Announcement • Jun 03
Nippi,Incorporated to Report Q1, 2027 Results on Aug 07, 2026 Nippi,Incorporated announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • May 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.4% 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. Reported Earnings • May 20
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥993 (up from JP¥854 in FY 2025). Revenue: JP¥47.3b (down 3.8% from FY 2025). Net income: JP¥2.83b (up 15% from FY 2025). Profit margin: 6.0% (up from 5.0% in FY 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Industrials 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 increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Nippi,Incorporated, Annual General Meeting, Jun 26, 2026 Nippi,Incorporated, Annual General Meeting, Jun 26, 2026. Announcement • May 10
Nippi,Incorporated to Report Fiscal Year 2026 Results on May 15, 2026 Nippi,Incorporated announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥633 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥198 (vs JP¥269 in 3Q 2025) Third quarter 2026 results: EPS: JP¥198 (down from JP¥269 in 3Q 2025). Revenue: JP¥11.7b (down 6.5% from 3Q 2025). Net income: JP¥563.0m (down 27% from 3Q 2025). Profit margin: 4.8% (down from 6.2% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Industrials industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 26
Nippi,Incorporated to Report Q3, 2026 Results on Feb 10, 2026 Nippi,Incorporated announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Nov 09
Dividend of JP¥633 announced Shareholders will receive a dividend of JP¥633. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 29% 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. The company's earnings per share (EPS) would need to decline by 29% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥153 (vs JP¥126 in 2Q 2025) Second quarter 2026 results: EPS: JP¥153 (up from JP¥126 in 2Q 2025). Revenue: JP¥11.7b (down 5.1% from 2Q 2025). Net income: JP¥440.0m (up 22% from 2Q 2025). Profit margin: 3.7% (up from 2.9% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 18
Nippi,Incorporated (TSE:7932) announces an Equity Buyback for 110,000 shares, representing 3.83% for ¥1,000 million. Nippi,Incorporated (TSE:7932) announces a share repurchase program. Under the program, the company will repurchase up to 110,000 shares, representing 3.83% of its issued share capital, for ¥1,000 million. The purpose of the program is to to improve capital efficiency and enhance shareholder returns. The program will be valid till March 31, 2026. As of June 30, 2025, the company has 2,875,635 issued shares (excluding treasury stock) and 13,365 treasury shares. Announcement • Sep 02
Nippi,Incorporated to Report Q2, 2026 Results on Nov 07, 2025 Nippi,Incorporated announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥317 (vs JP¥260 in 1Q 2025) First quarter 2026 results: EPS: JP¥317 (up from JP¥260 in 1Q 2025). Revenue: JP¥12.3b (down 2.8% from 1Q 2025). Net income: JP¥911.0m (up 22% from 1Q 2025). Profit margin: 7.4% (up from 5.9% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 13
Nippi,Incorporated to Report Q1, 2026 Results on Aug 08, 2025 Nippi,Incorporated announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥854 (vs JP¥886 in FY 2024) Full year 2025 results: EPS: JP¥854 (down from JP¥886 in FY 2024). Revenue: JP¥49.1b (flat on FY 2024). Net income: JP¥2.46b (down 3.6% from FY 2024). Profit margin: 5.0% (down from 5.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Nippi,Incorporated, Annual General Meeting, Jun 26, 2025 Nippi,Incorporated, Annual General Meeting, Jun 26, 2025. New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.1% 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: Major Risk Earnings have declined by 6.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥6,550, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 13x in the Industrials industry in Japan. Total returns to shareholders of 119% over the past three years. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.3b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.3b market cap, or US$98.0m). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥220 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.3%). Announcement • Mar 11
Nippi,Incorporated to Report Fiscal Year 2025 Results on May 15, 2025 Nippi,Incorporated announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥269 (vs JP¥143 in 3Q 2024) Third quarter 2025 results: EPS: JP¥269 (up from JP¥143 in 3Q 2024). Revenue: JP¥12.5b (flat on 3Q 2024). Net income: JP¥773.0m (up 88% from 3Q 2024). Profit margin: 6.2% (up from 3.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Dec 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.6b market cap, or US$99.7m). Announcement • Nov 30
