View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNippon Piston Ring 過去の業績過去 基準チェック /56Nippon Piston Ringは、平均年間2.8%の収益成長を遂げていますが、 Auto Components業界の収益は、年間 成長しています。収益は、平均年間11.3% 0.8%収益成長率で 減少しています。 Nippon Piston Ringの自己資本利益率は5.6%であり、純利益率は3.6%です。主要情報2.85%収益成長率4.72%EPS成長率Auto Components 業界の成長6.19%収益成長率-0.79%株主資本利益率5.59%ネット・マージン3.57%前回の決算情報30 Jun 2023最近の業績更新Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥103 (vs JP¥61.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥103 (up from JP¥61.94 in 1Q 2023). Revenue: JP¥14.6b (up 9.1% from 1Q 2023). Net income: JP¥801.0m (up 67% from 1Q 2023). Profit margin: 5.5% (up from 3.6% 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 70% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 21Nippon Piston Ring Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥233 (vs JP¥250 in FY 2022)Full year 2023 results: EPS: JP¥233 (down from JP¥250 in FY 2022). Revenue: JP¥58.5b (up 15% from FY 2022). Net income: JP¥1.81b (down 6.2% from FY 2022). Profit margin: 3.1% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥60.32 (vs JP¥63.54 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.32 (down from JP¥63.54 in 3Q 2022). Revenue: JP¥15.2b (up 22% from 3Q 2022). Net income: JP¥469.0m (down 4.3% from 3Q 2022). Profit margin: 3.1% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Dec 28Nippon Piston Ring Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥12.11 (vs JP¥66.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.11 (down from JP¥66.49 in 2Q 2022). Revenue: JP¥14.4b (up 15% from 2Q 2022). Net income: JP¥94.0m (down 82% from 2Q 2022). Profit margin: 0.7% (down from 4.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesお知らせ • Sep 07Nippon Piston Ring Co., Ltd. to Delist from Prime Section of Tokyo Stock ExchangeNippon Piston Ring Co., Ltd. will be delisted from prime section of Tokyo Stock Exchange effective from September 28, 2023. Delisting is due to Becoming a wholly owned subsidiary of NPR-RIKEN CORPORATION.お知らせ • Aug 29Nippon Piston Ring Co., Ltd. (TSE:6461) announces an Equity Buyback for 210,000 shares, for ¥338.31 million.Nippon Piston Ring Co., Ltd. (TSE:6461) announces a share repurchase program. Under the program, the company will repurchase 210,000 shares, representing 2.62% of the outstanding shares for ¥338.31 million. The shares will be repurchased at price of ¥1,611 per share. The purpose of the program is to implement a flexible capital policy and shareholders return. As of July 31, 2023, the company had 8,016,039 shares outstanding and 358,118 shares in treasury.Buying Opportunity • Aug 16Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be JP¥2,037, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥103 (vs JP¥61.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥103 (up from JP¥61.94 in 1Q 2023). Revenue: JP¥14.6b (up 9.1% from 1Q 2023). Net income: JP¥801.0m (up 67% from 1Q 2023). Profit margin: 5.5% (up from 3.6% 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 70% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 21Nippon Piston Ring Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥233 (vs JP¥250 in FY 2022)Full year 2023 results: EPS: JP¥233 (down from JP¥250 in FY 2022). Revenue: JP¥58.5b (up 15% from FY 2022). Net income: JP¥1.81b (down 6.2% from FY 2022). Profit margin: 3.1% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 14Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 23, 2023Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥60.32 (vs JP¥63.54 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.32 (down from JP¥63.54 in 3Q 2022). Revenue: JP¥15.2b (up 22% from 3Q 2022). Net income: JP¥469.0m (down 4.3% from 3Q 2022). Profit margin: 3.1% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Dec 28Nippon Piston Ring Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroki Kimura was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥12.11 (vs JP¥66.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.11 (down from JP¥66.49 in 2Q 2022). Revenue: JP¥14.4b (up 15% from 2Q 2022). Net income: JP¥94.0m (down 82% from 2Q 2022). Profit margin: 0.7% (down from 4.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).