Nikkiso（NKO）株式概要日機装株式会社は、世界中で産業、航空宇宙、医療事業を展開している。 詳細NKO ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長2/6過去の実績5/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より42.3%で取引されている 収益は年間9.91%増加すると予測されています 過去1年間で収益は96.7%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析リスクチェックの結果、NKO 、リスクは検出されなかった。すべてのリスクチェックを見るNKO Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€18.007.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1b332b2016201920222025202620282031Revenue JP¥331.7bEarnings JP¥21.7bAdvancedSet Fair ValueView all narrativesNikkiso Co., Ltd. 競合他社KSB SE KGaASymbol: XTRA:KSBMarket cap: €1.5bMaschinenfabrik Berthold HermleSymbol: DB:MBH3Market cap: €847.5mPfeiffer Vacuum TechnologySymbol: XTRA:PFVMarket cap: €1.7bMühlbauer HoldingSymbol: XTRA:MUBMarket cap: €564.8m価格と性能株価の高値、安値、推移の概要Nikkiso過去の株価現在の株価JP¥18.0052週高値JP¥18.3052週安値JP¥6.80ベータ0.511ヶ月の変化27.66%3ヶ月変化39.53%1年変化158.99%3年間の変化207.69%5年間の変化102.25%IPOからの変化252.94%最新ニュースValuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €17.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 206% over the past three years.Reported Earnings • May 21First quarter 2026 earnings released: EPS: JP¥48.36 (vs JP¥34.17 in 1Q 2025)First quarter 2026 results: EPS: JP¥48.36 (up from JP¥34.17 in 1Q 2025). Revenue: JP¥55.4b (up 15% from 1Q 2025). Net income: JP¥3.16b (up 39% from 1Q 2025). Profit margin: 5.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Junko Yamaguchi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 26Nikkiso Co., Ltd. to Report Q2, 2026 Results on Aug 14, 2026Nikkiso Co., Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026お知らせ • Apr 25+ 2 more updatesNikkiso Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Nikkiso Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026お知らせ • Feb 14+ 1 more updateNikkiso Co., Ltd. Provides Consolidated Earnings Forecast for the First Half of 2026 and Fiscal Year Ending December 31, 2026Nikkiso Co., Ltd. provided consolidated earnings forecast for the first half of 2026 and fiscal year ending December 31, 2026. For the six months, the company expected revenue of ¥116,300 million, operating profit of ¥5,900 million, Profit attributable to owners of parent of ¥4,800 million and Basic earnings per share of ¥73.55. For the year, the company expected revenue of ¥233,500 million, operating profit of ¥16,500 million, Profit attributable to owners of parent of ¥13,000 million and Basic earnings per share of ¥199.19.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €17.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 206% over the past three years.Reported Earnings • May 21First quarter 2026 earnings released: EPS: JP¥48.36 (vs JP¥34.17 in 1Q 2025)First quarter 2026 results: EPS: JP¥48.36 (up from JP¥34.17 in 1Q 2025). Revenue: JP¥55.4b (up 15% from 1Q 2025). Net income: JP¥3.16b (up 39% from 1Q 2025). Profit margin: 5.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Junko Yamaguchi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 26Nikkiso Co., Ltd. to Report Q2, 2026 Results on Aug 14, 2026Nikkiso Co., Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026お知らせ • Apr 25+ 2 more updatesNikkiso Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Nikkiso Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026お知らせ • Feb 14+ 1 more updateNikkiso Co., Ltd. Provides Consolidated Earnings Forecast for the First Half of 2026 and Fiscal Year Ending December 31, 2026Nikkiso Co., Ltd. provided consolidated earnings forecast for the first half of 2026 and fiscal year ending December 31, 2026. For the six months, the company expected revenue of ¥116,300 million, operating profit of ¥5,900 million, Profit attributable to owners of parent of ¥4,800 million and Basic earnings per share of ¥73.55. For the year, the company expected revenue of ¥233,500 million, operating profit of ¥16,500 million, Profit attributable to owners of parent of ¥13,000 million and Basic earnings per share of ¥199.19.お知らせ • Feb 13Nikkiso Co., Ltd., Annual General Meeting, Mar 27, 2026Nikkiso Co., Ltd., Annual General Meeting, Mar 27, 2026.