View Future GrowthNippon Avionics 과거 순이익 실적과거 기준 점검 6/6Nippon Avionics은 연평균 15%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 10.4% 증가했습니다. 매출은 연평균 2.3%의 비율로 증가했습니다. Nippon Avionics의 자기자본이익률은 22.3%이고 순이익률은 12%입니다.핵심 정보14.97%순이익 성장률12.14%주당순이익(EPS) 성장률Electronic 산업 성장률13.80%매출 성장률2.26%자기자본이익률22.26%순이익률11.96%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.공지 • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.공지 • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025모든 업데이트 보기Recent updatesUpcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥8,780, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 877% over the past three years.Major Estimate Revision • Feb 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥24.3b to JP¥26.0b. EPS estimate increased from JP¥174 to JP¥197 per share. Net income forecast to grow 4.8% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,900 unchanged from last update. Share price rose 23% to JP¥6,320 over the past week.Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jan 17Nippon Avionics Co., Ltd. (TSE:6946) Looks Just Right With A 31% Price JumpNippon Avionics Co., Ltd. ( TSE:6946 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥5,690, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 735% over the past three years.분석 기사 • Jan 14Nippon Avionics (TSE:6946) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공지 • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥5,110, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 756% over the past three years.New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change).Major Estimate Revision • Nov 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥23.3b to JP¥25.0b. EPS estimate increased from JP¥162 to JP¥187 per share. Net income forecast to grow 15% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,900 unchanged from last update. Share price rose 6.8% to JP¥5,120 over the past week.분석 기사 • Nov 01Subdued Growth No Barrier To Nippon Avionics Co., Ltd. (TSE:6946) With Shares Advancing 29%Nippon Avionics Co., Ltd. ( TSE:6946 ) shareholders have had their patience rewarded with a 29% share price jump in the...New Risk • Oct 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk High level of debt (51% net debt to equity).Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 08We Think Nippon Avionics (TSE:6946) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥5,150, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 763% over the past three years.공지 • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025분석 기사 • Aug 04Nippon Avionics Co., Ltd.'s (TSE:6946) 34% Price Boost Is Out Of Tune With EarningsNippon Avionics Co., Ltd. ( TSE:6946 ) shares have continued their recent momentum with a 34% gain in the last month...Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 01Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 603,500 shares, representing 3.6% for ¥2,000 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 603,500 shares, representing 3.6% of its issued share capital, for ¥2,000 million. The shares will be repurchased at price of ¥3,314 per share. The shares will be repurchased from NAJ Holdings Co., Ltd. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The program will be valid till September 1, 2025. As of June 30, 2025, the company has 16,764,810 issued shares (excluding treasury stock) and 1,374,013 treasury shares.공지 • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025Reported Earnings • Jun 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jun 17Why Investors Shouldn't Be Surprised By Nippon Avionics Co., Ltd.'s (TSE:6946) 25% Share Price SurgeDespite an already strong run, Nippon Avionics Co., Ltd. ( TSE:6946 ) shares have been powering on, with a gain of 25...Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,195, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 523% over the past three years.Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.공지 • May 13Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025.분석 기사 • May 01After Leaping 25% Nippon Avionics Co., Ltd. (TSE:6946) Shares Are Not Flying Under The RadarNippon Avionics Co., Ltd. ( TSE:6946 ) shares have continued their recent momentum with a 25% gain in the last month...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥3,075, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 494% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,510 per share.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,260, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 328% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,494 per share.공지 • Mar 27Nippon Avionics Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Avionics Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%).New Risk • Mar 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,406, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 465% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,444 per share.분석 기사 • Mar 06Nippon Avionics Co., Ltd.'s (TSE:6946) P/E Is On The MarkWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Nippon...Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥21.40 (vs JP¥25.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.40 (down from JP¥25.40 in 3Q 2024). Revenue: JP¥4.56b (flat on 3Q 2024). Net income: JP¥331.0m (down 22% from 3Q 2024). Profit margin: 7.3% (down from 9.2% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.공지 • Dec 20Nippon Avionics Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Nippon Avionics Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,620, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 383% over the past three years.Reported Earnings • Oct 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥5.02b (flat on 2Q 2024). Net income: JP¥543.0m (down 12% from 2Q 2024). Profit margin: 11% (down from 12% in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.공지 • Oct 02Nippon Avionics Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Avionics Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,821, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 505% over the past three years.