Nihon Seikan k.k (5905) 주식 개요니혼 세이칸은 자회사와 함께 일본에서 금속 캔을 제조 및 판매하는 회사입니다. 자세히 보기5905 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6위험 분석지난 5년간 매년 수익이 42% 감소했습니다.의미 있는 시가총액이 없습니다(¥2B)모든 위험 점검 보기5905 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW489,735 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG489,735 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.32k79.8% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-346m12b2016201920222025202620282031Revenue JP¥12.2bEarnings JP¥738.4mAdvancedSet Fair ValueView all narrativesNihon Seikan k.k. 경쟁사ChugokukogyoLtdSymbol: TSE:5974Market cap: JP¥2.8bSun A.Kaken CompanyLimitedSymbol: TSE:4234Market cap: JP¥6.6bTakemoto YohkiSymbol: TSE:4248Market cap: JP¥10.4bIshizuka GlassSymbol: TSE:5204Market cap: JP¥12.3b가격 이력 및 성과Nihon Seikan k.k 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥1,315.0052주 최고가JP¥1,424.0052주 최저가JP¥1,170.00베타-0.0261개월 변동-1.57%3개월 변동2.33%1년 변동-6.00%3년 변동-15.54%5년 변동16.06%IPO 이후 변동-79.77%최근 뉴스 및 업데이트공고 • Jul 01Nihon Seikan k.k. to Report Q1, 2027 Results on Jul 31, 2026Nihon Seikan k.k. announced that they will report Q1, 2027 results on Jul 31, 2026Reported Earnings • May 06Full year 2026 earnings released: JP¥257 loss per share (vs JP¥250 loss in FY 2025)Full year 2026 results: JP¥257 loss per share (further deteriorated from JP¥250 loss in FY 2025). Revenue: JP¥11.4b (up 1.6% from FY 2025). Net loss: JP¥346.0m (loss widened 3.3% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026.공고 • Apr 21Nihon Seikan k.k. to Report Fiscal Year 2026 Results on Apr 30, 2026Nihon Seikan k.k. announced that they will report fiscal year 2026 results on Apr 30, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).Reported Earnings • Jan 31Third quarter 2026 earnings released: JP¥42.89 loss per share (vs JP¥570 loss in 3Q 2025)Third quarter 2026 results: JP¥42.89 loss per share (improved from JP¥570 loss in 3Q 2025). Revenue: JP¥3.01b (up 7.8% from 3Q 2025). Net loss: JP¥58.0m (loss narrowed 92% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.더 많은 업데이트 보기Recent updates공고 • Jul 01Nihon Seikan k.k. to Report Q1, 2027 Results on Jul 31, 2026Nihon Seikan k.k. announced that they will report Q1, 2027 results on Jul 31, 2026Reported Earnings • May 06Full year 2026 earnings released: JP¥257 loss per share (vs JP¥250 loss in FY 2025)Full year 2026 results: JP¥257 loss per share (further deteriorated from JP¥250 loss in FY 2025). Revenue: JP¥11.4b (up 1.6% from FY 2025). Net loss: JP¥346.0m (loss widened 3.3% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026.공고 • Apr 21Nihon Seikan k.k. to Report Fiscal Year 2026 Results on Apr 30, 2026Nihon Seikan k.k. announced that they will report fiscal year 2026 results on Apr 30, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).Reported Earnings • Jan 31Third quarter 2026 earnings released: JP¥42.89 loss per share (vs JP¥570 loss in 3Q 2025)Third quarter 2026 results: JP¥42.89 loss per share (improved from JP¥570 loss in 3Q 2025). Revenue: JP¥3.01b (up 7.8% from 3Q 2025). Net loss: JP¥58.0m (loss narrowed 92% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공고 • Dec 18Nihon Seikan k.k. to Report Q3, 2026 Results on Jan 30, 2026Nihon Seikan k.k. announced that they will report Q3, 2026 results on Jan 30, 2026New Risk • Nov 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥1.70b market cap, or US$11.0m).Board Change • Nov 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. External Corporate Auditor Toshiyuki Sekine is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥24.42 (vs JP¥86.44 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.42 (up from JP¥86.44 loss in 2Q 2025). Revenue: JP¥2.96b (up 13% from 2Q 2025). Net income: JP¥33.0m (up JP¥149.0m from 2Q 2025). Profit margin: 1.1% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.