Industrial Services

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: Environment, Machinery and Infrastructure, and Other. The Environment segment manages recycling facilities, water and sludge treatment facilities, power generation equipment, biomass utilization systems, and seawater desalination plants. The Machinery and Infrastructure segment offers marine motors and machineries, denitrification catalysts, pressure vessels, plastic machineries, food machineries, pharmaceutical machineries, electronics and control systems, and disaster prevention systems. 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 2023	JPY	USD
Revenue	492,692M	3,635.63M
Gross Profit	83,358M	615.10M
Operating income	20,057M	148.00M
Income before tax	18,526M	136.70M
Net income	15,577M	114.94M
EBITDA	31,030M	228.97M
Diluted EPS	92.42	0.68
Dividends Per Share	18	0.13
Total Assets	479,682M	3,604.19M
Total liabilities	338,366M	2,542.38M
Total equity	139,620M	1,049.06M
Operating cash flow	28,008M	206.67M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	378,140M	402,450M	408,592M	441,797M	492,692M
Gross Profit	61,102M	69,279M	72,815M	72,149M	83,358M
Operating income	7,359M	13,892M	15,397M	15,542M	20,057M
Income before tax	6,720M	3,600M	6,868M	11,873M	18,526M
Net income	5,444M	2,197M	4,258M	7,899M	15,577M
EBITDA	16,927M	24,575M	26,201M	26,463M	31,030M
Diluted EPS	32.30	13.03	25.26	46.86	92.42
Dividends Per Share	12	12	12	12	18
Total Assets	429,040M	409,531M	429,336M	461,161M	479,682M
Total liabilities	308,628M	290,026M	301,165M	328,230M	338,366M
Total equity	119,479M	118,004M	126,331M	131,300M	139,620M
Operating cash flow	-5,428M	32,808M	22,680M	26,858M	28,008M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	3,409.90M	3,701.51M	3,852.55M	3,931.53M	3,635.63M
Gross Profit	550.99M	637.19M	686.56M	642.05M	615.10M
Operating income	66.36M	127.77M	145.17M	138.30M	148.00M
Income before tax	60.59M	33.11M	64.75M	105.65M	136.70M
Net income	49.09M	20.20M	40.14M	70.29M	114.94M
EBITDA	152.64M	226.02M	247.04M	235.49M	228.97M
Diluted EPS	0.29	0.11	0.23	0.41	0.68
Dividends Per Share	0.10	0.11	0.11	0.10	0.13
Total Assets	3,876.22M	3,793.53M	3,885.39M	3,799.47M	3,604.19M
Total liabilities	2,788.34M	2,686.54M	2,725.47M	2,704.26M	2,542.38M
Total equity	1,079.45M	1,093.08M	1,143.26M	1,081.77M	1,049.06M
Operating cash flow	-48.94M	301.74M	213.84M	239.00M	206.67M

Valuation Measures

Mar 2023
PER	9.36
ROA	3.31%
ROE	11.49%
Operating margin	4.07%
Profit margin	3.16%

Key executives

President, CEO & Representative DIrector: Sadao Mino
MD, Head-Production Technology & Infrastructure: Tatsuji Kamaya
Executive Officer: Toshiki Nakamura
Executive Officer & Manager-Accounting: Tetsuro Iwashita
MD, GM-Development & Senior Head-Overseas: Tadashi Shibayama

Shareholders

M&G Investment Management Ltd. (5.2%)
Nomura Asset Management Co., Ltd. (3.9%)
Mitsubishi UFJ Financial Group, Inc. (3.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
The Vanguard Group, Inc. (2.6%)
JPMorgan Asset Management (Japan) Ltd. (2.2%)
Pacific Investment Management Co. LLC (2.0%)
Nikko Asset Management Co., Ltd. (2.0%)
Daiwa Asset Management Co. Ltd. (1.9%)
Dimensional Fund Advisors LP (1.8%)

Contact Details

Website:http://www.hitachizosen.co.jp
Address: 1-7-89 Nankokita, Suminoe-Ku, Osaka, 559-8559, Japan
Phone: +81.6.6569.0001

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Competitors

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Last Updated on 2 Jun, 2023