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Producer Manufacturing

Furukawa Battery Co., Ltd.

Business Summary

Furukawa Battery Co., Ltd. engages in the manufacture and sale of storage batteries. It operates through the following segments: Automobile, Industrial, Real Estate, and Others. The Automobile segment produces and sells storage batteries for vehicles and motorcycles. The Industrial segment covers rechargeable batteries for equipment operation and uninterruptible power supplies. The Real Estate segment leases tenant buildings. The Others segment includes insurance business. The company was founded on September 1, 1950 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue63,602M584.97M
Gross Profit14,497M133.33M
Operating income3,294M30.29M
Income before tax2,767M25.44M
Net income2,238M20.58M
EBITDA6,010M55.27M
Diluted EPS68.270.62
Dividends Per Share130.11
Total Assets54,035M500.53M
Total liabilities26,394M244.49M
Total equity26,504M245.50M
Operating cash flow3,339M30.71M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 54,106M 55,320M 59,686M 62,832M 63,602M
Gross Profit 12,773M 13,385M 12,866M 13,496M 14,497M
Operating income 2,928M 3,337M 2,981M 2,802M 3,294M
Income before tax 2,888M 2,786M 2,804M 2,697M 2,767M
Net income 2,367M 2,373M 2,136M 2,266M 2,238M
EBITDA 4,973M 5,730M 5,539M 5,389M 6,010M
Diluted EPS 72.21 72.39 65.16 69.16 68.27
Dividends Per Share 8 9 10 11 13
Total Assets 50,409M 55,023M 54,994M 54,266M 54,035M
Total liabilities 30,857M 33,129M 29,833M 28,505M 26,394M
Total equity 18,383M 20,608M 23,295M 24,810M 26,504M
Operating cash flow 2,763M 3,697M 2,375M 4,936M 3,339M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 450.56M 510.86M 538.52M 566.59M 584.97M
Gross Profit 106.36M 123.60M 116.08M 121.70M 133.33M
Operating income 24.38M 30.81M 26.89M 25.26M 30.29M
Income before tax 24.04M 25.72M 25.29M 24.32M 25.44M
Net income 19.71M 21.91M 19.27M 20.43M 20.58M
EBITDA 41.41M 52.91M 49.97M 48.59M 55.27M
Diluted EPS 0.60 0.66 0.58 0.62 0.62
Dividends Per Share 0.06 0.08 0.09 0.09 0.11
Total Assets 448.49M 493.78M 517.10M 490.27M 500.53M
Total liabilities 274.54M 297.30M 280.51M 257.53M 244.49M
Total equity 163.55M 184.94M 219.04M 224.14M 245.50M
Operating cash flow 23.00M 34.14M 21.42M 44.51M 30.71M

Valuation Measures

Mar 2020
PER7.98
ROA4.13%
ROE8.72%
Operating margin5.17%
Profit margin3.51%

Key executives

  • President & Representative Director: Shinichi Ono
  • Executive Officer & GM-Technology & Development: Toshiro Yamamoto
  • Director & Executive Officer: Eizo Sakagami
  • Director & Executive Officer: Koichiro Yamamoto
  • Director & Executive Officer: Masanori Bajo

Shareholders

  • Furukawa Electric Co., Ltd. (57.2%)
  • Furukawa Battery Business Association (1.6%)
  • Nomura Asset Management Co., Ltd. (1.4%)
  • Asahi Mutual Life Insurance Co. (1.0%)
  • YONEDA AKIO (0.7%)
  • Sompo Holdings, Inc. (0.7%)
  • The Toho Bank, Ltd. (0.7%)
  • Fuji Electric Co., Ltd. (0.6%)
  • Tokio Marine Holdings, Inc. (0.6%)
  • Dimensional Fund Advisors LP (0.6%)

Contact Details

Related Companies

  • PT Furukawa Indomobil Battery Manufacturing
  • Furukawa Battery Business Association
  • Siam Furukawa Co Ltd

Competitors

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