View ValuationNitto Boseki 将来の成長Future 基準チェック /16Nitto Bosekiの収益は年間6.6%で減少すると予測されていますが、年間収益は年間14.3%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に15.4% 6.5%なると予測されています。主要情報-6.6%収益成長率-6.52%EPS成長率Building 収益成長11.9%収益成長率14.3%将来の株主資本利益率15.38%アナリストカバレッジGood最終更新日06 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • 22hNow 25% overvaluedOver the last 90 days, the stock has fallen 34% to €17.80. The fair value is estimated to be €14.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 95%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are forecast to decline by 6.6% per annum over the same time period.New Risk • Jun 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 9.1% per year for the foreseeable future. High level of non-cash earnings (28% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Jun 09Nitto Boseki Co., Ltd. to Report Q1, 2027 Results on Aug 05, 2026Nitto Boseki Co., Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €109, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 586% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €67.17 per share.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €114, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 884% over the past three years.お知らせ • May 12Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2026Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2026.お知らせ • Mar 17Nitto Boseki Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2026Nitto Boseki Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2026お知らせ • Dec 06Nitto Boseki Co., Ltd. to Report Q3, 2026 Results on Feb 05, 2026Nitto Boseki Co., Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026お知らせ • Sep 03Nitto Boseki Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Nitto Boseki Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025お知らせ • Jun 11Nitto Boseki Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nitto Boseki Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025お知らせ • May 09Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2025Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2025.お知らせ • Mar 05Nitto Boseki Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Nitto Boseki Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025お知らせ • Dec 07Nitto Boseki Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025Nitto Boseki Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025Valuation Update With 7 Day Price Move • Nov 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €38.20, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 61% over the past three years.Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥59.33 (vs JP¥67.48 in 2Q 2024)Second quarter 2025 results: EPS: JP¥59.33 (down from JP¥67.48 in 2Q 2024). Revenue: JP¥26.9b (up 20% from 2Q 2024). Net income: JP¥2.16b (down 12% from 2Q 2024). Profit margin: 8.0% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 20Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.0%).お知らせ • Sep 03Nitto Boseki Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Nitto Boseki Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥89.29 (vs JP¥29.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥89.29 (up from JP¥29.09 in 1Q 2024). Revenue: JP¥26.1b (up 29% from 1Q 2024). Net income: JP¥3.25b (up 207% from 1Q 2024). Profit margin: 12% (up from 5.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥200 (vs JP¥73.92 in FY 2023)Full year 2024 results: EPS: JP¥200 (up from JP¥73.92 in FY 2023). Revenue: JP¥93.3b (up 6.5% from FY 2023). Net income: JP¥7.30b (up 163% from FY 2023). Profit margin: 7.8% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • May 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to €44.40. The fair value is estimated to be €36.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €40.20, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.00 per share.Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥200 (vs JP¥73.92 in FY 2023)Full year 2024 results: EPS: JP¥200 (up from JP¥73.92 in FY 2023). Revenue: JP¥93.3b (up 6.5% from FY 2023). Net income: JP¥7.30b (up 163% from FY 2023). Profit margin: 7.8% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 11Nitto Boseki Co., Ltd., Annual General Meeting, Jun 20, 2024Nitto Boseki Co., Ltd., Annual General Meeting, Jun 20, 2024.お知らせ • Mar 28Nitto Boseki Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Nitto Boseki Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.3%).Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥50.81 (vs JP¥9.12 in 3Q 2023)Third quarter 2024 results: EPS: JP¥50.81 (up from JP¥9.12 in 3Q 2023). Revenue: JP¥25.3b (up 17% from 3Q 2023). Net income: JP¥1.85b (up 449% from 3Q 2023). Profit margin: 7.3% (up from 1.6% in 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Nov 29Nitto Boseki Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Nitto Boseki Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥67.48 (vs JP¥70.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥67.48 (down from JP¥70.81 in 2Q 2023). Revenue: JP¥22.4b (down 3.3% from 2Q 2023). Net income: JP¥2.46b (down 8.6% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.7%).