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Utilities

West Holdings Corp.

Business Summary

West Holdings Corp. engages in the solar power generation business. It operates through the following segments: Renewable Energy, Energy Saving, Electric Power, and Maintenance. The Renewable Energy segment deals with public and industrial solar power generation systems as well as environmental reforms. The Energy Saving segment handles the construction and sale of roof, exterior wall, and earthquake-proof materials. The Electric Power segment engages in power generation business using solar power systems. The Maintenance segment provides comprehensive management and maintenance of solar power generation systems and related facilities. The company was founded in October 1981 and is headquartered in Hiroshima, Japan.

Financial Highlights

Aug 2019 JPYUSD
Revenue63,904M578.84M
Gross Profit12,491M113.14M
Operating income5,873M53.19M
Income before tax5,350M48.46M
Net income3,632M32.89M
EBITDA7,421M67.22M
Diluted EPS144.601.30
Dividends Per Share450.40
Total Assets82,162M774.05M
Total liabilities64,577M608.38M
Total equity17,569M165.51M
Operating cash flow-7,436M-67.35M
Currency in JPYCurrency in USD

Historical Data

 Aug 2015Aug 2016Aug 2017Aug 2018Aug 2019
Revenue 46,346.34M 36,997M 32,753M 52,509M 63,904M
Gross Profit 12,774.16M 11,554M 9,089M 11,856M 12,491M
Operating income 5,940.19M 4,985M 2,686M 4,987M 5,873M
Income before tax 5,264.76M 4,653M 2,296M 4,526M 5,350M
Net income 3,408.23M 2,687M 1,508M 2,667M 3,632M
EBITDA 6,261.29M 5,587M 4,206M 6,646M 7,421M
Diluted EPS 127.06 102.97 59.57 105.43 144.60
Dividends Per Share 35 35 30 35 45
Total Assets 50,076.59M 57,658M 64,483M 73,796M 82,162M
Total liabilities 37,394.66M 44,282M 50,701M 57,865M 64,577M
Total equity 12,679.75M 13,358M 14,008M 15,914M 17,569M
Operating cash flow 5,385.97M 4,841M -1,448M 5,225M -7,436M
 Aug 2015Aug 2016Aug 2017Aug 2018Aug 2019
Revenue 392.12M 326.79M 296.32M 475.77M 578.84M
Gross Profit 108.07M 102.05M 82.23M 107.42M 113.14M
Operating income 50.25M 44.03M 24.30M 45.18M 53.19M
Income before tax 44.54M 41.10M 20.77M 41.00M 48.46M
Net income 28.83M 23.73M 13.64M 24.16M 32.89M
EBITDA 52.97M 49.35M 38.05M 60.21M 67.22M
Diluted EPS 1.07 0.90 0.53 0.95 1.30
Dividends Per Share 0.29 0.30 0.27 0.31 0.40
Total Assets 413.22M 557.43M 585.88M 665.51M 774.05M
Total liabilities 308.57M 428.11M 460.66M 521.84M 608.38M
Total equity 104.63M 129.14M 127.27M 143.51M 165.51M
Operating cash flow 45.56M 42.76M -13.10M 47.34M -67.35M

Valuation Measures

Aug 2019
PER8.39
ROA4.65%
ROE21.69%
Operating margin9.19%
Profit margin5.68%

Key executives

  • Chairman & Chief Executive Officer: Takashi Kikkawa
  • President & Representative Director: Eiichiro Egashira
  • Director: Eiji Shiiba

Shareholders

  • KIKKAWA TAKASHI /WEST HOLDINGS/ (41.2%)
  • West Holdings Corp. (10.2%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (7.8%)
  • Invesco Asset Management (Japan) Ltd. (5.5%)
  • Yamada Denki Co., Ltd. (2.2%)
  • Asset Management One Co., Ltd. (1.8%)
  • Dimensional Fund Advisors LP (1.0%)
  • Erste Asset Management GmbH (0.9%)
  • Daiwa Asset Management Co. Ltd. (0.7%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.3%)

Contact Details

  • Website:http://www.west-gr.co.jp
  • Address: Tokyo Opera City Building, 32/F, 3-20-2 Nishi-Shinjuku, Tokyo, 163-1432, Japan
  • Phone: +81.3.5358.5757

Related Companies

  • West Electric Power Co., Inc.
  • West Energy Solution, Inc.
  • Powerway Japan Corp.
  • West O&M, Inc.
  • Westbegin Co., Ltd.
  • House Doctor KK
  • Ligitek Japan Co., Ltd.
  • House Care Co., Ltd.
  • Akeno Jutaku Corp.
  • Devex Co. Ltd.
  • West Holdings Employee Stock Ownership Plan
  • Sakurai Building Techno KK
  • West, Inc. (Japan)

Competitors

  • SPI Energy Co Ltd
Last Updated on 21 Feb, 2020

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