Producer Manufacturing

Maruichi Steel Tube Ltd.

In the news

Maruichi Steel sees 40% net profit jump for fiscal 2016 May 10, 2016
Japan demand still weak despite negative rate policy Apr 12, 2016
Maruichi Steel Tube profit seen down 10% as prices sink Feb 4, 2016
Retail investors, governance reform drive Tokyo stocks to 2015 increase Dec 31, 2015

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	JPY	USD
Revenue	224,218M	1,995.30M
Gross Profit	51,730M	460.34M
Operating income	36,109M	321.33M
Income before tax	38,241M	340.30M
Net income	27,761M	247.04M
EBITDA	42,059M	374.28M
Diluted EPS	340.46	3.02
Dividends Per Share	91	0.80
Total Assets	370,078M	3,049.04M
Total liabilities	62,482M	514.78M
Total equity	297,638M	2,452.21M
Operating cash flow	15,096M	134.33M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	8.09
ROA	7.92%
ROE	9.79%
Operating margin	16.10%
Profit margin	12.38%

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

Website:http://www.maruichikokan.co.jp
Address: Namba Skyo, 29/F, 5-1-60 Namba, Osaka, 542-0076, Japan
Phone: +81.6.6643.0101

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Competitors

APL Apollo Tubes Limited

Last Updated on 4 Oct, 2022