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Electronic Technology

Sumitomo Precision Products Co., Ltd.

Business Summary

Sumitomo Precision Products Co., Ltd. engages in the manufacture of aerospace equipment. It operates through the following segments: Aerospace-related, Heat Energy and Environmental-related, and ICT (Information and Communication Technology)-related. The Aerospace-related segment manages the production of propeller systems, landing gear systems, thermal control systems, pneumatic and air-conditioning systems, space equipment, and hydraulic pumps and valves. The Heat Energy and Environmental-related segment handles the production of liquefied natural gas vaporization equipment, aluminum plate fin heat exchangers, stainless steel or titanium heat exchangers, and ozone treatment systems. The ICT-related segment covers the production of micro-electromechanical systems (MEMS), semiconductor and liquid crystal manufacturing equipment, and gyro sensors. The company was founded in January 1961 and is headquartered in Amagasaki, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue41,459M390.91M
Gross Profit7,790M73.45M
Operating income-500M-4.71M
Income before tax-1,890M-17.82M
Net income-2,575M-24.27M
EBITDA1,657M15.62M
Diluted EPS-486.86-4.59
Dividends Per Share00
Total Assets82,561M747.15M
Total liabilities55,840M505.33M
Total equity26,239M237.45M
Operating cash flow1,882M17.74M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 48,096M 47,241M 48,990M 51,017M 41,459M
Gross Profit 9,930M 10,888M 12,109M 12,444M 7,790M
Operating income 731M 2,035M 2,391M 3,354M -500M
Income before tax -1,039M 1,440M -3,074M 3,291M -1,890M
Net income -1,487M 501M -2,359M 1,002M -2,575M
EBITDA 3,479M 4,340M 4,362M 5,502M 1,657M
Diluted EPS -281.12 94.65 -445.95 189.37 -486.86
Dividends Per Share 50 50 25 0 0
Total Assets 77,811M 80,133M 83,678M 77,485M 82,561M
Total liabilities 45,455M 46,481M 55,050M 48,845M 55,840M
Total equity 31,495M 32,547M 27,456M 27,467M 26,239M
Operating cash flow 6,034M 5,176M 3,700M 1,275M 1,882M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 444.15M 426.23M 441.77M 469.22M 390.91M
Gross Profit 91.70M 98.23M 109.19M 114.45M 73.45M
Operating income 6.75M 18.36M 21.56M 30.84M -4.71M
Income before tax -9.59M 12.99M -27.71M 30.26M -17.82M
Net income -13.73M 4.52M -21.27M 9.21M -24.27M
EBITDA 32.12M 39.15M 39.33M 50.60M 15.62M
Diluted EPS -2.59 0.85 -4.02 1.74 -4.59
Dividends Per Share 0.46 0.45 0.22 0 0
Total Assets 698.29M 753.48M 756.00M 717.75M 747.15M
Total liabilities 407.92M 437.05M 497.35M 452.45M 505.33M
Total equity 282.64M 306.03M 248.05M 254.43M 237.45M
Operating cash flow 55.72M 46.70M 33.36M 11.72M 17.74M

Valuation Measures

Mar 2021
PER--
ROA-3.21%
ROE-9.58%
Operating margin-1.20%
Profit margin-6.21%

Key executives

  • Executive President & Representative Director: Hideaki Takahashi
  • Director & Manager-Corporate Technology: Toshihiro Hayami
  • Administration Manager: Shogo Ishimaru
  • Director & Senior Managing Executive Officer: Kenro Itakura
  • Representative Director: Masatoshi Deguchi

Shareholders

  • Sumitomo Corp. (27.4%)
  • NIPPON STEEL CORP. (14.3%)
  • Sumitomo Precision Products Business Association (2.4%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • Dimensional Fund Advisors LP (1.3%)
  • YAMAMOTO KAZUHIRO /KOBE/ (1.1%)
  • Sumitomo Mitsui Financial Group, Inc. (1.0%)
  • Kuwait Investment Authority (Investment Management) (0.8%)
  • Nikko Asset Management Co., Ltd. (0.8%)
  • Daiwa Asset Management Co. Ltd. (0.7%)

Contact Details

Related Companies

  • Jusei Hydro System Co. Ltd.
  • Sumitomo Precision Shanghai Co. Ltd.
  • AvioCast, Inc.
  • SPP Technologies Co., Ltd.
  • ANA Comp Technics Co., Ltd. /Aircraft Landing Gear Bus/
  • SPP Canada Aircraft, Inc.
  • Sumiseisangyo KK
  • Met Co. Ltd.
  • Sumitomo Precision USA, Inc.
  • Sumitomo Precision Products Business Association

Competitors

  • TAT Technologies Ltd.
Last Updated on 15 Oct, 2021

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