Nippon Ceramic（6929）株式概要日本セラミック株式会社は、セラミックセンサー、モジュールなどの開発、製造、販売を国内外で行っている。 詳細6929 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績4/6財務の健全性6/6配当金4/6報酬当社が推定した公正価値より10.1%で取引されている 収益は年間6.4%増加すると予測されています 過去1年間で収益は68.3%増加しました リスク分析高いレベルの非現金収入 今後3年間の収益は年平均8.9%減少すると予測されている。 4.43%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る6929 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥3.73k13.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture037b2016201920222025202620282031Revenue JP¥37.3bEarnings JP¥9.6bAdvancedSet Fair ValueView all narrativesNippon Ceramic Co., Ltd. 競合他社Iriso ElectronicsSymbol: TSE:6908Market cap: JP¥71.0bTamuraSymbol: TSE:6768Market cap: JP¥71.8bMaxellSymbol: TSE:6810Market cap: JP¥72.1bArisawa MfgSymbol: TSE:5208Market cap: JP¥74.5b価格と性能株価の高値、安値、推移の概要Nippon Ceramic過去の株価現在の株価JP¥3,725.0052週高値JP¥3,925.0052週安値JP¥2,593.00ベータ0.371ヶ月の変化5.82%3ヶ月変化-0.13%1年変化40.62%3年間の変化34.09%5年間の変化38.07%IPOからの変化165.88%最新ニュースBuy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to JP¥3,555. The fair value is estimated to be JP¥4,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are forecast to decline by 8.9% per annum over the same time period.New Risk • Feb 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥181 in FY 2024). Revenue: JP¥27.3b (up 9.1% from FY 2024). Net income: JP¥7.00b (up 68% from FY 2024). Profit margin: 26% (up from 17% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 06+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2025 Results on Feb 06, 2026Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2025 results on Feb 06, 2026最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to JP¥3,555. The fair value is estimated to be JP¥4,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are forecast to decline by 8.9% per annum over the same time period.New Risk • Feb 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥181 in FY 2024). Revenue: JP¥27.3b (up 9.1% from FY 2024). Net income: JP¥7.00b (up 68% from FY 2024). Profit margin: 26% (up from 17% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 06+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2025 Results on Feb 06, 2026Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2025 results on Feb 06, 2026Buy Or Sell Opportunity • Nov 18Now 21% undervaluedOver the last 90 days, the stock has risen 18% to JP¥3,690. The fair value is estimated to be JP¥4,676, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to decline by 20% in the next 2 years.分析記事 • Nov 14Why Nippon Ceramic's (TSE:6929) Earnings Are Weaker Than They SeemDespite posting strong earnings, Nippon Ceramic Co., Ltd.'s ( TSE:6929 ) stock didn't move much over the last week. We...New Risk • Nov 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (101% cash payout ratio).Reported Earnings • Nov 09Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥64.91 (up from JP¥35.97 in 3Q 2024). Revenue: JP¥7.11b (up 12% from 3Q 2024). Net income: JP¥1.40b (up 71% from 3Q 2024). Profit margin: 20% (up from 13% in 3Q 2024). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.お知らせ • Nov 09Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.33% for ¥1,500 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.33% of its issued share capital, for ¥1,500 million. The purpose of the program is to improve capital efficiency such as ROE, implement flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will expire on January 30, 2026. As of October 31, 2025, the company had 21,481,662 shares in issue (excluding treasury shares) and 5,749,595 shares in treasury.Declared Dividend • Oct 24Dividend of JP¥125 announcedShareholders will receive a dividend of JP¥125. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.0% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.Price Target Changed • May 12Price target increased by 7.6% to JP¥3,550Up from JP¥3,300, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,900. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥211 for next year compared to JP¥181 last year.Reported Earnings • May 10First quarter 2025 earnings released: EPS: JP¥49.28 (vs JP¥36.78 in 1Q 2024)First quarter 2025 results: EPS: JP¥49.28 (up from JP¥36.78 in 1Q 2024). Revenue: JP¥6.64b (up 17% from 1Q 2024). Net income: JP¥1.08b (up 25% from 1Q 2024). Profit margin: 16% (up from 15% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Mar 13Price target increased by 10% to JP¥3,300Up from JP¥3,000, the current price target is an average from 2 analysts. New target price is 13% above last closing price of JP¥2,912. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥181 last year.お知らせ • Feb 22+ 2 more updatesNippon Ceramic Co., Ltd. to Report Q3, 2025 Results on Nov 07, 2025Nippon Ceramic Co., Ltd. announced that they will report Q3, 2025 results on Nov 07, 2025Reported Earnings • Feb 08Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥181 (up from JP¥157 in FY 2023). Revenue: JP¥25.0b (up 2.4% from FY 2023). Net income: JP¥4.16b (up 13% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.お知らせ • Feb 07+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2025Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 08 March 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).分析記事 • Dec 19Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. Based on this payment, the...