View ValuationNOF 将来の成長Future 基準チェック /16NOF利益と収益がそれぞれ年間4.1%と4.3%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14.6% 6.3%なると予測されています。主要情報4.1%収益成長率6.29%EPS成長率Chemicals 収益成長13.0%収益成長率4.3%将来の株主資本利益率14.57%アナリストカバレッジGood最終更新日30 Jun 2026今後の成長に関する最新情報Price Target Changed • Dec 13Price target increased by 9.0% to JP¥3,760Up from JP¥3,450, the current price target is an average from 5 analysts. New target price is 14% above last closing price of JP¥3,284. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥154 last year.Price Target Changed • Jul 29Price target increased by 12% to JP¥3,283Up from JP¥2,933, the current price target is an average from 3 analysts. New target price is 9.7% above last closing price of JP¥2,994. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥165 for next year compared to JP¥154 last year.Price Target Changed • Jun 06Price target increased by 9.2% to JP¥2,933Up from JP¥2,687, the current price target is an average from 3 analysts. New target price is 9.4% above last closing price of JP¥2,681. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥154 last year.お知らせ • Nov 15+ 1 more updateNOF Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects Net sales of JPY 220,000 million, Operating profit of JPY 40,000 million, Profit attributable to owners of parent of JPY 32,500 million and Basic earnings per share of JPY 404.01.お知らせ • Aug 18+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.お知らせ • May 23+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jul 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,788. The fair value is estimated to be JP¥3,515, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.Board Change • Jun 28Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Takashi Kamada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • May 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.9% to JP¥2,808. The fair value is estimated to be JP¥3,514, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.分析記事 • May 18NOF's (TSE:4403) Solid Earnings May Rest On Weak FoundationsNOF Corporation's ( TSE:4403 ) stock didn't jump after it announced some healthy earnings. We did some digging and...お知らせ • May 12NOF Corporation (TSE:4403) announces an Equity Buyback for 1,700,000 shares, representing 0.75% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 0.75% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till June 30, 2026. As of April 30, 2026, the company had 226,548,690 shares outstanding excluding treasury shares and had 9,975,438 shares in treasury.Reported Earnings • May 12Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥176 (up from JP¥154 in FY 2025). Revenue: JP¥258.0b (up 8.2% from FY 2025). Net income: JP¥40.6b (up 11% from FY 2025). Profit margin: 16% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.お知らせ • May 11NOF Corporation, Annual General Meeting, Jun 26, 2026NOF Corporation, Annual General Meeting, Jun 26, 2026.Buy Or Sell Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥2,800. The fair value is estimated to be JP¥3,512, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).お知らせ • Mar 06NOF Corporation to Report Fiscal Year 2026 Results on May 11, 2026NOF Corporation announced that they will report fiscal year 2026 results on May 11, 2026Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.9% to JP¥2,888. The fair value is estimated to be JP¥3,760, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Buy Or Sell Opportunity • Feb 16Now 20% undervaluedOver the last 90 days, the stock has risen 7.3% to JP¥2,918. The fair value is estimated to be JP¥3,670, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥44.28 (vs JP¥44.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.28 (down from JP¥44.78 in 3Q 2025). Revenue: JP¥64.3b (up 6.0% from 3Q 2025). Net income: JP¥10.1b (down 4.4% from 3Q 2025). Profit margin: 16% (down from 18% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 1 more updateNOF Corporation Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026NOF Corporation revised year end dividend guidance for the fiscal year ending March 31, 2026. For the year, the company revised dividend of JPY 35.00 per share compared to previous guidance of JPY 26.00 per share. Reason for revision: Recognizing that returning profits to its shareholders serves as an important managerial issue, the Company accordingly strives to maintain and increase its dividends while also taking a flexible approach to purchase and cancellation of its treasury shares. The Company has revised its year-end dividend forecast per share to JPY 35, an increase of JPY 9 from the previous forecast of JPY 26, upon having comprehensively taken into account factors that include the above policy, results released as of the date of this notice and the Company's financial status. As a result, total annual dividend per share will be JPY 61, for an increase of JPY 9 relative to the previously announced forecast and an increase of JPY 16 relative to the previous fiscal year.分析記事 • Feb 13NOF's (TSE:4403) Dividend Will Be ¥26.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥26.00 per share on the 30th of June. Even...お知らせ • Feb 13NOF Corporation (TSE:4403) announces an Equity Buyback for 1,800,000 shares, representing 0.79% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 0.79% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till March 31, 2026. As of January 31, 2026, the company had 228,229,884 shares outstanding excluding treasury shares and had 8,294,244 shares in treasury.分析記事 • Jan 26Investors Appear Satisfied With NOF Corporation's (TSE:4403) ProspectsNOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 20.1x might make it look like a sell right now...