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Producer Manufacturing

Kurimoto, Ltd.

Business Summary

Kurimoto Ltd. engages in the business of ductile iron pipes and construction materials. It operates through the following segments: Pipe System, Machinery System, and Industrial Materials. The Pipe System segment manufactures and sells ductile iron pipes, fittings, accessories, and valves. The Machinery System segment manufactures and sells industrial machines such as mixers, kneaders, and press machines; special cast irons and cast steel; and plant engineering. The Industrial Materials segment manufactures and sells ducts, fiber reinforced plastic pipes, and synthetic resin products. The company was founded by Yunosuke Kurimoto on February 2, 1909 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue109,904M1,010.83M
Gross Profit26,118M240.21M
Operating income4,341M39.92M
Income before tax4,014M36.91M
Net income2,773M25.50M
EBITDA6,742M62.00M
Diluted EPS222.772.04
Dividends Per Share600.55
Total Assets134,623M1,247.02M
Total liabilities75,742M701.60M
Total equity57,892M536.26M
Operating cash flow5,552M51.06M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 101,964M 101,647M 107,122M 108,786M 109,904M
Gross Profit 22,707M 23,889M 24,650M 24,639M 26,118M
Operating income 3,212M 3,304M 3,410M 3,003M 4,341M
Income before tax 3,091M 1,008M 3,403M 2,587M 4,014M
Net income 2,194M 4,103M 2,400M 2,075M 2,773M
EBITDA 5,793M 5,856M 5,878M 5,412M 6,742M
Diluted EPS 169.80 325.99 191.63 165.60 222.77
Dividends Per Share 40 50 60 60 60
Total Assets 124,382M 129,212M 136,504M 137,254M 134,623M
Total liabilities 75,633M 73,081M 77,402M 78,384M 75,742M
Total equity 48,256M 55,600M 58,352M 58,070M 57,892M
Operating cash flow 2,675M 6,883M 9,522M 4,141M 5,552M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 849.10M 938.67M 966.52M 980.98M 1,010.83M
Gross Profit 189.09M 220.60M 222.40M 222.18M 240.21M
Operating income 26.74M 30.51M 30.76M 27.07M 39.92M
Income before tax 25.74M 9.30M 30.70M 23.32M 36.91M
Net income 18.27M 37.88M 21.65M 18.71M 25.50M
EBITDA 48.24M 54.07M 53.03M 48.80M 62.00M
Diluted EPS 1.41 3.01 1.72 1.49 2.04
Dividends Per Share 0.33 0.46 0.54 0.54 0.55
Total Assets 1,106.65M 1,159.58M 1,283.53M 1,240.04M 1,247.02M
Total liabilities 672.92M 655.84M 727.80M 708.17M 701.60M
Total equity 429.34M 498.96M 548.67M 524.64M 536.26M
Operating cash flow 22.27M 63.56M 85.91M 37.34M 51.06M

Valuation Measures

Mar 2020
PER8.50
ROA2.03%
ROE4.78%
Operating margin3.94%
Profit margin2.52%

Key executives

  • President & Representative Director: Moriyoshi Kushida
  • Senior MD, Head-Finance & Internal Control: Motohito Sawai
  • Director & Head-Technology Development: Kikumoto Kazutaka
  • Executive Officer: Shinya Kojima
  • Executive Officer & Head-General Planning: Akitoshi Oda

Shareholders

  • T&D Holdings, Inc. (9.2%)
  • Kurimoto, Ltd. (6.7%)
  • Nippon Life Insurance Co. (5.1%)
  • Mizuho Financial Group, Inc. (4.2%)
  • Daiwa Asset Management Co. Ltd. (4.1%)
  • Resona Holdings, Inc. (3.3%)
  • Dimensional Fund Advisors LP (3.1%)
  • Mizuho Bank Pension Fund (2.4%)
  • Norges Bank Investment Management (2.4%)
  • The Vanguard Group, Inc. (2.2%)

Contact Details

Related Companies

  • Kurimoto Polymers Co., Ltd.
  • Japan Castering Co., Ltd.
  • Readco Kurimoto LLC
  • Kurimoto Board Incentive Plan
  • Kurimoto Ltd. (Germany)
  • Ta Chang Tsuo Machinery Industrial Co. Ltd.
  • Kurimoto (Philippines) Corp.
  • Kuritetsu (Shanghai) Trading Co. Ltd.
  • Kurimoto Trust
  • Kurimoto Concrete Industries Co., Ltd.
  • Kurimoto Construction Industry Ltd.
  • Kurimoto Trading Co., Ltd.
  • Nihon Kaiser Co., Ltd.
  • ZENTEC KK
  • Kurimoto Technos Co. Ltd.
  • Hokkaido Kanzai KK
  • Motoyama Eng. Works Ltd. /Valve Ops./
  • Yamatogawa Co., Ltd.

Competitors

    Last Updated on 12 Aug, 2020

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