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Consumer Non-Durables

Matsuoka Corp.

Business Summary

Matsuoka Corp. engages in the apparel OEM business. The company operates through the following divisions: Casual and Work Wear, Inner Wear, and Cloth Processing. The Casual and Work Wear division offers shirts, slacks, jackets, coats, sports wear, office wear, uniforms and working clothes. The Inner Wear division produces the cloth for functional underwear; and sews and sells the finish product. The Cloth Processing division develops raw materials and handles special processes to cloth surface such as water repellency, film lamination, and coating. The company was founded in April 1946 and is headquartered in Fukuyama, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue57,112M525.28M
Gross Profit7,487M68.86M
Operating income2,258M20.76M
Income before tax2,197M20.20M
Net income1,176M10.81M
EBITDA3,653M33.59M
Diluted EPS116.201.06
Dividends Per Share400.36
Total Assets44,224M409.65M
Total liabilities18,865M174.74M
Total equity22,436M207.82M
Operating cash flow2,282M20.98M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 56,973M 51,758M 57,830M 63,402M 57,112M
Gross Profit 5,782M 7,478M 7,893M 8,689M 7,487M
Operating income 2,262M 4,122M 3,776M 3,363M 2,258M
Income before tax 4,187M 3,550M 3,432M 5,216M 2,197M
Net income 3,002M 2,555M 2,175M 3,387M 1,176M
EBITDA 3,348M 5,058M 4,772M 4,461M 3,653M
Diluted EPS 356.10 302.96 240.08 334.96 116.20
Dividends Per Share -- -- 40 50 40
Total Assets 34,116M 35,692M 42,925M 44,335M 44,224M
Total liabilities 20,677M 20,270M 21,629M 19,313M 18,865M
Total equity 11,888M 14,010M 19,726M 22,082M 22,436M
Operating cash flow 2,043M 4,416M 898M 4,877M 2,282M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 474.44M 477.96M 521.77M 571.73M 525.28M
Gross Profit 48.14M 69.05M 71.21M 78.35M 68.86M
Operating income 18.83M 38.06M 34.06M 30.32M 20.76M
Income before tax 34.86M 32.78M 30.96M 47.03M 20.20M
Net income 24.99M 23.59M 19.62M 30.54M 10.81M
EBITDA 27.88M 46.70M 43.05M 40.22M 33.59M
Diluted EPS 2.96 2.79 2.16 3.02 1.06
Dividends Per Share -- -- 0.36 0.45 0.36
Total Assets 303.53M 320.30M 403.62M 400.55M 409.65M
Total liabilities 183.96M 181.90M 203.37M 174.48M 174.74M
Total equity 105.76M 125.72M 185.48M 199.50M 207.82M
Operating cash flow 17.01M 40.78M 8.10M 43.97M 20.98M

Valuation Measures

Mar 2020
PER14.34
ROA2.65%
ROE5.28%
Operating margin3.95%
Profit margin2.05%

Key executives

  • President, CEO & Representative Director: Noriyuki Matsuoka
  • Chief Operating Officer & Director: Noboru Kamata
  • Chief Financial Officer & Director: Shuhei Uchida
  • Director, Chief Security Officer & Vice President: Toru Nishiwaki
  • Executive Officer & Head-Administration: Hiroyuki Kaneko

Shareholders

  • MATSUOKA NORIYUKI (29.9%)
  • SPARX Asset Management Co., Ltd. (5.0%)
  • Eastspring Investments (Singapore) Ltd. (5.0%)
  • Hirogin Holdings, Inc. (4.1%)
  • Pine Hill Corp. Godo Kaisha (2.9%)
  • Matsuoka Corp. (2.8%)
  • FAST RETAILING CO., LTD. (2.8%)
  • Norges Bank Investment Management (2.7%)
  • KURABO INDUSTRIES LTD. (2.4%)
  • Nippon Life Insurance Co. (2.4%)

Contact Details

Related Companies

  • Matsuoka Corp. Restricted Stock Compensation Plan
  • Vina Birz Co. Ltd.
  • TM Textiles & Garments Ltd.
  • TM Textiles & Garments (HK) Ltd.
  • Matsuoka Corp. Employee Stock Ownership Plan

Competitors

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