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Added to YB: 2025-07-08

Pitch date: 2025-07-04

3513.T [bullish]

Ichikawa Co., Ltd.

+30.14%

current return

Author Info

No bio for this author

Company Info

Ichikawa Co., Ltd. manufactures and sells paper making and industrial felts in Japan and internationally.

Market Cap

JPY 7.5B

Pitch Price

JPY 1.7K

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.99

P/E

9.69

EV/Sales

0.14

Sector

Machinery

Category

dividend

Show full summary:
Cash and Balance: Ichikawa

3513.T: Ichikawa makes critical paper press felts/belts (90% of sales) with 1-12 month replacement cycles. Consistent but flat revenue (15yrs) with 70% from Japan. Net-net at 0.35x BV with cash = 71.4% of market cap. 4.5% dividend + 2.5-3% buybacks = 7% yield. Low ROE (4.7% peak), but mgmt increasing buybacks.

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