Showa Aircraft Industry Co., Ltd.
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Showa Aircraft Industry Co., Ltd. Financial Snapshot
Operating Performance
Fast Facts
600, Tanaka-cho, AKISHIMA-SHI, 196- The company reported revenue of US$274 million
Headquarters Address
8522,Japan during the fiscal year 2012 (2012). The company's
revenue grew at a CAGR of 3.16% during 2008–
Telephone + 81 42 5412111
2012, with an annual growth of 5.15% over 2011. In
2012, the company recorded an operating margin of
Fax + 81 42 5450147 5.75%, as against 5.25% in 2011.
Website www.showa-aircraft.co.jp
Revenue and Margins
Ticker Symbol, Stock Exchange 7404, The Tokyo Stock Exchange
Number of Employees 796
Fiscal Year End March
Revenue (in US$ million) 274
SWOT Analysis
Strengths Weaknesses Return on Equity
Diversified Product Portfolio Dependence on select region The company recorded a return on equity (ROE) of
1.96% for 2012, as compared to its peers, Koito
Manufacturing Co., Ltd. (Ticker: 7276), JAMCO
Focus on Research and Development Corporation (Ticker: 7408) and ShinMaywa Industries,
Ltd. (Ticker: 7224), which recorded ROEs of 8.36%,
Strong business structure 0.08% and -0.34% respectively. The company
reported an operating margin of 5.75% in 2012.
Opportunities Threats
Return on Equity
Increase in global defense spending Changing technology
Positive outlook for global airline
Government Contract Compliance
industry
Stringent Regulations
Liquidity Position
The company reported a current ratio of 1.22 in 2012,
as compared to its peers, Koito Manufacturing Co.,
Ltd., JAMCO Corporation and ShinMaywa Industries,
Ltd., which recorded current ratios of 1.48, 1.39 and
2.89 respectively. As of March 2012, the company
recorded cash and short-term investments of worth
US$75 million, against US$49 million current debt.
The company reported a debt to equity ratio of 0.66 in
2012 as compared to its peers, Koito Manufacturing
Co., Ltd., JAMCO Corporation and ShinMaywa
Industries, Ltd., which recorded debt to equity ratios
of 0.16, 1.48 and 0.13 respectively.
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Showa Aircraft Industry Co., Ltd. - SWOT Profile Page 1
Showa Aircraft Industry Co., Ltd.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ......................................................................................................................................... 5
1.2 Business Description ....................................................................................................................................... 5
1.3 Major Products and Services ........................................................................................................................... 6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ....................................... 7
2.2 Key Financial Performance Indicators ............................................................................................................ 10
2.2.1 Revenue and Operating Profit.................................................................................................................... 10
2.2.2 Asset and Liabilities ................................................................................................................................... 11
2.2.3 Net Debt vs. Gearing Ratio ........................................................................................................................ 12
2.2.4 Solvency ................................................................................................................................................... 13
2.2.5 Valuation ................................................................................................................................................... 14
2.3 Competitive Benchmarking ............................................................................................................................ 15
2.3.1 Market Capitalization ................................................................................................................................. 15
2.3.2 Efficiency................................................................................................................................................... 16
2.3.3 Valuation ................................................................................................................................................... 17
2.3.4 Turnover – Inventory and Asset ................................................................................................................. 18
2.3.5 Liquidity..................................................................................................................................................... 19
3 SWOT Analysis ...................................................................................................................................... 20
3.1 SWOT Analysis - Overview ............................................................................................................................ 20
3.2 Strengths ....................................................................................................................................................... 20
3.3 Weaknesses .................................................................................................................................................. 20
3.4 Opportunities ................................................................................................................................................. 21
3.5 Threats .......................................................................................................................................................... 21
4 History .................................................................................................................................................... 22
5 Key Employees ...................................................................................................................................... 24
6 Key Employee Biographies ................................................................................................................... 25
7 Appendix ................................................................................................................................................ 26
7.1 Methodology .................................................................................................................................................. 26
7.2 Ratio Definitions ............................................................................................................................................ 26
7.3 Disclaimer ..................................................................................................................................................... 30
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Showa Aircraft Industry Co., Ltd. - SWOT Profile Page 2
Showa Aircraft Industry Co., Ltd.
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List of Tables
Table 1: Major Products and Services .....................