공고 • Sep 01Nihon Seikan k.k. to Report Q2, 2026 Results on Oct 31, 2025Nihon Seikan k.k. announced that they will report Q2, 2026 results on Oct 31, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: JP¥39.62 loss per share (vs JP¥38.56 profit in 1Q 2025)First quarter 2026 results: JP¥39.62 loss per share (down from JP¥38.56 profit in 1Q 2025). Revenue: JP¥2.84b (down 16% from 1Q 2025). Net loss: JP¥53.0m (down 202% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.공고 • Jun 27Nihon Seikan k.k. to Report Q1, 2026 Results on Jul 31, 2025Nihon Seikan k.k. announced that they will report Q1, 2026 results on Jul 31, 2025New Risk • May 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥1.88b market cap, or US$13.1m).Reported Earnings • May 01Full year 2025 earnings released: JP¥250 loss per share (vs JP¥200 profit in FY 2024)Full year 2025 results: JP¥250 loss per share (down from JP¥200 profit in FY 2024). Revenue: JP¥11.3b (down 8.1% from FY 2024). Net loss: JP¥335.0m (down 224% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).Reported Earnings • Feb 01Third quarter 2025 earnings released: JP¥570 loss per share (vs JP¥68.37 profit in 3Q 2024)Third quarter 2025 results: JP¥570 loss per share (down from JP¥68.37 profit in 3Q 2024). Revenue: JP¥2.79b (down 13% from 3Q 2024). Net loss: JP¥763.0m (down JP¥856.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공고 • Jan 03Nihon Seikan k.k. to Report Q3, 2025 Results on Jan 31, 2025Nihon Seikan k.k. announced that they will report Q3, 2025 results on Jan 31, 2025Reported Earnings • Nov 08Second quarter 2025 earnings released: JP¥86.44 loss per share (vs JP¥27.91 profit in 2Q 2024)Second quarter 2025 results: JP¥86.44 loss per share (down from JP¥27.91 profit in 2Q 2024). Revenue: JP¥2.61b (down 9.8% from 2Q 2024). Net loss: JP¥116.0m (down 405% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.분석 기사 • Nov 07Earnings Working Against Nihon Seikan k.k.'s (TSE:5905) Share PriceNihon Seikan k.k.'s ( TSE:5905 ) price-to-earnings (or "P/E") ratio of 8.7x might make it look like a buy right now...New Risk • Nov 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 5.8% 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: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥1.87b market cap, or US$12.2m).공고 • Sep 18Nihon Seikan k.k. to Report Q2, 2025 Results on Nov 05, 2024Nihon Seikan k.k. announced that they will report Q2, 2025 results on Nov 05, 2024New 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 Risk Market cap is less than US$100m (JP¥2.36b market cap, or US$16.8m).Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥38.56 (vs JP¥79.02 in 1Q 2024)First quarter 2025 results: EPS: JP¥38.56 (down from JP¥79.02 in 1Q 2024). Revenue: JP¥3.36b (up 8.3% from 1Q 2024). Net income: JP¥52.0m (down 51% from 1Q 2024). Profit margin: 1.5% (down from 3.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공고 • Jul 11Nihon Seikan k.k. to Report Q1, 2025 Results on Aug 01, 2024Nihon Seikan k.k. announced that they will report Q1, 2025 results on Aug 01, 2024Buy Or Sell Opportunity • Jun 06Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥1,662. The fair value is estimated to be JP¥1,383, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 2.6%.분석 기사 • May 07Nihon Seikan k.k's (TSE:5905) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsLast week's earnings announcement from Nihon Seikan k.k. ( TSE:5905 ) was disappointing to investors, with a sluggish...Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥200 (vs JP¥213 in FY 2023)Full year 2024 results: EPS: JP¥200 (down from JP¥213 in FY 2023). Revenue: JP¥12.2b (up 12% from FY 2023). Net income: JP¥271.0m (down 6.2% from FY 2023). Profit margin: 2.2% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.