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Producer Manufacturing

Mitsui Engineering & Shipbuilding 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 2019 JPYUSD
Revenue656,504M5,920.06M
Gross Profit-6,801M-61.32M
Operating income-59,703M-538.37M
Income before tax-45,234M-407.90M
Net income-69,599M-627.61M
EBITDA-44,031M-397.05M
Diluted EPS-861.08-7.76
Dividends Per Share00
Total Assets999,100M9,026.51M
Total liabilities718,858M6,494.62M
Total equity159,751M1,443.29M
Operating cash flow66,176M596.74M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 816,520M 805,413M 731,464M 703,216M 656,504M
Gross Profit 58,083M 60,142M 57,318M 48,403M -6,801M
Operating income 13,298M 11,813M 8,305M -5,224M -59,703M
Income before tax 16,006M 20,521M 34,014M 10,907M -45,234M
Net income 9,463M 7,599M 12,194M -10,136M -69,599M
EBITDA 31,251M 30,679M 28,192M 13,213M -44,031M
Diluted EPS 116.10 93.90 150.60 -125.41 -861.08
Dividends Per Share 20 40 30 0 0
Total Assets 1,074.56B 1,094.04B 1,096.73B 1,029.22B 999,100M
Total liabilities 727,258M 750,189M 729,122M 672,380M 718,858M
Total equity 236,870M 235,008M 250,606M 239,377M 159,751M
Operating cash flow 15,167M 29,802M -7,843M -3,555M 66,176M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 7,432.60M 6,707.06M 6,754.83M 6,344.85M 5,920.06M
Gross Profit 528.71M 500.83M 529.31M 436.72M -61.32M
Operating income 121.04M 98.37M 76.69M -47.13M -538.37M
Income before tax 145.69M 170.88M 314.10M 98.40M -407.90M
Net income 86.13M 63.28M 112.60M -91.45M -627.61M
EBITDA 284.47M 255.47M 260.34M 119.21M -397.05M
Diluted EPS 1.05 0.78 1.39 -1.13 -7.76
Dividends Per Share 0.18 0.33 0.27 0 0
Total Assets 8,960.29M 9,733.90M 9,842.36M 9,677.68M 9,026.51M
Total liabilities 6,064.27M 6,674.57M 6,543.31M 6,322.33M 6,494.62M
Total equity 1,975.15M 2,090.91M 2,248.99M 2,250.84M 1,443.29M
Operating cash flow 138.06M 248.17M -72.42M -32.07M 596.74M

Valuation Measures

Mar 2019
PER--
ROA-6.86%
ROE-34.87%
Operating margin-9.09%
Profit margin-10.60%

Key executives

  • President, COO & Representative Director: Ryoichi Oka
  • CFO, Director, VP & Head-Investor Relations: Keigo Matsubara
  • Director & Chief Compliance Officer: Shoichi Taguchi
  • Managing Executive Officer: Norihisa Fukuda
  • Director: Tetsuro Koga

Shareholders

  • Nomura Asset Management Co., Ltd. (4.5%)
  • Asset Management One Co., Ltd. (3.0%)
  • Mitsui & Co., Ltd. (3.0%)
  • Sumitomo Mitsui Trust Bank Pension Fund (2.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.7%)
  • Mitsui E&S Holdings Co., Ltd. (2.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Pictet & Cie (Europe) SA (2.1%)
  • Nippon Life Insurance Co. (1.9%)
  • Dimensional Fund Advisors LP (1.7%)

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 Engineering Co., Ltd.
  • Mitsui Engineering & 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 Technoservice Hong Kong Ltd.
  • Mitsuizosen (Shanghai) Co. Ltd.
  • Mitsui Engineering & Shipbuilding Arabia Ltd.
  • Mitsui Thanglong Steel Construction Co. Ltd.
  • Mitsui Engineering & Shipbuilding Asia Pte Ltd.
  • Mitsuizosen Technoservice Taiwan Co. Ltd.
  • Mitsui Engineering & Shipbuilding Trust
  • CSSC-MES Diesel Co., Ltd.
  • 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.
  • Mitsui Zosen Environment Engineering Corp.

Competitors

  • Wartsila Oyj Abp
  • HSD Engine Co., Ltd
  • Gaztransport & Technigaz SA
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • CNIM Group SA
  • Advanced Lithium Electrochemistry (Cayman) Co. Ltd.
Last Updated on 6 Dec, 2019

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