The Nisshin OilliO Group,Ltd.

TSE:2602 Stock Report

Market Cap: JP¥162.6b

Nisshin OilliO GroupLtd Future Growth

Future criteria checks 0/6

Nisshin OilliO GroupLtd's earnings are forecast to decline at 6.8% per annum while its annual revenue is expected to grow at 4.3% per year. EPS is expected to decline by 7% per annum. Return on equity is forecast to be 8.6% in 3 years.

Key information

-6.8%

Earnings growth rate

-7.01%

EPS growth rate

Food earnings growth9.2%
Revenue growth rate4.3%
Future return on equity8.56%
Analyst coverage

Low

Last updated07 Aug 2025

Recent future growth updates

Recent updates

Nisshin OilliO GroupLtd's (TSE:2602) Earnings Are Of Questionable Quality

Nov 18
Nisshin OilliO GroupLtd's (TSE:2602) Earnings Are Of Questionable Quality

The Nisshin OilliO Group,Ltd.'s (TSE:2602) Share Price Is Matching Sentiment Around Its Earnings

Oct 03
The Nisshin OilliO Group,Ltd.'s (TSE:2602) Share Price Is Matching Sentiment Around Its Earnings

Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Jul 23
Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

Jul 09
Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

The Nisshin OilliO Group,Ltd. (TSE:2602) Might Not Be As Mispriced As It Looks

Jun 18
The Nisshin OilliO Group,Ltd. (TSE:2602) Might Not Be As Mispriced As It Looks

Nisshin OilliO GroupLtd's (TSE:2602) Problems Go Beyond Weak Profit

Feb 19
Nisshin OilliO GroupLtd's (TSE:2602) Problems Go Beyond Weak Profit

Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Sep 27
Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

Aug 27
Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

Nisshin OilliO GroupLtd's (TSE:2602) Profits Appear To Have Quality Issues

Aug 16
Nisshin OilliO GroupLtd's (TSE:2602) Profits Appear To Have Quality Issues

Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00

Aug 13
Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00

Returns On Capital At Nisshin OilliO GroupLtd (TSE:2602) Have Stalled

Aug 02
Returns On Capital At Nisshin OilliO GroupLtd (TSE:2602) Have Stalled

The Nisshin OilliO Group,Ltd.'s (TSE:2602) Intrinsic Value Is Potentially 55% Above Its Share Price

Jul 18
The Nisshin OilliO Group,Ltd.'s (TSE:2602) Intrinsic Value Is Potentially 55% Above Its Share Price

Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00

Mar 22
Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00

An Intrinsic Calculation For The Nisshin OilliO Group,Ltd. (TSE:2602) Suggests It's 44% Undervalued

Mar 14
An Intrinsic Calculation For The Nisshin OilliO Group,Ltd. (TSE:2602) Suggests It's 44% Undervalued

Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00

Feb 27
Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00

Earnings and Revenue Growth Forecasts

TSE:2602 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028611,70018,800N/AN/A1
3/31/2027600,00017,700N/AN/A1
3/31/2026584,90016,800N/AN/A1
9/30/2025539,62923,838-16,87310,679N/A
6/30/2025534,46024,364-17,96510,695N/A
3/31/2025530,87812,8505,69221,166N/A
12/31/2024527,24513,4902,44119,330N/A
9/30/2024519,87214,6921,24717,467N/A
6/30/2024513,28915,23611,64225,872N/A
3/31/2024513,54115,14821,95236,715N/A
12/31/2023522,01514,01939,21650,198N/A
9/30/2023535,78311,34930,63540,304N/A
6/30/2023547,08111,79913,92223,652N/A
3/31/2023556,56511,157-6,834398N/A
12/31/2022544,23612,236-22,298-14,573N/A
9/30/2022513,07011,081-29,966-22,083N/A
6/30/2022475,82710,175-34,428-26,133N/A
3/31/2022432,7788,595-36,769-26,631N/A
12/31/2021398,3757,588-40,750-27,831N/A
9/30/2021370,0228,972-23,243-8,241N/A
6/30/2021350,4228,681-12,8001,703N/A
3/31/2021336,3069,244-7,8136,340N/A
12/31/2020328,3728,7652,75514,589N/A
9/30/2020327,4059,2773,55014,245N/A
6/30/2020329,7769,2143,82816,166N/A
3/31/2020333,4168,29310,47922,421N/A
12/31/2019335,9739,4607,63119,530N/A
9/30/2019338,4218,79211,93024,452N/A
6/30/2019342,3039,359N/A16,633N/A
3/31/2019343,0599,044N/A20,718N/A
12/31/2018346,3969,795N/A16,666N/A
9/30/2018343,4998,297N/A7,365N/A
6/30/2018340,5076,967N/A7,170N/A
3/31/2018337,9986,930N/A5,667N/A
12/31/2017337,5526,146N/A4,001N/A
9/30/2017336,6387,076N/A15,329N/A
6/30/2017331,0898,199N/A19,759N/A
3/31/2017324,9097,569N/A13,697N/A
12/31/2016321,0667,564N/A19,180N/A
9/30/2016321,7456,395N/A13,282N/A
6/30/2016326,4475,648N/A9,172N/A
3/31/2016327,8365,296N/A6,800N/A
12/31/2015329,8065,070N/A7,308N/A
9/30/2015332,1744,416N/A10,932N/A
6/30/2015329,1873,307N/A3,207N/A
3/31/2015329,2673,447N/A12,705N/A
12/31/2014333,2122,954N/A15,800N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2602's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: 2602's earnings are forecast to decline over the next 3 years (-6.8% per year).

High Growth Earnings: 2602's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 2602's revenue (4.3% per year) is forecast to grow slower than the JP market (4.5% per year).

High Growth Revenue: 2602's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2602's Return on Equity is forecast to be low in 3 years time (8.6%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 14:43
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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

The Nisshin OilliO Group,Ltd. is covered by 4 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
Satoshi TanakaDaiwa Securities Co. Ltd.
Ryozo MinagawaNomura Securities Co. Ltd.
Yoshiyasu OkihiraSMBC NIKKO