お知らせ • Aug 31Nitto Boseki Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Nitto Boseki Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥29.09 (vs JP¥124 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.09 (down from JP¥124 in 1Q 2023). Revenue: JP¥20.3b (down 15% from 1Q 2023). Net income: JP¥1.06b (down 78% from 1Q 2023). Profit margin: 5.2% (down from 20% in 1Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Jun 09Nitto Boseki Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Nitto Boseki Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €13.70, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Building industry in Europe. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.16 per share.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥73.92 (vs JP¥168 in FY 2022)Full year 2023 results: EPS: JP¥73.92 (down from JP¥168 in FY 2022). Revenue: JP¥87.5b (up 4.1% from FY 2022). Net income: JP¥2.77b (down 57% from FY 2022). Profit margin: 3.2% (down from 7.8% in FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.お知らせ • May 14Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2023Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥9.12 (vs JP¥68.36 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.12 (down from JP¥68.36 in 3Q 2022). Revenue: JP¥21.7b (up 3.3% from 3Q 2022). Net income: JP¥337.0m (down 87% from 3Q 2022). Profit margin: 1.6% (down from 13% in 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Jan 05Lifedrink Company, Inc. (TSE:2585) completed the acquisition of Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110).Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion on November 8, 2022. Lifedrink Companywill acquire 1,600 shares of Nitto Beverage Co.. Nitto Beverage recorded net asset of ¥1.5 billion, total assets of ¥2.1 billion, net sales of ¥3.5 billion, operating profit of ¥74 million and profit of ¥56 million for the year ended March 31, 2022. The transaction is expected to close on January 4, 2023Lifedrink Company, Inc. (TSE:2585) completed the acquisition of Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on January 4, 2023.お知らせ • Dec 02Nitto Boseki Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Nitto Boseki Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥70.81 (vs JP¥39.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥70.81 (up from JP¥39.36 in 2Q 2022). Revenue: JP¥23.2b (up 13% from 2Q 2022). Net income: JP¥2.69b (up 76% from 2Q 2022). Profit margin: 12% (up from 7.4% in 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Yasuharu Nakajima was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥70.81 (vs JP¥39.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥70.81 (up from JP¥39.36 in 2Q 2022). Revenue: JP¥23.2b (up 13% from 2Q 2022). Net income: JP¥2.69b (up 76% from 2Q 2022). Profit margin: 12% (up from 7.4% in 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Nov 09Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion.Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion on November 8, 2022. Lifedrink Companywill acquire 1,600 shares of Nitto Beverage Co.. Nitto Beverage recorded net asset of ¥1.5 billion, total assets of ¥2.1 billion, net sales of ¥3.5 billion, operating profit of ¥74 million and profit of ¥56 million for the year ended March 31, 2022. The transaction is expected to close on January 4, 2023Board Change • Oct 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Yasuharu Nakajima was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 22Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.4%).お知らせ • Aug 28Nitto Boseki Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022Nitto Boseki Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥124 (vs JP¥21.01 in 1Q 2022)First quarter 2023 results: EPS: JP¥124 (up from JP¥21.01 in 1Q 2022). Revenue: JP¥23.8b (up 16% from 1Q 2022). Net income: JP¥4.79b (up 487% from 1Q 2022). Profit margin: 20% (up from 4.0% in 1Q 2022). Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Jun 08Nitto Boseki Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022Nitto Boseki Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 23% over the past three years.お知らせ • May 25Nitto Boseki Co., Ltd. (TSE:3110) announces an Equity Buyback for 2,730,000 shares, representing 7% for ¥5,000 million.Nitto Boseki Co., Ltd. (TSE:3110) announces a share repurchase program. Under the program, the company will repurchase up to 2,730,000 shares, representing 7% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The program will continue through May 24, 2023. On May 24, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 400,000 shares through an off-auction own share repurchase transaction (ToSTNeT-3) on May 25, 2022.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥168 (vs JP¥209 in FY 2021)Full year 2022 results: EPS: JP¥168 (down from JP¥209 in FY 2021). Revenue: JP¥84.1b (up 6.8% from FY 2021). Net income: JP¥6.52b (down 20% from FY 2021). Profit margin: 7.8% (down from 10% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.4%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 14Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2022Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2022.