View ValuationNTN 将来の成長Future 基準チェック /36NTN利益と収益がそれぞれ年間26%と2.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.5% 24.6%なると予測されています。主要情報26.0%収益成長率24.61%EPS成長率Machinery 収益成長8.0%収益成長率2.4%将来の株主資本利益率7.51%アナリストカバレッジLow最終更新日17 Aug 2026今後の成長に関する最新情報分析記事 • Aug 06Earnings Miss: NTN Corporation Missed EPS By 62% And Analysts Are Revising Their ForecastsInvestors in NTN Corporation ( TSE:6472 ) had a good week, as its shares rose 4.6% to close at JP¥390 following the...Major Estimate Revision • Jun 09Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥22.38 to JP¥25.41. Revenue forecast unchanged at JP¥840.2b. Net income forecast to grow 25% next year vs 8.5% growth forecast for Machinery industry in Japan. Consensus price target of JP¥415 unchanged from last update. Share price was steady at JP¥430 over the past week.Price Target Changed • Feb 13Price target increased by 14% to JP¥418Up from JP¥368, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥411. Stock is up 70% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.Price Target Changed • Feb 04Price target increased by 7.6% to JP¥375Up from JP¥349, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥382. Stock is up 55% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.Price Target Changed • Dec 16Price target increased by 7.8% to JP¥368Up from JP¥341, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥372. Stock is up 53% over the past year. The company is forecast to post a net loss per share of JP¥4.22 next year compared to a net loss per share of JP¥44.90 last year.Price Target Changed • Aug 22Price target increased by 12% to JP¥287Up from JP¥257, the current price target is an average from 5 analysts. New target price is 12% below last closing price of JP¥325. Stock is up 21% over the past year. The company is forecast to post a net loss per share of JP¥10.15 next year compared to a net loss per share of JP¥44.90 last year.すべての更新を表示Recent updates分析記事 • Aug 06Earnings Miss: NTN Corporation Missed EPS By 62% And Analysts Are Revising Their ForecastsInvestors in NTN Corporation ( TSE:6472 ) had a good week, as its shares rose 4.6% to close at JP¥390 following the...Reported Earnings • Aug 05First quarter 2027 earnings: EPS misses analyst expectationsFirst quarter 2027 results: EPS: JP¥3.24 (up from JP¥2.25 in 1Q 2026). Revenue: JP¥212.3b (up 6.7% from 1Q 2026). Net income: JP¥1.93b (up 62% from 1Q 2026). Profit margin: 0.9% (up from 0.6% in 1Q 2026). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Declared Dividend • Jul 25Final dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥23.40 (up from JP¥44.90 loss in FY 2025). Revenue: JP¥826.3b (flat on FY 2025). Net income: JP¥12.9b (up JP¥36.7b from FY 2025). Profit margin: 1.6% (up from net loss in FY 2025). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jun 17Now 20% undervaluedOver the last 90 days, the stock has risen 32% to JP¥440. The fair value is estimated to be JP¥552, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Major Estimate Revision • Jun 09Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥22.38 to JP¥25.41. Revenue forecast unchanged at JP¥840.2b. Net income forecast to grow 25% next year vs 8.5% growth forecast for Machinery industry in Japan. Consensus price target of JP¥415 unchanged from last update. Share price was steady at JP¥430 over the past week.Buy Or Sell Opportunity • Jun 01Now 21% undervaluedOver the last 90 days, the stock has risen 13% to JP¥441. The fair value is estimated to be JP¥560, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.6% in 2 years. Earnings are forecast to grow by 59% in the next 2 years.お知らせ • May 30NTN Corporation to Report Q1, 2027 Results on Aug 04, 2026NTN Corporation announced that they will report Q1, 2027 results on Aug 04, 2026分析記事 • May 21We Think NTN's (TSE:6472) Solid Earnings Are UnderstatedThe stock was sluggish on the back of NTN Corporation's ( TSE:6472 ) recent earnings report. We have done some...Buy Or Sell Opportunity • May 16Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥411. The fair value is estimated to be JP¥544, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.6% in 2 years. Earnings are forecast to grow by 59% in the next 2 years.お知らせ • May 14+ 1 more updateNTN Corporation (TSE:6472) signed a memorandum of understanding to acquire NSK Ltd. (TSE:6471).NTN Corporation (TSE:6472) signed a memorandum of understanding to acquire NSK Ltd. (TSE:6471) on May 12, 2026. The consideration consists of common equity of NTN Corporation to be issued for common equity of NSK Ltd. As part of consideration, an undisclosed value is paid towards common equity of NSK Ltd. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders. The expected completion of the transaction is October 1, 2027 to October 31, 2027.New Risk • May 13New 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 7.4% 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 Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.4% average weekly change).ライブニュース • May 12NTN and NSK Combine Bearings Businesses to Counter Global Market UncertaintyNSK and NTN have agreed to combine their global bearings and precision equipment operations under a newly created joint holding company. The integration aims to pool management resources and focus on higher value-added services across both businesses. The move is described as a response to softer demand conditions in China and Europe, as well as uncertainty around U.S. trade policies. The integration points to a push for scale and efficiency, with NTN looking to reinforce its competitive position by aligning closely with a key domestic peer. Investors may want to watch for future announcements on ownership structure, cost synergies, and any one-off integration expenses that could affect reported results around the time of the combination.お知らせ • May 09NTN Corporation to Report Fiscal Year 2026 Results on May 14, 2026NTN Corporation announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Price Target Changed • Feb 13Price target increased by 14% to JP¥418Up from JP¥368, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥411. Stock is up 70% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.