お知らせ • May 29Nikkiso Co., Ltd. Announces an Appeal to the Tokyo High Court Against Tax Reassessment Under the Controlled Foreign Company Tax RegimeNikkiso Co., Ltd. received a notice of reassessment for the 2018 business income of Nikkiso International Co., Ltd., which is the parent company of three (3) foreign subsidiaries under the Clean Energy & Industrial Gas Group (the "CE&IE Group"), a consolidated subsidiary group of the Company. The reassessment was based on the grounds that these foreign subsidiaries did not satisfy the exemption requirements under the CFC tax regime. As the Company did not agree with the decision, it filed a lawsuit with the Tokyo District Court seeking revocation of the tax reassessment. However, the court dismissed the Company's claims in the ruling dated May 16, 2025. Accordingly, the Company hereby announces that, in response to the court's ruling, it has decided to file an appeal with the Tokyo High Court on May 29, 2025. Future Outlook: The Company finds it deeply regrettable that its claims were not accepted and is unable to accept the ruling. Accordingly, the Company will file an appeal with the Tokyo High Court to reassert its legitimacy. Associated with this matter, the Company recorded corporate income tax of approximately JPY 1.7 billion in the fiscal year ended December 31, 2021, and the tax payment has already been completed. Should any material developments requiring disclosure arise, the Company will disclose them in a timely manner.お知らせ • May 09+ 2 more updatesNikkiso Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Nikkiso Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026お知らせ • Mar 06Nikkiso Co., Ltd. to Report Q1, 2025 Results on May 15, 2025Nikkiso Co., Ltd. announced that they will report Q1, 2025 results on May 15, 2025お知らせ • Feb 14Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2025Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2025.New Risk • Sep 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.1% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.4% net profit margin).Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥47.21 (vs JP¥56.05 in 2Q 2023)Second quarter 2024 results: EPS: JP¥47.21 (down from JP¥56.05 in 2Q 2023). Revenue: JP¥54.4b (up 17% from 2Q 2023). Net income: JP¥3.13b (down 16% from 2Q 2023). Profit margin: 5.7% (down from 8.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €5.90, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 15x in the Machinery industry in Germany. Total loss to shareholders of 25% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 12 September 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: JP¥42.70 (vs JP¥2.46 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.70 (up from JP¥2.46 in 1Q 2023). Revenue: JP¥48.3b (up 18% from 1Q 2023). Net income: JP¥2.83b (up JP¥2.66b from 1Q 2023). Profit margin: 5.9% (up from 0.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Apr 26+ 2 more updatesNikkiso Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Nikkiso Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025お知らせ • Mar 09Nikkiso Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Nikkiso Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2024Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥137 (vs JP¥195 in FY 2022)Full year 2023 results: EPS: JP¥137 (down from JP¥195 in FY 2022). Revenue: JP¥192.6b (up 8.8% from FY 2022). Net income: JP¥9.07b (down 34% from FY 2022). Profit margin: 4.7% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.New Risk • Jan 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (8.4% increase in shares outstanding).Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.50 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.7%).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥36.19 (vs JP¥185 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.19 (down from JP¥185 in 3Q 2022). Revenue: JP¥46.3b (up 6.0% from 3Q 2022). Net income: JP¥2.40b (down 82% from 3Q 2022). Profit margin: 5.2% (down from 30% in 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥56.06 (vs JP¥18.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥56.06 (up from JP¥18.05 in 2Q 2022). Revenue: JP¥46.4b (down 1.0% from 2Q 2022). Net income: JP¥3.71b (up 189% from 2Q 2022). Profit margin: 8.0% (up from 2.7% in 2Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • Jul 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 35% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 35% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Upcoming Dividend • Jun 22Upcoming dividend of JP¥12.50 per share at 2.