お知らせ • Apr 07Nitto Boseki Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Nitto Boseki Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €19.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Building industry in Europe. Total returns to shareholders of 59% over the past three years.Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥68.35 (up from JP¥21.19 loss in 3Q 2021). Revenue: JP¥21.0b (up 4.7% from 3Q 2021). Net income: JP¥2.65b (up JP¥3.47b from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buying Opportunity • Jan 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be JP¥26.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12% per annum over the last 3 years.Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥39.36 (vs JP¥5.64 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥20.6b (up 10.0% from 2Q 2021). Net income: JP¥1.53b (up JP¥1.31b from 2Q 2021). Profit margin: 7.4% (up from 1.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 14 December 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.4%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥21.01 (vs JP¥221 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥20.5b (up 4.8% from 1Q 2021). Net income: JP¥815.0m (down 91% from 1Q 2021). Profit margin: 4.0% (down from 44% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • May 13Full year 2021 earnings released: EPS JP¥209 (vs JP¥149 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¥78.7b (down 8.2% from FY 2020). Net income: JP¥8.10b (up 40% from FY 2020). Profit margin: 10% (up from 6.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 23Upcoming Dividend of JP¥22.50 Per ShareWill be paid on the 26th of June to those who are registered shareholders by the 30th of March. The trailing yield of 1.1% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (1.7%).Is New 90 Day High Low • Feb 27New 90-day low: €30.60The company is down 11% from its price of €34.40 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.81 per share.Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥21.19 loss per share (vs JP¥45.44 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.1b (down 5.6% from 3Q 2020). Net loss: JP¥822.0m (down 147% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 11%, compared to a 3.9% growth forecast for the Building industry in Germany.Is New 90 Day High Low • Jan 28New 90-day high: €38.60The company is up 25% from its price of €30.80 on 30 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.47 per share.Is New 90 Day High Low • Jan 08New 90-day high: €35.80The company is up 5.0% from its price of €34.20 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.30 per share.お知らせ • Dec 03Nitto Boseki Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021Nitto Boseki Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021Reported Earnings • Nov 08Second quarter 2021 earnings released: EPS JP¥5.64The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥18.7b (down 16% from 2Q 2020). Net income: JP¥219.0m (down 80% from 2Q 2020). Profit margin: 1.2% (down from 4.9% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 08Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 7.1%, compared to a 2.6% growth forecast for the Building industry in Germany.Is New 90 Day High Low • Oct 27New 90-day low: €31.00The company is down 20% from its price of €38.80 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.72 per share.お知らせ • Sep 19Nitto Boseki Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020Nitto Boseki Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020お知らせ • Jul 31Zhejiang Yinyu New Material Co., Ltd. completed the acquisition of Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110).Zhejiang Yinyu New Material Co., Ltd. intends to acquire Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on April 18, 2019. The contract is plan to sign on April 18, 2019. As of December 31, 2018, Nittobo (China) reported total common equity of CNY 137 million. total assets of CNY 149 million, revenue of CNY 120 million, negative EBIT of CNY 3 million and net loss of CNY 2 million. The transaction was resolved by the board of directors of Nitto Boseki on April 18, 2019. The transaction is subject to approval of Chinese authorities. Zhejiang Yinyu New Material Co., Ltd. completed the acquisition of Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on May 21, 2019.お知らせ • Jun 19Nitto Boseki Co., Ltd. to Report Q1, 2021 Results on Aug 06, 2020Nitto Boseki Co., Ltd. announced that they will report Q1, 2021 results on Aug 06, 2020業績と収益の成長予測DB:NB5 