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Consumer Durables

Zojirushi Corp.

Business Summary

Zojirushi Corp. engages in the manufacture and sale of innovative household products. It operates through the following business divisions: Manufacturing, Sales, Distribution, and Repair and Recycle. The Manufacturing division produces cooking appliances; household and thermal products; and home appliances. The Sales division deals with the domestic and overseas sales and marketing. The Distribution division covers the distribution services. It also supplies commercial and industrial appliances. The Repair and Recycle division handles the storage, transport, and orders for Zojirushi products and parts. The company was founded by Ginzaburo Ichikawa and Kinzaburo Ichikawa on May 10, 1918 and is headquartered in Osaka, Japan.

Financial Highlights

Nov 2019 JPYUSD
Revenue79,110M724.12M
Gross Profit25,300M231.58M
Operating income5,618M51.42M
Income before tax5,880M53.82M
Net income4,082M37.36M
EBITDA7,676M70.26M
Diluted EPS60.380.55
Dividends Per Share260.23
Total Assets91,507M835.60M
Total liabilities20,486M187.06M
Total equity70,350M642.40M
Operating cash flow6,739M61.68M
Currency in JPYCurrency in USD

Historical Data

 Nov 2015Nov 2016Nov 2017Nov 2018Nov 2019
Revenue 89,796M 89,231M 85,363M 84,635M 79,110M
Gross Profit 30,240M 32,347M 28,498M 27,411M 25,300M
Operating income 10,171M 12,109M 7,824M 6,254M 5,618M
Income before tax 10,382M 11,691M 8,330M 6,524M 5,880M
Net income 6,314M 7,299M 5,338M 4,435M 4,082M
EBITDA 11,683M 13,941M 9,823M 8,358M 7,676M
Diluted EPS 93.44 108.02 79 65.61 60.38
Dividends Per Share 20 22 22 30 26
Total Assets 86,019M 88,022M 92,928M 92,794M 91,507M
Total liabilities 27,205M 26,875M 25,254M 23,046M 20,486M
Total equity 58,024M 60,439M 66,833M 69,098M 70,350M
Operating cash flow 6,702M 8,016M 6,636M 4,684M 6,739M
 Nov 2015Nov 2016Nov 2017Nov 2018Nov 2019
Revenue 742.89M 817.42M 759.52M 765.89M 724.12M
Gross Profit 250.17M 296.32M 253.56M 248.05M 231.58M
Operating income 84.14M 110.92M 69.61M 56.59M 51.42M
Income before tax 85.89M 107.09M 74.11M 59.03M 53.82M
Net income 52.23M 66.86M 47.49M 40.13M 37.36M
EBITDA 96.65M 127.71M 87.40M 75.63M 70.26M
Diluted EPS 0.77 0.98 0.70 0.59 0.55
Dividends Per Share 0.16 0.20 0.19 0.27 0.23
Total Assets 697.75M 772.49M 830.41M 817.20M 835.60M
Total liabilities 220.67M 235.85M 225.67M 202.95M 187.06M
Total equity 470.66M 530.42M 597.22M 608.52M 642.40M
Operating cash flow 55.44M 73.43M 59.04M 42.38M 61.68M

Valuation Measures

Nov 2019
PER28.83
ROA4.42%
ROE5.85%
Operating margin7.10%
Profit margin5.15%

Key executives

  • President & Representative Director: Norio Ichikawa
  • Director, Executive Officer & GM-Production: Masao Uwa
  • Director & Executive Officer: Eiji Soda
  • Director & General Manager-Administration: Osamu Sanada
  • Director: Yoshitsugu Hirai

Shareholders

  • Great Fortune International Development Ltd. (12.6%)
  • ICHIKAWA NORIO (11.5%)
  • Zojirushi Corp. (6.8%)
  • ICHIKAWA FAMILY /ZOJIRUSHI/ (6.4%)
  • Mitsubishi UFJ Financial Group, Inc. (3.2%)
  • Zojirushi Kyoei Business Association (3.0%)
  • Ichikawa International Scholarships Foundation (2.2%)
  • Nomura Asset Management Co., Ltd. (2.1%)
  • River City KK (2.1%)
  • Hoei Shoji YK (1.9%)

Contact Details

Related Companies

  • Zojirushi Restricted Stock Compensation Plan
  • Zojirushi Hong Kong Co.,Ltd.
  • Zojirushi Taiwan Corp.
  • Zojirushi SE Asia Corp. Ltd.
  • Zojirushi Shanghai Corp.
  • Zojirushi Raccolto KK
  • Zojirushi Simatelex Co. Ltd.
  • Union Zojirushi Co. Ltd.
  • Zojirushi YOU Service KK
  • Washin Glass KK
  • Zojirushi America Corp.
  • Zojirushi Factory Japan Co., Ltd.
  • Tohai Service Co., Ltd.
  • Zojirushi Kyoei Business Association

Competitors

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