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Teac

TSE:6803
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6803
TSE
¥7B
Market Cap
  1. Home
  2. JP
  3. Tech
Company description

Teac Corporation produces and sells home audio products, consumer electronics tools, and industrial products worldwide. The last earnings update was 30 days ago. More info.


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6803 Share Price and Events
7 Day Returns
3%
TSE:6803
0.3%
JP Tech
0.2%
JP Market
1 Year Returns
-4.4%
TSE:6803
1.5%
JP Tech
5.5%
JP Market
6803 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Teac (6803) 3% 18.5% 23.4% -4.4% -56.9% -60.5%
JP Tech 0.3% 4% 10.5% 1.5% -4.1% -11.6%
JP Market 0.2% 0.5% 10.6% 5.5% 13.7% 25.3%
1 Year Return vs Industry and Market
  • 6803 underperformed the Tech industry which returned 1.5% over the past year.
  • 6803 underperformed the Market in Japan which returned 5.5% over the past year.
Price Volatility
6803
Industry
5yr Volatility vs Market

Value

 Is Teac undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Teac. This is due to cash flow or dividend data being unavailable. The share price is ¥237.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Teac's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Teac's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:6803 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥10.66
TSE:6803 Share Price ** TSE (2019-12-04) in JPY ¥237
Japan Tech Industry PE Ratio Median Figure of 22 Publicly-Listed Tech Companies 16.03x
Japan Market PE Ratio Median Figure of 3,068 Publicly-Listed Companies 15.46x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Teac.

TSE:6803 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6803 Share Price ÷ EPS (both in JPY)

= 237 ÷ 10.66

22.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Teac is overvalued based on earnings compared to the JP Tech industry average.
  • Teac is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does Teac's expected growth come at a high price?
Raw Data
TSE:6803 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Tech Industry PEG Ratio Median Figure of 16 Publicly-Listed Tech Companies 2.21x
Japan Market PEG Ratio Median Figure of 1,368 Publicly-Listed Companies 1.88x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Teac, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Teac's assets?
Raw Data
TSE:6803 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥30.16
TSE:6803 Share Price * TSE (2019-12-04) in JPY ¥237
Japan Tech Industry PB Ratio Median Figure of 26 Publicly-Listed Tech Companies 1.08x
Japan Market PB Ratio Median Figure of 3,527 Publicly-Listed Companies 1.12x
TSE:6803 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6803 Share Price ÷ Book Value per Share (both in JPY)

= 237 ÷ 30.16

7.86x

* Primary Listing of Teac.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Teac is overvalued based on assets compared to the JP Tech industry average.
X
Value checks
We assess Teac's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Teac has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Teac expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Teac has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.5%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Teac expected to grow at an attractive rate?
  • Unable to compare Teac's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Teac's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare Teac's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSE:6803 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Tech Industry Earnings Growth Rate Market Cap Weighted Average 6.5%
Japan Tech Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.4%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSE:6803 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:6803 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSE:6803 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 15,467 82 307
2019-06-30 15,463 88 83
2019-03-31 15,682 -314 51
2018-12-31 15,863 -111 317
2018-09-30 16,240 -15 261
2018-06-30 16,820 -359 652
2018-03-31 17,016 -12 249
2017-12-31 17,053 233 380
2017-09-30 17,370 -573 -85
2017-06-30 17,151 -517 -266
2017-03-31 17,346 -702 -52
2016-12-31 17,840 -485 -433