분석 기사 • May 01Nihon Seikan k.k (TSE:5905) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공고 • Mar 30Nihon Seikan k.k. to Report Fiscal Year 2024 Results on Apr 30, 2024Nihon Seikan k.k. announced that they will report fiscal year 2024 results on Apr 30, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 29% and the cash payout ratio is 87%. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%).New Risk • Feb 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m). Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥68.37 (vs JP¥99.04 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.37 (down from JP¥99.04 in 3Q 2023). Revenue: JP¥3.22b (up 16% from 3Q 2023). Net income: JP¥93.0m (down 31% from 3Q 2023). Profit margin: 2.9% (down from 4.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.공고 • Jan 06Nihon Seikan k.k. to Report Q3, 2024 Results on Jan 31, 2024Nihon Seikan k.k. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥27.90 (vs JP¥21.26 in 2Q 2023)Second quarter 2024 results: EPS: JP¥27.90 (up from JP¥21.26 in 2Q 2023). Revenue: JP¥2.90b (up 10% from 2Q 2023). Net income: JP¥38.0m (up 31% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.공고 • Sep 21Nihon Seikan k.k. to Report Q2, 2024 Results on Oct 31, 2023Nihon Seikan k.k. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥79.02 (vs JP¥22.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥79.02 (up from JP¥22.94 in 1Q 2023). Revenue: JP¥3.10b (up 15% from 1Q 2023). Net income: JP¥107.0m (up 245% from 1Q 2023). Profit margin: 3.5% (up from 1.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year.공고 • Jun 28Nihon Seikan k.k. to Report Q1, 2024 Results on Jul 31, 2023Nihon Seikan k.k. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 03Full year 2023 earnings released: EPS: JP¥213 (vs JP¥174 in FY 2022)Full year 2023 results: EPS: JP¥213 (up from JP¥174 in FY 2022). Revenue: JP¥10.9b (up 4.3% from FY 2022). Net income: JP¥289.0m (up 23% from FY 2022). Profit margin: 2.6% (up from 2.3% in FY 2022). 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 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,550, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Packaging industry in Japan. Total returns to shareholders of 104% over the past three years.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥99.04 (vs JP¥58.98 in 3Q 2022)Third quarter 2023 results: EPS: JP¥99.04 (up from JP¥58.98 in 3Q 2022). Revenue: JP¥2.78b (up 1.5% from 3Q 2022). Net income: JP¥135.0m (up 69% from 3Q 2022). Profit margin: 4.9% (up from 2.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공고 • Nov 30Nihon Seikan k.k. to Report Q3, 2023 Results on Jan 31, 2023Nihon Seikan k.k. announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Sayoko Miyairi 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. Lack of board continuity.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥21.26 (vs JP¥21.35 in 2Q 2022)Second quarter 2023 results: EPS: JP¥21.26 (down from JP¥21.35 in 2Q 2022). Revenue: JP¥2.63b (up 7.2% from 2Q 2022). Net income: JP¥29.0m (flat on 2Q 2022). Profit margin: 1.1% (down from 1.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공고 • Nov 02Nihon Seikan k.k. (TSE:5905) announces an Equity Buyback for 12,000 shares, representing 0.88% for ¥16 million.Nihon Seikan k.k. (TSE:5905) announces a share repurchase program. Under the program, the company will repurchase 12,000 shares, representing 0.88% of its share capital, for ¥16 million. The company will repurchase its shares in order to improve capital efficiency, prepare for a flexible capital policy, and enable the implementation of a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of September 30, 2022, the company had 1,366,065 shares outstanding (excluding treasury shares) and 25,935 shares in treasury.