ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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 2020 JPYUSD
Revenue1,869.83B17,197.71M
Gross Profit242,666M2,231.90M
Operating income9,864M90.72M
Income before tax-65,565M-603.03M
Net income-68,008M-625.50M
EBITDA115,370M1,061.10M
Diluted EPS-187.55-1.72
Dividends Per Share00
Total Assets2,411.19B22,335.14M
Total liabilities1,694.81B15,699.30M
Total equity656,882M6,084.77M
Operating cash flow27,040M248.69M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,822.80B 1,695.86B 1,881.15B 1,971.86B 1,869.83B
Gross Profit 286,123M 225,891M 299,314M 277,679M 242,666M
Operating income 68,445M 9,750M 90,474M 53,976M 9,864M
Income before tax -10,619M -10,961M 73,168M 48,985M -65,565M
Net income -21,556M -23,044M 63,187M 35,941M -68,008M
EBITDA 163,257M 106,031M 192,689M 157,311M 115,370M
Diluted EPS -59.30 -63.54 174.43 99.20 -187.55
Dividends Per Share 20 0 30 20 0
Total Assets 2,261.13B 2,310.43B 2,352.11B 2,384.97B 2,411.19B
Total liabilities 1,515.64B 1,581.02B 1,561.12B 1,581.66B 1,694.81B
Total equity 692,006M 673,928M 742,588M 739,576M 656,882M
Operating cash flow 97,933M 141,716M 190,832M 67,136M 27,040M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 15,179.37M 15,660.75M 16,972.99M 17,781.45M 17,197.71M
Gross Profit 2,382.68M 2,086.03M 2,700.59M 2,503.98M 2,231.90M
Operating income 569.97M 90.03M 816.31M 486.73M 90.72M
Income before tax -88.42M -101.22M 660.16M 441.72M -603.03M
Net income -179.50M -212.80M 570.11M 324.10M -625.50M
EBITDA 1,359.52M 979.16M 1,738.56M 1,418.56M 1,061.10M
Diluted EPS -0.49 -0.58 1.57 0.89 -1.72
Dividends Per Share 0.16 0 0.27 0.18 0
Total Assets 20,117.74M 20,734.40M 22,116.72M 21,547.39M 22,335.14M
Total liabilities 13,484.95M 14,188.52M 14,679.13M 14,289.75M 15,699.30M
Total equity 6,156.91M 6,047.99M 6,982.49M 6,681.80M 6,084.77M
Operating cash flow 815.53M 1,308.70M 1,721.80M 605.40M 248.69M

Valuation Measures

Mar 2020
PER--
ROA-2.83%
ROE-9.74%
Operating margin0.52%
Profit margin-3.63%

Key executives

  • Head-Company-Wide Compliance: Kunio Uchiyamada
  • Representative Director & Executive Vice President: Makoto Mizuguchi
  • Director & Executive Vice President: Fusaki Koshiishi
  • Director & Executive Vice President: Koichiro Shibata
  • Vice President: Kazuto Morisaki

Shareholders

  • Nomura Asset Management Co., Ltd. (4.8%)
  • Asset Management One Co., Ltd. (3.2%)
  • NIPPON STEEL CORP. (2.9%)
  • Nippon Life Insurance Co. (2.7%)
  • Dimensional Fund Advisors LP (2.4%)
  • BlackRock Fund Advisors (1.8%)
  • The Vanguard Group, Inc. (1.8%)
  • SHIMABUN Corp. (1.6%)
  • Nikko Asset Management Co., Ltd. (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

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

Related Companies

  • Kobelco Wire Co. Ltd.
  • Kobelco Machinery System Engineering (Qingdao) Co., Ltd.
  • Kobelco Compressors Importer Philippines, Inc.
  • Kobelco Compressors (Thailand) Ltd.
  • Kobelco Compressors (Vietnam) Ltd.
  • Kobe Welding (Malaysia) Sdn. Bhd.
  • Kobelco Construction Machinery Middle East & Africa FZCO
  • Midrex Technologies Gulf Services FZCO
  • Kobelco Engineering Europe SARL
  • Quintus Technologies Holding AB
  • Kobelco Logistics India Pvt Ltd.
  • Kobe Professional Service, Inc.
  • Kobe Aluminum USA, Inc.
  • Kobe Technologies Proprietary, Inc.
  • Kobelco Financial Consulting (Shanghai) Co., Ltd.
  • Kobelco South East Asia Ltd.
  • Kobelco Compressors India Pvt Ltd.
  • TAC Air Engineering Sdn. Bhd.
  • Kobelco Power Kobe Daini Co., Ltd.
  • Kobelco Power Moka Co., Ltd.
  • Kobelco Power Kobe, Inc.
  • Kobe Steel Ltd. /Flare Protection Business/
  • Kobe Steel Ltd. /Steel Check Dam Business/
  • Kobelco Automotive Aluminum Rolled Products China Co., Ltd.
  • Kobe Steel India
  • Midrex Technologies India Pvt Ltd.
  • Kobelco ROBOTIX Co., Ltd.
  • Shinko Pantec Co., Ltd.
  • Kobelco Millcon Steel Co. Ltd.
  • Kobelco Aluminum Products & Extrusions, Inc.

Competitors

  • Lincoln Electric Holdings, Inc.
  • Caterpillar Inc.
  • PT Selamat Sempurna Tbk
  • Manitowoc Company, Inc.
  • Arconic Corp.
Last Updated on 10 May, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

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