View ValuationNHK Spring 향후 성장Future 기준 점검 3/6NHK Spring (는) 각각 연간 22.3% 및 5.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 22.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.5% 로 예상됩니다.핵심 정보22.3%이익 성장률22.56%EPS 성장률Auto Components 이익 성장9.8%매출 성장률5.8%향후 자기자본이익률11.53%애널리스트 커버리지Low마지막 업데이트07 Jul 2026최근 향후 성장 업데이트Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jul 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to JP¥4,089. The fair value is estimated to be JP¥3,360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.Reported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.속보 • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.공시 • Apr 11NHK Spring Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026NHK Spring Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 11, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 31% and the cash payout ratio is 83%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%).Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥55.55 (vs JP¥38.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥55.55 (up from JP¥38.78 in 3Q 2025). Revenue: JP¥202.5b (flat on 3Q 2025). Net income: JP¥11.3b (up 35% from 3Q 2025). Profit margin: 5.6% (up from 4.1% in 3Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Dec 28Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Dec 12NHK Spring Co., Ltd.'s (TSE:5991) Intrinsic Value Is Potentially 45% Above Its Share PriceKey Insights The projected fair value for NHK Spring is JP¥3,792 based on 2 Stage Free Cash Flow to Equity NHK Spring's...Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 29NHK Spring Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026NHK Spring Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥24.33 (vs JP¥30.20 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.33 (down from JP¥30.20 in 2Q 2025). Revenue: JP¥194.0b (down 1.8% from 2Q 2025). Net income: JP¥4.93b (down 24% from 2Q 2025). Profit margin: 2.5% (down from 3.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,240, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,672 per share.Buy Or Sell Opportunity • Nov 13Now 33% undervaluedOver the last 90 days, the stock has risen 34% to JP¥2,418. The fair value is estimated to be JP¥3,632, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.공시 • Nov 12+ 1 more updateNHK Spring Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026NHK Spring Co., Ltd. provided year-end dividend guidance of JPY 33.00 per share for the fiscal year ending March 31, 2026 against JPY 33.00 per share paid a year ago.분석 기사 • Nov 05Returns On Capital Are Showing Encouraging Signs At NHK Spring (TSE:5991)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change).Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,443, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,902 per share.Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).분석 기사 • Sep 05Insufficient Growth At NHK Spring Co., Ltd. (TSE:5991) Hampers Share PriceNHK Spring Co., Ltd.'s ( TSE:5991 ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now...공시 • Aug 21NHK Spring Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025NHK Spring Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥44.24 (vs JP¥69.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥44.24 (down from JP¥69.37 in 1Q 2025). Revenue: JP¥200.0b (up 3.2% from 1Q 2025). Net income: JP¥8.98b (down 40% from 1Q 2025). Profit margin: 4.5% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 24NHK Spring (TSE:5991) Has Announced A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend of ¥33.00 per share on the 3rd...분석 기사 • Jul 10NHK Spring (TSE:5991) Will Pay A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend on the 3rd of December, with...Declared Dividend • Jul 09Final dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.공시 • Jun 07NHK Spring Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025NHK Spring Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025Reported Earnings • May 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥225 (up from JP¥173 in FY 2024). Revenue: JP¥801.7b (up 4.5% from FY 2024). Net income: JP¥48.2b (up 23% from FY 2024). Profit margin: 6.0% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.공시 • May 14NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025.분석 기사 • Apr 30NHK Spring Co., Ltd.'s (TSE:5991) Business And Shares Still Trailing The MarketWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider NHK...Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.분석 기사 • Apr 10Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,353, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 84% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 82%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).분석 기사 • Mar 17NHK Spring (TSE:5991) Is Experiencing Growth In Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Mar 07NHK Spring Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025NHK Spring Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.