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Producer Manufacturing

Maruichi Steel Tube Ltd.

Business Summary

Maruichi Steel Tube Ltd. engages in the manufacture and sale of specialized steel structures. It operates through the following segments: Japan, North America, and Asia. Its products include general structural and building structural tubes, mechanical tubes, pipe pilings, gas and water pipes, line pipes, electrical conduits, and tapered poles. The company was founded on December 18, 1947 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue224,218M1,995.30M
Gross Profit51,730M460.34M
Operating income36,109M321.33M
Income before tax38,241M340.30M
Net income27,761M247.04M
EBITDA42,059M374.28M
Diluted EPS340.463.02
Dividends Per Share910.80
Total Assets370,078M3,049.04M
Total liabilities62,482M514.78M
Total equity297,638M2,452.21M
Operating cash flow15,096M134.33M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 156,266M 167,437M 154,926M 161,138M 224,218M
Gross Profit 33,962M 32,956M 28,358M 31,921M 51,730M
Operating income 20,827M 19,267M 14,714M 18,333M 36,109M
Income before tax 23,251M 21,217M 10,061M 20,509M 38,241M
Net income 15,778M 14,254M 6,353M 13,857M 27,761M
EBITDA 27,321M 25,590M 21,154M 24,255M 42,059M
Diluted EPS 190.47 172.05 76.68 167.76 340.46
Dividends Per Share 80.50 74 105.50 72.50 91
Total Assets 315,696M 321,019M 310,120M 330,252M 370,078M
Total liabilities 46,388M 46,080M 42,835M 53,273M 62,482M
Total equity 258,812M 264,111M 257,468M 269,398M 297,638M
Operating cash flow 14,832M 15,663M 29,739M 24,355M 15,096M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,409.93M 1,509.87M 1,424.92M 1,519.34M 1,995.30M
Gross Profit 306.42M 297.18M 260.82M 300.97M 460.34M
Operating income 187.91M 173.74M 135.33M 172.85M 321.33M
Income before tax 209.78M 191.32M 92.53M 193.37M 340.30M
Net income 142.35M 128.53M 58.43M 130.65M 247.04M
EBITDA 246.50M 230.75M 194.56M 228.69M 374.28M
Diluted EPS 1.71 1.55 0.70 1.58 3.02
Dividends Per Share 0.72 0.66 0.97 0.68 0.80
Total Assets 2,968.46M 2,900.29M 2,872.67M 2,988.70M 3,049.04M
Total liabilities 436.18M 416.31M 396.78M 482.10M 514.78M
Total equity 2,433.58M 2,386.15M 2,384.95M 2,437.99M 2,452.21M
Operating cash flow 133.82M 141.24M 273.52M 229.63M 134.33M

Valuation Measures

Mar 2022
PER8.09
ROA7.92%
ROE9.79%
Operating margin16.10%
Profit margin12.38%

Key executives

  • Chairman & Chief Executive Officer: Hiroyuki Suzuki
  • President, COO & Representative Director: Yoshinori Yoshimura
  • Director, Head-Production & Technology: Minoru Kadono
  • Director, Executive Vice President & Head-Sales: Daiji Horikawa
  • Manager-Personnel & Head-Administration: Shinichi Ishimatsu

Shareholders

  • Yoshimura Holdings Ltd. (5.5%)
  • Maruichi Steel Tube Ltd. (4.9%)
  • Sumitomo Mitsui Financial Group, Inc. (4.6%)
  • Mitsubishi UFJ Financial Group, Inc. (4.6%)
  • JFE Steel Pension Fund (3.5%)
  • JFE Steel Trust (3.5%)
  • Silchester International Investors LLP (2.7%)
  • China Steel Corp. (2.3%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Maruichi Steel Tube Kyoei Mochikabukai (1.8%)

Contact Details

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  • Maruichi Leavitt Pipe & Tube LLC

Competitors

  • APL Apollo Tubes Limited
Last Updated on 4 Oct, 2022

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