View Financial HealthNittoh 배당 및 자사주 매입배당 기준 점검 4/6Nittoh 수익으로 충분히 충당되는 현재 수익률 3% 보유한 배당금 지급 회사입니다.핵심 정보3.0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률3.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향17%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 85%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).모든 업데이트 보기Recent updatesBoard Change • May 20Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥81.42 (vs JP¥99.18 in FY 2025)Full year 2026 results: EPS: JP¥81.42 (down from JP¥99.18 in FY 2025). Revenue: JP¥11.1b (up 7.4% from FY 2025). Net income: JP¥330.0m (down 18% from FY 2025). Profit margin: 3.0% (down from 3.9% in FY 2025). The decrease in margin was driven by higher expenses. 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 7% per year, which means it is significantly lagging earnings growth.Board Change • May 01Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Board Change • Feb 25Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥33.31 (vs JP¥20.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.31 (up from JP¥20.48 in 3Q 2025). Revenue: JP¥3.17b (up 17% from 3Q 2025). Net income: JP¥135.0m (up 63% from 3Q 2025). Profit margin: 4.3% (up from 3.1% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Feb 05Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 25Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥99.18 (vs JP¥60.94 in FY 2024)Full year 2025 results: EPS: JP¥99.18 (up from JP¥60.94 in FY 2024). Revenue: JP¥10.3b (up 2.0% from FY 2024). Net income: JP¥402.0m (up 63% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.공시 • Jun 04Nittoh Corporation, Annual General Meeting, Jun 21, 2025Nittoh Corporation, Annual General Meeting, Jun 21, 2025, at 10:00 Tokyo Standard Time. Location: 3-15-33 sakae, naka-ku, nagoya sakae gas building 5th floor king room, nagoya JapanBoard Change • May 28Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • May 11Full year 2025 earnings released: EPS: JP¥99.18 (vs JP¥60.94 in FY 2024)Full year 2025 results: EPS: JP¥99.18 (up from JP¥60.94 in FY 2024). Revenue: JP¥10.3b (up 2.0% from FY 2024). Net income: JP¥402.0m (up 63% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year.Board Change • May 01Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 85%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).Board Change • Mar 06Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 02Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Nov 09New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥2.14b market cap, or US$14.0m).Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥11.84 (vs JP¥21.96 in 2Q 2024)Second quarter 2025 results: EPS: JP¥11.84 (down from JP¥21.96 in 2Q 2024). Revenue: JP¥2.56b (up 2.4% from 2Q 2024). Net income: JP¥48.0m (down 46% from 2Q 2024). Profit margin: 1.9% (down from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥2.16b market cap, or US$15.4m).Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥11.84 (vs JP¥15.30 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.84 (down from JP¥15.30 in 1Q 2024). Revenue: JP¥2.61b (up 3.7% from 1Q 2024). Net income: JP¥48.0m (down 23% from 1Q 2024). Profit margin: 1.8% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥480, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 9.7% over the past three years.Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥60.94 (vs JP¥54.77 in FY 2023)Full year 2024 results: EPS: JP¥60.94 (up from JP¥54.77 in FY 2023). Revenue: JP¥10.1b (up 4.6% from FY 2023). Net income: JP¥247.0m (up 11% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). 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 but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Jun 13Nittoh Corporation, Annual General Meeting, Jun 15, 2024Nittoh Corporation, Annual General Meeting, Jun 15, 2024, at 10:00 Tokyo Standard Time. Location: 3-15-33, sakae, naka-ku, sakae gas building 5th floor, nagoya JapanReported Earnings • May 15Full year 2024 earnings released: EPS: JP¥60.94 (vs JP¥54.77 in FY 2023)Full year 2024 results: EPS: JP¥60.94 (up from JP¥54.77 in FY 2023). Revenue: JP¥10.1b (up 4.6% from FY 2023). Net income: JP¥247.0m (up 11% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). 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 but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Board Change • May 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 1738 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 1738 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Nittoh 배당 수익률 vs 시장1738의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (1738)3.0%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.9%업계 평균 (Consumer Durables)1.7%분석가 예측 (1738) (최대 3년)n/a주목할만한 배당금: 1738 의 배당금( 3% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.79% )보다 높습니다.고배당: 1738 의 배당금( 3% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.88% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 17.1% )이 낮기 때문에 1738 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 14.6% )이 낮기 때문에 1738 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 01:07종가2026/06/16 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Nittoh Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 85%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Board Change • May 20Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • May 09Full year 2026 earnings released: EPS: JP¥81.42 (vs JP¥99.18 in FY 2025)Full year 2026 results: EPS: JP¥81.42 (down from JP¥99.18 in FY 2025). Revenue: JP¥11.1b (up 7.4% from FY 2025). Net income: JP¥330.0m (down 18% from FY 2025). Profit margin: 3.0% (down from 3.9% in FY 2025). The decrease in margin was driven by higher expenses. 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 7% per year, which means it is significantly lagging earnings growth.
