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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 January 30,1955 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue813,331M7,668.78M
Gross Profit193,343M1,823.00M
Operating income32,710M308.41M
Income before tax24,150M227.70M
Net income10,340M97.49M
EBITDA82,887M781.52M
Diluted EPS48.620.45
Dividends Per Share200.18
Total Assets1,242.82B11,247.24M
Total liabilities673,575M6,095.70M
Total equity514,291M4,654.21M
Operating cash flow91,339M861.22M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 753,947M 959,153M 1,033.70B 931,347M 813,331M
Gross Profit 170,926M 263,837M 298,196M 250,757M 193,343M
Operating income 28,265M 93,582M 116,841M 76,618M 32,710M
Income before tax 23,859M 95,612M 102,702M 67,103M 24,150M
Net income 8,022M 60,004M 68,542M 41,171M 10,340M
EBITDA 62,229M 131,414M 153,795M 122,765M 82,887M
Diluted EPS 37.72 282.16 322.31 193.60 48.62
Dividends Per Share 12 85 100 60 20
Total Assets 1,017.62B 1,101.41B 1,198.29B 1,179.58B 1,242.82B
Total liabilities 567,193M 596,386M 655,637M 654,469M 673,575M
Total equity 399,619M 448,502M 486,407M 473,537M 514,291M
Operating cash flow 87,961M 84,528M -25,693M 22,682M 91,339M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 6,962.45M 8,654.08M 9,321.48M 8,566.01M 7,668.78M
Gross Profit 1,578.44M 2,380.50M 2,689.00M 2,306.32M 1,823.00M
Operating income 261.01M 844.35M 1,053.62M 704.69M 308.41M
Income before tax 220.33M 862.67M 926.12M 617.17M 227.70M
Net income 74.08M 541.39M 618.08M 378.66M 97.49M
EBITDA 574.66M 1,185.70M 1,386.85M 1,129.12M 781.52M
Diluted EPS 0.34 2.54 2.90 1.78 0.45
Dividends Per Share 0.11 0.76 0.90 0.55 0.18
Total Assets 9,132.39M 10,356.51M 10,826.20M 10,926.58M 11,247.24M
Total liabilities 5,090.12M 5,607.76M 5,923.44M 6,062.42M 6,095.70M
Total equity 3,586.27M 4,217.22M 4,394.51M 4,386.42M 4,654.21M
Operating cash flow 812.29M 762.66M -231.68M 208.61M 861.22M

Valuation Measures

Mar 2021
PER72.90
ROA0.85%
ROE2.09%
Operating margin4.02%
Profit margin1.27%

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. (50.8%)
  • Nomura Asset Management Co., Ltd. (6.4%)
  • Nikko Asset Management Co., Ltd. (3.0%)
  • Daiwa Asset Management Co. Ltd. (3.0%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.5%)
  • The Vanguard Group, Inc. (1.2%)
  • Hitachi Construction Machinery Co., Ltd. (1.1%)
  • Invesco Asset Management (Japan) Ltd. (0.9%)
  • BlackRock Fund Advisors (0.8%)
  • 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 Construction Machinery (Australia) Pty Ltd.
  • Hitachi-Furukawa Loaders Europe SAS
  • Hitachi Construction Machinery Loader Co., Ltd.

Competitors

  • CNH Industrial NV
  • Caterpillar Inc.
  • Doosan Heavy Industries & Construction Co., Ltd.
  • Doosan Corporation
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H
  • Ferreycorp SA
Last Updated on 15 Oct, 2021

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