분석 기사 • Mar 04NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last YearNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Feb 17NHK Spring (TSE:5991) Is Increasing Its Dividend To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) will increase its dividend from last year's comparable payment on the 26th of June to...Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥38.78 (vs JP¥29.27 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.78 (up from JP¥29.27 in 3Q 2024). Revenue: JP¥201.4b (flat on 3Q 2024). Net income: JP¥8.32b (up 26% from 3Q 2024). Profit margin: 4.1% (up from 3.3% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).분석 기사 • Jan 16NHK Spring's (TSE:5991) Upcoming Dividend Will Be Larger Than Last Year'sNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Jan 02NHK Spring (TSE:5991) Is Increasing Its Dividend To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Jan 01Is NHK Spring Co., Ltd. (TSE:5991) Trading At A 32% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NHK Spring fair value estimate is JP¥2,945 NHK Spring is...공시 • Dec 23NHK Spring Co., Ltd. (TSE:5991) announces an Equity Buyback for 13,000,000 shares, representing 6.05% for ¥26,000 million.NHK Spring Co., Ltd. (TSE:5991) announces a share repurchase program. Under the program, the company will repurchase 13,000,000 shares, representing 6.05% of its share capital, for ¥26,000 million. The company will repurchase its shares in order to improve capital efficiency by enhancing shareholder returns while enabling flexible execution of capital policy. The program will expire on June 23, 2025. As of November 30, 2024, the company had 214,821,247 shares outstanding (excluding treasury shares) and 29,244,897 shares in treasury.분석 기사 • Dec 18NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be paying its dividend of ¥33.00 on the 26th...분석 기사 • Dec 04NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) will increase its dividend from last year's comparable payment on the 26th of June to...Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (12% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.공시 • Nov 30NHK Spring Co., Ltd. to Report Q3, 2025 Final Results on Feb 12, 2025NHK Spring Co., Ltd. announced that they will report Q3, 2025 final results on Feb 12, 2025분석 기사 • Nov 20NHK Spring's (TSE:5991) Earnings Are Weaker Than They SeemDespite announcing strong earnings, NHK Spring Co., Ltd.'s ( TSE:5991 ) stock was sluggish. We did some digging and...Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥31.79 in 2Q 2024)Second quarter 2025 results: EPS: JP¥30.20 (down from JP¥31.79 in 2Q 2024). Revenue: JP¥197.4b (up 8.0% from 2Q 2024). Net income: JP¥6.49b (down 9.9% from 2Q 2024). Profit margin: 3.3% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Nov 05Benign Growth For NHK Spring Co., Ltd. (TSE:5991) Underpins Its Share PriceWith a price-to-earnings (or "P/E") ratio of 8.2x NHK Spring Co., Ltd. ( TSE:5991 ) may be sending bullish signals at...Price Target Changed • Oct 25Price target increased by 16% to JP¥1,950Up from JP¥1,675, the current price target is an average from 3 analysts. New target price is 6.8% above last closing price of JP¥1,825. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥173 last year.분석 기사 • Oct 22Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Oct 07Do NHK Spring's (TSE:5991) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.5%).분석 기사 • Sep 12NHK Spring (TSE:5991) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...분석 기사 • Aug 27NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥30.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...공시 • Aug 27NHK Spring Co., Ltd. to Report Q2, 2025 Results on Nov 13, 2024NHK Spring Co., Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥69.37 (vs JP¥31.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥69.37 (up from JP¥31.57 in 1Q 2024). Revenue: JP¥193.8b (up 8.1% from 1Q 2024). Net income: JP¥15.1b (up 111% from 1Q 2024). Profit margin: 7.8% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Aug 08NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...공시 • Aug 07+ 1 more updateNHK Spring Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending September 30, 2024 and Full Year Ending March 31, 2025NHK Spring Co., Ltd. revised consolidated earnings guidance for the first half ending September 30, 2024 and full year ending March 31, 2025. For the first half, the company now expects net sales of JPY 395,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 20,000 million and earnings per share of JPY 92.62 against net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share of JPY 67.73 as previously forecasted. For the full year, the company now expects net sales of JPY 800,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 45,000 million and earnings per share of JPY 208.93 against net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share of JPY 180.62 as previously forecasted. Reason for the revision: Consolidated results for the first half of the fiscal year ending March 31, 2025, are expected to exceed the initial forecast due to the strong performance of the DDS business and the impact of the weaker-than-expected yen exchange rate in the first quarter of the current fiscal year. Operating profit is expected to exceed the forecast due to the strong performance of the DDS business. In addition, as announced in the "Notice Concerning Recording of Extraordinary Income" announced on July 16, 2024, the company expects to record extraordinary income in the second quarter, and therefore, profit attributable to owners of parent for the quarter is also expected to exceed the forecast.