Producer Manufacturing
Hitachi Metals, Ltd.
- 1,141.00 JPY
- +25.00
- +2.24%
Japan
May 20, 2019Ticker
TKS(5486)Prev. close
1,116Market cap (JPY)
478,657.25MMarket cap (USD)
4,352.41MShares
428.90M
In the news
- Recharging Tepco is an uphill battle for ex-Hitachi head Dec 17, 2017
- Tech disruptions force Japanese manufacturers to change or die Mar 17, 2017
- China crackdown could curb rare earths outflow Dec 9, 2016
- Hitachi Metals to develop composite material for autoparts Oct 27, 2016
- Daido Steel to make neodymium magnets in US Aug 26, 2016 See more articles on 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 2019 | JPY | USD |
| Revenue | 1,023.42B | 9,228.76M |
| Gross Profit | 172,392M | 1,554.55M |
| Operating income | 51,427M | 463.74M |
| Income before tax | 43,039M | 388.10M |
| Net income | 31,370M | 282.88M |
| EBITDA | 102,328M | 922.74M |
| Diluted EPS | 73.36 | 0.66 |
| Dividends Per Share | 34 | 0.30 |
| Total Assets | 1,099.25B | 9,931.35M |
| Total liabilities | 504,041M | 4,553.83M |
| Total equity | 587,979M | 5,312.18M |
| Operating cash flow | 66,582M | 600.40M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 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 | |
| PER | 17.52 |
| ROA | 2.90% |
| ROE | 5.45% |
| Operating margin | 5.02% |
| Profit margin | 3.06% |
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. (1.9%)
- Nomura Asset Management Co., Ltd. (1.5%)
- The Vanguard Group, Inc. (1.1%)
- BlackRock Fund Advisors (0.7%)
- Norges Bank Investment Management (0.7%)
- Daiwa Asset Management Co. Ltd. (0.7%)
- Schroder Investment Management (Japan) Ltd. (0.6%)
- Dimensional Fund Advisors LP (0.6%)
- Nikko Asset Management Co., Ltd. (0.5%)
Contact Details
- Website:http://www.hitachi-metals.co.jp
- Address: Shinagawa Season Terrace, 1-2-70 Konan, Tokyo, 108-8224, Japan
- Phone: +81.3.6774.3001
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 Pte 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.
- SCHMOLZ + BICKENBACH AG
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Last Updated on 20 May, 2019