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Process Industries

Shikibo Ltd.

Business Summary

Shikibo Ltd. is engages in the manufacture and sale of textile products and industrial materials. It operates through the following business divisions: Textile, Industrial Materials, Functional Materials, Real Estate Business; and Research and Development. The Textile division manages the manufacture and sale of yarn, cloth, knit, and secondary products. The Industrial Materials division supplies papermaking dryer fabrics and filter cloths as core products and contributes to the society in a wide variety of fields through its products. The Functional Materials division develops and produces composite material with high-functional fibers utilized. The Real Estate Business division engages in the construction and operation of shopping centers, condominiums, and others. The Research and Development division engages in the fiber, industrial materials, and functional material businesses. The company was founded on August 5, 1892 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue40,804M367.95M
Gross Profit8,218M74.10M
Operating income2,406M21.69M
Income before tax-982M-8.85M
Net income-1,425M-12.85M
EBITDA4,124M37.18M
Diluted EPS-132.01-1.19
Dividends Per Share400.36
Total Assets84,949M767.48M
Total liabilities52,485M474.18M
Total equity31,101M280.98M
Operating cash flow3,043M27.44M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 47,320M 45,676M 42,852M 41,357M 40,804M
Gross Profit 8,399M 8,906M 8,947M 8,504M 8,218M
Operating income 2,489M 3,100M 3,149M 2,764M 2,406M
Income before tax 1,899M 2,323M 2,606M 2,264M -982M
Net income 1,065M 1,296M 1,665M 1,500M -1,425M
EBITDA 4,323M 4,923M 4,976M 4,496M 4,124M
Diluted EPS 90.30 111.70 146.08 135.70 -132.01
Dividends Per Share 20 30 35 40 40
Total Assets 90,938M 89,029M 88,306M 87,343M 84,949M
Total liabilities 59,173M 56,458M 55,081M 53,341M 52,485M
Total equity 30,508M 31,257M 31,854M 32,643M 31,101M
Operating cash flow 2,206M 4,284M 3,412M 1,828M 3,043M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 430.74M 380.36M 395.72M 373.14M 367.95M
Gross Profit 76.45M 74.16M 82.62M 76.72M 74.10M
Operating income 22.65M 25.81M 29.07M 24.93M 21.69M
Income before tax 17.28M 19.34M 24.06M 20.42M -8.85M
Net income 9.69M 10.79M 15.37M 13.53M -12.85M
EBITDA 39.35M 40.99M 45.95M 40.56M 37.18M
Diluted EPS 0.82 0.93 1.34 1.22 -1.19
Dividends Per Share 0.18 0.24 0.32 0.36 0.36
Total Assets 758.29M 792.10M 792.47M 821.27M 767.48M
Total liabilities 493.41M 502.31M 494.31M 501.56M 474.18M
Total equity 254.39M 278.09M 285.86M 306.93M 280.98M
Operating cash flow 20.08M 35.67M 31.50M 16.49M 27.44M

Valuation Measures

Mar 2019
PER--
ROA-1.65%
ROE-4.47%
Operating margin5.89%
Profit margin-3.49%

Key executives

  • Executive President & Representative Director: Mikio Kiyohara
  • Manager-Technology Development & Sales I: Mutsuhito Suzuki
  • Manager-Business Administration: Masahiro Shirika
  • Managing Executive Officer: Yoshiyuki Omori
  • Senior Executive Officer & Fiber Manager: Mamoru Katou

Shareholders

  • Shikibo Ltd. (7.9%)
  • Shikibo Ltd. Employee Stock Ownership Plan (3.9%)
  • Dimensional Fund Advisors LP (3.9%)
  • Shikibo Ltd. Business Association (2.4%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Sekisui House, Ltd. (2.0%)
  • Tokio Marine Holdings, Inc. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.4%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (1.3%)
  • Nikko Asset Management Co., Ltd. (0.8%)

Contact Details

Related Companies

  • Shikibo Board Benefit Trust
  • PT Mermaid Textile Industry Indonesia
  • Shikibo (HK) Ltd.
  • Huzhou Shikibo Happiness Textiles Co., Ltd.
  • Shanghai Shikibo Home Textiles Co. Ltd.
  • Mermaid Sports KK
  • Shikibo Service KK
  • Shikibo Trading (Shanghai) Co. Ltd.
  • Shanghai Shikibo Garment Co., Ltd.
  • Shikishima Industrial Fabrics (Wuxi) Co., Ltd.
  • Shikibo Electronics Co., Ltd.
  • Mermaid Knit Co., Ltd.
  • Maru Home Textile Co. Ltd.
  • Shikishima Canvas Co., Ltd.
  • Shikibo Konan KK
  • Mermaid Apparel Co. Ltd.
  • Shikibo Ltd. Employee Stock Ownership Plan
  • Shikibo Ltd. Business Association
  • Shinnaigai Textile Ltd.

Competitors

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