View ValuationNitta Gelatin 향후 성장Future 기준 점검 1/6Nitta Gelatin 의 수익은 연간 9.5% 감소할 것으로 예상되는 반면, 연간 수익은 7.9% 로 증가할 것으로 예상됩니다. EPS는 연간 9.5% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.6% 로 예상됩니다.핵심 정보-9.5%이익 성장률-9.54%EPS 성장률Chemicals 이익 성장12.9%매출 성장률7.9%향후 자기자본이익률8.60%애널리스트 커버리지Low마지막 업데이트08 Jun 2026최근 향후 성장 업데이트Major Estimate Revision • Dec 12Consensus EPS estimates increase by 50%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥40.0b to JP¥37.8b. EPS estimate rose from JP¥116 to JP¥173. Net income forecast to shrink 39% next year vs 8.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price rose 3.3% to JP¥1,155 over the past week.Major Estimate Revision • Jun 12Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥41.0b to JP¥40.0b. EPS estimate also fell from JP¥138 per share to JP¥116 per share. Net income forecast to shrink 34% next year vs 6.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price was steady at JP¥840 over the past week.Major Estimate Revision • Mar 14Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥39.0b to JP¥39.6b. EPS estimate increased from JP¥93.60 to JP¥132 per share. Net income forecast to grow 51% next year vs 8.3% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥920 to JP¥1,400. Share price rose 7.7% to JP¥825 over the past week.Price Target Changed • Dec 11Price target decreased by 12% to JP¥920Down from JP¥1,050, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥750. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of JP¥93.60 next year compared to a net loss per share of JP¥102 last year.Major Estimate Revision • Mar 15Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥82.70 to JP¥68.90 per share. Revenue forecast steady at JP¥39.4b. Net income forecast to grow 44% next year vs 1.3% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,300 unchanged from last update. Share price fell 5.5% to JP¥784 over the past week.공고 • Feb 14+ 1 more updateNitta Gelatin Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nitta Gelatin Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 39,000 million, operating profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,400 million or JPY 77.21 per basic share.모든 업데이트 보기Recent updates공고 • Jun 03Nitta Gelatin Inc. to Report Q1, 2027 Results on Aug 07, 2026Nitta Gelatin Inc. announced that they will report Q1, 2027 results on Aug 07, 2026Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥181 (up from JP¥174 in FY 2025). Revenue: JP¥38.0b (down 1.8% from FY 2025). Net income: JP¥3.28b (up 3.9% from FY 2025). Profit margin: 8.6% (up from 8.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • May 14Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2026Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2026.공고 • May 09Nitta Gelatin Inc. to Report Fiscal Year 2026 Results on May 14, 2026Nitta Gelatin Inc. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).분석 기사 • Feb 16Nitta Gelatin (TSE:4977) Is Increasing Its Dividend To ¥18.00The board of Nitta Gelatin Inc. ( TSE:4977 ) has announced that it will be paying its dividend of ¥18.00 on the 30th of...Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥31.51 (vs JP¥58.13 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.51 (down from JP¥58.13 in 3Q 2025). Revenue: JP¥9.67b (down 2.4% from 3Q 2025). Net income: JP¥573.0m (down 46% from 3Q 2025). Profit margin: 5.9% (down from 11% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Feb 14Nitta Gelatin Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Nitta Gelatin Inc. provided dividend guidance for the Fiscal year ending March 31, 2026. For the year end, the company expects to pay dividend of JPY 18.00 per share against JPY 16.00 per share a year ago.분석 기사 • Dec 18Nitta Gelatin (TSE:4977) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Major Estimate Revision • Dec 12Consensus EPS estimates increase by 50%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥40.0b to JP¥37.8b. EPS estimate rose from JP¥116 to JP¥173. Net income forecast to shrink 39% next year vs 8.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price rose 3.3% to JP¥1,155 over the past week.Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 56% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.공고 • Nov 29Nitta Gelatin Inc. to Report Q3, 2026 Results on Feb 13, 2026Nitta Gelatin Inc. announced that they will report Q3, 2026 results on Feb 13, 2026분석 기사 • Nov 21Solid Earnings May Not Tell The Whole Story For Nitta Gelatin (TSE:4977)Following the solid earnings report from Nitta Gelatin Inc. ( TSE:4977 ), the market responded by bidding up the stock...Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥87.41 (vs JP¥11.23 in 2Q 2025)Second quarter 2026 results: EPS: JP¥87.41 (up from JP¥11.23 in 2Q 2025). Revenue: JP¥9.36b (flat on 2Q 2025). Net income: JP¥1.59b (up JP¥1.39b from 2Q 2025). Profit margin: 17% (up from 2.2% in 2Q 2025). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 10Investors Aren't Entirely Convinced By Nitta Gelatin Inc.'s (TSE:4977) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Chemicals industry in Japan, you could be...Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).