6018
THE HANSHIN DIESEL WORKS, LTD
阪神内燃機工業株式会社
Transportation Equipments
The Hanshin Diesel Works, Ltd. manufactures and sells marine diesel engines and propulsion systems for ships worldwide. It operates through the Main Engine, and Components and Repair Work segments. The company offers engines comprising low-speed four-stroke engines, medium-speed engines, and low-speed two-stroke engines; and engine monitoring and support systems for ship administration. It also offers propulsion systems, such as controllable pitch propellers and side thrusters; remote control systems and integrated control systems; casting and metal machining; and auxiliary devices, including lubricating oil and fuel oil purifiers, fuel oil fine filters, and LG-type lubricating oil filters. The company was formerly known as The Hanshin Ironworks Co., Ltd. and changed its name to The Hanshin Diesel Works, Ltd. in 1944. The Hanshin Diesel Works, Ltd. was incorporated in 1918 and is headquartered in Kobe, Japan.
Price
¥6,310
Market Cap
¥20.5B
Ent. Value
—
Net Cash
est
—
Shares Out.
3.2M
P / E
38.1×
EV / EBIT
—
P / Book
1.38×
P / NCAV
7.26×
Div. Yield
1.11%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥13.3B | ¥9.6B | ¥9.1B | ¥10.1B |
| Gross Profit | ¥2.4B | ¥2.1B | ¥2.2B | ¥2.2B |
| SG&A | ¥1.8B | ¥1.6B | ¥1.6B | ¥1.7B |
| Operating Income | ¥612M | ¥551M | ¥550M | ¥549M |
| Non-Operating Income | ¥76M | ¥94M | ¥53M | ¥47M |
| Dividend Income | ¥50M | ¥43M | ¥39M | ¥32M |
| Interest Income | ¥9M | ¥1M | ¥1M | ¥1M |
| Non-Operating Expenses | ¥6M | ¥2M | ¥1M | ¥1M |
| Interest Expense | ¥1M | ¥0M | ¥0M | ¥0M |
| Ordinary Income | ¥682M | ¥644M | ¥603M | ¥595M |
| Pre-tax Income | ¥688M | ¥644M | ¥586M | ¥594M |
| Income Taxes | ¥152M | ¥188M | ¥179M | ¥200M |
| Current Tax | ¥205M | ¥194M | ¥219M | ¥204M |
| Deferred Tax | ¥-53M | ¥-6M | ¥-40M | ¥-4M |
| Net Income (owners) | ¥536M | ¥456M | ¥407M | ¥394M |
| EBITDA | ¥1.0B | ¥915M | ¥853M | ¥825M |
| EPS | ¥165.65 | ¥141.06 | ¥126.02 | ¥122.28 |
| Shares Outstanding | 3.2M | 3.2M | 3.2M | 3.2M |
| Shares Issued (total) | 3.2M | 3.2M | 3.2M | 3.2M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥25.0B | ¥22.8B | ¥21.0B | ¥19.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥13.0B | ¥11.4B | ¥11.2B | ¥10.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥5.5B | ¥4.9B | ¥5.6B | ¥5.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥2.6B | ¥2.1B | ¥2.2B | ¥2.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥12.0B | ¥11.4B | ¥9.8B | ¥9.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥8.5B | ¥8.4B | ¥7.8B | ¥7.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥443M | ¥353M | ¥239M | ¥198M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥1.9B | ¥1.6B | ¥1.1B | ¥745M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥369M | ¥360M | ¥468M | ¥473M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥10.2B | ¥8.3B | ¥7.1B | ¥6.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥7.0B | ¥5.1B | ¥3.9B | ¥3.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥133M | ¥84M | ¥185M | ¥138M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥3.2B | ¥3.2B | ¥3.2B | ¥3.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥14.8B | ¥14.4B | ¥13.9B | ¥13.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥829M | ¥825M | ¥820M | ¥817M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥71M | ¥66M | ¥62M | ¥58M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥9.9B | ¥9.5B | ¥9.2B | ¥9.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-13M | ¥-13M | ¥-13M | ¥-13M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥4.0B | ¥4.0B | ¥3.7B | ¥3.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥10.8B | ¥10.4B | ¥10.1B | ¥9.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥5.5B | ¥4.9B | ¥5.6B | ¥5.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥2.8B | ¥3.0B | ¥4.1B | ¥4.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥869 | ¥930 | ¥1,265 | ¥1,354 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥3,317 | ¥3,212 | ¥3,124 | ¥3,041 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥1.6B | ¥1.1B | ¥1.2B | ¥893M |
| Interest Received | ¥54M | ¥40M | ¥36M | ¥26M |
| D&A | ¥434M | ¥364M | ¥303M | ¥275M |
| Investing CF | ¥-7M | ¥-2.3B | ¥-778M | ¥668M |
| CapEx | ¥420M | ¥842M | ¥500M | ¥247M |
| Purchase Investments | ¥-201M | ¥-161M | ¥-200M | ¥-1M |
| Financing CF | ¥-207M | ¥-172M | ¥-132M | ¥-118M |
| Dividends Paid | ¥-194M | ¥-161M | ¥-129M | ¥-112M |
| Free Cash Flow | ¥1.2B | ¥262M | ¥677M | ¥645M |
| Net Change in Cash | ¥1.4B | ¥-1.3B | ¥267M | ¥1.4B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 3.7% | 3.2% | 3.0% | 3.0% |
| ROA | 2.2% | 2.1% | 2.0% | 2.0% |
| EPS | ¥165.65 | ¥141.06 | ¥126.02 | ¥122.28 |
| DPS | ¥70.00 | ¥60.00 | ¥50.00 | ¥40.00 |
| BPS | ¥4,560.75 | ¥4,448.69 | ¥4,282.39 | ¥4,169.74 |
| FCF/Share | ¥359 | ¥81 | ¥209 | ¥200 |
| NCAV/Share | ¥869 | ¥930 | ¥1,265 | ¥1,354 |
| Payout Ratio | 42.3% | 42.5% | 39.7% | 32.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 20
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-15
15:30
|
Div Increase | ¥181M ¥56.0/sh | Hanshin Internal Combustion Engine Industries resolved to pay a year-end dividend of ¥56 per share for FY2026 (ended Mar… | |
|
Summary
Hanshin Internal Combustion Engine Industries resolved to pay a year-end dividend of ¥56 per share for FY2026 (ended March 31, 2026), totaling ¥181 million. Combined with an interim dividend of ¥35 per share already paid, the full-year dividend reaches ¥91 per share, representing a ¥21 increase versus the prior year's ¥70 per share total. While the year-end dividend itself declined from ¥70 to ¥56, the introduction of interim distributions and strong full-year growth (+30% YoY on annual basis) reflects enhanced shareholder return policy targeting 40% dividend payout ratio or 1.5% DOE.