분석 기사 • Aug 05The Market Doesn't Like What It Sees From NHK Spring Co., Ltd.'s (TSE:5991) Earnings Yet As Shares Tumble 26%NHK Spring Co., Ltd. ( TSE:5991 ) shareholders that were waiting for something to happen have been dealt a blow with a...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,211, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥761 per share.분석 기사 • Jul 25NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Jul 11NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last YearNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).Major Estimate Revision • Jun 06Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥775.0b to JP¥788.0b. EPS estimate increased from JP¥133 to JP¥181 per share. Net income forecast to grow 0.2% next year vs 3.6% growth forecast for Auto Components industry in Japan. Consensus price target up from JP¥1,375 to JP¥1,525. Share price fell 4.5% to JP¥1,647 over the past week.분석 기사 • Jun 04Here's Why NHK Spring (TSE:5991) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Jun 02NHK Spring Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024NHK Spring Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024Buy Or Sell Opportunity • May 28Now 23% undervaluedOver the last 90 days, the stock has risen 21% to JP¥1,742. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 8.1%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.분석 기사 • May 22NHK Spring's (TSE:5991) Solid Profits Have Weak FundamentalsNHK Spring Co., Ltd. ( TSE:5991 ) just reported some strong earnings, and the market reacted accordingly with a healthy...Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,844, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,244 per share.Reported Earnings • May 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥173 (up from JP¥94.50 in FY 2023). Revenue: JP¥766.9b (up 11% from FY 2023). Net income: JP¥39.2b (up 82% from FY 2023). Profit margin: 5.1% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • May 16+ 1 more updateNHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025NHK Spring Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2025. For the first half, the company expects net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share, Basic of JPY 67.73.For the full year, the company expects net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share, Basic of JPY 180.62.공시 • May 09NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024. Agenda: To consider approval of Remuneration Amount for Restricted Stock-Based Compensation Plan.분석 기사 • Apr 28NHK Spring Co., Ltd.'s (TSE:5991) P/E Still Appears To Be ReasonableWith a price-to-earnings (or "P/E") ratio of 18.8x NHK Spring Co., Ltd. ( TSE:5991 ) may be sending bearish signals at...분석 기사 • Apr 15Estimating The Intrinsic Value Of NHK Spring Co., Ltd. (TSE:5991)Key Insights NHK Spring's estimated fair value is JP¥1,773 based on 2 Stage Free Cash Flow to Equity Current share...Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).분석 기사 • Mar 13Be Wary Of NHK Spring (TSE:5991) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Feb 29NHK Spring Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024NHK Spring Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024분석 기사 • Feb 27NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥23.00NHK Spring Co., Ltd.'s ( TSE:5991 ) periodic dividend will be increasing on the 1st of July to ¥23.00, with investors...Major Estimate Revision • Feb 22Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥117 to JP¥149. Revenue forecast steady at JP¥761.7b. Net income forecast to grow 67% next year vs 6.5% growth forecast for Auto Components industry in Japan. Consensus price target of JP¥1,375 unchanged from last update. Share price rose 4.3% to JP¥1,494 over the past week.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥29.27 (vs JP¥16.71 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.27 (up from JP¥16.71 in 3Q 2023). Revenue: JP¥200.1b (up 12% from 3Q 2023). Net income: JP¥6.63b (up 74% from 3Q 2023). Profit margin: 3.3% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.공시 • Feb 14NHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for Full Year of Fiscal Year Ending March 31, 2024NHK Spring Co., Ltd. provided consolidated earnings guidance for full year of fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 35,000 million and basic earnings per share of JPY 154.51 against previous guidance of net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 110.37.