お知らせ • Sep 18Nippon Piston Ring Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Nippon Piston Ring Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥61.94 (vs JP¥99.67 in 1Q 2022)First quarter 2023 results: EPS: JP¥61.94 (down from JP¥99.67 in 1Q 2022). Revenue: JP¥13.4b (up 3.0% from 1Q 2022). Net income: JP¥479.0m (down 37% from 1Q 2022). Profit margin: 3.6% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 29Nippon Piston Ring Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥250 (vs JP¥103 loss in FY 2021)Full year 2022 results: EPS: JP¥250 (up from JP¥103 loss in FY 2021). Revenue: JP¥50.8b (up 12% from FY 2021). Net income: JP¥1.93b (up JP¥2.74b from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • May 15Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 28, 2022Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroki Kimura was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 08Nippon Piston Ring Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nippon Piston Ring Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%).Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥63.52 (down from JP¥80.04 in 3Q 2021). Revenue: JP¥12.5b (flat on 3Q 2021). Net income: JP¥490.0m (down 23% from 3Q 2021). Profit margin: 3.9% (down from 5.1% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Jan 12Nippon Piston Ring Co., Ltd. (TSE:6461) completed the acquisition of Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd..Nippon Piston Ring Co., Ltd. (TSE:6461) agreed to acquire Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd. on December 24, 2021. Nippon Piston Ring will acquire 1,980 shares of Normeca Asia Co., Ltd. Ryo Senda plans to acquire all of Normeca's shares held by shareholders other than him by the date of the transfer of shares. Normeca Asia Co., Ltd. reported net assets of ¥515 million, total assets of ¥2.3 billion, sales of ¥3.8 billion and net profit of ¥300 million for the financial year ended March 31, 2021. Contract is scheduled to sign on December 24, 2021 and transaction is expected to complete on January 11, 2022. The impact of the acquisition of shares on Nippon Piston Ring's consolidated financial results for the fiscal year ending March 2022 will be minor. Nippon Piston Ring Co., Ltd. (TSE:6461) completed the acquisition of Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd. on January 11, 2022.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥66.47 (vs JP¥115 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥12.5b (up 36% from 2Q 2021). Net income: JP¥512.0m (up JP¥1.43b from 2Q 2021). Profit margin: 4.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. 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 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥99.67 (vs JP¥126 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥13.0b (up 24% from 1Q 2021). Net income: JP¥765.0m (up JP¥1.79b from 1Q 2021). Profit margin: 5.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 30Full year 2021 earnings released: JP¥103 loss per share (vs JP¥59.96 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥45.3b (down 18% from FY 2020). Net loss: JP¥813.0m (down 266% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17Full year 2021 earnings released: JP¥103 loss per share (vs JP¥59.96 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥45.3b (down 18% from FY 2020). Net loss: JP¥813.0m (down 266% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Inaugural dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. The company last paid an ordinary dividend in June 2020. The average dividend yield among industry peers is 1.9%.お知らせ • Mar 19Nippon Piston Ring Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Nippon Piston Ring Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥80.04 (vs JP¥56.00 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥12.5b (down 12% from 3Q 2020). Net income: JP¥632.0m (up 39% from 3Q 2020). Profit margin: 5.1% (up from 3.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,123The company is up 4.0% from its price of JP¥1,076 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 25% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: JP¥911The company is down 14% from its price of JP¥1,064 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 14% over the same period.