分析記事 • Dec 18Does NOF (TSE:4403) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Dec 13Price target increased by 9.0% to JP¥3,760Up from JP¥3,450, the current price target is an average from 5 analysts. New target price is 14% above last closing price of JP¥3,284. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥154 last year.お知らせ • Dec 06NOF Corporation to Report Q3, 2026 Results on Feb 13, 2026NOF Corporation announced that they will report Q3, 2026 results on Feb 13, 2026分析記事 • Dec 02NOF's (TSE:4403) Dividend Will Be ¥26.00The board of NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥26.00 per share on the 30th of...Declared Dividend • Dec 02First half dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 23NOF Corporation to Report First Half, 2026 Results on Nov 28, 2025NOF Corporation announced that they will report first half, 2026 results on Nov 28, 2025Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥29.56 (vs JP¥25.07 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.56 (up from JP¥25.07 in 2Q 2025). Revenue: JP¥53.1b (down 4.1% from 2Q 2025). Net income: JP¥6.81b (up 14% from 2Q 2025). Profit margin: 13% (up from 11% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 06NOF Corporation (TSE:4403) announces an Equity Buyback for 2,000,000 shares, representing 0.87% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 0.87% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to further return profits to shareholders with Mid-Term Management Plan. The repurchase program is valid till December 31, 2025. As of October 31, 2025, the company had 229,944,904 shares outstanding excluding treasury shares and had 6,579,224 shares in treasury.分析記事 • Oct 29NOF (TSE:4403) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...分析記事 • Oct 12Is NOF Corporation (TSE:4403) Worth JP¥2.6k Based On Its Intrinsic Value?Key Insights The projected fair value for NOF is JP¥2,081 based on 2 Stage Free Cash Flow to Equity NOF's JP¥2,591...Buy Or Sell Opportunity • Oct 06Now 24% overvaluedOver the last 90 days, the stock has fallen 8.1% to JP¥2,627. The fair value is estimated to be JP¥2,120, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 6.6%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 7.1% per annum over the same time period.Upcoming Dividend • Sep 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 87%. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).分析記事 • Sep 05NOF (TSE:4403) Will Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December. The...お知らせ • Sep 05NOF Corporation to Report Q2, 2026 Results on Nov 06, 2025NOF Corporation announced that they will report Q2, 2026 results on Nov 06, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥37.00 (vs JP¥46.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.00 (down from JP¥46.30 in 1Q 2025). Revenue: JP¥56.1b (up 1.7% from 1Q 2025). Net income: JP¥8.61b (down 22% from 1Q 2025). Profit margin: 15% (down from 20% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jul 29Price target increased by 12% to JP¥3,283Up from JP¥2,933, the current price target is an average from 3 analysts. New target price is 9.7% above last closing price of JP¥2,994. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥165 for next year compared to JP¥154 last year.分析記事 • Jul 23NOF (TSE:4403) Is Due To Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December...分析記事 • Jul 09NOF (TSE:4403) Is Due To Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December. This...Declared Dividend • Jul 09Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Jun 06Price target increased by 9.2% to JP¥2,933Up from JP¥2,687, the current price target is an average from 3 analysts. New target price is 9.4% above last closing price of JP¥2,681. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥154 last year.お知らせ • Jun 06NOF Corporation to Report Q1, 2026 Results on Aug 06, 2025NOF Corporation announced that they will report Q1, 2026 results on Aug 06, 2025分析記事 • Jun 01Unpleasant Surprises Could Be In Store For NOF Corporation's (TSE:4403) SharesNOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 16.4x might make it look like a sell right now...分析記事 • May 16NOF's (TSE:4403) Profits May Not Reveal Underlying IssuesNOF Corporation ( TSE:4403 ) just released a solid earnings report, and the stock displayed some strength. While the...Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥154 (up from JP¥141 in FY 2024). Revenue: JP¥238.3b (up 7.2% from FY 2024). Net income: JP¥36.5b (up 7.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.お知らせ • May 10NOF Corporation (TSE:4403) announces an Equity Buyback for 5,000,000 shares, representing 2.14% for ¥10,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.14% of its total shares outstanding excluding treasury shares, for a total of ¥10,000 million. The purpose of repurchase program is to further return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till September 30, 2025. As of April 30, 2025, the company had 233,648,368 shares outstanding excluding treasury shares and had 2,875,760 shares in treasury.お知らせ • May 09NOF Corporation, Annual General Meeting, Jun 27, 2025NOF Corporation, Annual General Meeting, Jun 27, 2025.分析記事 • Apr 28These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).お知らせ • Mar 07NOF Corporation to Report Fiscal Year 2025 Results on May 09, 2025NOF Corporation announced that they will report fiscal year 2025 results on May 09, 2025分析記事 • Mar 03Returns On Capital At NOF (TSE:4403) Have Hit The BrakesIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥44.78 (vs JP¥40.24 in 3Q 2024)Third quarter 2025 results: EPS: JP¥44.78 (up from JP¥40.24 in 3Q 2024). Revenue: JP¥60.7b (up 4.1% from 3Q 2024). Net income: JP¥10.6b (up 9.6% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.