5192

Mitsuboshi Belting Ltd.

三ツ星ベルト株式会社
Rubber Products
Mitsuboshi Belting Ltd. manufactures and sells belts, construction materials, etc. in Japan and internationally. The company offers automobile and motorcycle transmission belts and related products, such as timing belts, variable speed belts, v-ribbed belts, raw edge v-belts, worm wheels, and accessory drive systems; and industrial power transmission belts and related products, including v-belts for general industry and agricultural machinery, timing belts for general industry, RIBSTAR belts, polyurethane belts, FLEXSTAR belts, pulleys, and couplings. It also provides conveyer belts, systems, and related products comprising mamaline, LOGISTAR, and tailormade solutions; and engineering plastic materials and processed products, such as molecular weight and density polyethylene, cast-nylon, clean-PE products, polyacetal, polyetheretherketone, polyphenylenesulfide, and polytetrafluoroethylene. In addition, the company offers waterproofing materials for construction and related products; civil engineering water-shielding materials; electronic and coating materials consisting of conductive pastes, resistive pastes, sintering auxiliary agent, cushioning materials, metallized ceramic substrates, and decorative paints; and star wipers. The company was formerly known as Mitsuboshi Chotai Co., Ltd. and changed its name to Mitsuboshi Belting Ltd. in May 1961. Mitsuboshi Belting Ltd. was founded in 1919 and is headquartered in Kobe, Japan.
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Price
¥3,940
Market Cap
¥111.1B
Ent. Value
¥84.8B
Net Cash
¥26.3B
Shares Out.
28.2M
P / E
12.3×
EV / EBIT
9.5×
P / Book
1.16×
P / NCAV
2.47×
Div. Yield
4.72%
Financials
Metric FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥90.5B ¥84.0B ¥82.9B ¥74.9B
Cost of Sales ¥62.4B ¥58.5B ¥56.3B ¥51.4B
Gross Profit ¥28.1B ¥25.6B ¥26.6B ¥23.4B
SG&A ¥19.2B ¥17.8B ¥17.5B ¥15.8B
Operating Income ¥8.9B ¥7.8B ¥9.0B ¥7.6B
Non-Operating Income ¥1.2B ¥2.2B ¥1.9B ¥1.3B
Dividend Income ¥485M ¥425M ¥397M ¥365M
Interest Income ¥446M ¥433M ¥281M ¥92M
Non-Operating Expenses ¥979M ¥363M ¥484M ¥435M
Interest Expense ¥52M ¥58M ¥51M ¥43M
Ordinary Income ¥9.2B ¥9.6B ¥10.5B ¥8.6B
Pre-tax Income ¥12.7B ¥10.3B ¥9.8B ¥8.7B
Income Taxes ¥3.6B ¥3.2B ¥2.7B ¥2.4B
Current Tax ¥3.5B ¥3.3B ¥2.8B ¥2.7B
Deferred Tax ¥144M ¥-94M ¥-72M ¥-361M
Net Income (owners) ¥9.1B ¥7.1B ¥7.1B ¥6.4B
Comprehensive Income ¥4.6B ¥17.8B ¥8.4B ¥11.0B
EBITDA ¥13.7B ¥12.0B ¥13.1B ¥11.5B
Goodwill Amort. (J-GAAP) ¥23M ¥23M ¥4M
EPS ¥320.25 ¥250.40 ¥249.12 ¥220.26
Shares Outstanding 28.2M 28.4M 28.4M 28.8M
Shares Issued (total) 31.1M 31.1M 32.6M 32.6M
Treasury Shares 2.9M 2.7M 4.2M 3.8M