お知らせ • Dec 19Nippon Piston Ring Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021お知らせ • Oct 10Nippon Piston Ring Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Nippon Piston Ring Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020収支内訳Nippon Piston Ring の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:6461 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費30 Jun 2359,7382,1308,2421,72331 Mar 2358,5241,8088,1441,72331 Dec 2255,8121,2037,8941,75330 Sep 2253,0741,2247,5841,75330 Jun 2251,1751,6427,3781,75331 Mar 2250,7831,9287,1771,75331 Dec 2151,1682,2667,0391,63030 Sep 2151,1442,4086,8981,63030 Jun 2147,8209756,6821,63031 Mar 2145,276-8136,6981,63031 Dec 2045,554-1,3196,5721,96930 Sep 2047,246-1,4957,0061,96930 Jun 2052,120-3787,4621,96931 Mar 2054,8814907,7661,96931 Dec 1955,8046607,7872,14530 Sep 1955,7937357,8112,14530 Jun 1956,0068707,7542,14531 Mar 1957,0661,8887,6122,14531 Dec 1856,6191,8907,5312,08930 Sep 1856,9622,3257,4862,08930 Jun 1856,3672,4557,4432,08931 Mar 1855,9322,2867,5462,08931 Dec 1755,3432,7407,7581,92030 Sep 1753,9342,6097,5661,92030 Jun 1753,3692,6097,4821,92031 Mar 1752,1212,4157,2761,92031 Dec 1651,7892,0677,2671,81030 Sep 1651,5891,6727,2211,81030 Jun 1651,7261,7067,1651,81031 Mar 1652,1991,6057,0261,81031 Dec 1552,7431,4117,1971,64730 Sep 1552,7631,8967,2191,64730 Jun 1552,6091,9147,1901,64731 Mar 1551,6572,1737,2711,64731 Dec 1450,5372,4057,0971,59130 Sep 1450,3171,9057,0041,59130 Jun 1450,3381,7996,9411,59131 Mar 1450,4301,3527,0551,59131 Dec 1349,0371,3227,0211,52630 Sep 1347,8571,2286,7571,52630 Jun 1346,6511,2006,5201,52631 Mar 1347,0182,0136,0871,52631 Dec 1248,5843,4456,2101,36130 Sep 1249,6994,2046,2041,361質の高い収益: 6461は 高品質の収益 を持っています。利益率の向上: 6461の現在の純利益率 (3.6%)は、昨年(3.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6461の収益は過去 5 年間で年間2.8%増加しました。成長の加速: 6461の過去 1 年間の収益成長率 ( 29.7% ) は、5 年間の平均 ( 年間2.8%を上回っています。収益対業界: 6461の過去 1 年間の収益成長率 ( 29.7% ) はAuto Components業界26.6%を上回りました。株主資本利益率高いROE: 6461の 自己資本利益率 ( 5.6% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YAutomobiles 、過去の業績が好調な企業。View Financial Health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2023/09/29 22:52終値2023/09/27 00:00収益2023/06/30年間収益2023/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Piston Ring Co., Ltd. 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。0
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥103 (vs JP¥61.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥103 (up from JP¥61.94 in 1Q 2023). Revenue: JP¥14.6b (up 9.1% from 1Q 2023). Net income: JP¥801.0m (up 67% from 1Q 2023). Profit margin: 5.5% (up from 3.6% 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 70% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 21Nippon Piston Ring Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥233 (vs JP¥250 in FY 2022)Full year 2023 results: EPS: JP¥233 (down from JP¥250 in FY 2022). Revenue: JP¥58.5b (up 15% from FY 2022). Net income: JP¥1.81b (down 6.2% from FY 2022). Profit margin: 3.1% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥60.32 (vs JP¥63.54 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.32 (down from JP¥63.54 in 3Q 2022). Revenue: JP¥15.2b (up 22% from 3Q 2022). Net income: JP¥469.0m (down 4.3% from 3Q 2022). Profit margin: 3.1% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Dec 28Nippon Piston Ring Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥12.11 (vs JP¥66.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.11 (down from JP¥66.49 in 2Q 2022). Revenue: JP¥14.4b (up 15% from 2Q 2022). Net income: JP¥94.0m (down 82% from 2Q 2022). Profit margin: 0.7% (down from 4.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% 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 • Sep 07Nippon Piston Ring Co., Ltd. to Delist from Prime Section of Tokyo Stock ExchangeNippon Piston Ring Co., Ltd. will be delisted from prime section of Tokyo Stock Exchange effective from September 28, 2023. Delisting is due to Becoming a wholly owned subsidiary of NPR-RIKEN CORPORATION.
お知らせ • Aug 29Nippon Piston Ring Co., Ltd. (TSE:6461) announces an Equity Buyback for 210,000 shares, for ¥338.31 million.Nippon Piston Ring Co., Ltd. (TSE:6461) announces a share repurchase program. Under the program, the company will repurchase 210,000 shares, representing 2.62% of the outstanding shares for ¥338.31 million. The shares will be repurchased at price of ¥1,611 per share. The purpose of the program is to implement a flexible capital policy and shareholders return. As of July 31, 2023, the company had 8,016,039 shares outstanding and 358,118 shares in treasury.