이익 및 매출 성장 예측TSE:5991 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029973,96760,01743,93197,03433/31/2028912,57553,00030,26186,14243/31/2027866,42546,96312,53367,23143/31/2026816,87927,86235,52877,446N/A12/31/2025805,41343,464N/AN/AN/A9/30/2025804,39840,52816,06355,905N/A6/30/2025807,86842,085N/AN/AN/A3/31/2025801,69848,16712,82055,713N/A12/31/2024797,31948,070N/AN/AN/A9/30/2024795,96946,38216,67559,246N/A6/30/2024781,42447,095N/AN/AN/A3/31/2024766,93439,18832,78666,706N/A12/31/2023744,20218,837N/AN/AN/A9/30/2023722,82916,017-9,21322,630N/A6/30/2023717,50320,097N/AN/AN/A3/31/2023693,24621,537-13,33713,656N/A12/31/2022670,46441,482N/AN/AN/A9/30/2022640,58843,45512,28832,562N/A6/30/2022600,27734,968N/AN/AN/A3/31/2022586,90331,99810,33934,505N/A12/31/2021600,88223,517N/AN/AN/A9/30/2021615,31225,78927,87354,145N/A6/30/2021614,33023,205N/AN/AN/A3/31/2021572,6399,3962,72329,636N/A12/31/2020571,027-373N/AN/AN/A9/30/2020577,041-3,218-18,63515,884N/A6/30/2020601,961-2,015N/AN/AN/A3/31/2020664,4994,612-10,79736,621N/A12/31/2019661,003-7,128N/AN/AN/A9/30/2019669,033-5,750N/A35,606N/A6/30/2019675,137-1,315N/AN/AN/A3/31/2019681,0067,104N/A36,794N/A12/31/2018691,46819,416N/AN/AN/A9/30/2018677,58820,502N/A43,960N/A6/30/2018668,85520,056N/AN/AN/A3/31/2018659,73020,495N/A49,811N/A12/31/2017649,88224,731N/AN/AN/A9/30/2017645,13427,578N/A57,762N/A6/30/2017635,66527,723N/AN/AN/A3/31/2017626,95025,098N/A55,664N/A12/31/2016623,87722,997N/AN/AN/A9/30/2016629,03620,501N/A48,549N/A6/30/2016634,27719,539N/AN/AN/A3/31/2016640,51621,592N/A42,674N/A12/31/2015636,80724,238N/AN/AN/A9/30/2015626,58524,593N/A44,990N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5991 의 연간 예상 수익 증가율(22.3%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 5991 의 연간 수익(22.3%)이 JP 시장(10%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 5991 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 5991 의 수익(연간 5.8%)이 JP 시장(연간 6.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 5991 의 수익(연간 5.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5991의 자본 수익률은 3년 후 11.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YAutomobiles 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/08 22:44종가2026/07/08 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NHK Spring Co., Ltd.는 9명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masaru KoshitaBarclaysShiro SakamakiBofA Global ResearchMasashi ItayaJ.P. Morgan6명의 분석가 더 보기
Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.
Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.
Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.
Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.
Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.
Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.
Buy Or Sell Opportunity • Jul 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to JP¥4,089. The fair value is estimated to be JP¥3,360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
Reported Earnings • Jun 23Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 16NHK Spring Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026NHK Spring Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026
Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to JP¥3,946. The fair value is estimated to be JP¥3,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Reported Earnings • May 12Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥137 (down from JP¥225 in FY 2025). Revenue: JP¥816.9b (up 1.9% from FY 2025). Net income: JP¥27.9b (down 42% from FY 2025). Profit margin: 3.4% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 11NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2026.
속보 • May 11NHK Spring Profit Declines 42.2% as Costs Rise, Eyes Recovery With India ExpansionNHK Spring reported a 42.2% decline in consolidated profit for the year to March 31, 2026, while net sales moved 1.9% higher, citing higher costs, asset impairments and increased deferred tax liabilities. Management described the impairments and tax charges as one-off items with limited effect on the next fiscal year and kept the annual dividend only slightly lower, pointing to what it describes as a strong financial position. Non-consolidated net income improved, supported by foreign exchange gains, dividend income and gains on investment securities. The company plans overseas expansion, including a new automotive unit in India, and is targeting better capital efficiency and shareholder returns by FY2027. The key question now is how effectively NHK Spring can convert its planned overseas expansion and capital efficiency focus into more resilient profit, given that a large part of the latest profit decline is tied to items management labels as one-off. Readers should watch execution risks around the India automotive unit and any further cost or tax surprises that could affect the path toward the FY2027 profit and sales goals.
공시 • Apr 11NHK Spring Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026NHK Spring Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 11, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 31% and the cash payout ratio is 83%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%).
