Nichiha Corporation
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Nichiha Corporation - Company Capsule
Reference Code: CN0710CC
Published Date: April 2011
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Nichiha Corporation - Company Capsule Page 1
Nichiha Corporation
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Nichiha Corporation - Company Overview
Nichiha Corporation (Nichiha) is a building products manufacturing company. The company is engaged in manufacturing
fiber reinforced cement sidings, roofing materials, exterior building materials, residential equipments, hardboard, industrial
materials and other construction materials for housing. it operates in two business segments. The Armoring Material
segment is engaged in the manufacture and sale of armoring materials and external wall materials for ceramic industry,
as well as metal armoring materials and templates. The company's products include fiber reinforced cement sidings, metal
exterior sidings, related products, roofing materials, and fire-resistant roofing underlayment panels. The company also
provides closet units, other equipment and fixtures, automobile interiors, floor care boards, and forming mats. The
company serves its customers through its 18 manufacturing, sales, construction and processing subsidiaries. The
company is headquartered in Nagoya, Japan.
Financial Performance
The company reported revenue of JPY88,087 million during the fiscal year ended 2010. The company's revenue
decreased at a CAGR of 3.84% during the period 2008-2010 with a year on year decline of 4.72% over fiscal year 2009.
During the fiscal year 2010, its operating margin was 2.57% as against an operating margin of 1.15% in fiscal year 2009.
During the fiscal year 2010, the company registered a net margin of 1.25% as against a net margin of 13.02% in the fiscal
year 2009.
Nichiha Corporation - Key Facts
Nichiha Corporation, Key Facts
2-18-19 Nishiki, Nakaku, Aichi,
Ticker Symbol, Stock 7943 (The Tokyo Stock
Corporate Address: Nagoya, , Aichi, Japan Exchange)
Exchange
Telephone + 81 52 2205111 No. of Employees 2,714
Fax N/A Financial Year End March
URL www.nichiha.co.jp Revenue (in JPY Million) 88,087.00
Industry Construction Revenue (in USD Million) 940.90
Locations Japan
Source: Annual Report, Company Website, Primary and Secondary Research
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Nichiha Corporation - Company Capsule Page 2
Nichiha Corporation
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Nichiha Corporation - Major Products and Services
Nichiha Corporation (Nichiha) is a Japan based building products manufacturing company. The company’s key products
and services include the following:
Nichiha Corporation, Major Products and Services
Products:
Exterior Sidings Building Materials
Accessory construction material
Household fixtures
Hardboard
Dry Molding Mat (DMM)
Source: Annual Report, Company Website, Primary and Secondary Research
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Nichiha Corporation - Company Capsule Page 3
Nichiha Corporation
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Nichiha Corporation - Key Competitors
The following companies are the major competitors of Nichiha Corporation:
Sansei Yusoki Co., Ltd.
Noda Corp
TYK CORPORATION
Krosaki Harima Corporation
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Nichiha Corporation - Company Capsule Page 4
Nichiha Corporation
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Nichiha Corporation - Key Employees
Nichiha Corporation, Key Employees
Name Job Title Board Level Since Age
Yoichiro Inoue President, Director Executive Board
Tetsuro Yoshida Chairman Non Executive Board 72
Source: Annual Report, Company Website, Primary and Secondary Research
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Nichiha Corporation - Company Capsule Page 5
Nichiha Corporation
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Nichiha Corporation - Locations and Subsidiaries
Head Office
Nichiha Corporation
2-18-19 Nishiki, Nakaku, Aichi
Nagoya
Zip: Aichi
Japan
Tel: + 81 52 2205111
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Nichiha Corporation - Company Capsule Page 6
Nichiha Corporation
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Nichiha Corporation - Financial Ratios
Financial Ratios - Annual Ratios
Nichiha Corporation, Annual Ratios
Key Ratios Unit/Currency 2010 2009 2008 2007 2006
Equity Ratios
EPS (Earnings per Share) JPY 6.3 -246.76 -66.96 82.94 90.09
Dividend per Share JPY 2 8 20 25 18
Dividend Cover Absolute 3.15 -30.84 -3.35 3.32 5.01
Book Value per Share JPY 1060.76 1047.24 1380.15 1476.3 1418.24
Cash Value per Share JPY 355.89 277.38 144.99 332.98 284.31
Profitability Ratios
Gross Margin % 30.97 26.94 30.76 33.07 33.06
Operating Margin % 1.71 -7.22 -0.94 5.24 6.08
Net Profit Margin % 0.27 -9.81 -2.61 3.2 3.64
Profit Markup % 36.88 44.43 49.4 49.39
PBT Margin (Profit Before Tax) % 1.28 -8.78 -1.96 5.51 6.47
Return on Equity % 0.61 -23.54 -4.9 5.63 6.46
Return on Capital Employed % 2.18 -9.8 -1.05 5.33 6.65
Return on Assets % 0.22 -8.37 -2.1 2.33 2.82
Return on Fixe