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Distribution Services

Iwatani Corp.

Business Summary

Iwatani Corp. engages in the provision of gas and energy services. It operates through the following segments: Energy, Industrial Gases & Machinery, Materials, Agri-Bio & Foods, and Others. The Energy Segment deals with the liquefied petroleum gas (LPG), liquefied natural gas, petroleum products, kitchen appliances, home energy components, gas canisters and mineral water. The Industrial Gases and Machinery Segment consists of the air-separation gases, specialty gases, gas-supply facilities, welding materials, manufacturing equipment, pumps and compressors, industrial machinery and facilities, factory automation systems, and environmental equipment. The Materials Segment offers stainless steel, non-ferrous metals, functional plastic products, electronic display materials, mineral sand, and rare earth metals. The Agri-Bio and Foods Segment handles the frozen vegetables and fruits, health food items, livestock-related products, agri-bio goods, and food plant sanitation management. The Others segment engages in the finance, insurance, transportation, and information processing businesses. Iwatani was founded by Naoji Iwatani on May 5, 1930 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue635,590M5,992.88M
Gross Profit160,730M1,515.49M
Operating income29,987M282.74M
Income before tax35,009M330.09M
Net income23,207M218.81M
EBITDA53,197M501.58M
Diluted EPS431.644.06
Dividends Per Share750.70
Total Assets509,518M4,611.02M
Total liabilities257,664M2,331.80M
Total equity242,425M2,193.89M
Operating cash flow48,779M459.93M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 588,045M 670,792M 715,085M 686,771M 635,590M
Gross Profit 147,084M 153,777M 156,214M 161,041M 160,730M
Operating income 25,039M 27,194M 26,460M 28,744M 29,987M
Income before tax 26,781M 29,040M 29,438M 32,197M 35,009M
Net income 16,546M 17,578M 19,221M 20,995M 23,207M
EBITDA 44,745M 47,058M 47,229M 50,853M 53,197M
Diluted EPS 288.30 306.31 334.88 365.50 431.64
Dividends Per Share 40 55 65 95 75
Total Assets 434,690M 453,518M 457,603M 469,715M 509,518M
Total liabilities 289,807M 287,612M 283,613M 278,561M 257,664M
Total equity 134,415M 154,410M 165,409M 182,267M 242,425M
Operating cash flow 37,240M 28,510M 39,117M 40,264M 48,779M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 5,430.40M 6,052.30M 6,448.32M 6,316.54M 5,992.88M
Gross Profit 1,358.27M 1,387.47M 1,408.67M 1,481.16M 1,515.49M
Operating income 231.22M 245.36M 238.60M 264.37M 282.74M
Income before tax 247.31M 262.01M 265.45M 296.13M 330.09M
Net income 152.79M 158.59M 173.32M 193.10M 218.81M
EBITDA 413.20M 424.58M 425.89M 467.71M 501.58M
Diluted EPS 2.66 2.76 3.01 3.36 4.06
Dividends Per Share 0.36 0.49 0.58 0.87 0.70
Total Assets 3,901.01M 4,264.39M 4,134.28M 4,351.02M 4,611.02M
Total liabilities 2,600.79M 2,704.39M 2,562.34M 2,580.34M 2,331.80M
Total equity 1,206.27M 1,451.90M 1,494.41M 1,688.36M 2,193.89M
Operating cash flow 343.89M 257.23M 352.74M 370.32M 459.93M

Valuation Measures

Mar 2021
PER15.82
ROA4.73%
ROE10.92%
Operating margin4.71%
Profit margin3.65%

Key executives

  • Chairman & Chief Executive Officer: Akiji Makino
  • Executive President & Representative Director: Hiroshi Majima
  • Director, Head-Operations & Audit: Naoki Iwatani
  • Director, General Manager-Technology & Engineering: Satoshi Watanabe
  • Director, Executive Vice President & Head-Sales: Makoto Horiguchi

Shareholders

  • Iwatani Naoji Foundation (7.0%)
  • Asset Management One Co., Ltd. (3.0%)
  • Nomura Asset Management Co., Ltd. (2.9%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • Mitsubishi UFJ Financial Group, Inc. (2.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.2%)
  • The Vanguard Group, Inc. (2.0%)
  • Resona Holdings, Inc. (2.0%)
  • Norges Bank Investment Management (1.8%)
  • Tetsu Iwatani YK (1.7%)

Contact Details

Related Companies

  • UM-System KK
  • Iwatani Logistics Co., Ltd.
  • Iwatani Information System Co., Ltd.
  • Iwatani Kenborough Co., Ltd.
  • West Japan Iwatani Gas Co., Ltd.
  • Kotaki Seiki Co., Ltd.
  • Central Oil Gas Co., Ltd.
  • Iwatani Equipment System Co., Ltd.
  • Iwatani Liquefaction Gas Terminal Co., Ltd.
  • Iwatani Sangyo Co., Ltd.
  • Iwatani Corp Restricted Stock Compensation Plan
  • Advanced Specialty Gases, Inc.
  • Nishi-Nippon Cas Corp.
  • NKK Co., Ltd. (Hyogo)
  • ProMotion Co., Ltd.
  • Iwatani Corp. Hanoi Representative Office
  • Iwatani International Corporation of America
  • Iwatani India Pvt Ltd.
  • Iwatani Corporation (Taiwan) Ltd.
  • Iwatani Corporation (Korea) Ltd.
  • Shanghai Iwatani Co. Ltd.
  • Dalian Sumiyoshi Plastic Co. Ltd.
  • Gas Asia Shipping, Inc.
  • Iwatani Industrial Gas (Malaysia) RG Sdn. Bhd.
  • Sydek Hang Fung Trading Co. Ltd.
  • Wuhan Iwatani Commercial Trade Co. Ltd.
  • Iwatani Gas & Machinery (Thailand) Ltd.
  • Zhongshan Sydek Trading Co. Ltd.
  • Guangzhou Iwatani Trading Co. Ltd.
  • Sydek Precision (Zhongshan) Co. Ltd.

Competitors

  • Sheffield Resources Limited
Last Updated on 3 Dec, 2021

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