공고 • Sep 02Nitta Gelatin Inc. to Report Q2, 2026 Results on Nov 12, 2025Nitta Gelatin Inc. announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥34.40 (vs JP¥33.92 in 1Q 2025)First quarter 2026 results: EPS: JP¥34.40 (up from JP¥33.92 in 1Q 2025). Revenue: JP¥9.14b (down 12% from 1Q 2025). Net income: JP¥625.0m (up 1.5% from 1Q 2025). Profit margin: 6.8% (up from 5.9% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.Declared Dividend • Jul 09Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 28% over the next 3 years. However, it would need to fall by 79% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Jun 27Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥174 (up from JP¥102 loss in FY 2024). Revenue: JP¥38.7b (down 4.1% from FY 2024). Net income: JP¥3.16b (up JP¥5.01b from FY 2024). Profit margin: 8.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공고 • Jun 25Nitta Gelatin Inc. to Report Q1, 2026 Results on Aug 08, 2025Nitta Gelatin Inc. announced that they will report Q1, 2026 results on Aug 08, 2025New Risk • Jun 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. 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¥14.7b market cap, or US$99.5m).Major Estimate Revision • Jun 12Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥41.0b to JP¥40.0b. EPS estimate also fell from JP¥138 per share to JP¥116 per share. Net income forecast to shrink 34% next year vs 6.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price was steady at JP¥840 over the past week.분석 기사 • May 22Nitta Gelatin's (TSE:4977) Shareholders May Want To Dig Deeper Than Statutory ProfitThe stock price didn't jump after Nitta Gelatin Inc. ( TSE:4977 ) posted decent earnings last week. We did some digging...New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.2% 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 8.2% 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.공고 • May 14Nitta Gelatin Inc., Annual General Meeting, Jun 27, 2025Nitta Gelatin Inc., Annual General Meeting, Jun 27, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥683, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 14% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.6%).Major Estimate Revision • Mar 14Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥39.0b to JP¥39.6b. EPS estimate increased from JP¥93.60 to JP¥132 per share. Net income forecast to grow 51% next year vs 8.3% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥920 to JP¥1,400. Share price rose 7.7% to JP¥825 over the past week.공고 • Mar 07Nitta Gelatin Inc. to Report Fiscal Year 2025 Results on May 14, 2025Nitta Gelatin Inc. announced that they will report fiscal year 2025 results on May 14, 2025Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥58.13 (vs JP¥127 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥58.13 (up from JP¥127 loss in 3Q 2024). Revenue: JP¥9.91b (down 4.2% from 3Q 2024). Net income: JP¥1.06b (up JP¥3.36b from 3Q 2024). Profit margin: 11% (up from net loss in 3Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Price Target Changed • Dec 11Price target decreased by 12% to JP¥920Down from JP¥1,050, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥750. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of JP¥93.60 next year compared to a net loss per share of JP¥102 last year.분석 기사 • Dec 06Nitta Gelatin (TSE:4977) Has Announced A Dividend Of ¥9.00Nitta Gelatin Inc.'s ( TSE:4977 ) investors are due to receive a payment of ¥9.00 per share on 27th of June. The...Declared Dividend • Dec 06First half dividend increased to JP¥9.00Dividend of JP¥9.00 is 13% higher than last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (7% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time.공고 • Dec 03Nitta Gelatin Inc. to Report Q3, 2025 Results on Feb 13, 2025Nitta Gelatin Inc. announced that they will report Q3, 2025 results on Feb 13, 2025Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥11.23 (vs JP¥24.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥11.23 (down from JP¥24.35 in 2Q 2024). Revenue: JP¥9.36b (down 9.2% from 2Q 2024). Net income: JP¥204.0m (down 54% from 2Q 2024). Profit margin: 2.2% (down from 4.3% in 2Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.New Risk • Nov 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$98.6m).Upcoming Dividend • Sep 20Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).New Risk • Sep 07New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change).분석 기사 • Aug 30Nitta Gelatin's (TSE:4977) Dividend Will Be Increased To ¥9.00Nitta Gelatin Inc. ( TSE:4977 ) will increase its dividend from last year's comparable payment on the 5th of December...공고 • Aug 28Nitta Gelatin Inc. to Report Q2, 2025 Results on Nov 12, 2024Nitta Gelatin Inc. announced that they will report Q2, 2025 results on Nov 12, 2024분석 기사 • Aug 16Nitta Gelatin's (TSE:4977) Shareholders Will Receive A Bigger Dividend Than Last YearNitta Gelatin Inc. ( TSE:4977 ) will increase its dividend from last year's comparable payment on the 5th of December...Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥33.92 (vs JP¥13.68 in 1Q 2024)First quarter 2025 results: EPS: JP¥33.92 (up from JP¥13.68 in 1Q 2024). Revenue: JP¥10.4b (up 10% from 1Q 2024). Net income: JP¥616.0m (up 148% from 1Q 2024). Profit margin: 5.9% (up from 2.6% in 1Q 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.분석 기사 • Aug 05Nitta Gelatin Inc.'s (TSE:4977) Price Is Out Of Tune With RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.5x in the Chemicals industry in Japan, you could be...Declared Dividend • Jul 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (12% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time.