Non-Energy Minerals Aichi Steel Corp. 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 Company, Forging Company, Smart Company, and Other. The Steel Company segment offers hot-rolled steel materials, secondary steel processing products, and steelmaking materials. The Forging Company segment provides stamped and forged products for automobile and machine parts. The Smart Company segment includes electronic functional materials, magnet application products, and metal fibers. The Other segment deals in computer software development, sales of goods, and greening activities. The company was founded by Kiichiro Toyoda on March 8, 1940 and is headquartered in Tokai, Japan.
Financial Highlights
Mar 2023
JPY USD Revenue 285,141M 2,104.09M Gross Profit 27,906M 205.92M Operating income 3,923M 28.94M Income before tax 4,099M 30.24M Net income 1,610M 11.88M EBITDA 21,744M 160.45M Diluted EPS 81.63 0.60 Dividends Per Share 30 0.22 Total Assets 385,449M 2,896.15M Total liabilities 171,124M 1,285.77M Total equity 203,759M 1,530.98M Operating cash flow 13,028M 96.13M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
257,315M
242,262M
202,247M
260,117M
285,141M
Gross Profit
34,206M
37,108M
26,211M
26,307M
27,906M
Operating income
11,120M
13,902M
4,832M
3,122M
3,923M
Income before tax
10,455M
13,158M
5,552M
2,895M
4,099M
Net income
6,503M
8,544M
3,137M
1,090M
1,610M
EBITDA
25,543M
29,786M
21,735M
20,398M
21,744M
Diluted EPS
330.38
434.05
159.22
55.25
81.63
Dividends Per Share
120
130
45
30
30
Total Assets
290,294M
288,889M
353,043M
364,400M
385,449M
Total liabilities
128,401M
125,195M
150,156M
151,921M
171,124M
Total equity
152,638M
154,648M
192,953M
201,548M
203,759M
Operating cash flow
13,580M
36,308M
15,896M
5,210M
13,028M
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
2,320.35M
2,228.19M
1,906.95M
2,314.77M
2,104.09M
Gross Profit
308.45M
341.29M
247.13M
234.10M
205.92M
Operating income
100.27M
127.86M
45.56M
27.78M
28.94M
Income before tax
94.27M
121.02M
52.34M
25.76M
30.24M
Net income
58.64M
78.58M
29.57M
9.69M
11.88M
EBITDA
230.33M
273.95M
204.93M
181.52M
160.45M
Diluted EPS
2.97
3.99
1.50
0.49
0.60
Dividends Per Share
1.08
1.19
0.42
0.26
0.22
Total Assets
2,622.70M
2,676.01M
3,194.95M
3,002.26M
2,896.15M
Total liabilities
1,160.05M
1,159.69M
1,358.87M
1,251.66M
1,285.77M
Total equity
1,379.03M
1,432.52M
1,746.18M
1,660.53M
1,530.98M
Operating cash flow
122.45M
333.94M
149.88M
46.36M
96.13M
Valuation Measures
Mar 2023
PER 28.66 ROA 0.42% ROE 0.79% Operating margin 1.37% Profit margin 0.56%
Management
President & Representative Director:
Naohide Goto
Executive Officer & Head-IT Management:
Masato Soji
Representative Director & Vice President:
Motoshi Nakamura
Director & Managing Executive Officer:
Ichie Nomura
Senior Executive Officer & GM-Customer:
Toshiyuki Yamanaka Shareholders
Toyota Motor Corp. (23.7%)
NIPPON STEEL CORP. (7.7%)
Toyota Industries Corp. (6.8%)
Sumitomo Mitsui Financial Group, Inc. (2.4%)
Mitsubishi UFJ Financial Group, Inc. (2.3%)
Toyota Fudosan Co., Ltd. (2.3%)
Aichi Steel Employee Stock Ownership Plan (2.0%)
Dimensional Fund Advisors LP (2.0%)
The Vanguard Group, Inc. (1.9%)
Nomura Asset Management Co., Ltd. (1.7%)
Related Companies
Aichi Steel Business Association
Aichi Steel Employee Stock Ownership Plan
Aichi Steel Restricted Stock Compensation Plan
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/
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Last Updated on 25 Sep, 2023
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