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Electronic Technology

Ohara Inc.

Business Summary

Ohara Inc. engages in the manufacture and sale of glass materials for the electronics and optical industries. It operates through the Optical and Electronics segments. The Optical segment offers optical glass materials and lens for optical equipment. The Electronics segment provides glass substrate materials and glass products for semiconductor exposure apparatus, quartz glass for electronics, and low expansion glass ceramics. The company was founded by Jinpachi Ohara on October 1, 1935 and is headquartered in Sagamihara, Japan.

Financial Highlights

Oct 2019 JPYUSD
Revenue23,407.21M213.52M
Gross Profit6,963.14M63.51M
Operating income901.04M8.21M
Income before tax1,661.73M15.15M
Net income466.27M4.25M
EBITDA2,563.46M23.38M
Diluted EPS19.160.17
Dividends Per Share150.13
Total Assets55,036.08M509.09M
Total liabilities13,222.15M122.30M
Total equity41,813.92M386.78M
Operating cash flow1,927.73M17.58M
Currency in JPYCurrency in USD

Historical Data

 Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019
Revenue 22,820.28M 21,329.49M 24,628.76M 28,221.77M 23,407.21M
Gross Profit 5,392.10M 5,091.59M 7,184.39M 9,217.42M 6,963.14M
Operating income 538.29M 143.81M 1,715.29M 3,303.63M 901.04M
Income before tax 1,236.56M -84.37M 2,279.17M 3,705.73M 1,661.73M
Net income 545.50M -372.40M 1,513.66M 3,220.01M 466.27M
EBITDA 1,978.19M 1,738.28M 3,305.72M 4,880.87M 2,563.46M
Diluted EPS 22.43 -15.31 62.23 132.37 19.16
Dividends Per Share 15 10 20 30 15
Total Assets 55,130.05M 50,161.57M 54,433.71M 58,221.18M 55,036.08M
Total liabilities 13,607.29M 13,121.18M 13,228.80M 14,180.74M 13,222.15M
Total equity 41,522.76M 37,040.38M 41,204.90M 44,040.43M 41,813.92M
Operating cash flow 1,573.75M 1,447.12M 1,960.06M 3,016.92M 1,927.73M
 Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019
Revenue 189.58M 193.35M 219.84M 255.49M 213.52M
Gross Profit 44.79M 46.15M 64.12M 83.44M 63.51M
Operating income 4.47M 1.30M 15.31M 29.90M 8.21M
Income before tax 10.27M -0.76M 20.34M 33.54M 15.15M
Net income 4.53M -3.37M 13.51M 29.15M 4.25M
EBITDA 16.43M 15.75M 29.50M 44.18M 23.38M
Diluted EPS 0.18 -0.13 0.55 1.19 0.17
Dividends Per Share 0.12 0.09 0.17 0.27 0.13
Total Assets 456.84M 477.34M 479.04M 515.89M 509.09M
Total liabilities 112.75M 124.86M 116.42M 125.65M 122.30M
Total equity 344.08M 352.48M 362.62M 390.23M 386.78M
Operating cash flow 13.07M 13.11M 17.49M 27.31M 17.58M

Valuation Measures

Oct 2019
PER78.49
ROA0.82%
ROE1.08%
Operating margin3.84%
Profit margin1.99%

Key executives

  • President & Representative Director: Hirokazu Saito
  • Senior Executive Officer & Manager-Finance: Masatomo Suzuki
  • Senior Executive Officer: Keizo Kainuma
  • Director & Managing Executive Officer: Tetsuya Aoki
  • Director & Managing Executive Officer: Naoyuki Goto

Shareholders

  • Seiko Holdings Corp. (39.2%)
  • Canon, Inc. (18.4%)
  • Sanko Kigyo Co. (6.4%)
  • Ohara Inc. (4.0%)
  • Topcon Corp. (2.6%)
  • Olympus Corp. (1.5%)
  • Amundi Japan Ltd. (0.9%)
  • The Vanguard Group, Inc. (0.9%)
  • Nomura Asset Management Co., Ltd. (0.8%)
  • Norges Bank Investment Management (0.6%)

Contact Details

Related Companies

  • Ohara Employee Stock Ownership Plan
  • Ohara Board Incentive Plan
  • NHG-Ohara Optics (Xiangyang) Co. Ltd.
  • Ohara Optical (Zhongshan) Ltd.
  • Taiwan Ohara Optical Material Co. Ltd.
  • Ohara Optical (M) Sdn. Bhd.
  • Taiwan-Ohara Optical Co. Ltd.
  • Ohara GmbH
  • Ohara Optical Zhongshan Co. Ltd.
  • Ohara Corp. (New Jersey)
  • Ohara Quartz Co., Ltd.
  • Ohara Optical (Hong Kong) Ltd.

Competitors

  • Kinko Optical Co. Ltd.
Last Updated on 7 Aug, 2020

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