Consumer Non-Durables

Artnature, Inc.

In the news

Japanese wig market faces upheaval Feb 21, 2017
Japanese companies target Chinese shoppers via the Net Mar 12, 2016

Business Summary

Artnature, Inc. engages in the manufacture and sale of wigs and hairpieces. It operates through the following segments: Men's, Ladies' and Others. The Men's segment offers tailor-made wigs and hair care services for male clients. The Ladies' segment offers custom-made wigs, scalp and hair care systems, hair products, and beauty services for female clients. The Others segment includes ready-made wigs for men and women. The company was founded by Saburo Akutsu in April 1965 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	40,437M	359.84M
Gross Profit	26,912M	239.48M
Operating income	3,020M	26.87M
Income before tax	2,322M	20.66M
Net income	1,204M	10.71M
EBITDA	4,103M	36.51M
Diluted EPS	37.08	0.33
Dividends Per Share	28	0.24
Total Assets	46,674M	384.54M
Total liabilities	22,077M	181.89M
Total equity	24,584M	202.54M
Operating cash flow	2,505M	22.29M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	37,254M	37,985M	39,484M	35,868M	40,437M
Gross Profit	24,583M	25,296M	26,243M	23,012M	26,912M
Operating income	2,580M	3,228M	2,921M	1,933M	3,020M
Income before tax	1,343M	3,000M	2,567M	1,647M	2,322M
Net income	897M	1,864M	1,542M	839M	1,204M
EBITDA	3,759M	4,203M	3,981M	3,042M	4,103M
Diluted EPS	27.07	56.93	47.05	25.73	37.08
Dividends Per Share	28	28	28	28	28
Total Assets	40,888M	42,971M	43,163M	44,919M	46,674M
Total liabilities	16,863M	18,201M	17,824M	19,663M	22,077M
Total equity	24,008M	24,755M	25,324M	25,247M	24,584M
Operating cash flow	3,686M	4,449M	2,516M	4,232M	2,505M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	336.12M	342.53M	363.15M	338.19M	359.84M
Gross Profit	221.80M	228.10M	241.36M	216.97M	239.48M
Operating income	23.27M	29.10M	26.86M	18.22M	26.87M
Income before tax	12.11M	27.05M	23.60M	15.52M	20.66M
Net income	8.09M	16.80M	14.18M	7.91M	10.71M
EBITDA	33.91M	37.90M	36.61M	28.68M	36.51M
Diluted EPS	0.24	0.51	0.43	0.24	0.33
Dividends Per Share	0.25	0.25	0.25	0.26	0.24
Total Assets	384.46M	388.22M	399.82M	406.50M	384.54M
Total liabilities	158.56M	164.43M	165.10M	177.94M	181.89M
Total equity	225.74M	223.65M	234.57M	228.47M	202.54M
Operating cash flow	33.25M	40.11M	23.14M	39.90M	22.29M

Valuation Measures

Mar 2022
PER	19.17
ROA	2.62%
ROE	4.83%
Operating margin	7.46%
Profit margin	2.97%

Key executives

Chairman & President: Yoshikata Igarashi
Manager-Finance & Accounting: Hiroaki Inoue
GM-Administration & Manager-Information Systems: Katsuya Murata
Executive Officer & Deputy General Manager-Sales: Mitsuhiro Matsumoto
Executive Officer & Deputy General Manager-Sales: Sayuri Shigematsu

Shareholders

IGARASHI YOSHIKATA (17.9%)
IGARASHI YOSHIKATA FAMILY (9.6%)
Hikari Tsushin, Inc. (8.5%)
TSUKAMOTO TAKESHI (7.4%)
Artnature, Inc. (4.7%)
Fidelity Management & Research Co. LLC (4.6%)
IGARASHI KEISUKE (2.8%)
Artnature, Inc. Employee Stock Ownership Plan (2.3%)
Artnature Employee Incentive Plan (1.9%)
Nomura Asset Management Co., Ltd. (1.7%)

Contact Details

Website:http://www.artnature.co.jp
Address: 3-40-7 Yoyogi, Shibuya-Ku, Tokyo, 151-0053, Japan
Phone: +81.3.3379.3334

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Competitors

Last Updated on 27 Jan, 2023