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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 2020 JPYUSD
Revenue381,584M3,509.60M
Gross Profit71,254M655.35M
Operating income-4,877M-44.85M
Income before tax-41,419M-380.94M
Net income-61,880M-569.13M
EBITDA15,738M144.74M
Diluted EPS-2,422.51-22.28
Dividends Per Share----
Total Assets410,454M3,802.08M
Total liabilities330,637M3,062.72M
Total equity74,094M686.34M
Operating cash flow-4,999M-45.97M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 355,320M 355,316M 392,394M 412,214M 381,584M
Gross Profit 72,073M 72,430M 79,584M 82,115M 71,254M
Operating income 17,587M 18,624M 21,601M -20,661M -4,877M
Income before tax 4,117M 17,836M 20,881M -29,510M -41,419M
Net income -3,161M 14,545M 15,202M -24,757M -61,880M
EBITDA 34,662M 34,546M 38,589M -3,080M 15,738M
Diluted EPS -123.70 569.30 595.10 -969.19 -2,422.51
Dividends Per Share 110 120 150 -- --
Total Assets 359,002M 381,326M 412,493M 441,074M 410,454M
Total liabilities 205,621M 211,555M 225,842M 285,430M 330,637M
Total equity 148,278M 164,299M 180,225M 149,337M 74,094M
Operating cash flow 19,958M 31,153M 29,252M 17,047M -4,999M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 2,958.92M 3,281.22M 3,540.42M 3,717.16M 3,509.60M
Gross Profit 600.18M 668.86M 718.05M 740.47M 655.35M
Operating income 146.45M 171.98M 194.89M -186.31M -44.85M
Income before tax 34.28M 164.70M 188.40M -266.10M -380.94M
Net income -26.32M 134.31M 137.16M -223.24M -569.13M
EBITDA 288.64M 319.02M 348.17M -27.77M 144.74M
Diluted EPS -1.03 5.25 5.36 -8.73 -22.28
Dividends Per Share 0.91 1.10 1.35 -- --
Total Assets 3,194.11M 3,422.11M 3,878.63M 3,984.94M 3,802.08M
Total liabilities 1,829.44M 1,898.54M 2,123.57M 2,578.75M 3,062.72M
Total equity 1,319.25M 1,474.45M 1,694.64M 1,349.20M 686.34M
Operating cash flow 166.19M 287.68M 263.92M 153.72M -45.97M

Valuation Measures

Mar 2020
PER--
ROA-14.53%
ROE-55.39%
Operating margin-1.27%
Profit margin-16.21%

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%)
  • Nippon Value Investors KK (5.0%)
  • Meiji Yasuda Life Insurance Co. (3.9%)
  • Hitachi Construction Machinery Co., Ltd. (3.4%)
  • Kayaba Industry Business Association (3.1%)
  • The Vanguard Group, Inc. (2.4%)
  • Mizuho Bank Pension Fund (2.3%)
  • Asset Management One Co., Ltd. (2.3%)
  • The Ogaki Kyoritsu Bank Ltd. (2.2%)
  • Nomura Asset Management Co., Ltd. (2.1%)

Contact Details

  • Website:http://www.kyb.co.jp
  • Address: World Trade Center Building, 11/F, 2-4-1 Hamamatsu-cho, Tokyo, 105-6111, Japan
  • Phone: +81.3.3435.3511

Related Companies

  • 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 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.
  • 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
  • Conmat Systems Pvt Ltd.
  • Kayaba Industry Business Association
  • KYB-CADAC Co., Ltd.
  • KYB Manufacturing Vietnam Co., Ltd.
  • KYB (China) Investment Co., Ltd.
  • KYB Europe Headquarters GmbH
  • KYB Hydraulics Industry (Zhenjiang) Ltd.
  • KYB Trust
  • KYB-Mando do Brasil Fabricante de Autopecas SA
  • Yung Hwa Machinery Industrial Co. Ltd.
  • Kenshu KK
  • KYB Advanced Manufacturing Spain SA

Competitors

  • Nabtesco Corporation
  • Tenneco Inc. Class A
  • Hitachi,Ltd.
  • NSK Ltd.
  • F-Tech Inc.
  • Showa Corporation
  • Fine Sinter Co., Ltd.
  • JTEKT Corporation
  • Nachi-Fujikoshi Corp.
  • Fox Factory Holding Corp.
  • Jiangsu Hengli Hydraulic Co., Ltd. Class A
  • Concentric AB
  • DY POWER Corporation
Last Updated on 2 Jun, 2020

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