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Producer Manufacturing

GS Yuasa Corp.

Business Summary

GS Yuasa Corp. operates as a holding company which engages in the manufacture and supply of batteries, power supply systems, lighting equipment, and other specialty electrical equipment. It operates through the following segments: Domestic Automotive Batteries, Domestic Industrial Batteries and Power Supplies, Overseas Operations, Automotive Lithium-ion Batteries, and Others. The Domestic Automotive Batteries segment produces and sells lead-acid batteries for automotive. The Domestic Industrial Batteries and Power Supplies segment covers rectifiers, lead, alkali, and general batteries, and power supply systems. The Overseas Operations segment manufactures and markets batteries and power supply devices in the international market. The Automotive Lithium-ion Batteries segment handles the lithium-ion batteries for vehicles. The Others segment includes environment related equipment, mobile communication batteries, battery related equipment, battery manufacturing equipment, and applications batteries. The company was founded on April 1, 2004 and is headquartered in Kyoto, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit112,073M827.00M
Operating income31,501M232.44M
Income before tax27,137M200.24M
Net income13,926M102.76M
Diluted EPS173.091.27
Dividends Per Share500.36
Total Assets540,906M4,064.21M
Total liabilities270,013M2,028.80M
Total equity230,677M1,733.24M
Operating cash flow28,330M209.05M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 413,089M 395,553M 386,511M 432,133M 517,735M
Gross Profit 95,860M 92,045M 96,571M 96,895M 112,073M
Operating income 22,655M 21,677M 24,812M 22,666M 31,501M
Income before tax 25,224M 23,311M 24,847M 19,246M 27,137M
Net income 13,524M 13,675M 11,455M 8,468M 13,926M
EBITDA 41,980M 40,688M 44,178M 41,532M 52,763M
Diluted EPS 154.08 168.23 141.91 105.22 173.09
Dividends Per Share 50 50 50 50 50
Total Assets 384,243M 385,416M 431,913M 480,763M 540,906M
Total liabilities 176,532M 180,095M 197,339M 230,821M 270,013M
Total equity 178,320M 176,336M 202,246M 215,233M 230,677M
Operating cash flow 31,493M 33,119M 35,817M 12,879M 28,330M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 3,725.05M 3,638.07M 3,644.35M 3,845.53M 3,820.43M
Gross Profit 864.42M 846.57M 910.55M 862.26M 827.00M
Operating income 204.29M 199.37M 233.94M 201.70M 232.44M
Income before tax 227.45M 214.40M 234.27M 171.26M 200.24M
Net income 121.95M 125.77M 108.00M 75.35M 102.76M
EBITDA 378.55M 374.22M 416.54M 369.59M 389.34M
Diluted EPS 1.38 1.54 1.33 0.93 1.27
Dividends Per Share 0.45 0.45 0.47 0.44 0.36
Total Assets 3,471.50M 3,570.15M 3,908.71M 3,960.97M 4,064.21M
Total liabilities 1,594.90M 1,668.24M 1,785.87M 1,901.71M 2,028.80M
Total equity 1,611.05M 1,633.42M 1,830.28M 1,773.28M 1,733.24M
Operating cash flow 283.99M 304.61M 337.71M 114.60M 209.05M

Valuation Measures

Mar 2023
Operating margin6.08%
Profit margin2.68%


  • President, CEO & Representative Director: Osamu Murao
  • Auditor: Hideaki Yamada
  • Auditor: Masayuki Murakami
  • Manager-Corporate Office: Hiroaki Matsushima


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  • Mitsubishi UFJ Financial Group, Inc. (3.4%)
  • The Vanguard Group, Inc. (3.0%)
  • Toyota Motor Corp. (2.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • Nikko Asset Management Co., Ltd. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Nippon Life Insurance Co. (2.2%)
  • The Bank of Kyoto, Ltd. (1.9%)

Contact Details

Related Companies

  • GS Yuasa Corp. /2 Subsidiaries/
  • GS Yuasa Asia Technical Center Ltd.
  • GS Yuasa Hungary Ltd.
  • GS Yuasa International Ltd. (Bolivia)
  • GS Yuasa Socie Co., Ltd.
  • GS Yuasa Innovation Co., Ltd.
  • Gs Yuasa Pension Fund
  • Gs Yuasa Trust
  • GS Yuasa Board Incentive Plan
  • Yuasa Battery Iberia SA
  • YTTL International Holding Ltd.
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  • GS Battery China Co. Ltd.
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  • Baterie Przemyslowe Sp zoo
  • Yuasa de Mexico SA de CV
  • Yuasa-Yi, Inc.
  • Yuasa Battery Singapore Co. Pte Ltd.
  • GS Battery Taiwan Co. Ltd.
  • GS Yuasa Battery Ltd. /NEW/
  • Tianjin Yuasa Batteries Co., Ltd.
  • GS Yuasa Technology Ltd.
  • Tata AutoComp GY Batteries Pvt Ltd.
  • Taiwan Yuasa Battery Co., Ltd.
  • Yuasa Ionics Co., Ltd.
  • GS Battery Vietnam Co., Ltd.
  • GS Yuasa Battery Malaysia Sdn. Bhd.
  • Ztong Yee Industrial Co., Ltd.


  • Kung Long Batteries Industrial Co., Ltd.
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Last Updated on 21 Sep, 2023

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