ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconIcon FacebookIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Non-Energy Minerals

Aichi Steel Corp.

  • 3,945.00 JPY
  • +5.00
  • +0.13%
  • Japan
    Nov 16, 2018
  • Ticker
    TKS(5482)
  • Prev. close
    3,940
  • Market cap (JPY)
    78,353.50M
  • Market cap (USD)
    691.00M
  • Shares
    19.88M

Business Summary

Aichi Steel Corp. engages in the manufacture and sale of specialty steels, forgings, and electromagnetic products. It operates through the following segments: Steel, Forged Products, Smart Company, and Others. The Steel segment produces hot rolled steel, stainless steel products, and secondary processed steel products. The Forged Products segment includes crankshafts, ring gears, and shafts. The Smart Company segment consists of electric functional materials and components, magnetic products, and metal fibers. The Others segment handles software development, sales of goods and tree planting. The company was founded by Kiichiro Toyoda on March 8, 1940 and is headquartered in Tokai, Japan.

Financial Highlights

Mar 2018 JPYUSD
Revenue236,237M2,131.47M
Gross Profit34,507M311.34M
Operating income11,814M106.59M
Income before tax12,371M111.61M
Net income8,183M73.83M
EBITDA25,632M231.26M
Diluted EPS415.683.75
Dividends Per Share1201.08
Total Assets277,847M2,612.57M
Total liabilities117,037M1,100.48M
Total equity151,891M1,428.21M
Operating cash flow13,164M118.77M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 237,420M 240,647M 214,120M 212,837M 236,237M
Gross Profit 29,743M 32,064M 27,021M 33,468M 34,507M
Operating income 9,627M 10,616M 6,029M 7,219M 11,814M
Income before tax 9,779M 10,693M 1,409M 8,045M 12,371M
Net income 5,503M 6,023M 20M 5,084M 8,183M
EBITDA 21,982M 22,449M 18,721M 19,572M 25,632M
Diluted EPS 279.80 306.20 1 258.28 415.68
Dividends Per Share 100 100 100 100 120
Total Assets 255,259M 268,064M 251,760M 273,107M 277,847M
Total liabilities 110,294M 106,395M 104,226M 121,831M 117,037M
Total equity 137,669M 153,356M 139,360M 143,032M 151,891M
Operating cash flow 14,992M 19,336M 25,193M 13,350M 13,164M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 2,370.13M 2,190.55M 1,783.08M 1,965.48M 2,131.47M
Gross Profit 296.92M 291.87M 225.01M 309.06M 311.34M
Operating income 96.10M 96.63M 50.20M 66.66M 106.59M
Income before tax 97.62M 97.33M 11.73M 74.29M 111.61M
Net income 54.93M 54.82M 0.16M 46.94M 73.83M
EBITDA 219.44M 204.34M 155.89M 180.74M 231.26M
Diluted EPS 2.79 2.78 0.00 2.38 3.75
Dividends Per Share 0.99 0.91 0.83 0.92 1.08
Total Assets 2,478.60M 2,235.26M 2,239.95M 2,450.92M 2,612.57M
Total liabilities 1,070.97M 887.17M 927.31M 1,093.34M 1,100.48M
Total equity 1,336.78M 1,278.76M 1,239.91M 1,283.60M 1,428.21M
Operating cash flow 149.66M 176.01M 209.79M 123.28M 118.77M

Valuation Measures

Mar 2018
PER10.48
ROA2.97%
ROE5.54%
Operating margin5.00%
Profit margin3.46%

Key executives

  • President & Representative Director: Takahiro Fujioka
  • Representative Director & Vice President: Hiroaki Asano
  • Executive Officer & Manager-Personnel: Masato Soji
  • Senior Executive Officer: Ichiro Murakami
  • Managing Executive Officer: Hiroaki Chino

Shareholders

  • Toyota Motor Corp. (23.7%)
  • Nippon Steel & Sumitomo Metal Corp. (7.7%)
  • Toyota Industries Corp. (6.8%)
  • Dai-ichi Life Holdings, Inc. (2.6%)
  • Sumitomo Mitsui Financial Group, Inc. (2.4%)
  • Mitsubishi UFJ Financial Group, Inc. (2.3%)
  • Dimensional Fund Advisors LP (2.3%)
  • Towa Real Estate Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (1.3%)
  • Norges Bank Investment Management (1.2%)

Contact Details

Related Companies

  • PT Aichi Forging Indonesia
  • AICHI Korea Corp.
  • Shanghai Aichi Forging Co. Ltd.
  • Unitika Ltd. /Amorphous Wire Business/
  • Aichi Magfine Czech sro
  • Aichi Steel Trust
  • Aichi Information System Co.
  • Aichi Europe GmbH
  • Aichi Seratech KK
  • OMI Mining Co. Ltd.
  • Asdex Corp.
  • Aichi Steel Logistic, Inc.
  • Aichi International (Thailand) Co. Ltd.
  • Aichi Forging Co. of Asia, Inc.
  • Aichi Forge USA, Inc.
  • Toshiba Corp. /Gifu Factory Operations/

Competitors

    Last Updated on 16 Nov, 2018

    You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

    Subscribe to get unlimited access to all articles.

    Get unlimited access
    NAR site on phone, device, tablet

    {{sentenceStarter}} {{numberReadArticles}} free article{{numberReadArticles-plural}} this month

    Stay ahead with our exclusives on Asia; the most dynamic market in the world.

    Benefit from in-depth journalism from trusted experts within Asia itself.

    Try 3 months for $9

    Offer ends September 30th

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to the Nikkei Asian Review has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media