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 2023	JPY	USD
Revenue	1,625.93B	11,997.95M
Gross Profit	170,994M	1,261.78M
Operating income	50,076M	369.51M
Income before tax	14,771M	108.99M
Net income	20,331M	150.02M
EBITDA	96,158M	709.56M
Diluted EPS	155.59	1.14
Dividends Per Share	50	0.36
Total Assets	1,891.79B	14,214.40M
Total liabilities	1,262.91B	9,489.18M
Total equity	593,325M	4,458.07M
Operating cash flow	45,164M	333.27M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,662.99B	1,516.10B	1,485.12B	1,811.75B	1,625.93B
Gross Profit	187,106M	184,719M	166,809M	203,303M	170,994M
Operating income	36,862M	37,953M	26,569M	52,709M	50,076M
Income before tax	36,345M	-40,498M	43,341M	76,616M	14,771M
Net income	1,299M	-72,849M	24,408M	45,015M	20,331M
EBITDA	101,380M	106,610M	92,905M	120,798M	96,158M
Diluted EPS	9.91	-556.34	186.70	344.55	155.59
Dividends Per Share	80	80	50	90	50
Total Assets	1,938.27B	1,904.05B	2,035.54B	2,125.03B	1,891.79B
Total liabilities	1,214.92B	1,318.01B	1,421.14B	1,469.27B	1,262.91B
Total equity	633,583M	506,782M	545,233M	584,817M	593,325M
Operating cash flow	140,168M	67,545M	78,442M	6,889M	45,164M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	14,996.12M	13,944.25M	14,002.99M	16,122.77M	11,997.95M
Gross Profit	1,687.24M	1,698.94M	1,572.81M	1,809.18M	1,261.78M
Operating income	332.40M	349.07M	250.51M	469.05M	369.51M
Income before tax	327.74M	-372.47M	408.65M	681.80M	108.99M
Net income	11.71M	-670.02M	230.13M	400.58M	150.02M
EBITDA	914.20M	980.54M	875.98M	1,074.97M	709.56M
Diluted EPS	0.08	-5.11	1.76	3.06	1.14
Dividends Per Share	0.72	0.73	0.47	0.80	0.36
Total Assets	17,511.58M	17,637.44M	18,421.23M	17,507.98M	14,214.40M
Total liabilities	10,976.44M	12,208.92M	12,861.06M	12,105.25M	9,489.18M
Total equity	5,724.19M	4,694.38M	4,934.23M	4,818.26M	4,458.07M
Operating cash flow	1,263.97M	621.24M	739.61M	61.30M	333.27M

Valuation Measures

Mar 2023
PER	13.86
ROA	1.01%
ROE	3.45%
Operating margin	3.07%
Profit margin	1.25%

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 (2.3%)
Nikko Asset Management Co., Ltd. (1.8%)
Arcus Investment Ltd. (1.8%)
Dimensional Fund Advisors LP (1.8%)
Daiwa Asset Management Co. Ltd. (1.7%)

Contact Details

Website:http://www.mitsubishicarbide.net
Address: 3-2-3 Marunouchi, Otemachi, Tokyo, 100-0005, Japan
Phone: +81.3.5252.5226

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Competitors

Vicat-Ciments Vicat SA
Sandvik AB
Coherent Corp.
Ivanhoe Mines Ltd. Class A
Lion One Metals Limited
Mich Resources Ltd.
Mirasol Resources Ltd
Panoro Minerals Ltd.
US Copper Corp

Last Updated on 31 May, 2023