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029182,78934,27112,77442,83083/31/2028159,86726,3281,95932,16593/31/2027138,99819,638-22,20320,41793/31/2026118,22941,770-3,22217,296N/A12/31/2025115,10938,526N/AN/AN/A9/30/2025113,39614,30480915,820N/A6/30/2025111,15112,733N/AN/AN/A3/31/2025109,03512,8375,98319,121N/A12/31/2024106,73211,351N/AN/AN/A9/30/2024103,5709,1916,02015,395N/A6/30/202499,0719,488N/AN/AN/A3/31/202493,2537,296-1,8925,057N/A12/31/202386,808327N/AN/AN/A9/30/202383,226-1,186-4,6251,399N/A6/30/202383,999-956N/AN/AN/A3/31/202387,5292,7724707,643N/A12/31/202290,6939,336N/AN/AN/A9/30/202290,00211,651-2,5219,726N/A6/30/202287,36010,491N/AN/AN/A3/31/202284,0516,519-10,3616,965N/A12/31/202182,4705,128N/AN/AN/A9/30/202181,5331,654-11,8274,964N/A6/30/202179,661346N/AN/AN/A3/31/202178,7278,100-6,0257,815N/A12/31/202080,0389,909N/AN/AN/A9/30/202081,24012,494-1,80412,203N/A6/30/202084,68513,359N/AN/AN/A3/31/202085,7225,771-6,56210,614N/A12/31/201983,1726,245N/AN/AN/A9/30/201983,5525,515N/A8,753N/A6/30/201982,4637,397N/AN/AN/A3/31/201982,2927,984N/A5,317N/A12/31/201883,1146,854N/AN/AN/A9/30/201882,8567,359N/A4,263N/A6/30/201883,5759,405N/AN/AN/A3/31/201884,52610,253N/A7,791N/A12/31/201785,62310,482N/AN/AN/A9/30/201785,60311,273N/A10,604N/A6/30/201784,6978,267N/AN/AN/A3/31/201783,3247,479N/A11,034N/A12/31/201683,0077,395N/AN/AN/A9/30/201683,2846,548N/A13,097N/A6/30/201684,1625,261N/AN/AN/A3/31/201686,1995,598N/A16,677N/A12/31/201589,2084,805N/AN/AN/A9/30/201590,5065,049N/A17,170N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: NB5の収益は今後 3 年間で減少すると予測されています (年間-6.6% )。収益対市場: NB5の収益は今後 3 年間で減少すると予測されています (年間-6.6% )。高成長収益: NB5の収益は今後 3 年間で減少すると予測されています。収益対市場: NB5の収益 ( 14.3% ) German市場 ( 6.6% ) よりも速いペースで成長すると予測されています。高い収益成長: NB5の収益 ( 14.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NB5の 自己資本利益率 は、3年後には低くなると予測されています ( 15.4 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/22 20:44終値2026/07/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nitto Boseki Co., Ltd. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Takashi EnomotoBofA Global ResearchYuta NishiyamaCitigroup IncMakoto KurosawaCLSA10 その他のアナリストを表示
Buy Or Sell Opportunity • 22hNow 25% overvaluedOver the last 90 days, the stock has fallen 34% to €17.80. The fair value is estimated to be €14.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 95%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are forecast to decline by 6.6% per annum over the same time period.
New Risk • Jun 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 9.1% per year for the foreseeable future. High level of non-cash earnings (28% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Jun 09Nitto Boseki Co., Ltd. to Report Q1, 2027 Results on Aug 05, 2026Nitto Boseki Co., Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €109, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 586% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €67.17 per share.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €114, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 884% over the past three years.
お知らせ • May 12Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2026Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2026.
お知らせ • Mar 17Nitto Boseki Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2026Nitto Boseki Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2026
お知らせ • Dec 06Nitto Boseki Co., Ltd. to Report Q3, 2026 Results on Feb 05, 2026Nitto Boseki Co., Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026
お知らせ • Sep 03Nitto Boseki Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Nitto Boseki Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025
お知らせ • Jun 11Nitto Boseki Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nitto Boseki Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
お知らせ • May 09Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2025Nitto Boseki Co., Ltd., Annual General Meeting, Jun 19, 2025.
お知らせ • Mar 05Nitto Boseki Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Nitto Boseki Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
お知らせ • Dec 07Nitto Boseki Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025Nitto Boseki Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €38.20, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥59.33 (vs JP¥67.48 in 2Q 2024)Second quarter 2025 results: EPS: JP¥59.33 (down from JP¥67.48 in 2Q 2024). Revenue: JP¥26.9b (up 20% from 2Q 2024). Net income: JP¥2.16b (down 12% from 2Q 2024). Profit margin: 8.0% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.0%).
お知らせ • Sep 03Nitto Boseki Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Nitto Boseki Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥89.29 (vs JP¥29.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥89.29 (up from JP¥29.09 in 1Q 2024). Revenue: JP¥26.1b (up 29% from 1Q 2024). Net income: JP¥3.25b (up 207% from 1Q 2024). Profit margin: 12% (up from 5.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥200 (vs JP¥73.92 in FY 2023)Full year 2024 results: EPS: JP¥200 (up from JP¥73.92 in FY 2023). Revenue: JP¥93.3b (up 6.5% from FY 2023). Net income: JP¥7.30b (up 163% from FY 2023). Profit margin: 7.8% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • May 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to €44.40. The fair value is estimated to be €36.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €40.20, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.00 per share.
Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥200 (vs JP¥73.92 in FY 2023)Full year 2024 results: EPS: JP¥200 (up from JP¥73.92 in FY 2023). Revenue: JP¥93.3b (up 6.5% from FY 2023). Net income: JP¥7.30b (up 163% from FY 2023). Profit margin: 7.8% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 11Nitto Boseki Co., Ltd., Annual General Meeting, Jun 20, 2024Nitto Boseki Co., Ltd., Annual General Meeting, Jun 20, 2024.
