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Nippon Sharyo

MUN:NIP
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NIP
MUN
¥35B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Nippon Sharyo, Ltd. manufactures and sells railway rolling stock, transportation equipment, steel structures, construction equipment, and engineering equipment in Japan, the United States, Asia, and internationally. The last earnings update was 74 days ago. More info.


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NIP Share Price and Events
7 Day Returns
-2.3%
MUN:NIP
3.1%
DE Machinery
1.8%
DE Market
1 Year Returns
-22.6%
MUN:NIP
-18.1%
DE Machinery
-6%
DE Market
NIP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nippon Sharyo (NIP) -2.3% -11.8% 3.1% -22.6% -13.6% -26%
DE Machinery 3.1% 11.8% 6.9% -18.1% -3.3% 18.5%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • NIP underperformed the Machinery industry which returned -18.1% over the past year.
  • NIP underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
NIP
Industry
5yr Volatility vs Market
Related Companies

NIP Value

 Is Nippon Sharyo undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Nippon Sharyo. This is due to cash flow or dividend data being unavailable. The share price is €19.422.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nippon Sharyo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nippon Sharyo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:NIP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥340.93
TSE:7102 Share Price ** TSE (2019-04-18) in JPY ¥2454
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 18.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nippon Sharyo.

MUN:NIP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7102 Share Price ÷ EPS (both in JPY)

= 2454 ÷ 340.93

7.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nippon Sharyo is good value based on earnings compared to the DE Machinery industry average.
  • Nippon Sharyo is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Nippon Sharyo's expected growth come at a high price?
Raw Data
MUN:NIP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.77x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nippon Sharyo, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nippon Sharyo's assets?
Raw Data
MUN:NIP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥1,835.81
TSE:7102 Share Price * TSE (2019-04-18) in JPY ¥2454
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.83x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
MUN:NIP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7102 Share Price ÷ Book Value per Share (both in JPY)

= 2454 ÷ 1,835.81

1.34x

* Primary Listing of Nippon Sharyo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nippon Sharyo is good value based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Nippon Sharyo's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Nippon Sharyo has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NIP Future Performance

 How is Nippon Sharyo expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nippon Sharyo has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.6%
Expected Machinery industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nippon Sharyo expected to grow at an attractive rate?
  • Unable to compare Nippon Sharyo's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nippon Sharyo's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Nippon Sharyo's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MUN:NIP Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MUN:NIP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:NIP Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
MUN:NIP Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 82,191 4,921
2018-09-30 85,174 -41,857 10,864
2018-06-30 90,571 -13,636
2018-03-31 95,310 -37,192 -8,271
2017-12-31 95,509 -8,833
2017-09-30 95,346 1,081 -16,401
2017-06-30 95,924 1,878
2017-03-31 101,093 -2,338 -5,124
2016-12-31 103,881 -9,622
2016-09-30 108,606 2,594 -10,241
2016-06-30 110,338 -16,650
2016-03-31 111,006 2,334 -16,129

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nippon Sharyo is high growth as no earnings estimate data is available.
  • Unable to determine if Nippon Sharyo is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MUN:NIP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nippon Sharyo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:NIP Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
MUN:NIP Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 340.93
2018-09-30 752.66
2018-06-30 -944.69
2018-03-31 -573.00
2017-12-31 -611.93
2017-09-30 -1,136.21
2017-06-30 130.10
2017-03-31 -354.97
2016-12-31 -666.56
2016-09-30 -709.44
2016-06-30 -1,153.40
2016-03-31 -1,117.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nippon Sharyo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Nippon Sharyo is trading at Nippon Sharyo'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Nippon Sharyo's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Nippon Sharyo's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Nippon Sharyo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nippon Sharyo has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NIP Past Performance

