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Electronic Technology

Citizen Watch Co., Ltd.

  • 486.00 JPY
  • -1.00
  • -0.21%
  • Japan
    Aug 23, 2019
  • Ticker
    TKS(7762)
  • Prev. close
    487
  • Market cap (JPY)
    156,012M
  • Market cap (USD)
    1,462.91M
  • 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 2019 JPYUSD
Revenue321,652M2,900.51M
Gross Profit118,555M1,069.07M
Operating income22,412M202.10M
Income before tax19,251M173.59M
Net income13,370M120.56M
EBITDA36,713M331.06M
Diluted EPS42.000.37
Dividends Per Share200.18
Total Assets413,911M3,739.54M
Total liabilities146,361M1,322.32M
Total equity257,449M2,325.96M
Operating cash flow19,897M179.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 328,456M 348,267M 312,559M 320,047M 321,652M
Gross Profit 125,559M 130,319M 116,499M 120,174M 118,555M
Operating income 27,795M 30,410M 21,464M 24,921M 22,412M
Income before tax 31,890M 22,550M 22,467M 27,442M 19,251M
Net income 17,572M 13,201M 16,574M 19,303M 13,370M
EBITDA 43,487M 46,444M 35,615M 40,250M 36,713M
Diluted EPS 54.24 41.32 52.07 60.64 42.00
Dividends Per Share 16 17 17 22 20
Total Assets 421,563M 406,462M 395,887M 409,909M 413,911M
Total liabilities 173,591M 168,993M 146,668M 146,193M 146,361M
Total equity 238,506M 227,701M 239,420M 253,912M 257,449M
Operating cash flow 29,053M 29,980M 32,781M 32,539M 19,897M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,989.86M 2,900.18M 2,886.38M 2,887.66M 2,900.51M
Gross Profit 1,142.93M 1,085.22M 1,075.83M 1,084.28M 1,069.07M
Operating income 253.01M 253.23M 198.21M 224.85M 202.10M
Income before tax 290.28M 187.78M 207.47M 247.59M 173.59M
Net income 159.95M 109.93M 153.05M 174.16M 120.56M
EBITDA 395.85M 386.76M 328.89M 363.16M 331.06M
Diluted EPS 0.49 0.34 0.48 0.54 0.37
Dividends Per Share 0.14 0.14 0.15 0.19 0.18
Total Assets 3,515.22M 3,616.37M 3,552.78M 3,854.33M 3,739.54M
Total liabilities 1,447.49M 1,503.56M 1,316.23M 1,374.64M 1,322.32M
Total equity 1,988.79M 2,025.89M 2,148.61M 2,387.51M 2,325.96M
Operating cash flow 264.46M 249.65M 302.72M 293.58M 179.42M

Valuation Measures

Mar 2019
PER14.68
ROA3.24%
ROE5.22%
Operating margin6.96%
Profit margin4.15%

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

  • Nomura Asset Management Co., Ltd. (6.5%)
  • Sompo Japan Nipponkoa Asset Management Co., Ltd. (6.0%)
  • Nippon Life Insurance Co. (3.7%)
  • Nichia Corp. (3.1%)
  • Mitsubishi UFJ Financial Group, Inc. (2.8%)
  • Dimensional Fund Advisors LP (2.5%)
  • Nikko Asset Management Co., Ltd. (2.4%)
  • Citizen Watch Co., Ltd. (2.3%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.3%)
  • 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

  • Fossil Group, Inc.
  • Bixolon Co., Ltd.
  • Movado Group, Inc.
  • TransAct Technologies Incorporated
  • Ledtech Electronics Corp.
  • Himax Technologies, Inc. Sponsored ADR
Last Updated on 23 Aug, 2019

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