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Producer Manufacturing

Kurita Water Industries Ltd.

Business Summary

Kurita Water Industries Ltd. engages in the provision of water treatment solution products, technology, and maintenance services. It operates through the Water Treatment Chemicals and Water Treatment Facilities segments. The Water Treatment Chemicals segment manufactures and sells chemicals and ancillary equipment related to water treatment. It also provides maintenance services. The Water Treatment Facilities segment deals with the manufacture and sale of equipment and facilities related to water treatment. It also offers services such as ultrapure water supply, chemical cleaning, precision cleaning, soil and groundwater purification, and maintenance of water treatment facilities. The company was founded on July 13, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit96,215M856.21M
Operating income32,945M293.17M
Income before tax30,159M268.38M
Net income18,471M164.37M
Diluted EPS164.371.46
Dividends Per Share720.64
Total Assets469,981M3,872.14M
Total liabilities192,115M1,582.82M
Total equity271,914M2,240.28M
Operating cash flow28,737M255.72M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 236,815M 257,331M 264,807M 267,749M 288,207M
Gross Profit 76,339M 78,386M 86,889M 87,419M 96,215M
Operating income 22,476M 25,667M 26,655M 29,470M 32,945M
Income before tax 25,535M 20,267M 26,691M 29,150M 30,159M
Net income 17,898M 12,050M 18,287M 19,089M 18,471M
EBITDA 39,337M 43,539M 45,355M 50,209M 56,357M
Diluted EPS 159.36 107.32 162.85 169.93 164.37
Dividends Per Share 52 54 62 66 72
Total Assets 323,046M 359,500M 387,749M 424,928M 469,981M
Total liabilities 82,190M 120,312M 143,637M 167,087M 192,115M
Total equity 238,804M 237,282M 242,442M 253,089M 271,914M
Operating cash flow 21,408M 41,143M 37,376M 40,002M 28,737M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,136.69M 2,320.49M 2,435.54M 2,524.56M 2,564.74M
Gross Profit 688.77M 706.85M 799.15M 824.26M 856.21M
Operating income 202.79M 231.45M 245.15M 277.86M 293.17M
Income before tax 230.39M 182.75M 245.48M 274.85M 268.38M
Net income 161.48M 108.66M 168.19M 179.98M 164.37M
EBITDA 354.92M 392.61M 417.15M 473.41M 501.51M
Diluted EPS 1.43 0.96 1.49 1.60 1.46
Dividends Per Share 0.46 0.48 0.57 0.62 0.64
Total Assets 3,037.57M 3,247.95M 3,591.76M 3,845.50M 3,872.14M
Total liabilities 772.82M 1,086.97M 1,330.52M 1,512.09M 1,582.82M
Total equity 2,245.45M 2,143.75M 2,245.76M 2,290.39M 2,240.28M
Operating cash flow 193.15M 371.00M 343.76M 377.17M 255.72M

Valuation Measures

Mar 2022
Operating margin11.43%
Profit margin6.40%

Key executives

  • President & Representative Director: Michiya Kadota
  • Manager-Finance & Accounting: Shinichi Masuda
  • Executive Officer & Manager-Marketing: Takehiro Nozue
  • Executive Officer & Manager-Western Sales: Shingo Yamaga
  • Senior Managing Representative Director: Kiyoshi Itou


  • Nippon Life Insurance Co. (5.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • Kurita Water Industries Ltd. (3.0%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • BlackRock Fund Advisors (2.7%)
  • The Vanguard Group, Inc. (2.5%)
  • Impax Asset Management Ltd. (2.0%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • BlackRock Advisors (UK) Ltd. (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.3%)

Contact Details

  • Website:
  • Address: Nakano Central Park East, 4-10-1 Nakano, Tokyo, 164-0001, Japan
  • Phone: +81.3.6743.5000

Related Companies

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  • 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.


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Last Updated on 26 Sep, 2022

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