お知らせ • Feb 12NOF Corporation (TSE:4403) announces an Equity Buyback for 2,500,000 shares, representing 1.06% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.06% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till March 31, 2025. As of January 31, 2025, the company had 236,010,390 shares outstanding excluding treasury shares and had 6,513,738 shares in treasury.分析記事 • Dec 15NOF Corporation's (TSE:4403) Shareholders Might Be Looking For ExitIt's not a stretch to say that NOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 15.1x right now...お知らせ • Dec 06NOF Corporation to Report Q3, 2025 Results on Feb 12, 2025NOF Corporation announced that they will report Q3, 2025 results on Feb 12, 2025Declared Dividend • Dec 03First half dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (13% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 27Slowing Rates Of Return At NOF (TSE:4403) Leave Little Room For ExcitementIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥25.07 (vs JP¥30.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥25.07 (down from JP¥30.33 in 2Q 2024). Revenue: JP¥55.4b (up 5.4% from 2Q 2024). Net income: JP¥5.97b (down 18% from 2Q 2024). Profit margin: 11% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.お知らせ • Nov 08NOF Corporation Announces Interim Dividend for the Fiscal Year Ended March 31, 2024, Payable on December 2, 2024; Provided Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2025NOF Corporation announced interim dividend for the fiscal year ended March 31, 2024 and provided year-end dividend forecast for the fiscal year ending March 31, 2025. The company announced interim dividend of JPY 21.00 per share for the fiscal year ended March 31, 2024 compared to JPY 56.00 per share a year ago. Total dividends: JPY 5,000 million; Record date: September 30, 2024; Effective date: December 2, 2024. The company also decided to increase the year-end dividend per share by JPY 1 to JPY 21 from the previous forecast of JPY 20.分析記事 • Nov 08NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value EstimateKey Insights The projected fair value for NOF is JP¥4,555 based on 2 Stage Free Cash Flow to Equity NOF is estimated to...お知らせ • Nov 07+ 1 more updateNOF Corporation (TSE:4403) announces an Equity Buyback for 2,500,000 shares, representing 1.05% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.05% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till December 31, 2024. As of October 31, 2024, the company had 238,099,369 shares outstanding excluding treasury shares and had 4,424,759 shares in treasury.分析記事 • Oct 24These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).分析記事 • Sep 04Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%NOF Corporation ( TSE:4403 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...分析記事 • Aug 27Returns At NOF (TSE:4403) Appear To Be Weighed DownFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥46.30 (vs JP¥37.29 in 1Q 2024)First quarter 2025 results: EPS: JP¥46.30 (up from JP¥37.29 in 1Q 2024). Revenue: JP¥55.1b (up 12% from 1Q 2024). Net income: JP¥11.0b (up 23% from 1Q 2024). Profit margin: 20% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,765, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 2.9% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 50% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.分析記事 • Jul 05Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)There wouldn't be many who think NOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 15.7x is worth a...分析記事 • Jun 20Is NOF Corporation (TSE:4403) Trading At A 39% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NOF fair value estimate is JP¥3,477 NOF is estimated to be 39...お知らせ • Jun 10NOF Corporation to Report Q1, 2025 Results on Aug 07, 2024NOF Corporation announced that they will report Q1, 2025 results on Aug 07, 2024お知らせ • May 23NOF Corporation Announces Executive Resignations, Effective as of June 27, 2024NOF Corporation announced that the Board of Directors decided at a meeting held on May 9, 2024 to make the following changes in its Executive Management. The changes will be effective as of June 27, 2024. The company announced that Operating Officers to retired as: Hideru Furukawa - Operating Officer,General Manager of Corporate Communications Dept. and Tomoaki Mori - Operating Officer,General Manager of Finance Dept.Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥424 (up from JP¥139 in FY 2023). Revenue: JP¥222.3b (up 2.1% from FY 2023). Net income: JP¥34.0b (flat on FY 2023). Profit margin: 15% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 11NOF Corporation, Annual General Meeting, Jun 27, 2024NOF Corporation, Annual General Meeting, Jun 27, 2024.お知らせ • May 10NOF Corporation (TSE:4403) announces an Equity Buyback for 1,500,000 shares, representing 0.63% for ¥2,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 0.63% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till June 28, 2024. As of April 30, 2024, the company had 239,071,562 shares outstanding excluding treasury shares and had 3,452,566 shares in treasury.分析記事 • Apr 11NOF (TSE:4403) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 26NOF (TSE:4403) Has Announced A Dividend Of ¥56.00NOF Corporation's ( TSE:4403 ) investors are due to receive a payment of ¥56.00 per share on 28th of June. This means...Upcoming Dividend • Mar 21Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%).