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Teac is high growth as no earnings estimate data is available.
  • Unable to determine if Teac is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSE:6803 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Teac Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6803 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSE:6803 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 10.66
2019-06-30 2.88
2019-03-31 1.77
2018-12-31 11.00
2018-09-30 9.06
2018-06-30 22.63
2018-03-31 8.64
2017-12-31 13.19
2017-09-30 -2.95
2017-06-30 -9.23
2017-03-31 -1.80
2016-12-31 -15.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Teac will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Teac's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Teac's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Teac has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Teac performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Teac's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Teac has delivered over 20% year on year earnings growth in the past 5 years.
  • Teac's 1-year earnings growth is less than its 5-year average (17.6% vs 61.3%)
  • Teac's earnings growth has exceeded the JP Tech industry average in the past year (17.6% vs -5.8%).
Earnings and Revenue History
Teac's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Teac Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6803 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 15,467.00 307.00 6,195.00
2019-06-30 15,463.00 83.00 6,206.00
2019-03-31 15,682.00 51.00 6,278.00
2018-12-31 15,863.00 317.00 6,320.00
2018-09-30 16,240.00 261.00 6,442.00
2018-06-30 16,820.00 652.00 6,552.00
2018-03-31 17,016.00 249.00 6,602.00
2017-12-31 17,053.00 380.00 6,628.00
2017-09-30 17,370.00 -85.00 6,793.00
2017-06-30 17,151.00 -266.00 6,922.00
2017-03-31 17,346.00 -52.00 7,173.00
2016-12-31 17,840.00 -433.00 7,380.00
2016-09-30 18,543.00 34.00 7,530.00
2016-06-30 19,577.00 -261.00 7,710.00
2016-03-31 20,455.00 -196.00 7,750.00
2015-12-31 21,051.00 -1,320.00 7,843.00
2015-09-30 21,125.00 -1,397.00 7,878.00
2015-06-30 20,892.00 -1,591.00 8,003.00
2015-03-31 20,328.00 -1,831.00 8,058.00
2014-12-31 21,719.00 62.00 8,348.00
2014-09-30 21,563.00 -24.00 8,558.00
2014-06-30 21,859.00 156.00 8,641.00
2014-03-31 22,444.00 -248.00 8,960.00
2013-12-31 22,341.00 -1,199.00 9,067.00
2013-09-30 22,320.00 -885.00 8,960.00
2013-06-30 22,181.00 -859.00 8,932.00
2013-03-31 22,236.00 -323.00 8,770.00
2012-12-31 22,489.00 432.00 8,853.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Teac has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Teac used its assets less efficiently than the JP Tech industry average last year based on Return on Assets.
  • Teac has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Teac's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Teac has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Teac's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Teac's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Teac is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Teac's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Teac's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Teac Company Filings, last reported 2 months ago.

TSE:6803 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 955.00 2,841.00 1,649.00
2019-06-30 905.00 2,854.00 1,867.00
2019-03-31 1,319.00 2,664.00 1,716.00
2018-12-31 671.00 3,045.00 1,687.00
2018-09-30 671.00 3,167.00 2,259.00
2018-06-30 799.00 3,212.00 2,432.00
2018-03-31 911.00 2,776.00 2,142.00
2017-12-31 457.00 2,871.00 1,341.00
2017-09-30 333.00 2,708.00 1,467.00
2017-06-30 21.00 2,802.00 2,039.00
2017-03-31 637.00 2,650.00 2,097.00
2016-12-31 45.00 2,816.00 1,394.00
2016-09-30 -120.00 2,526.00 2,019.00
2016-06-30 -91.00 2,610.00 2,165.00
2016-03-31 802.00 2,447.00 2,524.00
2015-12-31 1,375.00 2,892.00 1,821.00
2015-09-30 1,303.00 2,620.00 2,079.00
2015-06-30 1,737.00 2,517.00 2,618.00
2015-03-31 3,202.00 2,238.00 2,831.00
2014-12-31 3,932.00 1,666.00 3,338.00
2014-09-30 3,491.00 1,480.00 3,412.00
2014-06-30 3,478.00 1,701.00 3,400.00
2014-03-31 3,678.00 2,522.00 3,180.00
2013-12-31 3,597.00 3,343.00 2,975.00
2013-09-30 3,086.00 4,343.00 3,638.00
2013-06-30 3,348.00 4,602.00 4,651.00
2013-03-31 4,243.00 4,797.00 4,422.00
2012-12-31 3,494.00 4,693.00 4,592.00
  • Teac's level of debt (297.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (36.1% vs 297.5% today).
  • Debt is not well covered by operating cash flow (2.9%, less than 20% of total debt).
  • Teac earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Teac's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Teac has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Teac's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Teac dividends.
If you bought ¥2,000 of Teac shares you are expected to receive ¥0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Teac's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Teac's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSE:6803 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Japan Tech Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 3.5%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2972 Stocks 2.3%
Japan Minimum Threshold Dividend Yield 10th Percentile 0.8%
Japan Bottom 25% Dividend Yield 25th Percentile 1.3%
Japan Top 25% Dividend Yield 75th Percentile 3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSE:6803 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Teac has not reported any payouts.
  • Unable to verify if Teac's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Teac's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Teac has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Teac's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Teac afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Teac has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Teac's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yuji Hanabusa
AGE 58
TENURE AS CEO 6.5 years
CEO Bio

