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Electronic Technology

Topcon Corp.

Business Summary

Topcon Corp. engages in the manufacture and sale of optical and digital technological products. It operates through the following business segments: Smart Infrastructure, Positioning Company, Eye Care, and Others. The Smart Infrastructure segment provides positioning and surveying instruments including Total station, Layout navigator, Mobile mapping, 3D Laser scanner, Field controller, Level, Theodolite, Rotating laser, and Pipe laser. The Positioning Company segment provides solutions for the geospatial, construction, agricultural, and mapping industries using global positioning system, optical, scanning, and machine control technologies. The Eye Care segment offers ophthalmic instruments and systems for eye examination, measurement, diagnosis, treatment, and eyeglass lens processing. The Others segment includes precision measurement and photo devices. The company was founded on September 1, 1932 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit86,970M773.94M
Operating income16,407M146.00M
Income before tax14,645M130.32M
Net income10,699M95.20M
Diluted EPS101.680.90
Dividends Per Share360.32
Total Assets184,983M1,524.06M
Total liabilities99,830M822.49M
Total equity83,559M688.43M
Operating cash flow20,527M182.66M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 145,558M 148,688M 138,916M 137,247M 176,421M
Gross Profit 72,772M 76,159M 70,187M 65,876M 86,970M
Operating income 12,074M 13,596M 4,819M 6,595M 16,407M
Income before tax 9,205M 6,478M 2,912M 4,919M 14,645M
Net income 6,027M 6,547M 935M 2,376M 10,699M
EBITDA 20,133M 21,724M 13,575M 15,869M 26,082M
Diluted EPS 56.85 61.74 8.86 22.58 101.68
Dividends Per Share 20 24 24 10 36
Total Assets 160,747M 160,288M 161,721M 168,210M 184,983M
Total liabilities 92,408M 89,136M 97,059M 97,520M 99,830M
Total equity 65,203M 69,085M 63,160M 69,418M 83,559M
Operating cash flow 14,541M 14,511M 7,944M 19,439M 20,527M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,313.31M 1,340.80M 1,277.67M 1,294.08M 1,569.96M
Gross Profit 656.59M 686.76M 645.54M 621.13M 773.94M
Operating income 108.93M 122.60M 44.32M 62.18M 146.00M
Income before tax 83.05M 58.41M 26.78M 46.38M 130.32M
Net income 54.37M 59.03M 8.59M 22.40M 95.20M
EBITDA 181.65M 195.89M 124.85M 149.62M 232.10M
Diluted EPS 0.51 0.55 0.08 0.21 0.90
Dividends Per Share 0.18 0.21 0.22 0.09 0.32
Total Assets 1,511.49M 1,448.14M 1,498.04M 1,522.26M 1,524.06M
Total liabilities 868.90M 805.31M 899.06M 882.53M 822.49M
Total equity 613.09M 624.15M 585.05M 628.21M 688.43M
Operating cash flow 131.19M 130.85M 73.06M 183.28M 182.66M

Valuation Measures

Mar 2022
Operating margin9.29%
Profit margin6.06%

Key executives

  • President, CEO & Representative Director: Satoshi Hirano
  • Director Managing Executive Officer & GM-Finance: Haruhiko Akiyama
  • Managing Executive Officer, GM-R&D: Yasufumi Fukuma
  • Director, Managing Executive Officer, GM-R&D: Takayuki Yamazaki
  • Director & General Manager-Technology: Kaoru Kumagai


  • Baillie Gifford & Co. (5.4%)
  • Taiyo Pacific Partners LP (5.0%)
  • Asset Management One Co., Ltd. (4.0%)
  • Dai-ichi Life Holdings, Inc. (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • Nordea Investment Management AB (Denmark) (2.9%)
  • Nomura Asset Management Co., Ltd. (2.9%)
  • Nissay Asset Management Corp. (2.8%)
  • Topcon Corp. (2.7%)
  • The Vanguard Group, Inc. (2.5%)

Contact Details

  • Website:
  • Address: 75-1 Hasunuma-cho, Itabashi-Ku, Tokyo, 174-8580, Japan
  • Phone: +81.3.3966.3141

Related Companies

  • Topcon Restricted Stock Compensation Plan
  • Enhanlabo Ltd. /Wearable Device Bus/
  • Topcon (Beijing) Medical Technology Co., Ltd.
  • Topcon Positioning (Asia) Malaysia Sdn. Bhd.
  • Topcon Positioning France SAS
  • Topcon Positioning Belgium BVBA
  • Topcon Healthcare Solutions Australia Pty Ltd.
  • Topcon Healthcare Solutions Asia Pacific Pte Ltd.
  • Topcon Positioning Asia Co., Ltd.
  • Topcon Sokkia Positioning Japan Co., Ltd.
  • Topcon Positioning Italy Srl
  • Topcon Technology Ltd.
  • Topcon Healthcare Solutions, Inc.
  • Topcon Australia Pty Ltd.
  • Topcon Mirage Technologies SL
  • Mehra Eyetech Pvt Ltd.
  • Tokyo Megane Pte Ltd.
  • Topcon Positioning Systems
  • Topcon Deutschland Positioning GmbH
  • Topcon Positioning Spain SLU
  • TPS Australia Holdings Pty Ltd.
  • Tokyo Megane Malaysia Sdn. Bhd.
  • KEE Technologies Africa (Pty) Ltd.
  • Topcon InfoMobility SRL
  • New England Positioning Systems LLC
  • Tokyo Optical Company (Hong Kong) Ltd.
  • Tierra SpA
  • Topcon Positioning Portugal Lda.
  • Topcon Instruments (Malaysia) Sdn. Bhd.
  • Blackmore Distribution Co., Inc.


  • Huvitz Co., Ltd
  • Escalon Medical Corp.
  • Favite, Inc.
  • Ferreycorp SA
Last Updated on 4 Oct, 2022

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