分析記事 • Dec 03Nippon Ceramic (TSE:6929) Is Paying Out A Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. This means the annual payment...お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2024 Results on Feb 07, 2025Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2024 results on Feb 07, 2025Reported Earnings • Nov 10Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: JP¥35.97 (down from JP¥44.34 in 3Q 2023). Revenue: JP¥6.35b (down 3.4% from 3Q 2023). Net income: JP¥818.0m (down 22% from 3Q 2023). Profit margin: 13% (down from 16% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Nov 08Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. The dividend yield will be...お知らせ • Nov 08Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.23% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.23% of its issued share capital, for ¥1,000 million. The program will expire on January 31, 2025. As of October 31, 2024, the company had 22,417,254 shares in issue (excluding treasury shares) and 4,814,003 shares in treasury.分析記事 • Oct 15Nippon Ceramic (TSE:6929) Is Due To Pay A Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) has announced that it will pay a dividend of ¥100.00 per share on the 8th of...分析記事 • Sep 24Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. Based on this payment, the...Price Target Changed • Sep 12Price target decreased by 7.9% to JP¥2,900Down from JP¥3,150, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥2,462. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥161 for next year compared to JP¥157 last year.分析記事 • Aug 09We Like Nippon Ceramic's (TSE:6929) Earnings For More Than Just Statutory ProfitNippon Ceramic Co., Ltd.'s ( TSE:6929 ) recent earnings report didn't offer any surprises, with the shares unchanged...Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥49.86 (up from JP¥41.54 in 2Q 2023). Revenue: JP¥6.45b (up 6.0% from 2Q 2023). Net income: JP¥1.16b (up 18% from 2Q 2023). Profit margin: 18% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 59%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic 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 8% per year, which means it is significantly lagging earnings.分析記事 • Aug 05Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. This makes the dividend yield...Declared Dividend • Aug 04Dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 8th March 2025 Dividend yield will be 4.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 02Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.19% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.19% of the outstanding shares for ¥1,000 million. The purpose of the program is to improve capital efficiency such as ROE, implementing flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will run until October 31, 2024. As of July 31, 2024, the company had 22,818,904 shares outstanding (excluding treasury stock) and 4,412,353 shares in treasury.お知らせ • May 21Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 450,000 shares, representing 1.94% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 450,000 shares, representing 1.94% of the outstanding shares for ¥1,000 million. The purpose of the program is to improve capital efficiency such as ROE, implementing flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will run until July 31, 2024. As of May 17, 2024, the company had 23,212,680 shares outstanding (excluding treasury stock) and 4,018,577 shares in treasury.Reported Earnings • May 13First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥36.77 (down from JP¥41.58 in 1Q 2023). Revenue: JP¥5.68b (down 2.1% from 1Q 2023). Net income: JP¥867.0m (down 12% from 1Q 2023). Profit margin: 15% (down from 17% in 1Q 2023). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Mar 12Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 400,000 shares, representing 1.7% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 1.7% of the outstanding shares for ¥1,000 million. The purpose of the program is to carry out flexible capital policies in response to changes in the business environment and to enhance the return of profits to shareholders. The program will run until June 28, 2024. As of February 29, 2024, the company had 23,591,776 shares outstanding and 3,639,481 shares in treasury.お知らせ • Feb 24+ 1 more updateNippon Ceramic Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Nippon Ceramic Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥157 (down from JP¥206 in FY 2022). Revenue: JP¥24.4b (up 5.1% from FY 2022). Net income: JP¥3.69b (down 27% from FY 2022). Profit margin: 15% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Feb 09Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2024Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2024.Upcoming Dividend • Dec 21Upcoming dividend of JP¥100.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 07 March 2024. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).Price Target Changed • Dec 08Price target decreased by 12% to JP¥2,550Down from JP¥2,900, the current price target is provided by 1 analyst. New target price is 8.8% below last closing price of JP¥2,796. Stock is up 7.7% over the past year. The company is forecast to post earnings per share of JP¥162 for next year compared to JP¥206 last year.