Nippi,Incorporated to Report Q3, 2025 Results on Feb 07, 2025 Nippi,Incorporated announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Nov 11
Dividend of JP¥220 announced Dividend of JP¥220 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% 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. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥126 (vs JP¥272 in 2Q 2024) Second quarter 2025 results: EPS: JP¥126 (down from JP¥272 in 2Q 2024). Revenue: JP¥12.4b (flat on 2Q 2024). Net income: JP¥361.0m (down 54% from 2Q 2024). Profit margin: 2.9% (down from 6.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
Nippi,Incorporated to Report Q2, 2025 Results on Nov 08, 2024 Nippi,Incorporated announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥260 (vs JP¥207 in 1Q 2024) First quarter 2025 results: EPS: JP¥260 (up from JP¥207 in 1Q 2024). Revenue: JP¥12.6b (up 4.8% from 1Q 2024). Net income: JP¥748.0m (up 26% from 1Q 2024). Profit margin: 5.9% (up from 4.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 06
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at JP¥5,390. The fair value is estimated to be JP¥4,313, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 3.2%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥5,050, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 13x in the Industrials industry in Japan. Total returns to shareholders of 55% over the past three years. Announcement • Jun 02
Nippi,Incorporated to Report Q1, 2025 Results on Aug 08, 2024 Nippi,Incorporated announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥886 (vs JP¥406 in FY 2023) Full year 2024 results: EPS: JP¥886 (up from JP¥406 in FY 2023). Revenue: JP¥49.0b (up 9.5% from FY 2023). Net income: JP¥2.55b (up 118% from FY 2023). Profit margin: 5.2% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
Nippi,Incorporated, Annual General Meeting, Jun 26, 2024 Nippi,Incorporated, Annual General Meeting, Jun 26, 2024. New Risk • Apr 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.4b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.3%). Announcement • Mar 02
Nippi,Incorporated to Report Fiscal Year 2024 Results on May 15, 2024 Nippi,Incorporated announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥143 (vs JP¥10.43 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥143 (up from JP¥10.43 loss in 3Q 2023). Revenue: JP¥12.4b (up 8.8% from 3Q 2023). Net income: JP¥411.0m (up JP¥441.0m from 3Q 2023). Profit margin: 3.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,760, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 14x in the Industrials industry in Japan. Total returns to shareholders of 54% over the past three years. Announcement • Nov 27
Nippi,Incorporated to Report Q3, 2024 Results on Feb 07, 2024 Nippi,Incorporated announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥272 (vs JP¥141 in 2Q 2023) Second quarter 2024 results: EPS: JP¥272 (up from JP¥141 in 2Q 2023). Revenue: JP¥12.4b (up 7.5% from 2Q 2023). Net income: JP¥781.0m (up 92% from 2Q 2023). Profit margin: 6.3% (up from 3.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. New Risk • Nov 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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 Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥14.5b market cap, or US$96.1m). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,050, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 16x in the Industrials industry in Japan. Total returns to shareholders of 40% over the past three years. Announcement • Aug 24
Nippi,Incorporated to Report Q2, 2024 Results on Nov 08, 2023 Nippi,Incorporated announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥207 (vs JP¥148 in 1Q 2023) First quarter 2024 results: EPS: JP¥207 (up from JP¥148 in 1Q 2023). Revenue: JP¥12.0b (up 11% from 1Q 2023). Net income: JP¥596.0m (up 40% from 1Q 2023). Profit margin: 4.9% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • May 28
Nippi,Incorporated to Report Q1, 2024 Results on Aug 08, 2023 Nippi,Incorporated announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥406 (vs JP¥398 in FY 2022) Full year 2023 results: EPS: JP¥406 (up from JP¥398 in FY 2022). Revenue: JP¥44.8b (up 14% from FY 2022). Net income: JP¥1.17b (up 2.2% from FY 2022). Profit margin: 2.6% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥10.43 loss per share (vs JP¥62.93 profit in 3Q 2022) Third quarter 2023 results: JP¥10.43 loss per share (down from JP¥62.93 profit in 3Q 2022). Revenue: JP¥11.4b (up 16% from 3Q 2022). Net loss: JP¥30.0m (down 117% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Nov 30
