Noritake Co., Limited

TSE:5331 Stock Report

Market Cap: JP¥203.2b

Noritake Future Growth

Future criteria checks 1/6

Noritake is forecast to grow earnings and revenue by 6.3% and 3.7% per annum respectively. EPS is expected to decline by 16.8% per annum. Return on equity is forecast to be 8.9% in 3 years.

Key information

6.3%

Earnings growth rate

-16.75%

EPS growth rate

Machinery earnings growth10.4%
Revenue growth rate3.7%
Future return on equity8.90%
Analyst coverage

Low

Last updated12 Jun 2026

Recent future growth updates

Recent updates

Analysis Article • May 19

Noritake's (TSE:5331) Solid Earnings May Rest On Weak Foundations

Noritake Co., Limited's ( TSE:5331 ) stock didn't jump after it announced some healthy earnings. We think that...
Analysis Article • Feb 04

Noritake Co., Limited's (TSE:5331) Popularity With Investors Is Clear

It's not a stretch to say that Noritake Co., Limited's ( TSE:5331 ) price-to-earnings (or "P/E") ratio of 14.5x right...
Analysis Article • Jan 13

We Think Noritake (TSE:5331) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Dec 07

Noritake's (TSE:5331) Dividend Will Be ¥80.00

The board of Noritake Co., Limited ( TSE:5331 ) has announced that it will pay a dividend on the 5th of June, with...
Analysis Article • Nov 16

Concerns Surrounding Noritake's (TSE:5331) Performance

Noritake Co., Limited's ( TSE:5331 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Analysis Article • Nov 13

Noritake (TSE:5331) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Aug 22

Noritake's (TSE:5331) Dividend Will Be ¥70.00

Noritake Co., Limited ( TSE:5331 ) has announced that it will pay a dividend of ¥70.00 per share on the 8th of...
Analysis Article • Aug 08

Noritake (TSE:5331) Will Pay A Dividend Of ¥70.00

Noritake Co., Limited's ( TSE:5331 ) investors are due to receive a payment of ¥70.00 per share on 8th of December...
Analysis Article • Jul 24

Noritake (TSE:5331) Will Pay A Dividend Of ¥70.00

Noritake Co., Limited ( TSE:5331 ) has announced that it will pay a dividend of ¥70.00 per share on the 8th of...
Analysis Article • Jul 09

Noritake (TSE:5331) Will Pay A Dividend Of ¥70.00

Noritake Co., Limited ( TSE:5331 ) will pay a dividend of ¥70.00 on the 8th of December. This will take the dividend...
Analysis Article • May 16

Concerns Surrounding Noritake's (TSE:5331) Performance

The recent earnings posted by Noritake Co., Limited ( TSE:5331 ) were solid, but the stock didn't move as much as we...
Analysis Article • Apr 15

Potential Upside For Noritake Co., Limited (TSE:5331) Not Without Risk

With a price-to-earnings (or "P/E") ratio of 8.4x Noritake Co., Limited ( TSE:5331 ) may be sending bullish signals at...
Analysis Article • Nov 14

Noritake's (TSE:5331) Profits May Not Reveal Underlying Issues

Noritake Co., Limited's ( TSE:5331 ) healthy profit numbers didn't contain any surprises for investors. We think this...
Analysis Article • Jul 25

Estimating The Intrinsic Value Of Noritake Co., Limited (TSE:5331)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Noritake fair value estimate is JP¥3,800 Noritake's JP¥3,935...

Earnings and Revenue Growth Forecasts

TSE:5331 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029159,90017,00011,79317,7931
3/31/2028155,70016,03010,74616,7461
3/31/2027150,30014,7907,32614,3261
3/31/2026142,90814,178-4,07210,043N/A
12/31/2025137,37512,424N/AN/AN/A
9/30/2025136,70712,312-5,3085,396N/A
6/30/2025136,81312,158N/AN/AN/A
3/31/2025138,18212,939-4,7952,015N/A
12/31/2024139,01411,599N/AN/AN/A
9/30/2024140,14211,7356,16911,891N/A
6/30/2024139,26111,687N/AN/AN/A
3/31/2024137,91211,48016,72322,036N/A
12/31/2023139,45410,516N/AN/AN/A
9/30/2023139,25210,6425,52711,332N/A
6/30/2023140,74010,369N/AN/AN/A
3/31/2023139,49410,024-5,571-213N/A
12/31/2022137,68910,608N/AN/AN/A
9/30/2022133,98310,0378106,024N/A
6/30/2022130,3529,530N/AN/AN/A
3/31/2022127,6419,0688,01412,835N/A
12/31/2021123,6018,762N/AN/AN/A
9/30/2021118,2707,0324,7148,472N/A
6/30/2021110,7844,490N/AN/AN/A
3/31/2021107,0002,806-5275,903N/A
12/31/2020106,786399N/AN/AN/A
9/30/2020108,885581-1,7866,662N/A
6/30/2020114,5792,033N/AN/AN/A
3/31/2020120,6113,4151,1148,232N/A
12/31/2019122,8007,511N/AN/AN/A
9/30/2019125,7568,444N/A11,667N/A
6/30/2019126,9819,301N/AN/AN/A
3/31/2019125,8029,707N/A8,237N/A
12/31/2018124,13615,100N/AN/AN/A
9/30/2018122,97815,031N/A7,070N/A
6/30/2018120,29414,390N/AN/AN/A
3/31/2018117,92813,432N/A9,684N/A
12/31/2017117,1306,758N/AN/AN/A
9/30/2017112,2985,620N/A7,170N/A
6/30/2017111,0795,094N/AN/AN/A
3/31/2017108,8084,107N/A9,128N/A
12/31/2016108,4943,012N/AN/AN/A
9/30/2016109,0482,983N/A9,080N/A
6/30/2016108,8113,974N/AN/AN/A
3/31/2016109,6314,412N/A6,114N/A
12/31/2015108,5604,152N/AN/AN/A
9/30/2015108,3503,770N/A5,338N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5331's forecast earnings growth (6.3% per year) is above the savings rate (0.8%).

Earnings vs Market: 5331's earnings (6.3% per year) are forecast to grow slower than the JP market (10% per year).

High Growth Earnings: 5331's earnings are forecast to grow, but not significantly.

Revenue vs Market: 5331's revenue (3.7% per year) is forecast to grow slower than the JP market (6.3% per year).

High Growth Revenue: 5331's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 5331's Return on Equity is forecast to be low in 3 years time (8.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 17:34
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Noritake Co., Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yasushi MizoueTIW
Ryousuke KiyotaTokai Tokyo Intelligence Laboratory Co., Ltd.