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 2022
JPY USD Revenue 942,701M 8,389.05M Gross Profit 135,185M 1,203.00M Operating income 26,809M 238.57M Income before tax 31,588M 281.10M Net income 12,030M 107.05M EBITDA 73,340M 652.64M Diluted EPS 28.13 0.25 Dividends Per Share 0 0 Total Assets 1,069.69B 8,813.14M Total liabilities 538,577M 4,437.29M Total equity 527,563M 4,346.55M Operating cash flow 29,851M 265.64M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
988,303M
1,023.42B
881,402M
761,615M
942,701M
Gross Profit
184,696M
172,392M
125,455M
95,369M
135,185M
Operating income
65,130M
51,427M
14,383M
-4,977M
26,809M
Income before tax
46,985M
43,039M
-40,614M
-50,588M
31,588M
Net income
42,210M
31,370M
-37,648M
-42,285M
12,030M
EBITDA
111,268M
102,328M
69,563M
45,430M
73,340M
Diluted EPS
98.72
73.36
-88.05
-98.89
28.13
Dividends Per Share
26
34
26
0
0
Total Assets
1,058.83B
1,099.25B
977,766M
972,249M
1,069.69B
Total liabilities
488,640M
504,041M
454,913M
480,131M
538,577M
Total equity
562,720M
587,979M
520,313M
489,671M
527,563M
Operating cash flow
39,133M
66,582M
105,958M
52,586M
29,851M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
8,917.09M
9,228.76M
8,106.65M
7,181.15M
8,389.05M
Gross Profit
1,666.44M
1,554.55M
1,153.86M
899.22M
1,203.00M
Operating income
587.64M
463.74M
132.28M
-46.92M
238.57M
Income before tax
423.92M
388.10M
-373.54M
-476.98M
281.10M
Net income
380.84M
282.88M
-346.26M
-398.69M
107.05M
EBITDA
1,003.93M
922.74M
639.80M
428.35M
652.64M
Diluted EPS
0.89
0.66
-0.80
-0.93
0.25
Dividends Per Share
0.23
0.30
0.23
0
0
Total Assets
9,956.10M
9,931.35M
9,057.16M
8,798.63M
8,813.14M
Total liabilities
4,594.63M
4,553.83M
4,213.91M
4,345.07M
4,437.29M
Total equity
5,291.20M
5,312.18M
4,819.72M
4,431.41M
4,346.55M
Operating cash flow
353.08M
600.40M
974.54M
495.82M
265.64M
Valuation Measures
Mar 2022
PER 72.53 ROA 1.17% ROE 2.36% Operating margin 2.84% Profit margin 1.27%
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. (1.6%)
BlackRock Fund Advisors (1.3%)
The Vanguard Group, Inc. (1.2%)
T. Rowe Price International Ltd. (0.9%)
Daiwa Asset Management Co. Ltd. (0.7%)
Nikko Asset Management Co., Ltd. (0.7%)
Norges Bank Investment Management (0.6%)
DWS Investments (UK) Ltd. (0.3%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.3%)
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Competitors
Omega Flex, Inc.
Sinosteel New Materials Co., Ltd. Class A
Eramet SA
Aperam SA
Neo Performance Materials, Inc.
Samwha Electronics Co., Ltd.
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Last Updated on 10 Aug, 2022
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