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Electronic Technology

Citizen Watch Co., Ltd.

  • 625.00 JPY
  • +1.00
  • +0.16%
  • Japan
    Apr 19, 2019
  • Ticker
    TKS(7762)
  • Prev. close
    624
  • Market cap (JPY)
    199,900.78M
  • Market cap (USD)
    1,786.66M
  • Shares
    320.35M

Business Summary

Citizen Watch Co., Ltd. engages in the manufacture and sale of watches, their components, machine tools, and electronic devices and products. It operates through the following segments: Watches, Machine Tools, Devices and Components, Electronic Products, and Other Products. The Watches segment provides watches and quartz movement. The Machine Tools segment manufactures numerical control automatic lathes. The Devices and Components segment offers light-emitting diode, automotive parts, quartz crystals, micro display devices, and switches. The Electronic Products segment offers calculators, printers, and healthcare equipment. The Other Products segment manufactures jewelry. The company was founded on May 28, 1930 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2018 JPYUSD
Revenue320,047M2,887.66M
Gross Profit120,174M1,084.28M
Operating income24,921M224.85M
Income before tax27,442M247.59M
Net income19,303M174.16M
EBITDA40,250M363.16M
Diluted EPS60.650.54
Dividends Per Share220.19
Total Assets412,165M3,875.55M
Total liabilities148,458M1,395.93M
Total equity253,912M2,387.51M
Operating cash flow32,539M293.58M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 309,994M 328,456M 348,267M 312,559M 320,047M
Gross Profit 115,371M 125,559M 130,319M 116,499M 120,174M
Operating income 23,579M 27,795M 30,410M 21,464M 24,921M
Income before tax 25,881M 31,890M 22,550M 22,467M 27,442M
Net income 17,434M 17,572M 13,201M 16,574M 19,303M
EBITDA 39,210M 43,487M 46,444M 35,615M 40,250M
Diluted EPS 53.81 54.24 41.32 52.07 60.65
Dividends Per Share 13 16 17 17 22
Total Assets 383,920M 421,563M 406,462M 395,887M 412,165M
Total liabilities 166,508M 173,591M 168,993M 146,668M 148,458M
Total equity 214,103M 238,506M 227,701M 239,420M 253,912M
Operating cash flow 32,724M 29,053M 29,980M 32,781M 32,539M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 3,094.63M 2,989.86M 2,900.18M 2,886.38M 2,887.66M
Gross Profit 1,151.73M 1,142.93M 1,085.22M 1,075.83M 1,084.28M
Operating income 235.38M 253.01M 253.23M 198.21M 224.85M
Income before tax 258.36M 290.28M 187.78M 207.47M 247.59M
Net income 174.04M 159.95M 109.93M 153.05M 174.16M
EBITDA 391.42M 395.85M 386.76M 328.89M 363.16M
Diluted EPS 0.53 0.49 0.34 0.48 0.54
Dividends Per Share 0.12 0.14 0.14 0.15 0.19
Total Assets 3,727.92M 3,515.22M 3,616.37M 3,552.78M 3,875.55M
Total liabilities 1,616.81M 1,447.49M 1,503.56M 1,316.23M 1,395.93M
Total equity 2,078.97M 1,988.79M 2,025.89M 2,148.61M 2,387.51M
Operating cash flow 326.67M 264.46M 249.65M 302.72M 293.58M

Valuation Measures

Mar 2018
PER12.59
ROA4.77%
ROE7.82%
Operating margin7.78%
Profit margin6.03%

Key executives

  • President & Representative Director: Toshihiko Sato
  • Director, Head-Information System & IR: Toshiyuki Furukawa
  • Managing Director & Senior GM-Sales: Norio Takeuchi
  • Director, Senior Executive Officer & Head-HR: Yoshiaki Miyamoto
  • Director & Deputy General Manager-Sales: Yoshitaka Ohji

Shareholders

  • Sompo Japan Nipponkoa Asset Management Co., Ltd. (6.0%)
  • Nomura Asset Management Co., Ltd. (5.6%)
  • Nippon Life Insurance Co. (3.7%)
  • Nichia Corp. (3.1%)
  • Mitsubishi UFJ Financial Group, Inc. (2.8%)
  • Dimensional Fund Advisors LP (2.4%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.3%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • The Vanguard Group, Inc. (2.1%)
  • Daiwa Asset Management Co. Ltd. (2.1%)

Contact Details

  • Website:http://www.citizen.co.jp
  • Address: 6-1-12 Tanashi-cho, Nishi Tokyo, Tokyo, 188-8511, Japan
  • Phone: +81.42.466.1231

Related Companies

  • Citizen Watch Manufacturing Co. Ltd.
  • Citizen Watch Board Incentive Plan
  • BWI de Mexico S de RL de CV
  • Citizen Latinamerica Corp.
  • Citizen Watch (China) Co. Ltd.
  • Sunciti Manufacturers Ltd.
  • Sunciti Trading Dongguan Ltd.
  • Jiang Xing Electronics Ltd.
  • Astar Precision Co. Ltd.
  • Guangzhou Most Crown Electronics Ltd.
  • Sunciti PVD (Jiangmen) Ltd.
  • Bulova Trading (Shanghai) Co. Ltd.
  • Citizen Tokuhan (HK) Co. Ltd.
  • Citizen Micro Devices (Suzhou) Co. Ltd.
  • Citizen (Shanghai) Trading Co. Ltd.
  • Master Crown Electronics (Wuzhou) Ltd.
  • Cincom Miyano Hong Kong Co. Ltd.
  • Citizen Systems (HK) Ltd.
  • Citizen Systems (Dongguan) Co. Ltd.
  • Citizen Systems (Jiangmen) Co. Ltd.
  • Citizen Watches (HK) Ltd.
  • Citizen Watch Espana SA
  • Citizen Watch Goodrington (China) Ltd.
  • Citizen Machinery Vietnam Co. Ltd.
  • Most Crown Industries Ltd.
  • Micron Technology, Inc. /LCD Display Operations/
  • Citizen Watch (Switzerland) AG
  • Citizen Machinery Co., Ltd.
  • Tohoku Citizen Corp.
  • Citizen Watch France SA

Competitors

  • TransAct Technologies Incorporated
  • Fossil Group, Inc.
  • Bixolon Co., Ltd.
  • Movado Group, Inc.
  • Precision Tsugami (China) Corp. Ltd.
  • Ledtech Electronics Corp.
  • Himax Technologies, Inc. Sponsored ADR
Last Updated on 19 Apr, 2019

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