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Producer Manufacturing

Nifco Inc.

Business Summary

Nifco Inc. engages in the manufacture and sale of industrial plastic products and components. It operates through the following segments: Industrial Plastic Parts and Components, Bedding and Furniture and Others. The Industrial Plastic Parts and Components segment includes industrial plastic fasteners and plastic precision molding parts. The Bedding and Furniture segment covers different beds and reclining chairs. The Others segment handles the purchase of trade accounts receivables and outsourcing services for various businesses. The company was founded by Toshiaki Ogasawara on February 13, 1967 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue288,902M2,605.19M
Gross Profit77,026M694.58M
Operating income28,835M260.02M
Income before tax29,710M267.91M
Net income20,753M187.14M
EBITDA44,587M402.06M
Diluted EPS192.731.73
Dividends Per Share620.55
Total Assets288,610M2,607.48M
Total liabilities127,917M1,155.68M
Total equity158,787M1,434.58M
Operating cash flow37,371M336.99M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 225,415M 265,683M 259,439M 271,302M 288,902M
Gross Profit 60,587M 71,468M 75,626M 77,416M 77,026M
Operating income 20,975M 27,574M 29,813M 30,901M 28,835M
Income before tax 19,151M 26,017M 28,706M 30,888M 29,710M
Net income 12,901M 17,742M 20,364M 21,199M 20,753M
EBITDA 33,742M 43,245M 43,634M 45,923M 44,587M
Diluted EPS 122.01 162.54 187.18 194.59 192.73
Dividends Per Share 40 52.50 60 62 62
Total Assets 265,752M 278,870M 291,120M 281,543M 288,610M
Total liabilities 137,445M 154,505M 157,584M 124,178M 127,917M
Total equity 125,227M 121,245M 130,637M 154,608M 158,787M
Operating cash flow 22,798M 33,845M 36,720M 28,042M 37,371M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,051.90M 2,212.47M 2,395.83M 2,447.85M 2,605.19M
Gross Profit 551.51M 595.14M 698.38M 698.49M 694.58M
Operating income 190.93M 229.62M 275.31M 278.80M 260.02M
Income before tax 174.32M 216.65M 265.09M 278.69M 267.91M
Net income 117.43M 147.74M 188.05M 191.27M 187.14M
EBITDA 307.14M 360.12M 402.94M 414.34M 402.06M
Diluted EPS 1.11 1.35 1.72 1.75 1.73
Dividends Per Share 0.36 0.43 0.55 0.55 0.55
Total Assets 2,215.98M 2,481.16M 2,612.58M 2,647.32M 2,607.48M
Total liabilities 1,146.09M 1,374.66M 1,414.19M 1,167.63M 1,155.68M
Total equity 1,044.21M 1,078.74M 1,172.36M 1,453.76M 1,434.58M
Operating cash flow 207.52M 281.84M 339.09M 253.01M 336.99M

Valuation Measures

Mar 2019
PER14.10
ROA7.27%
ROE13.24%
Operating margin9.98%
Profit margin7.18%

Key executives

  • President, CEO, COO & Representative Director: Toshiyuki Yamamoto
  • CFO, Managing Executive Officer & GM-Finance: Junji Honda
  • Chief Information Officer & GM-Administration: Kotaro Suzuki
  • CTO, Managing Executive Officer & GM-Technology: Masanobu Kawamoto
  • Director & Senior Managing Executive Officer: Fukuo Iwasaki

Shareholders

  • OGASAWARA TOSHIAKI /NIFCO/ (11.0%)
  • FIL Investments (Japan) Ltd. (6.1%)
  • Mondrian Investment Partners Ltd. (5.0%)
  • Matthews International Capital Management LLC (5.0%)
  • Invesco Asset Management (Japan) Ltd. (4.9%)
  • Ogasawara Foundation (4.0%)
  • Nifco Inc. (3.8%)
  • Nippon Life Insurance Co. (2.7%)
  • Capital International KK (2.5%)
  • The Vanguard Group, Inc. (2.0%)

Contact Details

Related Companies

  • Nifco Employee Incentive Plan ESOP
  • Nifco Board Incentive Plan
  • Nifco Employee Incentive Plan
  • Li Fugao (Yancheng) Precision Resin Products Ltd.
  • Nifco Korea Poland Sp zoo
  • Nifco Poland Sp zoo
  • Nifco India Pvt Ltd.
  • Nifco Korea USA, Inc.
  • Dongguan Nifco Co. Ltd.
  • Nifco Enterprise Management (Shanghai) Co. Ltd.
  • Nifco (Singapore) Pte Ltd.
  • Beijing Nifco Co. Ltd.
  • PT Nifco Indonesia
  • Nifco South India Manufacturing Pvt Ltd.
  • Nifco (Jiangsu) Co. Ltd.
  • Nifco Vietnam Ltd.
  • Nifco (Hubei) Co. Ltd.
  • Nifco (Tianjin) Co. Ltd.
  • Nifco Central Mexico S de RL de CV
  • Nifsan Pty Ltd.
  • Shanghai Nifco Plastic Manufacturer Co. Ltd.
  • Nifco Manufacturing (Malaysia) Sdn. Bhd.
  • Nifco (HK) Ltd.
  • Nifco (Yancheng) Co. Ltd.
  • Nifco Deutschland GmbH
  • Nifco Taiwan Corp.
  • Nifco Kumamoto KK
  • Simmons Co., Ltd.
  • Nifco Yamagata, Inc.
  • Nifco UK Ltd.

Competitors

  • Raval ICS Ltd.
  • LISI SA
  • Stanley Black & Decker, Inc.
Last Updated on 11 Oct, 2019

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