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Nabtesco CorporationTSE:6268 Stock Report

Market Cap JP¥622.7b
Share Price
JP¥5.31k
JP¥3.45k
54.1% overvalued intrinsic discount
1Y115.1%
7D17.6%
1D
Portfolio Value
View

Nabtesco Corporation

TSE:6268 Stock Report

Market Cap: JP¥622.7b

Nabtesco (6268) Stock Overview

Manufactures and sells industrial robot parts, construction machinery, railway vehicle brake systems, and automatic doors, aircraft parts, automobile brakes and drive controls, marine, and platform safety products in Japan and internationally. More details

6268 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends3/6

6268 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Nabtesco Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nabtesco
Historical stock prices
Current Share PriceJP¥5,313.00
52 Week HighJP¥6,113.00
52 Week LowJP¥2,435.00
Beta0.99
1 Month Change-0.30%
3 Month Change22.50%
1 Year Change115.10%
3 Year Change57.94%
5 Year Change27.56%
Change since IPO964.73%

Recent News & Updates

Narrative Update Jun 09

6268: Refined Risk And Earnings Assumptions Will Support Future Returns

Analysts have kept Nabtesco's fair value estimate steady at ¥6,300, with only small tweaks to the discount rate, revenue growth, profit margin, and forward P/E assumptions guiding this latest price target update. What's in the News No recent company specific news items are available from the provided sources, so current market pricing for Nabtesco is being assessed mainly against existing valuation assumptions.
Narrative Update May 26

6268: Lower Revenue Outlook Will Likely Keep Shares Vulnerable To Repricing

Analysts have nudged their price target on Nabtesco slightly lower to about ¥3,448 from roughly ¥3,449, reflecting updated assumptions around revenue growth, profit margin and future P/E that leave the stock's fair value view broadly unchanged. Valuation Changes Fair Value: trimmed slightly to ¥3,447.63 from ¥3,449.50, leaving the overall valuation level broadly similar.
Narrative Update May 07

6268: Higher Margin Assumptions Will Likely Fail To Offset Execution Risks

Analysts now set Nabtesco's fair value at ¥3,449, up from ¥3,070, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: revised from ¥3,070 to ¥3,449, indicating a higher estimated equity value per share based on the updated model inputs.

Recent updates

Narrative Update Jun 09

6268: Refined Risk And Earnings Assumptions Will Support Future Returns

Analysts have kept Nabtesco's fair value estimate steady at ¥6,300, with only small tweaks to the discount rate, revenue growth, profit margin, and forward P/E assumptions guiding this latest price target update. What's in the News No recent company specific news items are available from the provided sources, so current market pricing for Nabtesco is being assessed mainly against existing valuation assumptions.
Narrative Update May 26

6268: Lower Revenue Outlook Will Likely Keep Shares Vulnerable To Repricing

Analysts have nudged their price target on Nabtesco slightly lower to about ¥3,448 from roughly ¥3,449, reflecting updated assumptions around revenue growth, profit margin and future P/E that leave the stock's fair value view broadly unchanged. Valuation Changes Fair Value: trimmed slightly to ¥3,447.63 from ¥3,449.50, leaving the overall valuation level broadly similar.
Narrative Update May 07

6268: Higher Margin Assumptions Will Likely Fail To Offset Execution Risks

Analysts now set Nabtesco's fair value at ¥3,449, up from ¥3,070, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: revised from ¥3,070 to ¥3,449, indicating a higher estimated equity value per share based on the updated model inputs.
Narrative Update Apr 21

6268: Higher Revenue Assumptions Will Likely Fail To Offset Execution Risks

Analysts have raised their price target on Nabtesco slightly, from ¥3,050 to ¥3,070, citing updated assumptions around revenue growth, profit margins and future P/E that align with a recent upgrade in Street research. Analyst Commentary While the latest target revision on Nabtesco is slightly higher, bearish analysts remain cautious and highlight several areas where they see risk around the current valuation and the company’s ability to deliver on expectations.
Narrative Update Apr 06

