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Producer Manufacturing

KITZ Corp.

Business Summary

KITZ Corp. engages in the manufacture and sale of industrial valves, other flow control devices and related products. It operates through the following segments: Valve Manufacturing, Brass Bar Manufacturing and Others. The Valve Manufacturing segment involves in the manufacture and sale of bronze valves, steel valves, and valve for filtration and its accessories. The Brass Bar Manufacturing segment handles manufacture and sale of brass bar both processed and finished products. The Others segment engages in the fitness club, hotel, and restaurant businesses. The company was founded on January 26, 1951 and is headquartered in Chiba, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue112,326.38M1,052.05M
Gross Profit28,557.26M267.46M
Operating income5,002.65M46.85M
Income before tax4,318.65M40.44M
Net income2,818.65M26.39M
EBITDA11,695.97M109.54M
Diluted EPS23.370.21
Dividends Per Share290.27
Total Assets140,681M1,362.59M
Total liabilities65,511M634.51M
Total equity74,293M719.57M
Operating cash flow10,024M93.88M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Dec 2020
Revenue 117,278M 114,101M 124,566M 136,637M 112,326.38M
Gross Profit 29,187M 30,998M 33,546M 38,644M 28,557.26M
Operating income 7,245M 8,929M 10,118M 11,714M 5,002.65M
Income before tax 7,488M 7,025M 10,114M 9,108M 4,318.65M
Net income 4,915M 5,400M 6,519M 5,626M 2,818.65M
EBITDA 11,591M 13,515M 14,879M 16,764M 11,695.97M
Diluted EPS 45.50 51.43 65.50 58.50 23.37
Dividends Per Share 13 13 17 20 29
Total Assets 119,422M 119,148M 133,545M 131,657M 140,681M
Total liabilities 43,326M 44,252M 56,150M 54,825M 65,511M
Total equity 75,069M 73,791M 76,218M 75,597M 74,293M
Operating cash flow 9,592M 12,979M 6,941M 10,069M 10,024M
 Mar 2016Mar 2017Mar 2018Mar 2019Dec 2020
Revenue 976.63M 1,053.68M 1,123.91M 1,232.13M 1,052.05M
Gross Profit 243.05M 286.25M 302.67M 348.47M 267.46M
Operating income 60.33M 82.45M 91.29M 105.63M 46.85M
Income before tax 62.35M 64.87M 91.25M 82.13M 40.44M
Net income 40.92M 49.86M 58.81M 50.73M 26.39M
EBITDA 96.52M 124.80M 134.24M 151.17M 109.54M
Diluted EPS 0.37 0.47 0.59 0.52 0.21
Dividends Per Share 0.10 0.12 0.15 0.18 0.27
Total Assets 1,062.52M 1,069.26M 1,255.71M 1,189.47M 1,362.59M
Total liabilities 385.47M 397.12M 527.97M 495.32M 634.51M
Total equity 667.90M 662.21M 716.67M 682.99M 719.57M
Operating cash flow 79.87M 119.85M 62.62M 90.79M 93.88M

Valuation Measures

Dec 2020
PER26.82
ROA2.06%
ROE3.76%
Operating margin4.45%
Profit margin2.50%

Key executives

  • President & Representative Director: Makoto Kono
  • Executive Officer & General Manager-Technology: Takahito Hirashima
  • Director, Vice President & GM-Corporate Planning: Toshiaki Natori
  • Executive Officer & GM-Domestic Sales: Kenji Kato
  • Executive Officer & Senior GM-Production: Kazuhiko Hirabayashi

Shareholders

  • Kitazawakai Stock Ownership Plan (5.2%)
  • Nippon Life Insurance Co. (4.7%)
  • Sumitomo Life Insurance Co. (3.7%)
  • Kitazawa Ikueikai Foundation (3.7%)
  • Kitz Business Association (3.4%)
  • Baillie Gifford & Co. (2.9%)
  • Sumitomo Mitsui Financial Group, Inc. (2.8%)
  • The Vanguard Group, Inc. (2.3%)
  • Kitz Employee Stock Ownership Plan (2.2%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.2%)

Contact Details

  • Website:http://www.kitz.co.jp
  • Address: 1-10-1 Nakase, Mihama-Ku, Chiba, 261-8577, Japan
  • Phone: +81.43.299.0111

Related Companies

  • Kitz Board Member Incentive Plan
  • KITZ Corporation of Lian Yun Gang
  • KITZ Valve & Actuation Singapore Pte Ltd.
  • KITZ (Thailand) Ltd.
  • KITZ Corporation of Shanghai
  • KITZ SCT America Corp.
  • KITZ Europe GmbH
  • KITZ Corp. of Asia Pacific Pte. Ltd.
  • Kitz Corporation of Taiwan
  • Kitz Corporation of Kunshan Co. Ltd.
  • Metalurgica Golden Art's Ltda.
  • Kitz Corp. of Jiangsu Kunshan
  • Kitz Corp. of Mexico SA de CV
  • Kitz Metal Works Corp.
  • Kitz Microfilter Corp.
  • Hotel Beniya Co. Ltd.
  • Kitz Corporation of Europe SA
  • Kitz SCT Corp.
  • Miyoshi Valve Co., Ltd.
  • Kicho KK
  • Cephas Pipelines Corp.
  • Kirin Plaza KK
  • PERRIN GmbH
  • Kitz Corp. of America
  • Benkan Co. Ltd. /Valve Ops/
  • Kitazawakai Stock Ownership Plan
  • Kyoto Brass Co. Ltd.
  • Kitz Employee Stock Ownership Plan
  • Kitazawa Ikueikai Foundation
  • Kitz Business Association

Competitors

  • VAT Group AG
Last Updated on 18 Jun, 2021

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