공고 • Sep 01Nihon Seikan k.k. to Report Q2, 2023 Results on Oct 31, 2022Nihon Seikan k.k. announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Aug 02First quarter 2023 earnings released: EPS: JP¥22.94 (vs JP¥69.39 in 1Q 2022)First quarter 2023 results: EPS: JP¥22.94 (down from JP¥69.39 in 1Q 2022). Revenue: JP¥2.70b (down 1.5% from 1Q 2022). Net income: JP¥31.0m (down 67% from 1Q 2022). Profit margin: 1.2% (down from 3.4% in 1Q 2022). 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 5% per year, which means it is significantly lagging earnings growth.공고 • Jul 06Nihon Seikan k.k. to Report Q1, 2023 Results on Aug 01, 2022Nihon Seikan k.k. announced that they will report Q1, 2023 results on Aug 01, 2022공고 • May 04Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022.Reported Earnings • May 04Full year 2022 earnings released: EPS: JP¥174 (vs JP¥219 in FY 2021)Full year 2022 results: EPS: JP¥174 (down from JP¥219 in FY 2021). Revenue: JP¥10.5b (down 4.7% from FY 2021). Net income: JP¥236.0m (down 21% from FY 2021). Profit margin: 2.3% (down from 2.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 12 non-independent directors. Executive Chairman Keitaro Baba was the last 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: Lack of independent directors. Lack of board continuity.공고 • Apr 08Nihon Seikan k.k. to Report Fiscal Year 2022 Results on May 02, 2022Nihon Seikan k.k. announced that they will report fiscal year 2022 results on May 02, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.2%).Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥58.98 (down from JP¥112 in 3Q 2021). Revenue: JP¥2.74b (up 2.3% from 3Q 2021). Net income: JP¥80.0m (down 47% from 3Q 2021). Profit margin: 2.9% (down from 5.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥21.35 (vs JP¥11.78 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.45b (flat on 2Q 2021). Net income: JP¥29.0m (up 81% from 2Q 2021). Profit margin: 1.2% (up from 0.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥69.39 (vs JP¥1.48 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.74b (up 12% from 1Q 2021). Net income: JP¥94.0m (up JP¥96.0m from 1Q 2021). Profit margin: 3.4% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥219 (vs JP¥46.56 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.0b (up 8.3% from FY 2020). Net income: JP¥297.0m (up 371% from FY 2020). Profit margin: 2.7% (up from 0.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%).Is New 90 Day High Low • Feb 08New 90-day high: JP¥1,465The company is up 44% from its price of JP¥1,019 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 3.0% over the same period.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥112 (vs JP¥42.12 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.68b (down 1.2% from 3Q 2020). Net income: JP¥152.0m (up 167% from 3Q 2020). Profit margin: 5.7% (up from 2.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공고 • Dec 25Nihon Seikan k.k. to Report Q3, 2021 Results on Feb 01, 2021Nihon Seikan k.k. announced that they will report Q3, 2021 results on Feb 01, 2021Is New 90 Day High Low • Dec 18New 90-day high: JP¥1,420The company is up 37% from its price of JP¥1,040 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 1.0% over the same period.Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥1,420, the stock is trading at a trailing P/E ratio of 25.6x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 14x in the Packaging industry in Japan. Total returns to shareholders over the past three years are 26%.Is New 90 Day High Low • Dec 03New 90-day high: JP¥1,085The company is up 12% from its price of JP¥969 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is flat over the same period.