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Commercial Services

Zenrin Co., Ltd.

Business Summary

Zenrin Co., Ltd. engages in the collection and management of four-dimensional geospatial information. It operates through the following segments: Map Database, General Printing, and Others. The Map Database segment offers residential maps, application maps, residential map database, Internet services for map data, car navigation database, and smartphone services. The General Printing segment manufactures and sells commercial printing materials. The Others segment deals with product sales, computer-aided design data processing, and Internet advertising. The company was founded by Masatomi Osako in April 1948 and is headquartered in Kitakyushu, Japan.

Financial Highlights

Mar 2021 JPYUSD
Gross Profit22,013M207.55M
Operating income1,406M13.25M
Income before tax1,611M15.18M
Net income1,248M11.76M
Diluted EPS20.900.19
Dividends Per Share250.23
Total Assets71,320M645.42M
Total liabilities26,592M240.65M
Total equity43,149M390.48M
Operating cash flow6,351M59.88M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 57,819M 61,332M 63,747M 59,771M 57,225M
Gross Profit 24,120M 25,987M 26,873M 24,335M 22,013M
Operating income 4,235M 5,443M 5,825M 3,276M 1,406M
Income before tax 4,226M 5,526M 5,519M 4,168M 1,611M
Net income 2,462M 3,336M 3,207M 2,633M 1,248M
EBITDA 10,187M 11,452M 11,755M 8,867M 6,741M
Diluted EPS 44.74 60.67 57.53 47.30 20.90
Dividends Per Share 23 23.33 24 25 25
Total Assets 65,150M 71,668M 69,932M 69,569M 71,320M
Total liabilities 21,682M 30,841M 28,207M 28,115M 26,592M
Total equity 42,062M 39,342M 39,686M 39,715M 43,149M
Operating cash flow 9,318M 10,783M 9,035M 7,995M 6,351M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 533.93M 553.37M 574.84M 549.74M 539.56M
Gross Profit 222.74M 234.47M 242.32M 223.81M 207.55M
Operating income 39.10M 49.11M 52.52M 30.13M 13.25M
Income before tax 39.02M 49.85M 49.76M 38.33M 15.18M
Net income 22.73M 30.09M 28.91M 24.21M 11.76M
EBITDA 94.07M 103.32M 106.00M 81.55M 63.55M
Diluted EPS 0.41 0.54 0.51 0.43 0.19
Dividends Per Share 0.21 0.21 0.21 0.22 0.23
Total Assets 584.67M 673.88M 631.81M 644.42M 645.42M
Total liabilities 194.57M 289.99M 254.84M 260.43M 240.65M
Total equity 377.47M 369.92M 358.54M 367.88M 390.48M
Operating cash flow 86.04M 97.29M 81.47M 73.53M 59.88M

Valuation Measures

Mar 2021
Operating margin2.45%
Profit margin2.18%

Key executives

  • President & Representative Director: Zenshi Takayama
  • Director & Senior General Manager-Operations: Hideyuki Fujisawa
  • Executive Officer, Manager-Research & Development: Koji Haraguchi
  • Representative Director & Executive Vice President: Junya Amita
  • Executive Officer & General Manager-Personnel: Tatsuro Nakamichi


  • Sanwa Ltd. (9.1%)
  • Toyota Motor Corp. (7.4%)
  • Nippon Telegraph & Telephone Corp. (7.3%)
  • Zenrin Employee Stock Ownership Plan (4.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.2%)
  • Zenrin Co., Ltd. (4.0%)
  • Nishi-Nippon Financial Holdings, Inc. (4.0%)
  • Ohsako Holdings KK (3.3%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • OHSAKO KIMIKO (2.3%)

Contact Details

  • Website:
  • Address: 3-1 Nakabarushinmachi, Tobata-Ku, Kitakyushu, 804-0003, Japan
  • Phone: +81.93.882.9050

Related Companies

  • Y's Computer Creates Co. Ltd.
  • KERNEL Inc. (Japan)
  • Zenrin Future Partners Co. Ltd.
  • Daito Marketing Solutions, Inc.
  • Zenrin Employee Incentive Plan 2
  • Abalta Technologies, Inc.
  • Zenrin Board Benefit Trust
  • Daikei Data Processing (Shenzhen) Co. Ltd.
  • Shanghai Daikei Data Processing Co. Ltd.
  • Zenrin Biznexus KK
  • Zenrin USA, Inc.
  • Zenrin Trust
  • Zenrin Employee Incentive Plan
  • Okinawa Intermap KK
  • GEO Technical Laboratory Co. Ltd.
  • Zenrin Europe GmbH
  • ZENRIN DataCom Co., Ltd.
  • MRC Co., Ltd.
  • Zenrin Printex Co. Ltd.
  • Zenrin Pension Fund
  • Daikei Data Processing Co., Ltd.
  • Zenrin Employee Stock Ownership Plan


    Last Updated on 25 Jan, 2022

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