ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon
Producer Manufacturing

Kurita Water Industries Ltd.

  • 2,984.00 JPY
  • -31.00
  • -1.03%
  • Japan
    Aug 16, 2018
  • Ticker
    TKS(6370)
  • Prev. close
    3,015
  • Market cap (JPY)
    350,345.09M
  • Market cap (USD)
    3,171.54M
  • Shares
    116.20M

Business Summary

Kurita Water Industries Ltd. engages in the provision of water treatment solution products, technology, and maintenance services. It operates through the following business segments: Water Treatment Chemicals and Water Treatment Facilities. The Water Treatment Chemicals segment provides chemicals for the following: boiler water treatment, cooling water treatment, wastewater treatment, and process treatment. It also provides packaged contracts, chemical injection, and dosing equipment. The Water Treatment Facilities segment provides ultrapure water production system, water treatment systems for general industrial use, wastewater treatment, and reclamation systems. The company was founded on July 13, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2018 JPYUSD
Revenue236,815M2,136.69M
Gross Profit76,339M688.77M
Operating income22,476M202.79M
Income before tax25,535M230.39M
Net income17,898M161.48M
EBITDA39,337M354.92M
Diluted EPS159.361.43
Dividends Per Share520.46
Total Assets323,046M3,037.57M
Total liabilities82,190M772.82M
Total equity238,804M2,245.45M
Operating cash flow21,408M193.15M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 178,137M 189,398M 214,372M 214,187M 236,815M
Gross Profit 55,267M 58,889M 70,408M 68,732M 76,339M
Operating income 14,886M 19,435M 19,833M 19,452M 22,476M
Income before tax 15,375M 18,467M 20,411M 20,465M 25,535M
Net income 9,352M 10,434M 12,577M 14,506M 17,898M
EBITDA 29,660M 34,298M 35,581M 35,309M 39,337M
Diluted EPS 78.48 87.81 108.24 125.23 159.36
Dividends Per Share 44 46 48 50 52
Total Assets 274,925M 293,204M 298,107M 299,249M 323,046M
Total liabilities 55,772M 69,726M 69,143M 70,487M 82,190M
Total equity 217,692M 222,331M 227,897M 227,623M 238,804M
Operating cash flow 29,666M 23,314M 26,582M 33,941M 21,408M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 1,778.31M 1,724.04M 1,785.17M 1,977.94M 2,136.69M
Gross Profit 551.72M 536.05M 586.32M 634.71M 688.77M
Operating income 148.60M 176.91M 165.15M 179.63M 202.79M
Income before tax 153.48M 168.10M 169.97M 188.98M 230.39M
Net income 93.35M 94.97M 104.73M 133.95M 161.48M
EBITDA 296.09M 312.20M 296.30M 326.06M 354.92M
Diluted EPS 0.78 0.79 0.90 1.15 1.43
Dividends Per Share 0.43 0.41 0.39 0.46 0.46
Total Assets 2,669.56M 2,444.89M 2,652.31M 2,685.53M 3,037.57M
Total liabilities 541.55M 581.41M 615.17M 632.56M 772.82M
Total equity 2,113.82M 1,853.91M 2,027.64M 2,042.74M 2,245.45M
Operating cash flow 296.15M 212.22M 221.36M 313.43M 193.15M

Valuation Measures

Mar 2018
PER21.17
ROA5.75%
ROE7.67%
Operating margin9.49%
Profit margin7.55%

Key executives

  • President & Representative Director: Michiya Kadota
  • Manager-Finance & Accounting, IR Contact: Shinichi Masuda
  • Director, GM-Research & Development Division: Takahito Namura
  • Executive Officer & Senior Manager-Technology: Toshihito Uchida
  • Executive Officer & Head-Maintenance: Toshimi Kobayashi

Shareholders

  • Nippon Life Insurance Co. (5.1%)
  • Kurita Water Industries Ltd. (3.0%)
  • BlackRock Fund Advisors (2.7%)
  • Eastspring Investments (Singapore) Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.3%)
  • Tokio Marine Holdings, Inc. (1.8%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • BlackRock Japan Co., Ltd. (1.7%)
  • Norges Bank Investment Management (1.6%)
  • Nomura Asset Management Co., Ltd. (1.5%)

Contact Details

  • Website:http://www.kurita.co.jp
  • Address: Nakano Central Park East, 4-10-1 Nakano, Tokyo, 164-0001, Japan
  • Phone: +81.3.6743.5000

Related Companies

  • Akzo Nobel Pulp & Performance /Paper Activities/
  • Fracta, Inc.
  • Kurita Water Industries Board Benefit Trust
  • Kurita (Taiwan) Co. Ltd.
  • Kuritec (Shanghai) Co. Ltd.
  • Kurita Water Industries (Suzhou) Ltd.
  • Kurita Europe APW GmbH
  • ICL-Israel Chemicals Ltd. /APW Business/
  • Kurita Water (Malaysia) Sdn. Bhd.
  • Kurita Water Industries (Dalian) Co. Ltd.
  • Kurita (Singapore) Pte Ltd.
  • PT Kurita Indonesia
  • Kurita Chemicals Kansai Ltd.
  • Kurita Chemicals Hokkaido Ltd.
  • Kurita BMS Co. Ltd.
  • Kuritaz Co. Ltd.
  • Kurita Europe GmbH
  • Kurita Chemicals West Japan Ltd.
  • Kurita Chemicals Hyogo Ltd.
  • Kurita Chemicals Oita Ltd.
  • Kurita Engineering Co. Ltd.
  • Kurita Buil Tech Co. Ltd.
  • Kurita Analysis Service Co. Ltd.
  • Nippon Fine KK
  • Kurita Chemicals Kanagawa Co. Ltd.
  • Kurita Creation Co. Ltd.
  • Kurita Chemicals Tokyo Co. Ltd.
  • Land Solution, Inc.
  • Kuritec Service Co. Ltd.
  • Kurita do Brasil Ltda.

Competitors

  • Organo Corp.
  • SUEZ SA
  • Evoqua Water Technologies Corp
  • Nomura Micro Science Co., Ltd.
  • Miura Co., Ltd.
  • Ecolab Inc.
  • Kobelco Eco-Solutionss Co, .Ltd.
  • Kemira Oyj
  • Hakuto Co., Ltd.
  • Hitachi,Ltd.
Last Updated on 16 Aug, 2018

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

3 months for $9

Get unlimited access
NAR site on phone, device, tablet

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 the Nikkei Asian Review 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