View Financial HealthNichicon 배당 및 자사주 매입배당 기준 점검 3/6Nichicon 수익으로 충분히 충당되는 현재 수익률 1.15% 보유한 배당금 지급 회사입니다. 다음 지급일은 29th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보1.1%배당 수익률0.8%자사주 매입 수익률총 주주 수익률1.9%미래 배당 수익률1.6%배당 성장률6.9%다음 배당 지급일29 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향89%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Sep 04Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...분석 기사 • Jul 24Nichicon's (TSE:6996) Dividend Will Be ¥18.00Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend of ¥18.00 per share on the 8th of December...분석 기사 • Jul 09Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...모든 업데이트 보기Recent updates분석 기사 • May 18Nichicon's (TSE:6996) Solid Earnings Have Been Accounted For ConservativelyNichicon Corporation ( TSE:6996 ) announced a healthy earnings result recently, and the market rewarded it with a...Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,902, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 125% over the past three years.Price Target Changed • May 11Price target increased by 8.3% to JP¥2,270Up from JP¥2,097, the current price target is an average from 6 analysts. New target price is 16% below last closing price of JP¥2,697. Stock is up 136% over the past year. The company is forecast to post earnings per share of JP¥114 for next year compared to JP¥93.96 last year.Reported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥93.96 (up from JP¥86.04 in FY 2025). Revenue: JP¥169.7b (down 3.4% from FY 2025). Net income: JP¥6.31b (up 7.4% from FY 2025). Profit margin: 3.7% (up from 3.3% in FY 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 8.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.공시 • May 08+ 1 more updateNichicon Corporation to Report Fiscal Year 2026 Results on May 08, 2026Nichicon Corporation announced that they will report fiscal year 2026 results on May 08, 2026Buy Or Sell Opportunity • Apr 27Now 20% undervaluedOver the last 90 days, the stock has risen 37% to JP¥2,287. The fair value is estimated to be JP¥2,861, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 28%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 212% in the next 2 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Price Target Changed • Mar 18Price target increased by 8.8% to JP¥1,957Up from JP¥1,798, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,994. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥84.40 for next year compared to JP¥86.04 last year.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,950, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 61% over the past three years.분석 기사 • Feb 10Market Participants Recognise Nichicon Corporation's (TSE:6996) Earnings Pushing Shares 27% HigherDespite an already strong run, Nichicon Corporation ( TSE:6996 ) shares have been powering on, with a gain of 27% in...New Risk • Feb 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).Reported Earnings • Feb 07Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: JP¥35.72 (down from JP¥45.25 in 3Q 2025). Revenue: JP¥43.5b (down 9.8% from 3Q 2025). Net income: JP¥2.40b (down 23% from 3Q 2025). Profit margin: 5.5% (down from 6.4% in 3Q 2025). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates by 88%. 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 fallen by 28% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • Jan 21Price target increased by 7.5% to JP¥1,673Up from JP¥1,557, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,677. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥77.21 for next year compared to JP¥86.04 last year.New Risk • Jan 08New 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 8.0% 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 (8.0% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.0% net profit margin).공시 • Dec 20Nichicon Corporation to Report Q3, 2026 Results on Feb 05, 2026Nichicon Corporation announced that they will report Q3, 2026 results on Feb 05, 2026분석 기사 • Dec 06Market Participants Recognise Nichicon Corporation's (TSE:6996) Earnings Pushing Shares 35% HigherNichicon Corporation ( TSE:6996 ) shareholders would be excited to see that the share price has had a great month...Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 16Nichicon's (TSE:6996) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Nichicon Corporation ( TSE:6996 ). Despite the soft profit...분석 기사 • Nov 07Nichicon Corporation Just Missed EPS By 52%: Here's What Analysts Think Will Happen NextAs you might know, Nichicon Corporation ( TSE:6996 ) last week released its latest half-yearly, and things did not turn...Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥6.45 (down from JP¥34.10 in 2Q 2025). Revenue: JP¥41.1b (down 5.1% from 2Q 2025). Net income: JP¥433.0m (down 81% from 2Q 2025). Profit margin: 1.1% (down from 5.4% in 2Q 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 8.0% 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 fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Nov 06New 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 6.4% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,253, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 4.1% over the past three years.분석 기사 • Oct 22There's Been No Shortage Of Growth Recently For Nichicon's (TSE:6996) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Sep 04Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...