NHK Spring（5991）株式概要ニッパツとその子会社は、日本、アジア、アメリカ、ヨーロッパ、および海外で自動車部品を製造・販売している。 詳細5991 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績2/6財務の健全性6/6配当金3/6報酬収益は年間23.46%増加すると予測されています リスク分析利益率(3.4%)は昨年より低い(6%) JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る5991 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW488,589 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeINBLROAG488,589 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥3.94k7.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture01t2016201920222025202620282031Revenue JP¥1.0tEarnings JP¥35.3bAdvancedSet Fair ValueView all narrativesNHK Spring Co., Ltd. 競合他社GS YuasaSymbol: TSE:6674Market cap: JP¥668.8bKoito ManufacturingSymbol: TSE:7276Market cap: JP¥674.8bJTEKTSymbol: TSE:6473Market cap: JP¥643.0bToyoda GoseiSymbol: TSE:7282Market cap: JP¥601.6b価格と性能株価の高値、安値、推移の概要NHK Spring過去の株価現在の株価JP¥3,944.0052週高値JP¥4,340.0052週安値JP¥1,569.00ベータ0.951ヶ月の変化9.86%3ヶ月変化57.82%1年変化145.12%3年間の変化268.77%5年間の変化361.29%IPOからの変化630.37%最新ニュースReported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.ライブニュース • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.最新情報をもっと見るRecent updatesReported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.ライブニュース • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.お知らせ • Apr 11NHK Spring Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026NHK Spring Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 11, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 31% and the cash payout ratio is 83%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%).Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥55.55 (vs JP¥38.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥55.55 (up from JP¥38.78 in 3Q 2025). Revenue: JP¥202.5b (flat on 3Q 2025). Net income: JP¥11.3b (up 35% from 3Q 2025). Profit margin: 5.6% (up from 4.1% in 3Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 28Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Dec 12NHK Spring Co., Ltd.'s (TSE:5991) Intrinsic Value Is Potentially 45% Above Its Share PriceKey Insights The projected fair value for NHK Spring is JP¥3,792 based on 2 Stage Free Cash Flow to Equity NHK Spring's...Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 29NHK Spring Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026NHK Spring Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥24.33 (vs JP¥30.20 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.33 (down from JP¥30.20 in 2Q 2025). Revenue: JP¥194.0b (down 1.8% from 2Q 2025). Net income: JP¥4.93b (down 24% from 2Q 2025). Profit margin: 2.5% (down from 3.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,240, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,672 per share.Buy Or Sell Opportunity • Nov 13Now 33% undervaluedOver the last 90 days, the stock has risen 34% to JP¥2,418. The fair value is estimated to be JP¥3,632, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.お知らせ • Nov 12+ 1 more updateNHK Spring Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026NHK Spring Co., Ltd. provided year-end dividend guidance of JPY 33.00 per share for the fiscal year ending March 31, 2026 against JPY 33.00 per share paid a year ago.分析記事 • Nov 05Returns On Capital Are Showing Encouraging Signs At NHK Spring (TSE:5991)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change).Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,443, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,902 per share.Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).分析記事 • Sep 05Insufficient Growth At NHK Spring Co., Ltd. (TSE:5991) Hampers Share PriceNHK Spring Co., Ltd.'s ( TSE:5991 ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now...お知らせ • Aug 21NHK Spring Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025NHK Spring Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥44.24 (vs JP¥69.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥44.24 (down from JP¥69.37 in 1Q 2025). Revenue: JP¥200.0b (up 3.2% from 1Q 2025). Net income: JP¥8.98b (down 40% from 1Q 2025). Profit margin: 4.5% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 24NHK Spring (TSE:5991) Has Announced A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend of ¥33.00 per share on the 3rd...分析記事 • Jul 10NHK Spring (TSE:5991) Will Pay A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend on the 3rd of December, with...Declared Dividend • Jul 09Final dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.お知らせ • Jun 07NHK Spring Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025NHK Spring Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025Reported Earnings • May 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥225 (up from JP¥173 in FY 2024). Revenue: JP¥801.7b (up 4.5% from FY 2024). Net income: JP¥48.2b (up 23% from FY 2024). Profit margin: 6.0% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.お知らせ • May 14NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025.Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,353, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 84% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 82%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).お知らせ • Mar 07NHK Spring Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025NHK Spring Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥38.78 (vs JP¥29.27 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.78 (up from JP¥29.27 in 3Q 2024). Revenue: JP¥201.4b (flat on 3Q 2024). Net income: JP¥8.32b (up 26% from 3Q 2024). Profit margin: 4.1% (up from 3.3% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).お知らせ • Dec 23NHK Spring Co., Ltd. (TSE:5991) announces an Equity Buyback for 13,000,000 shares, representing 6.05% for ¥26,000 million.NHK Spring Co., Ltd. (TSE:5991) announces a share repurchase program. Under the program, the company will repurchase 13,000,000 shares, representing 6.05% of its share capital, for ¥26,000 million. The company will repurchase its shares in order to improve capital efficiency by enhancing shareholder returns while enabling flexible execution of capital policy. The program will expire on June 23, 2025. As of November 30, 2024, the company had 214,821,247 shares outstanding (excluding treasury shares) and 29,244,897 shares in treasury.Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (12% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.お知らせ • Nov 30NHK Spring Co., Ltd. to Report Q3, 2025 Final Results on Feb 12, 2025NHK Spring Co., Ltd. announced that they will report Q3, 2025 final results on Feb 12, 2025Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥31.79 in 2Q 2024)Second quarter 2025 results: EPS: JP¥30.20 (down from JP¥31.79 in 2Q 2024). Revenue: JP¥197.4b (up 8.0% from 2Q 2024). Net income: JP¥6.49b (down 9.9% from 2Q 2024). Profit margin: 3.3% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 25Price target increased by 16% to JP¥1,950Up from JP¥1,675, the current price target is an average from 3 analysts. New target price is 6.8% above last closing price of JP¥1,825. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥173 last year.Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.5%).お知らせ • Aug 27NHK Spring Co., Ltd. to Report Q2, 2025 Results on Nov 13, 2024NHK Spring Co., Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥69.37 (vs JP¥31.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥69.37 (up from JP¥31.57 in 1Q 2024). Revenue: JP¥193.8b (up 8.1% from 1Q 2024). Net income: JP¥15.1b (up 111% from 1Q 2024). Profit margin: 7.8% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 07+ 1 more updateNHK Spring Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending September 30, 2024 and Full Year Ending March 31, 2025NHK Spring Co., Ltd. revised consolidated earnings guidance for the first half ending September 30, 2024 and full year ending March 31, 2025. For the first half, the company now expects net sales of JPY 395,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 20,000 million and earnings per share of JPY 92.62 against net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share of JPY 67.73 as previously forecasted. For the full year, the company now expects net sales of JPY 800,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 45,000 million and earnings per share of JPY 208.93 against net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share of JPY 180.62 as previously forecasted. Reason for the revision: Consolidated results for the first half of the fiscal year ending March 31, 2025, are expected to exceed the initial forecast due to the strong performance of the DDS business and the impact of the weaker-than-expected yen exchange rate in the first quarter of the current fiscal year. Operating profit is expected to exceed the forecast due to the strong performance of the DDS business. In addition, as announced in the "Notice Concerning Recording of Extraordinary Income" announced on July 16, 2024, the company expects to record extraordinary income in the second quarter, and therefore, profit attributable to owners of parent for the quarter is also expected to exceed the forecast.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,211, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥761 per share.Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).Major Estimate Revision • Jun 06Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥775.0b to JP¥788.0b. EPS estimate increased from JP¥133 to JP¥181 per share. Net income forecast to grow 0.2% next year vs 3.6% growth forecast for Auto Components industry in Japan. Consensus price target up from JP¥1,375 to JP¥1,525. Share price fell 4.5% to JP¥1,647 over the past week.お知らせ • Jun 02NHK Spring Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024NHK Spring Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024Buy Or Sell Opportunity • May 28Now 23% undervaluedOver the last 90 days, the stock has risen 21% to JP¥1,742. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 8.1%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,844, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,244 per share.Reported Earnings • May 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥173 (up from JP¥94.50 in FY 2023). Revenue: JP¥766.9b (up 11% from FY 2023). Net income: JP¥39.2b (up 82% from FY 2023). Profit margin: 5.1% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.6% 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 9.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • May 16+ 1 more updateNHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025NHK Spring Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2025. For the first half, the company expects net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share, Basic of JPY 67.73.For the full year, the company expects net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share, Basic of JPY 180.62.お知らせ • May 09NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024. Agenda: To consider approval of Remuneration Amount for Restricted Stock-Based Compensation Plan.Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).お知らせ • Feb 29NHK Spring Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024NHK Spring Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024Major Estimate Revision • Feb 22Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥117 to JP¥149. Revenue forecast steady at JP¥761.7b. Net income forecast to grow 67% next year vs 6.5% growth forecast for Auto Components industry in Japan. Consensus price target of JP¥1,375 unchanged from last update. Share price rose 4.3% to JP¥1,494 over the past week.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥29.27 (vs JP¥16.71 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.27 (up from JP¥16.71 in 3Q 2023). Revenue: JP¥200.1b (up 12% from 3Q 2023). Net income: JP¥6.63b (up 74% from 3Q 2023). Profit margin: 3.3% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.お知らせ • Feb 14NHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for Full Year of Fiscal Year Ending March 31, 2024NHK Spring Co., Ltd. provided consolidated earnings guidance for full year of fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 35,000 million and basic earnings per share of JPY 154.51 against previous guidance of net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 110.37.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,461, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 93% over the past three years.株主還元5991JP Auto ComponentsJP 市場7D-1.7%-1.8%0.9%1Y145.1%56.0%42.3%株主還元を見る業界別リターン: 5991過去 1 年間で56 % の収益を上げたJP Auto Components業界を上回りました。リターン対市場: 5991過去 1 年間で42.3 % の収益を上げたJP市場を上回りました。価格変動Is 5991's price volatile compared to industry and market?5991 volatility5991 Average Weekly Movement8.7%Auto Components Industry Average Movement4.3%Market Average Movement4.2%10% most volatile stocks in JP Market9.2%10% least volatile stocks in JP Market2.1%安定した株価: 5991の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 5991の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト193618,121Takashi Kayamotowww.nhkspg.co.jp日本バネ株式会社は、子会社とともに、日本、アジア、アメリカ、ヨーロッパ、および海外で自動車部品を製造・販売している。事業セグメントは5つ：自動車用懸架ばね事業、自動車用シート事業、精密ばね・部品事業、DDS事業、産業用機械器具・その他事業の5つの事業を展開している。コイルスプリング、リーフスプリング、スタビライザーバー、リンク、アキュムレーター、トーションバー、スタビリンカー、自動車用シート、シート用機構部品、内装部品、HDD用機構部品、線ばね、板ばね、モーターコア、ファスナー・ねじ、精密機械部品などを提供している。また、HDD用サスペンション、半導体検査用プローブユニット、半導体プロセス・バネ部品、セラミック製品、配管サポート機器、一体型金属基板、パーキング機器、セキュリティ製品、照明器具、ゴルフシャフト、船舶用電子リモコンなども提供している。また、中空・中実スタビライザー、ブシュボンディング、スプリンググリッドアレイ、医療用ベローズ、フレキシブルジョイント、ドアサンシェード、トノカバー、ボルト、チェーンテンショナー、コントロールケーブル、ブレーキディスク、アシスト＆テンションバランサー、ロックヒンジ、トップカバー、ディスククランプ、ベースプレート、ステージヒーター、冷却プレート、シャワーヘッド；マイクロコントラクター、テストソケット、プローブヘッド、ダイレクトボンディング碍子回路、偽造防止ラベル、流通管理真贋判定・機械認識ホログラムシステム、パイプクランプ、SD・UKパーク、EV充電器付きパーキングシステム、分岐器、レール固定装置、合成レールタイル、野球・ソフトボール用金属バット。旧社名は芝浦バネ製造株式会社で、1939年にNHKバネ株式会社に社名変更した。NHKスプリング株式会社は1936年に設立され、横浜に本社を置く。もっと見るNHK Spring Co., Ltd. 基礎のまとめNHK Spring の収益と売上を時価総額と比較するとどうか。5991 基礎統計学時価総額JP¥792.12b収益（TTM）JP¥27.86b売上高(TTM)JP¥816.88b28.7xPER（株価収益率1.0xP/Sレシオ5991 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5991 損益計算書（TTM）収益JP¥816.88b売上原価JP¥703.14b売上総利益JP¥113.74bその他の費用JP¥85.87b収益JP¥27.86b直近の収益報告Mar 31, 2026次回決算日Aug 06, 2026一株当たり利益（EPS）137.53グロス・マージン13.92%純利益率3.41%有利子負債／自己資本比率13.7%5991 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1.7%現在の配当利回り48%配当性向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2026/07/02 07:42終値2026/07/02 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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NHK Spring Co., Ltd. 4 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。9 アナリスト機関Masaru KoshitaBarclaysShiro SakamakiBofA Global ResearchMasashi ItayaJ.P. Morgan6 その他のアナリストを表示
Reported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026
Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.