分析記事 • Feb 09NTN (TSE:6472) Has Announced A Dividend Of ¥5.50NTN Corporation ( TSE:6472 ) will pay a dividend of ¥5.50 on the 26th of June. Based on this payment, the dividend...Reported Earnings • Feb 04Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥1.12 (up from JP¥11.57 loss in 3Q 2025). Revenue: JP¥201.1b (flat on 3Q 2025). Net income: JP¥620.0m (up JP¥6.75b from 3Q 2025). Profit margin: 0.3% (up from net loss in 3Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 5.6%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Price Target Changed • Feb 04Price target increased by 7.6% to JP¥375Up from JP¥349, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥382. Stock is up 55% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.分析記事 • Jan 15There's No Escaping NTN Corporation's (TSE:6472) Muted RevenuesWhen you see that almost half of the companies in the Machinery industry in Japan have price-to-sales ratios (or "P/S...Price Target Changed • Dec 16Price target increased by 7.8% to JP¥368Up from JP¥341, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥372. Stock is up 53% over the past year. The company is forecast to post a net loss per share of JP¥4.22 next year compared to a net loss per share of JP¥44.90 last year.分析記事 • Dec 02NTN (TSE:6472) Will Pay A Dividend Of ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...Declared Dividend • Dec 02First half dividend of JP¥5.50 announcedDividend of JP¥5.50 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Nov 29NTN Corporation to Report Q3, 2026 Results on Feb 03, 2026NTN Corporation announced that they will report Q3, 2026 results on Feb 03, 2026分析記事 • Nov 28NTN (TSE:6472) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Buy Or Sell Opportunity • Nov 18Now 22% undervaluedOver the last 90 days, the stock has risen 11% to JP¥355. The fair value is estimated to be JP¥454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 01Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥3.61 (up from JP¥4.33 loss in 2Q 2025). Revenue: JP¥203.2b (flat on 2Q 2025). Net income: JP¥1.91b (up JP¥4.21b from 2Q 2025). Profit margin: 0.9% (up from net loss in 2Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 22Upcoming dividend of JP¥2.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).お知らせ • Sep 01NTN Corporation to Report Q2, 2026 Results on Oct 31, 2025NTN Corporation announced that they will report Q2, 2026 results on Oct 31, 2025Price Target Changed • Aug 22Price target increased by 12% to JP¥287Up from JP¥257, the current price target is an average from 5 analysts. New target price is 12% below last closing price of JP¥325. Stock is up 21% over the past year. The company is forecast to post a net loss per share of JP¥10.15 next year compared to a net loss per share of JP¥44.90 last year.Major Estimate Revision • Aug 17Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -JP¥8.73 to -JP¥10.08 per share. Revenue forecast unchanged at JP¥789.4b. Machinery industry in Japan expected to see average net income growth of 9.5% next year. Consensus price target up from JP¥246 to JP¥257. Share price was steady at JP¥310 over the past week.分析記事 • Aug 11NTN Corporation's (TSE:6472) Shares Bounce 29% But Its Business Still Trails The IndustryTSE:6472 1 Year Share Price vs Fair Value Explore NTN's Fair Values from the Community and select yours NTN Corporation...分析記事 • Aug 06NTN Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextTSE:6472 1 Year Share Price vs Fair Value Explore NTN's Fair Values from the Community and select yours Shareholders of...Reported Earnings • Aug 05First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: JP¥2.25 (up from JP¥0.32 in 1Q 2025). Revenue: JP¥199.0b (down 5.6% from 1Q 2025). Net income: JP¥1.19b (up JP¥1.02b from 1Q 2025). Profit margin: 0.6% (up from 0.1% in 1Q 2025). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Aug 02Consensus EPS estimates fall by 206%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥807.3b to JP¥797.6b. Losses expected to increase from JP¥1.96 per share to JP¥6.00. Machinery industry in Japan expected to see average net income growth of 6.4% next year. Consensus price target of JP¥241 unchanged from last update. Share price rose 5.7% to JP¥263 over the past week.Declared Dividend • Jul 21Final dividend of JP¥2.50 announcedShareholders will receive a dividend of JP¥2.50. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time.分析記事 • Jul 15Is There An Opportunity With NTN Corporation's (TSE:6472) 41% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, NTN fair value estimate is JP¥418 Current share price of...Major Estimate Revision • Jul 02Consensus EPS estimates fall from profit to JP¥1.96 lossThe consensus outlook for fiscal year 2026 has been updated. Expected to report loss instead of -JP¥1.96 instead of JP¥2.75 per share profit previously forecast. Revenue forecast unchanged at JP¥807.3b Machinery industry in Japan expected to see average net income growth of 4.2% next year. Consensus price target broadly unchanged at JP¥241. Share price rose 6.8% to JP¥234 over the past week.分析記事 • Jun 27Little Excitement Around NTN Corporation's (TSE:6472) RevenuesWhen you see that almost half of the companies in the Machinery industry in Japan have price-to-sales ratios (or "P/S...お知らせ • Jun 27NTN Corporation to Report Q1, 2026 Results on Aug 04, 2025NTN Corporation announced that they will report Q1, 2026 results on Aug 04, 2025お知らせ • May 15NTN Corporation, Annual General Meeting, Jun 25, 2025NTN Corporation, Annual General Meeting, Jun 25, 2025.Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: JP¥44.90 loss per share (down from JP¥19.90 profit in FY 2024). Revenue: JP¥825.6b (down 1.3% from FY 2024). Net loss: JP¥23.8b (down 325% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 82%. Revenue is forecast to stay flat during the next 2 years compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).分析記事 • Mar 01NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...お知らせ • Mar 01NTN Corporation to Report Fiscal Year 2025 Results on May 14, 2025NTN Corporation announced that they will report fiscal year 2025 results on May 14, 2025分析記事 • Feb 06NTN Corporation Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsThe third-quarter results for NTN Corporation ( TSE:6472 ) were released last week, making it a good time to revisit...Reported Earnings • Feb 05Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: JP¥11.57 loss per share (down from JP¥6.70 profit in 3Q 2024). Revenue: JP¥201.6b (down 4.4% from 3Q 2024). Net loss: JP¥6.13b (down 272% from profit in 3Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Major Estimate Revision • Jan 24Consensus EPS estimates fall by 105%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥840.7b to JP¥830.9b. Losses expected to increase from JP¥3.44 per share to JP¥7.04. Machinery industry in Japan expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at JP¥268. Share price was steady at JP¥245 over the past week.