Deadline: 2026-06-05
Source (JP)
当期の年間配当金は1株につき 91 円(前期比 21 円増配)となります。第 2 四半期末 35.00 円、期末 56.00 円
剰余金の配当(期末配当)に関するお知らせ
TDnet PDF
|
||||
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | 光通信株式会社 | 240 | 7.42% |
| 2 | 阪神ディーゼル取引先持株会 | 214 | 6.61% |
| 3 | 株式会社オゾネ | 202 | 6.24% |
| 4 | 株式会社UH Partners 2 | 172 | 5.31% |
| 5 | 株式会社三井住友銀行 | 158 | 4.87% |
| 6 | 株式会社アンダーウッド | 147 | 4.55% |
| 7 | 木 下 和 彦 | 101 | 3.12% |
| 8 | 株式会社ノザワ | 93 | 2.87% |
| 9 | 玉 越 裕 美 子 | 92 | 2.85% |
| 10 | 京阪神興業株式会社 | 90 | 2.77% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
46.6%
+1.4% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 46.6% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 光通信 | 7.44% | 7.43% | 7.42% -0.01% | |
| 阪神ディーゼル取引先持株会 | 6.14% | 6.34% | 6.61% +0.27% | |
| 式会社オゾネ | 6.26% | 6.25% | 6.24% -0.01% | |
| 式会社UH Partners 2 | 4.22% | 4.21% | 5.31% +1.10% | |
| 三井住友銀行 | 4.89% | 4.88% | 4.87% -0.01% | |
| 式会社アンダーウッド | 4.56% | 4.55% | 4.55% | |
| 木 下 和 彦 | 3.00% | 3.06% | 3.12% +0.06% | |
| 式会社ノザワ | 2.16% | 2.88% | 2.87% -0.01% | |
| 玉 越 裕 美 子 | 2.86% | 2.85% | 2.85% | |
| 京阪神興業 | 2.78% | 2.78% | 2.77% -0.01% | |
| Concentration (HHI) ⓘ | 224 | 230 | 244 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,395M
+66% since 2023
Holdings
14
+3 new
2 exited
Trend
1 building
vs 2023
| Held Company | FY2025 ¥1,395M total | FY2023 ¥841M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
| ㈱三井住友フィナンシャルグループ (注)2. | 450 |
NEW
New
118,536
|
— | M | |
|
Kamigumi Co., Ltd.
㈱上組
|
276 |
78,936
|
219 | 78,936 | M |
|
NOZAWA CORPORATION
㈱ノザワ
|
150 |
+58.8%
↑
177,800
|
77 | 112,000 | M |
|
Kawasaki Heavy Industries,Ltd.
川崎重工業㈱
|
125 |
14,000
|
40 | 14,000 | M |
|
Resona Holdings, Inc.
㈱りそなホールディングス
|
111 |
85,941
|
55 | 85,941 | M |
|
IINO KAIUN KAISHA, LTD.
飯野海運㈱
|
102 |
102,800
|
103 | 102,800 | |
|
Kobe Steel, Ltd.
㈱神戸製鋼所
|
54 |
30,900
|
32 | 30,900 | M |
|
NS UNITED KAIUN KAISHA, LTD.
NSユナイテッド海運㈱
|
48 |
11,950
|
49 | 11,950 | |
|
Daiwa Securities Group Inc.
㈱大和証券グループ本社
|
40 |
40,000
|
25 | 40,000 | M |
|
KOGI CORPORATION
虹技㈱
|
30 |
23,300
|
24 | 23,300 | M |
|
SAKURA KCS Corporation
㈱さくらケーシーエス
|
4 |
3,000
|
2 | 3,000 | |
|
NPR-RIKEN CORPORATION
リケンNPR㈱
|
3 |
NEW
New
1,156
|
— | ||
|
TAMAI STEAMSHIP CO., LTD.
玉井商船㈱
|
2 |
1,200
|
2 | 1,200 | |
|
SENKO Group Holdings Co.,Ltd.
センコーグループホールディングス㈱
|
1 |
NEW
New
835
|
— | ||
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
— |
−100%
Exit
—
|
209 | 39,512 | M |
|
Nippon Piston Ring Co.,Ltd.
日本ピストンリング㈱
|
— |
−100%
Exit
—
|
2 | 1,134 | |
| Portfolio total | 1,395 | 841 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding