ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon 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 2021 JPYUSD
Revenue1,485.12B14,002.99M
Gross Profit166,809M1,572.81M
Operating income26,569M250.51M
Income before tax43,341M408.65M
Net income24,408M230.13M
EBITDA92,905M875.98M
Diluted EPS186.701.76
Dividends Per Share500.47
Total Assets2,035.54B18,421.23M
Total liabilities1,421.14B12,861.06M
Total equity545,233M4,934.23M
Operating cash flow78,442M739.61M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,304.06B 1,599.53B 1,662.99B 1,516.10B 1,485.12B
Gross Profit 194,969M 214,613M 187,106M 184,719M 166,809M
Operating income 59,762M 72,821M 36,862M 37,953M 26,569M
Income before tax 59,584M 67,777M 36,345M -40,498M 43,341M
Net income 28,353M 34,595M 1,299M -72,849M 24,408M
EBITDA 120,558M 134,241M 101,380M 106,610M 92,905M
Diluted EPS 216.44 264.14 9.91 -556.34 186.70
Dividends Per Share 60 80 80 80 50
Total Assets 1,896.93B 2,011.06B 1,938.27B 1,904.05B 2,035.54B
Total liabilities 1,186.74B 1,242.56B 1,214.92B 1,318.01B 1,421.14B
Total equity 621,282M 682,472M 633,583M 506,782M 545,233M
Operating cash flow 115,552M 50,715M 140,168M 67,545M 78,442M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 12,042.64M 14,431.99M 14,996.12M 13,944.25M 14,002.99M
Gross Profit 1,800.47M 1,936.37M 1,687.24M 1,698.94M 1,572.81M
Operating income 551.88M 657.03M 332.40M 349.07M 250.51M
Income before tax 550.23M 611.52M 327.74M -372.47M 408.65M
Net income 261.83M 312.13M 11.71M -670.02M 230.13M
EBITDA 1,113.31M 1,211.20M 914.20M 980.54M 875.98M
Diluted EPS 1.99 2.38 0.08 -5.11 1.76
Dividends Per Share 0.55 0.72 0.72 0.73 0.47
Total Assets 17,023.59M 18,909.88M 17,511.58M 17,637.44M 18,421.23M
Total liabilities 10,650.11M 11,683.76M 10,976.44M 12,208.92M 12,861.06M
Total equity 5,575.53M 6,417.22M 5,724.19M 4,694.38M 4,934.23M
Operating cash flow 1,067.08M 457.58M 1,263.97M 621.24M 739.61M

Valuation Measures

Mar 2021
PER13.83
ROA1.23%
ROE4.64%
Operating margin1.78%
Profit margin1.64%

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 (12.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.3%)
  • Nomura Asset Management Co., Ltd. (4.3%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • The Vanguard Group, Inc. (2.3%)
  • Mitsubishi UFJ Financial Group, Inc. (2.1%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.7%)
  • BlackRock Fund Advisors (1.7%)
  • Mitsubishi Heavy Industries, Ltd. (1.4%)

Contact Details

Related Companies

  • 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.
  • Guangdong Diamet Powder Metallurgy Co. Ltd.
  • MMC-Metal do Brasil Ltda.
  • MMC Tools (Thailand) Co., Ltd.

Competitors

  • Holcim Ltd
  • Vicat-Ciments Vicat SA
  • Shen Mao Technology Inc.
  • Sandvik AB
  • II-VI Incorporated
  • Capstone Mining Corp.
  • Ivanhoe Mines Ltd. Class A
  • Panoro Minerals Ltd.
  • PT Merdeka Copper Gold Tbk
Last Updated on 2 Aug, 2021

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.

Try 1 month for $0.99

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 Nikkei Asia 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

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more