分析記事 • Jan 14NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...分析記事 • Dec 31NTN (TSE:6472) Is Due To Pay A Dividend Of ¥5.50NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of June. This...Major Estimate Revision • Dec 31Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥849.8b to JP¥840.7b. Now expected to report a loss of JP¥3.44 per share instead of JP¥2.49 per share profit previously forecast. Machinery industry in Japan expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at JP¥271. Share price was steady at JP¥255 over the past week.分析記事 • Dec 17NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend on the 26th of June, with investors...Price Target Changed • Dec 10Price target decreased by 7.4% to JP¥274Down from JP¥296, the current price target is an average from 6 analysts. New target price is 12% above last closing price of JP¥245. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of JP¥2.49 for next year compared to JP¥19.90 last year.分析記事 • Dec 03NTN's (TSE:6472) Dividend Will Be ¥5.50NTN Corporation ( TSE:6472 ) will pay a dividend of ¥5.50 on the 26th of June. This makes the dividend yield 4.6...Declared Dividend • Dec 03First half dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (190% earnings payout ratio). However, it is well covered by cash flows (38% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 112% to bring the payout ratio under control. EPS is expected to grow by 247% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Major Estimate Revision • Nov 29Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥13.97 to JP¥16.55. Revenue forecast unchanged at JP¥856.7b. Net income forecast to grow 136% next year vs 15% growth forecast for Machinery industry in Japan. Consensus price target of JP¥279 unchanged from last update. Share price fell 4.5% to JP¥236 over the past week.お知らせ • Nov 06NTN Corporation to Report Q3, 2025 Results on Feb 04, 2025NTN Corporation announced that they will report Q3, 2025 results on Feb 04, 2025分析記事 • Nov 02Earnings Report: NTN Corporation Missed Revenue Estimates By 6.6%The interim results for NTN Corporation ( TSE:6472 ) were released last week, making it a good time to revisit its...Reported Earnings • Nov 02Second quarter 2025 earnings released: JP¥4.33 loss per share (vs JP¥4.68 profit in 2Q 2024)Second quarter 2025 results: JP¥4.33 loss per share (down from JP¥4.68 profit in 2Q 2024). Revenue: JP¥203.1b (down 2.7% from 2Q 2024). Net loss: JP¥2.30b (down 192% from profit in 2Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 27NTN Corporation to Report Q2, 2025 Results on Oct 31, 2024NTN Corporation announced that they will report Q2, 2025 results on Oct 31, 2024分析記事 • Sep 25NTN (TSE:6472) Is Paying Out A Larger Dividend Than Last YearNTN Corporation ( TSE:6472 ) will increase its dividend from last year's comparable payment on the 2nd of December to...Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).Major Estimate Revision • Sep 10Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥27.89 to JP¥22.65 per share. Revenue forecast steady at JP¥862.1b. Net income forecast to grow 37% next year vs 11% growth forecast for Machinery industry in Japan. Consensus price target broadly unchanged at JP¥296. Share price fell 5.9% to JP¥255 over the past week.分析記事 • Sep 06Here's Why NTN (TSE:6472) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Aug 16Price target decreased by 11% to JP¥306Down from JP¥343, the current price target is an average from 5 analysts. New target price is 13% above last closing price of JP¥271. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of JP¥28.22 for next year compared to JP¥19.90 last year.分析記事 • Aug 05Take Care Before Jumping Onto NTN Corporation (TSE:6472) Even Though It's 29% CheaperThe NTN Corporation ( TSE:6472 ) share price has fared very poorly over the last month, falling by a substantial 29...New Risk • Aug 05New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). 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 (6.3% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin).Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥0.32 (vs JP¥3.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥0.32 (down from JP¥3.09 in 1Q 2024). Revenue: JP¥210.8b (up 5.0% from 1Q 2024). Net income: JP¥170.0m (down 90% from 1Q 2024). Profit margin: 0.1% (down from 0.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Jul 25NTN (TSE:6472) Is Increasing Its Dividend To ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will be paying its dividend of ¥5.50 on the 2nd of...分析記事 • Jul 11NTN (TSE:6472) Has Announced That It Will Be Increasing Its Dividend To ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will be paying its dividend of ¥5.50 on the 2nd of...Declared Dividend • Jul 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 92% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 27The Returns At NTN (TSE:6472) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...分析記事 • May 22NTN's (TSE:6472) Solid Earnings Have Been Accounted For ConservativelyNTN Corporation's ( TSE:6472 ) solid earnings announcement recently didn't do much to the stock price. We did some...Reported Earnings • May 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥19.90 (up from JP¥19.53 in FY 2023). Revenue: JP¥836.3b (up 8.1% from FY 2023). Net income: JP¥10.6b (up 1.9% from FY 2023). Profit margin: 1.3% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 16NTN Corporation, Annual General Meeting, Jun 25, 2024NTN Corporation, Annual General Meeting, Jun 25, 2024.Major Estimate Revision • May 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥30.91 to JP¥26.18 per share. Revenue forecast steady at JP¥855.0b. Net income forecast to shrink 26% next year vs 8.1% growth forecast for Machinery industry in Japan . Consensus price target of JP¥338 unchanged from last update. Share price was steady at JP¥311 over the past week.Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).分析記事 • Mar 11NTN (TSE:6472) Has Announced A Dividend Of ¥5.00NTN Corporation's ( TSE:6472 ) investors are due to receive a payment of ¥5.00 per share on 28th of June. This will...お知らせ • Mar 02NTN Corporation to Report Fiscal Year 2024 Results on May 14, 2024NTN Corporation announced that they will report fiscal year 2024 results on May 14, 2024Price Target Changed • Feb 28Price target increased by 13% to JP¥325Up from JP¥288, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥311. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of JP¥18.99 for next year compared to JP¥19.53 last year.分析記事 • Feb 26NTN (TSE:6472) Will Pay A Dividend Of ¥5.00The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.00 per share on the 28th of...Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥6.70 (vs JP¥1.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.70 (up from JP¥1.66 in 3Q 2023). Revenue: JP¥210.9b (up 6.7% from 3Q 2023). Net income: JP¥3.56b (up 305% from 3Q 2023). Profit margin: 1.7% (up from 0.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 124% 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 • Feb 02+ 1 more updateNTN Corporation Revises Consolidated Earning Guidance for the Fiscal Year Ending March 31, 2024NTN Corporation revised consolidated earning guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 830,000 million, operating income of JPY 25,000 million, profit attributable to owners of parent of JPY 9,000 million and net income per share of JPY 16.95 against previous guidance of net sales of JPY 825,000 million, operating income of JPY 30,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 20.72. Reasons for revision: The company expects that the net sales will exceed the previous forecast due to the impact of foreign exchange rates while the sales volume will decrease due to factors such as reduction in sales for industrial machinery market in addition to automotive market mainly in Japan, Europe and China, and effects of the earthquake which struck Noto Peninsula, Ishikawa, Japan. On the other hand, The company expects that operating income, ordinary income, and profit attributable to owners of parent will be below the previous forecast due to the significant impact of the decrease in sales volume, despite the impact of foreign exchange rates. The company assume that the exchange rate to be USD 1 = JPY 140 and EUR 1= JPY 155 from the first quarter.お知らせ • Nov 27NTN Corporation to Report Q3, 2024 Results on Feb 02, 2024NTN Corporation announced that they will report Q3, 2024 results on Feb 02, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥4.68 (vs JP¥1.61 in 2Q 2023)Second quarter 2024 results: EPS: JP¥4.68 (up from JP¥1.61 in 2Q 2023). Revenue: JP¥208.9b (up 4.9% from 2Q 2023). Net income: JP¥2.48b (up 191% from 2Q 2023). Profit margin: 1.2% (up from 0.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01NTN Corporation Announces Dividend for the Second Quarter and Provides Dividend Guidance for the Year End of Fiscal Year Ending March 31, 2024NTN Corporation announced dividend for the second quarter and provided dividend guidance for the year end of fiscal year ending March 31, 2024. For the second quarter, company announced dividend of JPY 5.00 per share against JPY 2.50 per share a year ago. Payment date is December 1, 2023. For the year end. the company expects dividend of JPY 5.00 per share against JPY 2.50 per share a year ago.Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).Price Target Changed • Aug 31Price target decreased by 7.0% to JP¥318Down from JP¥342, the current price target is an average from 5 analysts. New target price is 9.7% above last closing price of JP¥290. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥26.09 for next year compared to JP¥19.53 last year.お知らせ • Aug 27NTN Corporation to Report Q2, 2024 Results on Oct 31, 2023NTN Corporation announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥3.09 (vs JP¥4.69 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥3.09 (up from JP¥4.69 loss in 1Q 2023). Revenue: JP¥200.8b (up 16% from 1Q 2023). Net income: JP¥1.64b (up JP¥4.13b from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 31Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥36.33 to JP¥31.51 per share. Revenue forecast steady at JP¥798.4b. Net income forecast to grow 76% next year vs 3.5% growth forecast for Machinery industry in Japan. Consensus price target down from JP¥435 to JP¥370. Share price fell 5.5% to JP¥277 over the past week.お知らせ • May 31NTN Corporation to Report Q1, 2024 Results on Aug 02, 2023NTN Corporation announced that they will report Q1, 2024 results on Aug 02, 2023Price Target Changed • May 30Price target decreased by 12% to JP¥370Down from JP¥423, the current price target is an average from 7 analysts. New target price is 29% above last closing price of JP¥286. Stock is up 8.7% over the past year. The company is forecast to post earnings per share of JP¥34.34 for next year compared to JP¥19.53 last year.Reported Earnings • May 18Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥19.53 (up from JP¥13.83 in FY 2022). Revenue: JP¥774.0b (up 21% from FY 2022). Net income: JP¥10.4b (up 41% from FY 2022). Profit margin: 1.3% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥290, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥508 per share.お知らせ • May 13NTN Corporation, Annual General Meeting, Jun 27, 2023NTN Corporation, Annual General Meeting, Jun 27, 2023.