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Health 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 2020 JPYUSD
Revenue138,916M1,277.67M
Gross Profit70,187M645.54M
Operating income4,819M44.32M
Income before tax2,912M26.78M
Net income935M8.59M
EBITDA13,575M124.85M
Diluted EPS8.860.08
Dividends Per Share240.22
Total Assets161,721M1,498.04M
Total liabilities97,059M899.06M
Total equity63,160M585.05M
Operating cash flow7,944M73.06M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 130,735M 128,387M 145,558M 148,688M 138,916M
Gross Profit 63,475M 63,039M 72,772M 76,159M 70,187M
Operating income 8,803M 9,551M 12,074M 13,596M 4,819M
Income before tax 7,307M 7,651M 9,205M 6,478M 2,912M
Net income 4,197M 4,395M 6,027M 6,547M 935M
EBITDA 16,064M 16,662M 20,133M 21,724M 13,575M
Diluted EPS 38.97 41.46 56.85 61.74 8.86
Dividends Per Share 24 16 20 24 24
Total Assets 166,542M 158,280M 160,747M 160,288M 161,721M
Total liabilities 105,399M 94,963M 92,408M 89,136M 97,059M
Total equity 58,311M 59,717M 65,203M 69,085M 63,160M
Operating cash flow 4,180M 18,192M 14,541M 14,511M 7,944M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,088.69M 1,185.61M 1,313.31M 1,340.80M 1,277.67M
Gross Profit 528.58M 582.14M 656.59M 686.76M 645.54M
Operating income 73.30M 88.20M 108.93M 122.60M 44.32M
Income before tax 60.84M 70.65M 83.05M 58.41M 26.78M
Net income 34.95M 40.58M 54.37M 59.03M 8.59M
EBITDA 133.77M 153.86M 181.65M 195.89M 124.85M
Diluted EPS 0.32 0.38 0.51 0.55 0.08
Dividends Per Share 0.19 0.14 0.18 0.21 0.22
Total Assets 1,481.75M 1,420.44M 1,511.49M 1,448.14M 1,498.04M
Total liabilities 937.75M 852.22M 868.90M 805.31M 899.06M
Total equity 518.80M 535.91M 613.09M 624.15M 585.05M
Operating cash flow 34.80M 167.99M 131.19M 130.85M 73.06M

Valuation Measures

Mar 2020
PER90.48
ROA0.58%
ROE1.41%
Operating margin3.46%
Profit margin0.67%

Key executives

  • President, CEO & Representative Director: Satoshi Hirano
  • Director, Executive Officer & GM-Finance: Haruhiko Akiyama
  • Director, Managing Executive Officer, GM-R&D: Yasufumi Fukuma
  • Director & Executive Officer: Takayuki Yamazaki
  • Executive Officer, Deputy Manager-Legal & Head-HR: Reiko Watanabe

Shareholders

  • Baillie Gifford & Co. (8.8%)
  • Asset Management One Co., Ltd. (5.1%)
  • Dai-ichi Life Holdings, Inc. (4.0%)
  • Topcon Corp. (2.7%)
  • Taiyo Pacific Partners LP (2.7%)
  • The Vanguard Group, Inc. (2.7%)
  • Nordea Investment Management AB (Denmark) (2.6%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Rheos Capital Works, Inc. (Investment Management) (2.2%)
  • Taiyo Fund Management LLC (2.2%)

Contact Details

  • Website:http://www.topcon.co.jp
  • Address: 75-1 Hasunuma-cho, Itabashi-Ku, Tokyo, 174-8580, Japan
  • Phone: +81.3.3966.3141

Related Companies

  • Topcon Healthcare Solutions, Inc.
  • Topcon Australia Pty Ltd.
  • Mirage Technologies S.L.
  • 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.
  • Tokyo Optical Co. (Taiwan) Ltd
  • Topcon Positioning Canarias SL
  • Topcon Instruments (Thailand) Co. Ltd.
  • Topcon HK (BD) Ltd.
  • Tokyo Optical (Thailand) Co. Ltd.
  • Topcon Optical (Dongguan) Technology Ltd.
  • Topcon Positioning Middle East & Africa FZE
  • Topcon (Beijing) Opto-Electronics Development Corp.
  • Javad Navigation Systems, Inc.
  • Topcon Canada, Inc.
  • Topcon Positioning Systems (Aust) Pty Ltd.
  • Topcon Singapore Positioning Pte Ltd.

Competitors

  • Trimble Inc.
  • Huvitz Co., Ltd
  • AgJunction Inc.
  • IRIDEX Corporation
  • Escalon Medical Corp.
  • Ferreycorp SA
Last Updated on 13 Aug, 2020

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