Consumer Durables

Nishimatsu Construction Co., Ltd.

Business Summary

Nishimatsu Construction Co., Ltd. engages in the provision of general contracting services. It operates through the following segments: Civil Engineering, Building Construction, and Development and Real Estate. The Civil Engineering segment handles contract for civil engineering works. The Building Construction segment manages contract for architecture construction projects. The Development and Real Estate segment deals with the lease and sale of real estate and materials. The company was founded by Keisuke Nishimatsu in 1874 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	339,757M	2,507.10M
Gross Profit	33,720M	248.82M
Operating income	12,621M	93.13M
Income before tax	13,595M	100.31M
Net income	9,649M	71.20M
EBITDA	16,595M	122.45M
Diluted EPS	244.42	1.80
Dividends Per Share	221	1.63
Total Assets	513,623M	3,859.21M
Total liabilities	357,470M	2,685.92M
Total equity	148,842M	1,118.35M
Operating cash flow	34,747M	256.40M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	349,318M	391,621M	336,241M	323,754M	339,757M
Gross Profit	43,423M	43,938M	39,762M	43,773M	33,720M
Operating income	24,930M	25,318M	20,952M	23,690M	12,621M
Income before tax	26,916M	25,435M	23,998M	22,696M	13,595M
Net income	18,784M	18,722M	17,166M	15,102M	9,649M
EBITDA	27,139M	27,935M	24,302M	27,422M	16,595M
Diluted EPS	343.38	342.23	313.82	312.33	244.42
Dividends Per Share	105	105	105	221	221
Total Assets	466,327M	497,045M	472,440M	477,613M	513,623M
Total liabilities	266,992M	297,754M	264,900M	319,894M	357,470M
Total equity	197,238M	196,872M	205,983M	151,328M	148,842M
Operating cash flow	-15,882M	14,120M	4,907M	41,243M	34,747M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	3,149.99M	3,601.91M	3,170.36M	2,881.07M	2,507.10M
Gross Profit	391.56M	404.11M	374.91M	389.53M	248.82M
Operating income	224.80M	232.86M	197.55M	210.81M	93.13M
Income before tax	242.71M	233.93M	226.27M	201.97M	100.31M
Net income	169.38M	172.19M	161.85M	134.39M	71.20M
EBITDA	244.72M	256.93M	229.14M	244.02M	122.45M
Diluted EPS	3.09	3.14	2.95	2.77	1.80
Dividends Per Share	0.94	0.96	0.99	1.96	1.63
Total Assets	4,213.10M	4,604.18M	4,275.47M	3,935.01M	3,859.21M
Total liabilities	2,412.17M	2,758.13M	2,397.28M	2,635.58M	2,685.92M
Total equity	1,781.97M	1,823.64M	1,864.09M	1,246.78M	1,118.35M
Operating cash flow	-143.21M	129.86M	46.26M	367.01M	256.40M

Valuation Measures

Mar 2023
PER	14.01
ROA	1.94%
ROE	6.42%
Operating margin	3.71%
Profit margin	2.83%

Key executives

President & Representative Director: Nobutoshi Takase
Executive Officer, Manager-Technology & Research: Koji Ishiyama
Executive Officer & Manager-Compliance Promotions: Hisatsugu Torii
Representative Director, EVP & GM-Administration: Yuichi Kono
Representative Director & Executive Vice President: Makoto Isshiki

Shareholders

Nishimatsu Construction Co., Ltd. (28.5%)
ITOCHU Corp. (7.2%)
Asset Management One Co., Ltd. (3.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
Mizuho Financial Group, Inc. (2.1%)
Nomura Asset Management Co., Ltd. (1.9%)
Meiji Yasuda Life Insurance Co. (1.6%)
Nishimatsu Construction Employee Stock Ownership Plan (1.5%)
Dimensional Fund Advisors LP (1.4%)
The Vanguard Group, Inc. (1.3%)

Contact Details

Website:http://www.nishimatsu.co.jp
Address: Toranomon Hills Business Tower, 1-17-1 Toranomon, Tokyo, 105-0001, Japan
Phone: +81.3.3502.0232

Related Companies

Waita Green Energy Geothermal Power Plant
Nishimatsu Construction Board Incentive Plan
Nishimatsu Construction Co., Ltd. (Malaysia)
Sangenjaya Ichigo Co., Ltd.
Hanoi PH Investment Pte Ltd.
Nishimatsu Real Estate & Development (Asia) Pte Ltd.
Nishimatsu Investment Co., Ltd.
Sci Tech Farm Co., Ltd.
Nishimatsu Jisho Co., Ltd.
Nishimatsu Vietnam Co. Ltd.
Nishimatsu Construction Co. Ltd. (Yangon)
Nishimatsu Construction Co. Ltd. (Philippines )
Nishimatsu Construction Co. Ltd. (Singapore)
Nishimatsu Construction Co. Ltd. (Vietnam)
Nishimatsu Construction Co. Ltd. (Hong Kong)
Nishimatsu Construction Trust
Nishimatsu Construction Co. Ltd. (Ireland)
Fan Ling Machine & Mechanical Centre
Nishimatsu Building Service Co., Ltd.
Conkemu KK
Shoei Real Estate Co. Ltd.
Yoshitomi Co., Ltd.
Nishimatsu Construction Pension Fund
Nishimatsu Construction Employee Stock Ownership Plan

Competitors

Last Updated on 30 May, 2023