공고 • Jun 02Nitta Gelatin Inc. to Report Q1, 2025 Results on Aug 09, 2024Nitta Gelatin Inc. announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • May 20Full year 2024 earnings released: JP¥102 loss per share (vs JP¥85.97 profit in FY 2023)Full year 2024 results: JP¥102 loss per share (down from JP¥85.97 profit in FY 2023). Revenue: JP¥40.4b (up 3.1% from FY 2023). Net loss: JP¥1.85b (down 219% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • May 17Nitta Gelatin Inc., Annual General Meeting, Jun 26, 2024Nitta Gelatin Inc., Annual General Meeting, Jun 26, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%).분석 기사 • Mar 11Nitta Gelatin's (TSE:4977) Dividend Will Be ¥8.00The board of Nitta Gelatin Inc. ( TSE:4977 ) has announced that it will pay a dividend of ¥8.00 per share on the 1st of...공고 • Mar 02Nitta Gelatin Inc. to Report Fiscal Year 2024 Results on May 14, 2024Nitta Gelatin Inc. announced that they will report fiscal year 2024 results on May 14, 2024분석 기사 • Feb 26Nitta Gelatin (TSE:4977) Has Announced A Dividend Of ¥8.00Nitta Gelatin Inc.'s ( TSE:4977 ) investors are due to receive a payment of ¥8.00 per share on 1st of July. However...Reported Earnings • Feb 14Third quarter 2024 earnings released: JP¥127 loss per share (vs JP¥0.94 loss in 3Q 2023)Third quarter 2024 results: JP¥127 loss per share (further deteriorated from JP¥0.94 loss in 3Q 2023). Revenue: JP¥10.3b (up 2.4% from 3Q 2023). Net loss: JP¥2.30b (loss widened JP¥2.28b from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.공고 • Nov 27Nitta Gelatin Inc. to Report Q3, 2024 Results on Feb 13, 2024Nitta Gelatin Inc. announced that they will report Q3, 2024 results on Feb 13, 2024Reported Earnings • Nov 15Second quarter 2024 earnings released: EPS: JP¥24.35 (vs JP¥20.20 in 2Q 2023)Second quarter 2024 results: EPS: JP¥24.35 (up from JP¥20.20 in 2Q 2023). Revenue: JP¥10.3b (up 3.8% from 2Q 2023). Net income: JP¥442.0m (up 21% from 2Q 2023). Profit margin: 4.3% (up from 3.7% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥8.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.5%).공고 • Aug 27Nitta Gelatin Inc. to Report Q2, 2024 Results on Nov 13, 2023Nitta Gelatin Inc. announced that they will report Q2, 2024 results on Nov 13, 2023Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥13.68 (vs JP¥30.10 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.68 (down from JP¥30.10 in 1Q 2023). Revenue: JP¥9.40b (up 1.7% from 1Q 2023). Net income: JP¥248.0m (down 55% from 1Q 2023). Profit margin: 2.6% (down from 5.9% in 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.3% 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 4.3% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.4b market cap, or US$94.6m).공고 • Jun 02Nitta Gelatin Inc. to Report Q1, 2024 Results on Aug 10, 2023Nitta Gelatin Inc. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥85.97 (up from JP¥40.12 in FY 2022). Revenue: JP¥39.2b (up 23% from FY 2022). Net income: JP¥1.56b (up 115% from FY 2022). Profit margin: 4.0% (up from 2.3% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥767, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 13% over the past three years.공고 • May 13Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2023Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥9.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%).Major Estimate Revision • Mar 15Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥82.70 to JP¥68.90 per share. Revenue forecast steady at JP¥39.4b. Net income forecast to grow 44% next year vs 1.3% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,300 unchanged from last update. Share price fell 5.5% to JP¥784 over the past week.Reported Earnings • Feb 14Third quarter 2023 earnings released: JP¥0.94 loss per share (vs JP¥13.70 profit in 3Q 2022)Third quarter 2023 results: JP¥0.94 loss per share (down from JP¥13.70 profit in 3Q 2022). Revenue: JP¥10.1b (up 23% from 3Q 2022). Net loss: JP¥17.0m (down 107% from profit in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공고 • Feb 14+ 1 more updateNitta Gelatin Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nitta Gelatin Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 39,000 million, operating profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,400 million or JPY 77.21 per basic share.공고 • Nov 30Nitta Gelatin Inc. to Report Q3, 2023 Results on Feb 13, 2023Nitta Gelatin Inc. announced that they will report Q3, 2023 results on Feb 13, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥20.20 (vs JP¥8.90 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.20 (up from JP¥8.90 in 2Q 2022). Revenue: JP¥9.93b (up 36% from 2Q 2022). Net income: JP¥366.0m (up 127% from 2Q 2022). Profit margin: 3.7% (up from 2.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Hiromasa Suzuki was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Nov 15+ 2 more updatesNitta Gelatin Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nitta Gelatin Inc. provided dividend guidance for the Fiscal year ending March 31, 2023. For the year end, the company expects dividend of JPY 9.00 per share compared to JPY 7.00 per share a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.9%).Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥915, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Chemicals industry in Japan. Total returns to shareholders of 46% over the past three years.Price Target Changed • Sep 07Price target increased to JP¥1,200Up from JP¥680, the current price target is provided by 1 analyst. New target price is 42% above last closing price of JP¥844. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥88.40 for next year compared to JP¥40.12 last year.공고 • Aug 31Nitta Gelatin Inc. to Report Q2, 2023 Results on Nov 14, 2022Nitta Gelatin Inc. announced that they will report Q2, 2023 results on Nov 14, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥30.10 (vs JP¥11.79 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.10 (up from JP¥11.79 in 1Q 2022). Revenue: JP¥9.25b (up 22% from 1Q 2022). Net income: JP¥545.0m (up 156% from 1Q 2022). Profit margin: 5.9% (up from 2.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jun 14Consensus revenue estimates increase by 12%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from JP¥32.4b to JP¥36.2b. EPS estimate increased from JP¥41.40 to JP¥49.70 per share. Net income forecast to grow 24% next year vs 6.1% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥680 unchanged from last update. Share price was steady at JP¥616 over the past week.공고 • Jun 01Nitta Gelatin Inc. to Report Q1, 2023 Results on Aug 09, 2022Nitta Gelatin Inc. announced that they will report Q1, 2023 results on Aug 09, 2022Reported Earnings • May 17Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥40.12 (down from JP¥40.98 in FY 2021). Revenue: JP¥31.8b (up 4.0% from FY 2021). Net income: JP¥726.0m (down 2.2% from FY 2021). Profit margin: 2.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.7% growth forecast for the 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 fallen by 5% per year, which means it is significantly lagging earnings.공고 • May 14+ 3 more updatesNitta Gelatin Inc. Provides Dividend Guidance for the Second Quarter Ending September 2022 and Fiscal Year Ending March 31, 2023Nitta Gelatin Inc. provided dividend guidance for the second quarter ending September 2022 and Fiscal year ending March 31, 2023. for the second quarter-end, The company expects dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago.Fir the year end, The company expects dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Outside Director Yoko Hori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 08Nitta Gelatin Inc. to Report Fiscal Year 2022 Results on May 13, 2022Nitta Gelatin Inc. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).Major Estimate Revision • Mar 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from JP¥29.8b to JP¥30.8b. EPS estimate fell from JP¥49.70 to JP¥38.70 per share. Net income forecast to shrink 3.4% next year vs 2.4% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥680 unchanged from last update. Share price rose 3.8% to JP¥682 over the past week.Reported Earnings • Feb 16Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥13.70 (down from JP¥13.77 in 3Q 2021). Revenue: JP¥8.23b (up 3.8% from 3Q 2021). Net income: JP¥248.0m (flat on 3Q 2021). Profit margin: 3.0% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 2.4%, compared to a 6.4% growth forecast for the 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 fallen by 2% per year, which means it is significantly lagging earnings.공고 • Feb 16+ 1 more updateNitta Gelatin Inc. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 2022Nitta Gelatin Inc. provided dividend guidance for the second quarter and full year of fiscal year ending March 2022. For the second quarter of fiscal year ending March 2022, the company expects to pay a dividend of JPY 7.00 per share compared to JPY 6.00 per share a year ago.For the fiscal year ending March 2022, the company expects to pay a dividend of JPY 7.00 per share compared to JPY 6.00 per share a year ago.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥8.90 (vs JP¥7.68 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥7.28b (down 6.5% from 2Q 2021). Net income: JP¥161.0m (up 16% from 2Q 2021). Profit margin: 2.2% (up from 1.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥11.79 (vs JP¥11.66 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: JP¥7.58b (up 2.3% from 1Q 2021). Net income: JP¥213.0m (flat on 1Q 2021). Profit margin: 2.8% (down from 2.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥40.98 (vs JP¥37.77 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥30.6b (down 12% from FY 2020). Net income: JP¥742.0m (up JP¥1.44b from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).Price Target Changed • Mar 16Price target increased to JP¥750Up from JP¥680, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of JP¥702. Stock is up 43% over the past year.이익 및 매출 성장 예측TSE:4977 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202948,6002,450N/A4,87413/31/202845,8002,400N/A4,53913/31/202743,0002,400N/A2,25713/31/202638,0483,2824,5086,482N/A12/31/202537,2694,070N/AN/AN/A9/30/202537,5094,5533,9435,578N/A6/30/202537,5053,168N/AN/AN/A3/31/202538,7453,1593,7215,183N/A12/31/202440,0091,636N/AN/AN/A9/30/202440,444-1,7204,2475,636N/A6/30/202441,394-1,482N/AN/AN/A3/31/202440,420-1,8502,6424,911N/A12/31/202339,958-946N/AN/AN/A9/30/202339,7181,337-1,228820N/A6/30/202339,3411,261N/AN/AN/A3/31/202339,1861,558-2,699-540N/A12/31/202237,973998N/AN/AN/A9/30/202236,0991,263-1,2511,202N/A6/30/202233,4501,058N/AN/AN/A3/31/202231,783726-2381,044N/A12/31/202130,506764N/AN/AN/A9/30/202130,2087651,2162,355N/A6/30/202130,718743N/AN/AN/A3/31/202130,5507422,2353,509N/A12/31/202031,088639N/AN/AN/A9/30/202031,121-9971,4172,433N/A6/30/202032,696-735N/AN/AN/A3/31/202034,543-6941,0311,969N/A12/31/201935,983-700N/AN/AN/A9/30/201937,081390N/A3,131N/A6/30/201936,6811,203N/AN/AN/A3/31/201936,464989N/A2,232N/A12/31/201836,586-187N/AN/AN/A9/30/201837,164294N/A1,396N/A6/30/201837,580-810N/AN/AN/A3/31/201837,777-615N/A1,419N/A12/31/201737,741560N/AN/AN/A9/30/201737,446632N/A1,626N/A6/30/201736,784752N/AN/AN/A3/31/201736,575693N/A1,910N/A12/31/201636,164734N/AN/AN/A9/30/201636,352735N/A2,156N/A6/30/201636,734599N/AN/AN/A3/31/201636,885477N/A2,385N/A12/31/201535,894393N/AN/AN/A9/30/201534,053385N/A2,061N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 4977 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -9.5%).