Announcement • Jun 25
Nippon Seiki Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Nippon Seiki Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings: EPS in line with analyst expectations despite revenue beat Full year 2026 results: EPS: JP¥143 (up from JP¥105 in FY 2025). Revenue: JP¥327.9b (up 3.6% from FY 2025). Net income: JP¥8.22b (up 34% from FY 2025). Profit margin: 2.5% (up from 1.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Nippon Seiki Co., Ltd., Annual General Meeting, Jun 26, 2026 Nippon Seiki Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Nippon Seiki Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Nippon Seiki Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Announcement • Apr 21
Nippon Seiki Co., Ltd. (TSE:7287) agreed to acquire Toyodenso Co. Ltd from Koide Kokan Co., Ltd, Honda Motor Co., Ltd. (TSE:7267) and others for ¥49.9 billion. Nippon Seiki Co., Ltd. (TSE:7287) agreed to acquire Toyodenso Co. Ltd from Koide Kokan Co., Ltd, Honda Motor Co., Ltd. (TSE:7267) and others for ¥49.9 billion on April 20, 2026. All funds for the share acquisition are planned to be procured entirely through borrowing from financial institutions.
The expected completion of the transaction is October 1, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,377, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 203% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥50.04 (vs JP¥27.93 in 3Q 2025) Third quarter 2026 results: EPS: JP¥50.04 (up from JP¥27.93 in 3Q 2025). Revenue: JP¥78.1b (up 3.7% from 3Q 2025). Net income: JP¥2.87b (up 78% from 3Q 2025). Profit margin: 3.7% (up from 2.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 45% per year. Announcement • Dec 23
Nippon Seiki Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Nippon Seiki Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Declared Dividend • Dec 09
First half dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥52.91 (vs JP¥9.41 in 2Q 2025) Second quarter 2026 results: EPS: JP¥52.91 (up from JP¥9.41 in 2Q 2025). Revenue: JP¥80.0b (up 5.2% from 2Q 2025). Net income: JP¥3.03b (up 448% from 2Q 2025). Profit margin: 3.8% (up from 0.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
Nippon Seiki Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Nippon Seiki Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥12.22 (vs JP¥3.30 in 1Q 2025) First quarter 2026 results: EPS: JP¥12.22 (up from JP¥3.30 in 1Q 2025). Revenue: JP¥76.2b (flat on 1Q 2025). Net income: JP¥701.0m (up 258% from 1Q 2025). Profit margin: 0.9% (up from 0.3% in 1Q 2025). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 26
Nippon Seiki Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Nippon Seiki Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 17
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥105 (up from JP¥88.04 in FY 2024). Revenue: JP¥316.4b (up 1.3% from FY 2024). Net income: JP¥6.12b (up 16% from FY 2024). Profit margin: 1.9% (up from 1.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Nippon Seiki Co., Ltd. (TSE:7287) announces an Equity Buyback for 2,000,000 shares, representing 3.48% for ¥2,000 million. Nippon Seiki Co., Ltd. (TSE:7287) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.48% of its issued share capital, for ¥2,000 million. The program is aimed at strengthening shareholder return by implementing flexible capital policies in response to changes in the business environment and improving capital efficiency. The program will expire on March 31, 2026. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,368, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Auto Components industry in Japan. Total returns to shareholders of 76% over the past three years. Announcement • May 15
Nippon Seiki Co., Ltd., Annual General Meeting, Jun 27, 2025 Nippon Seiki Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥935, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 20% over the past three years. Announcement • Mar 25
Nippon Seiki Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Nippon Seiki Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥27.93 (vs JP¥43.85 in 3Q 2024) Third quarter 2025 results: EPS: JP¥27.93 (down from JP¥43.85 in 3Q 2024). Revenue: JP¥75.4b (down 5.2% from 3Q 2024). Net income: JP¥1.62b (down 39% from 3Q 2024). Profit margin: 2.1% (down from 3.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
Nippon Seiki Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Nippon Seiki Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 07
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 172% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥9.41 (vs JP¥21.42 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥9.41 (up from JP¥21.42 loss in 2Q 2024). Revenue: JP¥76.1b (flat on 2Q 2024). Net income: JP¥554.0m (up JP¥1.85b from 2Q 2024). Profit margin: 0.7% (up from net loss in 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Nov 12