お知らせ • Dec 05Nippon Ceramic Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024Reported Earnings • Nov 04Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥44.33 (down from JP¥75.04 in 3Q 2022). Revenue: JP¥6.57b (up 7.5% from 3Q 2022). Net income: JP¥1.05b (down 43% from 3Q 2022). Profit margin: 16% (down from 30% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 03Price target decreased by 8.7% to JP¥2,900Down from JP¥3,175, the current price target is an average from 2 analysts. New target price is 9.9% above last closing price of JP¥2,638. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥206 last year.Reported Earnings • Aug 08Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: JP¥41.54 (down from JP¥91.01 in 2Q 2022). Revenue: JP¥6.09b (up 4.1% from 2Q 2022). Net income: JP¥980.0m (down 56% from 2Q 2022). Profit margin: 16% (down from 38% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥41.58 (up from JP¥37.07 in 1Q 2022). Revenue: JP¥5.80b (up 13% from 1Q 2022). Net income: JP¥981.0m (up 6.1% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic 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 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 29Full year 2022 earnings: Revenues exceed analyst expectationsFull year 2022 results: Revenue: JP¥23.3b (up 8.9% from FY 2021). Net income: JP¥5.02b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 1.1%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan.Buying Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be JP¥3,450, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is forecast to decline by 7.7% per annum over the same time period.Reported Earnings • Feb 04Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥206 (up from JP¥111 in FY 2021). Revenue: JP¥23.3b (up 8.9% from FY 2021). Net income: JP¥5.02b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% 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 • Feb 04+ 3 more updatesNippon Ceramic Co., Ltd., Annual General Meeting, Mar 24, 2023Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 24, 2023.Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 08 March 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).お知らせ • Dec 06Nippon Ceramic Co., Ltd. to Report Fiscal Year 2022 Results on Feb 03, 2023Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2022 results on Feb 03, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside Director & Member of Audit & Supervisory Board Koichi Ikehara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥75.03 (up from JP¥20.66 in 3Q 2021). Revenue: JP¥6.11b (up 12% from 3Q 2021). Net income: JP¥1.82b (up 248% from 3Q 2021). Profit margin: 30% (up from 9.6% in 3Q 2021). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 158%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Nov 05+ 1 more updateNippon Ceramic Co., Ltd. Provides Consolidated Earnings Forecasts for the Period from January 1, 2022 to December 31, 2022Nippon Ceramic Co., Ltd. provided Consolidated earnings forecasts for the period from January 1, 2022 to December 31, 2022. For the period, the company expected net sales of JPY 22,500 million, Operating income of JPY 4,200 million, Net income attributable to owners of parent of JPY 5,800 million and Net income per share of JPY 234.66.Major Estimate Revision • Nov 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥221 to JP¥251. Revenue forecast steady at JP¥22.8b. Net income forecast to grow 6.0% next year vs 5.7% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,950 to JP¥3,050. Share price rose 3.2% to JP¥2,567 over the past week.Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥191 to JP¥218. Revenue forecast unchanged at JP¥22.5b. Net income forecast to shrink 1.6% next year vs 6.7% growth forecast for Electronic industry in Japan . Consensus price target of JP¥2,850 unchanged from last update. Share price rose 5.1% to JP¥2,590 over the past week.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,465, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 2.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,191 per share.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: JP¥91.00 (up from JP¥31.04 in 2Q 2021). Revenue: JP¥5.85b (up 8.2% from 2Q 2021). Net income: JP¥2.23b (up 180% from 2Q 2021). Profit margin: 38% (up from 15% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 293%. Over the next year, revenue is forecast to grow 5.3%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Aug 06+ 1 more updateNippon Ceramic Co., Ltd. Provides End of Fourth Quarter Dividend Forecast for the Fiscal Year 2022Nippon Ceramic Co., Ltd. provided end of Fourth quarter dividend forecast of JPY 50.00 for the Fiscal Year 2022.Major Estimate Revision • Aug 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥120 to JP¥191. Revenue forecast steady at JP¥22.3b. Net income forecast to grow 41% next year vs 5.9% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,750 to JP¥2,850. Share price rose 2.5% to JP¥2,141 over the past week.Price Target Changed • Jul 15Price target decreased to JP¥2,750Down from JP¥3,000, the current price target is an average from 3 analysts. New target price is 35% above last closing price of JP¥2,034. Stock is down 30% over the past year. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥111 last year.Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥2,745, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.Reported Earnings • May 11First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: JP¥37.07 (up from JP¥30.19 in 1Q 2021). Revenue: JP¥5.13b (up 3.0% from 1Q 2021). Net income: JP¥925.0m (up 19% from 1Q 2021). Profit margin: 18% (up from 16% in 1Q 2021). Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 6.1%, compared to a 8.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • May 08+ 1 more updateNippon Ceramic Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending December 31, 2022; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Nippon Ceramic Co., Ltd. provided consolidated earnings guidance for the first half of fiscal year ending December 31, 2022. For the period, the company expects net sales of JPY 11,100 million, operating income of JPY 2,050 million, net income attributable to owners of plant of JPY 1,600 million or JPY 64.13 per share. For the year ending December 31, 2022, the company expects net sales of JPY 22,500 million, operating income of JPY 4,200 million, net income attributable to owners of plant of JPY 3,300 million or JPY 132.26 per share.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside Director & Member of Audit & Supervisory Board Koichi Ikehara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 10Nippon Ceramic Co Ordinary Shares to Be Deleted from Other OTCNippon Ceramic Co., Ltd.'s Ordinary Shares will be deleted from other OTC effective from March 8, 2022 due to Inactive Security.お知らせ • Feb 25Nippon Ceramic Co., Ltd. to Report Q3, 2022 Results on Nov 04, 2022Nippon Ceramic Co., Ltd. announced that they will report Q3, 2022 results on Nov 04, 2022お知らせ • Feb 07Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 700,000 shares, representing 2.79% for ¥2,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 2.79% of the outstanding shares for ¥2,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, enhance capital efficiency and improve shareholder returns. The program will run until December 31, 2022. As of January 31, 2022, the company had 25,072,318 shares outstanding and 2,158,939 shares in treasury.Reported Earnings • Feb 07Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: JP¥111 (up from JP¥82.16 in FY 2020). Revenue: JP¥21.4b (up 25% from FY 2020). Net income: JP¥2.82b (up 32% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 7.0%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Feb 06Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 25, 2022Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 25, 2022.お知らせ • Feb 05+ 2 more updatesNippon Ceramic Co., Ltd. Announces Year End Dividend for the Fiscal Year 2021, Payable on March 08, 2022; Provides Year End Dividend Guidance for the Fiscal Year 2022Nippon Ceramic Co., Ltd. announced year end dividend of JPY 100 per share for the fiscal year 2021 compared to JPY 70 per share paid a year ago. The dividend will be payable on March 08, 2022. Fiscal year 2021 dividend included a special dividend JPY 50 per share.The company provided year end dividend guidance for the fiscal year 2022. For the period, the company expected dividend of JPY 50 per share compared to JPY 100 per share a year ago.Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 09 March 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS JP¥20.66 (vs JP¥20.46 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: JP¥5.45b (up 18% from 3Q 2020). Net income: JP¥523.0m (flat on 3Q 2020). Profit margin: 9.6% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS JP¥31.04 (vs JP¥11.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥5.40b (up 48% from 2Q 2020). Net income: JP¥795.0m (up 174% from 2Q 2020). Profit margin: 15% (up from 8.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.Reported Earnings • May 10First quarter 2021 earnings released: EPS JP¥30.19 (vs JP¥22.85 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: JP¥4.98b (up 27% from 1Q 2020). Net income: JP¥778.0m (up 29% from 1Q 2020). Profit margin: 16% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.お知らせ • May 08+ 2 more updatesNippon Ceramic Co., Ltd. Announces Dividend for the Fiscal Year Ended 2020Nippon Ceramic Co., Ltd. announced dividend of JPY 70 per share for the fiscal year ended 2020.Reported Earnings • Apr 01Full year 2020 earnings released: EPS JP¥82.16 (vs JP¥101 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥17.1b (down 7.9% from FY 2019). Net income: JP¥2.13b (down 22% from FY 2019). Profit margin: 13% (down from 15% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.Is New 90 Day High Low • Feb 26New 90-day low: JP¥2,639The company is down 9.0% from its price of JP¥2,908 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,590 per share.お知らせ • Feb 13+ 1 more updateNippon Ceramic Co., Ltd. to Report Q3, 2021 Results on Nov 05, 2021Nippon Ceramic Co., Ltd. announced that they will report Q3, 2021 results on Nov 05, 2021株主還元6929JP ElectronicJP 市場7D2.6%2.2%-1.0%1Y40.6%64.6%37.2%株主還元を見る業界別リターン: 6929過去 1 年間で64.6 % の収益を上げたJP Electronic業界を下回りました。リターン対市場: 6929過去 1 年間で37.2 % の収益を上げたJP市場を上回りました。