業績と収益の成長予測TSE:6472 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029898,90026,95033,00068,00023/31/2028875,20021,43326,95059,45033/31/2027858,10015,06713,01048,01036/30/2026839,58413,60930,67165,036N/A3/31/2026826,34412,87124,99657,179N/A12/31/2025813,408-11,83024,96559,401N/A9/30/2025813,896-18,57628,73959,150N/A6/30/2025813,817-22,78133,97263,297N/A3/31/2025825,587-23,80119,17845,623N/A12/31/2024831,258-5,3654,46731,823N/A9/30/2024840,5854,31915,28144,109N/A6/30/2024846,3269,09721,61549,267N/A3/31/2024836,28510,56838,04565,103N/A12/31/2023825,08318,80336,88160,184N/A9/30/2023811,90516,12423,89047,534N/A6/30/2023802,11414,49520,42942,873N/A3/31/2023773,96010,36710,49434,219N/A12/31/2022743,3198,09510,84333,890N/A9/30/2022707,9296,756-1,17721,845N/A6/30/2022658,0143,670-18,3394,466N/A3/31/2022642,0237,341-12,9148,956N/A12/31/2021631,421135-61521,755N/A9/30/2021629,4221,72436,25159,052N/A6/30/2021627,5411,66932,72460,042N/A3/31/2021562,847-11,6416,84936,473N/A12/31/2020556,119-56,148-1,54737,035N/A9/30/2020556,223-59,539-46,1509,235N/A6/30/2020571,749-58,514-40,67619,601N/A3/31/2020651,495-43,992N/A43,749N/A12/31/2019676,393-17,168N/A42,926N/A9/30/2019697,875-13,964N/A48,172N/A6/30/2019716,045-10,465N/A44,940N/A3/31/2019733,569-6,958N/A43,224N/A12/31/2018748,02215,676N/A44,724N/A9/30/2018756,62420,132N/A46,679N/A6/30/2018754,52422,384N/A56,586N/A3/31/2018744,37220,373N/A61,799N/A12/31/2017733,4456,897N/A59,165N/A9/30/2017714,4395,085N/A57,314N/A6/30/2017695,1153,033N/A59,697N/A3/31/2017683,3292,831N/A62,388N/A12/31/2016678,01815,159N/A63,730N/A9/30/2016683,04910,772N/A54,411N/A6/30/2016701,4688,941N/A46,548N/A3/31/2016716,99715,037N/A46,247N/A12/31/2015726,05216,926N/A36,573N/A9/30/2015726,42724,473N/A48,543N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6472の予測収益成長率 (年間26% ) は 貯蓄率 ( 0.9% ) を上回っています。収益対市場: 6472の収益 ( 26% ) はJP市場 ( 8.8% ) よりも速いペースで成長すると予測されています。高成長収益: 6472の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 6472の収益 ( 2.4% ) JP市場 ( 6.1% ) よりも低い成長が予測されています。高い収益成長: 6472の収益 ( 2.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6472の 自己資本利益率 は、3年後には低くなると予測されています ( 7.5 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 15:25終値2026/08/21 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NTN Corporation 3 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。15 アナリスト機関Tsutomu KijimaBarclaysHideyuki MizunoBofA Global ResearchHisanori ShimoiCitigroup Inc12 その他のアナリストを表示
分析記事 • Aug 06Earnings Miss: NTN Corporation Missed EPS By 62% And Analysts Are Revising Their ForecastsInvestors in NTN Corporation ( TSE:6472 ) had a good week, as its shares rose 4.6% to close at JP¥390 following the...
Major Estimate Revision • Jun 09Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥22.38 to JP¥25.41. Revenue forecast unchanged at JP¥840.2b. Net income forecast to grow 25% next year vs 8.5% growth forecast for Machinery industry in Japan. Consensus price target of JP¥415 unchanged from last update. Share price was steady at JP¥430 over the past week.
Price Target Changed • Feb 13Price target increased by 14% to JP¥418Up from JP¥368, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥411. Stock is up 70% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.
Price Target Changed • Feb 04Price target increased by 7.6% to JP¥375Up from JP¥349, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥382. Stock is up 55% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.
Price Target Changed • Dec 16Price target increased by 7.8% to JP¥368Up from JP¥341, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥372. Stock is up 53% over the past year. The company is forecast to post a net loss per share of JP¥4.22 next year compared to a net loss per share of JP¥44.90 last year.
Price Target Changed • Aug 22Price target increased by 12% to JP¥287Up from JP¥257, the current price target is an average from 5 analysts. New target price is 12% below last closing price of JP¥325. Stock is up 21% over the past year. The company is forecast to post a net loss per share of JP¥10.15 next year compared to a net loss per share of JP¥44.90 last year.
分析記事 • Aug 06Earnings Miss: NTN Corporation Missed EPS By 62% And Analysts Are Revising Their ForecastsInvestors in NTN Corporation ( TSE:6472 ) had a good week, as its shares rose 4.6% to close at JP¥390 following the...
Reported Earnings • Aug 05First quarter 2027 earnings: EPS misses analyst expectationsFirst quarter 2027 results: EPS: JP¥3.24 (up from JP¥2.25 in 1Q 2026). Revenue: JP¥212.3b (up 6.7% from 1Q 2026). Net income: JP¥1.93b (up 62% from 1Q 2026). Profit margin: 0.9% (up from 0.6% in 1Q 2026). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 25Final dividend of JP¥6.50 announcedShareholders will receive a dividend of JP¥6.50. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥23.40 (up from JP¥44.90 loss in FY 2025). Revenue: JP¥826.3b (flat on FY 2025). Net income: JP¥12.9b (up JP¥36.7b from FY 2025). Profit margin: 1.6% (up from net loss in FY 2025). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jun 17Now 20% undervaluedOver the last 90 days, the stock has risen 32% to JP¥440. The fair value is estimated to be JP¥552, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Major Estimate Revision • Jun 09Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥22.38 to JP¥25.41. Revenue forecast unchanged at JP¥840.2b. Net income forecast to grow 25% next year vs 8.5% growth forecast for Machinery industry in Japan. Consensus price target of JP¥415 unchanged from last update. Share price was steady at JP¥430 over the past week.
Buy Or Sell Opportunity • Jun 01Now 21% undervaluedOver the last 90 days, the stock has risen 13% to JP¥441. The fair value is estimated to be JP¥560, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.6% in 2 years. Earnings are forecast to grow by 59% in the next 2 years.
お知らせ • May 30NTN Corporation to Report Q1, 2027 Results on Aug 04, 2026NTN Corporation announced that they will report Q1, 2027 results on Aug 04, 2026
分析記事 • May 21We Think NTN's (TSE:6472) Solid Earnings Are UnderstatedThe stock was sluggish on the back of NTN Corporation's ( TSE:6472 ) recent earnings report. We have done some...
Buy Or Sell Opportunity • May 16Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥411. The fair value is estimated to be JP¥544, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.6% in 2 years. Earnings are forecast to grow by 59% in the next 2 years.
お知らせ • May 14+ 1 more updateNTN Corporation (TSE:6472) signed a memorandum of understanding to acquire NSK Ltd. (TSE:6471).NTN Corporation (TSE:6472) signed a memorandum of understanding to acquire NSK Ltd. (TSE:6471) on May 12, 2026. The consideration consists of common equity of NTN Corporation to be issued for common equity of NSK Ltd. As part of consideration, an undisclosed value is paid towards common equity of NSK Ltd. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders. The expected completion of the transaction is October 1, 2027 to October 31, 2027.
New Risk • May 13New 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 7.4% 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 Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.4% average weekly change).