공고 • Aug 30Nihon Seikan k.k. to Report Q2, 2021 Results on Oct 30, 2020Nihon Seikan k.k. announced that they will report Q2, 2021 results on Oct 30, 2020공고 • Jun 29Nihon Seikan k.k. to Report Q1, 2021 Results on Jul 31, 2020Nihon Seikan k.k. announced that they will report Q1, 2021 results on Jul 31, 2020주주 수익률5905JP PackagingJP 시장7D-0.8%0.7%-3.5%1Y-6.0%27.6%37.4%전체 주주 수익률 보기수익률 대 산업: 5905은 지난 1년 동안 27.6%의 수익을 기록한 JP Packaging 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 5905은 지난 1년 동안 37.4%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5905's price volatile compared to industry and market?5905 volatility5905 Average Weekly Movement2.7%Packaging Industry Average Movement3.6%Market Average Movement4.3%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.1%안정적인 주가: 5905는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5905의 주간 변동성(3%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1925189Fumitaka Nishiowww.nihonseikan.co.jp니혼 세이칸은 자회사와 함께 일본에서 금속 캔을 제조 및 판매하고 있습니다. 이 회사는 접착식, 용접식, 원형 및 기타 캔을 제공합니다. 또한 부동산 임대 사업에도 종사하고 있습니다.더 보기Nihon Seikan k.k. 기초 지표 요약Nihon Seikan k.k의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5905 기초 통계시가총액JP¥1.78b순이익 (TTM)-JP¥346.00m매출 (TTM)JP¥11.44b0.2x주가매출비율(P/S)-5.1x주가수익비율(P/E)5905는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5905 손익계산서 (TTM)매출JP¥11.44b매출원가JP¥10.35b총이익JP¥1.09b기타 비용JP¥1.44b순이익-JP¥346.00m최근 보고된 실적Mar 31, 2026다음 실적 발표일Jul 31, 2026주당순이익(EPS)-255.66총이익률9.55%순이익률-3.02%부채/자본 비율50.6%5905의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.5%현재 배당 수익률-8%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/18 19:43종가2026/07/17 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 소스Nihon Seikan k.k.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공고 • Jul 01Nihon Seikan k.k. to Report Q1, 2027 Results on Jul 31, 2026Nihon Seikan k.k. announced that they will report Q1, 2027 results on Jul 31, 2026
Reported Earnings • May 06Full year 2026 earnings released: JP¥257 loss per share (vs JP¥250 loss in FY 2025)Full year 2026 results: JP¥257 loss per share (further deteriorated from JP¥250 loss in FY 2025). Revenue: JP¥11.4b (up 1.6% from FY 2025). Net loss: JP¥346.0m (loss widened 3.3% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026.
공고 • Apr 21Nihon Seikan k.k. to Report Fiscal Year 2026 Results on Apr 30, 2026Nihon Seikan k.k. announced that they will report fiscal year 2026 results on Apr 30, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
Reported Earnings • Jan 31Third quarter 2026 earnings released: JP¥42.89 loss per share (vs JP¥570 loss in 3Q 2025)Third quarter 2026 results: JP¥42.89 loss per share (improved from JP¥570 loss in 3Q 2025). Revenue: JP¥3.01b (up 7.8% from 3Q 2025). Net loss: JP¥58.0m (loss narrowed 92% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공고 • Jul 01Nihon Seikan k.k. to Report Q1, 2027 Results on Jul 31, 2026Nihon Seikan k.k. announced that they will report Q1, 2027 results on Jul 31, 2026
Reported Earnings • May 06Full year 2026 earnings released: JP¥257 loss per share (vs JP¥250 loss in FY 2025)Full year 2026 results: JP¥257 loss per share (further deteriorated from JP¥250 loss in FY 2025). Revenue: JP¥11.4b (up 1.6% from FY 2025). Net loss: JP¥346.0m (loss widened 3.3% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026.
공고 • Apr 21Nihon Seikan k.k. to Report Fiscal Year 2026 Results on Apr 30, 2026Nihon Seikan k.k. announced that they will report fiscal year 2026 results on Apr 30, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
Reported Earnings • Jan 31Third quarter 2026 earnings released: JP¥42.89 loss per share (vs JP¥570 loss in 3Q 2025)Third quarter 2026 results: JP¥42.89 loss per share (improved from JP¥570 loss in 3Q 2025). Revenue: JP¥3.01b (up 7.8% from 3Q 2025). Net loss: JP¥58.0m (loss narrowed 92% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공고 • Dec 18Nihon Seikan k.k. to Report Q3, 2026 Results on Jan 30, 2026Nihon Seikan k.k. announced that they will report Q3, 2026 results on Jan 30, 2026
New Risk • Nov 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥1.70b market cap, or US$11.0m).