공시 • Sep 04Nichicon Corporation to Report Q2, 2026 Results on Nov 05, 2025Nichicon Corporation announced that they will report Q2, 2026 results on Nov 05, 2025분석 기사 • Aug 08Nichicon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsTSE:6996 1 Year Share Price vs Fair Value Explore Nichicon's Fair Values from the Community and select yours...Reported Earnings • Aug 07First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: JP¥17.67 (down from JP¥25.26 in 1Q 2025). Revenue: JP¥39.6b (down 3.8% from 1Q 2025). Net income: JP¥1.19b (down 31% from 1Q 2025). Profit margin: 3.0% (down from 4.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates by 51%. Revenue is forecast to grow 6.8% 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 fallen by 16% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.분석 기사 • Jul 24Nichicon's (TSE:6996) Dividend Will Be ¥18.00Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend of ¥18.00 per share on the 8th of December...분석 기사 • Jul 09Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 17Nichicon Corporation to Report Q1, 2026 Results on Aug 05, 2025Nichicon Corporation announced that they will report Q1, 2026 results on Aug 05, 2025Major Estimate Revision • Jun 03Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥95.89 to JP¥84.38 per share. Revenue forecast steady at JP¥183.6b. Net income forecast to shrink 2.5% next year vs 9.8% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,354 unchanged from last update. Share price was steady at JP¥1,166 over the past week.분석 기사 • May 17We Think That There Are More Issues For Nichicon (TSE:6996) Than Just Sluggish EarningsThe subdued market reaction suggests that Nichicon Corporation's ( TSE:6996 ) recent earnings didn't contain any...Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥86.04 (down from JP¥121 in FY 2024). Revenue: JP¥175.8b (down 3.2% from FY 2024). Net income: JP¥5.88b (down 29% from FY 2024). Profit margin: 3.3% (down from 4.5% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 6.2% 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 fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • May 09Nichicon Corporation, Annual General Meeting, Jun 27, 2025Nichicon Corporation, Annual General Meeting, Jun 27, 2025.Price Target Changed • Apr 11Price target increased by 7.9% to JP¥1,360Up from JP¥1,260, the current price target is an average from 5 analysts. New target price is 26% above last closing price of JP¥1,081. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥102 for next year compared to JP¥121 last year.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥998, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 2.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥714 per share.공시 • Mar 27Nichicon Corporation to Report Fiscal Year 2025 Results on May 09, 2025Nichicon Corporation announced that they will report fiscal year 2025 results on May 09, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,280, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 7.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥672 per share.분석 기사 • Feb 10Nichicon Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Nichicon Corporation ( TSE:6996 ) came out with a strong set of third-quarter numbers that could...Price Target Changed • Feb 08Price target increased by 10% to JP¥1,220Up from JP¥1,108, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥1,258. Stock is up 0.3% over the past year. The company is forecast to post earnings per share of JP¥97.22 for next year compared to JP¥121 last year.Reported Earnings • Feb 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥45.25 (up from JP¥28.55 in 3Q 2024). Revenue: JP¥48.2b (up 4.4% from 3Q 2024). Net income: JP¥3.10b (up 59% from 3Q 2024). Profit margin: 6.4% (up from 4.2% in 3Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Revenue is forecast to grow 7.4% 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 fallen by 3% per year whereas the company’s share price has increased by 1% per year.Major Estimate Revision • Feb 07Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥175.6b to JP¥177.6b. EPS estimate increased from JP¥83.67 to JP¥96.16 per share. Net income forecast to grow 1.8% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥1,108 to JP¥1,170. Share price rose 14% to JP¥1,254 over the past week.공시 • Feb 07Nichicon Corporation (TSE:6996) announces an Equity Buyback for 1,600,000 shares, representing 2.34% for ¥1,600 million.Nichicon Corporation (TSE:6996) announces a share repurchase program. Under the program, the company will repurchase 1,600,000 shares, representing 2.34% of its share capital, for ¥1,600 million. The company will repurchase its shares in order to further expand shareholder returns and improving capital efficiency. The program will expire on March 27, 2025. As of December 31, 2024, the company had 68,414,539 shares outstanding (excluding treasury shares) and 9,585,461 shares in treasury.New Risk • Jan 23New 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 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (353% cash payout ratio). Share price has been volatile over the past 3 months (5.0% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin).공시 • Dec 07Nichicon Corporation to Report Q3, 2025 Results on Feb 06, 2025Nichicon Corporation announced that they will report Q3, 2025 results on Feb 06, 2025분석 기사 • Nov 13Weak Statutory Earnings May Not Tell The Whole Story For Nichicon (TSE:6996)Despite Nichicon Corporation's ( TSE:6996 ) recent earnings report having lackluster headline numbers, the market...