Producer Manufacturing
NTN Corp.
In the news
- US grants nearly 1,000 exemptions from China tariffs Dec 31, 2018
- Japan's NTN to supply in-wheel motor tech to Chinese startup Apr 19, 2018
- US-linked stocks take beating as market sours on economy Jun 16, 2017
- Japan's NTN building axle parts plant in US Mar 17, 2017
- Favorable environment encourages corporate bond issues in Japan Feb 22, 2017 See more articles on NTN Corp.
Business Summary
NTN Corp. engages in the manufacture and sale of bearings, constant velocity joints (CVJ), and precision equipment. It operates through the following segments: Japan, Americas, Europe, and Asia and Other Areas. Its products include rolling bearings, plummer blocks, bearing units, sliding bearings, CVJs, auto tensioners, clutches, linear motion products, and parts feeder systems. The company was founded in March 1918 and is headquartered in Osaka, Japan.
Financial Highlights
| Mar 2019 | JPY | USD |
| Revenue | 733,569M | 6,615.00M |
| Gross Profit | 135,193M | 1,219.11M |
| Operating income | 26,946M | 242.98M |
| Income before tax | 2,938M | 26.49M |
| Net income | -6,958M | -62.74M |
| EBITDA | 65,872M | 594.00M |
| Diluted EPS | -13.10 | -0.11 |
| Dividends Per Share | 15 | 0.13 |
| Total Assets | 840,750M | 7,595.88M |
| Total liabilities | 594,343M | 5,369.68M |
| Total equity | 230,155M | 2,079.36M |
| Operating cash flow | 43,224M | 389.77M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 701,900M | 716,996M | 683,328M | 744,372M | 733,569M |
| Gross Profit | 136,651M | 145,861M | 135,709M | 146,476M | 135,193M |
| Operating income | 43,850M | 47,770M | 35,622M | 39,609M | 26,946M |
| Income before tax | 37,062M | 26,942M | 14,889M | 26,905M | 2,938M |
| Net income | 23,352M | 15,037M | 2,830M | 20,374M | -6,958M |
| EBITDA | 84,295M | 86,099M | 72,298M | 77,114M | 65,872M |
| Diluted EPS | 43.91 | 28.28 | 5.33 | 38.36 | -13.10 |
| Dividends Per Share | 6 | 10 | 10 | 15 | 15 |
| Total Assets | 856,277M | 794,650M | 798,891M | 839,427M | 840,750M |
| Total liabilities | 593,718M | 546,146M | 553,838M | 569,665M | 594,343M |
| Total equity | 245,271M | 232,322M | 229,244M | 253,403M | 230,155M |
| Operating cash flow | 25,120M | 46,247M | 62,387M | 61,799M | 43,224M |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 6,389.24M | 5,970.77M | 6,310.31M | 6,716.19M | 6,615.00M |
| Gross Profit | 1,243.90M | 1,214.65M | 1,253.22M | 1,321.59M | 1,219.11M |
| Operating income | 399.15M | 397.80M | 328.95M | 357.37M | 242.98M |
| Income before tax | 337.36M | 224.35M | 137.49M | 242.75M | 26.49M |
| Net income | 212.56M | 125.22M | 26.13M | 183.82M | -62.74M |
| EBITDA | 767.31M | 716.98M | 667.64M | 695.77M | 594.00M |
| Diluted EPS | 0.39 | 0.23 | 0.04 | 0.34 | -0.11 |
| Dividends Per Share | 0.05 | 0.08 | 0.09 | 0.13 | 0.13 |
| Total Assets | 7,140.10M | 7,070.15M | 7,169.44M | 7,893.05M | 7,595.88M |
| Total liabilities | 4,950.74M | 4,859.16M | 4,970.27M | 5,356.51M | 5,369.68M |
| Total equity | 2,045.20M | 2,067.01M | 2,057.29M | 2,382.72M | 2,079.36M |
| Operating cash flow | 228.66M | 385.12M | 576.12M | 557.58M | 389.77M |
Valuation Measures
| Mar 2019 | |
| PER | -- |
| ROA | -0.82% |
| ROE | -2.87% |
| Operating margin | 3.67% |
| Profit margin | -0.94% |
Key executives
- Executive President & Representative Director: Hiroshi Ohkubo
- CFO & Senior Managing Representative Director: Keiji Ohashi
- Managing Executive Officer & GM-Finance: Tetsuya Sogo
- CTO & Senior Managing Representative Director: Yoshinori Terasaka
- Executive Officer: Yoshinobu Akamatsu
Shareholders
- Nomura Asset Management Co., Ltd. (5.7%)
- Mitsubishi UFJ Financial Group, Inc. (4.4%)
- Dai-ichi Life Holdings, Inc. (4.3%)
- Meiji Yasuda Life Insurance Co. (4.2%)
- Asset Management One Co., Ltd. (3.5%)
- Dimensional Fund Advisors LP (2.7%)
- NTN Kyoeikai Business Association (2.7%)
- The Vanguard Group, Inc. (2.2%)
- Daiwa Asset Management Co. Ltd. (1.8%)
- Nikko Asset Management Co., Ltd. (1.8%)
Contact Details
- Website:http://www.ntn.co.jp
- Address: 1-3-17 Kyomachibori, Nishi-Ku, Osaka, 550-0003, Japan
- Phone: +81.6.6443.5001
Related Companies
- NTN Pension Fund
- Ntn Board Member Incentive Plan
- NTN Advanced Materials Corp.
- NTN Manisa Otomotiv Ltd. Sti
- NTN de Mexico SA
- Nanjing Puzhen NTN Railway Bearing Co. Ltd.
- NTN (China) Investment Corp.
- NTN do Brasil Ltda.
- Xiangyang NTN-Yulon Drivetrain Co. Ltd.
- NTN Bearing India Pvt Ltd.
- NTN-RAB (Changzhou) Corp.
- NTN-LYC (Luoyang) Bearing Corp.
- NTN-DONGPAI (Shanghai) Bearing Sales Corp.
- Shanghai NTN Corp.
- Nanjing NTN Corp.
- PT NTN Manufacturing Indonesia
- NTN NEI Manufacturing India Pvt Ltd.
- NTN-Sudamericana SA
- NTE Gardelegen GmbH
- NTN Employee Stock Ownership Plan
- Seohan-NTN Bearing Co., Ltd.
- Seohan-NTN Driveshaft USA Corp.
- NTN Manufacturing (Thailand) Co. Ltd.
- NTN Bearing-Thailand Co. Ltd.
- NTN Bearing-Malaysia Sdn.Bhd
- NTN Bearing Corporation of Canada Ltd.
- PT Teknindopuri Ampuh Perkasa
- Ntn Trust
- NTN do Brasil Producao de Semi-Eixos Ltda.
- NTN MIE Corp.
Competitors
- SKF AB Class B
- Timken Company
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Last Updated on 1 Apr, 2020