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Electronic Technology

Mitsui High-tec, Inc.

Business Summary

Mitsui High-tec, Inc. engages in the production and sale of lead frame, motor core, precision tooling and machine tools. It operates through the following segments: Metal Molds, Electronic Components, Electrical Components, and Machine Tools. The Metal Molds segment manufactures and sells molds for press. The Electronic Components segment engages in the manufacture and sale of IC (Integrated Circuit) assembly and lead frame products. The Electrical Components segment handles the production of motor cores. The Machine Tools segment produces precision surface grinders. The company was founded by Yoshiaki Mitsui in January 1949 and is headquartered in Kitakyushu, Japan.

Financial Highlights

Jan 2020 JPYUSD
Revenue86,970M797.58M
Gross Profit8,793M80.63M
Operating income21M0.19M
Income before tax-7M-0.06M
Net income-624M-5.72M
EBITDA7,176M65.80M
Diluted EPS-16.83-0.15
Dividends Per Share60.05
Total Assets89,758M828.14M
Total liabilities43,897M405.00M
Total equity45,632M421.01M
Operating cash flow6,453M59.17M
Currency in JPYCurrency in USD

Historical Data

 Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020
Revenue 64,104M 65,346M 78,727M 81,985M 86,970M
Gross Profit 8,810M 8,844M 10,466M 9,141M 8,793M
Operating income 1,858M 1,822M 2,142M 500M 21M
Income before tax 2,338M 2,188M 1,866M 915M -7M
Net income 1,817M 1,850M 1,907M 302M -624M
EBITDA 6,472M 6,507M 7,483M 6,656M 7,176M
Diluted EPS 44.33 47.38 49.54 7.96 -16.83
Dividends Per Share 13 10 16 6 6
Total Assets 57,417M 62,811M 72,298M 85,222M 89,758M
Total liabilities 7,695M 13,294M 21,801M 36,887M 43,897M
Total equity 49,592M 49,362M 50,315M 48,132M 45,632M
Operating cash flow 6,047M 5,029M 4,899M 7,238M 6,453M
 Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020
Revenue 529.47M 602.69M 704.17M 743.42M 797.58M
Gross Profit 72.76M 81.56M 93.61M 82.88M 80.63M
Operating income 15.34M 16.80M 19.15M 4.53M 0.19M
Income before tax 19.31M 20.18M 16.69M 8.29M -0.06M
Net income 15.00M 17.06M 17.05M 2.73M -5.72M
EBITDA 53.45M 60.01M 66.93M 60.35M 65.80M
Diluted EPS 0.36 0.43 0.44 0.07 -0.15
Dividends Per Share 0.10 0.09 0.14 0.05 0.05
Total Assets 474.26M 557.94M 662.34M 783.07M 828.14M
Total liabilities 63.56M 118.09M 199.72M 338.94M 405.00M
Total equity 409.63M 438.48M 460.95M 442.26M 421.01M
Operating cash flow 49.94M 46.38M 43.81M 65.63M 59.17M

Valuation Measures

Jan 2020
PER--
ROA-0.71%
ROE-1.33%
Operating margin0.02%
Profit margin-0.71%

Key executives

  • President & Representative Director: Yasunari Mitsui
  • Operations Manager: Yu Yamashita
  • Director, Executive Officer & GM-Corporate: Kazufumi Yoshida
  • Director, Executive Officer & GM-Lead Frame: Tomomi Funakoshi
  • Director & General Manager-Administration: Kozo Mitsui

Shareholders

  • Mitsui Create Co., Ltd. (29.6%)
  • Mitsui High-tec, Inc. (7.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.2%)
  • Fukuoka Financial Group, Inc. (3.9%)
  • Mitsui Foundation of Die Technology Promotion (3.6%)
  • MITSUI YASUNARI (2.9%)
  • Toyota Motor Corp. (2.3%)
  • MITSUI KOZO (1.7%)
  • The Vanguard Group, Inc. (1.6%)
  • Nippon Life Insurance Co. (1.6%)

Contact Details

Related Companies

  • Mitsui High-tec, Inc. (United States)
  • MHT America Holdings, Inc.
  • Mitsui High-tec (Thailand) Co. Ltd.
  • Mitsui High-tec (Taiwan) Co. Ltd.
  • Mitsui High-Tec Guangdong Co. Ltd.
  • Mitsui High-tec (Tianjin) Co. Ltd.
  • Mitsui High-tec (Hong Kong) Ltd.
  • Mitsui Electric Co., Ltd.
  • Mitsui High-tec (Malaysia) Sdn. Bhd.
  • Mitsui High-tec (Shanghai) Co. Ltd.
  • Mitsui Asia Headquarters Pte Ltd.
  • Mitsui Foundation of Die Technology Promotion
  • Mitsui Create USA, Inc.

Competitors

  • Chang Wah Electromaterials, Inc.
  • HAESUNG DS Co., Ltd.
Last Updated on 8 Jul, 2020

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