Board Change • Nov 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. External Corporate Auditor Toshiyuki Sekine is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥24.42 (vs JP¥86.44 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.42 (up from JP¥86.44 loss in 2Q 2025). Revenue: JP¥2.96b (up 13% from 2Q 2025). Net income: JP¥33.0m (up JP¥149.0m from 2Q 2025). Profit margin: 1.1% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
공고 • Sep 01Nihon Seikan k.k. to Report Q2, 2026 Results on Oct 31, 2025Nihon Seikan k.k. announced that they will report Q2, 2026 results on Oct 31, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: JP¥39.62 loss per share (vs JP¥38.56 profit in 1Q 2025)First quarter 2026 results: JP¥39.62 loss per share (down from JP¥38.56 profit in 1Q 2025). Revenue: JP¥2.84b (down 16% from 1Q 2025). Net loss: JP¥53.0m (down 202% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
공고 • Jun 27Nihon Seikan k.k. to Report Q1, 2026 Results on Jul 31, 2025Nihon Seikan k.k. announced that they will report Q1, 2026 results on Jul 31, 2025
New Risk • May 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥1.88b market cap, or US$13.1m).
Reported Earnings • May 01Full year 2025 earnings released: JP¥250 loss per share (vs JP¥200 profit in FY 2024)Full year 2025 results: JP¥250 loss per share (down from JP¥200 profit in FY 2024). Revenue: JP¥11.3b (down 8.1% from FY 2024). Net loss: JP¥335.0m (down 224% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
공고 • Apr 30Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).
Reported Earnings • Feb 01Third quarter 2025 earnings released: JP¥570 loss per share (vs JP¥68.37 profit in 3Q 2024)Third quarter 2025 results: JP¥570 loss per share (down from JP¥68.37 profit in 3Q 2024). Revenue: JP¥2.79b (down 13% from 3Q 2024). Net loss: JP¥763.0m (down JP¥856.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공고 • Jan 03Nihon Seikan k.k. to Report Q3, 2025 Results on Jan 31, 2025Nihon Seikan k.k. announced that they will report Q3, 2025 results on Jan 31, 2025
Reported Earnings • Nov 08Second quarter 2025 earnings released: JP¥86.44 loss per share (vs JP¥27.91 profit in 2Q 2024)Second quarter 2025 results: JP¥86.44 loss per share (down from JP¥27.91 profit in 2Q 2024). Revenue: JP¥2.61b (down 9.8% from 2Q 2024). Net loss: JP¥116.0m (down 405% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
분석 기사 • Nov 07Earnings Working Against Nihon Seikan k.k.'s (TSE:5905) Share PriceNihon Seikan k.k.'s ( TSE:5905 ) price-to-earnings (or "P/E") ratio of 8.7x might make it look like a buy right now...
New Risk • Nov 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 5.8% 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: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥1.87b market cap, or US$12.2m).
공고 • Sep 18Nihon Seikan k.k. to Report Q2, 2025 Results on Nov 05, 2024Nihon Seikan k.k. announced that they will report Q2, 2025 results on Nov 05, 2024
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 Risk Market cap is less than US$100m (JP¥2.36b market cap, or US$16.8m).
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥38.56 (vs JP¥79.02 in 1Q 2024)First quarter 2025 results: EPS: JP¥38.56 (down from JP¥79.02 in 1Q 2024). Revenue: JP¥3.36b (up 8.3% from 1Q 2024). Net income: JP¥52.0m (down 51% from 1Q 2024). Profit margin: 1.5% (down from 3.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공고 • Jul 11Nihon Seikan k.k. to Report Q1, 2025 Results on Aug 01, 2024Nihon Seikan k.k. announced that they will report Q1, 2025 results on Aug 01, 2024
Buy Or Sell Opportunity • Jun 06Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥1,662. The fair value is estimated to be JP¥1,383, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 2.6%.
