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Producer Manufacturing

Mitsui Mining & Smelting Co., Ltd.

Business Summary

Mitsui Mining & Smelting Co., Ltd. engages in the manufacture and sale of functional engineered materials and electronic materials. It also manufactures and sells of automotive parts and components; nonferrous metal smelting; minerals resource development; precious metal recycling; and raw material related businesses. The company operates its business through the following segments: Engineered Materials, Metals, Automotive Parts & Components, and Affiliates Coordination. The Engineered Materials segment consists of battery materials, automotive catalysts, engineered powders, rare metals, and single crystals. The Metals segment engages in the zinc, copper and precious metals business. The Automotive Parts & Components segment manufactures and sells automobile door locks. The Affiliates Coordination segment offers magnesium, aluminum and zinc die-cast products, and also offers plates and coils made using copper, copper alloys, and brass which is an alloy of copper and zinc, as well as various other rolled copper products. Mitsui Mining & Smelting was founded on May 1, 1950 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue497,701M4,488.05M
Gross Profit72,639M655.02M
Operating income18,202M164.13M
Income before tax15,162M136.72M
Net income4,691M42.30M
EBITDA46,166M416.30M
Diluted EPS82.140.74
Dividends Per Share700.63
Total Assets523,315M4,727.96M
Total liabilities343,636M3,104.63M
Total equity170,055M1,536.38M
Operating cash flow40,696M366.97M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 473,274M 450,553M 436,330M 519,215M 497,701M
Gross Profit 76,122M 60,862M 86,417M 100,438M 72,639M
Operating income 31,835M 11,137M 38,462M 49,530M 18,202M
Income before tax 24,534M -12,558M 25,931M 7,741M 15,162M
Net income 17,237M -20,926M 18,674M -708M 4,691M
EBITDA 57,021M 36,234M 62,896M 76,168M 46,166M
Diluted EPS 301.80 -366.40 327 -12.39 82.14
Dividends Per Share 60 60 70 70 70
Total Assets 538,646M 484,800M 518,981M 518,705M 523,315M
Total liabilities 331,540M 305,234M 334,556M 340,049M 343,636M
Total equity 196,986M 169,537M 173,982M 168,193M 170,055M
Operating cash flow 37,245M 50,397M 24,218M 52,436M 40,696M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,308.11M 3,751.97M 4,029.36M 4,684.68M 4,488.05M
Gross Profit 692.92M 506.82M 798.03M 906.21M 655.02M
Operating income 289.78M 92.74M 355.18M 446.89M 164.13M
Income before tax 223.32M -104.57M 239.46M 69.84M 136.72M
Net income 156.90M -174.26M 172.44M -6.38M 42.30M
EBITDA 519.04M 301.73M 580.82M 687.23M 416.30M
Diluted EPS 2.74 -3.05 3.01 -0.11 0.74
Dividends Per Share 0.54 0.49 0.64 0.63 0.63
Total Assets 4,491.52M 4,313.35M 4,657.46M 4,877.33M 4,727.96M
Total liabilities 2,764.56M 2,715.72M 3,002.38M 3,197.45M 3,104.63M
Total equity 1,642.57M 1,508.40M 1,561.35M 1,581.50M 1,536.38M
Operating cash flow 339.03M 419.68M 223.64M 473.11M 366.97M

Valuation Measures

Mar 2019
PER34.56
ROA0.90%
ROE2.77%
Operating margin3.65%
Profit margin0.94%

Key executives

  • President & Representative Director: Keiji Nishida
  • Executive Officer & Manager-Functional Materials: Shuji Chikujo
  • Executive Officer & Deputy GM-Functional Materials: Makoto Miyaji
  • Executive Officer & Manager-Engineered Powder: Katsuhiko Yoshimaru
  • Executive Officer: Akira Yoshida

Shareholders

  • Nomura Asset Management Co., Ltd. (6.3%)
  • Asset Management One Co., Ltd. (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.3%)
  • T. Rowe Price Associates, Inc. (Investment Management) (3.8%)
  • Sumitomo Mitsui Trust Bank, Ltd. (Investment Management) (3.7%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (3.7%)
  • Dimensional Fund Advisors LP (3.3%)
  • Goldman Sachs Asset Management LP (2.8%)
  • T. Rowe Price Japan, Inc. (2.7%)
  • The Vanguard Group, Inc. (2.4%)

Contact Details

Related Companies

  • Oak-Mitsui Technologies LLC
  • Mitsui Copper Foil (Hong Kong) Co. Ltd.
  • Automotive Components Technology India Pvt Ltd.
  • Mitsui Components Guangdong Co. Ltd.
  • Mitsui Kinzoku Trading (Shanghai) Co. Ltd.
  • Mitsui Copper Foil (Suzhou) Co. Ltd.
  • Mitsui Kinzoku Catalyst (Zhuhai) Co., Ltd.
  • Mitsui Kinzoku Catalysts (Thailand) Co. Ltd.
  • Mitsui Kinzoku (Shanghai) Management Co. Ltd.
  • Mitsui Kinzoku Catalysts Vietnam Co. Ltd.
  • Mitsui Kinzoku Components India Pvt Ltd.
  • PT Mitsui Kinzoku Catalysts Jakarta
  • Mitsui Kinzoku Catalysts America, Inc.
  • Mitsui Copper Foil (Malaysia) Sdn. Bhd.
  • Mitsui Mining & Smelting Business Association
  • Mitsui Kinzoku Act Corp.
  • Ms Zinc Co., Ltd.
  • Taiwan Copper Foil Co. Ltd.
  • Mitsui Kinzoku Korea Co., Ltd.
  • Kamioka Components Co. Ltd.
  • Your Soft, Inc.
  • Miike Smelting Co. Ltd.
  • Hikoshima Smelting Co. Ltd.
  • Mitsui Kinzoku Kyushu Engineering Co. Ltd.
  • Nippon Yttrium Co. Ltd.
  • Kamioka Mining & Smelting Co. Ltd.
  • Mitsui Kushikino Mining Co. Ltd.
  • Mitsui Kinzoku Staff Service Co. Ltd.
  • OHI Unyu KK
  • Okuaizu Geothermal Co. Ltd.

Competitors

  • NorZinc Ltd.
  • STRATTEC SECURITY CORPORATION
Last Updated on 18 Nov, 2019

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