ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Industrial Services

Chiyoda Corp.

Business Summary

Chiyoda Corp. engages in the provision of engineering services. It operates through the following segments: Engineering and Others. The Engineering segment engages in the consulting, planning, design, construction, procurement, commissioning and maintenance services for industrial machinery. The Others segment deals with the temporary staffing and travel services. The company was founded by Akiyoshi Tamaki on January 20, 1948 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit22,794M202.84M
Operating income10,545M93.83M
Income before tax-9,258M-82.38M
Net income-12,630M-112.39M
Diluted EPS-56.87-0.50
Dividends Per Share00
Total Assets395,396M3,257.63M
Total liabilities379,633M3,127.76M
Total equity15,655M128.98M
Operating cash flow57,087M508.01M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 510,873M 341,952M 385,925M 315,393M 311,115M
Gross Profit 8,618M -181,149M 42,824M 20,061M 22,794M
Operating income -12,330M -199,796M 26,791M 7,015M 10,545M
Income before tax 4,867M -194,181M 19,050M 8,876M -9,258M
Net income 6,446M -214,949M 12,176M 7,993M -12,630M
EBITDA -8,458M -196,939M 30,005M 10,329M 13,638M
Diluted EPS 24.88 -830.02 15.51 8.20 -56.87
Dividends Per Share 7.50 0 0 0 0
Total Assets 420,337M 352,341M 385,051M 329,583M 395,396M
Total liabilities 260,917M 411,493M 360,105M 292,835M 379,633M
Total equity 157,557M -60,114M 24,424M 36,399M 15,655M
Operating cash flow -66,035M -57,996M -47,047M -58,401M 57,087M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,609.41M 3,083.57M 3,549.52M 2,973.79M 2,768.60M
Gross Profit 77.75M -1,633.52M 393.87M 189.15M 202.84M
Operating income -111.24M -1,801.67M 246.40M 66.14M 93.83M
Income before tax 43.91M -1,751.04M 175.21M 83.69M -82.38M
Net income 58.15M -1,938.31M 111.98M 75.36M -112.39M
EBITDA -76.31M -1,775.91M 275.96M 97.39M 121.36M
Diluted EPS 0.22 -7.48 0.14 0.07 -0.50
Dividends Per Share 0.06 0 0 0 0
Total Assets 3,952.39M 3,183.27M 3,566.77M 2,982.65M 3,257.63M
Total liabilities 2,453.37M 3,717.69M 3,335.69M 2,650.09M 3,127.76M
Total equity 1,481.49M -543.10M 226.24M 329.40M 128.98M
Operating cash flow -595.80M -522.98M -432.71M -550.65M 508.01M

Valuation Measures

Mar 2022
Operating margin3.38%
Profit margin-4.05%

Key executives

  • Chairman, Chief Executive & Wellness Officer: Kazushi Okawa
  • President, COO & Representative Director: Masaji Santo
  • Chief Financial Officer & Representative Director: Koji Tarutani
  • Chief Compliance & Human Resources Officer: Shuichi Wada
  • Executive Officer: Nobuyuki Uchida


  • Mitsubishi Corp. (33.3%)
  • Mitsubishi UFJ Financial Group, Inc. (4.9%)
  • Norges Bank Investment Management (2.4%)
  • Chiyoda Corp. Business Association (1.6%)
  • The Vanguard Group, Inc. (1.5%)
  • Rheos Capital Works, Inc. (Investment Management) (1.2%)
  • CPR Asset Management SA (1.0%)
  • BlackRock Fund Advisors (0.7%)
  • Meiji Yasuda Life Insurance Co. (0.7%)
  • Chiyoda Business Association /Yokohama/ (0.7%)

Contact Details

  • Website:
  • Address: Minato Mirai Grand Central Tower, 4-6-2 Minatomirai, Yokohama, 220-8765, Japan
  • Phone: +

Related Companies

  • Chiyoda Corp. Board Incentive Plan
  • Chiyoda Business Association /Yokohama/
  • Chiyoda Corp. Business Association
  • Chiyoda Generating Europe Ltd.
  • Chiyoda & Public Works Co., Ltd.
  • Chiyoda Philippines Corp.
  • China Chiyoda Trading (Shanghai) Ltd.
  • Chiyoda do Brasil Representacoes Ltda.
  • Chiyoda Corporation Shanghai
  • Chiyoda Sarawak Sdn. Bhd.
  • Chiyoda Corporation Netherlands BV
  • Chiyoda Oceania Pty Ltd.
  • Chiyoda Human Resources International Pte Ltd.
  • Consolidated Contractors Engineering Ltd.
  • Chiyoda International Corp.
  • Chiyoda System Technologies Corp.
  • Crown Asia 2 Investment Ltd.
  • Chiyoda Malaysia Sdn. Bhd.
  • PT Chiyoda International Indonesia
  • Chiyoda Petrostar Ltd.
  • Chiyoda (Thailand) Co. Ltd.
  • Chiyoda Singapore Pte Ltd.
  • Chiyoda Advanced Solutions Corp.
  • Arrowhead International Corp.
  • Chiyoda Kosho Co., Ltd.
  • Chiyoda U Tech Co. Ltd.
  • Sunrise Real Estate KK
  • Chiyoda Technoace Co. Ltd.


  • Fluor Corporation
Last Updated on 28 Mar, 2023

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more