分析記事 • Mar 11NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00NOF Corporation's ( TSE:4403 ) investors are due to receive a payment of ¥56.00 per share on 28th of June. This means...お知らせ • Mar 09NOF Corporation to Report Fiscal Year 2024 Results on May 09, 2024NOF Corporation announced that they will report fiscal year 2024 results on May 09, 2024分析記事 • Feb 26NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥56.00 per share on the 28th of June. This...お知らせ • Feb 20NOF Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 56.00 per share.Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥121 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥121 (up from JP¥103 in 3Q 2023). Revenue: JP¥58.3b (up 7.9% from 3Q 2023). Net income: JP¥9.68b (up 15% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 07NOF Corporation (TSE:4403) announces an Equity Buyback for 400,000 shares, representing 0.5% for ¥2,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 0.5% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till March 31, 2024. As of January 31, 2024, the company had 79,984,827 shares outstanding excluding treasury shares and had 856,549 shares in treasury.お知らせ • Dec 09NOF Corporation to Report Q3, 2024 Results on Feb 07, 2024NOF Corporation announced that they will report Q3, 2024 results on Feb 07, 2024お知らせ • Nov 15+ 1 more updateNOF Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects Net sales of JPY 220,000 million, Operating profit of JPY 40,000 million, Profit attributable to owners of parent of JPY 32,500 million and Basic earnings per share of JPY 404.01.Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥90.99 (vs JP¥91.97 in 2Q 2023)Second quarter 2024 results: EPS: JP¥90.99 (down from JP¥91.97 in 2Q 2023). Revenue: JP¥52.5b (up 1.5% from 2Q 2023). Net income: JP¥7.32b (down 2.5% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.お知らせ • Nov 02NOF Corporation (TSE:4403) announces an Equity Buyback for 600,000 shares, representing 0.75% for ¥3,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.75% of its issued share capital, for ¥3,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until January 31, 2024. As of October 31, 2023, the company had 80,425,532 issued shares (excluding treasury stock) and 2,415,844 shares in treasury.Buying Opportunity • Sep 22Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be JP¥7,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 4.6% per annum over the same time period.Board Change • Sep 21High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Managing Executive Officer, GM of Technology Headquarters & Director Kazuyoshi Yamauchi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 21Upcoming dividend of JP¥54.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%).お知らせ • Sep 09NOF Corporation to Report Q2, 2024 Results on Nov 01, 2023NOF Corporation announced that they will report Q2, 2024 results on Nov 01, 2023お知らせ • Aug 18+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥112 (vs JP¥121 in 1Q 2023)First quarter 2024 results: EPS: JP¥112 (down from JP¥121 in 1Q 2023). Revenue: JP¥49.3b (down 5.3% from 1Q 2023). Net income: JP¥9.01b (down 9.3% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.お知らせ • Jun 09NOF Corporation to Report Q1, 2024 Results on Aug 03, 2023NOF Corporation announced that they will report Q1, 2024 results on Aug 03, 2023お知らせ • May 24NOF Corporation Announces Management Changes, Effective June 27, 2023NOF Corporation announced the retirement of Kazuhito Maeda as Representative Director, Senior Executive Operating Officer; Tsuneharu Miyazaki as Director, Audit & Supervisory Committee Member; Hidefumi Ishiguro as Executive Operating Officer, General Manager of Explosives & Propulsion Div.; Hiroyuki Enomoto as Executive Operating Officer, General Manager of Corporate R&D Div. and Yasuhiko Kazumi as Operating Officer, General Manager of HR & General Affairs Dept., effective from Ordinary General Meeting of Shareholders and the Board of Directors meeting to be held on June 27, 2023.お知らせ • May 23+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.業績と収益の成長予測TSE:4403 - 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3/31/2029309,00046,60043,10056,10023/31/2028326,08346,56722,82465,60063/31/2027303,88041,50013,91485,90053/31/2026257,96740,55021,47435,865N/A12/31/2025240,61234,435N/AN/AN/A9/30/2025236,97134,90023,66641,230N/A6/30/2025239,26334,060N/AN/AN/A3/31/2025238,31036,49712,63928,975N/A12/31/2024233,32335,606N/AN/AN/A9/30/2024230,92634,67615,29530,846N/A6/30/2024228,10736,024N/AN/AN/A3/31/2024222,25233,99012,22229,970N/A12/31/2023219,99534,133N/AN/AN/A9/30/2023215,70532,85915,27026,587N/A6/30/2023214,95033,049N/AN/AN/A3/31/2023217,70933,97317,11423,333N/A12/31/2022211,06131,296N/AN/AN/A9/30/2022206,32330,80319,74225,408N/A6/30/2022201,82130,196N/AN/AN/A3/31/2022192,64226,69019,97727,393N/A12/31/2021191,23928,448N/AN/AN/A9/30/2021186,72629,78123,95431,542N/A6/30/2021177,70325,993N/AN/AN/A3/31/2021172,64523,30224,74430,726N/A12/31/2020169,10922,342N/AN/AN/A9/30/2020170,13318,44917,76424,025N/A6/30/2020175,14119,787N/AN/AN/A3/31/2020180,91721,14020,12627,837N/A12/31/2019184,31121,394N/AN/AN/A9/30/2019185,87821,547N/A23,065N/A6/30/2019188,23122,014N/AN/AN/A3/31/2019189,15222,034N/A19,864N/A12/31/2018186,82721,433N/AN/AN/A9/30/2018186,46421,434N/A27,623N/A6/30/2018182,46020,853N/AN/AN/A3/31/2018179,93519,913N/A20,211N/A12/31/2017176,95017,742N/AN/AN/A9/30/2017174,31017,755N/A20,127N/A6/30/2017174,44617,279N/AN/AN/A3/31/2017174,05717,586N/A24,024N/A12/31/2016171,90216,343N/AN/AN/A9/30/2016171,50915,076N/A21,732N/A6/30/2016172,46814,819N/AN/AN/A3/31/2016170,46013,589N/A16,906N/A12/31/2015171,20113,781N/AN/AN/A9/30/2015168,62313,061N/A16,508N/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: 4403の予測収益成長率 (年間4.1% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 4403の収益 ( 4.1% ) JP市場 ( 10.3% ) よりも低い成長が予測されています。