Price Target Changed • Mar 19Price target increased by 9.2% to JP¥3,190Up from JP¥2,923, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥2,675. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥197 for next year compared to JP¥225 last year.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥55.55 (vs JP¥38.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥55.55 (up from JP¥38.78 in 3Q 2025). Revenue: JP¥202.5b (flat on 3Q 2025). Net income: JP¥11.3b (up 35% from 3Q 2025). Profit margin: 5.6% (up from 4.1% in 3Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Dec 28Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Dec 12NHK Spring Co., Ltd.'s (TSE:5991) Intrinsic Value Is Potentially 45% Above Its Share PriceKey Insights The projected fair value for NHK Spring is JP¥3,792 based on 2 Stage Free Cash Flow to Equity NHK Spring's...
Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 29NHK Spring Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026NHK Spring Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥24.33 (vs JP¥30.20 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.33 (down from JP¥30.20 in 2Q 2025). Revenue: JP¥194.0b (down 1.8% from 2Q 2025). Net income: JP¥4.93b (down 24% from 2Q 2025). Profit margin: 2.5% (down from 3.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,240, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,672 per share.
Buy Or Sell Opportunity • Nov 13Now 33% undervaluedOver the last 90 days, the stock has risen 34% to JP¥2,418. The fair value is estimated to be JP¥3,632, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
공시 • Nov 12+ 1 more updateNHK Spring Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026NHK Spring Co., Ltd. provided year-end dividend guidance of JPY 33.00 per share for the fiscal year ending March 31, 2026 against JPY 33.00 per share paid a year ago.
분석 기사 • Nov 05Returns On Capital Are Showing Encouraging Signs At NHK Spring (TSE:5991)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change).
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,443, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,902 per share.
Price Target Changed • Oct 03Price target increased by 7.3% to JP¥2,193Up from JP¥2,043, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of JP¥2,330. Stock is up 26% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥225 last year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).
분석 기사 • Sep 05Insufficient Growth At NHK Spring Co., Ltd. (TSE:5991) Hampers Share PriceNHK Spring Co., Ltd.'s ( TSE:5991 ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now...
공시 • Aug 21NHK Spring Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025NHK Spring Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥44.24 (vs JP¥69.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥44.24 (down from JP¥69.37 in 1Q 2025). Revenue: JP¥200.0b (up 3.2% from 1Q 2025). Net income: JP¥8.98b (down 40% from 1Q 2025). Profit margin: 4.5% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 24NHK Spring (TSE:5991) Has Announced A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend of ¥33.00 per share on the 3rd...
분석 기사 • Jul 10NHK Spring (TSE:5991) Will Pay A Dividend Of ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will pay a dividend on the 3rd of December, with...
Declared Dividend • Jul 09Final dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Jun 19Price target decreased by 13% to JP¥1,918Down from JP¥2,203, the current price target is an average from 4 analysts. New target price is 19% above last closing price of JP¥1,614. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥225 last year.
공시 • Jun 07NHK Spring Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025NHK Spring Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025
Reported Earnings • May 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥225 (up from JP¥173 in FY 2024). Revenue: JP¥801.7b (up 4.5% from FY 2024). Net income: JP¥48.2b (up 23% from FY 2024). Profit margin: 6.0% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
공시 • May 14NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2025.
분석 기사 • Apr 30NHK Spring Co., Ltd.'s (TSE:5991) Business And Shares Still Trailing The MarketWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider NHK...
Price Target Changed • Apr 17Price target decreased by 8.3% to JP¥2,203Down from JP¥2,403, the current price target is an average from 4 analysts. New target price is 52% above last closing price of JP¥1,445. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥173 last year.
분석 기사 • Apr 10Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,353, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 84% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 82%. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
분석 기사 • Mar 17NHK Spring (TSE:5991) Is Experiencing Growth In Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Mar 07NHK Spring Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025NHK Spring Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
Price Target Changed • Mar 06Price target increased by 15% to JP¥2,393Up from JP¥2,080, the current price target is an average from 4 analysts. New target price is 40% above last closing price of JP¥1,704. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥173 last year.
분석 기사 • Mar 04NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last YearNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Feb 17NHK Spring (TSE:5991) Is Increasing Its Dividend To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) will increase its dividend from last year's comparable payment on the 26th of June to...
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥38.78 (vs JP¥29.27 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.78 (up from JP¥29.27 in 3Q 2024). Revenue: JP¥201.4b (flat on 3Q 2024). Net income: JP¥8.32b (up 26% from 3Q 2024). Profit margin: 4.1% (up from 3.3% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 23Price target increased by 11% to JP¥2,164Up from JP¥1,950, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of JP¥1,999. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥173 last year.
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change).
