3388 Meiji Denki Industry
- Apr 1, 2025
- 1 min read
Meiji Denki Industry is a trading company specializing in FA engineering products. Over 40% of its business is related to Toyota. Actively expanding overseas. Financially sound.
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3 Comments
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at 2099 yen/share, 26.8 bil yen mkt cap vs 24 bil yen net cash
9.6x per / 0.78x pbr / 4.19% yield
"CEO shows up on IR calls, some initiative with capital allocation policy, robotics-related play"
https://x.com/kiyohara_stock/status/1926957485652377712
at share price of 1855, mkt cap is 23.7 bil yen vs net cash of 27 bil
per 8.4x / pbr 0.69x / div yield 4.74%