Consumer Durables

Ushio, Inc.

In the news

UV sanitizer lamp zaps viruses but not skin, maker says May 23, 2020
Projected forex rates impact Japan exporters' share prices Jun 17, 2016
Lamp maker Ushio looks to extend stock buybacks Jun 16, 2016

Business Summary

Ushio, Inc. engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others. The company was founded in March 1964 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	148,821M	1,324.35M
Gross Profit	54,029M	480.80M
Operating income	13,069M	116.30M
Income before tax	15,762M	140.26M
Net income	12,606M	112.18M
EBITDA	20,171M	179.50M
Diluted EPS	104.53	0.93
Dividends Per Share	50	0.44
Total Assets	321,096M	2,645.48M
Total liabilities	85,891M	707.64M
Total equity	235,118M	1,937.12M
Operating cash flow	21,628M	192.46M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	173,497M	165,138M	159,009M	118,558M	148,821M
Gross Profit	62,147M	58,527M	53,429M	39,839M	54,029M
Operating income	10,152M	8,519M	6,477M	765M	13,069M
Income before tax	21,437M	20,390M	12,984M	130M	15,762M
Net income	11,001M	11,325M	8,967M	-687M	12,606M
EBITDA	18,269M	16,429M	14,295M	8,112M	20,171M
Diluted EPS	86.10	88.85	73.24	-5.69	104.53
Dividends Per Share	26	50	26	26	50
Total Assets	305,303M	306,628M	274,904M	290,275M	321,096M
Total liabilities	89,993M	93,370M	74,194M	79,091M	85,891M
Total equity	215,077M	213,102M	200,616M	211,103M	235,118M
Operating cash flow	15,567M	8,853M	1,179M	14,517M	21,628M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,565.39M	1,489.14M	1,462.47M	1,117.86M	1,324.35M
Gross Profit	560.72M	527.77M	491.41M	375.63M	480.80M
Operating income	91.59M	76.82M	59.57M	7.21M	116.30M
Income before tax	193.41M	183.86M	119.41M	1.22M	140.26M
Net income	99.25M	102.12M	82.47M	-6.47M	112.18M
EBITDA	164.83M	148.14M	131.47M	76.48M	179.50M
Diluted EPS	0.77	0.80	0.67	-0.05	0.93
Dividends Per Share	0.23	0.45	0.23	0.24	0.44
Total Assets	2,870.73M	2,770.27M	2,546.46M	2,626.92M	2,645.48M
Total liabilities	846.19M	843.56M	687.26M	715.75M	707.64M
Total equity	2,022.35M	1,925.30M	1,858.32M	1,910.43M	1,937.12M
Operating cash flow	140.45M	79.83M	10.84M	136.87M	192.46M

Valuation Measures

Mar 2022
PER	17.46
ROA	4.12%
ROE	5.65%
Operating margin	8.78%
Profit margin	8.47%

Key executives

Executive President & Representative Director: Koji Naito
Representative Director & Senior GM-Operations: Naoki Kawamura
Manager-Finance & Accounting: Hideaki Takizawa
Director & Group Senior Executive Officer: Kazuhisa Kamiyama

Shareholders

Ushio, Inc. (6.8%)
Resona Holdings, Inc. (4.7%)
Mitsubishi UFJ Financial Group, Inc. (3.3%)
MS&AD Insurance Group Holdings, Inc. (3.3%)
FIL Investment Advisors (UK) Ltd. (2.7%)
Nomura Asset Management Co., Ltd. (2.4%)
The Vanguard Group, Inc. (2.1%)
USHIO JIRO (2.0%)
Asahi Mutual Life Insurance Co. (1.9%)
Norges Bank Investment Management (1.9%)

Contact Details

Website:http://www.ushio.co.jp
Address: Marunouchi Kitaguchi Building, 1-6-5 Marunouchi, Tokyo, 100-8150, Japan
Phone: +81.3.5657.1000

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Ushio America Holdings, Inc.
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USHIO Opto Semiconductors, Inc.
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Christie Digital Systems USA, Inc.
Ushio Pension Fund
Gunma Ushio Electric, Inc.
Ushio Asia Pacific Pte Ltd.
Ushio Taiwan, Inc.
Tsukuba Ushio Electric, Inc.
Ushio France SARL
Christie Digital Systems Canada, Inc.
Ushio International BV
Ushio Europe BV
Xebex, Inc.
BLV Licht- & Vakuumtechnik GmbH

Competitors

OSRAM Licht AG
Ballantyne Strong, Inc.
SUESS MicroTec SE
Onto Innovation, Inc.
Cinedigm Corp

Last Updated on 16 Aug, 2022