분석 기사 • Nov 10Nichicon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders of Nichicon Corporation ( TSE:6996 ) will be pleased this week, given that the stock price is up 11% to...Reported Earnings • Nov 08Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥34.10 (down from JP¥38.63 in 2Q 2024). Revenue: JP¥43.4b (down 9.0% from 2Q 2024). Net income: JP¥2.33b (down 12% from 2Q 2024). Profit margin: 5.4% (down from 5.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Revenue is forecast to grow 7.3% 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 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Nov 07Return Trends At Nichicon (TSE:6996) Aren't AppealingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Major Estimate Revision • Nov 07Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥67.82 to JP¥85.80. Revenue forecast steady at JP¥175.0b. Net income forecast to shrink 8.9% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,078 to JP¥1,103. Share price rose 13% to JP¥1,134 over the past week.Buy Or Sell Opportunity • Oct 28Now 22% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥973. The fair value is estimated to be JP¥800, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to decline by 4.8% in the next 2 years.Major Estimate Revision • Oct 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥179.3b to JP¥175.7b. EPS estimate also fell from JP¥74.91 per share to JP¥66.13 per share. Net income forecast to shrink 26% next year vs 8.1% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,034 unchanged from last update. Share price was steady at JP¥967 over the past week.Price Target Changed • Oct 10Price target decreased by 8.8% to JP¥1,034Down from JP¥1,134, the current price target is an average from 5 analysts. New target price is 6.1% above last closing price of JP¥975. Stock is down 28% over the past year. The company is forecast to post earnings per share of JP¥74.91 for next year compared to JP¥121 last year.공시 • Sep 26Nichicon Corporation to Report Q2, 2025 Results on Nov 06, 2024Nichicon Corporation announced that they will report Q2, 2025 results on Nov 06, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).Buy Or Sell Opportunity • Sep 12Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to JP¥967. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Buy Or Sell Opportunity • Aug 14Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to JP¥963. The fair value is estimated to be JP¥782, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Price Target Changed • Aug 10Price target decreased by 9.7% to JP¥1,264Down from JP¥1,400, the current price target is an average from 5 analysts. New target price is 35% above last closing price of JP¥933. Stock is down 33% over the past year. The company is forecast to post earnings per share of JP¥114 for next year compared to JP¥121 last year.분석 기사 • Aug 09Nichicon Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen NextIt's been a sad week for Nichicon Corporation ( TSE:6996 ), who've watched their investment drop 10% to JP¥933 in the...Reported Earnings • Aug 09First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥25.26 (down from JP¥49.83 in 1Q 2024). Revenue: JP¥41.2b (down 8.4% from 1Q 2024). Net income: JP¥1.73b (down 49% from 1Q 2024). Profit margin: 4.2% (down from 7.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Aug 05Lacklustre Performance Is Driving Nichicon Corporation's (TSE:6996) 25% Price DropUnfortunately for some shareholders, the Nichicon Corporation ( TSE:6996 ) share price has dived 25% in the last thirty...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥899, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 16% over the past three years.Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Haruhiko Kato was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥121 (up from JP¥114 in FY 2023). Revenue: JP¥181.6b (down 1.7% from FY 2023). Net income: JP¥8.25b (up 5.6% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.분석 기사 • May 13Nichicon Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsNichicon Corporation ( TSE:6996 ) shareholders are probably feeling a little disappointed, since its shares fell 7.2...Reported Earnings • May 11Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥121 (up from JP¥114 in FY 2023). Revenue: JP¥181.6b (down 1.7% from FY 2023). Net income: JP¥8.25b (up 5.6% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • May 11Nichicon Corporation, Annual General Meeting, Jun 27, 2024Nichicon Corporation, Annual General Meeting, Jun 27, 2024.Major Estimate Revision • May 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥193.4b to JP¥185.3b. EPS estimate also fell from JP¥125 per share to JP¥107 per share. Net income forecast to shrink 9.6% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,478 to JP¥1,448. Share price fell 7.2% to JP¥1,246 over the past week.Price Target Changed • Apr 12Price target decreased by 7.2% to JP¥1,478Down from JP¥1,593, the current price target is an average from 5 analysts. New target price is 11% above last closing price of JP¥1,330. Stock is up 1.9% over the past year. The company is forecast to post earnings per share of JP¥132 for next year compared to JP¥114 last year.New Risk • Apr 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Upcoming Dividend • Mar 21Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).Price Target Changed • Mar 21Price target decreased by 9.7% to JP¥1,523Down from JP¥1,688, the current price target is an average from 3 analysts. New target price is 18% above last closing price of JP¥1,294. Stock is down 5.7% over the past year. The company is forecast to post earnings per share of JP¥133 for next year compared to JP¥114 last year.