수익 vs 시장: 4977 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -9.5%).고성장 수익: 4977 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 4977 의 수익(연간 7.9%)이 JP 시장(연간 6.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 4977 의 수익(연간 7.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 4977의 자본 수익률은 3년 후 8.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/17 13:54종가2026/07/17 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Nitta Gelatin Inc.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masatoshi NagataIchiyoshi Research Institute Inc.Toshiro TakahashiTIW
Major Estimate Revision • Dec 12Consensus EPS estimates increase by 50%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥40.0b to JP¥37.8b. EPS estimate rose from JP¥116 to JP¥173. Net income forecast to shrink 39% next year vs 8.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price rose 3.3% to JP¥1,155 over the past week.
Major Estimate Revision • Jun 12Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥41.0b to JP¥40.0b. EPS estimate also fell from JP¥138 per share to JP¥116 per share. Net income forecast to shrink 34% next year vs 6.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price was steady at JP¥840 over the past week.
Major Estimate Revision • Mar 14Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥39.0b to JP¥39.6b. EPS estimate increased from JP¥93.60 to JP¥132 per share. Net income forecast to grow 51% next year vs 8.3% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥920 to JP¥1,400. Share price rose 7.7% to JP¥825 over the past week.
Price Target Changed • Dec 11Price target decreased by 12% to JP¥920Down from JP¥1,050, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥750. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of JP¥93.60 next year compared to a net loss per share of JP¥102 last year.
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥82.70 to JP¥68.90 per share. Revenue forecast steady at JP¥39.4b. Net income forecast to grow 44% next year vs 1.3% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,300 unchanged from last update. Share price fell 5.5% to JP¥784 over the past week.
공고 • Feb 14+ 1 more updateNitta Gelatin Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nitta Gelatin Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 39,000 million, operating profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,400 million or JPY 77.21 per basic share.
공고 • Jun 03Nitta Gelatin Inc. to Report Q1, 2027 Results on Aug 07, 2026Nitta Gelatin Inc. announced that they will report Q1, 2027 results on Aug 07, 2026
Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥181 (up from JP¥174 in FY 2025). Revenue: JP¥38.0b (down 1.8% from FY 2025). Net income: JP¥3.28b (up 3.9% from FY 2025). Profit margin: 8.6% (up from 8.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • May 14Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2026Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2026.
공고 • May 09Nitta Gelatin Inc. to Report Fiscal Year 2026 Results on May 14, 2026Nitta Gelatin Inc. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
분석 기사 • Feb 16Nitta Gelatin (TSE:4977) Is Increasing Its Dividend To ¥18.00The board of Nitta Gelatin Inc. ( TSE:4977 ) has announced that it will be paying its dividend of ¥18.00 on the 30th of...
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥31.51 (vs JP¥58.13 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.51 (down from JP¥58.13 in 3Q 2025). Revenue: JP¥9.67b (down 2.4% from 3Q 2025). Net income: JP¥573.0m (down 46% from 3Q 2025). Profit margin: 5.9% (down from 11% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Feb 14Nitta Gelatin Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Nitta Gelatin Inc. provided dividend guidance for the Fiscal year ending March 31, 2026. For the year end, the company expects to pay dividend of JPY 18.00 per share against JPY 16.00 per share a year ago.
분석 기사 • Dec 18Nitta Gelatin (TSE:4977) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Major Estimate Revision • Dec 12Consensus EPS estimates increase by 50%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥40.0b to JP¥37.8b. EPS estimate rose from JP¥116 to JP¥173. Net income forecast to shrink 39% next year vs 8.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price rose 3.3% to JP¥1,155 over the past week.
Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 56% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.
공고 • Nov 29Nitta Gelatin Inc. to Report Q3, 2026 Results on Feb 13, 2026Nitta Gelatin Inc. announced that they will report Q3, 2026 results on Feb 13, 2026
분석 기사 • Nov 21Solid Earnings May Not Tell The Whole Story For Nitta Gelatin (TSE:4977)Following the solid earnings report from Nitta Gelatin Inc. ( TSE:4977 ), the market responded by bidding up the stock...
