ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Producer Manufacturing

KYB Corp.

Business Summary

KYB Corp. engages in the manufacture and sale of shock absorbers, hydraulic equipment and system products. It operates through the following segments: Automotive Components, Hydraulic Components, System Products and Others. The Automotive Components segment includes shock absorbers, suspension systems, power steering systems, vane pumps, front forks, oil cushion units, stay dampers, and locks. The Hydraulic Components segment consists of cylinders, valves, oil dampers, shock absorbers, pumps, motors, and aircraft systems. The System Products segment includes simulators, auditorium and stage control systems. The Others segment composes of specially-equipped vehicles, concrete mixer trucks, environmental equipment, electronics, simulators, naval equipment, and hydraulic systems. The company was founded by Shiro Kayaba on November 19, 1919 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue328,037M3,093.01M
Gross Profit60,308M568.63M
Operating income27,819M262.30M
Income before tax16,340M154.06M
Net income17,088M161.12M
EBITDA46,453M437.99M
Diluted EPS668.956.30
Dividends Per Share750.70
Total Assets426,635M3,860.95M
Total liabilities309,909M2,804.60M
Total equity110,683M1,001.65M
Operating cash flow20,826M196.36M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 355,316M 392,394M 412,214M 381,584M 328,037M
Gross Profit 72,430M 79,584M 82,115M 71,254M 60,308M
Operating income 18,624M 21,601M -20,661M -4,877M 27,819M
Income before tax 17,836M 20,881M -29,510M -41,419M 16,340M
Net income 14,545M 15,202M -24,757M -61,880M 17,088M
EBITDA 34,546M 38,589M -3,080M 15,738M 46,453M
Diluted EPS 569.30 595.10 -969.19 -2,422.51 668.95
Dividends Per Share 120 150 0 0 75
Total Assets 381,326M 412,493M 441,074M 410,454M 426,635M
Total liabilities 211,555M 225,842M 285,430M 330,637M 309,909M
Total equity 164,299M 180,225M 149,337M 74,094M 110,683M
Operating cash flow 31,153M 29,252M 17,047M -4,999M 20,826M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 3,281.22M 3,540.42M 3,717.16M 3,509.60M 3,093.01M
Gross Profit 668.86M 718.05M 740.47M 655.35M 568.63M
Operating income 171.98M 194.89M -186.31M -44.85M 262.30M
Income before tax 164.70M 188.40M -266.10M -380.94M 154.06M
Net income 134.31M 137.16M -223.24M -569.13M 161.12M
EBITDA 319.02M 348.17M -27.77M 144.74M 437.99M
Diluted EPS 5.25 5.36 -8.73 -22.28 6.30
Dividends Per Share 1.10 1.35 0 0 0.70
Total Assets 3,422.11M 3,878.63M 3,984.94M 3,802.08M 3,860.95M
Total liabilities 1,898.54M 2,123.57M 2,578.75M 3,062.72M 2,804.60M
Total equity 1,474.45M 1,694.64M 1,349.20M 686.34M 1,001.65M
Operating cash flow 287.68M 263.92M 153.72M -45.97M 196.36M

Valuation Measures

Mar 2021
PER4.51
ROA4.08%
ROE18.49%
Operating margin8.48%
Profit margin5.20%

Key executives

  • Executive President & Representative Director: Masao Ono
  • Representative Director, EVP & Head-Global Finance: Takaaki Kato
  • Executive Officer & General Manager-Technology: Takashi Tezuka
  • Director & Executive Vice President: Keisuke Saito
  • Executive Officer & General Manager-Procurement: Tomoki Takaoka

Shareholders

  • Toyota Motor Corp. (7.6%)
  • Meiji Yasuda Life Insurance Co. (3.9%)
  • Nippon Value Investors KK (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
  • Hitachi Construction Machinery Co., Ltd. (3.4%)
  • Kayaba Industry Business Association (3.3%)
  • Asset Management One Co., Ltd. (2.6%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • Mizuho Bank Pension Fund (2.3%)
  • The Ogaki Kyoritsu Bank Ltd. (2.2%)

Contact Details

  • Website:http://www.kyb.co.jp
  • Address: World Trade Center Building, 28/F, 2-4-1 Hamamatsu-cho, Tokyo, 105-5128, Japan
  • Phone: +81.3.3435.3511

Related Companies

  • Kyb Stock Employee Stock Ownership Plan
  • Kensiyuu Co., Ltd.
  • KYB Logistics Co., Ltd.
  • KYB Asian Pacific Corp. Ltd.
  • KYB Manufacturing do Brasil Fabricante de Autopecas SA
  • Hubei Henglong & KYB Automobile Electric Steering System Co.,
  • KYB Engineering & Service Co., Ltd.
  • KYB Stage Engineering Co., Ltd.
  • KYB Systemerit Co., Ltd.
  • KYB Motorcycle Suspension Co., Ltd.
  • Chita KYB Manufacturing (Zhenjiang) Co., Ltd.
  • Kai Siya Oil Monitoring (Jiangsu) Co. Ltd.
  • KYB Technical Center (Thailand) Co. Ltd.
  • KYB Motorcycle Suspension India Pvt Ltd.
  • KYB Middle East FZE
  • KYB Asia Co. Ltd.
  • Kyb International America, Inc.
  • KYB Panama SA
  • KYB Latinoamerica SA de CV
  • PT KYB Hydraulics Manufacturing Indonesia
  • KYB Mexico SA de CV
  • Changzhou KYB Leadrun Vibration Reduction Technology Co. Ltd.
  • KYB Trading (Shanghai) Co. Ltd.
  • KYB Industrial Machinery (Zhenjiang) Ltd.
  • KK Hydraulics Sales (Shanghai) Ltd.
  • KYB Manufacturing Taiwan Co., Ltd.
  • KYB CHITA Manufacturing Europe sro
  • KYB Europe Headquarters BV
  • KYB-YS Co., Ltd.
  • PT Chita Indonesia

Competitors

  • Jiangsu Hengli Hydraulic Co., Ltd. Class A
  • Fox Factory Holding Corp.
  • DY POWER Corporation
  • Concentric AB
Last Updated on 2 Dec, 2021

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more