お知らせ • Mar 28Nitto Boseki Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Nitto Boseki Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.3%).
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥50.81 (vs JP¥9.12 in 3Q 2023)Third quarter 2024 results: EPS: JP¥50.81 (up from JP¥9.12 in 3Q 2023). Revenue: JP¥25.3b (up 17% from 3Q 2023). Net income: JP¥1.85b (up 449% from 3Q 2023). Profit margin: 7.3% (up from 1.6% in 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 29Nitto Boseki Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Nitto Boseki Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥67.48 (vs JP¥70.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥67.48 (down from JP¥70.81 in 2Q 2023). Revenue: JP¥22.4b (down 3.3% from 2Q 2023). Net income: JP¥2.46b (down 8.6% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.7%).
お知らせ • Aug 31Nitto Boseki Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Nitto Boseki Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥29.09 (vs JP¥124 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.09 (down from JP¥124 in 1Q 2023). Revenue: JP¥20.3b (down 15% from 1Q 2023). Net income: JP¥1.06b (down 78% from 1Q 2023). Profit margin: 5.2% (down from 20% in 1Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 09Nitto Boseki Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Nitto Boseki Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €13.70, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Building industry in Europe. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.16 per share.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥73.92 (vs JP¥168 in FY 2022)Full year 2023 results: EPS: JP¥73.92 (down from JP¥168 in FY 2022). Revenue: JP¥87.5b (up 4.1% from FY 2022). Net income: JP¥2.77b (down 57% from FY 2022). Profit margin: 3.2% (down from 7.8% in FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
お知らせ • May 14Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2023Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥9.12 (vs JP¥68.36 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.12 (down from JP¥68.36 in 3Q 2022). Revenue: JP¥21.7b (up 3.3% from 3Q 2022). Net income: JP¥337.0m (down 87% from 3Q 2022). Profit margin: 1.6% (down from 13% in 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Jan 05Lifedrink Company, Inc. (TSE:2585) completed the acquisition of Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110).Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion on November 8, 2022. Lifedrink Companywill acquire 1,600 shares of Nitto Beverage Co.. Nitto Beverage recorded net asset of ¥1.5 billion, total assets of ¥2.1 billion, net sales of ¥3.5 billion, operating profit of ¥74 million and profit of ¥56 million for the year ended March 31, 2022. The transaction is expected to close on January 4, 2023Lifedrink Company, Inc. (TSE:2585) completed the acquisition of Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on January 4, 2023.
お知らせ • Dec 02Nitto Boseki Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Nitto Boseki Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥70.81 (vs JP¥39.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥70.81 (up from JP¥39.36 in 2Q 2022). Revenue: JP¥23.2b (up 13% from 2Q 2022). Net income: JP¥2.69b (up 76% from 2Q 2022). Profit margin: 12% (up from 7.4% in 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Yasuharu Nakajima was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥70.81 (vs JP¥39.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥70.81 (up from JP¥39.36 in 2Q 2022). Revenue: JP¥23.2b (up 13% from 2Q 2022). Net income: JP¥2.69b (up 76% from 2Q 2022). Profit margin: 12% (up from 7.4% in 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Nov 09Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion.Lifedrink Company, Inc. (TSE:2585) entered into an agreement to acquire Nitto Beverage Co.,Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) for ¥1.6 billion on November 8, 2022. Lifedrink Companywill acquire 1,600 shares of Nitto Beverage Co.. Nitto Beverage recorded net asset of ¥1.5 billion, total assets of ¥2.1 billion, net sales of ¥3.5 billion, operating profit of ¥74 million and profit of ¥56 million for the year ended March 31, 2022. The transaction is expected to close on January 4, 2023
Board Change • Oct 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Yasuharu Nakajima was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.4%).
お知らせ • Aug 28Nitto Boseki Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022Nitto Boseki Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥124 (vs JP¥21.01 in 1Q 2022)First quarter 2023 results: EPS: JP¥124 (up from JP¥21.01 in 1Q 2022). Revenue: JP¥23.8b (up 16% from 1Q 2022). Net income: JP¥4.79b (up 487% from 1Q 2022). Profit margin: 20% (up from 4.0% in 1Q 2022). Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Jun 08Nitto Boseki Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022Nitto Boseki Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 23% over the past three years.