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.8%).Reported Earnings • May 19First quarter 2023 earnings released: EPS: JP¥2.46 (vs JP¥8.76 in 1Q 2022)First quarter 2023 results: EPS: JP¥2.46 (down from JP¥8.76 in 1Q 2022). Revenue: JP¥40.9b (flat on 1Q 2022). Net income: JP¥163.0m (down 74% from 1Q 2022). Profit margin: 0.4% (down from 1.5% in 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2023Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2023.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥195 (vs JP¥3.10 in FY 2021)Full year 2022 results: EPS: JP¥195 (up from JP¥3.10 in FY 2021). Revenue: JP¥177.1b (up 5.6% from FY 2021). Net income: JP¥13.6b (up JP¥13.4b from FY 2021). Profit margin: 7.7% (up from 0.1% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the Machinery industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.8%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Mitsuaki Nakakubo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: JP¥18.06 (vs JP¥20.66 loss in 2Q 2021)Second quarter 2022 results: EPS: JP¥18.06 (up from JP¥20.66 loss in 2Q 2021). Revenue: JP¥46.8b (up 19% from 2Q 2021). Net income: JP¥1.29b (up JP¥2.76b from 2Q 2021). Profit margin: 2.7% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 9.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Aug 16Nikkiso Co., Ltd. (TSE:6376) announces an Equity Buyback for 8,350,000 shares, representing 11.72% for ¥5,000 million.Nikkiso Co., Ltd. (TSE:6376) announces a share repurchase program. Under the program, the company will repurchase 8,350,000 shares, representing 11.24% of the outstanding shares, for ¥5,000 million. The purpose of the program is to return profits to shareholders based on comprehensive consideration of factors such as performance and the business environment. The program will run until December 31, 2022. As of June 30, 2022, the company had 71,272,693 shares outstanding (excluding treasury stock) and 3,013,771 shares in treasury.Upcoming Dividend • Jun 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.7%).Reported Earnings • May 22First quarter 2022 earnings released: EPS: JP¥8.76 (vs JP¥31.24 in 1Q 2021)First quarter 2022 results: EPS: JP¥8.76 (down from JP¥31.24 in 1Q 2021). Revenue: JP¥40.7b (up 6.5% from 1Q 2021). Net income: JP¥624.0m (down 72% from 1Q 2021). Profit margin: 1.5% (down from 5.8% in 1Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% 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.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Mitsuaki Nakakubo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: JP¥3.10 (down from JP¥92.08 in FY 2020). Revenue: JP¥167.8b (up 5.8% from FY 2020). Net income: JP¥221.0m (down 97% from FY 2020). Profit margin: 0.1% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Over the next year, revenue is expected to shrink by 2.0% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% 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.お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2022Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2022.Upcoming Dividend • Dec 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 March 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS JP¥3.21 (vs JP¥19.77 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥41.2b (up 12% from 3Q 2020). Net income: JP¥229.0m (down 84% from 3Q 2020). Profit margin: 0.6% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥6.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Machinery industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.61 per share.Reported Earnings • Aug 13Second quarter 2021 earnings released: JP¥20.66 loss per share (vs JP¥29.63 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: JP¥39.3b (up 2.5% from 2Q 2020). Net loss: JP¥1.47b (down 170% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 September 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).Reported Earnings • May 19First quarter 2021 earnings released: EPS JP¥31.24 (vs JP¥10.29 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥38.3b (up 4.9% from 1Q 2020). Net income: JP¥2.23b (up 204% from 1Q 2020). Profit margin: 5.8% (up from 2.