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Producer Manufacturing

Hitachi Zosen Corp.

Business Summary

Hitachi Zosen Corp. engages in the design and construction of environmental systems, industrial plants, industrial machinery, process and infrastructure-related equipment, disaster prevention systems, and precision machinery. It operates through the following segments: Environmental Systems and Industrial Plants, Machinery, Infrastructure, and Others. The Environmental Systems and Industrial Plants segment includes environmental protection systems, desalination and potabilization plants, chemical plants, and water treatment systems. The Machinery segment produces marine diesel engines, boilers, nuclear equipment, plastic machinery, food filling, and packaging systems. The Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. The Others segment includes transportation and warehousing businesses. The company was founded by Edward H. Hunter on April 1, 1881 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue378,140M3,409.90M
Gross Profit61,102M550.99M
Operating income7,359M66.36M
Income before tax6,720M60.59M
Net income5,444M49.09M
EBITDA16,927M152.64M
Diluted EPS32.300.29
Dividends Per Share120.10
Total Assets429,040M3,876.22M
Total liabilities308,628M2,788.34M
Total equity119,479M1,079.45M
Operating cash flow-5,428M-48.94M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 359,332M 387,043M 399,331M 376,437M 378,140M
Gross Profit 56,838M 64,278M 65,006M 59,661M 61,102M
Operating income 12,818M 15,112M 14,948M 5,908M 7,359M
Income before tax 9,378M 9,080M 9,689M 3,365M 6,720M
Net income 5,100M 5,848M 5,865M 2,170M 5,444M
EBITDA 21,608M 24,356M 23,909M 15,649M 16,927M
Diluted EPS 30.52 34.96 34.79 12.88 32.30
Dividends Per Share 10 12 12 12 12
Total Assets 408,803M 401,648M 393,587M 391,860M 429,040M
Total liabilities 291,273M 280,982M 275,775M 272,844M 308,628M
Total equity 108,766M 114,159M 115,601M 116,895M 119,479M
Operating cash flow 9,085M 8,147M 17,304M -3,373M -5,428M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 3,270.92M 3,223.09M 3,687.69M 3,396.45M 3,409.90M
Gross Profit 517.38M 535.27M 600.30M 538.29M 550.99M
Operating income 116.67M 125.84M 138.03M 53.30M 66.36M
Income before tax 85.36M 75.61M 89.47M 30.36M 60.59M
Net income 46.42M 48.69M 54.16M 19.57M 49.09M
EBITDA 196.69M 202.82M 220.79M 141.19M 152.64M
Diluted EPS 0.27 0.29 0.32 0.11 0.29
Dividends Per Share 0.09 0.09 0.11 0.10 0.10
Total Assets 3,408.82M 3,573.53M 3,532.14M 3,684.62M 3,876.22M
Total liabilities 2,428.79M 2,499.95M 2,474.87M 2,565.52M 2,788.34M
Total equity 906.95M 1,015.69M 1,037.43M 1,099.15M 1,079.45M
Operating cash flow 82.69M 67.84M 159.79M -30.43M -48.94M

Valuation Measures

Mar 2019
PER10.52
ROA1.32%
ROE4.60%
Operating margin1.94%
Profit margin1.43%

Key executives

  • Chairman & President: Takashi Tanisho
  • Managing Director & GM-Technology Development: Toshiyuki Shiraki
  • Representative Director & Vice President: Sadao Mino
  • Director, GM-Planning & Administration: Tatsuji Kamaya
  • Managing Director & GM-Environmental Business: Kazuhisa Yamamoto

Shareholders

  • Nomura Asset Management Co., Ltd. (4.5%)
  • Mitsubishi UFJ Financial Group, Inc. (3.7%)
  • Dimensional Fund Advisors LP (3.5%)
  • M&G Investment Management Ltd. (2.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.7%)
  • The Vanguard Group, Inc. (2.6%)
  • Nikko Asset Management Co., Ltd. (2.4%)
  • Eastspring Investments (Singapore) Ltd. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • Sompo Holdings, Inc. (1.3%)

Contact Details

Related Companies

  • Hitachi Zosen Tourist Co., Ltd.
  • Hitachi Shipbuilding Trading (Shanghai) Co. Ltd. (Guangzhou)
  • Hitachi Zosen Corp. (Singapore Branch)
  • Hitachi Zosen Corp. (Thailand)
  • Hitachi Zosen Myanmar Co. Ltd.
  • Hitachi Zosen GPM Techology (Suzhou) Co. Ltd.
  • Hitachi Zosen Corp. (Taipei Branch)
  • Hitachi Zosen Yangling Co. Ltd.
  • Zhenjiang Zhong Chuan Hitachi Zosen Machinery Co. Ltd.
  • Hitachi Zosen India Pvt Ltd.
  • Taiwan Hitz Hi-Technology Corp.
  • Cumberland Pte Ltd.
  • Cumberland Engineering Pvt Ltd.
  • Cumberland International LLC
  • Cumberland Electrochemical Ltd.
  • International Water Investment Ltd. /Subsidiaries (4)/
  • Osmoflo Holdings Pty Ltd.
  • Hitachi Zosen Fukui USA, Inc.
  • Advanced Electron Beams, Inc. /Electron Emitter Business/
  • Hitachi Zosen Vietnam Co. Ltd.
  • Hitachi Zosen Inova U.S.A. LLC
  • C&F Engineering KK
  • Hitachi Zosen USA Ltd.
  • Hitachi Zosen Inova AG
  • Hitz Holdings USA, Inc.
  • Hitachi Zosen Europe Ltd.
  • Unitika Ltd. /Environmental Business/
  • Nippon Pusnes Co., Ltd.
  • Hitachi Zosen Plant Techno Service Corp.
  • Ataka Maintenance Co. Ltd.

Competitors

  • Babcock & Wilcox Enterprises Inc
  • KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO.,LTD.
  • CSBC Corp. Taiwan
  • CNIM Group SA
  • EMKOREA Co., Ltd.
  • VAT Group AG
Last Updated on 6 Dec, 2019

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