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Producer Manufacturing

Mitsui E&S Holdings Co., Ltd.

Business Summary

Mitsui E&S Holdings Co., Ltd. provides investment holdings in engineering, construction, and shipbuilding services. It operates through the following segments: Ship, Marine Development, Machinery, Engineering, and Others. The Ship segment builds and repairs various types of ships and offshore development equipment including bulk carriers, crude oil tankers, reefers, high-speed passenger ships, container ships, underwater equipment and iron steel structures. The Marine Development segment constructs floating oil and gas production facilities. The Machinery segment manufactures marine and stationary diesel engines, marine equipment, blowers, process compressors, industrial boilers, process equipment, induction heaters, container cranes, industrial cranes, container terminal management systems. The Engineering segment handles chemical plants, oil refinery plants, overseas civil works, renewable energy power generation business, power plant, water treatment plants, waste treatment plants, resources recycling plants and PCB waste treatment facilities. The Others segment includes diesel power plant construction, transport equipment, system development, real estate rental businesses. The company was founded on November 14, 1917 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue579,363M5,155.72M
Gross Profit28,753M255.87M
Operating income-10,029M-89.24M
Income before tax-17,243M-153.44M
Net income-21,825M-194.21M
EBITDA1,667M14.83M
Diluted EPS-269.93-2.40
Dividends Per Share00
Total Assets409,150M3,370.95M
Total liabilities346,195M2,852.27M
Total equity57,216M471.39M
Operating cash flow-20,265M-180.33M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 703,216M 656,504M 786,477M 644,686M 579,363M
Gross Profit 48,403M -6,801M -14,148M 30,867M 28,753M
Operating income -5,224M -59,703M -62,079M -12,244M -10,029M
Income before tax 10,907M -45,234M -93,559M -9,664M -17,243M
Net income -10,136M -69,599M -86,211M 135M -21,825M
EBITDA 13,213M -44,031M -45,636M 1,600M 1,667M
Diluted EPS -125.41 -861.08 -1,066.48 1.65 -269.93
Dividends Per Share 0 0 0 0 0
Total Assets 1,029.22B 999,100M 840,380M 759,029M 409,150M
Total liabilities 672,380M 718,858M 735,020M 670,544M 346,195M
Total equity 239,377M 159,751M 64,553M 64,308M 57,216M
Operating cash flow -3,555M 66,176M -37,213M 7,478M -20,265M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 6,344.85M 5,920.06M 7,233.58M 6,078.65M 5,155.72M
Gross Profit 436.72M -61.32M -130.12M 291.04M 255.87M
Operating income -47.13M -538.37M -570.96M -115.44M -89.24M
Income before tax 98.40M -407.90M -860.50M -91.12M -153.44M
Net income -91.45M -627.61M -792.92M 1.27M -194.21M
EBITDA 119.21M -397.05M -419.73M 15.08M 14.83M
Diluted EPS -1.13 -7.76 -9.80 0.01 -2.40
Dividends Per Share 0 0 0 0 0
Total Assets 9,677.68M 9,026.51M 7,784.53M 6,869.04M 3,370.95M
Total liabilities 6,322.33M 6,494.62M 6,808.57M 6,068.27M 2,852.27M
Total equity 2,250.84M 1,443.29M 597.96M 581.97M 471.39M
Operating cash flow -32.07M 596.74M -342.26M 70.50M -180.33M

Valuation Measures

Mar 2022
PER--
ROA-3.73%
ROE-35.91%
Operating margin-1.73%
Profit margin-3.76%

Key executives

  • President, CEO & Representative Director: Takeyuki Takahashi
  • CFO, Representative Director, VP & Head-Accounting: Keigo Matsubara
  • Representative Director, VP & Head-Human Resources: Taketsune Matsumura
  • Auditor: Shoichi Taguchi
  • Auditor: Yuichi Shiomi

Shareholders

  • Nomura Asset Management Co., Ltd. (3.9%)
  • Fidelity Management & Research Co. LLC (3.8%)
  • Dimensional Fund Advisors LP (3.4%)
  • Imabari Shipbuilding Co., Ltd. (3.3%)
  • Mitsui & Co., Ltd. (2.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • Sumitomo Mitsui Trust Bank Pension Fund (2.7%)
  • Mitsui E&S Holdings Co., Ltd. (2.6%)
  • The Vanguard Group, Inc. (2.0%)
  • Nikko Asset Management Co., Ltd. (1.9%)

Contact Details

  • Website:http://www.mes.co.jp
  • Address: 5-6-4 Tsukiji, Chuo-Ku, Tokyo, 104-8439, Japan
  • Phone: +81.3.3544.3133

Related Companies

  • Mitsui E&S (China) Co., Ltd.
  • Mitsui E&S Business Service Co., Ltd.
  • Mitsui E&S Systems Research, Inc.
  • MES Holdings BV
  • Mitsui E&S Engineering Co., Ltd.
  • Mitsui E&S Shipbuilding Co., Ltd.
  • Mitsui Zosen Machinery & Service, Inc.
  • M&S Cernambi Norte Operacao Ltda.
  • Shanghai Hudong Sanzo Marine Machinery Co. Ltd.
  • ENDURANCE & MES (Chongqing) Environment Co. Ltd
  • Mitsuizosen (Shanghai) Co. Ltd.
  • Mitsui Engineering & Shipbuilding Arabia Ltd.
  • Mitsui Thanglong Steel Construction Co. Ltd.
  • Mitsui E&S Asia Pte Ltd.
  • Mitsui Engineering & Shipbuilding Trust
  • Gasonics Co., Ltd.
  • Mitsui Zosen (U.S.A.), Inc.
  • Tamano Engineering Co. Ltd.
  • Mitsui Zosen Steel Construction Co. Ltd.
  • Mes Technoservice Co. Ltd.
  • Sanzo Kosan Co. Ltd.
  • Sanyu Real Estate Co. Ltd.
  • Sanzo Enterprise Co. Ltd.
  • Sanko Logistics Corp.
  • Mesco Denmark A/S
  • Mitsui Zosen Chiba Kiko Engineering, Inc.
  • GID Corp.
  • Sanzo Business Creative Co. Ltd.
  • UNO Kogyo Co. Ltd.
  • MES Tokki Co., Ltd.

Competitors

  • Wartsila Oyj Abp
  • Cargotec Oyj Class B
  • HSD Engine Co., Ltd
  • Gaztransport & Technigaz SA
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • Hyundai Mipo Dockyard Co., Ltd
Last Updated on 12 Aug, 2022

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