Producer Manufacturing Hitachi Metals, Ltd. Business Summary
Hitachi Metals, Ltd. engages in the manufacture and sale of products for automobile, electronics, and infrastructure industry sectors. It operates through the following divisions: Specialty Steel, Magnetic Materials, Functional Components, and Cable Materials. The Specialty Steel division includes high-grade special steel, rolls, steel and ceramic structural parts, injection molding machine parts, and soft magnetic materials. The Magnetic Materials division comprises of magnets and ceramic products. The Functional Components division consists of high-grade casting components for automobiles, piping and infrastructure components, and construction components. The Cable Materials division offers electric wires and functional items such as industrial wire, equipment wire, industrial rubber, cable processed products, automotive electrical components, and brake hose. The company was founded on April 10, 1956 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 761,615M 7,181.15M Gross Profit 95,369M 899.22M Operating income -4,977M -46.92M Income before tax -50,588M -476.98M Net income -42,285M -398.69M EBITDA 45,430M 428.35M Diluted EPS -98.89 -0.93 Dividends Per Share 0 0 Total Assets 972,249M 8,798.63M Total liabilities 480,131M 4,345.07M Total equity 489,671M 4,431.41M Operating cash flow 52,586M 495.82M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
910,486M
988,303M
1,023.42B
881,402M
761,615M
Gross Profit
179,333M
184,696M
172,392M
125,455M
95,369M
Operating income
65,983M
65,130M
51,427M
14,383M
-4,977M
Income before tax
66,016M
46,985M
43,039M
-40,614M
-50,588M
Net income
50,593M
42,210M
31,370M
-37,648M
-42,285M
EBITDA
109,022M
111,268M
102,328M
69,563M
45,430M
Diluted EPS
118.32
98.72
73.36
-88.05
-98.89
Dividends Per Share
26
26
34
26
0
Total Assets
1,040.39B
1,058.83B
1,099.25B
977,766M
972,249M
Total liabilities
491,495M
488,640M
504,041M
454,913M
480,131M
Total equity
536,563M
562,720M
587,979M
520,313M
489,671M
Operating cash flow
89,391M
39,133M
66,582M
105,958M
52,586M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
8,408.04M
8,917.09M
9,228.76M
8,106.65M
7,181.15M
Gross Profit
1,656.08M
1,666.44M
1,554.55M
1,153.86M
899.22M
Operating income
609.33M
587.64M
463.74M
132.28M
-46.92M
Income before tax
609.63M
423.92M
388.10M
-373.54M
-476.98M
Net income
467.20M
380.84M
282.88M
-346.26M
-398.69M
EBITDA
1,006.78M
1,003.93M
922.74M
639.80M
428.35M
Diluted EPS
1.09
0.89
0.66
-0.80
-0.93
Dividends Per Share
0.24
0.23
0.30
0.23
0
Total Assets
9,336.71M
9,956.10M
9,931.35M
9,057.16M
8,798.63M
Total liabilities
4,410.79M
4,594.63M
4,553.83M
4,213.91M
4,345.07M
Total equity
4,815.24M
5,291.20M
5,312.18M
4,819.72M
4,431.41M
Operating cash flow
825.49M
353.08M
600.40M
974.54M
495.82M
Valuation Measures
Mar 2021
PER -- ROA -4.33% ROE -8.37% Operating margin -0.65% Profit margin -5.55%
Key executives
Co-Chairman, CEO & Executive President:
Mitsuaki Nishiyama
Chief Financial Officer & Head-Administration:
Hiroaki Nishioka
Managing Executive Officer, General Manager-R&D:
Kazuya Murakami
Chief Quality Officer & Head-Technology:
Ryoichi Aida
Executive Officer & Head-Business:
Shigekazu Suwabe Shareholders
Hitachi Ltd. (53.2%)
Nomura Asset Management Co., Ltd. (1.4%)
The Vanguard Group, Inc. (1.1%)
T. Rowe Price International Ltd. (1.0%)
BlackRock Fund Advisors (0.8%)
Norges Bank Investment Management (0.6%)
Daiwa Asset Management Co. Ltd. (0.6%)
Nikko Asset Management Co., Ltd. (0.6%)
APG Asset Management NV (0.4%)
Simplex Asset Management Co., Ltd. (0.3%)
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Competitors
Eramet SA
Omega Flex, Inc.
Neo Performance Materials, Inc.
Sinosteel New Materials Co., Ltd. Class A
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Last Updated on 18 Oct, 2021
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