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥87.41 (vs JP¥11.23 in 2Q 2025)Second quarter 2026 results: EPS: JP¥87.41 (up from JP¥11.23 in 2Q 2025). Revenue: JP¥9.36b (flat on 2Q 2025). Net income: JP¥1.59b (up JP¥1.39b from 2Q 2025). Profit margin: 17% (up from 2.2% in 2Q 2025). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 10Investors Aren't Entirely Convinced By Nitta Gelatin Inc.'s (TSE:4977) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Chemicals industry in Japan, you could be...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
공고 • Sep 02Nitta Gelatin Inc. to Report Q2, 2026 Results on Nov 12, 2025Nitta Gelatin Inc. announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥34.40 (vs JP¥33.92 in 1Q 2025)First quarter 2026 results: EPS: JP¥34.40 (up from JP¥33.92 in 1Q 2025). Revenue: JP¥9.14b (down 12% from 1Q 2025). Net income: JP¥625.0m (up 1.5% from 1Q 2025). Profit margin: 6.8% (up from 5.9% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
Declared Dividend • Jul 09Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 28% over the next 3 years. However, it would need to fall by 79% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Jun 27Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥174 (up from JP¥102 loss in FY 2024). Revenue: JP¥38.7b (down 4.1% from FY 2024). Net income: JP¥3.16b (up JP¥5.01b from FY 2024). Profit margin: 8.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공고 • Jun 25Nitta Gelatin Inc. to Report Q1, 2026 Results on Aug 08, 2025Nitta Gelatin Inc. announced that they will report Q1, 2026 results on Aug 08, 2025
New Risk • Jun 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. 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¥14.7b market cap, or US$99.5m).
Major Estimate Revision • Jun 12Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥41.0b to JP¥40.0b. EPS estimate also fell from JP¥138 per share to JP¥116 per share. Net income forecast to shrink 34% next year vs 6.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,400 unchanged from last update. Share price was steady at JP¥840 over the past week.
분석 기사 • May 22Nitta Gelatin's (TSE:4977) Shareholders May Want To Dig Deeper Than Statutory ProfitThe stock price didn't jump after Nitta Gelatin Inc. ( TSE:4977 ) posted decent earnings last week. We did some digging...
New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.2% 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 8.2% 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.
공고 • May 14Nitta Gelatin Inc., Annual General Meeting, Jun 27, 2025Nitta Gelatin Inc., Annual General Meeting, Jun 27, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥683, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 14% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.6%).
Major Estimate Revision • Mar 14Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥39.0b to JP¥39.6b. EPS estimate increased from JP¥93.60 to JP¥132 per share. Net income forecast to grow 51% next year vs 8.3% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥920 to JP¥1,400. Share price rose 7.7% to JP¥825 over the past week.
공고 • Mar 07Nitta Gelatin Inc. to Report Fiscal Year 2025 Results on May 14, 2025Nitta Gelatin Inc. announced that they will report fiscal year 2025 results on May 14, 2025
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥58.13 (vs JP¥127 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥58.13 (up from JP¥127 loss in 3Q 2024). Revenue: JP¥9.91b (down 4.2% from 3Q 2024). Net income: JP¥1.06b (up JP¥3.36b from 3Q 2024). Profit margin: 11% (up from net loss in 3Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Price Target Changed • Dec 11Price target decreased by 12% to JP¥920Down from JP¥1,050, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥750. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of JP¥93.60 next year compared to a net loss per share of JP¥102 last year.
분석 기사 • Dec 06Nitta Gelatin (TSE:4977) Has Announced A Dividend Of ¥9.00Nitta Gelatin Inc.'s ( TSE:4977 ) investors are due to receive a payment of ¥9.00 per share on 27th of June. The...
Declared Dividend • Dec 06First half dividend increased to JP¥9.00Dividend of JP¥9.00 is 13% higher than last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (7% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time.
공고 • Dec 03Nitta Gelatin Inc. to Report Q3, 2025 Results on Feb 13, 2025Nitta Gelatin Inc. announced that they will report Q3, 2025 results on Feb 13, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥11.23 (vs JP¥24.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥11.23 (down from JP¥24.35 in 2Q 2024). Revenue: JP¥9.36b (down 9.2% from 2Q 2024). Net income: JP¥204.0m (down 54% from 2Q 2024). Profit margin: 2.2% (down from 4.3% in 2Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
New Risk • Nov 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$98.6m).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).
New Risk • Sep 07New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change).
분석 기사 • Aug 30Nitta Gelatin's (TSE:4977) Dividend Will Be Increased To ¥9.00Nitta Gelatin Inc. ( TSE:4977 ) will increase its dividend from last year's comparable payment on the 5th of December...
공고 • Aug 28Nitta Gelatin Inc. to Report Q2, 2025 Results on Nov 12, 2024Nitta Gelatin Inc. announced that they will report Q2, 2025 results on Nov 12, 2024
분석 기사 • Aug 16Nitta Gelatin's (TSE:4977) Shareholders Will Receive A Bigger Dividend Than Last YearNitta Gelatin Inc. ( TSE:4977 ) will increase its dividend from last year's comparable payment on the 5th of December...
