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Non-Energy Minerals

Kobe Steel, Ltd.

  • 1,044.00 JPY
  • +16.00
  • +1.56%
  • Japan
    Oct 17, 2018
  • Ticker
    TKS(5406)
  • Prev. close
    1,028
  • Market cap (JPY)
    374,566.43M
  • Market cap (USD)
    3,337.63M
  • Shares
    364.36M

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 2018 JPYUSD
Revenue1,881.15B16,972.99M
Gross Profit299,314M2,700.59M
Operating income88,915M802.24M
Income before tax73,168M660.16M
Net income63,187M570.11M
EBITDA190,947M1,722.84M
Diluted EPS174.431.57
Dividends Per Share300.27
Total Assets2,352.42B22,119.64M
Total liabilities1,561.43B14,682.05M
Total equity742,588M6,982.49M
Operating cash flow190,832M1,721.80M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 1,824.69B 1,886.89B 1,822.80B 1,695.86B 1,881.15B
Gross Profit 300,320M 317,534M 286,123M 225,891M 299,314M
Operating income 114,548M 119,460M 68,445M 9,750M 88,915M
Income before tax 88,208M 104,325M -10,619M -10,961M 73,168M
Net income 70,191M 86,549M -21,556M -23,044M 63,187M
EBITDA 197,484M 209,341M 163,257M 106,031M 190,947M
Diluted EPS 226.30 238.20 -59.30 -63.54 174.43
Dividends Per Share 40 40 20 0 30
Total Assets 2,288.63B 2,300.24B 2,261.13B 2,310.43B 2,352.42B
Total liabilities 1,553.95B 1,448.45B 1,515.64B 1,581.02B 1,561.43B
Total equity 668,998M 776,492M 692,006M 673,928M 742,588M
Operating cash flow 194,294M 153,078M 97,933M 141,716M 190,832M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 18,215.73M 17,175.99M 15,179.37M 15,660.75M 16,972.99M
Gross Profit 2,998.05M 2,890.44M 2,382.68M 2,086.03M 2,700.59M
Operating income 1,143.51M 1,087.41M 569.97M 90.03M 802.24M
Income before tax 880.56M 949.64M -88.42M -101.22M 660.16M
Net income 700.70M 787.83M -179.50M -212.80M 570.11M
EBITDA 1,971.45M 1,905.58M 1,359.52M 979.16M 1,722.84M
Diluted EPS 2.25 2.16 -0.49 -0.58 1.57
Dividends Per Share 0.39 0.36 0.16 0 0.27
Total Assets 22,223.00M 19,180.66M 20,117.74M 20,734.40M 22,119.64M
Total liabilities 15,089.15M 12,078.01M 13,484.95M 14,188.52M 14,682.05M
Total equity 6,496.07M 6,474.81M 6,156.91M 6,047.99M 6,982.49M
Operating cash flow 1,939.61M 1,393.43M 815.53M 1,308.70M 1,721.80M

Valuation Measures

Mar 2018
PER6.11
ROA2.71%
ROE8.92%
Operating margin4.72%
Profit margin3.35%

Key executives

  • CEO & Representative Director: Mitsugu Yamaguchi
  • Executive Technical Officer: Kimio Hashimoto
  • Head-Company-wide Compliance: Kunio Uchiyamada
  • Head-Legal, Compliance & Audit: Yasushi Okubo
  • Representative Director & Executive Vice President: Yoshinori Onoe

Shareholders

  • Nippon Steel & Sumitomo Metal Corp. (2.9%)
  • Nippon Life Insurance Co. (2.7%)
  • Nomura Asset Management Co., Ltd. (2.7%)
  • Mitsubishi UFJ Financial Group, Inc. (2.6%)
  • Mizuho Financial Group, Inc. (2.3%)
  • The Vanguard Group, Inc. (2.0%)
  • BlackRock Fund Advisors (1.3%)
  • Dimensional Fund Advisors LP (1.3%)
  • Sojitz Corp. (1.2%)
  • Daiwa Asset Management Co. Ltd. (0.9%)

Contact Details

  • Website:http://www.kobelco.co.jp
  • Address: Shinko Building, 2-4 Wakinohama Kaigandori 2-chome, Kobe, 651-8585, Japan
  • Phone: +81.78.261.5111

Related Companies

  • Kobelco ROBOTIX Co., Ltd.
  • Shinko Pantec Co., Ltd.
  • Kobelco Millcon Steel Co. Ltd.
  • Kobelco Aluminum Products & Extrusions, Inc.
  • Kobe Steel Board Incentive Plan
  • Beijing Kobelion Kobelco Compressors Corp.
  • Sheng Shi Kobelco Compressors (Beijing) Corp.
  • Kobe MIG Wire (Thailand) Co. Ltd.
  • Kobelco Compressors (Shanghai) Corp.
  • Kobelco Machinery Asia Pte Ltd.
  • Shanghai Kobelco (China) Holding Co. Ltd.
  • Kobelco Automotive Alminum Rolled Products (China) Co. Ltd.
  • Kobelco Advanced Lube-System Asia Co., Ltd.
  • Kobelco Machinery Middle East FZE
  • Kobelco Compressors (Cambodia) Co. Ltd.
  • Kobelco Machinery do Brasil Servicos Empresariais Ltda.
  • Kobelco Compressors America, Inc. (California)
  • Kobelco Compressors Manufacturing (Shanghai) Corp.
  • Kobelco Machinery India Pvt Ltd.
  • Kobelco Machinery Europe GmbH
  • Kobe Wire Products (Foshan) Co. Ltd.
  • KOBELCO Construction Machinery USA, Inc.
  • Kobelco & Materials Copper Tube (Malaysia) Sdn. Bhd.
  • Microfine Trading (Shanghai) Co. Ltd.
  • KOBELCO Compressors & Machinery Philippines Corp.
  • Kobe Welding of Qingdao Co. Ltd.
  • Kobelco Precision Parts (Suzhou) Co. Ltd.
  • Suzhou Kobe Copper Technology Co. Ltd.
  • Kobelco Compressors Malaysia Sdn. Bhd.
  • Kobe Electronics Material (Thailand) Co. Ltd.

Competitors

  • Outotec Oyj
  • Lincoln Electric Holdings, Inc.
  • Mueller Industries, Inc.
  • Arconic, Inc.
  • Terex Corporation
  • Manitowoc Company, Inc.
  • TOKYO GAS Co., Ltd.
Last Updated on 17 Oct, 2018

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