価格変動Is 6929's price volatile compared to industry and market?6929 volatility6929 Average Weekly Movement3.9%Electronic Industry Average Movement6.4%Market Average Movement4.9%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.4%安定した株価: 6929 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 6929の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19751,377Shinichi Taniguchiwww.nicera.co.jp日本セラミック株式会社は、セラミックセンサー、モジュールなどの開発、製造、販売を国内外で行っている。焦電型赤外線センサ、サーモパイル型赤外線センサ、密閉型・開放型超音波センサ、車載・産業機器用電流センサ、NDIR型CO2センサ、InSb・GaAsホール素子、磁気センサであるホールICなどを提供している。また、アクティブ赤外線センサ、照明制御用人体検知センサ、人体検知センサモジュール、LED電源およびモジュール、リモートトランスミッタ、赤外線炎検知センサ、オリジナルセンサライトも提供している。自動車、家電、住宅分野にサービスを提供している。同社は1975年に設立され、鳥取県鳥取市に本社を置く。もっと見るNippon Ceramic Co., Ltd. 基礎のまとめNippon Ceramic の収益と売上を時価総額と比較するとどうか。6929 基礎統計学時価総額JP¥78.20b収益（TTM）JP¥7.00b売上高(TTM)JP¥27.33b11.2xPER（株価収益率2.9xP/Sレシオ6929 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6929 損益計算書（TTM）収益JP¥27.33b売上原価JP¥18.75b売上総利益JP¥8.57bその他の費用JP¥1.57b収益JP¥7.00b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）333.63グロス・マージン31.37%純利益率25.63%有利子負債／自己資本比率0.02%6929 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.4%現在の配当利回り39%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 01:25終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Ceramic Co., Ltd. 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。9 アナリスト機関null nullDaiwa Securities Co. Ltd.Mitsuhiro IchoGoldman SachsKoichi HariyaIchiyoshi Research Institute Inc.6 その他のアナリストを表示
Buy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to JP¥3,555. The fair value is estimated to be JP¥4,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are forecast to decline by 8.9% per annum over the same time period.
New Risk • Feb 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).
Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥181 in FY 2024). Revenue: JP¥27.3b (up 9.1% from FY 2024). Net income: JP¥7.00b (up 68% from FY 2024). Profit margin: 26% (up from 17% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 06+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2025 Results on Feb 06, 2026Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2025 results on Feb 06, 2026
Buy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to JP¥3,555. The fair value is estimated to be JP¥4,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are forecast to decline by 8.9% per annum over the same time period.
New Risk • Feb 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).
Reported Earnings • Feb 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥181 in FY 2024). Revenue: JP¥27.3b (up 9.1% from FY 2024). Net income: JP¥7.00b (up 68% from FY 2024). Profit margin: 26% (up from 17% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 06+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 26, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2025 Results on Feb 06, 2026Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2025 results on Feb 06, 2026
Buy Or Sell Opportunity • Nov 18Now 21% undervaluedOver the last 90 days, the stock has risen 18% to JP¥3,690. The fair value is estimated to be JP¥4,676, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to decline by 20% in the next 2 years.
分析記事 • Nov 14Why Nippon Ceramic's (TSE:6929) Earnings Are Weaker Than They SeemDespite posting strong earnings, Nippon Ceramic Co., Ltd.'s ( TSE:6929 ) stock didn't move much over the last week. We...
New Risk • Nov 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (101% cash payout ratio).
Reported Earnings • Nov 09Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥64.91 (up from JP¥35.97 in 3Q 2024). Revenue: JP¥7.11b (up 12% from 3Q 2024). Net income: JP¥1.40b (up 71% from 3Q 2024). Profit margin: 20% (up from 13% in 3Q 2024). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Nov 09Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.33% for ¥1,500 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.33% of its issued share capital, for ¥1,500 million. The purpose of the program is to improve capital efficiency such as ROE, implement flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will expire on January 30, 2026. As of October 31, 2025, the company had 21,481,662 shares in issue (excluding treasury shares) and 5,749,595 shares in treasury.
Declared Dividend • Oct 24Dividend of JP¥125 announcedShareholders will receive a dividend of JP¥125. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.0% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.
Price Target Changed • May 12Price target increased by 7.6% to JP¥3,550Up from JP¥3,300, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,900. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥211 for next year compared to JP¥181 last year.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: JP¥49.28 (vs JP¥36.78 in 1Q 2024)First quarter 2025 results: EPS: JP¥49.28 (up from JP¥36.78 in 1Q 2024). Revenue: JP¥6.64b (up 17% from 1Q 2024). Net income: JP¥1.08b (up 25% from 1Q 2024). Profit margin: 16% (up from 15% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 13Price target increased by 10% to JP¥3,300Up from JP¥3,000, the current price target is an average from 2 analysts. New target price is 13% above last closing price of JP¥2,912. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥181 last year.