분석 기사 • Sep 28Nippon Avionics (TSE:6946) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥10,650, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 264% over the past three years.Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥57.21 (vs JP¥40.24 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.21 (up from JP¥40.24 in 1Q 2024). Revenue: JP¥4.09b (up 13% from 1Q 2024). Net income: JP¥191.0m (up 49% from 1Q 2024). Profit margin: 4.7% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥8,560, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 211% over the past three years.분석 기사 • Jul 29Optimistic Investors Push Nippon Avionics Co., Ltd. (TSE:6946) Shares Up 34% But Growth Is LackingThe Nippon Avionics Co., Ltd. ( TSE:6946 ) share price has done very well over the last month, posting an excellent...Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥13,520, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 311% over the past three years.공지 • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024Nippon Avionics Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥10,080, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 187% over the past three years.Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jun 11Market Cool On Nippon Avionics Co., Ltd.'s (TSE:6946) EarningsWith a median price-to-earnings (or "P/E") ratio of close to 14x in Japan, you could be forgiven for feeling...Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥9,670, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 118% over the past three years.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥8,930, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 222% over the past three years.공지 • May 15Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥9,940, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 201% over the past three years.공지 • Apr 04Nippon Avionics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nippon Avionics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥12,030, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 398% over the past three years.분석 기사 • Feb 29Optimistic Investors Push Nippon Avionics Co., Ltd. (TSE:6946) Shares Up 28% But Growth Is LackingDespite an already strong run, Nippon Avionics Co., Ltd. ( TSE:6946 ) shares have been powering on, with a gain of 28...Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥10,580, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 375% over the past three years.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥127 (vs JP¥155 in 3Q 2023)Third quarter 2024 results: EPS: JP¥127 (down from JP¥155 in 3Q 2023). Revenue: JP¥4.58b (down 3.7% from 3Q 2023). Net income: JP¥422.0m (down 3.7% from 3Q 2023). Profit margin: 9.2% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.공지 • Dec 30Nippon Avionics Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Avionics Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥7,680, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 298% over the past three years.Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥192 (vs JP¥209 in 2Q 2023)Second quarter 2024 results: EPS: JP¥192. Revenue: JP¥5.06b (up 10% from 2Q 2023). Net income: JP¥616.0m (up 4.4% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan.New Risk • Oct 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding).Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥7,050, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 269% over the past three years.공지 • Sep 28Nippon Avionics Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,640, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 196% over the past three years.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥40.24 (vs JP¥22.31 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥40.24 (up from JP¥22.31 loss in 1Q 2023). Revenue: JP¥3.61b (up 11% from 1Q 2023). Net income: JP¥128.0m (up JP¥191.0m from 1Q 2023). Profit margin: 3.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,020, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 70% over the past three years.Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥643 (vs JP¥575 in FY 2022)Full year 2023 results: EPS: JP¥643 (up from JP¥575 in FY 2022). Revenue: JP¥17.8b (down 7.7% from FY 2022). Net income: JP¥1.82b (up 12% from FY 2022). Profit margin: 10% (up from 8.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공지 • May 14Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 75,000 shares, representing 2.35% for ¥300 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 2.35% of its share capital, for ¥300 million.The purpose of the program is to increase capital efficiency and improve corporate value. rice field. The program will expire on March 31, 2024. As of March 31, 2023, the company had 3,186,695 shares in issue (excluding treasury stock) and 4,467 shares in treasury.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,685, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 231% over the past three years.Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥155 (vs JP¥89.14 in 3Q 2022)Third quarter 2023 results: EPS: JP¥155 (up from JP¥89.14 in 3Q 2022). Revenue: JP¥4.76b (up 5.1% from 3Q 2022). Net income: JP¥438.0m (up 74% from 3Q 2022). Profit margin: 9.2% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 38% per year.공지 • Jan 14Nippon Avionics Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥3,255, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 189% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. 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 2023 earnings released: EPS: JP¥209 (vs JP¥246 in 2Q 2022)Second quarter 2023 results: EPS: JP¥209 (down from JP¥246 in 2Q 2022). Revenue: JP¥4.60b (down 13% from 2Q 2022). Net income: JP¥590.0m (down 15% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03First quarter 2023 earnings released: JP¥22.31 loss per share (vs JP¥63.41 profit in 1Q 2022)First quarter 2023 results: JP¥22.31 loss per share (down from JP¥63.41 profit in 1Q 2022). Revenue: JP¥3.26b (down 25% from 1Q 2022). Net loss: JP¥63.0m (down 135% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 26Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 29% share price gain to JP¥3,920, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 245% over the past three years.Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥575 (vs JP¥365 in FY 2021)Full year 2022 results: EPS: JP¥575 (up from JP¥365 in FY 2021). Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to JP¥3,285, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 177% over the past three years.Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. 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 • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥89.13 (down from JP¥108 in 3Q 2021). Revenue: JP¥4.53b (down 15% from 3Q 2021). Net income: JP¥252.0m (down 17% from 3Q 2021). Profit margin: 5.6% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,948, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 73% over the past three years.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,160, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 132% over the past three years.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 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¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% 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 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥61.64 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¥4.37b (up 18% from 1Q 2021). Net income: JP¥179.0m (up JP¥353.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). 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 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,940, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 174% over the past three years.Reported Earnings • May 30Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). 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 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥3,525, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years.Is New 90 Day High Low • Mar 15New 90-day high: JP¥2,977The company is up 36% from a price of JP¥2,188 on 15 December 2020. Outperformed the Japanese market which is up 9.0% over the last 90 days. Exceeded the Electronic industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,433, the stock is trading at a trailing P/E ratio of 5.1x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 16x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 18%.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥108 (vs JP¥84.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.33b (up 47% from 3Q 2020). Net income: JP¥305.0m (up JP¥543.0m from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,653, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 3.0%.Is New 90 Day High Low • Jan 04New 90-day high: JP¥2,653The company is up 11% from its price of JP¥2,381 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 19% over the same period.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,283, the stock is trading at a trailing P/E ratio of 8.1x, up from the previous P/E ratio of 7x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 17%.매출 및 비용 세부 내역Nippon Avionics가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:6946 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Dec 2526,1783,1303,36656230 Sep 2523,7192,5303,34456230 Jun 2521,0722,1613,29456231 Mar 2520,1221,9643,27956231 Dec 2418,4722,0483,27148730 Sep 2418,4922,1393,16748730 Jun 2418,5372,2123,13648731 Mar 2418,0552,1493,05948731 Dec 2318,3832,0153,09448730 Sep 2318,5612,0313,12648730 Jun 2318,0962,0053,15048731 Mar 2317,7541,8143,30548731 Dec 2217,6741,4653,51442530 Sep 2217,4441,2793,62242530 Jun 2218,1191,3833,76342531 Mar 2219,2301,6253,76642531 Dec 2119,9071,5273,69839330 Sep 2120,7001,5803,73939330 Jun 2120,8701,3833,68039331 Mar 2120,1951,0303,59739331 Dec 2019,9491,3393,63828030 Sep 2018,2407963,56228030 Jun 2017,1071963,54328031 Mar 2016,805763,61528031 Dec 1916,7924883,54631030 Sep 1917,3744293,55631030 Jun 1917,2185013,55131031 Mar 1917,460223,64031031 Dec 1817,571-9863,79137830 Sep 1817,583-9003,84337830 Jun 1818,4953504,10137831 Mar 1818,7076064,20337831 Dec 1720,6453194,20544030 Sep 1720,637994,32044030 Jun 1720,9728874,23344031 Mar 1721,4421,5104,15244031 Dec 1620,2312,2394,15535430 Sep 1621,0622,3574,17635430 Jun 1622,3817174,18135431 Mar 1622,9201154,31035431 Dec 1524,353-3504,53537230 Sep 1525,669-3314,70037230 Jun 1525,574-4674,716372양질의 수익: 6946는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 6946의 현재 순 이익률 (12%)은 지난해 (11.1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6946의 수익은 지난 5년 동안 연평균 15% 증가했습니다.성장 가속화: 지난 1년간 6946 의 수익 증가율(52.8%)은 연간 평균(15%)을 초과합니다.수익 대 산업: 6946의 지난 1년 수익 증가율(52.8%)은 Electronic 업계의 3.5%를 상회했습니다.자기자본이익률높은 ROE: 6946의 자본 수익률(22.3%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 10:25종가2026/05/08 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nippon Avionics Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yusuke MiuraDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.Yusuke MatsuuraMarusan Securities Co. Ltd.
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥8,780, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 877% over the past three years.
Major Estimate Revision • Feb 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥24.3b to JP¥26.0b. EPS estimate increased from JP¥174 to JP¥197 per share. Net income forecast to grow 4.8% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,900 unchanged from last update. Share price rose 23% to JP¥6,320 over the past week.
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jan 17Nippon Avionics Co., Ltd. (TSE:6946) Looks Just Right With A 31% Price JumpNippon Avionics Co., Ltd. ( TSE:6946 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥5,690, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 735% over the past three years.
분석 기사 • Jan 14Nippon Avionics (TSE:6946) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공지 • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥5,110, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 756% over the past three years.
New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change).
