Non-Energy Minerals

Taiheiyo Cement Corp.

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See more articles on 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

JPY | USD

	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. (8.4%)
Nomura Asset Management Co., Ltd. (4.5%)
Taiheiyo Cement Corp. (3.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
T. Rowe Price International Ltd. (3.2%)
Asset Management One Co., Ltd. (2.7%)
The Vanguard Group, Inc. (2.4%)
T. Rowe Price Japan, Inc. (2.3%)
Dimensional Fund Advisors LP (2.2%)
Nikko Asset Management Co., Ltd. (1.9%)

Contact Details

Website:http://www.taiheiyo-cement.co.jp
Address: BUNKYO GARDEN GATE TOWER, 1-1-1 Koishikawa, Tokyo, 112-8503, Japan
Phone: +81.3.5801.0333

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Taiheiyo Cement Trust
Taiheiyo (Singapore) Pte Ltd.
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Kawara Kogyo KK
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Competitors

Cemex SAB de CV Cert Part Ord Repr 2 ShsA & 1 ShsB
Holcim Philippines, Inc.
Vicat-Ciments Vicat SA
Cemex Holdings Philippines, Inc.
Aboitiz Equity Ventures Inc.

Last Updated on 26 Jan, 2023