공시 • Mar 02Nichicon Corporation to Report Fiscal Year 2024 Results on May 09, 2024Nichicon Corporation announced that they will report fiscal year 2024 results on May 09, 2024Reported Earnings • Feb 10Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2024 results: EPS: JP¥28.55 (down from JP¥51.57 in 3Q 2023). Revenue: JP¥46.2b (down 6.9% from 3Q 2023). Net income: JP¥1.95b (down 45% from 3Q 2023). Profit margin: 4.2% (down from 7.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Dec 22Nichicon Corporation to Report Q3, 2024 Results on Feb 09, 2024Nichicon Corporation announced that they will report Q3, 2024 results on Feb 09, 2024New Risk • Nov 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,439, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,356 per share.Reported Earnings • Nov 09Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥38.63 (up from JP¥11.56 loss in 2Q 2023). Revenue: JP¥47.6b (up 2.2% from 2Q 2023). Net income: JP¥2.64b (up JP¥3.43b from 2Q 2023). Profit margin: 5.5% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥16.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Aug 30Nichicon Corporation to Report Q2, 2024 Results on Nov 08, 2023Nichicon Corporation announced that they will report Q2, 2024 results on Nov 08, 2023New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).Reported Earnings • Aug 10First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥49.83 (down from JP¥52.46 in 1Q 2023). Revenue: JP¥44.9b (up 9.5% from 1Q 2023). Net income: JP¥3.41b (down 5.0% from 1Q 2023). Profit margin: 7.6% (down from 8.8% in 1Q 2023). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 127%. Revenue is forecast to grow 4.1% 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 56% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Jun 28Nichicon Corporation to Report Q1, 2024 Results on Aug 09, 2023Nichicon Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 10Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥114 (down from JP¥115 in FY 2022). Revenue: JP¥184.7b (up 30% from FY 2022). Net income: JP¥7.81b (down 1.1% from FY 2022). Profit margin: 4.2% (down from 5.6% in FY 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 3.9% 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 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 10Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥51.57 (up from JP¥40.28 in 3Q 2022). Revenue: JP¥49.6b (up 32% from 3Q 2022). Net income: JP¥3.53b (up 28% from 3Q 2022). Profit margin: 7.1% (down from 7.3% in 3Q 2022). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 68%. Revenue is forecast to grow 4.1% 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 64% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Nov 30Nichicon Corporation to Report Q3, 2023 Results on Feb 08, 2023Nichicon Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent External Director Shigenobu Aikyo was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 09Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: JP¥11.56 loss per share (down from JP¥20.58 profit in 2Q 2022). Revenue: JP¥46.6b (up 38% from 2Q 2022). Net loss: JP¥791.0m (down 156% from profit in 2Q 2022). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 4.6% 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 85% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 08Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥161.7b to JP¥165.0b. EPS estimate fell from JP¥135 to JP¥114 per share. Net income forecast to shrink 21% next year vs 6.1% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,572 to JP¥1,630. Share price rose 4.1% to JP¥1,457 over the past week.Upcoming Dividend • Sep 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Reported Earnings • Aug 09First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥52.46 (up from JP¥13.93 in 1Q 2022). Revenue: JP¥41.0b (up 32% from 1Q 2022). Net income: JP¥3.59b (up 277% from 1Q 2022). Profit margin: 8.8% (up from 3.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 139%. Over the next year, revenue is forecast to grow 5.1%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6996 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 6996 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Nichicon 배당 수익률 vs 시장6996의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6996)1.1%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Electronic)1.3%분석가 예측 (6996) (최대 3년)1.6%주목할만한 배당금: 6996 의 배당금( 1.15% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.74% )와 비교해 주목할 만하지 않습니다.고배당: 6996 의 배당금( 1.15% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.78% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 88.5% )에서 6996 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 227.2% )이 높기 때문에 6996 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 10:46종가2026/05/21 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nichicon Corporation는 16명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masashi KubotaBofA Global ResearchLiliko TakayamaCitigroup IncTakayuki NaitoCitigroup Inc13명의 분석가 더 보기
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Sep 04Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...
