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Producer Manufacturing

Hitachi Metals, Ltd.

  • 1,158.00 JPY
  • -23.00
  • -1.95%
  • Japan
    Jul 19, 2019
  • Ticker
    TKS(5486)
  • Prev. close
    1,181
  • Market cap (JPY)
    506,536M
  • Market cap (USD)
    4,704.96M
  • Shares
    428.90M

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 2019 JPYUSD
Revenue1,023.42B9,228.76M
Gross Profit172,392M1,554.55M
Operating income51,427M463.74M
Income before tax43,039M388.10M
Net income31,370M282.88M
EBITDA102,328M922.74M
Diluted EPS73.360.66
Dividends Per Share340.30
Total Assets1,099.25B9,931.35M
Total liabilities504,041M4,553.83M
Total equity587,979M5,312.18M
Operating cash flow66,582M600.40M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,004.37B 1,017.58B 910,486M 988,303M 1,023.42B
Gross Profit 210,856M 198,151M 179,333M 184,696M 172,392M
Operating income 84,407M 70,698M 65,983M 65,130M 51,427M
Income before tax 86,391M 96,233M 66,016M 46,985M 43,039M
Net income 70,569M 69,056M 50,593M 42,210M 31,370M
EBITDA 124,324M 113,625M 109,022M 111,268M 102,328M
Diluted EPS 165.02 161.50 118.32 98.72 73.36
Dividends Per Share 23 26 26 26 34
Total Assets 1,083.45B 1,033.31B 1,040.39B 1,058.83B 1,099.25B
Total liabilities 607,274M 528,636M 491,495M 488,640M 504,041M
Total equity 466,359M 495,865M 536,563M 562,720M 587,979M
Operating cash flow 108,983M 115,742M 89,391M 39,133M 66,582M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 9,142.59M 8,473.91M 8,408.04M 8,917.09M 9,228.76M
Gross Profit 1,919.37M 1,650.09M 1,656.08M 1,666.44M 1,554.55M
Operating income 768.33M 588.73M 609.33M 587.64M 463.74M
Income before tax 786.39M 801.37M 609.63M 423.92M 388.10M
Net income 642.37M 575.06M 467.20M 380.84M 282.88M
EBITDA 1,131.69M 946.21M 1,006.78M 1,003.93M 922.74M
Diluted EPS 1.50 1.34 1.09 0.89 0.66
Dividends Per Share 0.20 0.21 0.24 0.23 0.30
Total Assets 9,034.39M 9,193.56M 9,336.71M 9,956.10M 9,931.35M
Total liabilities 5,063.78M 4,703.37M 4,410.79M 4,594.63M 4,553.83M
Total equity 3,888.75M 4,411.80M 4,815.24M 5,291.20M 5,312.18M
Operating cash flow 992.04M 963.83M 825.49M 353.08M 600.40M

Valuation Measures

Mar 2019
PER17.52
ROA2.90%
ROE5.45%
Operating margin5.02%
Profit margin3.06%

Key executives

  • Executive President: Koji Sato
  • Executive Officer & Head-Operations: Masahiro Otsuka
  • Chief Financial Officer & General Manager-Finance: Hiroaki Nishioka
  • Executive Officer & GM-Information Systems: Shigekazu Suwabe
  • Executive Officer & General Manager-Sales: Eiichiro Shoji

Shareholders

  • Hitachi Ltd. (53.2%)
  • T. Rowe Price International Ltd. (1.6%)
  • Nomura Asset Management Co., Ltd. (1.6%)
  • The Vanguard Group, Inc. (1.2%)
  • Daiwa Asset Management Co. Ltd. (0.7%)
  • Norges Bank Investment Management (0.7%)
  • BlackRock Fund Advisors (0.7%)
  • Dimensional Fund Advisors LP (0.6%)
  • Schroder Investment Management (Japan) Ltd. (0.5%)
  • Wellington Management Co. LLP (0.5%)

Contact Details

Related Companies

  • Neomax Kinki Co., Ltd.
  • Shanghai Hitachi Metal Wire Co. Ltd.
  • Hitachi Metals Admet Ltd. (South Korea)
  • HCAS Thai Trading Co. Ltd.
  • HM Management Service, Inc.
  • Xiamen Balin Magnetic Materials Co. Ltd.
  • Five Ace Technology Co. Ltd.
  • Hitachi Metals Admet, Ltd. (Taipei Branch)
  • Hitachi Metals (Dongguan) Specialty Steel Co. Ltd.
  • Hitachi Metals Precision Instruments (Shenzhen) Ltd.
  • Hitachi Cable Trading (Dalian F.T.Z.) Co. Ltd.
  • Hitachi Metals (Suzhou) Technology Ltd.
  • Hitachi Metals Taiwan Ltd.
  • Akutron LLC
  • SH Copper Products Co., Ltd.
  • HNV Castings Pvt Ltd
  • Hitachi Metals MMC Superalloy Ltd.
  • Hitachi Metals (Thailand) Ltd.
  • Hitachi Metals (Hong Kong) Ltd.
  • Hitachi Metals Trust
  • Advanced Energy Industries, Inc. /Aera Japan Ops/
  • Hitachi Metals Singapore Pte Ltd.
  • Hitachi Metals (China) Ltd.
  • Thai Hitachi Enamel Wire Co. Ltd.
  • HMF Technology Korea Co., Ltd.
  • Santoku Corp.
  • Baosteel Hitachi Rolls (Nantong) Co. Ltd.
  • Hitachi Metals Korea Co., Ltd.
  • Hitachi Metals North Carolina Ltd.
  • Metglas, Inc.

Competitors

  • Grupo Industrial Saltillo SA de CV Class A
  • Hyundai Wia Corporation
  • Neo Performance Materials, Inc.
  • Eramet SA
  • Omega Flex, Inc.
Last Updated on 19 Jul, 2019

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