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥33.92 (vs JP¥13.68 in 1Q 2024)First quarter 2025 results: EPS: JP¥33.92 (up from JP¥13.68 in 1Q 2024). Revenue: JP¥10.4b (up 10% from 1Q 2024). Net income: JP¥616.0m (up 148% from 1Q 2024). Profit margin: 5.9% (up from 2.6% in 1Q 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
분석 기사 • Aug 05Nitta Gelatin Inc.'s (TSE:4977) Price Is Out Of Tune With RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.5x in the Chemicals industry in Japan, you could be...
Declared Dividend • Jul 11Final dividend of JP¥9.00 announcedShareholders will receive a dividend of JP¥9.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (12% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time.
공고 • Jun 02Nitta Gelatin Inc. to Report Q1, 2025 Results on Aug 09, 2024Nitta Gelatin Inc. announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • May 20Full year 2024 earnings released: JP¥102 loss per share (vs JP¥85.97 profit in FY 2023)Full year 2024 results: JP¥102 loss per share (down from JP¥85.97 profit in FY 2023). Revenue: JP¥40.4b (up 3.1% from FY 2023). Net loss: JP¥1.85b (down 219% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • May 17Nitta Gelatin Inc., Annual General Meeting, Jun 26, 2024Nitta Gelatin Inc., Annual General Meeting, Jun 26, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%).
분석 기사 • Mar 11Nitta Gelatin's (TSE:4977) Dividend Will Be ¥8.00The board of Nitta Gelatin Inc. ( TSE:4977 ) has announced that it will pay a dividend of ¥8.00 per share on the 1st of...
공고 • Mar 02Nitta Gelatin Inc. to Report Fiscal Year 2024 Results on May 14, 2024Nitta Gelatin Inc. announced that they will report fiscal year 2024 results on May 14, 2024
분석 기사 • Feb 26Nitta Gelatin (TSE:4977) Has Announced A Dividend Of ¥8.00Nitta Gelatin Inc.'s ( TSE:4977 ) investors are due to receive a payment of ¥8.00 per share on 1st of July. However...
Reported Earnings • Feb 14Third quarter 2024 earnings released: JP¥127 loss per share (vs JP¥0.94 loss in 3Q 2023)Third quarter 2024 results: JP¥127 loss per share (further deteriorated from JP¥0.94 loss in 3Q 2023). Revenue: JP¥10.3b (up 2.4% from 3Q 2023). Net loss: JP¥2.30b (loss widened JP¥2.28b from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
공고 • Nov 27Nitta Gelatin Inc. to Report Q3, 2024 Results on Feb 13, 2024Nitta Gelatin Inc. announced that they will report Q3, 2024 results on Feb 13, 2024
Reported Earnings • Nov 15Second quarter 2024 earnings released: EPS: JP¥24.35 (vs JP¥20.20 in 2Q 2023)Second quarter 2024 results: EPS: JP¥24.35 (up from JP¥20.20 in 2Q 2023). Revenue: JP¥10.3b (up 3.8% from 2Q 2023). Net income: JP¥442.0m (up 21% from 2Q 2023). Profit margin: 4.3% (up from 3.7% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥8.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.5%).
공고 • Aug 27Nitta Gelatin Inc. to Report Q2, 2024 Results on Nov 13, 2023Nitta Gelatin Inc. announced that they will report Q2, 2024 results on Nov 13, 2023
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥13.68 (vs JP¥30.10 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.68 (down from JP¥30.10 in 1Q 2023). Revenue: JP¥9.40b (up 1.7% from 1Q 2023). Net income: JP¥248.0m (down 55% from 1Q 2023). Profit margin: 2.6% (down from 5.9% in 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.3% 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 4.3% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.4b market cap, or US$94.6m).
공고 • Jun 02Nitta Gelatin Inc. to Report Q1, 2024 Results on Aug 10, 2023Nitta Gelatin Inc. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥85.97 (up from JP¥40.12 in FY 2022). Revenue: JP¥39.2b (up 23% from FY 2022). Net income: JP¥1.56b (up 115% from FY 2022). Profit margin: 4.0% (up from 2.3% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥767, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 13% over the past three years.
공고 • May 13Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2023Nitta Gelatin Inc., Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥9.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%).
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥82.70 to JP¥68.90 per share. Revenue forecast steady at JP¥39.4b. Net income forecast to grow 44% next year vs 1.3% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,300 unchanged from last update. Share price fell 5.5% to JP¥784 over the past week.
Reported Earnings • Feb 14Third quarter 2023 earnings released: JP¥0.94 loss per share (vs JP¥13.70 profit in 3Q 2022)Third quarter 2023 results: JP¥0.94 loss per share (down from JP¥13.70 profit in 3Q 2022). Revenue: JP¥10.1b (up 23% from 3Q 2022). Net loss: JP¥17.0m (down 107% from profit in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공고 • Feb 14+ 1 more updateNitta Gelatin Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nitta Gelatin Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 39,000 million, operating profit of JPY 2,600 million and profit attributable to owners of parent of JPY 1,400 million or JPY 77.21 per basic share.
