Electronic Technology

Topcon Corp.

In the news

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Market Scramble: Relief in Europe gives Japanese equities a lift May 12, 2017
Market Scramble: Electronics stocks with specialties shine, defy strong yen Jun 18, 2016
Market Scramble: Midcap growth stocks take center stage Jun 2, 2016
No guarantee of V-shaped recovery Dec 22, 2015

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	JPY	USD
Revenue	176,421M	1,569.96M
Gross Profit	86,970M	773.94M
Operating income	16,407M	146.00M
Income before tax	14,645M	130.32M
Net income	10,699M	95.20M
EBITDA	26,082M	232.10M
Diluted EPS	101.68	0.90
Dividends Per Share	36	0.32
Total Assets	184,983M	1,524.06M
Total liabilities	99,830M	822.49M
Total equity	83,559M	688.43M
Operating cash flow	20,527M	182.66M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	15.38
ROA	6.05%
ROE	13.98%
Operating margin	9.29%
Profit margin	6.06%

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

Shareholders

Baillie Gifford & Co. (5.4%)
Taiyo Pacific Partners LP (5.0%)
Asset Management One Co., Ltd. (4.0%)
Nissay Asset Management Corp. (3.8%)
Dai-ichi Life Holdings, Inc. (3.7%)
Nordea Investment Management AB (Denmark) (3.6%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
Nomura Asset Management Co., Ltd. (2.9%)
Topcon Corp. (2.7%)
The Vanguard Group, Inc. (2.5%)

Contact Details

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

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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.

Competitors

Huvitz Co., Ltd
Escalon Medical Corp.
Favite, Inc.
Ferreycorp SA

Last Updated on 16 Aug, 2022