분석 기사 • Jul 24Nichicon's (TSE:6996) Dividend Will Be ¥18.00Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend of ¥18.00 per share on the 8th of December...
분석 기사 • Jul 09Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...
분석 기사 • May 18Nichicon's (TSE:6996) Solid Earnings Have Been Accounted For ConservativelyNichicon Corporation ( TSE:6996 ) announced a healthy earnings result recently, and the market rewarded it with a...
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,902, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 125% over the past three years.
Price Target Changed • May 11Price target increased by 8.3% to JP¥2,270Up from JP¥2,097, the current price target is an average from 6 analysts. New target price is 16% below last closing price of JP¥2,697. Stock is up 136% over the past year. The company is forecast to post earnings per share of JP¥114 for next year compared to JP¥93.96 last year.
Reported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥93.96 (up from JP¥86.04 in FY 2025). Revenue: JP¥169.7b (down 3.4% from FY 2025). Net income: JP¥6.31b (up 7.4% from FY 2025). Profit margin: 3.7% (up from 3.3% in FY 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 8.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
공시 • May 08+ 1 more updateNichicon Corporation to Report Fiscal Year 2026 Results on May 08, 2026Nichicon Corporation announced that they will report fiscal year 2026 results on May 08, 2026
Buy Or Sell Opportunity • Apr 27Now 20% undervaluedOver the last 90 days, the stock has risen 37% to JP¥2,287. The fair value is estimated to be JP¥2,861, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 28%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 212% in the next 2 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Price Target Changed • Mar 18Price target increased by 8.8% to JP¥1,957Up from JP¥1,798, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,994. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥84.40 for next year compared to JP¥86.04 last year.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,950, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 61% over the past three years.
분석 기사 • Feb 10Market Participants Recognise Nichicon Corporation's (TSE:6996) Earnings Pushing Shares 27% HigherDespite an already strong run, Nichicon Corporation ( TSE:6996 ) shares have been powering on, with a gain of 27% in...
New Risk • Feb 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Reported Earnings • Feb 07Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: JP¥35.72 (down from JP¥45.25 in 3Q 2025). Revenue: JP¥43.5b (down 9.8% from 3Q 2025). Net income: JP¥2.40b (down 23% from 3Q 2025). Profit margin: 5.5% (down from 6.4% in 3Q 2025). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates by 88%. 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 fallen by 28% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • Jan 21Price target increased by 7.5% to JP¥1,673Up from JP¥1,557, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,677. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥77.21 for next year compared to JP¥86.04 last year.
New Risk • Jan 08New 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 8.0% 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 (8.0% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.0% net profit margin).
공시 • Dec 20Nichicon Corporation to Report Q3, 2026 Results on Feb 05, 2026Nichicon Corporation announced that they will report Q3, 2026 results on Feb 05, 2026
분석 기사 • Dec 06Market Participants Recognise Nichicon Corporation's (TSE:6996) Earnings Pushing Shares 35% HigherNichicon Corporation ( TSE:6996 ) shareholders would be excited to see that the share price has had a great month...
Declared Dividend • Dec 06First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 16Nichicon's (TSE:6996) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Nichicon Corporation ( TSE:6996 ). Despite the soft profit...
분석 기사 • Nov 07Nichicon Corporation Just Missed EPS By 52%: Here's What Analysts Think Will Happen NextAs you might know, Nichicon Corporation ( TSE:6996 ) last week released its latest half-yearly, and things did not turn...
Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥6.45 (down from JP¥34.10 in 2Q 2025). Revenue: JP¥41.1b (down 5.1% from 2Q 2025). Net income: JP¥433.0m (down 81% from 2Q 2025). Profit margin: 1.1% (down from 5.4% in 2Q 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 8.0% 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 fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Nov 06New 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 6.4% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,253, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 4.1% over the past three years.