공고 • Nov 30Nitta Gelatin Inc. to Report Q3, 2023 Results on Feb 13, 2023Nitta Gelatin Inc. announced that they will report Q3, 2023 results on Feb 13, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥20.20 (vs JP¥8.90 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.20 (up from JP¥8.90 in 2Q 2022). Revenue: JP¥9.93b (up 36% from 2Q 2022). Net income: JP¥366.0m (up 127% from 2Q 2022). Profit margin: 3.7% (up from 2.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Hiromasa Suzuki was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Nov 15+ 2 more updatesNitta Gelatin Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nitta Gelatin Inc. provided dividend guidance for the Fiscal year ending March 31, 2023. For the year end, the company expects dividend of JPY 9.00 per share compared to JPY 7.00 per share a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.9%).
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥915, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Chemicals industry in Japan. Total returns to shareholders of 46% over the past three years.
Price Target Changed • Sep 07Price target increased to JP¥1,200Up from JP¥680, the current price target is provided by 1 analyst. New target price is 42% above last closing price of JP¥844. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥88.40 for next year compared to JP¥40.12 last year.
공고 • Aug 31Nitta Gelatin Inc. to Report Q2, 2023 Results on Nov 14, 2022Nitta Gelatin Inc. announced that they will report Q2, 2023 results on Nov 14, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥30.10 (vs JP¥11.79 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.10 (up from JP¥11.79 in 1Q 2022). Revenue: JP¥9.25b (up 22% from 1Q 2022). Net income: JP¥545.0m (up 156% from 1Q 2022). Profit margin: 5.9% (up from 2.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jun 14Consensus revenue estimates increase by 12%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from JP¥32.4b to JP¥36.2b. EPS estimate increased from JP¥41.40 to JP¥49.70 per share. Net income forecast to grow 24% next year vs 6.1% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥680 unchanged from last update. Share price was steady at JP¥616 over the past week.
공고 • Jun 01Nitta Gelatin Inc. to Report Q1, 2023 Results on Aug 09, 2022Nitta Gelatin Inc. announced that they will report Q1, 2023 results on Aug 09, 2022
Reported Earnings • May 17Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥40.12 (down from JP¥40.98 in FY 2021). Revenue: JP¥31.8b (up 4.0% from FY 2021). Net income: JP¥726.0m (down 2.2% from FY 2021). Profit margin: 2.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.7% growth forecast for the 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 fallen by 5% per year, which means it is significantly lagging earnings.
공고 • May 14+ 3 more updatesNitta Gelatin Inc. Provides Dividend Guidance for the Second Quarter Ending September 2022 and Fiscal Year Ending March 31, 2023Nitta Gelatin Inc. provided dividend guidance for the second quarter ending September 2022 and Fiscal year ending March 31, 2023. for the second quarter-end, The company expects dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago.Fir the year end, The company expects dividend of JPY 7.00 per share compared to JPY 7.00 per share a year ago.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Outside Director Yoko Hori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 08Nitta Gelatin Inc. to Report Fiscal Year 2022 Results on May 13, 2022Nitta Gelatin Inc. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).
Major Estimate Revision • Mar 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from JP¥29.8b to JP¥30.8b. EPS estimate fell from JP¥49.70 to JP¥38.70 per share. Net income forecast to shrink 3.4% next year vs 2.4% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥680 unchanged from last update. Share price rose 3.8% to JP¥682 over the past week.
Reported Earnings • Feb 16Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥13.70 (down from JP¥13.77 in 3Q 2021). Revenue: JP¥8.23b (up 3.8% from 3Q 2021). Net income: JP¥248.0m (flat on 3Q 2021). Profit margin: 3.0% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 2.4%, compared to a 6.4% growth forecast for the 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 fallen by 2% per year, which means it is significantly lagging earnings.
공고 • Feb 16+ 1 more updateNitta Gelatin Inc. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 2022Nitta Gelatin Inc. provided dividend guidance for the second quarter and full year of fiscal year ending March 2022. For the second quarter of fiscal year ending March 2022, the company expects to pay a dividend of JPY 7.00 per share compared to JPY 6.00 per share a year ago.For the fiscal year ending March 2022, the company expects to pay a dividend of JPY 7.00 per share compared to JPY 6.00 per share a year ago.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥8.90 (vs JP¥7.68 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥7.28b (down 6.5% from 2Q 2021). Net income: JP¥161.0m (up 16% from 2Q 2021). Profit margin: 2.2% (up from 1.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥11.79 (vs JP¥11.66 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: JP¥7.58b (up 2.3% from 1Q 2021). Net income: JP¥213.0m (flat on 1Q 2021). Profit margin: 2.8% (down from 2.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥40.98 (vs JP¥37.77 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥30.6b (down 12% from FY 2020). Net income: JP¥742.0m (up JP¥1.44b from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).
Price Target Changed • Mar 16Price target increased to JP¥750Up from JP¥680, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of JP¥702. Stock is up 43% over the past year.