|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||143.32 - 145.00|
|52 Week Range||73.75 - 175.64|
|Beta (5Y Monthly)||1.41|
|PE Ratio (TTM)||35.08|
|Forward Dividend & Yield||1.70 (1.18%)|
|Ex-Dividend Date||Sep 28, 2020|
|1y Target Est||202.86|
TDK Ventures Inc. closed its second fund, totaling $150 million in new capital, for early-stage, materials science and hard-tech startups.
TTDKY vs. IIN: Which Stock Is the Better Value Option?
Rating Action: Moody's downgrades TDK's rating to Baa1 from A3; outlook stableGlobal Credit Research - 16 Feb 2021Tokyo, February 16, 2021 -- Moody's Japan K.K. has downgraded the issuer rating of TDK Corporation (TDK) to Baa1 from A3.At the same time, Moody's has changed the outlook to stable from negative."TDK's Baa1 rating indicates its fundamental credit profile without Japan support, its positioning relative to global peers, and the risks related to increased investments to make large-volume power-cell batteries a new core business," says Ryohei Nishio, a Moody's Analyst.RATINGS RATIONALEThe Baa1 rating indicates TDK's fundamental credit profile without uplift for Japan's institutional support, which was a key consideration in the downgrade. This rating construct takes into account the company's material overseas operations, with its overseas sales and employee ratio now comprising over 90% and overseas production ratio over 80%.Moody's ascribes less institutional support to such companies with extensive overseas operations, because of their proportionally reduced reliance on the domestic economy.