ライブニュース • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.
Reported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026
Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.
ライブニュース • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.
お知らせ • Apr 11NHK Spring Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026NHK Spring Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 11, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 31% and the cash payout ratio is 83%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%).
Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥55.55 (vs JP¥38.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥55.55 (up from JP¥38.78 in 3Q 2025). Revenue: JP¥202.5b (flat on 3Q 2025). Net income: JP¥11.3b (up 35% from 3Q 2025). Profit margin: 5.6% (up from 4.1% in 3Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 28Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Dec 12NHK Spring Co., Ltd.'s (TSE:5991) Intrinsic Value Is Potentially 45% Above Its Share PriceKey Insights The projected fair value for NHK Spring is JP¥3,792 based on 2 Stage Free Cash Flow to Equity NHK Spring's...
Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 29NHK Spring Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026NHK Spring Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥24.33 (vs JP¥30.20 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.33 (down from JP¥30.20 in 2Q 2025). Revenue: JP¥194.0b (down 1.8% from 2Q 2025). Net income: JP¥4.93b (down 24% from 2Q 2025). Profit margin: 2.5% (down from 3.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,240, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,672 per share.
Buy Or Sell Opportunity • Nov 13Now 33% undervaluedOver the last 90 days, the stock has risen 34% to JP¥2,418. The fair value is estimated to be JP¥3,632, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
お知らせ • Nov 12+ 1 more updateNHK Spring Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026NHK Spring Co., Ltd. provided year-end dividend guidance of JPY 33.00 per share for the fiscal year ending March 31, 2026 against JPY 33.00 per share paid a year ago.
分析記事 • Nov 05Returns On Capital Are Showing Encouraging Signs At NHK Spring (TSE:5991)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change).
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,443, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,902 per share.
Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).
分析記事 • Sep 05Insufficient Growth At NHK Spring Co., Ltd. (TSE:5991) Hampers Share PriceNHK Spring Co., Ltd.'s ( TSE:5991 ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now...
お知らせ • Aug 21NHK Spring Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025NHK Spring Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥44.24 (vs JP¥69.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥44.24 (down from JP¥69.37 in 1Q 2025). Revenue: JP¥200.0b (up 3.2% from 1Q 2025). Net income: JP¥8.98b (down 40% from 1Q 2025). Profit margin: 4.5% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 24NHK Spring (TSE:5991) Has Announced A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend of ¥33.00 per share on the 3rd...
分析記事 • Jul 10NHK Spring (TSE:5991) Will Pay A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend on the 3rd of December, with...
Declared Dividend • Jul 09Final dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.
お知らせ • Jun 07NHK Spring Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025NHK Spring Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025
Reported Earnings • May 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥225 (up from JP¥173 in FY 2024). Revenue: JP¥801.7b (up 4.5% from FY 2024). Net income: JP¥48.2b (up 23% from FY 2024). Profit margin: 6.0% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
お知らせ • May 14NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025.
Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,353, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 84% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 82%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
お知らせ • Mar 07NHK Spring Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025NHK Spring Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥38.78 (vs JP¥29.27 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.78 (up from JP¥29.27 in 3Q 2024). Revenue: JP¥201.4b (flat on 3Q 2024). Net income: JP¥8.32b (up 26% from 3Q 2024). Profit margin: 4.1% (up from 3.3% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).
お知らせ • Dec 23NHK Spring Co., Ltd. (TSE:5991) announces an Equity Buyback for 13,000,000 shares, representing 6.05% for ¥26,000 million.NHK Spring Co., Ltd. (TSE:5991) announces a share repurchase program. Under the program, the company will repurchase 13,000,000 shares, representing 6.05% of its share capital, for ¥26,000 million. The company will repurchase its shares in order to improve capital efficiency by enhancing shareholder returns while enabling flexible execution of capital policy. The program will expire on June 23, 2025. As of November 30, 2024, the company had 214,821,247 shares outstanding (excluding treasury shares) and 29,244,897 shares in treasury.
Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (12% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
お知らせ • Nov 30NHK Spring Co., Ltd. to Report Q3, 2025 Final Results on Feb 12, 2025NHK Spring Co., Ltd. announced that they will report Q3, 2025 final results on Feb 12, 2025
Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥31.79 in 2Q 2024)Second quarter 2025 results: EPS: JP¥30.20 (down from JP¥31.79 in 2Q 2024). Revenue: JP¥197.4b (up 8.0% from 2Q 2024). Net income: JP¥6.49b (down 9.9% from 2Q 2024). Profit margin: 3.3% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 25Price target increased by 16% to JP¥1,950Up from JP¥1,675, the current price target is an average from 3 analysts. New target price is 6.8% above last closing price of JP¥1,825. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥173 last year.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.5%).
お知らせ • Aug 27NHK Spring Co., Ltd. to Report Q2, 2025 Results on Nov 13, 2024NHK Spring Co., Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥69.37 (vs JP¥31.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥69.37 (up from JP¥31.57 in 1Q 2024). Revenue: JP¥193.8b (up 8.1% from 1Q 2024). Net income: JP¥15.1b (up 111% from 1Q 2024). Profit margin: 7.8% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 07+ 1 more updateNHK Spring Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending September 30, 2024 and Full Year Ending March 31, 2025NHK Spring Co., Ltd. revised consolidated earnings guidance for the first half ending September 30, 2024 and full year ending March 31, 2025. For the first half, the company now expects net sales of JPY 395,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 20,000 million and earnings per share of JPY 92.62 against net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share of JPY 67.73 as previously forecasted. For the full year, the company now expects net sales of JPY 800,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 45,000 million and earnings per share of JPY 208.93 against net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share of JPY 180.62 as previously forecasted. Reason for the revision: Consolidated results for the first half of the fiscal year ending March 31, 2025, are expected to exceed the initial forecast due to the strong performance of the DDS business and the impact of the weaker-than-expected yen exchange rate in the first quarter of the current fiscal year. Operating profit is expected to exceed the forecast due to the strong performance of the DDS business. In addition, as announced in the "Notice Concerning Recording of Extraordinary Income" announced on July 16, 2024, the company expects to record extraordinary income in the second quarter, and therefore, profit attributable to owners of parent for the quarter is also expected to exceed the forecast.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,211, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥761 per share.
Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).
Major Estimate Revision • Jun 06Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥775.0b to JP¥788.0b. EPS estimate increased from JP¥133 to JP¥181 per share. Net income forecast to grow 0.2% next year vs 3.6% growth forecast for Auto Components industry in Japan. Consensus price target up from JP¥1,375 to JP¥1,525. Share price fell 4.5% to JP¥1,647 over the past week.
お知らせ • Jun 02NHK Spring Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024NHK Spring Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024
Buy Or Sell Opportunity • May 28Now 23% undervaluedOver the last 90 days, the stock has risen 21% to JP¥1,742. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 8.1%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,844, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,244 per share.
Reported Earnings • May 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥173 (up from JP¥94.50 in FY 2023). Revenue: JP¥766.9b (up 11% from FY 2023). Net income: JP¥39.2b (up 82% from FY 2023). Profit margin: 5.1% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.6% 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 9.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • May 16+ 1 more updateNHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025NHK Spring Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2025. For the first half, the company expects net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share, Basic of JPY 67.73.For the full year, the company expects net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share, Basic of JPY 180.62.
お知らせ • May 09NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024. Agenda: To consider approval of Remuneration Amount for Restricted Stock-Based Compensation Plan.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).
お知らせ • Feb 29NHK Spring Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024NHK Spring Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
Major Estimate Revision • Feb 22Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥117 to JP¥149. Revenue forecast steady at JP¥761.7b. Net income forecast to grow 67% next year vs 6.5% growth forecast for Auto Components industry in Japan. Consensus price target of JP¥1,375 unchanged from last update. Share price rose 4.3% to JP¥1,494 over the past week.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥29.27 (vs JP¥16.71 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.27 (up from JP¥16.71 in 3Q 2023). Revenue: JP¥200.1b (up 12% from 3Q 2023). Net income: JP¥6.63b (up 74% from 3Q 2023). Profit margin: 3.3% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
お知らせ • Feb 14NHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for Full Year of Fiscal Year Ending March 31, 2024NHK Spring Co., Ltd. provided consolidated earnings guidance for full year of fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 35,000 million and basic earnings per share of JPY 154.51 against previous guidance of net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 110.37.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,461, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 93% over the past three years.