분석 기사 • Jan 16NHK Spring's (TSE:5991) Upcoming Dividend Will Be Larger Than Last Year'sNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Jan 02NHK Spring (TSE:5991) Is Increasing Its Dividend To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Jan 01Is NHK Spring Co., Ltd. (TSE:5991) Trading At A 32% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, NHK Spring fair value estimate is JP¥2,945 NHK Spring is...
공시 • Dec 23NHK Spring Co., Ltd. (TSE:5991) announces an Equity Buyback for 13,000,000 shares, representing 6.05% for ¥26,000 million.NHK Spring Co., Ltd. (TSE:5991) announces a share repurchase program. Under the program, the company will repurchase 13,000,000 shares, representing 6.05% of its share capital, for ¥26,000 million. The company will repurchase its shares in order to improve capital efficiency by enhancing shareholder returns while enabling flexible execution of capital policy. The program will expire on June 23, 2025. As of November 30, 2024, the company had 214,821,247 shares outstanding (excluding treasury shares) and 29,244,897 shares in treasury.
분석 기사 • Dec 18NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00The board of NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be paying its dividend of ¥33.00 on the 26th...
분석 기사 • Dec 04NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00NHK Spring Co., Ltd. ( TSE:5991 ) will increase its dividend from last year's comparable payment on the 26th of June to...
Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (12% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
공시 • Nov 30NHK Spring Co., Ltd. to Report Q3, 2025 Final Results on Feb 12, 2025NHK Spring Co., Ltd. announced that they will report Q3, 2025 final results on Feb 12, 2025
분석 기사 • Nov 20NHK Spring's (TSE:5991) Earnings Are Weaker Than They SeemDespite announcing strong earnings, NHK Spring Co., Ltd.'s ( TSE:5991 ) stock was sluggish. We did some digging and...
Reported Earnings • Nov 19Second quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥31.79 in 2Q 2024)Second quarter 2025 results: EPS: JP¥30.20 (down from JP¥31.79 in 2Q 2024). Revenue: JP¥197.4b (up 8.0% from 2Q 2024). Net income: JP¥6.49b (down 9.9% from 2Q 2024). Profit margin: 3.3% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Nov 05Benign Growth For NHK Spring Co., Ltd. (TSE:5991) Underpins Its Share PriceWith a price-to-earnings (or "P/E") ratio of 8.2x NHK Spring Co., Ltd. ( TSE:5991 ) may be sending bullish signals at...
Price Target Changed • Oct 25Price target increased by 16% to JP¥1,950Up from JP¥1,675, the current price target is an average from 3 analysts. New target price is 6.8% above last closing price of JP¥1,825. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥173 last year.
분석 기사 • Oct 22Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Oct 07Do NHK Spring's (TSE:5991) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.5%).
분석 기사 • Sep 12NHK Spring (TSE:5991) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
분석 기사 • Aug 27NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥30.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
공시 • Aug 27NHK Spring Co., Ltd. to Report Q2, 2025 Results on Nov 13, 2024NHK Spring Co., Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥69.37 (vs JP¥31.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥69.37 (up from JP¥31.57 in 1Q 2024). Revenue: JP¥193.8b (up 8.1% from 1Q 2024). Net income: JP¥15.1b (up 111% from 1Q 2024). Profit margin: 7.8% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Aug 08NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
공시 • Aug 07+ 1 more updateNHK Spring Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending September 30, 2024 and Full Year Ending March 31, 2025NHK Spring Co., Ltd. revised consolidated earnings guidance for the first half ending September 30, 2024 and full year ending March 31, 2025. For the first half, the company now expects net sales of JPY 395,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 20,000 million and earnings per share of JPY 92.62 against net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share of JPY 67.73 as previously forecasted. For the full year, the company now expects net sales of JPY 800,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 45,000 million and earnings per share of JPY 208.93 against net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share of JPY 180.62 as previously forecasted. Reason for the revision: Consolidated results for the first half of the fiscal year ending March 31, 2025, are expected to exceed the initial forecast due to the strong performance of the DDS business and the impact of the weaker-than-expected yen exchange rate in the first quarter of the current fiscal year. Operating profit is expected to exceed the forecast due to the strong performance of the DDS business. In addition, as announced in the "Notice Concerning Recording of Extraordinary Income" announced on July 16, 2024, the company expects to record extraordinary income in the second quarter, and therefore, profit attributable to owners of parent for the quarter is also expected to exceed the forecast.