ライブニュース • May 12NTN and NSK Combine Bearings Businesses to Counter Global Market UncertaintyNSK and NTN have agreed to combine their global bearings and precision equipment operations under a newly created joint holding company. The integration aims to pool management resources and focus on higher value-added services across both businesses. The move is described as a response to softer demand conditions in China and Europe, as well as uncertainty around U.S. trade policies. The integration points to a push for scale and efficiency, with NTN looking to reinforce its competitive position by aligning closely with a key domestic peer. Investors may want to watch for future announcements on ownership structure, cost synergies, and any one-off integration expenses that could affect reported results around the time of the combination.
お知らせ • May 09NTN Corporation to Report Fiscal Year 2026 Results on May 14, 2026NTN Corporation announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Price Target Changed • Feb 13Price target increased by 14% to JP¥418Up from JP¥368, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥411. Stock is up 70% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.
分析記事 • Feb 09NTN (TSE:6472) Has Announced A Dividend Of ¥5.50NTN Corporation ( TSE:6472 ) will pay a dividend of ¥5.50 on the 26th of June. Based on this payment, the dividend...
Reported Earnings • Feb 04Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥1.12 (up from JP¥11.57 loss in 3Q 2025). Revenue: JP¥201.1b (flat on 3Q 2025). Net income: JP¥620.0m (up JP¥6.75b from 3Q 2025). Profit margin: 0.3% (up from net loss in 3Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 5.6%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Price Target Changed • Feb 04Price target increased by 7.6% to JP¥375Up from JP¥349, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥382. Stock is up 55% over the past year. The company is forecast to post a net loss per share of JP¥7.60 next year compared to a net loss per share of JP¥44.90 last year.
分析記事 • Jan 15There's No Escaping NTN Corporation's (TSE:6472) Muted RevenuesWhen you see that almost half of the companies in the Machinery industry in Japan have price-to-sales ratios (or "P/S...
Price Target Changed • Dec 16Price target increased by 7.8% to JP¥368Up from JP¥341, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥372. Stock is up 53% over the past year. The company is forecast to post a net loss per share of JP¥4.22 next year compared to a net loss per share of JP¥44.90 last year.
分析記事 • Dec 02NTN (TSE:6472) Will Pay A Dividend Of ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...
Declared Dividend • Dec 02First half dividend of JP¥5.50 announcedDividend of JP¥5.50 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Nov 29NTN Corporation to Report Q3, 2026 Results on Feb 03, 2026NTN Corporation announced that they will report Q3, 2026 results on Feb 03, 2026
分析記事 • Nov 28NTN (TSE:6472) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Buy Or Sell Opportunity • Nov 18Now 22% undervaluedOver the last 90 days, the stock has risen 11% to JP¥355. The fair value is estimated to be JP¥454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 01Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥3.61 (up from JP¥4.33 loss in 2Q 2025). Revenue: JP¥203.2b (flat on 2Q 2025). Net income: JP¥1.91b (up JP¥4.21b from 2Q 2025). Profit margin: 0.9% (up from net loss in 2Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥2.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
お知らせ • Sep 01NTN Corporation to Report Q2, 2026 Results on Oct 31, 2025NTN Corporation announced that they will report Q2, 2026 results on Oct 31, 2025
Price Target Changed • Aug 22Price target increased by 12% to JP¥287Up from JP¥257, the current price target is an average from 5 analysts. New target price is 12% below last closing price of JP¥325. Stock is up 21% over the past year. The company is forecast to post a net loss per share of JP¥10.15 next year compared to a net loss per share of JP¥44.90 last year.
Major Estimate Revision • Aug 17Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -JP¥8.73 to -JP¥10.08 per share. Revenue forecast unchanged at JP¥789.4b. Machinery industry in Japan expected to see average net income growth of 9.5% next year. Consensus price target up from JP¥246 to JP¥257. Share price was steady at JP¥310 over the past week.
分析記事 • Aug 11NTN Corporation's (TSE:6472) Shares Bounce 29% But Its Business Still Trails The IndustryTSE:6472 1 Year Share Price vs Fair Value Explore NTN's Fair Values from the Community and select yours NTN Corporation...
分析記事 • Aug 06NTN Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextTSE:6472 1 Year Share Price vs Fair Value Explore NTN's Fair Values from the Community and select yours Shareholders of...
Reported Earnings • Aug 05First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: JP¥2.25 (up from JP¥0.32 in 1Q 2025). Revenue: JP¥199.0b (down 5.6% from 1Q 2025). Net income: JP¥1.19b (up JP¥1.02b from 1Q 2025). Profit margin: 0.6% (up from 0.1% in 1Q 2025). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Aug 02Consensus EPS estimates fall by 206%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥807.3b to JP¥797.6b. Losses expected to increase from JP¥1.96 per share to JP¥6.00. Machinery industry in Japan expected to see average net income growth of 6.4% next year. Consensus price target of JP¥241 unchanged from last update. Share price rose 5.7% to JP¥263 over the past week.
Declared Dividend • Jul 21Final dividend of JP¥2.50 announcedShareholders will receive a dividend of JP¥2.50. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time.
分析記事 • Jul 15Is There An Opportunity With NTN Corporation's (TSE:6472) 41% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, NTN fair value estimate is JP¥418 Current share price of...
Major Estimate Revision • Jul 02Consensus EPS estimates fall from profit to JP¥1.96 lossThe consensus outlook for fiscal year 2026 has been updated. Expected to report loss instead of -JP¥1.96 instead of JP¥2.75 per share profit previously forecast. Revenue forecast unchanged at JP¥807.3b Machinery industry in Japan expected to see average net income growth of 4.2% next year. Consensus price target broadly unchanged at JP¥241. Share price rose 6.8% to JP¥234 over the past week.
分析記事 • Jun 27Little Excitement Around NTN Corporation's (TSE:6472) RevenuesWhen you see that almost half of the companies in the Machinery industry in Japan have price-to-sales ratios (or "P/S...