6268: Higher Earnings Visibility And Refined Risk Assumptions Will Support Future Returns

Analysts have raised their fair value estimate for Nabtesco from ¥5,660 to ¥6,300, citing updated assumptions around the discount rate, revenue growth, profit margin expectations, and future P/E multiples reflected in recent research. Analyst Commentary Recent research points to a more constructive stance on Nabtesco, with bullish analysts framing the updated fair value estimate of ¥6,300 as better aligned with their refreshed view on risk, earnings power, and market multiples.
Narrative Update Mar 22

6268: Higher Revenue Assumptions Will Likely Fail To Offset Softer Margins

Analysts have maintained their Nabtesco price target at ¥3,050, citing updated assumptions that reflect a slightly lower discount rate, higher revenue growth expectations, modestly softer profit margins, and a reduced future P/E multiple. Analyst Commentary Recent research points to a more balanced stance on Nabtesco, with some bullish arguments around the revised assumptions and a group of Bearish analysts flagging areas where the risk and reward do not yet look compelling.
Narrative Update Mar 08

6268: Raised Fair Value And Lower Risk Will Support Future Returns

Narrative Update Analysts have lifted their fair value estimate for Nabtesco from ¥5,100 to ¥5,660, reflecting updated assumptions for revenue, profit margins, the discount rate, and future P/E following recent Street research. Analyst Commentary Recent Street research has highlighted a more constructive stance on Nabtesco, with bullish analysts updating their models and valuation work after reviewing the latest assumptions and market inputs.
Narrative Update Feb 22

6268: Higher Revenue Assumptions Will Likely Leave Limited Downside Protection

Analysts have revised their price target for Nabtesco to about ¥4,136 from roughly ¥3,555, citing updated views on revenue growth, profitability and a slightly adjusted discount rate following recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target of about ¥4,136 as better aligned with their updated expectations for Nabtesco's revenue outlook and profitability assumptions.
Narrative Update Feb 08

6268: Higher Fair Value And Share Cancellations Will Support Future Returns

Analysts have lifted their fair value estimate for Nabtesco from ¥4,400 to ¥5,100, pointing to updated assumptions around revenue growth, profit margins and a lower future P/E multiple as key drivers of the new target. Analyst Commentary Analysts pointing to the new ¥5,100 fair value say the move reflects updated thinking on how Nabtesco can execute on its revenue and margin plans, as well as what they see as a more appropriate future P/E multiple for the business.
Narrative Update Jan 24

6268: Future Share Buybacks And Margin Assumptions Will Likely Prove Overly Optimistic

Analysts have lifted their fair value estimate for Nabtesco from ¥2,250 to ¥3,050, reflecting updated assumptions that include a higher discount rate, a small revenue contraction, improved profit margins, and a higher future P/E multiple. What's in the News Nabtesco plans a board meeting on November 28, 2025, to review a new management structure, consider changes in officers, and discuss the cancellation of treasury shares (Key Developments).
Analysis Article Jan 10

Nabtesco (TSE:6268) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Narrative Update Jan 10

6268: Share Cancellations And Discontinued Operations Will Support Higher Future Returns

Analysts have kept their fair value estimate for Nabtesco unchanged at ¥4,400. This reflects slightly higher assumed profit margins and a modest adjustment to the discount rate, which together offset more cautious revenue growth expectations and a slightly lower future P/E assumption.
Analysis Article Dec 26

Nabtesco's (TSE:6268) Dividend Will Be ¥40.00

Nabtesco Corporation ( TSE:6268 ) will pay a dividend of ¥40.00 on the 27th of March. This payment means that the...
Narrative Update Dec 26

6268: Share Repurchases And Planned Business Split Will Support Stable Earnings

Analysts have raised their price target for Nabtesco slightly to reflect a modestly lower discount rate and stable long term growth and profitability assumptions. This results in an updated fair value estimate of ¥3,555.45 per share, which is in line with the prior target.
Analysis Article Dec 12