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Apr 06Full year 2020 earnings released: EPS JP¥92.08 (vs JP¥95.67 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥158.5b (down 4.4% from FY 2019). Net income: JP¥6.56b (down 3.7% from FY 2019). Profit margin: 4.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.Is New 90 Day High Low • Mar 02New 90-day high: €8.70The company is up 7.0% from its price of €8.10 on 01 December 2020. The German market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.88 per share.お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2021Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2021.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥92.08 (vs JP¥95.67 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥158.5b (down 4.4% from FY 2019). Net income: JP¥6.56b (down 3.7% from FY 2019). Profit margin: 4.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 16%, compared to a 5.0% growth forecast for the Machinery industry in Germany.Is New 90 Day High Low • Feb 10New 90-day high: €8.50The company is up 2.0% from its price of €8.35 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery 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 €4.93 per share.Is New 90 Day High Low • Dec 28New 90-day low: €7.75The company is down 15% from its price of €9.10 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.68 per share.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 10th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.0% is below the top quartile of German dividend payers (3.5%), but is in line with industry peers (1.8%).Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS JP¥19.78The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥36.9b (down 13% from 3Q 2019). Net income: JP¥1.41b (down 48% from 3Q 2019). Profit margin: 3.8% (down from 6.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Nov 15Revenue misses expectationsRevenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 5.3%, compared to a 2.6% growth forecast for the Machinery industry in Germany.株主還元NKODE MachineryDE 市場7D8.4%-2.1%-2.9%1Y159.0%-1.1%-0.8%株主還元を見る業界別リターン: NKO過去 1 年間で-1.1 % の収益を上げたGerman Machinery業界を上回りました。リターン対市場: NKO過去 1 年間で-0.8 % の収益を上げたGerman市場を上回りました。価格変動Is NKO's price volatile compared to industry and market?NKO volatilityNKO Average Weekly Movement7.5%Machinery Industry Average Movement5.1%Market Average Movement5.9%10% most volatile stocks in DE Market13.0%10% least volatile stocks in DE Market2.7%安定した株価: NKO 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: NKOの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19508,120Koichi Katowww.nikkiso.co.jp日機装株式会社は、世界中で産業、航空宇宙、医療事業を展開しています。キャンドモータポンプ、レシプロポンプ、計量・混合・脱臭システム、極低温サブマージドモータポンプ、極低温伝熱装置、極低温ポンプ・システム、極低温プロセスプラントなどの極低温製品、発電所向け水質調整システム、セラミック基板製造システム、三次元焼結装置、冷間静水圧プレス、乾燥機などの精密機器を提供。また、エルロン、固定前縁、ウィングレット、ギャップカバー、後部フェアリング、ブロックドア、カスケード、トルクボックス、ファンケースライナーなどの航空機用部品・コンポーネント、人工衛星用チューブ・パネル、血液透析システム、血液チューブライン、透析・フィルター、人工膵臓、急性血液浄化、浄水・空気浄化・分析・医療用深紫外LEDなどを提供している。旧社名は日本機械計装株式会社で、1968年11月に日機装株式会社に社名変更。1950年に法人化され、東京に本社を置く。もっと見るNikkiso Co., Ltd. 基礎のまとめNikkiso の収益と売上を時価総額と比較するとどうか。NKO 基礎統計学時価総額€1.21b収益（TTM）€78.54m売上高(TTM)€1.20b15.3xPER（株価収益率1.0xP/SレシオNKO は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計NKO 損益計算書（TTM）収益JP¥222.69b売上原価JP¥155.84b売上総利益JP¥66.86bその他の費用JP¥52.31b収益JP¥14.54b直近の収益報告Mar 31, 2026次回決算日Aug 14, 2026一株当たり利益（EPS）222.85グロス・マージン30.02%純利益率6.53%有利子負債／自己資本比率52.5%NKO の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.5%現在の配当利回り18%配当性向NKO 配当は確実ですか？NKO 配当履歴とベンチマークを見るNKO 、いつまでに購入すれば配当金を受け取れますか？Nikkiso 配当日配当落ち日Jun 29 2026配当支払日Sep 14 2026配当落ちまでの日数19 days配当支払日までの日数96 daysNKO 配当は確実ですか？NKO 配当履歴とベンチマークを見るView Valuation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2026/06/09 04:55終値2026/06/09 00:00収益2026/03/31年間収益2025/12/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Nikkiso Co., Ltd. 1 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。6 アナリスト機関Yusuke MiuraDaiwa Securities Co. Ltd.Kosuke SaharaMarusan Securities Co. Ltd.Takahiro MoriMizuho Securities Co., Ltd.3 その他のアナリストを表示
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €17.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 206% over the past three years.
