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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 2022 JPYUSD
Revenue146,292M1,301.84M
Gross Profit20,898M185.97M
Operating income6,272M55.81M
Income before tax8,448M75.17M
Net income4,069M36.20M
EBITDA9,974M88.75M
Diluted EPS264.722.35
Dividends Per Share500.44
Total Assets142,962M1,177.85M
Total liabilities94,310M777.01M
Total equity42,600M350.97M
Operating cash flow-1,924M-17.12M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 118,742M 129,370M 117,138M 97,804M 146,292M
Gross Profit 16,890M 16,937M 15,005M 7,484M 20,898M
Operating income 3,220M 1,056M 437M -4,943M 6,272M
Income before tax 5,830M 1,426M -15,910M -6,345M 8,448M
Net income 2,905M 280M -14,071M -5,529M 4,069M
EBITDA 6,825M 5,829M 4,188M -1,705M 9,974M
Diluted EPS 188.75 18.20 -914.55 -359.32 264.72
Dividends Per Share 60 60 0 0 50
Total Assets 153,357M 153,327M 141,391M 132,320M 142,962M
Total liabilities 81,137M 85,969M 93,072M 87,544M 94,310M
Total equity 62,648M 59,040M 42,607M 38,897M 42,600M
Operating cash flow -4,520M 2,843M -924M 3,777M -1,924M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,071.36M 1,166.60M 1,077.37M 922.17M 1,301.84M
Gross Profit 152.39M 152.73M 138.00M 70.56M 185.97M
Operating income 29.05M 9.52M 4.01M -46.60M 55.81M
Income before tax 52.60M 12.85M -146.33M -59.82M 75.17M
Net income 26.21M 2.52M -129.41M -52.13M 36.20M
EBITDA 61.57M 52.56M 38.51M -16.07M 88.75M
Diluted EPS 1.70 0.16 -8.41 -3.38 2.35
Dividends Per Share 0.54 0.54 0 0 0.44
Total Assets 1,442.00M 1,385.25M 1,309.72M 1,197.46M 1,177.85M
Total liabilities 762.92M 776.69M 862.13M 792.25M 777.01M
Total equity 589.07M 533.40M 394.67M 352.00M 350.97M
Operating cash flow -40.78M 25.63M -8.49M 35.61M -17.12M

Valuation Measures

Mar 2022
PER4.28
ROA2.95%
ROE9.98%
Operating margin4.28%
Profit margin2.78%

Key executives

  • President & Representative Director: Atsushi Yamaguchi
  • Director & Managing Executive Officer: Hiroshi Sekine
  • Managing Representative Director & Head-Accounting: Hiroyuki Nagata
  • Auditor: Takeshi Nagai
  • Accounting Manager: Mitsuaki Hosoya

Shareholders

  • Mitsubishi Heavy Industries, Ltd. (6.3%)
  • Meiji Yasuda Life Insurance Co. (4.5%)
  • Nomura Asset Management Co., Ltd. (2.7%)
  • Mitsubishi Steel Mfg Business Association (2.4%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Mitsubishi Steel Mfg. Co., Ltd. (1.7%)
  • Tokio Marine Holdings, Inc. (1.6%)
  • Dimensional Fund Advisors LP (1.5%)
  • NIPPON STEEL CORP. (1.4%)

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

    Last Updated on 25 Nov, 2022

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