[Company analysis] Ebara Corporation (荏原製作所)

「Ebara Corporation (荏原製作所)」is a company headquartered in Tokyo, which manufactures wind power and hydraulic power related machines such as pumps and turbines, water purification equipment, and wastewater treatment equipment. They have highly advanced technology in water, air and environment fields. This company also handle vacuum pump equipment and CMP equipment necessary for manufacturing semiconductors and electronic parts. The number of consolidated employees is approximately 16,556.

 

1. Company Profile

2. Summary and Features

3. Major Business

4. Financial Information

 

 

 

1. Company Profile

 

※Unit is JPY million, as of 2019

Company name	Ebara Corporation
Company name (Japanese)	荏原製作所
Date of establishment	November 1912
Headquarters location	〒144-8510 東京都大田区羽田旭町11-1
Capital	79,000
Consolidated sales	509,175
Consolidated operating profit	32,482
Consolidated total assets	591,592
Consolidated capital	286,778
Capital adequacy ratio	48.5%
Consolidated number of employees	16,556

 

 

 

2. Summary and Features

 
Since its founding in 1912,「Ebara」has been handling pumps as its main product. This company has world top class technological capabilities in the field of machine manufacturing that handles wind power and hydraulic power such as blowers, turbines, refrigerators and air conditioning systems. In particular, this wind power and hydropower business is the core business of「Ebara」and accounts for more than 70% of total sales.

「Ebara」is also expanding their business into vacuum pump equipment and CMP equipment, which are necessary for the manufacture of semiconductors and electronic components, based on the technological capabilities they have built up in the fields of wind power and hydropower. This company also carrys out environmental engineering business.They have an exclusive position with a 100% global share in the ammonia pump and carbamate pump required for fertilizer manufacturing plants.
  
One of the features of「Ebara」is that they have independently developed their main technologies. They have a large number of products that require high technological capabilities, such as ultra-compact and highly efficient products equipped with highly efficient permanent magnet (PM) motors, dry vacuum pumps that do not use water or oil, and semiconductors that chemically and mechanically polish flatness in nanometer units.

In the past, they have been focusing on technological development and commercialization of technologies such as fuel cells and biomass to reduce environmental impact. As of 2009, the environmental engineering business was consolidated into a subsidiary and the fuel cell business was withdrawn. 

 

 

 

3. Major Business

 

■ Wind and hydro business
This is the main business of「Ebara corporation」. Since its foundation, they have been developing various wind and hydraulic products business such as compressors and turbines, including their main products such as pumps.

■ Precision electronics business
They develop and manufacture various electronic parts and semiconductor manufacturing equipment. This company also supplys vacuum pumps, CMP devices, etc., which are the main products of「Ebara」 worldwide.

■ Environmental plant business
They carry out EPC and O & M (Engineering = Design, Procurement = Procurement, Construction = Construction, Operation = Operation, Maintenance = Maintenance) for environment and energy related infrastructure facilities.

 

 

 

4. Financial information

 

※Unit is JPY million

		2016	2017	2018
Consolidated sales		476,104	381,993	509,175
Consolidated operating profit		29,995	18,115	32,482
Consolidated total assets		588,457	612,919	591,592
Consolidated net assets		277,509	284,788	286,778
Breakdown of sales	Wind and hydro business	292,246	225,795	308,999
	Environmental plant business	68,064	47,616	62,812
	Precision electronics business	114,120	107,368	135,709
	Others	1,672	1,212	1,655