ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconIcon FacebookIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Producer Manufacturing

Meidensha Corp.

  • 1,525.00 JPY
  • +5.00
  • +0.33%
  • Japan
    Nov 20, 2018
  • Ticker
    TKS(6508)
  • Prev. close
    1,520
  • Market cap (JPY)
    69,201.85M
  • Market cap (USD)
    615.48M
  • Shares
    45.52M

Business Summary

Meidensha Corp. engages in the manufacture and sale of electric appliances. It operates through the following segments: Social Infrastructure Systems Business, Industrial Systems Business, Maintenance and Servicing Business, Real Estate Business, and Other Business. The Social Infrastructure Systems Business segment manufactures and sells equipment for emergency and non-emergency power generation, hydroelectric power generation, and power transmission. he Industrial Systems Business segment produces and markets motors and inverters for elevators, textile machinery, and industrial and electric vehicles. The Maintenance and Servicing Business segment provides services relating to management and monitoring of facilities. The Real Estate Business segment offer property rentals. The Other Business segment offers welfare program services and chemical product manufacturing. The company was founded by Hosui Shigemune on December 22, 1897 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2018 JPYUSD
Revenue241,832M2,181.96M
Gross Profit62,354M562.59M
Operating income11,381M102.68M
Income before tax10,272M92.68M
Net income7,057M63.67M
EBITDA20,502M184.98M
Diluted EPS155.501.40
Dividends Per Share450.40
Total Assets264,457M2,486.66M
Total liabilities183,225M1,722.84M
Total equity80,234M754.43M
Operating cash flow17,975M162.18M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 216,176M 230,299M 237,404M 220,141M 241,832M
Gross Profit 54,329M 59,518M 60,180M 58,486M 62,354M
Operating income 9,546M 11,163M 10,517M 8,850M 11,381M
Income before tax 10,011M 10,925M 10,358M 8,231M 10,272M
Net income 6,580M 6,868M 6,962M 5,742M 7,057M
EBITDA 18,130M 19,753M 19,161M 17,591M 20,502M
Diluted EPS 145 151.35 153.40 126.55 155.50
Dividends Per Share 30 35 40 40 45
Total Assets 248,379M 255,519M 255,024M 247,646M 264,457M
Total liabilities 187,772M 188,114M 186,253M 173,331M 183,225M
Total equity 59,565M 66,109M 67,532M 73,237M 80,234M
Operating cash flow 18,239M 11,165M 22,597M 11,840M 17,975M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 2,158.05M 2,096.36M 1,976.97M 2,032.93M 2,181.96M
Gross Profit 542.35M 541.77M 501.14M 540.09M 562.59M
Operating income 95.29M 101.61M 87.58M 81.72M 102.68M
Income before tax 99.93M 99.44M 86.25M 76.01M 92.68M
Net income 65.68M 62.51M 57.97M 53.02M 63.67M
EBITDA 180.98M 179.80M 159.56M 162.44M 184.98M
Diluted EPS 1.44 1.37 1.27 1.16 1.40
Dividends Per Share 0.29 0.31 0.33 0.36 0.40
Total Assets 2,411.79M 2,130.65M 2,268.99M 2,222.43M 2,486.66M
Total liabilities 1,823.29M 1,568.59M 1,657.12M 1,555.51M 1,722.84M
Total equity 578.38M 551.25M 600.84M 657.24M 754.43M
Operating cash flow 182.07M 101.63M 188.17M 109.33M 162.18M

Valuation Measures

Mar 2018
PER13.05
ROA2.75%
ROE9.19%
Operating margin4.70%
Profit margin2.91%

Key executives

  • President & Representative Director: Takeshi Miida
  • Representative Director & Executive Vice President: Tadayoshi Machimura
  • Representative Director & Executive Vice President: Masamichi Kuramoto
  • Representative Director & Executive Vice President: Kozo Masaki
  • Director & Senior Managing Executive Officer: Toshinobu Ohashi

Shareholders

  • Sumitomo Electric Industries Ltd. (5.7%)
  • Sumitomo Mitsui Financial Group, Inc. (5.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.4%)
  • NEC Corp. (3.8%)
  • Sumitomo Mitsui Trust Holdings, Inc. (3.2%)
  • Sumitomo Life Insurance Co. (2.3%)
  • The Vanguard Group, Inc. (2.1%)
  • Meidensha Employee Stock Ownership Plan (2.0%)
  • Saudi Arabian Monetary Agency (Investment Management) (1.4%)
  • Dimensional Fund Advisors LP (1.3%)

Contact Details

Related Companies

  • Meiden Pacific (China) Ltd.
  • Meiden Korea Co., Ltd.
  • Shanghai Meidensha Changcheng Switchgear Co. Ltd.
  • Meiden Malaysia Sdn. Bhd.
  • Meidensha (Shanghai) Corporate Management Co. Ltd.
  • Meiden Metal Engineering Sdn. Bhd.
  • Meiden Technical Center North America LLC
  • Meiden India Pvt Ltd.
  • Dongguan Meiden Pacific Electrical Engineering Co. Ltd.
  • Meiden Zhengzhou Electric Co. Ltd.
  • Meiden Hangzhou Drive Systems Co. Ltd.
  • Meiden Electric (Thailand) Ltd.
  • Meiden America, Inc.
  • Prime Meiden Ltd.
  • PT Meiden Engineering Indonesia
  • Japan AE Power Systems Corp. /Numazu Operation/
  • Thai Meidensha Co. Ltd.
  • Hokuto DenkoCorp
  • Meiden Sheet Metal Products Corp.
  • Meiden Environment Service Co. Ltd.
  • Chuo Enterprise KK
  • Meiden Kiden Kogyo Co. Ltd.
  • Meiden Syscon Co. Ltd.
  • Meiden Plant Systems Corp.
  • Kofu Meidensha Electric MFG Co. Ltd.
  • Meiden Shoji Co. Ltd.
  • Korea Money Broker Corp.
  • Meiyu Mochikabukai Business Association
  • SP Systems Pte. Ltd.
  • Meiden Chemical Co., Ltd.

Competitors

    Last Updated on 20 Nov, 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

    {{sentenceStarter}} {{numberReadArticles}} free article{{numberReadArticles-plural}} this month

    Stay ahead with our exclusives on Asia; the most dynamic market in the world.

    Benefit from in-depth journalism from trusted experts within Asia itself.

    Try 3 months for $9

    Offer ends September 30th

    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