お知らせ • Jun 27NTN Corporation to Report Q1, 2026 Results on Aug 04, 2025NTN Corporation announced that they will report Q1, 2026 results on Aug 04, 2025
お知らせ • May 15NTN Corporation, Annual General Meeting, Jun 25, 2025NTN Corporation, Annual General Meeting, Jun 25, 2025.
Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: JP¥44.90 loss per share (down from JP¥19.90 profit in FY 2024). Revenue: JP¥825.6b (down 1.3% from FY 2024). Net loss: JP¥23.8b (down 325% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 82%. Revenue is forecast to stay flat during the next 2 years compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).
分析記事 • Mar 01NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...
お知らせ • Mar 01NTN Corporation to Report Fiscal Year 2025 Results on May 14, 2025NTN Corporation announced that they will report fiscal year 2025 results on May 14, 2025
分析記事 • Feb 06NTN Corporation Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsThe third-quarter results for NTN Corporation ( TSE:6472 ) were released last week, making it a good time to revisit...
Reported Earnings • Feb 05Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: JP¥11.57 loss per share (down from JP¥6.70 profit in 3Q 2024). Revenue: JP¥201.6b (down 4.4% from 3Q 2024). Net loss: JP¥6.13b (down 272% from profit in 3Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Major Estimate Revision • Jan 24Consensus EPS estimates fall by 105%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥840.7b to JP¥830.9b. Losses expected to increase from JP¥3.44 per share to JP¥7.04. Machinery industry in Japan expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at JP¥268. Share price was steady at JP¥245 over the past week.
分析記事 • Jan 14NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of...
分析記事 • Dec 31NTN (TSE:6472) Is Due To Pay A Dividend Of ¥5.50NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.50 per share on the 26th of June. This...
Major Estimate Revision • Dec 31Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥849.8b to JP¥840.7b. Now expected to report a loss of JP¥3.44 per share instead of JP¥2.49 per share profit previously forecast. Machinery industry in Japan expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at JP¥271. Share price was steady at JP¥255 over the past week.
分析記事 • Dec 17NTN's (TSE:6472) Dividend Will Be ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend on the 26th of June, with investors...
Price Target Changed • Dec 10Price target decreased by 7.4% to JP¥274Down from JP¥296, the current price target is an average from 6 analysts. New target price is 12% above last closing price of JP¥245. Stock is down 6.0% over the past year. The company is forecast to post earnings per share of JP¥2.49 for next year compared to JP¥19.90 last year.
分析記事 • Dec 03NTN's (TSE:6472) Dividend Will Be ¥5.50NTN Corporation ( TSE:6472 ) will pay a dividend of ¥5.50 on the 26th of June. This makes the dividend yield 4.6...
Declared Dividend • Dec 03First half dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (190% earnings payout ratio). However, it is well covered by cash flows (38% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 112% to bring the payout ratio under control. EPS is expected to grow by 247% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Major Estimate Revision • Nov 29Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥13.97 to JP¥16.55. Revenue forecast unchanged at JP¥856.7b. Net income forecast to grow 136% next year vs 15% growth forecast for Machinery industry in Japan. Consensus price target of JP¥279 unchanged from last update. Share price fell 4.5% to JP¥236 over the past week.
お知らせ • Nov 06NTN Corporation to Report Q3, 2025 Results on Feb 04, 2025NTN Corporation announced that they will report Q3, 2025 results on Feb 04, 2025
分析記事 • Nov 02Earnings Report: NTN Corporation Missed Revenue Estimates By 6.6%The interim results for NTN Corporation ( TSE:6472 ) were released last week, making it a good time to revisit its...
Reported Earnings • Nov 02Second quarter 2025 earnings released: JP¥4.33 loss per share (vs JP¥4.68 profit in 2Q 2024)Second quarter 2025 results: JP¥4.33 loss per share (down from JP¥4.68 profit in 2Q 2024). Revenue: JP¥203.1b (down 2.7% from 2Q 2024). Net loss: JP¥2.30b (down 192% from profit in 2Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 27NTN Corporation to Report Q2, 2025 Results on Oct 31, 2024NTN Corporation announced that they will report Q2, 2025 results on Oct 31, 2024
分析記事 • Sep 25NTN (TSE:6472) Is Paying Out A Larger Dividend Than Last YearNTN Corporation ( TSE:6472 ) will increase its dividend from last year's comparable payment on the 2nd of December to...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).
Major Estimate Revision • Sep 10Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥27.89 to JP¥22.65 per share. Revenue forecast steady at JP¥862.1b. Net income forecast to grow 37% next year vs 11% growth forecast for Machinery industry in Japan. Consensus price target broadly unchanged at JP¥296. Share price fell 5.9% to JP¥255 over the past week.
分析記事 • Sep 06Here's Why NTN (TSE:6472) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Aug 16Price target decreased by 11% to JP¥306Down from JP¥343, the current price target is an average from 5 analysts. New target price is 13% above last closing price of JP¥271. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of JP¥28.22 for next year compared to JP¥19.90 last year.
分析記事 • Aug 05Take Care Before Jumping Onto NTN Corporation (TSE:6472) Even Though It's 29% CheaperThe NTN Corporation ( TSE:6472 ) share price has fared very poorly over the last month, falling by a substantial 29...
New Risk • Aug 05New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). 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 (6.3% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin).
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥0.32 (vs JP¥3.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥0.32 (down from JP¥3.09 in 1Q 2024). Revenue: JP¥210.8b (up 5.0% from 1Q 2024). Net income: JP¥170.0m (down 90% from 1Q 2024). Profit margin: 0.1% (down from 0.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Jul 25NTN (TSE:6472) Is Increasing Its Dividend To ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will be paying its dividend of ¥5.50 on the 2nd of...
分析記事 • Jul 11NTN (TSE:6472) Has Announced That It Will Be Increasing Its Dividend To ¥5.50The board of NTN Corporation ( TSE:6472 ) has announced that it will be paying its dividend of ¥5.50 on the 2nd of...
