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Teac Corporation Company Snapshot
Teac Corporation operates in the Household audio and video equipment sector. In addition to historical fundamental analyses, the complete report available to purchase compares Teac with three other audio-visual equipment producers in Asia: Mirc Electronics Limited of INDIA (2021 sales of 7.66 billion Indian Rupees [US$101.70 million] of which 100% was Consumer Durables), Alco Holdings Limited of HONG KONG (1.28 billion Hong Kong Dollars [US$164.35 million] of which 51% was AV Products), and Fujikon Industrial Holdings Ltd which is also based in HONG KONG (890.82 million Hong Kong Dollars [US$114.50 million] of which 73% was Headsets and headphones).

Sales Analysis. During the first fiscal quarter of 2022, sales at Teac totalled ¥3.26 billion. This is an increase of 11.6% from the ¥2.92 billion in sales at the company during the first quarter of 2021. This was the largest same quarter increase in sales since the first fiscal quarter of 2016. Teac reported sales of ¥14.59 billion (US$128.82 million) for the fiscal year ending March of 2021. This represents a decrease of 1.1% versus 2020, when the company's sales were ¥14.75 billion. Contributing to the drop in overall sales was the 16.3% decline in Information Equipment Business, from ¥4.75 billion to ¥3.98 billion. There were also decreases in sales in Other (down 12.4% to ¥544.00 million) . However, these declines were partially offset by the increase in sales of Audio Equipment Business (up 7.4% to ¥10.07 billion) .
   
   
 
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Teac Corporation
  Stock Performance Chart for Teac Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (10/8/2021): 119.00
(Figures in Japanese Yen )
1 Week 1.7%   13 Weeks -1.7%  
4 Weeks -3.3%   52 Weeks -4.8%  
 
Teac Corporation Key Data:
  Ticker: 6803 Country: Japan
  Exchanges: TYO OTH Major Industry: Consumer Durables & Apparel
    Sub Industry: Household Audio & Video Equipment
  2021 Sales 14,589,000,000
(Year Ending Jan 2022).
Employees: 599
  Currency: Japanese Yen Market Cap: 3,428,198,410
  Fiscal Yr Ends: March Shares Outstanding: 28,808,390
  Share Type: Common Closely Held Shares: 601,800
 
 
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