ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
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 2020 JPYUSD
Revenue1,516.10B13,944.25M
Gross Profit184,719M1,698.94M
Operating income37,953M349.07M
Income before tax-40,498M-372.47M
Net income-72,849M-670.02M
EBITDA106,610M980.54M
Diluted EPS-556.34-5.11
Dividends Per Share800.73
Total Assets1,904.05B17,637.44M
Total liabilities1,318.01B12,208.92M
Total equity506,782M4,694.38M
Operating cash flow67,545M621.24M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,417.89B 1,304.06B 1,599.53B 1,662.99B 1,516.10B
Gross Profit 208,803M 194,969M 214,613M 187,106M 184,719M
Operating income 70,420M 59,762M 72,821M 36,862M 37,953M
Income before tax 82,680M 59,584M 67,777M 36,345M -40,498M
Net income 61,316M 28,353M 34,595M 1,299M -72,849M
EBITDA 131,263M 120,558M 134,241M 101,380M 106,610M
Diluted EPS 468 216.44 264.14 9.91 -556.34
Dividends Per Share 100 60 80 80 80
Total Assets 1,793.37B 1,896.93B 2,011.06B 1,938.27B 1,904.05B
Total liabilities 1,148.35B 1,186.74B 1,242.56B 1,214.92B 1,318.01B
Total equity 555,228M 621,282M 682,472M 633,583M 506,782M
Operating cash flow 118,685M 115,552M 50,715M 140,168M 67,545M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 11,807.49M 12,042.64M 14,431.99M 14,996.12M 13,944.25M
Gross Profit 1,738.80M 1,800.47M 1,936.37M 1,687.24M 1,698.94M
Operating income 586.42M 551.88M 657.03M 332.40M 349.07M
Income before tax 688.51M 550.23M 611.52M 327.74M -372.47M
Net income 510.60M 261.83M 312.13M 11.71M -670.02M
EBITDA 1,093.09M 1,113.31M 1,211.20M 914.20M 980.54M
Diluted EPS 3.89 1.99 2.38 0.08 -5.11
Dividends Per Share 0.83 0.55 0.72 0.72 0.73
Total Assets 15,956.00M 17,023.59M 18,909.88M 17,511.58M 17,637.44M
Total liabilities 10,217.16M 10,650.11M 11,683.76M 10,976.44M 12,208.92M
Total equity 4,939.97M 5,575.53M 6,417.22M 5,724.19M 4,694.38M
Operating cash flow 988.34M 1,067.08M 457.58M 1,263.97M 621.24M

Valuation Measures

Mar 2020
PER--
ROA-3.79%
ROE-12.77%
Operating margin2.50%
Profit margin-4.80%

Key executives

  • Executive President & 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 (4.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • The Vanguard Group, Inc. (2.9%)
  • BlackRock Fund Advisors (2.6%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • Mitsubishi UFJ Financial Group, Inc. (2.1%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Norges Bank Investment Management (1.4%)
  • Mitsubishi Heavy Industries, Ltd. (1.4%)

Contact Details

Related Companies

  • Nishinihon Kaihatsu KK
  • Mitsubishi Materials Corp. /Cement Business/
  • Mitsubishi Materials Trading Corp. (Japan)
  • MM UK Investment Ltd.
  • Diamet Corp.
  • 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.
  • Guangdong Diamet Powder Metallurgy Co. Ltd.
  • MMC-Metal do Brasil Ltda.
  • MMC Tools (Thailand) Co. Ltd.
  • MMC Hardmetal (Thailand) Co. Ltd.
  • MMC Taishin Tool Co. Ltd.
  • MMC Hardmetal OOO Ltd.
  • Electronic Materials & Components Co.
  • PT MMC Metal Fabrication
  • Diasalt Co., Ltd.
  • Mitsubishi Materials (Shanghai) Corp.
  • Material Finance Co., Ltd.
  • Mitsubishi Materials Trust
  • MMC Metal Singapore Pte Ltd.
  • Tianjin Tianling Carbide Tools Co. Ltd.
  • MMC Electronics America, Inc.
  • MM Netherlands BV

Competitors

  • LafargeHolcim Ltd.
  • Vicat-Ciments Vicat SA
  • II-VI Incorporated
  • Josemaria Resources Inc.
  • PT Merdeka Copper Gold Tbk
  • Panoro Minerals Ltd.
  • Ivanhoe Mines Ltd. Class A
  • Sandvik AB
Last Updated on 13 Jul, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

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

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

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

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

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