Declared Dividend • Jul 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 92% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 27The Returns At NTN (TSE:6472) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
分析記事 • May 22NTN's (TSE:6472) Solid Earnings Have Been Accounted For ConservativelyNTN Corporation's ( TSE:6472 ) solid earnings announcement recently didn't do much to the stock price. We did some...
Reported Earnings • May 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥19.90 (up from JP¥19.53 in FY 2023). Revenue: JP¥836.3b (up 8.1% from FY 2023). Net income: JP¥10.6b (up 1.9% from FY 2023). Profit margin: 1.3% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 16NTN Corporation, Annual General Meeting, Jun 25, 2024NTN Corporation, Annual General Meeting, Jun 25, 2024.
Major Estimate Revision • May 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥30.91 to JP¥26.18 per share. Revenue forecast steady at JP¥855.0b. Net income forecast to shrink 26% next year vs 8.1% growth forecast for Machinery industry in Japan . Consensus price target of JP¥338 unchanged from last update. Share price was steady at JP¥311 over the past week.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
分析記事 • Mar 11NTN (TSE:6472) Has Announced A Dividend Of ¥5.00NTN Corporation's ( TSE:6472 ) investors are due to receive a payment of ¥5.00 per share on 28th of June. This will...
お知らせ • Mar 02NTN Corporation to Report Fiscal Year 2024 Results on May 14, 2024NTN Corporation announced that they will report fiscal year 2024 results on May 14, 2024
Price Target Changed • Feb 28Price target increased by 13% to JP¥325Up from JP¥288, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥311. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of JP¥18.99 for next year compared to JP¥19.53 last year.
分析記事 • Feb 26NTN (TSE:6472) Will Pay A Dividend Of ¥5.00The board of NTN Corporation ( TSE:6472 ) has announced that it will pay a dividend of ¥5.00 per share on the 28th of...
Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥6.70 (vs JP¥1.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.70 (up from JP¥1.66 in 3Q 2023). Revenue: JP¥210.9b (up 6.7% from 3Q 2023). Net income: JP¥3.56b (up 305% from 3Q 2023). Profit margin: 1.7% (up from 0.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 124% 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 • Feb 02+ 1 more updateNTN Corporation Revises Consolidated Earning Guidance for the Fiscal Year Ending March 31, 2024NTN Corporation revised consolidated earning guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 830,000 million, operating income of JPY 25,000 million, profit attributable to owners of parent of JPY 9,000 million and net income per share of JPY 16.95 against previous guidance of net sales of JPY 825,000 million, operating income of JPY 30,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 20.72. Reasons for revision: The company expects that the net sales will exceed the previous forecast due to the impact of foreign exchange rates while the sales volume will decrease due to factors such as reduction in sales for industrial machinery market in addition to automotive market mainly in Japan, Europe and China, and effects of the earthquake which struck Noto Peninsula, Ishikawa, Japan. On the other hand, The company expects that operating income, ordinary income, and profit attributable to owners of parent will be below the previous forecast due to the significant impact of the decrease in sales volume, despite the impact of foreign exchange rates. The company assume that the exchange rate to be USD 1 = JPY 140 and EUR 1= JPY 155 from the first quarter.
お知らせ • Nov 27NTN Corporation to Report Q3, 2024 Results on Feb 02, 2024NTN Corporation announced that they will report Q3, 2024 results on Feb 02, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥4.68 (vs JP¥1.61 in 2Q 2023)Second quarter 2024 results: EPS: JP¥4.68 (up from JP¥1.61 in 2Q 2023). Revenue: JP¥208.9b (up 4.9% from 2Q 2023). Net income: JP¥2.48b (up 191% from 2Q 2023). Profit margin: 1.2% (up from 0.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01NTN Corporation Announces Dividend for the Second Quarter and Provides Dividend Guidance for the Year End of Fiscal Year Ending March 31, 2024NTN Corporation announced dividend for the second quarter and provided dividend guidance for the year end of fiscal year ending March 31, 2024. For the second quarter, company announced dividend of JPY 5.00 per share against JPY 2.50 per share a year ago. Payment date is December 1, 2023. For the year end. the company expects dividend of JPY 5.00 per share against JPY 2.50 per share a year ago.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).
Price Target Changed • Aug 31Price target decreased by 7.0% to JP¥318Down from JP¥342, the current price target is an average from 5 analysts. New target price is 9.7% above last closing price of JP¥290. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥26.09 for next year compared to JP¥19.53 last year.
お知らせ • Aug 27NTN Corporation to Report Q2, 2024 Results on Oct 31, 2023NTN Corporation announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥3.09 (vs JP¥4.69 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥3.09 (up from JP¥4.69 loss in 1Q 2023). Revenue: JP¥200.8b (up 16% from 1Q 2023). Net income: JP¥1.64b (up JP¥4.13b from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 31Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥36.33 to JP¥31.51 per share. Revenue forecast steady at JP¥798.4b. Net income forecast to grow 76% next year vs 3.5% growth forecast for Machinery industry in Japan. Consensus price target down from JP¥435 to JP¥370. Share price fell 5.5% to JP¥277 over the past week.
お知らせ • May 31NTN Corporation to Report Q1, 2024 Results on Aug 02, 2023NTN Corporation announced that they will report Q1, 2024 results on Aug 02, 2023
Price Target Changed • May 30Price target decreased by 12% to JP¥370Down from JP¥423, the current price target is an average from 7 analysts. New target price is 29% above last closing price of JP¥286. Stock is up 8.7% over the past year. The company is forecast to post earnings per share of JP¥34.34 for next year compared to JP¥19.53 last year.
Reported Earnings • May 18Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥19.53 (up from JP¥13.83 in FY 2022). Revenue: JP¥774.0b (up 21% from FY 2022). Net income: JP¥10.4b (up 41% from FY 2022). Profit margin: 1.3% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥290, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥508 per share.
お知らせ • May 13NTN Corporation, Annual General Meeting, Jun 27, 2023NTN Corporation, Annual General Meeting, Jun 27, 2023.