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Consumer Durables

Ushio, Inc.

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 JPYUSD
Revenue148,821M1,324.35M
Gross Profit54,029M480.80M
Operating income13,069M116.30M
Income before tax15,762M140.26M
Net income12,606M112.18M
EBITDA20,171M179.50M
Diluted EPS104.530.93
Dividends Per Share500.44
Total Assets321,096M2,645.48M
Total liabilities85,891M707.64M
Total equity235,118M1,937.12M
Operating cash flow21,628M192.46M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 2018Mar 2019Mar 2020Mar 2021Mar 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
PER17.46
ROA4.12%
ROE5.65%
Operating margin8.78%
Profit margin8.47%

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. (7.3%)
  • 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. (2.5%)
  • 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

Related Companies

  • Sunsorit, Inc.
  • Ushio Board Member Incentive Plan
  • Dipl.-Ing. Reinhold Eggers GmbH
  • Ushio Philippines Properties,Inc.
  • Ushio Shenzhen, Inc.
  • Christie Digital Systems South America Ltda.
  • Ushio (Shaoguan) Co. Ltd.
  • Event Audio Visual Group, Inc.
  • Christie Digital Systems (Shanghai) Co. Ltd.
  • Christie Digital Systems (Hong Kong) Ltd.
  • Christie Digital Systems (India) Pvt Ltd.
  • Ushio Canada, Inc.
  • Ushio America Holdings, Inc.
  • Ushio Asia Pacific (Thailand) Ltd.
  • Taiwan Ushio Lighting, Inc.
  • USHIO Opto Semiconductors, Inc.
  • Ushio Shanghai, Inc.
  • Ushio (Suzhou) Co. Ltd.
  • 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 30 Sep, 2022

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