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Producer Manufacturing

Toho Titanium Co., Ltd.

Business Summary

Toho Titanium Co., Ltd. engages in the manufacture and sale of titanium metal products, catalysts for propylene polymerization, and electronic materials. It operates through the Titanium Metals and Functional Chemical Products segments. The Titanium Metals segment provides titanium sponges, ingots, high purity titanium, and titanium powder. The Functional Chemical Products segment includes propylene polymerization catalysts, nickel and titanium oxide. The company was founded on September 6, 1948 and is headquartered in Chigasaki, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue45,509M418.56M
Gross Profit10,171M93.54M
Operating income4,069M37.42M
Income before tax3,544M32.59M
Net income2,360M21.70M
EBITDA9,334M85.84M
Diluted EPS33.140.30
Dividends Per Share120.11
Total Assets87,526M810.76M
Total liabilities39,262M363.68M
Total equity48,129M445.82M
Operating cash flow7,953M73.14M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 43,424M 31,212M 37,255M 43,648M 45,509M
Gross Profit 8,662M 8,664M 9,448M 11,020M 10,171M
Operating income 3,890M 3,727M 3,930M 5,274M 4,069M
Income before tax 3,510M 3,834M 3,413M 5,306M 3,544M
Net income 4,233M 3,368M 3,394M 6,495M 2,360M
EBITDA 9,932M 9,276M 9,089M 10,251M 9,334M
Diluted EPS 59.47 47.30 47.68 91.24 33.14
Dividends Per Share 5 7 10 12 12
Total Assets 83,033M 83,439M 84,401M 88,085M 87,526M
Total liabilities 46,841M 44,282M 42,362M 40,353M 39,262M
Total equity 36,073M 39,034M 41,912M 47,602M 48,129M
Operating cash flow 12,945M 5,889M 6,394M 8,316M 7,953M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 361.61M 288.23M 336.13M 393.59M 418.56M
Gross Profit 72.13M 80.00M 85.24M 99.37M 93.54M
Operating income 32.39M 34.41M 35.45M 47.55M 37.42M
Income before tax 29.22M 35.40M 30.79M 47.84M 32.59M
Net income 35.25M 31.10M 30.62M 58.56M 21.70M
EBITDA 82.70M 85.66M 82.00M 92.43M 85.84M
Diluted EPS 0.49 0.43 0.43 0.82 0.30
Dividends Per Share 0.04 0.06 0.09 0.10 0.11
Total Assets 738.76M 748.80M 793.61M 795.81M 810.76M
Total liabilities 416.75M 397.39M 398.32M 364.57M 363.68M
Total equity 320.94M 350.30M 394.09M 430.06M 445.82M
Operating cash flow 107.79M 54.38M 57.69M 74.99M 73.14M

Valuation Measures

Mar 2020
PER19.52
ROA2.68%
ROE4.93%
Operating margin8.94%
Profit margin5.18%

Key executives

  • President & Representative Director: Yoshihiro Nishiyama
  • Director & General Manager-Technology: Hideki Fujii
  • Executive Officer: Fusahiro Nishiyama
  • Director & General Manager-Business Administration: Hiroshi Matsubara
  • Director & Senior Managing Executive Officer: Toshiji Matsuo

Shareholders

  • ENEOS Holdings, Inc. (50.3%)
  • NIPPON STEEL CORP. (4.9%)
  • Nomura Asset Management Co., Ltd. (1.3%)
  • The Vanguard Group, Inc. (1.2%)
  • Van Eck Associates Corp. (0.9%)
  • Dimensional Fund Advisors LP (0.8%)
  • TBF Global Asset Management GmbH (0.7%)
  • BlackRock Fund Advisors (0.6%)
  • Daiwa Asset Management Co. Ltd. (0.6%)
  • Nikko Asset Management Co., Ltd. (0.6%)

Contact Details

Related Companies

  • Toho Titanium America Co. Ltd.
  • Toho Titanium Europe Co. Ltd.
  • Toho Material Co., Ltd.
  • Tohotec KK

Competitors

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