분석 기사 • Aug 05The Market Doesn't Like What It Sees From NHK Spring Co., Ltd.'s (TSE:5991) Earnings Yet As Shares Tumble 26%NHK Spring Co., Ltd. ( TSE:5991 ) shareholders that were waiting for something to happen have been dealt a blow with a...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,211, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥761 per share.
분석 기사 • Jul 25NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00NHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Jul 11NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last YearNHK Spring Co., Ltd. ( TSE:5991 ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Jul 11Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jul 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change).
Major Estimate Revision • Jun 06Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥775.0b to JP¥788.0b. EPS estimate increased from JP¥133 to JP¥181 per share. Net income forecast to grow 0.2% next year vs 3.6% growth forecast for Auto Components industry in Japan. Consensus price target up from JP¥1,375 to JP¥1,525. Share price fell 4.5% to JP¥1,647 over the past week.
분석 기사 • Jun 04Here's Why NHK Spring (TSE:5991) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Jun 02NHK Spring Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024NHK Spring Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024
Buy Or Sell Opportunity • May 28Now 23% undervaluedOver the last 90 days, the stock has risen 21% to JP¥1,742. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 8.1%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.
분석 기사 • May 22NHK Spring's (TSE:5991) Solid Profits Have Weak FundamentalsNHK Spring Co., Ltd. ( TSE:5991 ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,844, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,244 per share.
Reported Earnings • May 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥173 (up from JP¥94.50 in FY 2023). Revenue: JP¥766.9b (up 11% from FY 2023). Net income: JP¥39.2b (up 82% from FY 2023). Profit margin: 5.1% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • May 16+ 1 more updateNHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025NHK Spring Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2025. For the first half, the company expects net sales of JPY 377,700 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 15,000 million and earnings per share, Basic of JPY 67.73.For the full year, the company expects net sales of JPY 780,000 million, operating profit of JPY 40,000 million, profit attributable to owners of parent of JPY 40,000 million and earnings per share, Basic of JPY 180.62.
공시 • May 09NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024NHK Spring Co., Ltd., Annual General Meeting, Jun 25, 2024. Agenda: To consider approval of Remuneration Amount for Restricted Stock-Based Compensation Plan.
분석 기사 • Apr 28NHK Spring Co., Ltd.'s (TSE:5991) P/E Still Appears To Be ReasonableWith a price-to-earnings (or "P/E") ratio of 18.8x NHK Spring Co., Ltd. ( TSE:5991 ) may be sending bearish signals at...
분석 기사 • Apr 15Estimating The Intrinsic Value Of NHK Spring Co., Ltd. (TSE:5991)Key Insights NHK Spring's estimated fair value is JP¥1,773 based on 2 Stage Free Cash Flow to Equity Current share...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).
분석 기사 • Mar 13Be Wary Of NHK Spring (TSE:5991) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Feb 29NHK Spring Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024NHK Spring Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
분석 기사 • Feb 27NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥23.00NHK Spring Co., Ltd.'s ( TSE:5991 ) periodic dividend will be increasing on the 1st of July to ¥23.00, with investors...
Major Estimate Revision • Feb 22Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥117 to JP¥149. Revenue forecast steady at JP¥761.7b. Net income forecast to grow 67% next year vs 6.5% growth forecast for Auto Components industry in Japan. Consensus price target of JP¥1,375 unchanged from last update. Share price rose 4.3% to JP¥1,494 over the past week.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥29.27 (vs JP¥16.71 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.27 (up from JP¥16.71 in 3Q 2023). Revenue: JP¥200.1b (up 12% from 3Q 2023). Net income: JP¥6.63b (up 74% from 3Q 2023). Profit margin: 3.3% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
공시 • Feb 14NHK Spring Co., Ltd. Provides Consolidated Earnings Guidance for Full Year of Fiscal Year Ending March 31, 2024NHK Spring Co., Ltd. provided consolidated earnings guidance for full year of fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 35,000 million and basic earnings per share of JPY 154.51 against previous guidance of net sales of JPY 760,000 million, operating profit of JPY 27,000 million, profit attributable to owners of parent of JPY 25,000 million and basic earnings per share of JPY 110.37.