お知らせ • Feb 22+ 2 more updatesNippon Ceramic Co., Ltd. to Report Q3, 2025 Results on Nov 07, 2025Nippon Ceramic Co., Ltd. announced that they will report Q3, 2025 results on Nov 07, 2025
Reported Earnings • Feb 08Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥181 (up from JP¥157 in FY 2023). Revenue: JP¥25.0b (up 2.4% from FY 2023). Net income: JP¥4.16b (up 13% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
お知らせ • Feb 07+ 1 more updateNippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2025Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 08 March 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
分析記事 • Dec 19Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. Based on this payment, the...
分析記事 • Dec 03Nippon Ceramic (TSE:6929) Is Paying Out A Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. This means the annual payment...
お知らせ • Dec 03Nippon Ceramic Co., Ltd. to Report Fiscal Year 2024 Results on Feb 07, 2025Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2024 results on Feb 07, 2025
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: JP¥35.97 (down from JP¥44.34 in 3Q 2023). Revenue: JP¥6.35b (down 3.4% from 3Q 2023). Net income: JP¥818.0m (down 22% from 3Q 2023). Profit margin: 13% (down from 16% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Nov 08Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. The dividend yield will be...
お知らせ • Nov 08Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.23% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.23% of its issued share capital, for ¥1,000 million. The program will expire on January 31, 2025. As of October 31, 2024, the company had 22,417,254 shares in issue (excluding treasury shares) and 4,814,003 shares in treasury.
分析記事 • Oct 15Nippon Ceramic (TSE:6929) Is Due To Pay A Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) has announced that it will pay a dividend of ¥100.00 per share on the 8th of...
分析記事 • Sep 24Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. Based on this payment, the...
Price Target Changed • Sep 12Price target decreased by 7.9% to JP¥2,900Down from JP¥3,150, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥2,462. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥161 for next year compared to JP¥157 last year.
分析記事 • Aug 09We Like Nippon Ceramic's (TSE:6929) Earnings For More Than Just Statutory ProfitNippon Ceramic Co., Ltd.'s ( TSE:6929 ) recent earnings report didn't offer any surprises, with the shares unchanged...
Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥49.86 (up from JP¥41.54 in 2Q 2023). Revenue: JP¥6.45b (up 6.0% from 2Q 2023). Net income: JP¥1.16b (up 18% from 2Q 2023). Profit margin: 18% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 59%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic 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 8% per year, which means it is significantly lagging earnings.
分析記事 • Aug 05Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00Nippon Ceramic Co., Ltd. ( TSE:6929 ) will pay a dividend of ¥100.00 on the 8th of March. This makes the dividend yield...
Declared Dividend • Aug 04Dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 8th March 2025 Dividend yield will be 4.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 02Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 500,000 shares, representing 2.19% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.19% of the outstanding shares for ¥1,000 million. The purpose of the program is to improve capital efficiency such as ROE, implementing flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will run until October 31, 2024. As of July 31, 2024, the company had 22,818,904 shares outstanding (excluding treasury stock) and 4,412,353 shares in treasury.
お知らせ • May 21Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 450,000 shares, representing 1.94% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 450,000 shares, representing 1.94% of the outstanding shares for ¥1,000 million. The purpose of the program is to improve capital efficiency such as ROE, implementing flexible capital policies in response to changes in the business environment, and enhancing return of profits to shareholders. The program will run until July 31, 2024. As of May 17, 2024, the company had 23,212,680 shares outstanding (excluding treasury stock) and 4,018,577 shares in treasury.
Reported Earnings • May 13First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥36.77 (down from JP¥41.58 in 1Q 2023). Revenue: JP¥5.68b (down 2.1% from 1Q 2023). Net income: JP¥867.0m (down 12% from 1Q 2023). Profit margin: 15% (down from 17% in 1Q 2023). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Mar 12Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 400,000 shares, representing 1.7% for ¥1,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 1.7% of the outstanding shares for ¥1,000 million. The purpose of the program is to carry out flexible capital policies in response to changes in the business environment and to enhance the return of profits to shareholders. The program will run until June 28, 2024. As of February 29, 2024, the company had 23,591,776 shares outstanding and 3,639,481 shares in treasury.
お知らせ • Feb 24+ 1 more updateNippon Ceramic Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Nippon Ceramic Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Feb 10Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥157 (down from JP¥206 in FY 2022). Revenue: JP¥24.4b (up 5.1% from FY 2022). Net income: JP¥3.69b (down 27% from FY 2022). Profit margin: 15% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Feb 09Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2024Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 27, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥100.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 07 March 2024. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
Price Target Changed • Dec 08Price target decreased by 12% to JP¥2,550Down from JP¥2,900, the current price target is provided by 1 analyst. New target price is 8.8% below last closing price of JP¥2,796. Stock is up 7.7% over the past year. The company is forecast to post earnings per share of JP¥162 for next year compared to JP¥206 last year.