분석 기사 • Oct 22There's Been No Shortage Of Growth Recently For Nichicon's (TSE:6996) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Sep 04Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...
공시 • Sep 04Nichicon Corporation to Report Q2, 2026 Results on Nov 05, 2025Nichicon Corporation announced that they will report Q2, 2026 results on Nov 05, 2025
분석 기사 • Aug 08Nichicon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsTSE:6996 1 Year Share Price vs Fair Value Explore Nichicon's Fair Values from the Community and select yours...
Reported Earnings • Aug 07First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: JP¥17.67 (down from JP¥25.26 in 1Q 2025). Revenue: JP¥39.6b (down 3.8% from 1Q 2025). Net income: JP¥1.19b (down 31% from 1Q 2025). Profit margin: 3.0% (down from 4.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates by 51%. Revenue is forecast to grow 6.8% 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 fallen by 16% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
분석 기사 • Jul 24Nichicon's (TSE:6996) Dividend Will Be ¥18.00Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend of ¥18.00 per share on the 8th of December...
분석 기사 • Jul 09Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00The board of Nichicon Corporation ( TSE:6996 ) has announced that it will pay a dividend on the 8th of December, with...
Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 17Nichicon Corporation to Report Q1, 2026 Results on Aug 05, 2025Nichicon Corporation announced that they will report Q1, 2026 results on Aug 05, 2025
Major Estimate Revision • Jun 03Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥95.89 to JP¥84.38 per share. Revenue forecast steady at JP¥183.6b. Net income forecast to shrink 2.5% next year vs 9.8% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,354 unchanged from last update. Share price was steady at JP¥1,166 over the past week.
분석 기사 • May 17We Think That There Are More Issues For Nichicon (TSE:6996) Than Just Sluggish EarningsThe subdued market reaction suggests that Nichicon Corporation's ( TSE:6996 ) recent earnings didn't contain any...
Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥86.04 (down from JP¥121 in FY 2024). Revenue: JP¥175.8b (down 3.2% from FY 2024). Net income: JP¥5.88b (down 29% from FY 2024). Profit margin: 3.3% (down from 4.5% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 6.2% 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 fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • May 09Nichicon Corporation, Annual General Meeting, Jun 27, 2025Nichicon Corporation, Annual General Meeting, Jun 27, 2025.
Price Target Changed • Apr 11Price target increased by 7.9% to JP¥1,360Up from JP¥1,260, the current price target is an average from 5 analysts. New target price is 26% above last closing price of JP¥1,081. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥102 for next year compared to JP¥121 last year.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥998, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 2.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥714 per share.
공시 • Mar 27Nichicon Corporation to Report Fiscal Year 2025 Results on May 09, 2025Nichicon Corporation announced that they will report fiscal year 2025 results on May 09, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,280, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 7.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥672 per share.
분석 기사 • Feb 10Nichicon Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Nichicon Corporation ( TSE:6996 ) came out with a strong set of third-quarter numbers that could...
Price Target Changed • Feb 08Price target increased by 10% to JP¥1,220Up from JP¥1,108, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥1,258. Stock is up 0.3% over the past year. The company is forecast to post earnings per share of JP¥97.22 for next year compared to JP¥121 last year.
Reported Earnings • Feb 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥45.25 (up from JP¥28.55 in 3Q 2024). Revenue: JP¥48.2b (up 4.4% from 3Q 2024). Net income: JP¥3.10b (up 59% from 3Q 2024). Profit margin: 6.4% (up from 4.2% in 3Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Revenue is forecast to grow 7.4% 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 fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Major Estimate Revision • Feb 07Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥175.6b to JP¥177.6b. EPS estimate increased from JP¥83.67 to JP¥96.16 per share. Net income forecast to grow 1.8% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥1,108 to JP¥1,170. Share price rose 14% to JP¥1,254 over the past week.
공시 • Feb 07Nichicon Corporation (TSE:6996) announces an Equity Buyback for 1,600,000 shares, representing 2.34% for ¥1,600 million.Nichicon Corporation (TSE:6996) announces a share repurchase program. Under the program, the company will repurchase 1,600,000 shares, representing 2.34% of its share capital, for ¥1,600 million. The company will repurchase its shares in order to further expand shareholder returns and improving capital efficiency. The program will expire on March 27, 2025. As of December 31, 2024, the company had 68,414,539 shares outstanding (excluding treasury shares) and 9,585,461 shares in treasury.
