shimadzu corp
(7701:Tokyo Stock Exchange)
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Shimadzu Corporation engages in the manufacture and sale of analytical and measuring instruments, medical systems and equipment, aircraft equipment, and industrial machinery. The company offers analytical and measuring instruments for gas and liquid chromatography, gas and liquid chromatograph-mass spectrometry, data management and software, spectroscopy, elemental and surface analysis, total organic carbon analysis, continuous monitoring analysis, thermal analysis, and particle size analysis, as well as materials testing and inspection instruments, life science lab instruments, non-destructive inspection instruments, and balances. It also provides medical systems and equipment for angiography, fluoroscopy, mobile X-ray, and radiography; aircraft equipment, such as landing gear and flight control systems; and industrial equipment for ceramics, metals, mining, clinical, forensics, electronics, environment, food, beverages, machinery, automotive, petrochemical, chemical, pharmaceutical, and life science sectors. In addition, the company offers semiconductor and flat panel display equipment, including turbo molecular pumps, helium leak detectors, antireflection film coating systems, multi deposition system, and liquid crystal injection systems; and hydraulic equipment comprising hydraulic gear pumps, power packages, and manual stack valves for mobile. Further, it provides optical and laser devices, such as diffraction gratings, aspherical mirrors, polka-dot beamsplitters, spectro-sensor units, precision spectrometers and refractometers, contact liquid, and laser modules and laser devices, as well as material, cell process, and module process evaluation solutions for the photovoltaic industry. The company sells its products in Japan, Europe, China, Southeast Asia, India, and other countries. Shimadzu Corporation was founded in 1875 and is headquartered in Kyoto, Japan.
shimadzu corp (7701) Key Developments
Shimadzu Corp. announced consolidated financial results for the year ended March 31, 2013. For the year, the company reported net sales of ¥266,255 million against ¥264,048 million a year ago. Operating income was ¥12,116 million against ¥19,365 million a year ago. Ordinary income was ¥13,472 million against ¥18,650 million a year ago. Income before income taxes and minority interests was ¥12,217 million against ¥18,092 million a year ago. Net income was ¥7,578 million against ¥9,083 million a year ago. Purchase on property, plant and machinery was ¥7,739 million against ¥7,437 million a year ago. Net cash from operating activities was ¥12,028 million against ¥8,805 million a year ago. The company intends to pay a dividend of ¥4.5 per share for the year ended March 31, 2013 which is an increase of ¥0.5 compared to previous year. For the year ending March 31, 2014, the company plan to pay an interim dividend of ¥4.5 per share and year end dividend of ¥4.5 per share, for a total annual dividend of ¥9 per share.
Shimadzu Corporation, 2013 Earnings Call, May 13, 2013
On April 8th, Shimadzu Corporation will release Laser Mirrors and Laser Windows optimized for use with high power lasers. These products will also be exhibited at LASER World of PHOTONICS. These will be used in industrial fields to increase the speed of laser finishing; in medical treatment fields for laser treatments and X-ray beam generation; and in physics and chemistry related fields to achieve high sensitivity laser measurements. Laser Mirrors and Laser Windows are indispensable optical components of laser equipment. Unfortunately, when these optical elements are subjected to high power laser light, there have been problems with damage and loss of functionality. Accordingly, there have been calls for the development of optical elements with a high laser induced damage threshold. As a result, Shimadzu has developed Laser Mirrors with a high damage threshold and high reflectance, and Laser Windows with a high damage threshold and high transmittance, for use with high power YAG lasers and Ti-sapphire lasers. By adopting amorphous coating techniques, at YAG laser wavelengths have obtained Laser Mirrors with 1.4 times the conventional damage threshold, a globally top-level value, and Laser Windows with 1.6 times the conventional damage threshold. In addition, these products provide high level performance, with reflectance values of 99.9% or higher for the Laser Mirrors and transmittance values of 99.5% or higher for the Laser Windows. By contributing to the implementation of high power lasers, these products will contribute to the development of a variety of fields, including the expansion of applications in laser finishing fields, the achievement of cutting-edge medical treatments, analysis in the life sciences, and the development of new materials. Note that these products utilize technology developed in collaboration with the Quantum Beam Science Director Japan Atomic Energy Agency.
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Industry Analysis
7701
Industry Average
| Valuation | 7701 | Industry Range |
| Price/Earnings | 22.2x |
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| Price/Sales | 0.8x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 22.3x |
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| TEV/Sales | 0.5x |
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To contact SHIMADZU CORP, please visit www.shimadzu.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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