高成長収益: 4403の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 4403の収益 ( 4.3% ) JP市場 ( 6.6% ) よりも低い成長が予測されています。高い収益成長: 4403の収益 ( 4.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4403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 ( 14.6 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 03:32終値2026/07/10 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NOF Corporation 6 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。10 アナリスト機関Takashi EnomotoBofA Global ResearchYusuke MiuraDaiwa Securities Co. Ltd.Makoto FukudaMarusan Securities Co. Ltd.7 その他のアナリストを表示
Price Target Changed • Dec 13Price target increased by 9.0% to JP¥3,760Up from JP¥3,450, the current price target is an average from 5 analysts. New target price is 14% above last closing price of JP¥3,284. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥154 last year.
Price Target Changed • Jul 29Price target increased by 12% to JP¥3,283Up from JP¥2,933, the current price target is an average from 3 analysts. New target price is 9.7% above last closing price of JP¥2,994. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥165 for next year compared to JP¥154 last year.
Price Target Changed • Jun 06Price target increased by 9.2% to JP¥2,933Up from JP¥2,687, the current price target is an average from 3 analysts. New target price is 9.4% above last closing price of JP¥2,681. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥154 last year.
お知らせ • Nov 15+ 1 more updateNOF Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects Net sales of JPY 220,000 million, Operating profit of JPY 40,000 million, Profit attributable to owners of parent of JPY 32,500 million and Basic earnings per share of JPY 404.01.
お知らせ • Aug 18+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.
お知らせ • May 23+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.
Buy Or Sell Opportunity • Jul 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,788. The fair value is estimated to be JP¥3,515, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
Board Change • Jun 28Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Takashi Kamada was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • May 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.9% to JP¥2,808. The fair value is estimated to be JP¥3,514, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.
分析記事 • May 18NOF's (TSE:4403) Solid Earnings May Rest On Weak FoundationsNOF Corporation's ( TSE:4403 ) stock didn't jump after it announced some healthy earnings. We did some digging and...
お知らせ • May 12NOF Corporation (TSE:4403) announces an Equity Buyback for 1,700,000 shares, representing 0.75% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 0.75% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till June 30, 2026. As of April 30, 2026, the company had 226,548,690 shares outstanding excluding treasury shares and had 9,975,438 shares in treasury.
Reported Earnings • May 12Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥176 (up from JP¥154 in FY 2025). Revenue: JP¥258.0b (up 8.2% from FY 2025). Net income: JP¥40.6b (up 11% from FY 2025). Profit margin: 16% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
お知らせ • May 11NOF Corporation, Annual General Meeting, Jun 26, 2026NOF Corporation, Annual General Meeting, Jun 26, 2026.
Buy Or Sell Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥2,800. The fair value is estimated to be JP¥3,512, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).
お知らせ • Mar 06NOF Corporation to Report Fiscal Year 2026 Results on May 11, 2026NOF Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.9% to JP¥2,888. The fair value is estimated to be JP¥3,760, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Buy Or Sell Opportunity • Feb 16Now 20% undervaluedOver the last 90 days, the stock has risen 7.3% to JP¥2,918. The fair value is estimated to be JP¥3,670, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.4%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥44.28 (vs JP¥44.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥44.28 (down from JP¥44.78 in 3Q 2025). Revenue: JP¥64.3b (up 6.0% from 3Q 2025). Net income: JP¥10.1b (down 4.4% from 3Q 2025). Profit margin: 16% (down from 18% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 1 more updateNOF Corporation Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026NOF Corporation revised year end dividend guidance for the fiscal year ending March 31, 2026. For the year, the company revised dividend of JPY 35.00 per share compared to previous guidance of JPY 26.00 per share. Reason for revision: Recognizing that returning profits to its shareholders serves as an important managerial issue, the Company accordingly strives to maintain and increase its dividends while also taking a flexible approach to purchase and cancellation of its treasury shares. The Company has revised its year-end dividend forecast per share to JPY 35, an increase of JPY 9 from the previous forecast of JPY 26, upon having comprehensively taken into account factors that include the above policy, results released as of the date of this notice and the Company's financial status. As a result, total annual dividend per share will be JPY 61, for an increase of JPY 9 relative to the previously announced forecast and an increase of JPY 16 relative to the previous fiscal year.