New Risk • Jan 23New 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 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (353% cash payout ratio). Share price has been volatile over the past 3 months (5.0% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin).
공시 • Dec 07Nichicon Corporation to Report Q3, 2025 Results on Feb 06, 2025Nichicon Corporation announced that they will report Q3, 2025 results on Feb 06, 2025
분석 기사 • Nov 13Weak Statutory Earnings May Not Tell The Whole Story For Nichicon (TSE:6996)Despite Nichicon Corporation's ( TSE:6996 ) recent earnings report having lackluster headline numbers, the market...
분석 기사 • Nov 10Nichicon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders of Nichicon Corporation ( TSE:6996 ) will be pleased this week, given that the stock price is up 11% to...
Reported Earnings • Nov 08Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥34.10 (down from JP¥38.63 in 2Q 2024). Revenue: JP¥43.4b (down 9.0% from 2Q 2024). Net income: JP¥2.33b (down 12% from 2Q 2024). Profit margin: 5.4% (down from 5.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Revenue is forecast to grow 7.3% 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 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 07Return Trends At Nichicon (TSE:6996) Aren't AppealingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 27%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥67.82 to JP¥85.80. Revenue forecast steady at JP¥175.0b. Net income forecast to shrink 8.9% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,078 to JP¥1,103. Share price rose 13% to JP¥1,134 over the past week.
Buy Or Sell Opportunity • Oct 28Now 22% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥973. The fair value is estimated to be JP¥800, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to decline by 4.8% in the next 2 years.
Major Estimate Revision • Oct 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥179.3b to JP¥175.7b. EPS estimate also fell from JP¥74.91 per share to JP¥66.13 per share. Net income forecast to shrink 26% next year vs 8.1% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,034 unchanged from last update. Share price was steady at JP¥967 over the past week.
Price Target Changed • Oct 10Price target decreased by 8.8% to JP¥1,034Down from JP¥1,134, the current price target is an average from 5 analysts. New target price is 6.1% above last closing price of JP¥975. Stock is down 28% over the past year. The company is forecast to post earnings per share of JP¥74.91 for next year compared to JP¥121 last year.
공시 • Sep 26Nichicon Corporation to Report Q2, 2025 Results on Nov 06, 2024Nichicon Corporation announced that they will report Q2, 2025 results on Nov 06, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
Buy Or Sell Opportunity • Sep 12Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to JP¥967. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Buy Or Sell Opportunity • Aug 14Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to JP¥963. The fair value is estimated to be JP¥782, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Price Target Changed • Aug 10Price target decreased by 9.7% to JP¥1,264Down from JP¥1,400, the current price target is an average from 5 analysts. New target price is 35% above last closing price of JP¥933. Stock is down 33% over the past year. The company is forecast to post earnings per share of JP¥114 for next year compared to JP¥121 last year.
분석 기사 • Aug 09Nichicon Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen NextIt's been a sad week for Nichicon Corporation ( TSE:6996 ), who've watched their investment drop 10% to JP¥933 in the...
Reported Earnings • Aug 09First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥25.26 (down from JP¥49.83 in 1Q 2024). Revenue: JP¥41.2b (down 8.4% from 1Q 2024). Net income: JP¥1.73b (down 49% from 1Q 2024). Profit margin: 4.2% (down from 7.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 05Lacklustre Performance Is Driving Nichicon Corporation's (TSE:6996) 25% Price DropUnfortunately for some shareholders, the Nichicon Corporation ( TSE:6996 ) share price has dived 25% in the last thirty...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥899, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 16% over the past three years.
Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. External Independent Director Haruhiko Kato was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥121 (up from JP¥114 in FY 2023). Revenue: JP¥181.6b (down 1.7% from FY 2023). Net income: JP¥8.25b (up 5.6% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
분석 기사 • May 13Nichicon Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsNichicon Corporation ( TSE:6996 ) shareholders are probably feeling a little disappointed, since its shares fell 7.2...
Reported Earnings • May 11Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥121 (up from JP¥114 in FY 2023). Revenue: JP¥181.6b (down 1.7% from FY 2023). Net income: JP¥8.25b (up 5.6% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • May 11Nichicon Corporation, Annual General Meeting, Jun 27, 2024Nichicon Corporation, Annual General Meeting, Jun 27, 2024.
