Producer Manufacturing

HOSHIZAKI Corp.

In the news

Market Scramble: Search is on for adept acquirers Apr 12, 2017
Market Scramble: A way up for Japanese value stocks Mar 16, 2017
Market Scramble: Apathetic about monetary easing, investors take flight to quality Mar 12, 2016
Deflation fear factor back in play Jan 22, 2016

Business Summary

HOSHIZAKI Corp. engages in the research and development, manufacture, sale, and maintenance of food service equipment. It operates through the following geographical segments: Japan, the United States of America, Europe and Asia regions. Its products include the ice makers, cooking electrolyzers, meal service carts, cold saltwater systems, frozen and high humidity refrigerators, and tea servers. The company was founded on February 5, 1947 and is headquartered in Toyoake, Japan.

Financial Highlights

Dec 2021	JPY	USD
Revenue	274,419M	2,497.59M
Gross Profit	99,692M	907.33M
Operating income	24,932M	226.91M
Income before tax	31,231M	284.24M
Net income	21,680M	197.31M
EBITDA	30,162M	274.51M
Diluted EPS	149.66	1.36
Dividends Per Share	55	0.50
Total Assets	378,469M	3,286.60M
Total liabilities	118,605M	1,029.95M
Total equity	257,827M	2,238.95M
Operating cash flow	27,343M	248.85M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	282,215M	292,774M	290,136M	238,314M	274,419M
Gross Profit	108,366M	110,550M	109,465M	89,053M	99,692M
Operating income	36,067M	36,447M	32,666M	18,448M	24,932M
Income before tax	35,302M	36,090M	34,263M	17,288M	31,231M
Net income	23,144M	25,718M	24,438M	11,443M	21,680M
EBITDA	41,944M	42,441M	37,819M	23,918M	30,162M
Diluted EPS	159.80	177.56	168.71	78.99	149.66
Dividends Per Share	35	40	55	55	55
Total Assets	316,637M	334,879M	351,887M	343,393M	378,469M
Total liabilities	109,735M	111,365M	109,847M	103,680M	118,605M
Total equity	204,968M	222,238M	240,532M	238,143M	257,827M
Operating cash flow	34,877M	30,203M	30,455M	20,734M	27,343M

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	2,516.77M	2,650.91M	2,661.53M	2,232.06M	2,497.59M
Gross Profit	966.40M	1,000.97M	1,004.16M	834.07M	907.33M
Operating income	321.64M	330.00M	299.65M	172.78M	226.91M
Income before tax	314.82M	326.77M	314.30M	161.92M	284.24M
Net income	206.39M	232.86M	224.17M	107.17M	197.31M
EBITDA	374.05M	384.28M	346.92M	224.01M	274.51M
Diluted EPS	1.42	1.60	1.54	0.73	1.36
Dividends Per Share	0.31	0.36	0.50	0.51	0.50
Total Assets	2,810.80M	3,052.26M	3,237.97M	3,326.00M	3,286.60M
Total liabilities	974.12M	1,015.03M	1,010.78M	1,004.21M	1,029.95M
Total equity	1,819.51M	2,025.59M	2,213.31M	2,306.58M	2,238.95M
Operating cash flow	311.03M	273.47M	279.37M	194.19M	248.85M

Valuation Measures

Dec 2021
PER	28.89
ROA	6.00%
ROE	8.74%
Operating margin	9.08%
Profit margin	7.90%

Key executives

President & Representative Director: Yasuhiro Kobayashi
Director, Head-Technology & Development: Yasutsugu Ieda
Manager-Technology Planning & Chuo Research: Makoto Sasaki
Executive Officer & Head-Legal Affairs: Osamu Goto
Director & Head-Administration: Kyo Yaguchi

Shareholders

SAKAMOTO FAMILY /HOSHIZAKI ELECTRIC/ (8.5%)
Hoshizaki Green Foundation (8.0%)
First Eagle Investment Management LLC (6.5%)
T. Rowe Price Japan, Inc. (3.4%)
Hoshizaki Electric Employee Stock Ownership Plan (3.3%)
Nomura Asset Management Co., Ltd. (2.7%)
Hoshizaki Shinsei Foundation (2.3%)
T. Rowe Price International Ltd. (Japan) (1.9%)
The Vanguard Group, Inc. (1.9%)
SAKAMOTO MIYUKI (1.5%)

Contact Details

Website:http://www.hoshizaki.co.jp
Address: 3-16 Minamiyakata, Sakae-cho, Toyoake, 470-1194, Japan
Phone: +81.562.97.2111

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Competitors

Electrolux Professional AB Class B
Middleby Corporation
Yindu Kitchen Equipment Co. Ltd. Class A
Frigoglass S.A.I.C.

Last Updated on 4 Oct, 2022