2024: 80.04

Ichinen Holdings Co., Ltd. Interest Coverage Ratio is 80.04 for the year ending March 31, 2024, a 106.31% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Ichinen Holdings Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2023 was -1,268.96, a 8.77% change year over year.
Ichinen Holdings Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2022 was -1,390.92, a -34.86% change year over year.
Ichinen Holdings Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2021 was -1,031.35, a 20.64% change year over year.
Ichinen Holdings Co., Ltd. Interest Coverage Ratio for the year ending March 31, 2020 was -1,299.54, a -16.69% change year over year.

Key data

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

Tokyo Stock Exchange: 9619.T

Ichinen Holdings Co., Ltd.

CEO	Mr. Masashi Kuroda
IPO Date	April 25, 2003
Location	Japan
Headquarters	4-10-6 Nishinakajima
Employees	2,031
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles Chemicals & Advanced Materials Cleaning Supplies Composite Materials Machinery Petrochemicals Plastics

Description

Ichinen Holdings Co., Ltd. engages in automotive leasing, chemical, parking, machine tool sales, and synthetic resin businesses in Japan. It provides automobile leasing, fuel sales, and automotive maintenance and outsourcing services; and manufactures various chemical products to power, iron, and steel plants, as well as to repair shops and households. The company also operates parking lots and plots for facilities, such as supermarkets and hospitals, parking garages affiliated with tenant buildings, and idle lands; and offers automotive, industrial machine, air conditioning, and do-it-yourselfers tools. In addition, it manufactures and sells synthetic resins. The company was formerly known as Kuroda Shoji Co., Ltd. and changed its name to Ichinen Holdings Co., Ltd. in 2008. Ichinen Holdings Co., Ltd. was founded in 1930 and is headquartered in Osaka, Japan.

Key trends

Past 5 years