Major Estimate Revision • May 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥193.4b to JP¥185.3b. EPS estimate also fell from JP¥125 per share to JP¥107 per share. Net income forecast to shrink 9.6% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,478 to JP¥1,448. Share price fell 7.2% to JP¥1,246 over the past week.
Price Target Changed • Apr 12Price target decreased by 7.2% to JP¥1,478Down from JP¥1,593, the current price target is an average from 5 analysts. New target price is 11% above last closing price of JP¥1,330. Stock is up 1.9% over the past year. The company is forecast to post earnings per share of JP¥132 for next year compared to JP¥114 last year.
New Risk • Apr 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
Price Target Changed • Mar 21Price target decreased by 9.7% to JP¥1,523Down from JP¥1,688, the current price target is an average from 3 analysts. New target price is 18% above last closing price of JP¥1,294. Stock is down 5.7% over the past year. The company is forecast to post earnings per share of JP¥133 for next year compared to JP¥114 last year.
공시 • Mar 02Nichicon Corporation to Report Fiscal Year 2024 Results on May 09, 2024Nichicon Corporation announced that they will report fiscal year 2024 results on May 09, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2024 results: EPS: JP¥28.55 (down from JP¥51.57 in 3Q 2023). Revenue: JP¥46.2b (down 6.9% from 3Q 2023). Net income: JP¥1.95b (down 45% from 3Q 2023). Profit margin: 4.2% (down from 7.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Dec 22Nichicon Corporation to Report Q3, 2024 Results on Feb 09, 2024Nichicon Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
New Risk • Nov 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,439, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,356 per share.
Reported Earnings • Nov 09Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥38.63 (up from JP¥11.56 loss in 2Q 2023). Revenue: JP¥47.6b (up 2.2% from 2Q 2023). Net income: JP¥2.64b (up JP¥3.43b from 2Q 2023). Profit margin: 5.5% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥16.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Aug 30Nichicon Corporation to Report Q2, 2024 Results on Nov 08, 2023Nichicon Corporation announced that they will report Q2, 2024 results on Nov 08, 2023
New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).
Reported Earnings • Aug 10First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥49.83 (down from JP¥52.46 in 1Q 2023). Revenue: JP¥44.9b (up 9.5% from 1Q 2023). Net income: JP¥3.41b (down 5.0% from 1Q 2023). Profit margin: 7.6% (down from 8.8% in 1Q 2023). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 127%. Revenue is forecast to grow 4.1% 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 56% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Jun 28Nichicon Corporation to Report Q1, 2024 Results on Aug 09, 2023Nichicon Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 10Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥114 (down from JP¥115 in FY 2022). Revenue: JP¥184.7b (up 30% from FY 2022). Net income: JP¥7.81b (down 1.1% from FY 2022). Profit margin: 4.2% (down from 5.6% in FY 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 3.9% 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 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 10Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥51.57 (up from JP¥40.28 in 3Q 2022). Revenue: JP¥49.6b (up 32% from 3Q 2022). Net income: JP¥3.53b (up 28% from 3Q 2022). Profit margin: 7.1% (down from 7.3% in 3Q 2022). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 68%. Revenue is forecast to grow 4.1% 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 64% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Nov 30Nichicon Corporation to Report Q3, 2023 Results on Feb 08, 2023Nichicon Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent External Director Shigenobu Aikyo was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 09Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: JP¥11.56 loss per share (down from JP¥20.58 profit in 2Q 2022). Revenue: JP¥46.6b (up 38% from 2Q 2022). Net loss: JP¥791.0m (down 156% from profit in 2Q 2022). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 4.6% 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 85% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 08Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥161.7b to JP¥165.0b. EPS estimate fell from JP¥135 to JP¥114 per share. Net income forecast to shrink 21% next year vs 6.1% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,572 to JP¥1,630. Share price rose 4.1% to JP¥1,457 over the past week.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Reported Earnings • Aug 09First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥52.46 (up from JP¥13.93 in 1Q 2022). Revenue: JP¥41.0b (up 32% from 1Q 2022). Net income: JP¥3.59b (up 277% from 1Q 2022). Profit margin: 8.8% (up from 3.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 139%. Over the next year, revenue is forecast to grow 5.1%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.