お知らせ • May 25Nitto Boseki Co., Ltd. (TSE:3110) announces an Equity Buyback for 2,730,000 shares, representing 7% for ¥5,000 million.Nitto Boseki Co., Ltd. (TSE:3110) announces a share repurchase program. Under the program, the company will repurchase up to 2,730,000 shares, representing 7% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The program will continue through May 24, 2023. On May 24, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 400,000 shares through an off-auction own share repurchase transaction (ToSTNeT-3) on May 25, 2022.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥168 (vs JP¥209 in FY 2021)Full year 2022 results: EPS: JP¥168 (down from JP¥209 in FY 2021). Revenue: JP¥84.1b (up 6.8% from FY 2021). Net income: JP¥6.52b (down 20% from FY 2021). Profit margin: 7.8% (down from 10% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.4%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 14Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2022Nitto Boseki Co., Ltd., Annual General Meeting, Jun 28, 2022.
お知らせ • Apr 07Nitto Boseki Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Nitto Boseki Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €19.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Building industry in Europe. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥68.35 (up from JP¥21.19 loss in 3Q 2021). Revenue: JP¥21.0b (up 4.7% from 3Q 2021). Net income: JP¥2.65b (up JP¥3.47b from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buying Opportunity • Jan 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be JP¥26.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12% per annum over the last 3 years.
Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥39.36 (vs JP¥5.64 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥20.6b (up 10.0% from 2Q 2021). Net income: JP¥1.53b (up JP¥1.31b from 2Q 2021). Profit margin: 7.4% (up from 1.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 14 December 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.4%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥21.01 (vs JP¥221 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥20.5b (up 4.8% from 1Q 2021). Net income: JP¥815.0m (down 91% from 1Q 2021). Profit margin: 4.0% (down from 44% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • May 13Full year 2021 earnings released: EPS JP¥209 (vs JP¥149 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¥78.7b (down 8.2% from FY 2020). Net income: JP¥8.10b (up 40% from FY 2020). Profit margin: 10% (up from 6.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 23Upcoming Dividend of JP¥22.50 Per ShareWill be paid on the 26th of June to those who are registered shareholders by the 30th of March. The trailing yield of 1.1% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (1.7%).
Is New 90 Day High Low • Feb 27New 90-day low: €30.60The company is down 11% from its price of €34.40 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.81 per share.
Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥21.19 loss per share (vs JP¥45.44 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.1b (down 5.6% from 3Q 2020). Net loss: JP¥822.0m (down 147% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 11%, compared to a 3.9% growth forecast for the Building industry in Germany.
Is New 90 Day High Low • Jan 28New 90-day high: €38.60The company is up 25% from its price of €30.80 on 30 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.47 per share.
Is New 90 Day High Low • Jan 08New 90-day high: €35.80The company is up 5.0% from its price of €34.20 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.30 per share.
お知らせ • Dec 03Nitto Boseki Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021Nitto Boseki Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021
Reported Earnings • Nov 08Second quarter 2021 earnings released: EPS JP¥5.64The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥18.7b (down 16% from 2Q 2020). Net income: JP¥219.0m (down 80% from 2Q 2020). Profit margin: 1.2% (down from 4.9% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 08Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 7.1%, compared to a 2.6% growth forecast for the Building industry in Germany.
Is New 90 Day High Low • Oct 27New 90-day low: €31.00The company is down 20% from its price of €38.80 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.72 per share.
お知らせ • Sep 19Nitto Boseki Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020Nitto Boseki Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020
お知らせ • Jul 31Zhejiang Yinyu New Material Co., Ltd. completed the acquisition of Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110).Zhejiang Yinyu New Material Co., Ltd. intends to acquire Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on April 18, 2019. The contract is plan to sign on April 18, 2019. As of December 31, 2018, Nittobo (China) reported total common equity of CNY 137 million. total assets of CNY 149 million, revenue of CNY 120 million, negative EBIT of CNY 3 million and net loss of CNY 2 million. The transaction was resolved by the board of directors of Nitto Boseki on April 18, 2019. The transaction is subject to approval of Chinese authorities. Zhejiang Yinyu New Material Co., Ltd. completed the acquisition of Nittobo (China) Co., Ltd. from Nitto Boseki Co., Ltd. (TSE:3110) on May 21, 2019.
お知らせ • Jun 19Nitto Boseki Co., Ltd. to Report Q1, 2021 Results on Aug 06, 2020Nitto Boseki Co., Ltd. announced that they will report Q1, 2021 results on Aug 06, 2020