  How has Nippon Sharyo performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nippon Sharyo's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nippon Sharyo's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Nippon Sharyo has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Nippon Sharyo has become profitable in the last year making it difficult to compare the DE Machinery industry average.
Earnings and Revenue History
Nippon Sharyo's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nippon Sharyo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:NIP Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 82,191.00 4,921.00 7,106.00
2018-09-30 85,174.00 10,864.00 6,901.00
2018-06-30 90,571.00 -13,636.00 7,033.00
2018-03-31 95,310.00 -8,271.00 7,131.00
2017-12-31 95,509.00 -8,833.00 7,159.00
2017-09-30 95,346.00 -16,401.00 7,478.00
2017-06-30 95,924.00 1,878.00 7,521.00
2017-03-31 101,093.00 -5,124.00 7,530.00
2016-12-31 103,881.00 -9,622.00 7,153.00
2016-09-30 108,606.00 -10,241.00 7,115.00
2016-06-30 110,338.00 -16,650.00 7,099.00
2016-03-31 111,006.00 -16,129.00 7,086.00
2015-12-31 110,482.00 -25,958.00 7,191.00
2015-09-30 106,879.00 -25,754.00 7,220.00
2015-06-30 106,368.00 -13,801.00 7,340.00
2015-03-31 96,298.00 -14,568.00 7,298.00
2014-12-31 98,272.00 1,856.00 7,237.00
2014-09-30 106,128.00 4,919.00 7,182.00
2014-06-30 115,922.00 5,574.00 7,266.00
2014-03-31 124,310.00 6,929.00 7,353.00
2013-12-31 120,268.00 5,306.00 7,337.00
2013-09-30 109,395.00 4,045.00 7,249.00
2013-06-30 96,594.00 2,407.00 7,035.00
2013-03-31 83,017.00 1,597.00 6,993.00
2012-12-31 81,810.00 3,471.00 6,770.00
2012-09-30 81,065.00 3,817.00 6,562.00
2012-06-30 77,444.00 3,689.00 6,467.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nippon Sharyo has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nippon Sharyo used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Nippon Sharyo has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Nippon Sharyo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nippon Sharyo has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NIP Health

 How is Nippon Sharyo's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nippon Sharyo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nippon Sharyo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nippon Sharyo's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nippon Sharyo's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nippon Sharyo Company Filings, last reported 3 months ago.

MUN:NIP Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 26,613.00 55,433.00 6,031.00
2018-09-30 26,032.00 55,578.00 6,163.00
2018-06-30 23,156.00 55,574.00 6,539.00
2018-03-31 20,953.00 57,410.00 8,503.00
2017-12-31 22,243.00 55,686.00 8,575.00
2017-09-30 12,932.00 21,069.00 10,209.00
2017-06-30 35,849.00 21,069.00 11,323.00
2017-03-31 28,107.00 27,532.00 11,913.00
2016-12-31 29,518.00 24,640.00 12,480.00
2016-09-30 28,403.00 24,173.00 8,317.00
2016-06-30 32,802.00 24,254.00 10,376.00
2016-03-31 33,381.00 26,133.00 7,471.00
2015-12-31 41,258.00 26,664.00 8,586.00
2015-09-30 40,077.00 24,173.00 7,922.00
2015-06-30 51,900.00 31,443.00 17,088.00
2015-03-31 51,460.00 16,686.00 3,381.00
2014-12-31 64,052.00 18,980.00 3,853.00
2014-09-30 63,306.00 16,556.00 5,740.00
2014-06-30 61,834.00 12,940.00 6,419.00
2014-03-31 63,332.00 11,118.00 7,245.00
2013-12-31 62,616.00 11,416.00 5,474.00
2013-09-30 59,762.00 10,309.00 6,212.00
2013-06-30 57,318.00 11,300.00 6,785.00
2013-03-31 57,402.00 10,658.00 5,065.00
2012-12-31 56,464.00 1,533.00 3,829.00
2012-09-30 54,097.00 6,020.00 6,227.00
2012-06-30 53,784.00 10,532.00 7,811.00
  • Nippon Sharyo's level of debt (208.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18.2% vs 208.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 1734.7x coverage).
X
Financial health checks
We assess Nippon Sharyo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nippon Sharyo has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NIP Dividends