Nabtesco (TSE:6268) Will Pay A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend of ¥40.00 per share on the 27th of March...
Narrative Update Dec 12

6268: Earnings Mix Shift And Share Cancellation Will Support Steady Returns

Analysts have raised their price target on Nabtesco from ¥3,451.74 to ¥4,400.00. This reflects expectations of higher future profitability supported by a modestly increased discount rate and a richer assumed valuation multiple, despite slightly lower revenue growth assumptions.
Analysis Article Nov 28

Nabtesco (TSE:6268) Is Due To Pay A Dividend Of ¥40.00

The board of Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend on the 27th of March, with...
Narrative Update Nov 27

6268: Repurchase Activity And Steady Margins Will Balance Business Split Effects

Analysts have marginally raised their price target for Nabtesco, increasing it from ¥3,528.18 to ¥3,555.45. This change reflects slight adjustments in model assumptions, including lower revenue growth forecasts and a modest increase in the discount rate.
Analysis Article Nov 26

Market Participants Recognise Nabtesco Corporation's (TSE:6268) Earnings

With a price-to-earnings (or "P/E") ratio of 25.8x Nabtesco Corporation ( TSE:6268 ) may be sending very bearish...
Analysis Article Nov 11

Nabtesco's (TSE:6268) Dividend Will Be ¥40.00

The board of Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend on the 27th of March, with...
Narrative Update Nov 06

6268: Profit Margin Outlook Will Offset Impact Of Business Split

Analysts have raised their price target for Nabtesco from ¥3,374 to ¥3,528, citing an improved profit margin outlook, which offsets slower revenue growth. What's in the News Nabtesco revised its consolidated earnings guidance for the year ending December 31, 2025.
Analysis Article Oct 28

Nabtesco (TSE:6268) Has Announced A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) will pay a dividend of ¥40.00 on the 27th of March. This means that the annual...
Narrative Update Oct 23

Analysts Lift Nabtesco Price Target Amid Buyback Program and Improved Revenue Forecasts

Analysts have raised their price target for Nabtesco to ¥3,374 from ¥3,283, citing modest improvements in projected revenue growth and profit margins. What's in the News Nabtesco completed the repurchase of 1,796,100 shares for ¥5,638.62 million, representing 1.49% of issued shares, as part of its buyback program.
Analysis Article Oct 06

Here's What's Concerning About Nabtesco's (TSE:6268) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Narrative Update Sep 26

Smart Automation And Precision Gears Will Drive Success

Despite a decline in consensus revenue growth forecasts, a notable improvement in net profit margin has driven analysts to raise Nabtesco’s fair value estimate, reflected in the higher price target of ¥3283. What's in the News Raised full-year guidance: net sales now expected at JPY 344,000 million, operating income at JPY 22,300 million, and net income at JPY 14,600 million, all above previous forecasts.
Narrative Update Sep 11

Smart Automation And Precision Gears Will Drive Success

Despite a reduction in consensus revenue growth forecasts and a modest increase in future P/E, Nabtesco's analyst price target has been slightly raised from ¥3083 to ¥3155. What's in the News Nabtesco raised its consolidated earnings guidance for the year ending December 31, 2025, forecasting higher net sales, operating income, and net income compared to previous estimates.
Analysis Article Aug 30

Nabtesco (TSE:6268) Has Announced A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend of ¥40.00 per share on the 27th of March...
Narrative Update Aug 27

Smart Automation And Precision Gears Will Drive Success

Despite softer consensus revenue growth expectations, an improvement in Nabtesco's net profit margin has led analysts to raise their fair value estimate, with the price target increasing from ¥2,909 to ¥2,985. What's in the News Nabtesco raised its consolidated earnings guidance for FY2025, now expecting net sales of JPY 344,000 million, operating income of JPY 22,300 million, and net income of JPY 14,600 million, all above previous forecasts.
Narrative Update Aug 06