Board Change • May 01Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Board Change • Feb 25Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥33.31 (vs JP¥20.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.31 (up from JP¥20.48 in 3Q 2025). Revenue: JP¥3.17b (up 17% from 3Q 2025). Net income: JP¥135.0m (up 63% from 3Q 2025). Profit margin: 4.3% (up from 3.1% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 05Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 25Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥99.18 (vs JP¥60.94 in FY 2024)Full year 2025 results: EPS: JP¥99.18 (up from JP¥60.94 in FY 2024). Revenue: JP¥10.3b (up 2.0% from FY 2024). Net income: JP¥402.0m (up 63% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
공시 • Jun 04Nittoh Corporation, Annual General Meeting, Jun 21, 2025Nittoh Corporation, Annual General Meeting, Jun 21, 2025, at 10:00 Tokyo Standard Time. Location: 3-15-33 sakae, naka-ku, nagoya sakae gas building 5th floor king room, nagoya Japan
Board Change • May 28Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • May 11Full year 2025 earnings released: EPS: JP¥99.18 (vs JP¥60.94 in FY 2024)Full year 2025 results: EPS: JP¥99.18 (up from JP¥60.94 in FY 2024). Revenue: JP¥10.3b (up 2.0% from FY 2024). Net income: JP¥402.0m (up 63% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year.
Board Change • May 01Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 85%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Board Change • Mar 06Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 02Less 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Nov 09New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥2.14b market cap, or US$14.0m).
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥11.84 (vs JP¥21.96 in 2Q 2024)Second quarter 2025 results: EPS: JP¥11.84 (down from JP¥21.96 in 2Q 2024). Revenue: JP¥2.56b (up 2.4% from 2Q 2024). Net income: JP¥48.0m (down 46% from 2Q 2024). Profit margin: 1.9% (down from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥2.16b market cap, or US$15.4m).
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥11.84 (vs JP¥15.30 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.84 (down from JP¥15.30 in 1Q 2024). Revenue: JP¥2.61b (up 3.7% from 1Q 2024). Net income: JP¥48.0m (down 23% from 1Q 2024). Profit margin: 1.8% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥480, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 9.7% over the past three years.
Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥60.94 (vs JP¥54.77 in FY 2023)Full year 2024 results: EPS: JP¥60.94 (up from JP¥54.77 in FY 2023). Revenue: JP¥10.1b (up 4.6% from FY 2023). Net income: JP¥247.0m (up 11% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). 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 but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Jun 13Nittoh Corporation, Annual General Meeting, Jun 15, 2024Nittoh Corporation, Annual General Meeting, Jun 15, 2024, at 10:00 Tokyo Standard Time. Location: 3-15-33, sakae, naka-ku, sakae gas building 5th floor, nagoya Japan
Reported Earnings • May 15Full year 2024 earnings released: EPS: JP¥60.94 (vs JP¥54.77 in FY 2023)Full year 2024 results: EPS: JP¥60.94 (up from JP¥54.77 in FY 2023). Revenue: JP¥10.1b (up 4.6% from FY 2023). Net income: JP¥247.0m (up 11% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). 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 but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Board Change • May 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Nobuya Yazaki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.