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Producer Manufacturing

Koito Manufacturing Co., Ltd.

Business Summary

Koito Manufacturing Co., Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators. It operates through the following geographical segments: Japan, North America, China, Asia, Europe, and Other Regions. The company was founded by Genrokuro Koito on April 1, 1915 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue706,376M6,660.31M
Gross Profit97,244M916.89M
Operating income56,707M534.68M
Income before tax59,429M560.34M
Net income37,612M354.63M
EBITDA94,669M892.62M
Diluted EPS233.932.20
Dividends Per Share500.47
Total Assets782,163M7,078.39M
Total liabilities212,721M1,925.07M
Total equity537,828M4,867.22M
Operating cash flow74,962M706.80M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 841,456M 848,868M 826,257M 800,928M 706,376M
Gross Profit 147,367M 156,604M 147,519M 128,038M 97,244M
Operating income 92,524M 103,785M 101,535M 82,412M 56,707M
Income before tax 91,614M 123,712M 104,439M 84,058M 59,429M
Net income 56,693M 83,398M 72,895M 58,022M 37,612M
EBITDA 124,245M 136,072M 133,595M 118,478M 94,669M
Diluted EPS 352.66 518.72 453.37 360.87 233.93
Dividends Per Share 54 96 92 72 50
Total Assets 658,341M 672,055M 738,175M 729,715M 782,163M
Total liabilities 277,338M 227,243M 234,608M 216,186M 212,721M
Total equity 336,281M 410,348M 461,583M 480,735M 537,828M
Operating cash flow 98,388M 94,793M 96,666M 84,972M 74,962M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 7,770.57M 7,659.02M 7,450.82M 7,366.49M 6,660.31M
Gross Profit 1,360.88M 1,412.98M 1,330.26M 1,177.62M 916.89M
Operating income 854.42M 936.41M 915.59M 757.98M 534.68M
Income before tax 846.02M 1,116.20M 941.78M 773.11M 560.34M
Net income 523.54M 752.46M 657.33M 533.65M 354.63M
EBITDA 1,147.36M 1,227.72M 1,204.70M 1,089.69M 892.62M
Diluted EPS 3.25 4.68 4.08 3.31 2.20
Dividends Per Share 0.49 0.86 0.82 0.66 0.47
Total Assets 5,908.11M 6,319.27M 6,669.15M 6,759.43M 7,078.39M
Total liabilities 2,488.89M 2,136.74M 2,119.60M 2,002.55M 1,925.07M
Total equity 3,017.86M 3,858.46M 4,170.24M 4,453.10M 4,867.22M
Operating cash flow 908.58M 855.28M 871.69M 781.52M 706.80M

Valuation Measures

Mar 2021
PER31.70
ROA4.97%
ROE7.38%
Operating margin8.02%
Profit margin5.32%

Key executives

  • Chairman & Chief Executive Officer: Masahiro Ohtake
  • President, COO & Representative Director: Michiaki Kato
  • Representative Director, VP, GM-Technology & Sales: Kenji Arima
  • Director & Manager-Internal Audit Office: Hideo Yamamoto
  • Senior MD, Head-Compliance Promotions & Personnel: Katsuyuki Kusakawa

Shareholders

  • Toyota Motor Corp. (20.0%)
  • Massachusetts Financial Services Co. (6.3%)
  • Mitsubishi UFJ Financial Group, Inc. (3.7%)
  • Sumitomo Mitsui Financial Group, Inc. (3.3%)
  • Nippon Life Insurance Co. (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.7%)
  • Dai-ichi Life Holdings, Inc. (2.4%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (1.7%)
  • MS&AD Insurance Group Holdings, Inc. (1.7%)

Contact Details

  • Website:http://www.koito.co.jp
  • Address: 4-8-3 Takanawa, Minato-Ku, Tokyo, 108-8711, Japan
  • Phone: +81.3.3443.7111

Related Companies

  • Koito Transport Co., Ltd.
  • NAL do Brasil Industria e Comercio de Componentes de
  • DUNLOP Retread Service Co., Ltd.
  • Koito Malaysia Sdn. Bhd.
  • Koito Insurance Services Co., Ltd.
  • Koito Manufacturing Restricted Stock Compensation Plan
  • Hubei Koito Automotive Lamp Co., Ltd.
  • North American Lighting Mexico SA de CV
  • Guangzhou Koito Automotive Lamp Co. Ltd.
  • PT Indonesia Koito
  • Fuzhou Koito Tayih Automotive Lamp Co. Ltd.
  • Koito Europe NV
  • Aoitec KK
  • Koito Kyushu Ltd.
  • Koito Europe Ltd.
  • Koito Czech sro
  • Koito Unyu KK
  • Okayama Sangyo KK
  • Thai Koito Co., Ltd.
  • Shizuoka Wire Harness Co., Ltd.
  • India Japan Lighting Pvt Ltd.
  • North American Lighting, Inc.
  • Britax Vega Ltd.
  • Nissei Industries Co., Ltd.
  • Fujieda Auto Lighting Co., Ltd.
  • Shimizu Plating Co., Ltd.
  • Haibara Machine & Tools Co., Ltd.
  • Shizuokadenso Co., Ltd.

Competitors

  • Varroc Engineering Limited
  • Valeo SE
Last Updated on 3 Dec, 2021

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