Nippon Seiki Co., Ltd. (TSE:7287) announces an Equity Buyback for 1,000,000 shares, representing 1.71% for ¥1,050 million. Nippon Seiki Co., Ltd. (TSE:7287) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.71% of its issued share capital, for ¥1,050 million. The shares will be repurchased at a price of ¥ 1,050 per share. The purpose of the program is to implement flexible shareholder return and corporate value.. Announcement • Sep 26
Nippon Seiki Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Nippon Seiki Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%). New Risk • Aug 30
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 107% Dividend yield: 4.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (107% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin). Buy Or Sell Opportunity • Aug 06
Now 29% overvalued Over the last 90 days, the stock has fallen 22% to JP¥1,152. The fair value is estimated to be JP¥891, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 25% per annum over the same time period. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥1,018, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 6.9% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 127% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 26
Nippon Seiki Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Nippon Seiki Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 20
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥88.03 (up from JP¥22.87 in FY 2023). Revenue: JP¥312.4b (up 13% from FY 2023). Net income: JP¥5.30b (up 284% from FY 2023). Profit margin: 1.7% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • May 20
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • May 17
Nippon Seiki Co., Ltd., Annual General Meeting, Jun 28, 2024 Nippon Seiki Co., Ltd., Annual General Meeting, Jun 28, 2024. Announcement • May 16
Nippon Seiki Co., Ltd. (TSE:7287) announces an Equity Buyback for 1,100,000 shares, representing 1.85% for ¥1,150 million. Nippon Seiki Co., Ltd. (TSE:7287) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 1.85% of its issued share capital, for ¥1,150 million. The purpose of the program is to implement flexible shareholder return and corporate value. The program is valid till November 15, 2024. Buy Or Sell Opportunity • Apr 01
Now 21% undervalued Over the last 90 days, the stock has risen 30% to JP¥1,495. The fair value is estimated to be JP¥1,891, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Announcement • Mar 23
Nippon Seiki Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Nippon Seiki Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.6%). Buy Or Sell Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock has risen 19% to JP¥1,477. The fair value is estimated to be JP¥1,881, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥43.87 (vs JP¥1.54 in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.87 (up from JP¥1.54 in 3Q 2023). Revenue: JP¥79.5b (up 11% from 3Q 2023). Net income: JP¥2.64b (up JP¥2.55b from 3Q 2023). Profit margin: 3.3% (up from 0.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Dec 24
Nippon Seiki Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Nippon Seiki Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥21.44 loss per share (vs JP¥22.25 profit in 2Q 2023) Second quarter 2024 results: JP¥21.44 loss per share (down from JP¥22.25 profit in 2Q 2023). Revenue: JP¥75.8b (up 5.6% from 2Q 2023). Net loss: JP¥1.29b (down 196% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 24
Nippon Seiki Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Nippon Seiki Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥49.23 (vs JP¥41.03 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥49.23 (up from JP¥41.03 loss in 1Q 2023). Revenue: JP¥74.4b (up 32% from 1Q 2023). Net income: JP¥2.97b (up JP¥5.45b from 1Q 2023). Profit margin: 4.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 26
Nippon Seiki Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Nippon Seiki Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 17
Nippon Seiki Co., Ltd., Annual General Meeting, Jun 28, 2023 Nippon Seiki Co., Ltd., Annual General Meeting, Jun 28, 2023. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥22.87 (vs JP¥85.88 loss in FY 2022) Full year 2023 results: EPS: JP¥22.87 (up from JP¥85.88 loss in FY 2022). Revenue: JP¥275.8b (up 23% from FY 2022). Net income: JP¥1.38b (up JP¥6.56b from FY 2022). Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 4.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥1.56 (vs JP¥19.40 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥1.56 (up from JP¥19.40 loss in 3Q 2022). Revenue: JP¥71.6b (up 28% from 3Q 2022). Net income: JP¥94.0m (up JP¥1.26b from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Dec 24