Reported Earnings • May 21First quarter 2026 earnings released: EPS: JP¥48.36 (vs JP¥34.17 in 1Q 2025)First quarter 2026 results: EPS: JP¥48.36 (up from JP¥34.17 in 1Q 2025). Revenue: JP¥55.4b (up 15% from 1Q 2025). Net income: JP¥3.16b (up 39% from 1Q 2025). Profit margin: 5.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Junko Yamaguchi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 26Nikkiso Co., Ltd. to Report Q2, 2026 Results on Aug 14, 2026Nikkiso Co., Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026
お知らせ • Apr 25+ 2 more updatesNikkiso Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Nikkiso Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026
お知らせ • Feb 14+ 1 more updateNikkiso Co., Ltd. Provides Consolidated Earnings Forecast for the First Half of 2026 and Fiscal Year Ending December 31, 2026Nikkiso Co., Ltd. provided consolidated earnings forecast for the first half of 2026 and fiscal year ending December 31, 2026. For the six months, the company expected revenue of ¥116,300 million, operating profit of ¥5,900 million, Profit attributable to owners of parent of ¥4,800 million and Basic earnings per share of ¥73.55. For the year, the company expected revenue of ¥233,500 million, operating profit of ¥16,500 million, Profit attributable to owners of parent of ¥13,000 million and Basic earnings per share of ¥199.19.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €17.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 206% over the past three years.
Reported Earnings • May 21First quarter 2026 earnings released: EPS: JP¥48.36 (vs JP¥34.17 in 1Q 2025)First quarter 2026 results: EPS: JP¥48.36 (up from JP¥34.17 in 1Q 2025). Revenue: JP¥55.4b (up 15% from 1Q 2025). Net income: JP¥3.16b (up 39% from 1Q 2025). Profit margin: 5.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Junko Yamaguchi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 26Nikkiso Co., Ltd. to Report Q2, 2026 Results on Aug 14, 2026Nikkiso Co., Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026
お知らせ • Apr 25+ 2 more updatesNikkiso Co., Ltd. to Report Q1, 2026 Results on May 15, 2026Nikkiso Co., Ltd. announced that they will report Q1, 2026 results on May 15, 2026
お知らせ • Feb 14+ 1 more updateNikkiso Co., Ltd. Provides Consolidated Earnings Forecast for the First Half of 2026 and Fiscal Year Ending December 31, 2026Nikkiso Co., Ltd. provided consolidated earnings forecast for the first half of 2026 and fiscal year ending December 31, 2026. For the six months, the company expected revenue of ¥116,300 million, operating profit of ¥5,900 million, Profit attributable to owners of parent of ¥4,800 million and Basic earnings per share of ¥73.55. For the year, the company expected revenue of ¥233,500 million, operating profit of ¥16,500 million, Profit attributable to owners of parent of ¥13,000 million and Basic earnings per share of ¥199.19.
お知らせ • Feb 13Nikkiso Co., Ltd., Annual General Meeting, Mar 27, 2026Nikkiso Co., Ltd., Annual General Meeting, Mar 27, 2026.
お知らせ • May 29Nikkiso Co., Ltd. Announces an Appeal to the Tokyo High Court Against Tax Reassessment Under the Controlled Foreign Company Tax RegimeNikkiso Co., Ltd. received a notice of reassessment for the 2018 business income of Nikkiso International Co., Ltd., which is the parent company of three (3) foreign subsidiaries under the Clean Energy & Industrial Gas Group (the "CE&IE Group"), a consolidated subsidiary group of the Company. The reassessment was based on the grounds that these foreign subsidiaries did not satisfy the exemption requirements under the CFC tax regime. As the Company did not agree with the decision, it filed a lawsuit with the Tokyo District Court seeking revocation of the tax reassessment. However, the court dismissed the Company's claims in the ruling dated May 16, 2025. Accordingly, the Company hereby announces that, in response to the court's ruling, it has decided to file an appeal with the Tokyo High Court on May 29, 2025. Future Outlook: The Company finds it deeply regrettable that its claims were not accepted and is unable to accept the ruling. Accordingly, the Company will file an appeal with the Tokyo High Court to reassert its legitimacy. Associated with this matter, the Company recorded corporate income tax of approximately JPY 1.7 billion in the fiscal year ended December 31, 2021, and the tax payment has already been completed. Should any material developments requiring disclosure arise, the Company will disclose them in a timely manner.
