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Producer Manufacturing

Hitachi Construction Machinery Co., Ltd.

Business Summary

Hitachi Construction Machinery Co., Ltd. engages in the manufacture, sale, service, and rental of construction and industrial machinery. It operates through the Construction Machinery and Solution segments. The Construction Machinery segment includes mini, medium and large excavators; wheel loaders; demolition equipment; metal recycling equipment; forest machines; rigid dump trucks, compaction equipment; cranes & foundation machines; and double front work machine. The Solution segment covers the manufacture and sale of parts not included in the construction machinery business, and service sales. The company was founded in December 1955 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue931,347M8,566.01M
Gross Profit250,757M2,306.32M
Operating income76,618M704.69M
Income before tax67,103M617.17M
Net income41,171M378.66M
EBITDA122,765M1,129.12M
Diluted EPS193.601.78
Dividends Per Share600.55
Total Assets1,179.58B10,926.58M
Total liabilities654,469M6,062.42M
Total equity473,537M4,386.42M
Operating cash flow22,682M208.61M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 758,331M 753,947M 959,153M 1,033.70B 931,347M
Gross Profit 179,597M 170,926M 263,837M 298,196M 250,757M
Operating income 20,262M 28,265M 93,582M 116,841M 76,618M
Income before tax 24,517M 23,859M 95,612M 102,702M 67,103M
Net income 8,804M 8,022M 60,004M 68,542M 41,171M
EBITDA 55,709M 62,229M 131,414M 153,795M 122,765M
Diluted EPS 41.41 37.72 282.16 322.31 193.60
Dividends Per Share 40 12 85 100 60
Total Assets 932,208M 1,017.62B 1,101.41B 1,198.29B 1,179.58B
Total liabilities 475,392M 567,193M 596,386M 655,637M 654,469M
Total equity 395,963M 399,619M 448,502M 486,407M 473,537M
Operating cash flow 114,874M 87,961M 84,528M -25,693M 22,682M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 6,314.98M 6,962.45M 8,654.08M 9,321.48M 8,566.01M
Gross Profit 1,495.59M 1,578.44M 2,380.50M 2,689.00M 2,306.32M
Operating income 168.73M 261.01M 844.35M 1,053.62M 704.69M
Income before tax 204.16M 220.33M 862.67M 926.12M 617.17M
Net income 73.31M 74.08M 541.39M 618.08M 378.66M
EBITDA 463.91M 574.66M 1,185.70M 1,386.85M 1,129.12M
Diluted EPS 0.34 0.34 2.54 2.90 1.78
Dividends Per Share 0.33 0.11 0.76 0.90 0.55
Total Assets 8,294.03M 9,132.39M 10,356.51M 10,826.20M 10,926.58M
Total liabilities 4,229.65M 5,090.12M 5,607.76M 5,923.44M 6,062.42M
Total equity 3,522.95M 3,586.27M 4,217.22M 4,394.51M 4,386.42M
Operating cash flow 956.61M 812.29M 762.66M -231.68M 208.61M

Valuation Measures

Mar 2020
PER11.30
ROA3.46%
ROE8.57%
Operating margin8.22%
Profit margin4.42%

Key executives

  • President, Chief Executive Officer & Director: Kotaro Hirano
  • Chief Financial Officer & Executive Officer: Keiichiro Shiojima
  • Chief Technology Officer: Eiji Fukumoto
  • Director & Chief Human Resources Officer: Seishi Toyoshima
  • Chief Marketing & Sales Officer & EVP: Yasushi Ochiai

Shareholders

  • Hitachi Ltd. (50.2%)
  • Nomura Asset Management Co., Ltd. (6.4%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • Daiwa Asset Management Co. Ltd. (2.8%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.7%)
  • The Vanguard Group, Inc. (1.4%)
  • Hitachi Construction Machinery Co., Ltd. (1.1%)
  • Invesco Asset Management (Japan) Ltd. (0.7%)
  • BlackRock Fund Advisors (0.6%)
  • Norges Bank Investment Management (0.6%)

Contact Details

Related Companies

  • Hitachi Construction Machinery Camino Co., Ltd.
  • Hitachi Construction Machinery Canada Ltd.
  • Wenco International Mining Systems Ltd. (Australia)
  • Hitachi Construction Machinery Middle East Corp. FZE
  • Hitachi Construction Machinery Holding U.S.A. Corp.
  • Hitachi Construction Machinery Eurasia Manufacturing LLC
  • Hitachi Construction Machinery (Mozambique) Ltd.
  • Hitachi Construction Machinery Eurasia Sales LLC
  • Hitachi Construction Machinery Zambia Co. Ltd.
  • Hitachi Construction Machinery Leasing (China) Co., Ltd.
  • Hitachi Aloka Medical Taiwan Ltd.
  • Hitachi Construction Machinery (Shanghai) Co., Ltd.
  • Hitachi Construction Machinery Japan Co., Ltd.
  • Hitachi Construction Machinery Africa (Pty) Ltd.
  • Hitachi Korea Ltd.
  • KCM Corp. (Hyogo)
  • Hitachi Construction Truck Manufacturing Ltd.
  • Hitachi Chemical Electronic Materials (Korea) Co., Ltd.
  • Hitachi Kenki Logistics Technology Co., Ltd.
  • PT Hitachi Construction Machinery Indonesia
  • Niigata-Material Co., Ltd.
  • Hitachi Construction Machinery Tierra Co., Ltd.
  • Hitachi Construction Machinery (China) Co., Ltd.
  • Wenco International Mining Systems Ltd.
  • Shin Tohoku Metal KK
  • Hitachi Construction Machinery Asia & Pacific Pte Ltd.
  • H-E Parts International LLC
  • Hitachi-Furukawa Loaders Europe SAS
  • Hitachi Construction Machinery Loader Co., Ltd.
  • Hitachi Kenki Loaders Co., Ltd.

Competitors

  • CNH Industrial NV
  • Caterpillar Inc.
  • Wacker Neuson SE
  • Doosan Heavy Industries & Construction Co., Ltd.
  • Doosan Corporation
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Manitowoc Company, Inc.
  • Ferreycorp SA
Last Updated on 20 Oct, 2020

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