Mr. Yuji Hanabusa has been the Chief Executive Officer and President of Teac Corporation since June 2006 and June 2013 respectively. Mr. Hanabusa joined Teac Corp. in April 1985 and served as its Manager of Tascam Department since February 2001; Executive Officer and Tascam Business Unit Manager since June 2004 and Entertainment Company President since May 2005. Mr. Hanabusa has been a Representative Director of Teac Corporation since June 2006. Mr. Hanabusa served as a Director of TTA Holdings Limited until November 1, 2006.

CEO Compensation
  • Insufficient data for Yuji to compare compensation growth.
  • Insufficient data for Yuji to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team

Yuji Hanabusa

TITLE
Chief Executive Officer
AGE
58
TENURE
6.5 yrs

Yoshihide Nomura

TITLE
Chief Financial Officer and Executive Director
AGE
65
TENURE
6.5 yrs

Hiroshi Tokushige

TITLE
General Manager of SCM Division

Kenji Hayashi

TITLE
Manager of Intellectual Property & Legal Affairs Department and Executive Officer

Shinya Yoshino

TITLE
GM of Development Division & Exec. Officer

Keisuke Yoshida

TITLE
Senior Exec. Officer
AGE
64

Nobuo Wada

TITLE
Executive Officer and Manager of Corporate Planning Office
AGE
71

Koichiro Nakamura

TITLE
Executive Officer

Kevin Reynolds

TITLE
Executive Officer

Hiroshi Oshima

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Teac board of directors in years:

6.5
Average Tenure
61.5
Average Age
  • The tenure for the Teac board of directors is about average.
Board of Directors

Yoshihide Nomura

TITLE
Chief Financial Officer and Executive Director
AGE
65
TENURE
12.5 yrs

Nobuaki Makino

TITLE
Director
AGE
70

Yuji Hanabusa

TITLE
Chief Executive Officer
AGE
58
TENURE
13.5 yrs

Takumi Hara

TITLE
External Director
AGE
48

Henry Juszkiewicz

TITLE
Director
AGE
66
TENURE
6.5 yrs

Dave Berryman

TITLE
Director
AGE
67
TENURE
6.5 yrs

Yoji Sakaguchi

TITLE
External Director
AGE
47

Gerard Danjou

TITLE
Director
AGE
51

John Campbell

TITLE
Director
TENURE
0.9 yrs

Bryan Follis

TITLE
Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess Teac's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Teac has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Teac Corporation produces and sells home audio products, consumer electronics tools, and industrial products worldwide. Its audio products comprise high-end and general audio products; audio equipment for music production and broadcasting; and contract/professional audio products. The company’s information products include recording and reproducing equipment for aircraft, medical image recording and reproducing products, and optical drives for industrial market, as well as measurement products, such as sensors, transducers, and data recorders; and in-flight entertainment, data storage, and disc publishing products. It also provides commissioned design and contract manufacturing solutions; business solutions; and repair and maintenance services. The company was founded in 1953 and is headquartered in Tama, Japan. Teac Corporation is a subsidiary of Gibson Brands, Inc.

Details
Name: Teac Corporation
6803
Exchange: TSE
Founded: 1953
¥6,827,945,589
28,809,897
Website: http://www.teac.co.jp
Address: Teac Corporation
1-47 Ochiai,
Tama,
Tokyo, 206-8530,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6803 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
Number of employees
Current staff
Staff numbers
666
Teac employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/08 14:58
End of day share price update: 2019/12/04 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/11/08
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.