お知らせ • May 09+ 2 more updatesNikkiso Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Nikkiso Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
お知らせ • Mar 06Nikkiso Co., Ltd. to Report Q1, 2025 Results on May 15, 2025Nikkiso Co., Ltd. announced that they will report Q1, 2025 results on May 15, 2025
お知らせ • Feb 14Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2025Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2025.
New Risk • Sep 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.1% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.4% net profit margin).
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥47.21 (vs JP¥56.05 in 2Q 2023)Second quarter 2024 results: EPS: JP¥47.21 (down from JP¥56.05 in 2Q 2023). Revenue: JP¥54.4b (up 17% from 2Q 2023). Net income: JP¥3.13b (down 16% from 2Q 2023). Profit margin: 5.7% (down from 8.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €5.90, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 15x in the Machinery industry in Germany. Total loss to shareholders of 25% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 12 September 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: JP¥42.70 (vs JP¥2.46 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.70 (up from JP¥2.46 in 1Q 2023). Revenue: JP¥48.3b (up 18% from 1Q 2023). Net income: JP¥2.83b (up JP¥2.66b from 1Q 2023). Profit margin: 5.9% (up from 0.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Apr 26+ 2 more updatesNikkiso Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Nikkiso Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025
お知らせ • Mar 09Nikkiso Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Nikkiso Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024
お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2024Nikkiso Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥137 (vs JP¥195 in FY 2022)Full year 2023 results: EPS: JP¥137 (down from JP¥195 in FY 2022). Revenue: JP¥192.6b (up 8.8% from FY 2022). Net income: JP¥9.07b (down 34% from FY 2022). Profit margin: 4.7% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
New Risk • Jan 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (8.4% increase in shares outstanding).
Upcoming Dividend • Dec 21Upcoming dividend of JP¥12.50 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.7%).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥36.19 (vs JP¥185 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.19 (down from JP¥185 in 3Q 2022). Revenue: JP¥46.3b (up 6.0% from 3Q 2022). Net income: JP¥2.40b (down 82% from 3Q 2022). Profit margin: 5.2% (down from 30% in 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥56.06 (vs JP¥18.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥56.06 (up from JP¥18.05 in 2Q 2022). Revenue: JP¥46.4b (down 1.0% from 2Q 2022). Net income: JP¥3.71b (up 189% from 2Q 2022). Profit margin: 8.0% (up from 2.7% in 2Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • Jul 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 35% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 35% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥12.50 per share at 2.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.8%).
Reported Earnings • May 19First quarter 2023 earnings released: EPS: JP¥2.46 (vs JP¥8.76 in 1Q 2022)First quarter 2023 results: EPS: JP¥2.46 (down from JP¥8.76 in 1Q 2022). Revenue: JP¥40.9b (flat on 1Q 2022). Net income: JP¥163.0m (down 74% from 1Q 2022). Profit margin: 0.4% (down from 1.5% in 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2023Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2023.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥195 (vs JP¥3.10 in FY 2021)Full year 2022 results: EPS: JP¥195 (up from JP¥3.10 in FY 2021). Revenue: JP¥177.1b (up 5.6% from FY 2021). Net income: JP¥13.6b (up JP¥13.4b from FY 2021). Profit margin: 7.7% (up from 0.1% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the Machinery industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.8%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Mitsuaki Nakakubo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: JP¥18.06 (vs JP¥20.66 loss in 2Q 2021)Second quarter 2022 results: EPS: JP¥18.06 (up from JP¥20.66 loss in 2Q 2021). Revenue: JP¥46.8b (up 19% from 2Q 2021). Net income: JP¥1.29b (up JP¥2.76b from 2Q 2021). Profit margin: 2.7% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 9.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 16Nikkiso Co., Ltd. (TSE:6376) announces an Equity Buyback for 8,350,000 shares, representing 11.72% for ¥5,000 million.Nikkiso Co., Ltd. (TSE:6376) announces a share repurchase program. Under the program, the company will repurchase 8,350,000 shares, representing 11.24% of the outstanding shares, for ¥5,000 million. The purpose of the program is to return profits to shareholders based on comprehensive consideration of factors such as performance and the business environment. The program will run until December 31, 2022. As of June 30, 2022, the company had 71,272,693 shares outstanding (excluding treasury stock) and 3,013,771 shares in treasury.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.7%).
