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Non-Energy Minerals

Nihon Seiko Co., Ltd.

Business Summary

Nihon Seiko Co., Ltd. engages in the manufacture and sale of antimony products and atomized metal powders. It operates in the following segments: Antimony Products, Atomized Metal Powder, and Others. The Antimony Products segment manufactures and sells antimony products used as catalyst for polyester polymerization, additives for friction materials, decoloring and fining of high-grade glass, and as flame retardant additive for plastics. The Atomized Metal Powder segment produces and sells super-fine copper powders for electronic components and metal powders for micro motor bearings. The Others segment deals with the real estate leasing business. The company was founded on June 11, 1935 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue10,913.55M100.37M
Gross Profit1,376.06M12.65M
Operating income448.44M4.12M
Income before tax432.03M3.97M
Net income286.17M2.63M
EBITDA904.90M8.32M
Diluted EPS117.241.07
Dividends Per Share750.68
Total Assets10,857.78M100.57M
Total liabilities3,571.69M33.08M
Total equity7,286.08M67.49M
Operating cash flow1,452.31M13.35M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 11,797.70M 11,511.04M 14,528.71M 14,083.70M 10,913.55M
Gross Profit 1,441.96M 1,936.99M 2,421.77M 2,294.06M 1,376.06M
Operating income 532.67M 966.92M 1,420.90M 1,252.51M 448.44M
Income before tax 493.96M 952.90M 1,390.23M 1,215.47M 432.03M
Net income 312.99M 644.96M 951.09M 829.77M 286.17M
EBITDA 942.38M 1,391.85M 1,841.13M 1,724.09M 904.90M
Diluted EPS 128.15 264.05 389.54 339.92 117.24
Dividends Per Share 50 50 75 75 75
Total Assets 10,292.46M 10,765.09M 11,885.59M 11,847.32M 10,857.78M
Total liabilities 5,079.02M 5,010.56M 5,313.42M 4,640.93M 3,571.69M
Total equity 5,213.44M 5,754.52M 6,581.23M 7,206.39M 7,286.08M
Operating cash flow 1,577.67M 925.64M 773.81M 1,113.61M 1,452.31M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 98.24M 106.30M 131.08M 127.00M 100.37M
Gross Profit 12.00M 17.88M 21.85M 20.68M 12.65M
Operating income 4.43M 8.92M 12.82M 11.29M 4.12M
Income before tax 4.11M 8.79M 12.54M 10.96M 3.97M
Net income 2.60M 5.95M 8.58M 7.48M 2.63M
EBITDA 7.84M 12.85M 16.61M 15.54M 8.32M
Diluted EPS 1.06 2.43 3.51 3.06 1.07
Dividends Per Share 0.41 0.46 0.67 0.67 0.68
Total Assets 91.57M 96.60M 111.75M 107.03M 100.57M
Total liabilities 45.18M 44.96M 49.96M 41.92M 33.08M
Total equity 46.38M 51.64M 61.88M 65.10M 67.49M
Operating cash flow 13.13M 8.54M 6.98M 10.04M 13.35M

Valuation Measures

Mar 2020
PER16.15
ROA2.52%
ROE3.94%
Operating margin4.10%
Profit margin2.62%

Key executives

  • President, Representative Director & Head-Sales: Michifumi Watanabe
  • Director, VP & Manager-Administration: Shigeki Watanabe
  • Director & Manager-Nakase Refinery: Takenori Wakabayashi
  • Manager-Accounting: Takafumi Matsuo
  • Auditor: Hiroharu Machida

Shareholders

  • Fukuda Metal Foil & Powder Co., Ltd. (16.8%)
  • Kawashima Co., Ltd. (9.2%)
  • Sanko Kikaku KK (Shizuoka) (9.2%)
  • Sanko KK /SHIZUOKA/ (9.2%)
  • Nihon Seiko Co., Ltd. (6.3%)
  • Sojitz Corp. (5.0%)
  • TAIYO KOKO Co., Ltd. (4.5%)
  • Fuji Kosan KK (3.3%)
  • Daiwa Asset Management Co. Ltd. (2.7%)
  • Shinwa Bussan Kaisha Ltd. (2.5%)

Contact Details

Related Companies

  • Nihon Seiko Shanghai Co. Ltd.
  • Nippon Atomized Metal Powders Corp.
  • Sumitomo Metal Mining Co. /Antimony Oxide Business/

Competitors

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