お知らせ • Dec 05Nippon Ceramic Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024
Reported Earnings • Nov 04Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥44.33 (down from JP¥75.04 in 3Q 2022). Revenue: JP¥6.57b (up 7.5% from 3Q 2022). Net income: JP¥1.05b (down 43% from 3Q 2022). Profit margin: 16% (down from 30% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 03Price target decreased by 8.7% to JP¥2,900Down from JP¥3,175, the current price target is an average from 2 analysts. New target price is 9.9% above last closing price of JP¥2,638. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥206 last year.
Reported Earnings • Aug 08Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: JP¥41.54 (down from JP¥91.01 in 2Q 2022). Revenue: JP¥6.09b (up 4.1% from 2Q 2022). Net income: JP¥980.0m (down 56% from 2Q 2022). Profit margin: 16% (down from 38% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥41.58 (up from JP¥37.07 in 1Q 2022). Revenue: JP¥5.80b (up 13% from 1Q 2022). Net income: JP¥981.0m (up 6.1% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic 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 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 29Full year 2022 earnings: Revenues exceed analyst expectationsFull year 2022 results: Revenue: JP¥23.3b (up 8.9% from FY 2021). Net income: JP¥5.02b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 1.1%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan.
Buying Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be JP¥3,450, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is forecast to decline by 7.7% per annum over the same time period.
Reported Earnings • Feb 04Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: JP¥206 (up from JP¥111 in FY 2021). Revenue: JP¥23.3b (up 8.9% from FY 2021). Net income: JP¥5.02b (up 78% from FY 2021). Profit margin: 22% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% 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 • Feb 04+ 3 more updatesNippon Ceramic Co., Ltd., Annual General Meeting, Mar 24, 2023Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 24, 2023.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 08 March 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
お知らせ • Dec 06Nippon Ceramic Co., Ltd. to Report Fiscal Year 2022 Results on Feb 03, 2023Nippon Ceramic Co., Ltd. announced that they will report fiscal year 2022 results on Feb 03, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside Director & Member of Audit & Supervisory Board Koichi Ikehara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥75.03 (up from JP¥20.66 in 3Q 2021). Revenue: JP¥6.11b (up 12% from 3Q 2021). Net income: JP¥1.82b (up 248% from 3Q 2021). Profit margin: 30% (up from 9.6% in 3Q 2021). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 158%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Nov 05+ 1 more updateNippon Ceramic Co., Ltd. Provides Consolidated Earnings Forecasts for the Period from January 1, 2022 to December 31, 2022Nippon Ceramic Co., Ltd. provided Consolidated earnings forecasts for the period from January 1, 2022 to December 31, 2022. For the period, the company expected net sales of JPY 22,500 million, Operating income of JPY 4,200 million, Net income attributable to owners of parent of JPY 5,800 million and Net income per share of JPY 234.66.
Major Estimate Revision • Nov 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥221 to JP¥251. Revenue forecast steady at JP¥22.8b. Net income forecast to grow 6.0% next year vs 5.7% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,950 to JP¥3,050. Share price rose 3.2% to JP¥2,567 over the past week.
Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥191 to JP¥218. Revenue forecast unchanged at JP¥22.5b. Net income forecast to shrink 1.6% next year vs 6.7% growth forecast for Electronic industry in Japan . Consensus price target of JP¥2,850 unchanged from last update. Share price rose 5.1% to JP¥2,590 over the past week.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,465, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 2.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,191 per share.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: JP¥91.00 (up from JP¥31.04 in 2Q 2021). Revenue: JP¥5.85b (up 8.2% from 2Q 2021). Net income: JP¥2.23b (up 180% from 2Q 2021). Profit margin: 38% (up from 15% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 293%. Over the next year, revenue is forecast to grow 5.3%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06+ 1 more updateNippon Ceramic Co., Ltd. Provides End of Fourth Quarter Dividend Forecast for the Fiscal Year 2022Nippon Ceramic Co., Ltd. provided end of Fourth quarter dividend forecast of JPY 50.00 for the Fiscal Year 2022.
Major Estimate Revision • Aug 06Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥120 to JP¥191. Revenue forecast steady at JP¥22.3b. Net income forecast to grow 41% next year vs 5.9% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,750 to JP¥2,850. Share price rose 2.5% to JP¥2,141 over the past week.
Price Target Changed • Jul 15Price target decreased to JP¥2,750Down from JP¥3,000, the current price target is an average from 3 analysts. New target price is 35% above last closing price of JP¥2,034. Stock is down 30% over the past year. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥111 last year.
Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥2,745, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.
Reported Earnings • May 11First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: JP¥37.07 (up from JP¥30.19 in 1Q 2021). Revenue: JP¥5.13b (up 3.0% from 1Q 2021). Net income: JP¥925.0m (up 19% from 1Q 2021). Profit margin: 18% (up from 16% in 1Q 2021). Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 6.1%, compared to a 8.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • May 08+ 1 more updateNippon Ceramic Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending December 31, 2022; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Nippon Ceramic Co., Ltd. provided consolidated earnings guidance for the first half of fiscal year ending December 31, 2022. For the period, the company expects net sales of JPY 11,100 million, operating income of JPY 2,050 million, net income attributable to owners of plant of JPY 1,600 million or JPY 64.13 per share. For the year ending December 31, 2022, the company expects net sales of JPY 22,500 million, operating income of JPY 4,200 million, net income attributable to owners of plant of JPY 3,300 million or JPY 132.26 per share.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside Director & Member of Audit & Supervisory Board Koichi Ikehara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 10Nippon Ceramic Co Ordinary Shares to Be Deleted from Other OTCNippon Ceramic Co., Ltd.'s Ordinary Shares will be deleted from other OTC effective from March 8, 2022 due to Inactive Security.
お知らせ • Feb 25Nippon Ceramic Co., Ltd. to Report Q3, 2022 Results on Nov 04, 2022Nippon Ceramic Co., Ltd. announced that they will report Q3, 2022 results on Nov 04, 2022
お知らせ • Feb 07Nippon Ceramic Co., Ltd. (TSE:6929) announces an Equity Buyback for 700,000 shares, representing 2.79% for ¥2,000 million.Nippon Ceramic Co., Ltd. (TSE:6929) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 2.79% of the outstanding shares for ¥2,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, enhance capital efficiency and improve shareholder returns. The program will run until December 31, 2022. As of January 31, 2022, the company had 25,072,318 shares outstanding and 2,158,939 shares in treasury.
Reported Earnings • Feb 07Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: JP¥111 (up from JP¥82.16 in FY 2020). Revenue: JP¥21.4b (up 25% from FY 2020). Net income: JP¥2.82b (up 32% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 7.0%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Feb 06Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 25, 2022Nippon Ceramic Co., Ltd., Annual General Meeting, Mar 25, 2022.
お知らせ • Feb 05+ 2 more updatesNippon Ceramic Co., Ltd. Announces Year End Dividend for the Fiscal Year 2021, Payable on March 08, 2022; Provides Year End Dividend Guidance for the Fiscal Year 2022Nippon Ceramic Co., Ltd. announced year end dividend of JPY 100 per share for the fiscal year 2021 compared to JPY 70 per share paid a year ago. The dividend will be payable on March 08, 2022. Fiscal year 2021 dividend included a special dividend JPY 50 per share.The company provided year end dividend guidance for the fiscal year 2022. For the period, the company expected dividend of JPY 50 per share compared to JPY 100 per share a year ago.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 09 March 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS JP¥20.66 (vs JP¥20.46 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: JP¥5.45b (up 18% from 3Q 2020). Net income: JP¥523.0m (flat on 3Q 2020). Profit margin: 9.6% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS JP¥31.04 (vs JP¥11.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥5.40b (up 48% from 2Q 2020). Net income: JP¥795.0m (up 174% from 2Q 2020). Profit margin: 15% (up from 8.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
Reported Earnings • May 10First quarter 2021 earnings released: EPS JP¥30.19 (vs JP¥22.85 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: JP¥4.98b (up 27% from 1Q 2020). Net income: JP¥778.0m (up 29% from 1Q 2020). Profit margin: 16% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • May 08+ 2 more updatesNippon Ceramic Co., Ltd. Announces Dividend for the Fiscal Year Ended 2020Nippon Ceramic Co., Ltd. announced dividend of JPY 70 per share for the fiscal year ended 2020.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS JP¥82.16 (vs JP¥101 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥17.1b (down 7.9% from FY 2019). Net income: JP¥2.13b (down 22% from FY 2019). Profit margin: 13% (down from 15% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
Is New 90 Day High Low • Feb 26New 90-day low: JP¥2,639The company is down 9.0% from its price of JP¥2,908 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,590 per share.
お知らせ • Feb 13+ 1 more updateNippon Ceramic Co., Ltd. to Report Q3, 2021 Results on Nov 05, 2021Nippon Ceramic Co., Ltd. announced that they will report Q3, 2021 results on Nov 05, 2021