분석 기사 • May 07Nihon Seikan k.k's (TSE:5905) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsLast week's earnings announcement from Nihon Seikan k.k. ( TSE:5905 ) was disappointing to investors, with a sluggish...
Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥200 (vs JP¥213 in FY 2023)Full year 2024 results: EPS: JP¥200 (down from JP¥213 in FY 2023). Revenue: JP¥12.2b (up 12% from FY 2023). Net income: JP¥271.0m (down 6.2% from FY 2023). Profit margin: 2.2% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
분석 기사 • May 01Nihon Seikan k.k (TSE:5905) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공고 • Mar 30Nihon Seikan k.k. to Report Fiscal Year 2024 Results on Apr 30, 2024Nihon Seikan k.k. announced that they will report fiscal year 2024 results on Apr 30, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 29% and the cash payout ratio is 87%. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%).
New Risk • Feb 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m). Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥68.37 (vs JP¥99.04 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.37 (down from JP¥99.04 in 3Q 2023). Revenue: JP¥3.22b (up 16% from 3Q 2023). Net income: JP¥93.0m (down 31% from 3Q 2023). Profit margin: 2.9% (down from 4.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
공고 • Jan 06Nihon Seikan k.k. to Report Q3, 2024 Results on Jan 31, 2024Nihon Seikan k.k. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥27.90 (vs JP¥21.26 in 2Q 2023)Second quarter 2024 results: EPS: JP¥27.90 (up from JP¥21.26 in 2Q 2023). Revenue: JP¥2.90b (up 10% from 2Q 2023). Net income: JP¥38.0m (up 31% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
공고 • Sep 21Nihon Seikan k.k. to Report Q2, 2024 Results on Oct 31, 2023Nihon Seikan k.k. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥79.02 (vs JP¥22.94 in 1Q 2023)First quarter 2024 results: EPS: JP¥79.02 (up from JP¥22.94 in 1Q 2023). Revenue: JP¥3.10b (up 15% from 1Q 2023). Net income: JP¥107.0m (up 245% from 1Q 2023). Profit margin: 3.5% (up from 1.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year.
공고 • Jun 28Nihon Seikan k.k. to Report Q1, 2024 Results on Jul 31, 2023Nihon Seikan k.k. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 03Full year 2023 earnings released: EPS: JP¥213 (vs JP¥174 in FY 2022)Full year 2023 results: EPS: JP¥213 (up from JP¥174 in FY 2022). Revenue: JP¥10.9b (up 4.3% from FY 2022). Net income: JP¥289.0m (up 23% from FY 2022). Profit margin: 2.6% (up from 2.3% in FY 2022). 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 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,550, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Packaging industry in Japan. Total returns to shareholders of 104% over the past three years.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥99.04 (vs JP¥58.98 in 3Q 2022)Third quarter 2023 results: EPS: JP¥99.04 (up from JP¥58.98 in 3Q 2022). Revenue: JP¥2.78b (up 1.5% from 3Q 2022). Net income: JP¥135.0m (up 69% from 3Q 2022). Profit margin: 4.9% (up from 2.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공고 • Nov 30Nihon Seikan k.k. to Report Q3, 2023 Results on Jan 31, 2023Nihon Seikan k.k. announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Sayoko Miyairi 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. Lack of board continuity.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥21.26 (vs JP¥21.35 in 2Q 2022)Second quarter 2023 results: EPS: JP¥21.26 (down from JP¥21.35 in 2Q 2022). Revenue: JP¥2.63b (up 7.2% from 2Q 2022). Net income: JP¥29.0m (flat on 2Q 2022). Profit margin: 1.1% (down from 1.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공고 • Nov 02Nihon Seikan k.k. (TSE:5905) announces an Equity Buyback for 12,000 shares, representing 0.88% for ¥16 million.Nihon Seikan k.k. (TSE:5905) announces a share repurchase program. Under the program, the company will repurchase 12,000 shares, representing 0.88% of its share capital, for ¥16 million. The company will repurchase its shares in order to improve capital efficiency, prepare for a flexible capital policy, and enable the implementation of a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of September 30, 2022, the company had 1,366,065 shares outstanding (excluding treasury shares) and 25,935 shares in treasury.