Reported Earnings • May 22First quarter 2022 earnings released: EPS: JP¥8.76 (vs JP¥31.24 in 1Q 2021)First quarter 2022 results: EPS: JP¥8.76 (down from JP¥31.24 in 1Q 2021). Revenue: JP¥40.7b (up 6.5% from 1Q 2021). Net income: JP¥624.0m (down 72% from 1Q 2021). Profit margin: 1.5% (down from 5.8% in 1Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% 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.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Mitsuaki Nakakubo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: JP¥3.10 (down from JP¥92.08 in FY 2020). Revenue: JP¥167.8b (up 5.8% from FY 2020). Net income: JP¥221.0m (down 97% from FY 2020). Profit margin: 0.1% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Over the next year, revenue is expected to shrink by 2.0% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% 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.
お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2022Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2022.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 March 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS JP¥3.21 (vs JP¥19.77 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥41.2b (up 12% from 3Q 2020). Net income: JP¥229.0m (down 84% from 3Q 2020). Profit margin: 0.6% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥6.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Machinery industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.61 per share.
Reported Earnings • Aug 13Second quarter 2021 earnings released: JP¥20.66 loss per share (vs JP¥29.63 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: JP¥39.3b (up 2.5% from 2Q 2020). Net loss: JP¥1.47b (down 170% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 September 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).
Reported Earnings • May 19First quarter 2021 earnings released: EPS JP¥31.24 (vs JP¥10.29 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥38.3b (up 4.9% from 1Q 2020). Net income: JP¥2.23b (up 204% from 1Q 2020). Profit margin: 5.8% (up from 2.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Apr 06Full year 2020 earnings released: EPS JP¥92.08 (vs JP¥95.67 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥158.5b (down 4.4% from FY 2019). Net income: JP¥6.56b (down 3.7% from FY 2019). Profit margin: 4.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
Is New 90 Day High Low • Mar 02New 90-day high: €8.70The company is up 7.0% from its price of €8.10 on 01 December 2020. The German market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.88 per share.
お知らせ • Feb 16Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2021Nikkiso Co., Ltd., Annual General Meeting, Mar 30, 2021.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥92.08 (vs JP¥95.67 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: JP¥158.5b (down 4.4% from FY 2019). Net income: JP¥6.56b (down 3.7% from FY 2019). Profit margin: 4.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 16%, compared to a 5.0% growth forecast for the Machinery industry in Germany.
Is New 90 Day High Low • Feb 10New 90-day high: €8.50The company is up 2.0% from its price of €8.35 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery 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 €4.93 per share.
Is New 90 Day High Low • Dec 28New 90-day low: €7.75The company is down 15% from its price of €9.10 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.68 per share.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 10th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.0% is below the top quartile of German dividend payers (3.5%), but is in line with industry peers (1.8%).
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS JP¥19.78The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥36.9b (down 13% from 3Q 2019). Net income: JP¥1.41b (down 48% from 3Q 2019). Profit margin: 3.8% (down from 6.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue misses expectationsRevenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 5.3%, compared to a 2.6% growth forecast for the Machinery industry in Germany.
