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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 Other. The Environmental Systems and Industrial Plants segment manages recycling facilities, water and sludge treatment facilities, power generation equipment, biomass utilization systems, and seawater desalination plants. The Machinery segment offers marine diesel engines, boilers, nuclear equipment, plastic machinery, food filling, and precision equipment. The Infrastructure segment deals with bridges, water gates, chimneys, shield excavators, disaster prevention systems, and wind power generation. The Other segment includes transportation, warehousing, and cargo handling businesses. The company was founded by Edward H. Hunter on April 1, 1881 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue408,592M3,852.55M
Gross Profit72,815M686.56M
Operating income15,397M145.17M
Income before tax6,868M64.75M
Net income4,258M40.14M
EBITDA26,201M247.04M
Diluted EPS25.260.23
Dividends Per Share120.11
Total Assets429,336M3,885.39M
Total liabilities301,165M2,725.47M
Total equity126,331M1,143.26M
Operating cash flow22,680M213.84M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 399,331M 376,437M 378,140M 402,450M 408,592M
Gross Profit 65,006M 59,661M 61,102M 69,279M 72,815M
Operating income 14,948M 5,908M 7,359M 13,892M 15,397M
Income before tax 9,689M 3,365M 6,720M 3,600M 6,868M
Net income 5,865M 2,170M 5,444M 2,197M 4,258M
EBITDA 23,909M 15,649M 16,927M 24,575M 26,201M
Diluted EPS 34.79 12.88 32.30 13.03 25.26
Dividends Per Share 12 12 12 12 12
Total Assets 393,587M 391,860M 429,040M 409,531M 429,336M
Total liabilities 275,775M 272,844M 308,628M 290,026M 301,165M
Total equity 115,601M 116,895M 119,479M 118,004M 126,331M
Operating cash flow 17,304M -3,373M -5,428M 32,808M 22,680M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 3,687.69M 3,396.45M 3,409.90M 3,701.51M 3,852.55M
Gross Profit 600.30M 538.29M 550.99M 637.19M 686.56M
Operating income 138.03M 53.30M 66.36M 127.77M 145.17M
Income before tax 89.47M 30.36M 60.59M 33.11M 64.75M
Net income 54.16M 19.57M 49.09M 20.20M 40.14M
EBITDA 220.79M 141.19M 152.64M 226.02M 247.04M
Diluted EPS 0.32 0.11 0.29 0.11 0.23
Dividends Per Share 0.11 0.10 0.10 0.11 0.11
Total Assets 3,532.14M 3,684.62M 3,876.22M 3,793.53M 3,885.39M
Total liabilities 2,474.87M 2,565.52M 2,788.34M 2,686.54M 2,725.47M
Total equity 1,037.43M 1,099.15M 1,079.45M 1,093.08M 1,143.26M
Operating cash flow 159.79M -30.43M -48.94M 301.74M 213.84M

Valuation Measures

Mar 2021
PER35.42
ROA1.01%
ROE3.48%
Operating margin3.76%
Profit margin1.04%

Key executives

  • President, CEO & Representative DIrector: Sadao Mino
  • Executive Officer: Toshiki Nakamura
  • Executive Officer & Manager-Accounting: Tetsuro Iwashita
  • Director & General Manager-Administration: Michi Kuwahara
  • MD, Head-Sales, Overseas & Administration: Tadashi Shibayama

Shareholders

  • Nomura Asset Management Co., Ltd. (4.5%)
  • Lazard Asset Management LLC (3.7%)
  • Mitsubishi UFJ Financial Group, Inc. (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • The Vanguard Group, Inc. (2.4%)
  • Pacific Investment Management Co. LLC (2.3%)
  • JPMorgan Asset Management (Japan) Ltd. (2.0%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Daiwa Asset Management Co. Ltd. (2.0%)
  • Dimensional Fund Advisors LP (1.6%)

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
  • CNIM Group SA
  • RAFAKO S.A.
  • HSD Engine Co., Ltd
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • VAT Group AG
Last Updated on 18 May, 2022

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