공고 • Sep 01Nihon Seikan k.k. to Report Q2, 2023 Results on Oct 31, 2022Nihon Seikan k.k. announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Aug 02First quarter 2023 earnings released: EPS: JP¥22.94 (vs JP¥69.39 in 1Q 2022)First quarter 2023 results: EPS: JP¥22.94 (down from JP¥69.39 in 1Q 2022). Revenue: JP¥2.70b (down 1.5% from 1Q 2022). Net income: JP¥31.0m (down 67% from 1Q 2022). Profit margin: 1.2% (down from 3.4% in 1Q 2022). 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 5% per year, which means it is significantly lagging earnings growth.
공고 • Jul 06Nihon Seikan k.k. to Report Q1, 2023 Results on Aug 01, 2022Nihon Seikan k.k. announced that they will report Q1, 2023 results on Aug 01, 2022
공고 • May 04Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022.
Reported Earnings • May 04Full year 2022 earnings released: EPS: JP¥174 (vs JP¥219 in FY 2021)Full year 2022 results: EPS: JP¥174 (down from JP¥219 in FY 2021). Revenue: JP¥10.5b (down 4.7% from FY 2021). Net income: JP¥236.0m (down 21% from FY 2021). Profit margin: 2.3% (down from 2.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 12 non-independent directors. Executive Chairman Keitaro Baba was the last 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: Lack of independent directors. Lack of board continuity.
공고 • Apr 08Nihon Seikan k.k. to Report Fiscal Year 2022 Results on May 02, 2022Nihon Seikan k.k. announced that they will report fiscal year 2022 results on May 02, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.2%).
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥58.98 (down from JP¥112 in 3Q 2021). Revenue: JP¥2.74b (up 2.3% from 3Q 2021). Net income: JP¥80.0m (down 47% from 3Q 2021). Profit margin: 2.9% (down from 5.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥21.35 (vs JP¥11.78 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.45b (flat on 2Q 2021). Net income: JP¥29.0m (up 81% from 2Q 2021). Profit margin: 1.2% (up from 0.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥69.39 (vs JP¥1.48 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.74b (up 12% from 1Q 2021). Net income: JP¥94.0m (up JP¥96.0m from 1Q 2021). Profit margin: 3.4% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥219 (vs JP¥46.56 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.0b (up 8.3% from FY 2020). Net income: JP¥297.0m (up 371% from FY 2020). Profit margin: 2.7% (up from 0.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%).
Is New 90 Day High Low • Feb 08New 90-day high: JP¥1,465The company is up 44% from its price of JP¥1,019 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 3.0% over the same period.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥112 (vs JP¥42.12 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.68b (down 1.2% from 3Q 2020). Net income: JP¥152.0m (up 167% from 3Q 2020). Profit margin: 5.7% (up from 2.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공고 • Dec 25Nihon Seikan k.k. to Report Q3, 2021 Results on Feb 01, 2021Nihon Seikan k.k. announced that they will report Q3, 2021 results on Feb 01, 2021
Is New 90 Day High Low • Dec 18New 90-day high: JP¥1,420The company is up 37% from its price of JP¥1,040 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 1.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥1,420, the stock is trading at a trailing P/E ratio of 25.6x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 14x in the Packaging industry in Japan. Total returns to shareholders over the past three years are 26%.
Is New 90 Day High Low • Dec 03New 90-day high: JP¥1,085The company is up 12% from its price of JP¥969 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is flat over the same period.
공고 • Aug 30Nihon Seikan k.k. to Report Q2, 2021 Results on Oct 30, 2020Nihon Seikan k.k. announced that they will report Q2, 2021 results on Oct 30, 2020
공고 • Jun 29Nihon Seikan k.k. to Report Q1, 2021 Results on Jul 31, 2020Nihon Seikan k.k. announced that they will report Q1, 2021 results on Jul 31, 2020
