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Producer Manufacturing

Mitsubishi Steel Mfg. Co., Ltd.

Business Summary

Mitsubishi Steel Mfg. Co., Ltd. engages in the manufacture and sale of special steels, springs, casting and forging materials, and machinery. It operates through the following segments: Special Steel Bars, Springs, Formed & Fabricated Products, Machinery, and Others. The Special Steel Bars segment handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, springs, tools, and bearing steel. The Springs segment includes coils, leaf, and precision springs, press assembly, built-in antenna, and shoe plate for rubber pads. The Formed & Fabricated Products segment covers the manufacture and sale of steel and precision casting, precision machined component, general forging, alloy materials, permanent magnet, magnet application components, and special alloy and fine powder. The Machinery segment manufactures and sells press machines, general, industrial and plant machinery, environmental equipment, and magnetic separators. The Others segment includes the distribution and service business. The company was founded in April 1917 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue117,138M1,077.37M
Gross Profit15,005M138.00M
Operating income437M4.01M
Income before tax-15,910M-146.33M
Net income-14,071M-129.41M
EBITDA4,188M38.51M
Diluted EPS-914.55-8.41
Dividends Per Share----
Total Assets141,391M1,309.72M
Total liabilities93,072M862.13M
Total equity42,607M394.67M
Operating cash flow-924M-8.49M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 106,539M 103,742M 118,742M 129,370M 117,138M
Gross Profit 15,441M 15,873M 16,890M 16,937M 15,005M
Operating income 4,286M 3,862M 3,220M 1,056M 437M
Income before tax 2,769M 5,370M 5,830M 1,426M -15,910M
Net income 2,486M 3,505M 2,905M 280M -14,071M
EBITDA 7,621M 7,162M 6,825M 5,829M 4,188M
Diluted EPS 161.60 227.73 188.75 18.20 -914.55
Dividends Per Share 60 60 60 60 --
Total Assets 122,464M 135,104M 153,357M 153,327M 141,391M
Total liabilities 58,040M 68,027M 81,137M 85,969M 93,072M
Total equity 58,250M 60,423M 62,648M 59,040M 42,607M
Operating cash flow 3,466M 5,377M -4,520M 2,843M -924M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 887.20M 958.02M 1,071.36M 1,166.60M 1,077.37M
Gross Profit 128.58M 146.58M 152.39M 152.73M 138.00M
Operating income 35.69M 35.66M 29.05M 9.52M 4.01M
Income before tax 23.05M 49.59M 52.60M 12.85M -146.33M
Net income 20.70M 32.36M 26.21M 2.52M -129.41M
EBITDA 63.46M 66.13M 61.57M 52.56M 38.51M
Diluted EPS 1.34 2.10 1.70 0.16 -8.41
Dividends Per Share 0.49 0.55 0.54 0.54 --
Total Assets 1,089.58M 1,212.45M 1,442.00M 1,385.25M 1,309.72M
Total liabilities 516.39M 610.49M 762.92M 776.69M 862.13M
Total equity 518.26M 542.25M 589.07M 533.40M 394.67M
Operating cash flow 28.86M 49.65M -40.78M 25.63M -8.49M

Valuation Measures

Mar 2020
PER--
ROA-9.54%
ROE-27.68%
Operating margin0.37%
Profit margin-12.01%

Key executives

  • President & Representative Director: Motoyuki Sato
  • Director, Head-Public & Investor Relations: Jun Takayama
  • Director & Head-Special Assignments: Yutaka Amano
  • Director & Manager-Steel Materials Business: Hiroshi Sekine
  • Director, GM-Sales & Head-Products Business: Akira Yamao

Shareholders

  • Nippon Value Investors KK (9.4%)
  • Mitsubishi Heavy Industries, Ltd. (6.3%)
  • Mitsubishi UFJ Financial Group, Inc. (4.9%)
  • Meiji Yasuda Life Insurance Co. (4.5%)
  • Dimensional Fund Advisors LP (3.6%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Norges Bank Investment Management (2.2%)
  • Mitsubishi Steel Mfg Business Association (2.1%)
  • Mitsubishi Steel Mfg. Co., Ltd. (1.7%)
  • The Vanguard Group, Inc. (1.6%)

Contact Details

Related Companies

  • MSSC Ahle GmbH
  • Mitsubishi Steel Mfg Board Incentive Plan
  • Mitsubishi Steel Mfg Business Association
  • PT Jatim Taman Steel Manufacturing
  • MSM US, Inc.
  • MSSC Canada, Inc.
  • Mitsubishi Nagasaki Machinery Mfg. Co., Ltd.
  • Ryokoh Express Co. Ltd.
  • Ryoko Service KK
  • MSSC, Inc.
  • Mitsubishi Steel Muroran, Inc.
  • Mitsubishi Steel Mfg Employee Stock Ownership Plan
  • MSSC US, Inc.

Competitors

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