Producer Manufacturing

NGK SPARK PLUG CO., LTD.

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Business Summary

NGK SPARK PLUG CO., LTD. engages in the manufacture and sale of spark plugs, technical ceramics, and related products for internal combustion engines. It operates through the following segments: Automotive, Technical Ceramics, and Others. The Automotive segment deals with the manufacture and sale of spark plugs, glow plugs, automotive sensors, ceramic engine parts, and other automotive components. The Technical Ceramics segment handles both semiconductor and ceramics divisions that manufacture and sell semiconductors, various device packages, multi-layer circuit boards, cutting tools, industrial equipment parts, and semiconductor manufacturing equipment items. The Others segment includes environmental energy and medical fields, material sales, and welfare services. The company was founded on October 26, 1936 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	491,733M	4,375.91M
Gross Profit	150,017M	1,334.99M
Operating income	63,078M	561.32M
Income before tax	82,645M	735.45M
Net income	60,200M	535.71M
EBITDA	101,018M	898.95M
Diluted EPS	296.03	2.63
Dividends Per Share	102	0.90
Total Assets	823,181M	6,782.13M
Total liabilities	305,191M	2,514.44M
Total equity	514,317M	4,237.42M
Operating cash flow	71,910M	639.92M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	409,912M	425,109M	426,073M	427,546M	491,733M
Gross Profit	139,322M	135,732M	128,272M	124,713M	150,017M
Operating income	67,281M	56,261M	46,489M	46,886M	63,078M
Income before tax	60,098M	56,649M	44,749M	50,913M	82,645M
Net income	44,336M	40,515M	33,698M	38,366M	60,200M
EBITDA	88,354M	82,885M	78,441M	81,586M	101,018M
Diluted EPS	209.36	194.54	163.05	188.59	296.03
Dividends Per Share	60	70	70	60	102
Total Assets	599,972M	651,929M	663,374M	771,293M	823,181M
Total liabilities	211,854M	242,684M	263,043M	319,665M	305,191M
Total equity	385,661M	407,427M	395,876M	448,831M	514,317M
Operating cash flow	65,707M	46,430M	59,787M	63,397M	71,910M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	3,698.48M	3,833.44M	3,918.78M	4,031.26M	4,375.91M
Gross Profit	1,257.05M	1,223.97M	1,179.77M	1,175.90M	1,334.99M
Operating income	607.05M	507.33M	427.58M	442.08M	561.32M
Income before tax	542.24M	510.83M	411.57M	480.05M	735.45M
Net income	400.02M	365.34M	309.93M	361.74M	535.71M
EBITDA	797.18M	747.42M	721.45M	769.26M	898.95M
Diluted EPS	1.88	1.75	1.49	1.77	2.63
Dividends Per Share	0.54	0.63	0.64	0.56	0.90
Total Assets	5,641.48M	5,889.94M	6,144.91M	6,980.02M	6,782.13M
Total liabilities	1,992.04M	2,192.56M	2,436.59M	2,892.89M	2,514.44M
Total equity	3,626.33M	3,680.95M	3,667.04M	4,061.81M	4,237.42M
Operating cash flow	592.84M	418.68M	549.88M	597.76M	639.92M

Valuation Measures

Mar 2022
PER	6.67
ROA	7.55%
ROE	12.50%
Operating margin	12.82%
Profit margin	12.24%

Key executives

President & Representative Director: Takeshi Kawai
Executive Officer, Head-Research & Development: Keiji Suzuki
Representative Director & Executive Vice President: Toru Matsui
Senior Executive Officer: Hiroyuki Maeda
Senior Executive Officer: Yoshiyuki Takayanagi

Shareholders

Meiji Yasuda Life Insurance Co. (8.2%)
Dai-ichi Life Holdings, Inc. (8.2%)
Nomura Asset Management Co., Ltd. (5.8%)
National Mutual Insurance Fed. of Agricultural Cooperatives (3.6%)
The Vanguard Group, Inc. (2.4%)
Norges Bank Investment Management (1.8%)
Nippon Life Insurance Co. (1.7%)
TOTO Ltd. (1.6%)
Mitsubishi UFJ Financial Group, Inc. (1.6%)
Nikko Asset Management Co., Ltd. (1.1%)

Contact Details

Website:http://www.ngkntk.co.jp
Address: 14-18 Takatsuji-cho, Mizuho-Ku, Nagoya, 467-8525, Japan
Phone: +81.52.872.5915

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NGK Spark Plugs Canada Ltd.
UCI Holdings Ltd. /Wells Vehicle Electronic Bus/
NGK Spark Plug (Australia) Pty Ltd.
NGK Spark Plugs (U.S.A.) Holding, Inc.
Ngk Spark Plug Trust
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Kamioka Ceramic Co. Ltd.
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Iijima Ceramic Co. Ltd.
NGK Spark Plug Europe GmbH
Kani Ceramic Co. Ltd.
Nichiwa Kiki Co. Ltd.
CAIRE Medical Ltd.

Competitors

Inogen, Inc.
Standard Motor Products, Inc.

Last Updated on 4 Oct, 2022