Primearth EV Energy Co., Ltd.
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Primearth EV Energy Co., Ltd. - overview
Established
1996
Location
Shizuoka-shi, -, Japan
Primary Industry
Energy Storage & Batteries
About
Based in Shizuoka, Japan, and founded in 1996, Primearth EV Energy Co. , Ltd. , a. k.
a. Primearth EV Energy manufactures nickel-metal hydride batteries, lithium-ion batteries, and battery management systems for HEVs. In March 2024, Toyota Motor acquired Primearth EV Energy. As of March 2024, Masamichi Okada is the CEO of the company.
The company provides a wide range of nickel-metal-hydride batteries, lithium-ion batteries, battery packs, and battery ECUs. Primearth EV Energy also offers contract testing of automotive battery packs, test jigs, measurement support, test operations, submission of test result reports, and support for its customers' test evaluations. The acquisition of Primearth EV Energy enables it to enhance its product appeal for electric vehicles and contribute to the realization of carbon neutrality centered on multi-pathways.
Current Investors
Toyota Motor
Primary Industry
Energy Storage & Batteries
Sub Industries
Automobiles, Other Vehicles & Parts, Energy Storage & Batteries
Website
www.peve.jp
Verticals
Electric & Hybrid Vehicles, Manufacturing
Total Amount Raised
Subscriber access only
Primearth EV Energy Co., Ltd. - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 156,378,000,000 | 175,061,000,000 | 201,533,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 11.9% | 15.1% | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - |
| Operating Income (USD) | 9,319,000,000 | 8,024,000,000 | 6,524,000,000 | - | - | - |
| Operating Margin | 6.0% | 4.6% | 3.2% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - |
| NET Income (USD) | 8,217,000,000 | 6,851,000,000 | 8,628,000,000 | - | - | - |
| % Net Margin | 5.3% | 3.9% | 4.3% | - | - | - |
Primearth EV Energy Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Primearth EV Energy Co., Ltd. | - |
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Primearth EV Energy Co., Ltd. - employee data
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