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Process Industries

Rengo Co., Ltd.

Business Summary

Rengo Co., Ltd. engages in the manufacture and sales of packaging materials and equipment. It operates through the following business segments: Paperboard and Packaging-Related Business, Flexible Packaging-Related Business, Heavy Duty Packaging-Related Business, Overseas Business, and Others. The Paperboard and Packaging-Related Business segment manufactures and sells paperboard, corrugated board, and corrugated containers. The Flexible Packaging-Related Business segment manufactures and sells of flexible packaging and cellophane. The Heavy Duty Packaging-Related Business segment manufactures and sells heavy duty packaging products. The Overseas Business handles overseas operations of the paperboard, corrugated boxes, flexible packaging, and heavy duty packaging products. The Others segment manufactures and sells nonwoven products, paper packaging machinery, printing paper, and other businesses that includes transport, insurance agency, leasing, and real estate. The company was founded by Teijiro Inoue on April 12, 1909 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue653,107M5,889.43M
Gross Profit109,722M989.42M
Operating income25,294M228.09M
Income before tax25,075M226.11M
Net income17,164M154.77M
EBITDA59,029M532.29M
Diluted EPS69.320.62
Dividends Per Share140.12
Total Assets769,471M6,951.90M
Total liabilities494,772M4,470.09M
Total equity263,948M2,384.67M
Operating cash flow50,857M458.60M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 522,671M 532,534M 545,489M 605,712M 653,107M
Gross Profit 74,723M 85,895M 97,381M 98,058M 109,722M
Operating income 5,567M 15,727M 23,643M 17,083M 25,294M
Income before tax 12,081M 16,268M 24,186M 23,366M 25,075M
Net income 5,718M 9,816M 13,876M 16,622M 17,164M
EBITDA 36,883M 46,454M 54,373M 49,511M 59,029M
Diluted EPS 23.09 39.64 56.04 67.13 69.32
Dividends Per Share 12 12 12 12 14
Total Assets 655,674M 644,690M 705,045M 747,872M 769,471M
Total liabilities 433,284M 422,957M 463,532M 485,289M 494,772M
Total equity 216,353M 215,962M 234,242M 255,015M 263,948M
Operating cash flow 19,408M 50,559M 42,004M 31,249M 50,857M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,757.76M 4,434.66M 5,037.41M 5,465.11M 5,889.43M
Gross Profit 680.18M 715.28M 899.28M 884.74M 989.42M
Operating income 50.67M 130.96M 218.33M 154.13M 228.09M
Income before tax 109.97M 135.47M 223.34M 210.82M 226.11M
Net income 52.04M 81.74M 128.14M 149.97M 154.77M
EBITDA 335.73M 386.84M 502.11M 446.71M 532.29M
Diluted EPS 0.21 0.33 0.51 0.60 0.62
Dividends Per Share 0.10 0.09 0.11 0.10 0.12
Total Assets 5,467.36M 5,735.93M 6,327.24M 7,032.17M 6,951.90M
Total liabilities 3,612.95M 3,763.12M 4,159.84M 4,563.13M 4,470.09M
Total equity 1,804.06M 1,921.45M 2,102.14M 2,397.88M 2,384.67M
Operating cash flow 176.66M 421.02M 387.89M 281.94M 458.60M

Valuation Measures

Mar 2019
PER14.97
ROA2.26%
ROE6.61%
Operating margin3.87%
Profit margin2.62%

Key executives

  • Chairman, President & Chief Executive Officer: Kiyoshi Otsubo
  • Director & Head-Information Systems: Yosuke Kawamoto
  • Representative Director & Executive Vice President: Moriaki Maeda
  • Representative Director & Executive Vice President: Ichiro Hasegawa
  • Director & Executive Officer: Takeshi Hosokawa

Shareholders

  • Rengo Co., Ltd. (8.6%)
  • Asset Management One Co., Ltd. (4.8%)
  • Sumitomo Mitsui Financial Group, Inc. (3.5%)
  • Sumitomo Life Insurance Co. (2.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.3%)
  • MS&AD Insurance Group Holdings, Inc. (2.3%)
  • Rheos Capital Works, Inc. (Investment Management) (2.2%)
  • Japan Agricultural Cooperatives Group (2.2%)
  • The Vanguard Group, Inc. (2.0%)
  • Sumitomo Corp. (1.9%)

Contact Details

  • Website:http://www.rengo.co.jp
  • Address: Nakanoshima Central Tower, 2-2-7 Nakanoshima, Osaka, 530-0005, Japan
  • Phone: +81.6.6223.2371

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Competitors

    Last Updated on 19 Nov, 2019

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