Smart Automation And Precision Gears Will Drive Success

Despite a notable downgrade in revenue growth forecasts and a higher future P/E multiple, analysts have raised Nabtesco’s fair value, increasing the consensus price target from ¥2,753 to ¥2,909. What's in the News Nabtesco announced a share repurchase program of up to 4,000,000 shares (3.3% of issued share capital) for ¥10,000 million, aiming to enhance shareholder value and capital efficiency; repurchased shares will be cancelled.
Analysis Article Aug 05

Nabtesco Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

TSE:6268 1 Year Share Price vs Fair Value Explore Nabtesco's Fair Values from the Community and select yours It's been...
Analysis Article Jul 29

Nabtesco Corporation's (TSE:6268) Earnings Haven't Escaped The Attention Of Investors

Nabtesco Corporation's ( TSE:6268 ) price-to-earnings (or "P/E") ratio of 31.7x might make it look like a strong sell...
Analysis Article Jun 17

Nabtesco (TSE:6268) Will Be Hoping To Turn Its Returns On Capital Around

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article May 09

Nabtesco (TSE:6268) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Shareholders appeared to be happy with Nabtesco Corporation's ( TSE:6268 ) solid earnings report last week. According...
Analysis Article May 04

Nabtesco (TSE:6268) Is Paying Out A Dividend Of ¥40.00

Nabtesco Corporation's ( TSE:6268 ) investors are due to receive a payment of ¥40.00 per share on 1st of September...
Analysis Article May 02

Nabtesco Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Investors in Nabtesco Corporation ( TSE:6268 ) had a good week, as its shares rose 5.2% to close at JP¥2,252 following...
Analysis Article Apr 27

Nabtesco Corporation's (TSE:6268) Popularity With Investors Is Clear

Nabtesco Corporation's ( TSE:6268 ) price-to-earnings (or "P/E") ratio of 25.4x might make it look like a strong sell...
Analysis Article Apr 11

Nabtesco's (TSE:6268) Dividend Will Be ¥40.00

The board of Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend of ¥40.00 per share on the 1st...
Analysis Article Apr 03

Nabtesco Corporation's (TSE:6268) Intrinsic Value Is Potentially 57% Above Its Share Price

Key Insights The projected fair value for Nabtesco is JP¥3,581 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Mar 18

Returns On Capital Signal Tricky Times Ahead For Nabtesco (TSE:6268)

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...
User avatar
New Narrative Feb 23

Reviving Potential And Evolving Excellence Will Drive Future Success By FY 2027

The midterm plan focusing on profitability, smart motion control, and diversification aims to boost revenue, operating margins, and earnings growth.
Analysis Article Feb 14

Nabtesco Corporation Just Beat EPS By 6.5%: Here's What Analysts Think Will Happen Next

There's been a notable change in appetite for Nabtesco Corporation ( TSE:6268 ) shares in the week since its full-year...
Analysis Article Jan 09

Shareholders Should Be Pleased With Nabtesco Corporation's (TSE:6268) Price

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider...
Analysis Article Dec 02

Nabtesco (TSE:6268) Is Due To Pay A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend of ¥40.00 per share on the 27th of March...
Analysis Article Nov 29

Nabtesco (TSE:6268) Will Want To Turn Around Its Return Trends

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Nov 11

Nabtesco (TSE:6268) Has Affirmed Its Dividend Of ¥40.00

The board of Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend on the 27th of March, with...
Analysis Article Nov 07

Earnings Troubles May Signal Larger Issues for Nabtesco (TSE:6268) Shareholders

A lackluster earnings announcement from Nabtesco Corporation ( TSE:6268 ) last week didn't sink the stock price. We...
Analysis Article Nov 04

Nabtesco Corporation Recorded A 5.7% Miss On Revenue: Analysts Are Revisiting Their Models

