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Producer Manufacturing

Nippon Denko Co., Ltd.

Business Summary

Nippon Denko Co., Ltd. engages in the manufacture and sale of ferroalloys and functional materials. It operates through the following segments: Ferroalloys Business, Functional Materials Business, Environment Business, Electric Power Business, and Others. The Ferroalloys Business segment produces ferromanganese, silico-manganese, ferrochrome, ferrosilicon, ferrovanadium, and other special metal products. The Functional Materials Business segment provides ferroboron, metallic chromium and chromium carbide, zirconium oxide, and lithium-ion secondary batteries. The Environmental Business segment deals with chromic acid, boron, and nickel recovery systems as well as water business. The Electric Power Business supplies electrical power. The Other segment includes metal products, precious metal compounds, aluminum grains, electrode paste, measurement equipment, plastic, concrete waste processing, and hydropower supply. The company was founded in October 1925 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue54,004M505.80M
Gross Profit10,615M99.42M
Operating income5,436M50.91M
Income before tax2,388M22.36M
Net income2,616M24.50M
EBITDA7,260M67.99M
Diluted EPS17.820.16
Dividends Per Share50.04
Total Assets86,171M834.62M
Total liabilities29,739M288.04M
Total equity56,367M545.95M
Operating cash flow10,351M96.94M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 58,486M 71,346M 73,944M 70,477M 54,004M
Gross Profit 8,025M 15,843M 8,304M 280M 10,615M
Operating income 1,717M 9,640M 1,701M -5,573M 5,436M
Income before tax -271M 8,149M 3,195M -14,363M 2,388M
Net income -115M 7,988M 2,351M -14,240M 2,616M
EBITDA 3,255M 11,073M 3,422M -3,136M 7,260M
Diluted EPS -0.79 54.55 16.06 -97.19 17.82
Dividends Per Share 5 13 5 0 5
Total Assets 84,563M 98,447M 99,786M 85,224M 86,171M
Total liabilities 23,148M 27,642M 30,713M 30,954M 29,739M
Total equity 61,233M 70,703M 69,010M 54,207M 56,367M
Operating cash flow 14,485M -1,510M 1,138M 2,890M 10,351M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 538.25M 636.25M 669.52M 646.51M 505.80M
Gross Profit 73.85M 141.28M 75.18M 2.56M 99.42M
Operating income 15.80M 85.96M 15.40M -51.12M 50.91M
Income before tax -2.49M 72.67M 28.92M -131.75M 22.36M
Net income -1.05M 71.23M 21.28M -130.62M 24.50M
EBITDA 29.95M 98.74M 30.98M -28.76M 67.99M
Diluted EPS -0.00 0.48 0.14 -0.89 0.16
Dividends Per Share 0.04 0.11 0.04 0 0.04
Total Assets 725.02M 873.91M 909.50M 784.20M 834.62M
Total liabilities 198.46M 245.37M 279.93M 284.83M 288.04M
Total equity 524.99M 627.63M 628.99M 498.79M 545.95M
Operating cash flow 133.30M -13.46M 10.30M 26.51M 96.94M

Valuation Measures

Dec 2020
PER16.77
ROA3.05%
ROE4.73%
Operating margin10.06%
Profit margin4.84%

Key executives

  • President & Representative Director: Yasushi Aoki
  • Executive Officer & Manager-General Affairs: Tadashi Ue
  • Director, Head-Osaka Sales & Accounting: Takayuki Koshimura
  • Director & Head-Functional Material Sales: Takashi Tanioku
  • Managing Executive Officer & Head-Personnel: Ryuichiro Koseki

Shareholders

  • NIPPON STEEL CORP. (20.6%)
  • Nomura Asset Management Co., Ltd. (3.9%)
  • Mizuho Financial Group, Inc. (3.5%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • The Vanguard Group, Inc. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.4%)
  • Nittetsu Mining Co., Ltd. (1.4%)
  • Nippon Denko Business Association (1.3%)
  • Dimensional Fund Advisors LP (1.2%)
  • Nikko Asset Management Co., Ltd. (1.2%)

Contact Details

  • Website:http://www.nippondenko.co.jp
  • Address: Tokyo Tatemono Yaesu Building, 4/F, 1-4-16 Yaesu, Tokyo, 103-8282, Japan
  • Phone: +81.3.6860.6800

Related Companies

  • Nippon Denko Pension Fund
  • Nippon Denko Restricted Stock Compensation Plan
  • Nippon Denko Business Association
  • ND Recycle Co., Ltd.
  • Kyoei Mercantile Co. Ltd.
  • Kuriyama Kosan Co. Ltd.
  • Nichiden Tokushima KK
  • Riken Kogyo Co. Ltd.
  • Denko Kosan Co. Ltd.
  • Japan Metals & Chemicals Co. Ltd. /Lithium Manganese Ops/
  • Riken Kogyo Co.
  • Chuo Denki Kogyo Co., Ltd.

Competitors

  • Mechema Chemicals International Corp.
  • Compania Minera Autlan SA de CV Class B
Last Updated on 16 Apr, 2021

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