Non-Energy Minerals Taiheiyo Cement Corp. Business Summary
Taiheiyo Cement Corp. engages in the manufacture and sale of cement. It operates through the following segments: Cement, Mineral Resources, Environmental Business, Construction Materials, and Others. The Cement segment manufactures cement and ready-mixed concrete. The Mineral Resources segment offers mined aggregates and limestone products. The Environmental Business segment deals with the waste recycling and desulfurization materials. The Construction Materials segment consists of concrete products, autoclaved lightweight aerated concrete, and chemicals. The Others segment engages in the business of real estate, engineering, data processing, finance, transportation, warehousing, and sports facilities. The company was founded on May 3, 1881 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2022
JPY USD Revenue 708,201M 6,302.25M Gross Profit 175,329M 1,560.24M Operating income 46,702M 415.59M Income before tax 42,820M 381.05M Net income 28,972M 257.82M EBITDA 102,766M 914.51M Diluted EPS 245.79 2.18 Dividends Per Share 70 0.62 Total Assets 1,103.00B 9,087.59M Total liabilities 558,203M 4,598.99M Total equity 510,618M 4,206.94M Operating cash flow 71,191M 633.52M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
871,113M
916,071M
884,350M
863,903M
708,201M
Gross Profit
203,620M
202,921M
194,940M
191,219M
175,329M
Operating income
64,100M
66,013M
61,009M
63,611M
46,702M
Income before tax
58,642M
59,174M
51,777M
65,105M
42,820M
Net income
38,526M
43,452M
39,151M
46,801M
28,972M
EBITDA
110,600M
110,511M
109,961M
116,347M
102,766M
Diluted EPS
311.39
351.72
319.88
387.78
245.79
Dividends Per Share
60
80
60
60
70
Total Assets
1,020.11B
1,034.42B
1,032.92B
1,044.22B
1,103.00B
Total liabilities
587,780M
583,779M
559,677M
537,401M
558,203M
Total equity
395,268M
414,710M
436,678M
470,922M
510,618M
Operating cash flow
107,683M
97,283M
90,902M
110,403M
71,191M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
7,859.73M
8,260.73M
8,133.76M
8,145.61M
6,302.25M
Gross Profit
1,837.18M
1,829.85M
1,792.95M
1,802.97M
1,560.24M
Operating income
578.35M
595.27M
561.12M
599.77M
415.59M
Income before tax
529.10M
533.60M
476.21M
613.86M
381.05M
Net income
347.60M
391.83M
360.08M
441.27M
257.82M
EBITDA
997.90M
996.54M
1,011.36M
1,097.01M
914.51M
Diluted EPS
2.80
3.17
2.94
3.65
2.18
Dividends Per Share
0.54
0.72
0.55
0.56
0.62
Total Assets
9,592.01M
9,345.69M
9,568.08M
9,450.01M
9,087.59M
Total liabilities
5,526.84M
5,274.23M
5,184.35M
4,863.35M
4,598.99M
Total equity
3,716.67M
3,746.75M
4,045.00M
4,261.73M
4,206.94M
Operating cash flow
971.58M
877.25M
836.06M
1,040.97M
633.52M
Valuation Measures
Mar 2022
PER 8.21 ROA 2.69% ROE 5.90% Operating margin 6.59% Profit margin 4.09%
Key executives
President & Representative Director:
Masafumi Fushihara
Group Leader-Finance & Accounting:
Hiroshi Suzuki
Representative Director & Vice President:
Yuichi Kitabayashi
Executive Officer & Manager-Cement Business Sales:
Naoyuki Kira
Executive Officer & Audit Manager:
Tetsuya Suemura Shareholders
Marathon Asset Management Ltd. (9.5%)
Nomura Asset Management Co., Ltd. (4.5%)
Taiheiyo Cement Corp. (4.1%)
Asset Management One Co., Ltd. (3.8%)
T. Rowe Price International Ltd. (3.2%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
The Vanguard Group, Inc. (2.3%)
T. Rowe Price Japan, Inc. (2.3%)
Nikko Asset Management Co., Ltd. (1.9%)
Daiwa Asset Management Co. Ltd. (1.8%)
Related Companies
Taiheiyo Cement Restricted Stock Compensation Plan
Kawai Industries Co. Ltd.
Taiheiyo Engineering Corp.
Tokyo Tama Ecocement, Inc.
Yuko Mining Co., Ltd.
Ryushin Mining Co., Ltd
Oita Taiheiyo Mining Corp.
Kansai Taiheiyo Minerals Corp.
Kansai Matech Co., Ltd.
Chichibu Mining Co., Ltd.
Sakura Concrete Products Corp.
Jidong Taiheiyo (Beijing) Environmental Engineering Co. Ltd.
TAIHEIYO International (Thailand) Co., Ltd.
Jiangnan Onoda Cement Co., Ltd.
Kalahari Dry (Thailand) Co., Ltd.
Shenzhen Haixing Onoda Cement Co. Ltd.
Hong Kong Nihon Cement Co. Ltd.
Shanghai Sanhang Onoda Cement Co., Ltd.
PNG-Taiheiyo Cement Ltd.
Taiheiyo Cement (China) Investment Co., Ltd.
Saigon - RDC Co., Ltd.
Taiheiyo Cement Trust
Taiheiyo (Singapore) Pte Ltd.
Kosyu Saiseki Co., Ltd.
Asano Concrete Co. Ltd.
Kawara Kogyo KK
Chichibu Shoko Sekiyu KK
Osaka Asano Concrete KK
Taiheiyo Soil Co. Ltd.
Oita Taiheiyo Kogyo KK
Competitors
Holcim Philippines, Inc.
Cemex SAB de CV Cert Part Ord Repr 2 ShsA & 1 ShsB
Vicat-Ciments Vicat SA
Cemex Holdings Philippines, Inc.
Aboitiz Equity Ventures Inc.
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 18 May, 2022
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