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Electronic Technology

HIROSE ELECTRIC CO., LTD.

Business Summary

HIROSE ELECTRIC CO., LTD. engages in the manufacture and sale of electric connectors. It operates through the following segments: Multi-Pin Connector, Coaxial Connector, and Others. The Multi-Pin Connector segment manufactures and sells connectors for ribbon cables, printed circuit boards, and flexible printed circuit boards as well as circular, rectangular, and nylon connectors. The Coaxial Connector segment deals with optical fiber connectors for microwave and other high-frequency signals. The Others segment includes micro switches and instruments for connectors. The company was founded by Keizo Hirose on August 15, 1937 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue163,671M1,456.50M
Gross Profit75,062M667.97M
Operating income40,790M362.98M
Income before tax43,081M383.37M
Net income31,437M279.75M
EBITDA57,197M508.99M
Diluted EPS885.177.87
Dividends Per Share4403.91
Total Assets394,783M3,252.58M
Total liabilities52,153M429.68M
Total equity342,069M2,818.28M
Operating cash flow44,323M394.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 125,143M 124,590M 121,765M 133,538M 163,671M
Gross Profit 56,811M 53,442M 53,491M 56,975M 75,062M
Operating income 28,572M 23,704M 20,914M 26,479M 40,790M
Income before tax 28,015M 24,671M 21,205M 28,332M 43,081M
Net income 19,107M 17,891M 15,305M 19,916M 31,437M
EBITDA 40,023M 36,811M 36,788M 43,248M 57,197M
Diluted EPS 548.54 489.45 420.37 549.04 885.17
Dividends Per Share 457.14 240 240 240 440
Total Assets 341,178M 341,435M 342,644M 370,504M 394,783M
Total liabilities 36,459M 34,105M 35,898M 43,829M 52,153M
Total equity 304,719M 307,330M 306,141M 326,092M 342,069M
Operating cash flow 30,561M 28,182M 28,584M 35,818M 44,323M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,129.11M 1,123.49M 1,119.92M 1,259.11M 1,456.50M
Gross Profit 512.58M 481.91M 491.98M 537.20M 667.97M
Operating income 257.79M 213.75M 192.35M 249.66M 362.98M
Income before tax 252.76M 222.47M 195.03M 267.13M 383.37M
Net income 172.39M 161.33M 140.76M 187.78M 279.75M
EBITDA 361.11M 331.94M 338.35M 407.77M 508.99M
Diluted EPS 4.94 4.41 3.86 5.17 7.87
Dividends Per Share 4.12 2.16 2.20 2.26 3.91
Total Assets 3,208.06M 3,084.74M 3,173.95M 3,352.97M 3,252.58M
Total liabilities 342.82M 308.12M 332.52M 396.64M 429.68M
Total equity 2,865.24M 2,776.61M 2,835.82M 2,951.05M 2,818.28M
Operating cash flow 275.74M 254.13M 262.89M 337.72M 394.42M

Valuation Measures

Mar 2022
PER20.17
ROA8.21%
ROE9.41%
Operating margin24.92%
Profit margin19.20%

Key executives

  • President & Representative Director: Kazunori Ishii
  • Senior Managing Director & GM-Technology: Mitsuo Nakamura
  • Director & General Manager-Administration: Hiroshi Fukumoto
  • Director & General Manager-Administration: Shin Kamagata
  • Director & General Manager-Manufacturing: Yukio Kiriya

Shareholders

  • Hirose Zaidan (8.4%)
  • MFS International (UK) Ltd. (7.8%)
  • HIROSE ELECTRIC CO., LTD. (7.5%)
  • First Eagle Investment Management LLC (7.0%)
  • BlackRock Fund Advisors (3.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
  • HS Kikaku YK (3.2%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.2%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.1%)

Contact Details

  • Website:http://www.hirose.com
  • Address: 5-5-23 Osaki, Shinagawa-Ku, Tokyo, 141-8587, Japan
  • Phone: +81.3.3491.5300

Related Companies

  • Hirose Electric Board Benefit Trust
  • Hirose Electric India Pvt Ltd.
  • Hirose Technology (Shenzhen) Co. Ltd.
  • Hirose Electric Hong Kong Co. Ltd.
  • Hirose (Thailand) Ltd.
  • HST (Hong Kong) Ltd.
  • Hirose Electric Technologies (Shenzhen) Co., Ltd.
  • Hirose Electric (Shanghai) Co., Ltd.
  • Hirose Electric Singapore Pte Ltd.
  • Hirose Electric (Suzhou) Co., Ltd.
  • Hirose Electric (Dongguan) Co., Ltd.
  • Hirose Hong Kong Co., Ltd.
  • Hirose Electric Hong Kong Trading Co., Ltd.
  • Hirose Electric Trading (Shanghai) Co., Ltd.
  • Hirose Electric UK Ltd.
  • HST Co., Ltd. (Japan)
  • Ichinoseki Hirose Electric Co., Ltd.
  • Hirose Electric Malaysia Sdn. Bhd.
  • PT Hirose Electric Indonesia
  • Hirose Electric (Taiwan) Co., Ltd.
  • Hirose Electric Europe BV
  • Hirose Korea Co., Ltd.
  • Koriyama Hirose Electric Co., Ltd.
  • Tohoku Hirose Electric Co., Ltd.
  • Hirose Electric GmbH
  • Hirose Electric (U.S.A.), Inc.
  • Taiho Industries Ltd. /Organic Electroluminescence Disp/
  • Hirose Zaidan

Competitors

  • Amphenol Corporation Class A
  • Lotes Co., Ltd
  • JNTC Co., Ltd.
  • Electric Connector Technology Co., Ltd. Class A
  • Hu Lane Associate, Inc.
  • Hotron Precision Electronic Industrial Co. Ltd.
Last Updated on 26 Sep, 2022

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