Buying Opportunity • Aug 16Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be JP¥2,037, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥103 (vs JP¥61.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥103 (up from JP¥61.94 in 1Q 2023). Revenue: JP¥14.6b (up 9.1% from 1Q 2023). Net income: JP¥801.0m (up 67% from 1Q 2023). Profit margin: 5.5% (up from 3.6% 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 70% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 21Nippon Piston Ring Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥233 (vs JP¥250 in FY 2022)Full year 2023 results: EPS: JP¥233 (down from JP¥250 in FY 2022). Revenue: JP¥58.5b (up 15% from FY 2022). Net income: JP¥1.81b (down 6.2% from FY 2022). Profit margin: 3.1% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 23, 2023Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥60.32 (vs JP¥63.54 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.32 (down from JP¥63.54 in 3Q 2022). Revenue: JP¥15.2b (up 22% from 3Q 2022). Net income: JP¥469.0m (down 4.3% from 3Q 2022). Profit margin: 3.1% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Dec 28Nippon Piston Ring Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroki Kimura was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥12.11 (vs JP¥66.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.11 (down from JP¥66.49 in 2Q 2022). Revenue: JP¥14.4b (up 15% from 2Q 2022). Net income: JP¥94.0m (down 82% from 2Q 2022). Profit margin: 0.7% (down from 4.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).
お知らせ • Sep 18Nippon Piston Ring Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Nippon Piston Ring Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥61.94 (vs JP¥99.67 in 1Q 2022)First quarter 2023 results: EPS: JP¥61.94 (down from JP¥99.67 in 1Q 2022). Revenue: JP¥13.4b (up 3.0% from 1Q 2022). Net income: JP¥479.0m (down 37% from 1Q 2022). Profit margin: 3.6% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 29Nippon Piston Ring Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nippon Piston Ring Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥250 (vs JP¥103 loss in FY 2021)Full year 2022 results: EPS: JP¥250 (up from JP¥103 loss in FY 2021). Revenue: JP¥50.8b (up 12% from FY 2021). Net income: JP¥1.93b (up JP¥2.74b from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • May 15Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 28, 2022Nippon Piston Ring Co., Ltd., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroki Kimura was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 08Nippon Piston Ring Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nippon Piston Ring Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%).
Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥63.52 (down from JP¥80.04 in 3Q 2021). Revenue: JP¥12.5b (flat on 3Q 2021). Net income: JP¥490.0m (down 23% from 3Q 2021). Profit margin: 3.9% (down from 5.1% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Jan 12Nippon Piston Ring Co., Ltd. (TSE:6461) completed the acquisition of Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd..Nippon Piston Ring Co., Ltd. (TSE:6461) agreed to acquire Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd. on December 24, 2021. Nippon Piston Ring will acquire 1,980 shares of Normeca Asia Co., Ltd. Ryo Senda plans to acquire all of Normeca's shares held by shareholders other than him by the date of the transfer of shares. Normeca Asia Co., Ltd. reported net assets of ¥515 million, total assets of ¥2.3 billion, sales of ¥3.8 billion and net profit of ¥300 million for the financial year ended March 31, 2021. Contract is scheduled to sign on December 24, 2021 and transaction is expected to complete on January 11, 2022. The impact of the acquisition of shares on Nippon Piston Ring's consolidated financial results for the fiscal year ending March 2022 will be minor. Nippon Piston Ring Co., Ltd. (TSE:6461) completed the acquisition of Normeca Asia Co., Ltd. from Ryo Senda, President and Chief Executive Officer of Normeca Asia Co., Ltd. on January 11, 2022.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥66.47 (vs JP¥115 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥12.5b (up 36% from 2Q 2021). Net income: JP¥512.0m (up JP¥1.43b from 2Q 2021). Profit margin: 4.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. 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 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥99.67 (vs JP¥126 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥13.0b (up 24% from 1Q 2021). Net income: JP¥765.0m (up JP¥1.79b from 1Q 2021). Profit margin: 5.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 30Full year 2021 earnings released: JP¥103 loss per share (vs JP¥59.96 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥45.3b (down 18% from FY 2020). Net loss: JP¥813.0m (down 266% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17Full year 2021 earnings released: JP¥103 loss per share (vs JP¥59.96 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥45.3b (down 18% from FY 2020). Net loss: JP¥813.0m (down 266% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Inaugural dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. The company last paid an ordinary dividend in June 2020. The average dividend yield among industry peers is 1.9%.
お知らせ • Mar 19Nippon Piston Ring Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Nippon Piston Ring Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥80.04 (vs JP¥56.00 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥12.5b (down 12% from 3Q 2020). Net income: JP¥632.0m (up 39% from 3Q 2020). Profit margin: 5.1% (up from 3.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,123The company is up 4.0% from its price of JP¥1,076 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 25% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: JP¥911The company is down 14% from its price of JP¥1,064 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 14% over the same period.
お知らせ • Dec 19Nippon Piston Ring Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021Nippon Piston Ring Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021
お知らせ • Oct 10Nippon Piston Ring Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Nippon Piston Ring Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020