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥23.3b to JP¥25.0b. EPS estimate increased from JP¥162 to JP¥187 per share. Net income forecast to grow 15% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,900 unchanged from last update. Share price rose 6.8% to JP¥5,120 over the past week.
분석 기사 • Nov 01Subdued Growth No Barrier To Nippon Avionics Co., Ltd. (TSE:6946) With Shares Advancing 29%Nippon Avionics Co., Ltd. ( TSE:6946 ) shareholders have had their patience rewarded with a 29% share price jump in the...
New Risk • Oct 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk High level of debt (51% net debt to equity).
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 08We Think Nippon Avionics (TSE:6946) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥5,150, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 763% over the past three years.
공지 • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025
분석 기사 • Aug 04Nippon Avionics Co., Ltd.'s (TSE:6946) 34% Price Boost Is Out Of Tune With EarningsNippon Avionics Co., Ltd. ( TSE:6946 ) shares have continued their recent momentum with a 34% gain in the last month...
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 01Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 603,500 shares, representing 3.6% for ¥2,000 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 603,500 shares, representing 3.6% of its issued share capital, for ¥2,000 million. The shares will be repurchased at price of ¥3,314 per share. The shares will be repurchased from NAJ Holdings Co., Ltd. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The program will be valid till September 1, 2025. As of June 30, 2025, the company has 16,764,810 issued shares (excluding treasury stock) and 1,374,013 treasury shares.
공지 • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
Reported Earnings • Jun 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jun 17Why Investors Shouldn't Be Surprised By Nippon Avionics Co., Ltd.'s (TSE:6946) 25% Share Price SurgeDespite an already strong run, Nippon Avionics Co., Ltd. ( TSE:6946 ) shares have been powering on, with a gain of 25...
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,195, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 523% over the past three years.
Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
공지 • May 13Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025.
분석 기사 • May 01After Leaping 25% Nippon Avionics Co., Ltd. (TSE:6946) Shares Are Not Flying Under The RadarNippon Avionics Co., Ltd. ( TSE:6946 ) shares have continued their recent momentum with a 25% gain in the last month...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥3,075, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 494% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,510 per share.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,260, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 328% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,494 per share.
공지 • Mar 27Nippon Avionics Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Avionics Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%).
New Risk • Mar 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,406, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 465% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,444 per share.
분석 기사 • Mar 06Nippon Avionics Co., Ltd.'s (TSE:6946) P/E Is On The MarkWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Nippon...
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥21.40 (vs JP¥25.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.40 (down from JP¥25.40 in 3Q 2024). Revenue: JP¥4.56b (flat on 3Q 2024). Net income: JP¥331.0m (down 22% from 3Q 2024). Profit margin: 7.3% (down from 9.2% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Dec 20Nippon Avionics Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Nippon Avionics Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥2,620, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 383% over the past three years.
Reported Earnings • Oct 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥5.02b (flat on 2Q 2024). Net income: JP¥543.0m (down 12% from 2Q 2024). Profit margin: 11% (down from 12% in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Oct 02Nippon Avionics Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Avionics Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,821, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 505% over the past three years.
분석 기사 • Sep 28Nippon Avionics (TSE:6946) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥10,650, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 264% over the past three years.
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥57.21 (vs JP¥40.24 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.21 (up from JP¥40.24 in 1Q 2024). Revenue: JP¥4.09b (up 13% from 1Q 2024). Net income: JP¥191.0m (up 49% from 1Q 2024). Profit margin: 4.7% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥8,560, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 211% over the past three years.
분석 기사 • Jul 29Optimistic Investors Push Nippon Avionics Co., Ltd. (TSE:6946) Shares Up 34% But Growth Is LackingThe Nippon Avionics Co., Ltd. ( TSE:6946 ) share price has done very well over the last month, posting an excellent...
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥13,520, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 311% over the past three years.
공지 • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024Nippon Avionics Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥10,080, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 187% over the past three years.
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jun 11Market Cool On Nippon Avionics Co., Ltd.'s (TSE:6946) EarningsWith a median price-to-earnings (or "P/E") ratio of close to 14x in Japan, you could be forgiven for feeling...
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥9,670, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 118% over the past three years.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥8,930, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 222% over the past three years.
공지 • May 15Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥9,940, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 201% over the past three years.
공지 • Apr 04Nippon Avionics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nippon Avionics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥12,030, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 398% over the past three years.
분석 기사 • Feb 29Optimistic Investors Push Nippon Avionics Co., Ltd. (TSE:6946) Shares Up 28% But Growth Is LackingDespite an already strong run, Nippon Avionics Co., Ltd. ( TSE:6946 ) shares have been powering on, with a gain of 28...
