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Producer Manufacturing

Hitachi Metals, Ltd.

  • 1,295.00 JPY
  • -5.00
  • -0.38%
  • Japan
    Mar 25, 2019
  • Ticker
    TKS(5486)
  • Prev. close
    1,300
  • Market cap (JPY)
    557,575.68M
  • Market cap (USD)
    5,079.25M
  • 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 2018 JPYUSD
Revenue988,303M8,917.09M
Gross Profit184,696M1,666.44M
Operating income65,130M587.64M
Income before tax46,985M423.92M
Net income42,210M380.84M
EBITDA111,268M1,003.93M
Diluted EPS98.720.89
Dividends Per Share260.23
Total Assets1,058.83B9,956.10M
Total liabilities488,640M4,594.63M
Total equity562,720M5,291.20M
Operating cash flow39,133M353.08M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 807,794M 1,004.37B 1,017.58B 910,486M 988,303M
Gross Profit 170,713M 210,856M 198,151M 179,333M 184,696M
Operating income 63,862M 84,407M 70,698M 65,983M 65,130M
Income before tax 53,718M 85,386M 95,805M 66,016M 46,985M
Net income 48,133M 70,569M 69,056M 50,593M 42,210M
EBITDA 97,624M 124,324M 113,625M 109,022M 111,268M
Diluted EPS 116.79 165.02 161.50 118.32 98.72
Dividends Per Share 17 23 26 26 26
Total Assets 848,772M 1,083.45B 1,033.31B 1,040.39B 1,058.83B
Total liabilities 465,932M 607,274M 528,636M 491,495M 488,640M
Total equity 372,217M 466,359M 495,865M 536,563M 562,720M
Operating cash flow 99,171M 108,983M 115,742M 89,391M 39,133M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 8,064.10M 9,142.59M 8,473.91M 8,408.04M 8,917.09M
Gross Profit 1,704.20M 1,919.37M 1,650.09M 1,656.08M 1,666.44M
Operating income 637.52M 768.33M 588.73M 609.33M 587.64M
Income before tax 536.26M 777.25M 797.81M 609.63M 423.92M
Net income 480.50M 642.37M 575.06M 467.20M 380.84M
EBITDA 974.56M 1,131.69M 946.21M 1,006.78M 1,003.93M
Diluted EPS 1.16 1.50 1.34 1.09 0.89
Dividends Per Share 0.16 0.20 0.21 0.24 0.23
Total Assets 8,241.70M 9,034.39M 9,193.56M 9,336.71M 9,956.10M
Total liabilities 4,524.27M 5,063.78M 4,703.37M 4,410.79M 4,594.63M
Total equity 3,614.28M 3,888.75M 4,411.80M 4,815.24M 5,291.20M
Operating cash flow 990.01M 992.04M 963.83M 825.49M 353.08M

Valuation Measures

Mar 2018
PER12.74
ROA4.02%
ROE7.67%
Operating margin6.59%
Profit margin4.27%

Key executives

  • President & Director: Akitoshi Hiraki
  • 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. (2.6%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • The Vanguard Group, Inc. (1.2%)
  • Norges Bank Investment Management (1.1%)
  • BlackRock Fund Advisors (0.7%)
  • Daiwa Asset Management Co. Ltd. (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 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.
  • Ampco-Pittsburgh Corporation
  • Omega Flex, Inc.
  • SCHMOLZ + BICKENBACH AG
Last Updated on 25 Mar, 2019

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