Nippon Seiki Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Nippon Seiki Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥22.25 (vs JP¥43.33 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥22.25 (up from JP¥43.33 loss in 2Q 2022). Revenue: JP¥71.7b (up 44% from 2Q 2022). Net income: JP¥1.34b (up JP¥3.96b from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 16
Price target decreased to JP¥900 Down from JP¥1,000, the current price target is provided by 1 analyst. New target price is 7.3% above last closing price of JP¥839. Stock is down 26% over the past year. The company is forecast to post earnings per share of JP¥11.60 next year compared to a net loss per share of JP¥85.88 last year. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥22.27 (vs JP¥43.33 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥22.27 (up from JP¥43.33 loss in 2Q 2022). Revenue: JP¥71.7b (up 44% from 2Q 2022). Net income: JP¥1.34b (up JP¥3.96b from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Oct 05
Nippon Seiki Co., Ltd. (TSE:7287) completed the acquisition of Kyoei Engineering Co., Ltd. Nippon Seiki Co., Ltd. (TSE:7287) agreed to acquire Kyoei Engineering Co., Ltd. on September 30, 2022. For the period ended March 31, 2022, Kyoei reported revenues of ¥3.13 billion.
Nippon Seiki Co., Ltd. (TSE:7287) completed the acquisition of Kyoei Engineering Co., Ltd. on October 3, 2022. Announcement • Sep 23
Nippon Seiki Co., Ltd. to Report Q2, 2023 Results on Nov 07, 2022 Nippon Seiki Co., Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥41.03 loss per share (vs JP¥7.83 loss in 1Q 2022) First quarter 2023 results: JP¥41.03 loss per share (down from JP¥7.83 loss in 1Q 2022). Revenue: JP¥56.2b (up 1.9% from 1Q 2022). Net loss: JP¥2.48b (loss widened 424% from 1Q 2022). Over the next year, revenue is forecast to grow 7.4%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Jun 23
Nippon Seiki Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Nippon Seiki Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Buying Opportunity • Jun 06
Now 20% undervalued Over the last 90 days, the stock is up 8.0%. The fair value is estimated to be JP¥1,144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: JP¥85.88 loss per share (down from JP¥8.96 profit in FY 2021). Revenue: JP¥223.6b (up 3.1% from FY 2021). Net loss: JP¥5.18b (down JP¥5.70b from profit in FY 2021). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 7.3%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Buying Opportunity • May 16
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥1,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 15
Nippon Seiki Co., Ltd., Annual General Meeting, Jun 27, 2022 Nippon Seiki Co., Ltd., Annual General Meeting, Jun 27, 2022. Price Target Changed • Apr 27
Price target decreased to JP¥1,000 Down from JP¥1,700, the current price target is provided by 1 analyst. New target price is 8.7% above last closing price of JP¥920. Stock is down 23% over the past year. The company is forecast to post a net loss per share of JP¥94.50 compared to earnings per share of JP¥8.96 last year. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Outside Director Etsuo Saiki was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 08
Nippon Seiki Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Nippon Seiki Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%). Reported Earnings • Feb 10
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: JP¥19.41 loss per share (down from JP¥9.18 profit in 3Q 2021). Revenue: JP¥55.7b (down 13% from 3Q 2021). Net loss: JP¥1.17b (down 323% from profit in 3Q 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 6.8%, compared to a 9.0% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥43.35 loss per share (vs JP¥0.23 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥49.8b (down 11% from 2Q 2021). Net loss: JP¥2.62b (loss widened JP¥2.60b from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 09 December 2021. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 11
First quarter 2022 earnings released: JP¥7.83 loss per share (vs JP¥67.47 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥55.2b (up 70% from 1Q 2021). Net loss: JP¥472.0m (loss narrowed 88% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥8.96 (vs JP¥6.11 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥216.9b (down 12% from FY 2020). Net income: JP¥517.0m (up JP¥867.0m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%). Announcement • Mar 20
Nippon Seiki Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Nippon Seiki Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 