Nippi,Incorporated to Report Q3, 2023 Results on Feb 08, 2023 Nippi,Incorporated announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥141 (vs JP¥98.75 in 2Q 2022) Second quarter 2023 results: EPS: JP¥141 (up from JP¥98.75 in 2Q 2022). Revenue: JP¥11.5b (up 20% from 2Q 2022). Net income: JP¥406.0m (up 43% from 2Q 2022). Profit margin: 3.5% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue. 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 2% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (9 non-independent directors). Full-Time Corporate Auditor Yasushi Yoshida was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥141 (vs JP¥98.75 in 2Q 2022) Second quarter 2023 results: EPS: JP¥141 (up from JP¥98.75 in 2Q 2022). Revenue: JP¥11.5b (up 20% from 2Q 2022). Net income: JP¥406.0m (up 43% from 2Q 2022). Profit margin: 3.5% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue. 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 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥148 (vs JP¥142 in 1Q 2022) First quarter 2023 results: EPS: JP¥148 (up from JP¥142 in 1Q 2022). Revenue: JP¥10.9b (up 12% from 1Q 2022). Net income: JP¥425.0m (up 4.4% from 1Q 2022). Profit margin: 3.9% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Announcement • Jun 29
Nippi,Incorporated to Report Q1, 2023 Results on Aug 08, 2022 Nippi,Incorporated announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥398 (vs JP¥1,467 in FY 2021) Full year 2022 results: EPS: JP¥398 (down from JP¥1,467 in FY 2021). Revenue: JP¥39.3b (up 11% from FY 2021). Net income: JP¥1.14b (down 73% from FY 2021). Profit margin: 2.9% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Nippi,Incorporated, Annual General Meeting, Jun 29, 2022 Nippi,Incorporated, Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (9 non-independent directors). Full-Time Corporate Auditor Yasushi Yoshida was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Nippi,Incorporated to Report Fiscal Year 2022 Results on May 13, 2022 Nippi,Incorporated announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥62.93 (up from JP¥38.25 in 3Q 2021). Revenue: JP¥9.88b (up 7.0% from 3Q 2021). Net income: JP¥181.0m (up 65% from 3Q 2021). Profit margin: 1.8% (up from 1.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥98.75 (vs JP¥82.40 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥9.61b (up 14% from 2Q 2021). Net income: JP¥284.0m (up 20% from 2Q 2021). Profit margin: 3.0% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥142 (vs JP¥1,353 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥9.75b (up 13% from 1Q 2021). Net income: JP¥407.0m (down 90% from 1Q 2021). Profit margin: 4.2% (down from 45% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥1,467 (vs JP¥442 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥35.6b (down 16% from FY 2020). Net income: JP¥4.22b (up 232% from FY 2020). Profit margin: 12% (up from 3.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (0.8%). Announcement • Mar 04
Nippi,Incorporated to Report Fiscal Year 2021 Results on May 14, 2021 Nippi,Incorporated announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 19
New 90-day low: JP¥3,700 The company is down 4.0% from its price of JP¥3,845 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 16% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥38.25 (vs JP¥56.32 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.24b (down 13% from 3Q 2020). Net income: JP¥110.0m (down 32% from 3Q 2020). Profit margin: 1.2% (down from 1.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 04
New 90-day high: JP¥4,035 The company is up 16% from its price of JP¥3,480 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 2.0% over the same period. Reported Earnings • Nov 18
Second quarter 2021 earnings released: EPS JP¥82.40 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥8.44b (down 22% from 2Q 2020). Net income: JP¥237.0m (down 36% from 2Q 2020). Profit margin: 2.8% (down from 3.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 11
New 90-day high: JP¥3,780 The company is up 8.0% from its price of JP¥3,500 on 13 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 14% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥82.40 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥8.44b (down 22% from 2Q 2020). Net income: JP¥237.0m (down 36% from 2Q 2020). Profit margin: 2.8% (down from 3.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 23
New 90-day high: JP¥3,675 The company is up 7.0% from its price of JP¥3,440 on 22 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 13% over the same period. Announcement • Aug 22
Nippi,Incorporated to Report Q2, 2021 Results on Nov 09, 2020 Nippi,Incorporated announced that they will report Q2, 2021 results on Nov 09, 2020 Announcement • Jul 05
Nippi,Incorporated to Report Q1, 2021 Results on Aug 12, 2020 Nippi,Incorporated announced that they will report Q1, 2021 results on Aug 12, 2020 
