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Producer Manufacturing

Hitachi Chemical Co., Ltd.

Business Summary

Hitachi Chemical Co., Ltd. engages in the manufacture and sale of functional materials, electronic components, and automotive products. It operates through the Functional Materials, and Advanced Components and Systems divisions. The Functional Materials division includes electronic, inorganic, polymer science, and printed wiring board materials. The Advanced Components and Systems division consists of automotive products, electronic components, batteries, capacitors, and diagnostic instruments. The company was founded on October 10, 1962 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue681,025M6,141.18M
Gross Profit172,211M1,552.92M
Operating income48,622M438.45M
Income before tax40,500M365.21M
Net income28,723M259.01M
EBITDA86,382M778.95M
Diluted EPS137.941.24
Dividends Per Share600.54
Total Assets708,659M6,402.48M
Total liabilities279,038M2,521.01M
Total equity420,095M3,795.41M
Operating cash flow77,159M695.78M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 526,687M 546,468M 554,144M 669,234M 681,025M
Gross Profit 129,779M 147,094M 151,150M 173,677M 172,211M
Operating income 34,907M 49,851M 54,035M 56,730M 48,622M
Income before tax 31,261M 50,459M 54,380M 48,941M 40,500M
Net income 22,587M 38,512M 40,186M 36,324M 28,723M
EBITDA 62,178M 79,255M 82,149M 91,451M 86,382M
Diluted EPS 108.47 184.95 192.99 174.45 137.94
Dividends Per Share 36 50 55 60 60
Total Assets 542,535M 535,155M 600,485M 701,163M 708,659M
Total liabilities 185,201M 172,633M 224,739M 292,104M 279,038M
Total equity 348,241M 356,207M 369,618M 400,383M 420,095M
Operating cash flow 34,009M 95,069M 60,819M 34,916M 77,159M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,794.31M 4,550.70M 5,117.34M 6,038.25M 6,141.18M
Gross Profit 1,181.35M 1,224.92M 1,395.82M 1,567.02M 1,552.92M
Operating income 317.75M 415.13M 498.99M 511.85M 438.45M
Income before tax 284.56M 420.19M 502.18M 441.57M 365.21M
Net income 205.60M 320.70M 371.10M 327.73M 259.01M
EBITDA 565.99M 659.99M 758.61M 825.12M 778.95M
Diluted EPS 0.98 1.54 1.78 1.57 1.24
Dividends Per Share 0.32 0.41 0.50 0.54 0.54
Total Assets 4,523.95M 4,761.37M 5,388.89M 6,592.97M 6,402.48M
Total liabilities 1,544.30M 1,535.94M 2,016.86M 2,746.62M 2,521.01M
Total equity 2,903.82M 3,169.24M 3,317.04M 3,764.76M 3,795.41M
Operating cash flow 309.57M 791.68M 561.64M 315.03M 695.78M

Valuation Measures

Mar 2019
PER17.77
ROA4.07%
ROE7.00%
Operating margin7.13%
Profit margin4.21%

Key executives

  • President, Chief Executive Officer & Director: Hisashi Maruyama
  • Chief Financial Officer: Mitsuyoshi Toyoshima
  • Executive Officer: Hiroyuki Takei
  • Executive Officer: Hiroshi Yoshida
  • Managing Executive Officer: Misao Nakagawa

Shareholders

  • Hitachi Ltd. (51.2%)
  • The Vanguard Group, Inc. (1.2%)
  • Nomura Asset Management Co., Ltd. (1.2%)
  • Nippon Life Insurance Co. (1.0%)
  • Norges Bank Investment Management (0.8%)
  • BlackRock Fund Advisors (0.7%)
  • Nikko Asset Management Co., Ltd. (0.5%)
  • Daiwa Asset Management Co. Ltd. (0.5%)
  • Dimensional Fund Advisors LP (0.3%)
  • Canada Pension Plan Investment Board (0.2%)

Contact Details

Related Companies

  • Siam Magi Co. Ltd.
  • FIAMM Energy Technology SpA
  • Fiamm Batterie SRL
  • Hitachi Chemical Industry (Chongqing) Co. Ltd.
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  • Hitachi Chemical (Yantai) Co. Ltd.
  • Hitachi Chemical Asia (Thailand) Co. Ltd.
  • PT Hitachi Chemical Indonesia
  • Hitachi Powdered Metals (Dongguan) Co. Ltd.
  • Hitachi Chemical Automotive Products (Thailand) Co. Ltd.
  • Hitachi Chemical Electronic Materials (Taiwan) Co. Ltd.
  • Hitachi Chemical Automotive Products (Zhengzhou) Co. Ltd.
  • Hitachi Chemical (Shanghai) Co. Ltd.
  • Hitachi Chemical India Pvt Ltd.
  • Taiwan Hitachi Chemical International Co. Ltd.
  • Taiwan First Li-Bond Co. Ltd.
  • Hitachi Chemical (Guangzhou) Co. Ltd.
  • Hitachi Chemical (Suzhou) Co. Ltd.
  • Hitachi Chemical Automotive Products Co. Ltd.
  • Hitachi Chemical (Johor) Sdn. Bhd.
  • Hitachi Chemical Mexico SA de CV
  • Hitachi Chemical Electronics Material (Kyushu) Co., Ltd.
  • Hitachi Chemical (Selangor) Sdn. Bhd.
  • Hitachi Chemical (Nantong) Co. Ltd.
  • Hitachi Chemical (China) Co. Ltd.
  • Hitachi Chemical Electronic Materials (Guangzhou) Co., Ltd.
  • Hitachi Chemical Electronic Materials (Hong Kong) Ltd.
  • Hitachi Chemical (Malaysia) Sdn. Bhd.
  • Hitachi Chemical Trust

Competitors

  • Chang Wah Electromaterials, Inc.
  • EnerSys
  • Hitachi Chemical Storage Battery (Thailand) Public Co., Ltd.
  • NOVONIX Ltd
  • Iljin Materials Co., Ltd.
  • Eternal Materials Co., Ltd.
  • Orgenesis Inc.
Last Updated on 20 Nov, 2019

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