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Producer Manufacturing

NHK Spring Co., Ltd.

  • 838.00 JPY
  • +9.00
  • +1.09%
  • Japan
    Jul 17, 2019
  • Ticker
    TKS(5991)
  • Prev. close
    829
  • Market cap (JPY)
    202,330.82M
  • Market cap (USD)
    1,868.76M
  • Shares
    244.06M

Business Summary

NHK Spring Co., Ltd. engages in the manufacture and sale of automotive suspension springs, seats, precision springs, and other components. It operates through the following segments: Automotive Suspension Spring, Automotive Seating, Precision Springs and Components, and Industrial Machinery and Equipment and Others. The Automotive Suspension Spring segment provides leaf springs, coil springs, stabilizers, torsion bars, stabilizer links and gas springs. The Automotive Seating segment includes seats, mechanical seating components, trim parts, and interior. The Precision Spring and Components segment offers hard disk drive suspension and mechanical components, wire springs, flat springs, and probe units for liquid crystal displays and semiconductors, and precision machine components. The Industrial Machinery and Equipment and Others segment covers ceramic products, spring mechanisms, pipe support systems, automatic parking systems, polyurethane products, metal-based printed circuit board, security products, and lighting equipment, and golf club shafts. The company was founded on June 6, 1936 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue681,006M6,141.01M
Gross Profit72,953M657.85M
Operating income26,651M240.32M
Income before tax20,116M181.39M
Net income7,105M64.06M
EBITDA51,652M465.77M
Diluted EPS28.840.26
Dividends Per Share240.21
Total Assets580,618M5,245.67M
Total liabilities284,553M2,570.83M
Total equity281,135M2,539.95M
Operating cash flow36,794M331.79M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 601,434M 640,516M 626,950M 659,730M 681,006M
Gross Profit 85,953M 78,848M 84,120M 80,946M 72,953M
Operating income 32,219M 35,041M 40,615M 35,542M 26,651M
Income before tax 37,191M 33,571M 37,669M 32,644M 20,116M
Net income 23,873M 21,592M 25,099M 20,495M 7,105M
EBITDA 53,765M 58,753M 63,882M 59,755M 51,652M
Diluted EPS 96.39 85.66 99.91 83.22 28.84
Dividends Per Share 20 22 23 23 24
Total Assets 529,899M 509,810M 541,741M 576,466M 580,618M
Total liabilities 255,006M 239,973M 248,961M 268,813M 284,553M
Total equity 262,655M 257,243M 279,700M 292,837M 281,135M
Operating cash flow 44,853M 42,674M 55,664M 49,811M 36,794M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 5,474.72M 5,333.88M 5,789.68M 5,952.50M 6,141.01M
Gross Profit 782.41M 656.60M 776.82M 730.34M 657.85M
Operating income 293.28M 291.80M 375.06M 320.68M 240.32M
Income before tax 338.54M 279.56M 347.86M 294.53M 181.39M
Net income 217.31M 179.80M 231.78M 184.91M 64.06M
EBITDA 489.41M 489.26M 589.92M 539.14M 465.77M
Diluted EPS 0.87 0.71 0.92 0.75 0.26
Dividends Per Share 0.18 0.18 0.21 0.20 0.21
Total Assets 4,418.58M 4,535.87M 4,861.71M 5,420.45M 5,245.67M
Total liabilities 2,126.37M 2,135.08M 2,234.23M 2,527.62M 2,570.83M
Total equity 2,190.16M 2,288.74M 2,510.09M 2,753.52M 2,539.95M
Operating cash flow 408.28M 355.36M 514.03M 449.42M 331.79M

Valuation Measures

Mar 2019
PER33.17
ROA1.22%
ROE2.47%
Operating margin3.91%
Profit margin1.04%

Key executives

  • Executive President & Representative Director: Takashi Kayamoto
  • Executive Officer & Manager-Information Systems: Junichi Suzuki
  • General Manager-Research & Development: Toshio Kazama
  • Managing Executive Officer & GM-Technology: Kiyohiko Kanmei
  • Representative Director & Vice President: Toru Sugiyama

Shareholders

  • Silchester International Investors LLP (10.2%)
  • Daido Steel Pension Fund (9.1%)
  • Sojitz Corp. (5.4%)
  • Daido Steel Co., Ltd. (4.4%)
  • Kobe Steel Ltd. Pension Fund (3.8%)
  • Schroder Investment Management Ltd. (3.8%)
  • Kiltearn Partners LLP (3.0%)
  • NHK Spring Co., Ltd. (2.8%)
  • Asset Management One Co., Ltd. (2.6%)
  • Mizuho Bank Pension Fund (2.3%)

Contact Details

  • Website:http://www.nhkspg.co.jp
  • Address: 3-10 Fukuura, Kanazawa-Ku, Yokohama, 236-0004, Japan
  • Phone: +81.45.786.7511

Related Companies

  • NHK Transport (Shanghai) Co. Ltd.
  • PT NHK F. KBU Indonesia Automotive Seating
  • NHK F. Krishina India Automotive Seating Pvt.Ltd.
  • NHK Spring Mexico SA de CV
  • NHK Seating (Hubei) Co. Ltd.
  • Faurecia NHK (Xiaugyang) Automotive Seating Co. Ltd.
  • NAT Peripheral (Dongguan) Co. Ltd.
  • NHK Spring (China) Co. Ltd.
  • NHK Spring Europe BV
  • NHK Spring Precision (Guangzhou) Co. Ltd.
  • NHK Seating (Zhengzhou) Co. Ltd.
  • FNK China Co. Ltd.
  • NHK Spring Philippines, Inc.
  • GLG Corp. (Japan)
  • NHK Automotive Components India Pvt Ltd.
  • Nhk Spring Trust
  • NHK MEC Co., Ltd.
  • NHK Spring R&D Center, Inc.
  • NHK Teleflex Corp.
  • NHK Transport Co. Ltd.
  • Yokohama Kiko Techno KK
  • Nippatsu Service Co. Ltd.
  • Tohoku Nippatsu Co. Ltd.
  • Faurecia Nippatsu Kyushu KK
  • NHK Parking Systems Co. Ltd.
  • Nippon Shaft Co. Ltd.
  • Nippan Business Support Co. Ltd.
  • Sumihatsu Co. Ltd.
  • NHK Fastener Do Brasil Industria e Comercio Ltda
  • NHK Spring Thailand Co. Ltd.

Competitors

  • thyssenkrupp AG
  • FormFactor, Inc.
  • Rassini, S.A.B. de C.V. Class A
Last Updated on 17 Jul, 2019

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