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Producer Manufacturing

Ichikoh Industries Ltd.

Business Summary

Ichikoh Industries Ltd. engages in the manufacture and sale of automotive lights and interior mirrors. It operates through the following segments: Automotive Parts, Supplies, and Others. The Automotive Parts segment deals with the manufacture and sale of automotive lighting products and mirrors. The Supplies handles manufacture and sale of valves and wipers. The Others segment handles the manufacturing and sales of automotive light bulbs. The company was founded in June 1903 and is headquartered in Isehara, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue125,510M1,142.31M
Gross Profit24,770M225.44M
Operating income5,563M50.63M
Income before tax6,028M54.86M
Net income3,983M36.25M
EBITDA13,908M126.58M
Diluted EPS41.430.37
Dividends Per Share70.06
Total Assets112,521M977.12M
Total liabilities63,115M548.08M
Total equity48,799M423.76M
Operating cash flow9,209M83.81M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 125,426.35M 140,600M 133,053M 113,859M 125,510M
Gross Profit 25,222.60M 29,130M 27,571M 22,248M 24,770M
Operating income 5,294.65M 9,003M 6,441M 2,469M 5,563M
Income before tax 6,108.31M 9,431M 7,123M 4,005M 6,028M
Net income 5,092.32M 9,756M 5,214M 2,856M 3,983M
EBITDA 14,490.63M 18,562M 14,729M 10,039M 13,908M
Diluted EPS 53.01 101.54 54.24 29.72 41.43
Dividends Per Share 8 7 7 3.50 7
Total Assets 103,177M 102,416M 109,813M 109,634M 112,521M
Total liabilities 69,911M 62,414M 64,403M 65,085M 63,115M
Total equity 31,910M 38,798M 44,240M 43,560M 48,799M
Operating cash flow 9,029M 21,630M 16,122M 11,219M 9,209M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 1,118.54M 1,273.05M 1,220.54M 1,066.40M 1,142.31M
Gross Profit 224.93M 263.75M 252.91M 208.37M 225.44M
Operating income 47.21M 81.51M 59.08M 23.12M 50.63M
Income before tax 54.47M 85.39M 65.34M 37.51M 54.86M
Net income 45.41M 88.33M 47.83M 26.74M 36.25M
EBITDA 129.22M 168.06M 135.11M 94.02M 126.58M
Diluted EPS 0.47 0.91 0.49 0.27 0.37
Dividends Per Share 0.07 0.06 0.06 0.03 0.06
Total Assets 915.90M 933.47M 1,010.47M 1,061.88M 977.12M
Total liabilities 620.60M 568.87M 592.62M 630.39M 548.08M
Total equity 283.26M 353.62M 407.08M 421.90M 423.76M
Operating cash flow 80.51M 195.84M 147.89M 105.07M 83.81M

Valuation Measures

Dec 2021
PER13.17
ROA3.58%
ROE8.62%
Operating margin4.43%
Profit margin3.17%

Key executives

  • Chairman, CEO & Representative Director: Ali Ordoobadi
  • President, COO & Representative Director: Heiko Sauer
  • Director & Senior Managing Executive Officer: Kazuyuki Miyashita
  • Director & Senior Managing Executive Officer: Hideo Nakano
  • Director & Senior Managing Executive Officer: Christophe Vilatte

Shareholders

  • Valeo SE (61.0%)
  • Mizuho Financial Group, Inc. (4.9%)
  • FIL Investment Management (Hong Kong) Ltd. (1.8%)
  • Toyota Motor Corp. (1.5%)
  • Nomura Asset Management Co., Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.3%)
  • Nikko Asset Management Co., Ltd. (1.1%)
  • Aberdeen Asset Managers Ltd. (1.1%)
  • Nippon Life Insurance Co. (1.0%)
  • Dimensional Fund Advisors LP (0.8%)

Contact Details

Related Companies

  • Ichikoh (Wuxi) Automotive Parts Co. Ltd.
  • Ichikoh Industries Restricted Stock Compensation Plan
  • Ichikoh Industries (Thailand) Co. Ltd.
  • Foshan Ichikoh Valeo Auto Lighting Systems Co., Ltd.
  • Wuxi Koh Sean Technology Co., Ltd.
  • PT Ichikoh Indonesia
  • Life Elex, Inc.
  • PIAA Corp.
  • Ichikoh (Malaysia) Sdn. Bhd.

Competitors

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