Non-Energy Minerals
Kobe Steel, Ltd.
Business Summary
Kobe Steel, Ltd. engages in the manufacture, production, and sale of iron and steel. It operates through the following segments: Iron and Steel, Welding, Aluminum and Copper, Machinery, Engineering, Construction Machinery, Power, and Other Businesses. The Iron and Steel Business segment includes steel wire rods and bars, steel sheets, steel billets, steel castings and forgings, titanium and titanium alloys, foundry pig iron, slag products, stainless steel tube, construction materials, and other specialty steel products. The Welding Business segment provides welding materials, welding systems, high functional materials and related services. The Aluminum and Copper Business segment covers aluminum sheets and plates, aluminum extrusions and fabricated products, aluminum castings and forgings, copper sheets and strips and copper tubes. The Machinery Business segment provides tire and rubber machinery, plastic processing machinery, advanced technology equipment, metalworking machinery, nonstandard compressors, standard compressors, chemical and energy equipment, nuclear power equipment and related services. The Engineering Business segment includes ironmaking processes, iron ore-pelletizing system, nuclear power products, chemical weapons destruction services, steel structures and sabo, urban transit systems and upgrading of low-rank coal. The Construction Machinery Business segment covers construction equipment, construction recycling machinery, metal recycling machinery, resource recycling machinery and forestry machinery. The Other Businesses segment provides real estate development, construction, sales, brokering and remodeling, material analysis and testing, structural assessment, manufacture and sale of sputtering targets. The company was founded on September 1, 1905 and is headquartered in Kobe, Japan.
Financial Highlights
Mar 2023 | JPY | USD |
Revenue | 2,472.50B | 18,244.94M |
Gross Profit | 321,291M | 2,370.84M |
Operating income | 86,366M | 637.30M |
Income before tax | 98,066M | 723.64M |
Net income | 72,566M | 535.47M |
EBITDA | 198,871M | 1,467.49M |
Diluted EPS | 183.80 | 1.35 |
Dividends Per Share | 40 | 0.29 |
Total Assets | 2,874.75B | 21,600.05M |
Total liabilities | 1,897.09B | 14,254.21M |
Total equity | 913,957M | 6,867.21M |
Operating cash flow | 119,692M | 883.22M |
Currency in JPY | Currency in USD |
Historical Data
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Revenue | 1,971.86B | 1,869.83B | 1,705.56B | 2,082.58B | 2,472.50B |
Gross Profit | 277,679M | 242,666M | 232,241M | 316,081M | 321,291M |
Operating income | 53,976M | 9,864M | 30,399M | 87,623M | 86,366M |
Income before tax | 48,985M | -65,565M | 18,748M | 84,013M | 98,066M |
Net income | 35,941M | -68,008M | 23,233M | 60,083M | 72,566M |
EBITDA | 157,311M | 115,370M | 131,617M | 193,294M | 198,871M |
Diluted EPS | 99.20 | -187.55 | 64.05 | 160.23 | 183.80 |
Dividends Per Share | 20 | 0 | 10 | 40 | 40 |
Total Assets | 2,384.97B | 2,411.19B | 2,582.87B | 2,728.74B | 2,874.75B |
Total liabilities | 1,581.66B | 1,694.81B | 1,813.49B | 1,856.39B | 1,897.09B |
Total equity | 739,576M | 656,882M | 710,362M | 815,327M | 913,957M |
Operating cash flow | 67,136M | 27,040M | 194,798M | 168,809M | 119,692M |
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Revenue | 17,781.45M | 17,197.71M | 16,081.53M | 18,532.81M | 18,244.94M |
Gross Profit | 2,503.98M | 2,231.90M | 2,189.76M | 2,812.79M | 2,370.84M |
Operating income | 486.73M | 90.72M | 286.62M | 779.75M | 637.30M |
Income before tax | 441.72M | -603.03M | 176.77M | 747.62M | 723.64M |
Net income | 324.10M | -625.50M | 219.06M | 534.67M | 535.47M |
EBITDA | 1,418.56M | 1,061.10M | 1,240.99M | 1,720.11M | 1,467.49M |
Diluted EPS | 0.89 | -1.72 | 0.60 | 1.42 | 1.35 |
Dividends Per Share | 0.18 | 0 | 0.09 | 0.35 | 0.29 |
Total Assets | 21,547.39M | 22,335.14M | 23,374.41M | 22,481.93M | 21,600.05M |
Total liabilities | 14,289.75M | 15,699.30M | 16,411.70M | 15,294.69M | 14,254.21M |
Total equity | 6,681.80M | 6,084.77M | 6,428.61M | 6,717.42M | 6,867.21M |
Operating cash flow | 605.40M | 248.69M | 1,836.72M | 1,502.22M | 883.22M |
Valuation Measures
Mar 2023 | |
PER | 5.72 |
ROA | 2.59% |
ROE | 8.39% |
Operating margin | 3.49% |
Profit margin | 2.93% |
Key executives
- President & Representative Director: Mitsugu Yamaguchi
- Representative Director & Executive Vice President: Yoshihiko Katsukawa
- Executive Officer & Technology Management: Shoji Miyazaki
- Executive Officer & GM-Technology Development: Yuichiro Goto
- Executive Officer, Head-Compliance & Audit: Keitaro Nakamori
Shareholders
- Nomura Asset Management Co., Ltd. (3.9%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
- Dimensional Fund Advisors LP (2.7%)
- NIPPON STEEL CORP. (2.7%)
- The Vanguard Group, Inc. (2.1%)
- Nikko Asset Management Co., Ltd. (1.6%)
- Daiwa Asset Management Co. Ltd. (1.5%)
- Nippon Life Insurance Co. (1.3%)
- Kobe Steel Employee Stock Ownership Plan (1.1%)
- Saudi Arabian Monetary Agency (Investment Management) (1.1%)
Contact Details
- Website:http://www.kobelco.co.jp
- Address: Shinko Building, 2-2-4 Wakinohama Kaigandori, Kobe, 651-8585, Japan
- Phone: +81.78.261.5111
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Competitors
- Caterpillar Inc.
- Manitowoc Company, Inc.
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