分析記事 • Feb 13NOF's (TSE:4403) Dividend Will Be ¥26.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥26.00 per share on the 30th of June. Even...
お知らせ • Feb 13NOF Corporation (TSE:4403) announces an Equity Buyback for 1,800,000 shares, representing 0.79% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 0.79% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till March 31, 2026. As of January 31, 2026, the company had 228,229,884 shares outstanding excluding treasury shares and had 8,294,244 shares in treasury.
分析記事 • Jan 26Investors Appear Satisfied With NOF Corporation's (TSE:4403) ProspectsNOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 20.1x might make it look like a sell right now...
分析記事 • Dec 18Does NOF (TSE:4403) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Dec 13Price target increased by 9.0% to JP¥3,760Up from JP¥3,450, the current price target is an average from 5 analysts. New target price is 14% above last closing price of JP¥3,284. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥154 last year.
お知らせ • Dec 06NOF Corporation to Report Q3, 2026 Results on Feb 13, 2026NOF Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
分析記事 • Dec 02NOF's (TSE:4403) Dividend Will Be ¥26.00The board of NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥26.00 per share on the 30th of...
Declared Dividend • Dec 02First half dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 23NOF Corporation to Report First Half, 2026 Results on Nov 28, 2025NOF Corporation announced that they will report first half, 2026 results on Nov 28, 2025
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥29.56 (vs JP¥25.07 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.56 (up from JP¥25.07 in 2Q 2025). Revenue: JP¥53.1b (down 4.1% from 2Q 2025). Net income: JP¥6.81b (up 14% from 2Q 2025). Profit margin: 13% (up from 11% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 06NOF Corporation (TSE:4403) announces an Equity Buyback for 2,000,000 shares, representing 0.87% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 0.87% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to further return profits to shareholders with Mid-Term Management Plan. The repurchase program is valid till December 31, 2025. As of October 31, 2025, the company had 229,944,904 shares outstanding excluding treasury shares and had 6,579,224 shares in treasury.
分析記事 • Oct 29NOF (TSE:4403) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
分析記事 • Oct 12Is NOF Corporation (TSE:4403) Worth JP¥2.6k Based On Its Intrinsic Value?Key Insights The projected fair value for NOF is JP¥2,081 based on 2 Stage Free Cash Flow to Equity NOF's JP¥2,591...
Buy Or Sell Opportunity • Oct 06Now 24% overvaluedOver the last 90 days, the stock has fallen 8.1% to JP¥2,627. The fair value is estimated to be JP¥2,120, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 6.6%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 7.1% per annum over the same time period.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 87%. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).
分析記事 • Sep 05NOF (TSE:4403) Will Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December. The...
お知らせ • Sep 05NOF Corporation to Report Q2, 2026 Results on Nov 06, 2025NOF Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥37.00 (vs JP¥46.30 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.00 (down from JP¥46.30 in 1Q 2025). Revenue: JP¥56.1b (up 1.7% from 1Q 2025). Net income: JP¥8.61b (down 22% from 1Q 2025). Profit margin: 15% (down from 20% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jul 29Price target increased by 12% to JP¥3,283Up from JP¥2,933, the current price target is an average from 3 analysts. New target price is 9.7% above last closing price of JP¥2,994. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥165 for next year compared to JP¥154 last year.
分析記事 • Jul 23NOF (TSE:4403) Is Due To Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December...
分析記事 • Jul 09NOF (TSE:4403) Is Due To Pay A Dividend Of ¥24.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥24.00 per share on the 2nd of December. This...
Declared Dividend • Jul 09Final dividend of JP¥24.00 announcedShareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Jun 06Price target increased by 9.2% to JP¥2,933Up from JP¥2,687, the current price target is an average from 3 analysts. New target price is 9.4% above last closing price of JP¥2,681. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥154 last year.
お知らせ • Jun 06NOF Corporation to Report Q1, 2026 Results on Aug 06, 2025NOF Corporation announced that they will report Q1, 2026 results on Aug 06, 2025
分析記事 • Jun 01Unpleasant Surprises Could Be In Store For NOF Corporation's (TSE:4403) SharesNOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 16.4x might make it look like a sell right now...
分析記事 • May 16NOF's (TSE:4403) Profits May Not Reveal Underlying IssuesNOF Corporation ( TSE:4403 ) just released a solid earnings report, and the stock displayed some strength. While the...
Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥154 (up from JP¥141 in FY 2024). Revenue: JP¥238.3b (up 7.2% from FY 2024). Net income: JP¥36.5b (up 7.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
お知らせ • May 10NOF Corporation (TSE:4403) announces an Equity Buyback for 5,000,000 shares, representing 2.14% for ¥10,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.14% of its total shares outstanding excluding treasury shares, for a total of ¥10,000 million. The purpose of repurchase program is to further return profits to shareholders with an awareness of improving capital efficiency. The repurchase program is valid till September 30, 2025. As of April 30, 2025, the company had 233,648,368 shares outstanding excluding treasury shares and had 2,875,760 shares in treasury.
お知らせ • May 09NOF Corporation, Annual General Meeting, Jun 27, 2025NOF Corporation, Annual General Meeting, Jun 27, 2025.
分析記事 • Apr 28These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).
お知らせ • Mar 07NOF Corporation to Report Fiscal Year 2025 Results on May 09, 2025NOF Corporation announced that they will report fiscal year 2025 results on May 09, 2025
分析記事 • Mar 03Returns On Capital At NOF (TSE:4403) Have Hit The BrakesIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥44.78 (vs JP¥40.24 in 3Q 2024)Third quarter 2025 results: EPS: JP¥44.78 (up from JP¥40.24 in 3Q 2024). Revenue: JP¥60.7b (up 4.1% from 3Q 2024). Net income: JP¥10.6b (up 9.6% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Feb 12NOF Corporation (TSE:4403) announces an Equity Buyback for 2,500,000 shares, representing 1.06% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.06% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till March 31, 2025. As of January 31, 2025, the company had 236,010,390 shares outstanding excluding treasury shares and had 6,513,738 shares in treasury.
分析記事 • Dec 15NOF Corporation's (TSE:4403) Shareholders Might Be Looking For ExitIt's not a stretch to say that NOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 15.1x right now...
お知らせ • Dec 06NOF Corporation to Report Q3, 2025 Results on Feb 12, 2025NOF Corporation announced that they will report Q3, 2025 results on Feb 12, 2025
Declared Dividend • Dec 03First half dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (13% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 27Slowing Rates Of Return At NOF (TSE:4403) Leave Little Room For ExcitementIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥25.07 (vs JP¥30.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥25.07 (down from JP¥30.33 in 2Q 2024). Revenue: JP¥55.4b (up 5.4% from 2Q 2024). Net income: JP¥5.97b (down 18% from 2Q 2024). Profit margin: 11% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Nov 08NOF Corporation Announces Interim Dividend for the Fiscal Year Ended March 31, 2024, Payable on December 2, 2024; Provided Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2025NOF Corporation announced interim dividend for the fiscal year ended March 31, 2024 and provided year-end dividend forecast for the fiscal year ending March 31, 2025. The company announced interim dividend of JPY 21.00 per share for the fiscal year ended March 31, 2024 compared to JPY 56.00 per share a year ago. Total dividends: JPY 5,000 million; Record date: September 30, 2024; Effective date: December 2, 2024. The company also decided to increase the year-end dividend per share by JPY 1 to JPY 21 from the previous forecast of JPY 20.
分析記事 • Nov 08NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value EstimateKey Insights The projected fair value for NOF is JP¥4,555 based on 2 Stage Free Cash Flow to Equity NOF is estimated to...
お知らせ • Nov 07+ 1 more updateNOF Corporation (TSE:4403) announces an Equity Buyback for 2,500,000 shares, representing 1.05% for ¥5,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.05% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till December 31, 2024. As of October 31, 2024, the company had 238,099,369 shares outstanding excluding treasury shares and had 4,424,759 shares in treasury.
分析記事 • Oct 24These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).
分析記事 • Sep 04Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%NOF Corporation ( TSE:4403 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
分析記事 • Aug 27Returns At NOF (TSE:4403) Appear To Be Weighed DownFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥46.30 (vs JP¥37.29 in 1Q 2024)First quarter 2025 results: EPS: JP¥46.30 (up from JP¥37.29 in 1Q 2024). Revenue: JP¥55.1b (up 12% from 1Q 2024). Net income: JP¥11.0b (up 23% from 1Q 2024). Profit margin: 20% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,765, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 2.9% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 50% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Jul 05Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)There wouldn't be many who think NOF Corporation's ( TSE:4403 ) price-to-earnings (or "P/E") ratio of 15.7x is worth a...
分析記事 • Jun 20Is NOF Corporation (TSE:4403) Trading At A 39% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NOF fair value estimate is JP¥3,477 NOF is estimated to be 39...
お知らせ • Jun 10NOF Corporation to Report Q1, 2025 Results on Aug 07, 2024NOF Corporation announced that they will report Q1, 2025 results on Aug 07, 2024
お知らせ • May 23NOF Corporation Announces Executive Resignations, Effective as of June 27, 2024NOF Corporation announced that the Board of Directors decided at a meeting held on May 9, 2024 to make the following changes in its Executive Management. The changes will be effective as of June 27, 2024. The company announced that Operating Officers to retired as: Hideru Furukawa - Operating Officer,General Manager of Corporate Communications Dept. and Tomoaki Mori - Operating Officer,General Manager of Finance Dept.
Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥424 (up from JP¥139 in FY 2023). Revenue: JP¥222.3b (up 2.1% from FY 2023). Net income: JP¥34.0b (flat on FY 2023). Profit margin: 15% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 11NOF Corporation, Annual General Meeting, Jun 27, 2024NOF Corporation, Annual General Meeting, Jun 27, 2024.
お知らせ • May 10NOF Corporation (TSE:4403) announces an Equity Buyback for 1,500,000 shares, representing 0.63% for ¥2,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 0.63% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till June 28, 2024. As of April 30, 2024, the company had 239,071,562 shares outstanding excluding treasury shares and had 3,452,566 shares in treasury.
分析記事 • Apr 11NOF (TSE:4403) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Mar 26NOF (TSE:4403) Has Announced A Dividend Of ¥56.00NOF Corporation's ( TSE:4403 ) investors are due to receive a payment of ¥56.00 per share on 28th of June. This means...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%).
分析記事 • Mar 11NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00NOF Corporation's ( TSE:4403 ) investors are due to receive a payment of ¥56.00 per share on 28th of June. This means...
お知らせ • Mar 09NOF Corporation to Report Fiscal Year 2024 Results on May 09, 2024NOF Corporation announced that they will report fiscal year 2024 results on May 09, 2024
分析記事 • Feb 26NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00NOF Corporation ( TSE:4403 ) has announced that it will pay a dividend of ¥56.00 per share on the 28th of June. This...
お知らせ • Feb 20NOF Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 56.00 per share.
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥121 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥121 (up from JP¥103 in 3Q 2023). Revenue: JP¥58.3b (up 7.9% from 3Q 2023). Net income: JP¥9.68b (up 15% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 07NOF Corporation (TSE:4403) announces an Equity Buyback for 400,000 shares, representing 0.5% for ¥2,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 0.5% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders. The repurchase program is valid till March 31, 2024. As of January 31, 2024, the company had 79,984,827 shares outstanding excluding treasury shares and had 856,549 shares in treasury.
お知らせ • Dec 09NOF Corporation to Report Q3, 2024 Results on Feb 07, 2024NOF Corporation announced that they will report Q3, 2024 results on Feb 07, 2024
お知らせ • Nov 15+ 1 more updateNOF Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects Net sales of JPY 220,000 million, Operating profit of JPY 40,000 million, Profit attributable to owners of parent of JPY 32,500 million and Basic earnings per share of JPY 404.01.
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥90.99 (vs JP¥91.97 in 2Q 2023)Second quarter 2024 results: EPS: JP¥90.99 (down from JP¥91.97 in 2Q 2023). Revenue: JP¥52.5b (up 1.5% from 2Q 2023). Net income: JP¥7.32b (down 2.5% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.
お知らせ • Nov 02NOF Corporation (TSE:4403) announces an Equity Buyback for 600,000 shares, representing 0.75% for ¥3,000 million.NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.75% of its issued share capital, for ¥3,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until January 31, 2024. As of October 31, 2023, the company had 80,425,532 issued shares (excluding treasury stock) and 2,415,844 shares in treasury.
Buying Opportunity • Sep 22Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be JP¥7,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 4.6% per annum over the same time period.
Board Change • Sep 21High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Managing Executive Officer, GM of Technology Headquarters & Director Kazuyoshi Yamauchi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥54.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%).
お知らせ • Sep 09NOF Corporation to Report Q2, 2024 Results on Nov 01, 2023NOF Corporation announced that they will report Q2, 2024 results on Nov 01, 2023
お知らせ • Aug 18+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥112 (vs JP¥121 in 1Q 2023)First quarter 2024 results: EPS: JP¥112 (down from JP¥121 in 1Q 2023). Revenue: JP¥49.3b (down 5.3% from 1Q 2023). Net income: JP¥9.01b (down 9.3% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Jun 09NOF Corporation to Report Q1, 2024 Results on Aug 03, 2023NOF Corporation announced that they will report Q1, 2024 results on Aug 03, 2023
お知らせ • May 24NOF Corporation Announces Management Changes, Effective June 27, 2023NOF Corporation announced the retirement of Kazuhito Maeda as Representative Director, Senior Executive Operating Officer; Tsuneharu Miyazaki as Director, Audit & Supervisory Committee Member; Hidefumi Ishiguro as Executive Operating Officer, General Manager of Explosives & Propulsion Div.; Hiroyuki Enomoto as Executive Operating Officer, General Manager of Corporate R&D Div. and Yasuhiko Kazumi as Operating Officer, General Manager of HR & General Affairs Dept., effective from Ordinary General Meeting of Shareholders and the Board of Directors meeting to be held on June 27, 2023.
お知らせ • May 23+ 2 more updatesNOF Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024NOF Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of ¥230,000 million, an Operating profit of ¥37,000 million, Profit attributable to owners of the parent of ¥28,400 million or ¥351.54 basic per share.