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥10,580, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 375% over the past three years.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥127 (vs JP¥155 in 3Q 2023)Third quarter 2024 results: EPS: JP¥127 (down from JP¥155 in 3Q 2023). Revenue: JP¥4.58b (down 3.7% from 3Q 2023). Net income: JP¥422.0m (down 3.7% from 3Q 2023). Profit margin: 9.2% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Dec 30Nippon Avionics Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Avionics Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥7,680, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 298% over the past three years.
Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥192 (vs JP¥209 in 2Q 2023)Second quarter 2024 results: EPS: JP¥192. Revenue: JP¥5.06b (up 10% from 2Q 2023). Net income: JP¥616.0m (up 4.4% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan.
New Risk • Oct 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥7,050, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 269% over the past three years.
공지 • Sep 28Nippon Avionics Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,640, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 196% over the past three years.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥40.24 (vs JP¥22.31 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥40.24 (up from JP¥22.31 loss in 1Q 2023). Revenue: JP¥3.61b (up 11% from 1Q 2023). Net income: JP¥128.0m (up JP¥191.0m from 1Q 2023). Profit margin: 3.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,020, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥643 (vs JP¥575 in FY 2022)Full year 2023 results: EPS: JP¥643 (up from JP¥575 in FY 2022). Revenue: JP¥17.8b (down 7.7% from FY 2022). Net income: JP¥1.82b (up 12% from FY 2022). Profit margin: 10% (up from 8.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공지 • May 14Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 75,000 shares, representing 2.35% for ¥300 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 2.35% of its share capital, for ¥300 million.The purpose of the program is to increase capital efficiency and improve corporate value. rice field. The program will expire on March 31, 2024. As of March 31, 2023, the company had 3,186,695 shares in issue (excluding treasury stock) and 4,467 shares in treasury.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,685, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 231% over the past three years.
Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥155 (vs JP¥89.14 in 3Q 2022)Third quarter 2023 results: EPS: JP¥155 (up from JP¥89.14 in 3Q 2022). Revenue: JP¥4.76b (up 5.1% from 3Q 2022). Net income: JP¥438.0m (up 74% from 3Q 2022). Profit margin: 9.2% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 38% per year.
공지 • Jan 14Nippon Avionics Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥3,255, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 189% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. 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 2023 earnings released: EPS: JP¥209 (vs JP¥246 in 2Q 2022)Second quarter 2023 results: EPS: JP¥209 (down from JP¥246 in 2Q 2022). Revenue: JP¥4.60b (down 13% from 2Q 2022). Net income: JP¥590.0m (down 15% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03First quarter 2023 earnings released: JP¥22.31 loss per share (vs JP¥63.41 profit in 1Q 2022)First quarter 2023 results: JP¥22.31 loss per share (down from JP¥63.41 profit in 1Q 2022). Revenue: JP¥3.26b (down 25% from 1Q 2022). Net loss: JP¥63.0m (down 135% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 26Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 29% share price gain to JP¥3,920, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 245% over the past three years.
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥575 (vs JP¥365 in FY 2021)Full year 2022 results: EPS: JP¥575 (up from JP¥365 in FY 2021). Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to JP¥3,285, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 177% over the past three years.
Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. 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 • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥89.13 (down from JP¥108 in 3Q 2021). Revenue: JP¥4.53b (down 15% from 3Q 2021). Net income: JP¥252.0m (down 17% from 3Q 2021). Profit margin: 5.6% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,948, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 73% over the past three years.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,160, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 132% over the past three years.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 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¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% 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 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥61.64 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¥4.37b (up 18% from 1Q 2021). Net income: JP¥179.0m (up JP¥353.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). 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 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,940, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 174% over the past three years.
Reported Earnings • May 30Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). 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 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥3,525, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years.
Is New 90 Day High Low • Mar 15New 90-day high: JP¥2,977The company is up 36% from a price of JP¥2,188 on 15 December 2020. Outperformed the Japanese market which is up 9.0% over the last 90 days. Exceeded the Electronic industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,433, the stock is trading at a trailing P/E ratio of 5.1x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 16x in the Electronic industry in Japan. Total returns to shareholders over the past three years are 18%.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥108 (vs JP¥84.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.33b (up 47% from 3Q 2020). Net income: JP¥305.0m (up JP¥543.0m from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,653, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 3.0%.
Is New 90 Day High Low • Jan 04New 90-day high: JP¥2,653The company is up 11% from its price of JP¥2,381 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 19% over the same period.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,283, the stock is trading at a trailing P/E ratio of 8.1x, up from the previous P/E ratio of 7x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 17%.