Hoshizaki Corporation

Hoshizaki Corporation

HSHZY
Hoshizaki CorporationUS flagOther OTC
8.49
USD
- -
- -
4.77BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
355.73
403.32
449.29
458.39
487.18
505.37
500.79
411.34
473.63
554.57
644.68
774.52
858.64
703.83
Basic EPS, GAAP
27.3
25.96
29.31
36.99
39.95
44.39
42.18
19.75
37.42
41.38
56.67
64.22
67.41
55.91
Free Cash Flow per Basic Share
28.63
30.02
43.67
43.04
49.06
44.22
45.07
29.9
41.27
-0.74
52.89
63.77
34.41
- -
Dividend per Share
3.75
5
6.24
7.5
8.75
8.75
10
13.74
13.75
21.24
17.5
27.6
27.58
- -
Book Value per Share
226.38
247.18
269.92
299.31
330.52
366.17
398.36
404.35
428.05
449.08
488.15
527.59
576.11
505.59
Tangible Book Value per Share
218.04
258.72
289.06
307.71
345.36
376.33
409.67
407.69
443.73
473.81
542.88
589.33
552.83
587.64
Basic Weighted Avg Shares
578
578
579
579
579
579
579
579
579
579
579
575
566
579
Sales/Revenue/Turnover
205,513
233,252
260,174
265,548
282,215
292,774
290,136
238,314
274,419
321,338
373,563
445,495
485,890
407,859
Operating Margin (%)
9.76
11.57
12.19
13.02
12.78
12.45
11.26
7.74
9.09
8.52
11.65
11.46
10.69
11.75
Depreciation Expense
8,166
10,816
9,226
6,376
5,877
5,994
5,153
5,470
5,230
6,628
7,550
11,565
14,522
- -
Net Income, GAAP
15,769
15,011
16,971
21,430
23,144
25,717
24,437
11,442
21,679
23,977
32,835
36,936
38,148
32,400
Effective Tax Rate (%)
40.14
43.55
40.76
35.44
33.94
28.07
27.78
32.76
29.55
28.07
30.65
31.86
31.15
33.47
Profit Margin (%)
7.67
6.44
6.52
8.07
8.2
8.78
8.42
4.8
7.9
7.46
8.79
8.29
7.85
7.94
Working Capital
94,561
118,693
134,431
147,657
167,811
184,317
194,465
196,976
216,197
225,253
259,507
260,384
206,715
259,654
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
146,929
164,531
176,544
187,178
206,899
223,509
242,038
239,712
259,861
292,498
332,936
382,813
413,914
381,685
Return on Invested Capital (%)
8.46
9.5
10.76
12.02
11.83
11.94
9.98
5.1
6.92
7
9.5
9.49
8.72
8.69
Return on Capital (%)
12.73
10.88
11.09
12.66
12.5
12.55
10.83
4.82
8.8
9.13
11.68
12.25
11.38
10.93
Return on Common Equity (%)
12.72
10.97
11.34
13
12.69
12.74
11.03
4.92
8.99
9.44
12.09
12.6
12.12
11.42

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
5,732
6,188
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
145
145
144
Market Capitalization
668,805
811,792
736,021

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
364,145
378,423
395,006
Cash, Cash Equivalents & STI
254,530
236,175
239,652
Accounts Receivable, Net
52,026
73,240
76,447
Inventories
52,263
64,539
69,548
Total Current Liabilities
104,638
121,171
135,352
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,732
6,188
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.98%
11.58%
8.12%
Free Cash Flow
-734.79%
-1,463.78%
-46.91%
Net Income, GAAP
14%
30.56%
3.28%
Sales/Revenue/Turnover
7.02%
15.37%
9.07%
Total Cash Common Dividend
18.03%
18.36%
-1.68%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
106,340
111,747
- -
- -
445,495
2025
- -
- -
- -
- -
485,890
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15.89
- -
- -
- -
64.22
2025
- -
- -
- -
- -
67.41
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
27.6
2025
- -
- -
- -
- -
27.58
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Yasuhiro Kobayashi
Full Time Employees
17,041
Sector
Industrials
Industry
Industrial - Machinery
Address
3-16, Sakae-cho Minamiyakata Toyoake AI Japan 470-1194
IPO Date
Mar 17, 2021
Business
Hoshizaki Corporation is a Japan-based company primarily engaged in the research, development, manufacture, sale, and maintenance of commercial kitchen and food service equipment. Its core products include ice machines (such as cubelet and flake ice makers), commercial refrigerators, freezers, food and beverage dispensers, dishwashers, and heated cabinets. The company offers various product lines catering to the food service industry, including specialized refrigeration solutions and advanced ice dispensing technologies. Hoshizaki operates globally with a significant presence in Japan, the Americas, Europe, and Asia. Founded in 1947, the company is headquartered in Toyoake, Aichi, Japan. Recently, Hoshizaki has made substantial advancements in environmental sustainability by expanding its lineup of products using low-environmental-impact, HFC-free natural refrigerants, upgrading 66 models across several product lines starting from late 2025 to significantly reduce global warming potential. In addition, Hoshizaki Alliance finalized the acquisition of Structural Concepts Corporation, a U.S. manufacturer of foodservice equipment, expanding its product portfolio and market reach in the Americas. Hoshizaki America also launched the Steelheart® Series Glass-Door Heated Cabinets, enhancing its heated holding solutions, and introduced an updated "All 7's" warranty program for its Steelheart® refrigeration line. The company has shifted to a rep-based sales model in certain U.S. regions to improve market penetration and customer service. Operating across three regional segments—Japan, the Americas, and Europe/Asia—Hoshizaki serves diverse customer segments including restaurants, hotels, hospitals, and other commercial food service establishments. Its product development includes a focus on innovative ice quality and refrigeration technology, supported by a comprehensive R&D system and advanced manufacturing capabilities. The company recorded strong financial growth in 2024, with net sales increasing by over 17% and operating profit rising significantly, reflecting effective strategic execution and market expansion. Hoshizaki Corporation operates several subsidiaries and has maintained a consistent commitment to sustainability, technological innovation, and expansion into global markets, reinforcing its status as a leading provider of commercial kitchen equipment worldwide. The company continues to adapt its product offerings and business strategies to environmental standards and evolving customer needs.

Company News

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