 What is Nippon Sharyo's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nippon Sharyo dividends.
If you bought €2,000 of Nippon Sharyo shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nippon Sharyo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nippon Sharyo's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MUN:NIP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MUN:NIP Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
MUN:NIP Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2016-08-05 0.000 0.000
2016-07-26 0.000 0.000
2016-06-29 0.000 0.000
2016-04-26 0.000 0.000
2016-02-09 0.000 0.000
2016-01-28 0.000 0.000
2015-11-10 0.000 0.000
2015-10-27 0.000 0.000
2015-07-23 50.000 1.520
2015-06-26 50.000 1.485
2015-04-27 50.000 1.436
2015-02-13 50.000 1.385
2015-01-28 50.000 1.391
2014-11-10 50.000 1.420
2014-10-28 50.000 1.473
2014-06-27 50.000 1.310
2014-04-24 50.000 1.330
2014-02-13 50.000 1.116
2014-01-28 50.000 0.999
2013-11-08 50.000 0.964
2013-10-28 50.000 0.969
2013-07-25 50.000 0.929
2013-06-27 50.000 0.929
2013-04-26 50.000 0.974
2013-02-12 50.000 1.266
2013-01-28 50.000 1.461
2012-11-07 50.000 1.490
2012-10-26 50.000 1.719
2012-07-26 50.000 1.807
2012-06-28 50.000 1.887
2012-02-09 50.000 1.653
2012-01-30 50.000 1.503
2011-11-10 50.000 1.691
2011-10-28 50.000 1.607
2011-07-26 50.000 1.525
2011-06-29 50.000 1.414
2011-04-26 50.000 1.495
2011-02-09 50.000 1.296
2011-01-27 50.000 1.096
2010-11-11 50.000 1.233
2010-10-26 50.000 1.392
2010-06-29 50.000 1.311
2010-04-27 50.000 1.145
2010-02-10 50.000 0.895
2010-01-28 50.000 0.845
2009-11-11 50.000 0.909
2009-10-27 50.000 0.872
2009-07-29 50.000 0.830
2009-06-26 50.000 0.914
2009-04-27 50.000 0.970
2009-04-23 50.000 1.177

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nippon Sharyo has not reported any payouts.
  • Unable to verify if Nippon Sharyo's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nippon Sharyo's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nippon Sharyo has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nippon Sharyo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nippon Sharyo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nippon Sharyo has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NIP Management

 What is the CEO of Nippon Sharyo's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kazuhiro Igarashi
AGE 61
CEO Bio

Mr. Kazuhiro Igarashi serves as Chief Executive Officer and President at Nippon Sharyo, Ltd. Mr. Igarashi served as a Corporate Executive Officer at Central Japan Railway Company until January 15, 2016 and served as its Corporate Officer. Mr. Igarashi served as Executive Vice President of Nippon Sharyo, Ltd. since January 2016. Mr. Igarashi served as General Manager of General Technology Division and In-charge of Vehicle Unit Coordination at Central Japan Railway Company since June 2014 and also served as its Manager of Vehicle Department at Shinkansen Railway Business Division since June 2006, Deputy General Manager, General Technology Division, Central Japan Railway Company since June 2010, Manager of Engineering Planning Department since June 2010, Executive Officer since June 2012, Deputy General Manager of General Technology Division since June 2012, Manager of Technology Development Department since June 2012 and Managing Executive Officer since June 2014. Mr. Igarashi serves as a Representative Director of Nippon Sharyo, Ltd. Mr. Igarashi served as Director at Central Japan Railway Company since June 2014 until January 15, 2016.

