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Producer Manufacturing

Howa Machinery, Ltd.

  • 828.00 JPY
  • -13.00
  • -1.55%
  • Japan
    Jul 19, 2019
  • Ticker
    TKS(6203)
  • Prev. close
    841
  • Market cap (JPY)
    10,552.98M
  • Market cap (USD)
    97.86M
  • Shares
    12.54M

Business Summary

Howa Machinery, Ltd. engages in the manufacture and sale of machine tools, electronic machines, sweepers and road rollers, windows and doors, and firearms. Its operations are carried out through the following segments: Machine Tools, Firearms, Special Equipment Vehicles, Construction Materials, Real Estate Lease, Domestic Sales, and Others. The Machine Tools segment handles the production of machining centers, special machines, and pneumatic and hydraulic machines. The Firearms segment provides rifles, mortars, and hunting rifles. The Special Equipment Vehicles segment offers road sweeping vehicles, industrial cleaning machines, and automatic floor cleaning machines. The Construction Materials segment produces sound proof sash and doors, belt line sash, and waterproof plates. The Real Estate Lease segment covers the lease of lands and buildings. The Domestic Sales segment sells iron and steel. The Others segment includes the business of its subsidiary Chunichi Transportation Co., Ltd. The company was founded on February 9, 1907 and is headquartered in Kiyosu, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue22,323M201.29M
Gross Profit4,150M37.42M
Operating income1,021M9.20M
Income before tax1,306M11.77M
Net income1,131M10.19M
EBITDA1,620M14.60M
Diluted EPS91.080.82
Dividends Per Share200.18
Total Assets24,354M220.02M
Total liabilities9,073M81.97M
Total equity15,270M137.95M
Operating cash flow690M6.22M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 23,623M 22,364M 18,500M 19,464M 22,323M
Gross Profit 3,362M 3,093M 2,696M 2,993M 4,150M
Operating income 244M 31M -405M -14M 1,021M
Income before tax 639M 6M -452M 279M 1,306M
Net income 570M -66M -625M 169M 1,131M
EBITDA 992M 921M 393M 636M 1,620M
Diluted EPS 45.50 -5.27 -49.85 13.42 91.08
Dividends Per Share 20 20 20 20 20
Total Assets 26,560M 25,177M 24,078M 24,205M 24,354M
Total liabilities 9,860M 9,594M 8,854M 9,305M 9,073M
Total equity 16,687M 15,571M 15,210M 14,883M 15,270M
Operating cash flow 2,035M 84M 1,695M -1,359M 690M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 215.03M 186.23M 170.84M 175.61M 201.29M
Gross Profit 30.60M 25.75M 24.89M 27.00M 37.42M
Operating income 2.22M 0.25M -3.74M -0.12M 9.20M
Income before tax 5.81M 0.04M -4.17M 2.51M 11.77M
Net income 5.18M -0.54M -5.77M 1.52M 10.19M
EBITDA 9.02M 7.66M 3.62M 5.73M 14.60M
Diluted EPS 0.41 -0.04 -0.46 0.12 0.82
Dividends Per Share 0.18 0.16 0.18 0.18 0.18
Total Assets 221.47M 224.00M 216.08M 227.59M 220.02M
Total liabilities 82.21M 85.35M 79.45M 87.49M 81.97M
Total equity 139.14M 138.53M 136.49M 139.94M 137.95M
Operating cash flow 18.52M 0.69M 15.65M -12.26M 6.22M

Valuation Measures

Mar 2019
PER10.49
ROA4.65%
ROE7.50%
Operating margin4.57%
Profit margin5.06%

Key executives

  • President & Representative Director: Takahiro Tsukamoto
  • Director & Head-Technology Development: Masahiro Yoshida
  • Executive Officer & Manager-Firearms Business: Katsuhiko Sekiya
  • Director & Manager-Accounting: Koji Makino
  • Director & Manager-Machinery Business: Kenji Watanabe

Shareholders

  • Nippon Life Insurance Co. (4.1%)
  • BlackRock Japan Co., Ltd. (3.9%)
  • Mizuho Financial Group, Inc. (2.9%)
  • Howa Machinery Business Association (2.5%)
  • Sompo Holdings, Inc. (2.0%)
  • Mitsubishi UFJ Financial Group, Inc. (1.9%)
  • Dimensional Fund Advisors LP (1.7%)
  • Sumitomo Mitsui Trust Holdings, Inc. (1.7%)
  • Howa Machinery Employee Stock Ownership Plan (1.7%)
  • Nomura Asset Management Co., Ltd. (1.5%)

Contact Details

Related Companies

  • Securico KK
  • Howa (Tianjin) Machinery Corp.
  • Howa Machinery Singapore Pte Ltd.
  • Chunichi Transportation Co., Ltd.
  • Howa SA Industrias Mecanicas Em Liquidacao
  • Howa Machinery Business Association
  • Howa Machinery Employee Stock Ownership Plan

Competitors

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