Noritz Corporation

TSE:5943 Stock Report

Market Cap: JP¥110.6b

Noritz Future Growth

Future criteria checks 0/6

Noritz's earnings are forecast to decline at 24.8% per annum while its annual revenue is expected to grow at 1.8% per year. EPS is expected to decline by 24.3% per annum. Return on equity is forecast to be 3% in 3 years.

Key information

-24.8%

Earnings growth rate

-24.34%

EPS growth rate

Consumer Durables earnings growth13.5%
Revenue growth rate1.8%
Future return on equity3.03%
Analyst coverage

Low

Last updated09 Mar 2026

Recent future growth updates

Recent updates

Analysis Article • Feb 13

Noritz Corporation's (TSE:5943) 25% Price Boost Is Out Of Tune With Earnings

Despite an already strong run, Noritz Corporation ( TSE:5943 ) shares have been powering on, with a gain of 25% in the...
Analysis Article • May 14

Noritz Corporation's (TSE:5943) Shareholders Might Be Looking For Exit

Noritz Corporation's ( TSE:5943 ) price-to-earnings (or "P/E") ratio of 20.3x might make it look like a strong sell...
Analysis Article • Apr 07

Noritz (TSE:5943) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 20

Noritz (TSE:5943) Strong Profits May Be Masking Some Underlying Issues

The recent earnings posted by Noritz Corporation ( TSE:5943 ) were solid, but the stock didn't move as much as we...
Analysis Article • Aug 05

Noritz (TSE:5943) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Earnings and Revenue Growth Forecasts

TSE:5943 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028212,5003,400N/AN/A1
12/31/2027211,4004,600N/AN/A1
12/31/2026210,0008,000N/AN/A1
3/31/2026200,8246,389N/AN/AN/A
12/31/2025202,0493,3583,7549,962N/A
9/30/2025203,6212,706N/AN/AN/A
6/30/2025204,7155,9414,70011,334N/A
3/31/2025204,5095,528N/AN/AN/A
12/31/2024202,2044,3831,6048,618N/A
9/30/2024198,2812,643N/AN/AN/A
6/30/2024198,151-547-4,0323,239N/A
3/31/2024198,142-115N/AN/AN/A
12/31/2023201,891868-9,588-1,868N/A
9/30/2023205,5873,131N/AN/AN/A
6/30/2023215,0145,3463,2978,878N/A
3/31/2023221,7976,466N/AN/AN/A
12/31/2022210,9664,800-2,0332,403N/A
9/30/2022190,7471,474N/AN/AN/A
6/30/2022179,789966-9,052-5,183N/A
3/31/2022172,4471,053N/AN/AN/A
12/31/2021178,1425,47911,81815,447N/A
9/30/2021194,3699,303N/AN/AN/A
6/30/2021194,5348,78222,17625,837N/A
3/31/2021188,3467,504N/AN/AN/A
12/31/2020183,859-3,0134,6269,415N/A
9/30/2020188,648-3,843N/AN/AN/A
6/30/2020196,250-4,299-1,6753,645N/A
3/31/2020202,267-5,300N/AN/AN/A
12/31/2019208,3961,512N/A6,138N/A
9/30/2019208,8464,550N/AN/AN/A
6/30/2019204,5573,924N/A3,621N/A
3/31/2019207,1804,748N/AN/AN/A
12/31/2018209,8685,778N/A9,046N/A
9/30/2018211,3213,445N/AN/AN/A
6/30/2018213,6823,511N/A8,308N/A
3/31/2018214,5064,498N/AN/AN/A
12/31/2017214,6485,402N/A8,376N/A
9/30/2017212,9307,021N/AN/AN/A
6/30/2017212,2485,620N/A15,718N/A
3/31/2017211,6405,812N/AN/AN/A
12/31/2016211,8724,654N/A17,238N/A
9/30/2016211,7951,036N/AN/AN/A
6/30/2016215,575-2,950N/A14,190N/A
3/31/2016218,149-4,006N/AN/AN/A
12/31/2015218,909-3,958N/A13,116N/A
9/30/2015219,747-3,401N/AN/AN/A
6/30/2015215,7622,687N/A8,207N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5943's earnings are forecast to decline over the next 3 years (-24.8% per year).

Earnings vs Market: 5943's earnings are forecast to decline over the next 3 years (-24.8% per year).

High Growth Earnings: 5943's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 5943's revenue (1.8% per year) is forecast to grow slower than the JP market (4.2% per year).

High Growth Revenue: 5943's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 5943's Return on Equity is forecast to be low in 3 years time (3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 02:42
End of Day Share Price 2026/05/18 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

Noritz Corporation is covered by 6 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
Maoki MatsunoDaiwa Securities Co. Ltd.
Yoji OtaniDeutsche Bank
Mark BrownHaitong International Research Limited