CEO Compensation
  • Insufficient data for Kazuhiro to compare compensation growth.
  • Insufficient data for Kazuhiro to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Kazuhiro Igarashi

TITLE
President
AGE
61

Junichi Ito

TITLE
Head-Railway Vehicle Div

Makoto Baba

TITLE
Head of Admini. Unit
AGE
61

Mikio Tsuge

TITLE
Representative Senior MD
AGE
67
TENURE
4.8 yrs

Akira Koyasu

TITLE
Managing Executive Officer

Toshikazu Usui

TITLE
Executive Officer & Head of Corporate Planning Office

Yuji Tomatsu

TITLE
Executive Officer & Head of Corporate Management

Junichi Kitagawa

TITLE
Exec. Officer and Head-2nd Mrkt. Dept.

Norio Murate

TITLE
GM of Mechanical & Electrical Division
AGE
64

Hiroaki Okamoto

TITLE
MD, Head of Technology-Railway High-Speed Vehicle Development and Director
AGE
66
TENURE
4.3 yrs
Board of Directors

Kazuhiro Igarashi

TITLE
President
AGE
61

Makoto Baba

TITLE
Head of Admini. Unit
AGE
61

Mikio Tsuge

TITLE
Representative Senior MD
AGE
67

Akira Koyasu

TITLE
Managing Executive Officer

Norio Murate

TITLE
GM of Mechanical & Electrical Division
AGE
64

Masayoshi Ishikawa

TITLE
GM of Transportation Equipment & Infrastructure Div. and Director
AGE
67

Yasukazu Endo

TITLE
GM of Engineering Div. & Director
AGE
65

Atsushi Niimi

TITLE
Outside Director
AGE
71
TENURE
2.8 yrs

Tsutomu Saito

TITLE
Outside Director
AGE
67

Kiyoshi Mizutani

TITLE
Outside Audit & Supervisory Board Member
AGE
59
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Nippon Sharyo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nippon Sharyo has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NIP News

Simply Wall St News

NIP Company Info

Description

Nippon Sharyo, Ltd. manufactures and sells railway rolling stock, transportation equipment, steel structures, construction equipment, and engineering equipment in Japan, the United States, Asia, and internationally. The company offers EMUs, DMUs, passenger cars, linear motor cars, track maintenance machines, rolling stock components, and automated guideway transit systems; and inter-city and express vehicles, suburban and commuter vehicles, and metro and subway EMUs, as well as exports high speed trains, urban and suburban trains, and metro and light rail transit vehicles. It also provides rubber-tired AGT vehicles, magnetic-levitating vehicles, hanging monorail vehicles, etc. for medium or small volume transportation; and low-floor and articulated design light rail vehicles. In addition, the company offers freight cars, locomotives, tank trucks, tank trailers, storage tanks, heavy-duty industrial vehicles, containers, automated guided vehicles, roadway bridges, railway bridges, water gates, and storage tanks. Further, it provides pile driving rigs, crawler cranes, hydraulic hammers, casing rotators, portable diesel generator sets, emergency generators, and various products related to electric machines, as well as other products related to foundation work; earth drilling rigs, soil stabilizing rigs, and diesel generators; and agricultural plants, grain complex, seed processing plants, railway rolling stock inspection/maintenance system, and pulp and paper plants. Additionally, the company constructs bridges; and offers country elevator soft drying systems and seed processing plants, SSI shredding systems and bale breakers, kneading pulpers, fiber laser stencil processing systems, and fiber laser precision sheet metal processing systems. The company was founded in 1896 and is headquartered in Nagoya, Japan. Nippon Sharyo, Ltd. is a subsidiary of Central Japan Railway Company.

Details
Name: Nippon Sharyo, Ltd.
NIP
Exchange: MUN
Founded: 1896
¥281,063,707
14,433,955
Website: http://www.n-sharyo.co.jp
Address: Nippon Sharyo, Ltd.
1-1 Sanbonmatsu-cho,
Atsuta-ku,
Nagoya,
Aichi, 456-8691,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7102 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
MUN NIP Common Stock Boerse Muenchen DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
2,017
Nippon Sharyo employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:44
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/04/25
Last earnings filing: 2019/02/07
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.