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Producer Manufacturing

Furukawa Co., Ltd.

Business Summary

Furukawa Co., Ltd. engages in the manufacture and development of specialized machineries. It operates through the following segments: Industrial Machinery, Rock Drill, UNIC Machinery, Metals, Electronic Materials, Chemicals, Real Estate and Others. The Industrial Machinery segment provides environmental machinery, pumps, plants, stone crushers, steel bridges, and casting. The Rock Drill segment offers rock drills such as breakers, crushers, crawler drills, and tunnel drill jumbos. The UNIC Machinery segment includes truck-mounted and vehicle carriers. The Metals segment distributes electrolytic copper, electrolytic gold, electrolytic silver and sulfuric acid. The Electronic Materials segment covers electronic materials indispensable for the development of information society, such as high-purity metals and compounds, optical components and others. The Chemicals segment deals with cuprous oxide, polymeric ferric sulfate solution, sulfuric acid, titanium oxide and functional materials. The Paints segment produces paints, acrylic rubber and adhesives. The Real Estate segment leases company-owned buildings in Tokyo, Osaka and Fukuoka as well as serving as a real estate agency. The Others segment includes transportation, and research and development businesses. The company was founded in August 1875 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue165,215M1,519.55M
Gross Profit26,480M243.54M
Operating income8,957M82.38M
Income before tax7,280M66.95M
Net income4,432M40.76M
EBITDA12,546M115.39M
Diluted EPS112.211.03
Dividends Per Share500.45
Total Assets209,697M1,942.44M
Total liabilities131,727M1,220.20M
Total equity75,543M699.76M
Operating cash flow8,400M77.25M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 161,799M 149,829M 167,695M 174,116M 165,215M
Gross Profit 26,332M 24,690M 26,343M 26,606M 26,480M
Operating income 7,988M 6,546M 7,822M 8,916M 8,957M
Income before tax 6,631M 6,711M 6,594M 7,003M 7,280M
Net income 5,056M 4,254M 4,774M 4,654M 4,432M
EBITDA 11,178M 9,683M 11,082M 12,389M 12,546M
Diluted EPS 125.10 105.30 118.15 116.22 112.21
Dividends Per Share 50 50 50 50 50
Total Assets 195,650M 208,034M 222,211M 215,368M 209,697M
Total liabilities 127,388M 128,446M 135,117M 134,915M 131,727M
Total equity 66,460M 77,659M 85,012M 78,217M 75,543M
Operating cash flow 7,652M 9,818M 5,351M 11,785M 8,400M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,347.37M 1,383.62M 1,513.05M 1,570.10M 1,519.55M
Gross Profit 219.27M 228.00M 237.68M 239.92M 243.54M
Operating income 66.51M 60.45M 70.57M 80.40M 82.38M
Income before tax 55.21M 61.97M 59.49M 63.15M 66.95M
Net income 42.10M 39.28M 43.07M 41.96M 40.76M
EBITDA 93.08M 89.41M 99.98M 111.71M 115.39M
Diluted EPS 1.04 0.97 1.06 1.04 1.03
Dividends Per Share 0.41 0.46 0.45 0.45 0.45
Total Assets 1,740.73M 1,866.94M 2,089.43M 1,945.77M 1,942.44M
Total liabilities 1,133.39M 1,152.70M 1,270.49M 1,218.90M 1,220.20M
Total equity 591.30M 696.93M 799.36M 706.66M 699.76M
Operating cash flow 63.72M 90.66M 48.28M 106.27M 77.25M

Valuation Measures

Mar 2020
PER9.44
ROA2.08%
ROE5.76%
Operating margin5.42%
Profit margin2.68%

Key executives

  • President & Representative Director: Naohisa Miyakawa
  • Director & Senior General Manager-Technology: Tatsuki Nazuka
  • Director & Managing Executive Officer: Masahiro Ogino
  • Director & Senior Executive Officer: Hiroyuki Sakai
  • Director & Managing Executive Officer: Minoru Nakatogawa

Shareholders

  • Asahi Mutual Life Insurance Co. (5.8%)
  • Nomura Asset Management Co., Ltd. (5.4%)
  • Nikko Asset Management Co., Ltd. (4.9%)
  • Seiwa Sogo Tatemono Co., Ltd. (4.7%)
  • Furukawa Co., Ltd. (3.3%)
  • The Yokohama Rubber Co., Ltd. (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.9%)
  • Dimensional Fund Advisors LP (2.5%)
  • Asset Management One Co., Ltd. (2.3%)
  • Furukawa Electric Co., Ltd. (2.1%)

Contact Details

  • Website:http://www.furukawakk.co.jp
  • Address: Marunochi Nakadori Building, 2-2-3 Marunochi, Tokyo, 100-8370, Japan
  • Phone: +81.3.3212.7801

Related Companies

  • FD Coil Philippines, Inc.
  • Taian Furukawa Machinery Co. Ltd.
  • Furukawa Unic (Thailand) Co. Ltd.
  • Furukawa Rock Drill Latin America SA
  • Furukawa Rock Drill Korea Co., Ltd.
  • Furukawa Rock Drill India Pvt Ltd.
  • Furukawa Rock Drill Europe BV
  • Furukawa Metals & Resources Co. Ltd.
  • Furukawa Chemicals Co. Ltd.
  • Furukawa Denshi Co. Ltd.
  • Tope Seizo KK
  • Furukawa Rock Drill Co., Ltd.
  • Furukawa Industrial Machinery Systems Co. Ltd.
  • Furukawa Unic Corp.
  • Furukawa Transport Co. Ltd.
  • Ashio Rock Drill Co. Ltd.
  • Wellness Japan
  • Oita Mining Co. Ltd.
  • Gougler Industries, Inc.
  • Furukawa Akanekai Employee Stock Ownership Plan
  • Furukawa Pension Fund

Competitors

  • Sandvik AB
  • Soosan Heavy Industries Co., Ltd.
  • Epiroc Aktiebolag Share Ak A
  • NeoPhotonics Corporation
  • Yantai Eddie Precision Machinery Co., Ltd. Class A
Last Updated on 14 May, 2021

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