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Producer Manufacturing

Riken Corp.

Business Summary

Riken Corp. engages in the manufacture and sale of engine and vehicular components. It operates through the following segments: Automotive and Machinery Parts, and Others. The Automotive and Machinery Parts segment deals with the company's core products such as piston rings, camshafts, seal rings for transmissions, high-grade cast iron products, and valve lifters. The Others segment includes piping components, radio frequency anechoic chambers, and thermal engineering products such as heating wires and industrial furnaces. The company was founded by Masatoshi Okochi in November 1927 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue84,530M777.46M
Gross Profit18,412M169.34M
Operating income5,235M48.14M
Income before tax6,041M55.56M
Net income3,518M32.35M
EBITDA10,040M92.34M
Diluted EPS353.573.25
Dividends Per Share----
Total Assets107,920M999.67M
Total liabilities32,012M296.53M
Total equity70,178M650.06M
Operating cash flow8,254M75.91M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 73,292M 75,904M 87,583M 90,366M 84,530M
Gross Profit 18,766M 19,630M 22,284M 21,611M 18,412M
Operating income 5,579M 5,904M 7,442M 6,924M 5,235M
Income before tax 5,673M 5,726M 7,179M 7,412M 6,041M
Net income 3,524M 3,928M 4,386M 4,979M 3,518M
EBITDA 9,847M 10,121M 11,973M 11,654M 10,040M
Diluted EPS 357.50 397.69 443.20 501.86 353.57
Dividends Per Share 120 120 150 140 --
Total Assets 97,285M 103,463M 114,057M 111,670M 107,920M
Total liabilities 31,212M 32,118M 36,727M 34,415M 32,012M
Total equity 61,758M 66,709M 72,281M 71,808M 70,178M
Operating cash flow 7,353M 7,344M 8,267M 7,445M 8,254M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 610.33M 700.94M 790.22M 814.88M 777.46M
Gross Profit 156.27M 181.27M 201.06M 194.87M 169.34M
Operating income 46.45M 54.52M 67.14M 62.43M 48.14M
Income before tax 47.24M 52.87M 64.77M 66.83M 55.56M
Net income 29.34M 36.27M 39.57M 44.89M 32.35M
EBITDA 82.00M 93.46M 108.02M 105.09M 92.34M
Diluted EPS 2.97 3.67 3.99 4.52 3.25
Dividends Per Share 0.99 1.10 1.35 1.26 --
Total Assets 865.56M 928.50M 1,072.46M 1,008.89M 999.67M
Total liabilities 277.69M 288.23M 345.34M 310.92M 296.53M
Total equity 549.47M 598.66M 679.65M 648.76M 650.06M
Operating cash flow 61.23M 67.81M 74.59M 67.13M 75.91M

Valuation Measures

Mar 2020
PER7.76
ROA3.20%
ROE4.95%
Operating margin6.19%
Profit margin4.16%

Key executives

  • Chairman & Chief Executive Officer: Kaoru Ito
  • President, COO & Representative Director: Yasunori Maekawa
  • Representative Director & Chief Technology Officer: Kazuyoshi Takaki
  • Auditor: Akira Kunimoto
  • Director & Managing Executive Officer: Yutaka Sato

Shareholders

  • Nippon Value Investors KK (11.4%)
  • Riken Corp. (6.8%)
  • Mizuho Financial Group, Inc. (4.5%)
  • Nippon Life Insurance Co. (4.0%)
  • Hitachi Metals, Ltd. (3.3%)
  • Dimensional Fund Advisors LP (3.0%)
  • Daishi Hokuetsu Financial Group, Inc. (3.0%)
  • Sumitomo Mitsui Trust Holdings, Inc. (2.4%)
  • Nomura Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.0%)

Contact Details

  • Website:http://www.riken.co.jp
  • Address: Sanbancho Tokyu Building, 3/F, 8-1 Sanban-cho, Tokyo, 102-8202, Japan
  • Phone: +81.3.3230.3911

Related Companies

  • Riken Restricted Stock Compensation Plan
  • Riken Mexico SA de CV
  • PT Pakarti Riken Indonesia
  • Riken Precision Products (Suzhou) Co. Ltd.
  • Taiwan Riken Industrial Co. Ltd.
  • PT Riken of Asia
  • Euro-Riken GmbH
  • Riken Environmental System Co. Ltd.
  • Riken Castec Co. Ltd.
  • Kashiwazaki Piston Ring Co. Ltd.
  • Riken Trading Co. Ltd.
  • Yaesu Giken KK
  • Nihon Mekki Industry Co. Ltd.
  • Riken Kikai Co. Ltd.
  • RKE KK
  • Riken Corp. of America
  • Riken Pension Fund

Competitors

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