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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 2023 JPYUSD
Gross Profit170,994M1,261.78M
Operating income50,076M369.51M
Income before tax14,771M108.99M
Net income20,331M150.02M
Diluted EPS155.591.14
Dividends Per Share500.36
Total Assets1,891.79B14,214.40M
Total liabilities1,262.91B9,489.18M
Total equity593,325M4,458.07M
Operating cash flow45,164M333.27M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 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 2019Mar 2020Mar 2021Mar 2022Mar 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
Operating margin3.07%
Profit margin1.25%

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


  • 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

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Last Updated on 31 May, 2023

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