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Producer Manufacturing

NGK Insulators, Ltd.

Business Summary

NGK Insulators, Ltd. engages in the manufacture and sale of electric power-related equipment, industrial ceramics, and beryllium copper products. It operates through the following segments: Power, Ceramics, and Electronics. The Power segment manufactures and sells power insulators, devices, and sodium sulfur batteries. The Ceramics segment produces and sells automotive and industrial ceramics, industrial heating systems, and refractory materials. The Electronics segment manufactures and merchandises beryllium copper products, ceramics for industrial electronics and semiconductor manufacturing, electronic components, and molds. The company was founded on May 5, 1919 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue510,439M4,542.37M
Gross Profit162,691M1,447.78M
Operating income83,528M743.31M
Income before tax90,819M808.19M
Net income70,852M630.50M
EBITDA132,798M1,181.76M
Diluted EPS226.162.01
Dividends Per Share630.56
Total Assets982,833M8,097.49M
Total liabilities393,236M3,239.84M
Total equity584,089M4,812.26M
Operating cash flow94,831M843.89M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 451,125M 463,504M 441,956M 452,043M 510,439M
Gross Profit 150,733M 152,452M 140,232M 134,477M 162,691M
Operating income 70,777M 64,738M 55,662M 51,057M 83,528M
Income before tax 65,772M 50,448M 43,836M 53,120M 90,819M
Net income 45,815M 35,507M 27,134M 38,496M 70,852M
EBITDA 101,093M 100,466M 95,241M 95,999M 132,798M
Diluted EPS 142.17 110.16 84.59 121.42 226.16
Dividends Per Share 44 50 50 30 63
Total Assets 826,243M 863,636M 833,085M 908,967M 982,833M
Total liabilities 353,376M 374,388M 363,964M 391,073M 393,236M
Total equity 461,842M 478,440M 459,381M 512,875M 584,089M
Operating cash flow 50,554M 61,224M 53,200M 85,641M 94,831M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,070.33M 4,179.67M 4,064.86M 4,262.24M 4,542.37M
Gross Profit 1,360.00M 1,374.74M 1,289.77M 1,267.96M 1,447.78M
Operating income 638.59M 583.77M 511.94M 481.40M 743.31M
Income before tax 593.43M 454.91M 403.17M 500.86M 808.19M
Net income 413.37M 320.18M 249.56M 362.97M 630.50M
EBITDA 912.12M 905.95M 875.97M 905.16M 1,181.76M
Diluted EPS 1.28 0.99 0.77 1.14 2.01
Dividends Per Share 0.39 0.45 0.45 0.28 0.56
Total Assets 7,769.09M 7,802.64M 7,716.96M 8,225.94M 8,097.49M
Total liabilities 3,322.76M 3,382.46M 3,371.44M 3,539.12M 3,239.84M
Total equity 4,342.66M 4,322.53M 4,255.30M 4,641.40M 4,812.26M
Operating cash flow 456.13M 552.09M 489.30M 807.49M 843.89M

Valuation Measures

Mar 2022
PER7.73
ROA7.49%
ROE12.91%
Operating margin16.36%
Profit margin13.88%

Key executives

  • President & Representative Director: Shigeru Kobayashi
  • Representative Director, Vice President, Head-R&D: Chiaki Niwa
  • Director & Senior Vice President: Nobumitsu Saji
  • Director, Senior Vice President & Group Executive: Atsushi Matsuda
  • Representative Director & Vice President: Hiroshi Kanie

Shareholders

  • Meiji Yasuda Life Insurance Co. (6.8%)
  • Dai-ichi Life Holdings, Inc. (6.7%)
  • Nomura Asset Management Co., Ltd. (6.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • Mitsubishi UFJ Financial Group, Inc. (3.0%)
  • Nikko Asset Management Co., Ltd. (2.7%)
  • Daiwa Asset Management Co. Ltd. (2.7%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.2%)
  • The Vanguard Group, Inc. (2.0%)
  • NGK Insulators, Ltd. (1.7%)

Contact Details

  • Website:http://www.ngk.co.jp
  • Address: 2-56 Suda-cho, Mizuho-Ku, Nagoya, 467-8530, Japan
  • Phone: +81.52.872.7181

Related Companies

  • NGK Technologies India Pvt Ltd.
  • NGK Metex Corp.
  • NGK Okhotsk Ltd.
  • NGK Kilntech Co., Ltd.
  • NGK Ceramics (Thailand) Co., Ltd.
  • NGK Material USA, Inc.
  • NGK Electronics Devices Suzhou Co. Ltd.
  • NGK Insulators Tangshan Co., Ltd.
  • NGK Italy Srl
  • Siam NGK Technocera Co., Ltd.
  • NGK Technocera Suzhou Co., Ltd.
  • NGK Insulators (China) Investment Co., Ltd.
  • NGK-Locke, Inc.
  • NGK Electronics Devices (M) Sdn. Bhd.
  • NGK Ceramics Suzhou Co., Ltd.
  • NGK Automotive Ceramics Korea Co., Ltd.
  • NGK Electronics Devices, Inc.
  • NGK-Locke Polymer Insulators, Inc.
  • NGK Stanger Pty Ltd.
  • NGK Insulators UK Ltd.
  • NGK Insulators of Canada Ltd.
  • NGK Automotive Ceramics USA, Inc.
  • NGK Electronics USA, Inc.
  • NGK Ceramics South Africa Pty Ltd.
  • NGK Ceramics Mexico S de RL de CV
  • Ngk Insulators Pension Fund
  • NGK Ceramics Polska Sp zoo
  • NGK Optoceramics Co. Ltd.
  • Hokuriku Energys KK
  • Melec Co. Ltd.

Competitors

  • Materion Corporation
  • Corning Inc
  • EnPro Industries, Inc.
  • Aofu Environmental Technology Co. Ltd. Class A
Last Updated on 18 May, 2022

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