Nabtesco Corporation ( TSE:6268 ) came out with its quarterly results last week, and we wanted to see how the business...
Analysis Article Oct 20

Nabtesco (TSE:6268) Has Announced A Dividend Of ¥40.00

The board of Nabtesco Corporation ( TSE:6268 ) has announced that it will pay a dividend of ¥40.00 per share on the...
Analysis Article Sep 04

Here's Why Nabtesco (TSE:6268) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 04

Nabtesco (TSE:6268) Will Pay A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) will pay a dividend of ¥40.00 on the 27th of March. This means the annual payment is...
Analysis Article Aug 20

With Nabtesco Corporation (TSE:6268) It Looks Like You'll Get What You Pay For

With a price-to-earnings (or "P/E") ratio of 31x Nabtesco Corporation ( TSE:6268 ) may be sending very bearish signals...
Analysis Article Aug 05

Nabtesco (TSE:6268) Will Pay A Dividend Of ¥40.00

Nabtesco Corporation ( TSE:6268 ) will pay a dividend of ¥40.00 on the 27th of March. This makes the dividend yield...

Shareholder Returns

6268JP MachineryJP Market
7D17.6%5.5%2.9%
1Y115.1%50.1%43.8%

Return vs Industry: 6268 exceeded the JP Machinery industry which returned 50.1% over the past year.

Return vs Market: 6268 exceeded the JP Market which returned 43.8% over the past year.

Price Volatility

Is 6268's price volatile compared to industry and market?
6268 volatility
6268 Average Weekly Movement8.5%
Machinery Industry Average Movement6.0%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.3%
10% least volatile stocks in JP Market2.4%

Stable Share Price: 6268's share price has been volatile over the past 3 months compared to the JP market.

Volatility Over Time: 6268's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
20038,472Kazumasa Kimurawww.nabtesco.com

Nabtesco Corporation manufactures and sells industrial robot parts, construction machinery, railway vehicle brake systems, and automatic doors, aircraft parts, automobile brakes and drive controls, marine, and platform safety products in Japan and internationally. It offers precision reduction gear for component and gear head types; hydraulic equipment, such as traveling units for crawlers, control valves for mini excavators, and swing units for hydraulic excavators; railroad vehicle equipment, such as unit brakes, door operators, and brake operating units; and aircraft equipment comprising flight control actuation systems and high-voltage electric power distribution units. The company also provides air dryers and wedge brake chambers for commercial vehicles, and electric compressors for electric buses; marine vessel equipment; automatic doors and platform doors for buildings; prosthetic knee joints; rollators with speed control systems; and power assist units for wheelchairs.

Nabtesco Corporation Fundamentals Summary

How do Nabtesco's earnings and revenue compare to its market cap?
6268 fundamental statistics
Market capJP¥622.65b
Earnings (TTM)JP¥16.44b
Revenue (TTM)JP¥319.91b
37.9x
P/E Ratio
1.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6268 income statement (TTM)
RevenueJP¥319.91b
Cost of RevenueJP¥220.46b
Gross ProfitJP¥99.44b
Other ExpensesJP¥83.01b
EarningsJP¥16.44b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 31, 2026

Earnings per share (EPS)140.24
Gross Margin31.08%
Net Profit Margin5.14%
Debt/Equity Ratio14.9%

How did 6268 perform over the long term?

See historical performance and comparison

Dividends

1.5%
Current Dividend Yield
58%
Payout Ratio

Does 6268 pay a reliable dividends?

See 6268 dividend history and benchmarks
When do you need to buy 6268 by to receive an upcoming dividend?
Nabtesco dividend dates
Ex Dividend DateJun 29 2026
Dividend Pay DateAug 31 2026
Days until Ex dividend11 days
Days until Dividend pay date74 days

Does 6268 pay a reliable dividends?

See 6268 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 22:57
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Nabtesco Corporation is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenjin HottaBofA Global Research
Graeme McDonaldCitigroup Inc
Morten PaulsenCLSA