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Producer Manufacturing

Mitsubishi Materials Corp.

Business Summary

Mitsubishi Materials Corp. engages in the manufacture and sale of cement, metals, ceramics, and other industrial materials. It operates through the following segments: High-Performance Products, Processing business, Metal business, Cement business and Other business. The High-Performance Products segment manufactures and sells copper processed products, functional materials, electronic devices, chemical products, polycrystalline silicon and Aerosil. The Processing business manufactures and sells carbide products and sintered products. The Metal business smelts and sells Copper, gold and silver. The Cement Business segment manufactures and sells cement and ready-mixed concrete. The Other Business involves in geothermal and hydroelectric power generation business, environmental recycle business, real estate, Civil engineering, construction, repair work and geological survey. The company was founded by Yataro Iwasaki in May 1871 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,811.75B16,122.77M
Gross Profit203,303M1,809.18M
Operating income52,709M469.05M
Income before tax76,616M681.80M
Net income45,015M400.58M
EBITDA120,798M1,074.97M
Diluted EPS344.553.06
Dividends Per Share900.80
Total Assets2,125.03B17,507.98M
Total liabilities1,469.27B12,105.25M
Total equity584,817M4,818.26M
Operating cash flow6,889M61.30M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,599.53B 1,662.99B 1,516.10B 1,485.12B 1,811.75B
Gross Profit 214,613M 187,106M 184,719M 166,809M 203,303M
Operating income 72,821M 36,862M 37,953M 26,569M 52,709M
Income before tax 67,777M 36,345M -40,498M 43,341M 76,616M
Net income 34,595M 1,299M -72,849M 24,408M 45,015M
EBITDA 134,241M 101,380M 106,610M 92,905M 120,798M
Diluted EPS 264.14 9.91 -556.34 186.70 344.55
Dividends Per Share 80 80 80 50 90
Total Assets 2,011.06B 1,938.27B 1,904.05B 2,035.54B 2,125.03B
Total liabilities 1,242.56B 1,214.92B 1,318.01B 1,421.14B 1,469.27B
Total equity 682,472M 633,583M 506,782M 545,233M 584,817M
Operating cash flow 50,715M 140,168M 67,545M 78,442M 6,889M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 14,431.99M 14,996.12M 13,944.25M 14,002.99M 16,122.77M
Gross Profit 1,936.37M 1,687.24M 1,698.94M 1,572.81M 1,809.18M
Operating income 657.03M 332.40M 349.07M 250.51M 469.05M
Income before tax 611.52M 327.74M -372.47M 408.65M 681.80M
Net income 312.13M 11.71M -670.02M 230.13M 400.58M
EBITDA 1,211.20M 914.20M 980.54M 875.98M 1,074.97M
Diluted EPS 2.38 0.08 -5.11 1.76 3.06
Dividends Per Share 0.72 0.72 0.73 0.47 0.80
Total Assets 18,909.88M 17,511.58M 17,637.44M 18,421.23M 17,507.98M
Total liabilities 11,683.76M 10,976.44M 12,208.92M 12,861.06M 12,105.25M
Total equity 6,417.22M 5,724.19M 4,694.38M 4,934.23M 4,818.26M
Operating cash flow 457.58M 1,263.97M 621.24M 739.61M 61.30M

Valuation Measures

Mar 2022
PER6.21
ROA2.16%
ROE7.96%
Operating margin2.90%
Profit margin2.48%

Key executives

  • Executive President, CEO & Director: Naoki Ono
  • Group Manager-Finance & Accounting: Shunsuke Kisagi
  • Vice President & General Manager-Technology: Osamu Iida
  • Executive Officer & Manager-Legal Affairs: Jun Nagano
  • Senior Managing Executive Officer: Yasunobu Suzuki

Shareholders

  • Silchester International Investors LLP (14.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.0%)
  • Nomura Asset Management Co., Ltd. (3.8%)
  • The Vanguard Group, Inc. (2.4%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • Global X Management Co. LLC (2.2%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Dimensional Fund Advisors LP (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.7%)
  • Norges Bank Investment Management (1.6%)

Contact Details

Related Companies

  • High Purity Silicon Co. Ltd.
  • Onohama Smelting & Refining Co. Ltd.
  • Diaplaza KK
  • Mitsubishi Materials Board Incentive Plan
  • Hachimantai Geothermal Corp.
  • Akita Power Generation Co., Ltd.
  • CSB Energy Technology (Vietnam) Co., Ltd.
  • Showa Denko Materials (Selangor) Sdn. Bhd.
  • Showa Denko Electronic Materials (Korea) Co., Ltd.
  • CSB Energy Technology Co., Ltd.
  • Showa Denko International (Taiwan) Co., Ltd.
  • Showa Denko Semiconductor Materials (Taiwan) Co., Ltd.
  • Showa Denko Materials (Hong Kong) Co., Ltd.
  • SD Electronic Materials (Hong Kong) Ltd.
  • SD Materials (Suzhou) Co., Ltd.
  • Showa Denko Materials (America), Inc.
  • MM Copper Corp.
  • Nishinihon Kaihatsu KK
  • Mitsubishi Materials Corp. /Cement Business/
  • Mitsubishi Materials Trading Corp. (Japan)
  • MM UK Investment Ltd.
  • Luvata Oy /Special Products Division/
  • Mitsubishi Materials Trading Corp.
  • PT Smelting
  • Yantai Mitsubishi Cement Co. Ltd.
  • MMC Electronics (M) Sdn. Bhd.
  • MUE Materials Taiwan Co. Ltd.
  • MMC Electronics Korea, Inc.
  • MMC Hardmetal India Pvt Ltd.
  • MMC Electronics (HK) Ltd.

Competitors

  • Vicat-Ciments Vicat SA
  • Sandvik AB
  • Coherent Corp.
  • GRINM Semiconductor Materials Co., Ltd. Class A
  • Ivanhoe Mines Ltd. Class A
  • Lion One Metals Limited
  • Mich Resources Ltd.
  • Mirasol Resources Ltd
  • Northern Dynasty Minerals Ltd.
  • Panoro Minerals Ltd.
Last Updated on 24 Mar, 2023

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