TSE:9101

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Nippon Yusen Kabushiki Kaisha

Executive Summary

Nippon Yusen Kabushiki Kaisha provides sea, land, and air transportation services worldwide.


Snowflake Analysis

Acceptable track record and slightly overvalued.


Similar Companies

Share Price & News

How has Nippon Yusen Kabushiki Kaisha's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9101's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.0%

9101

6.4%

JP Shipping

5.7%

JP Market


1 Year Return

-5.5%

9101

-9.5%

JP Shipping

3.7%

JP Market

Return vs Industry: 9101 exceeded the JP Shipping industry which returned -7.7% over the past year.

Return vs Market: 9101 underperformed the JP Market which returned 2.4% over the past year.


Shareholder returns

9101IndustryMarket
7 Day7.0%6.4%5.7%
30 Day8.8%6.4%8.4%
90 Day0.6%-4.7%4.2%
1 Year-3.0%-5.5%-7.2%-9.5%6.4%3.7%
3 Year-22.5%-26.4%-34.6%-37.5%6.4%-1.0%
5 Year-53.0%-56.4%-48.0%-51.7%10.4%-1.7%

Price Volatility Vs. Market

How volatile is Nippon Yusen Kabushiki Kaisha's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nippon Yusen Kabushiki Kaisha undervalued compared to its fair value and its price relative to the market?

8.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 9101 (¥1553) is trading above our estimate of fair value (¥1521.82)

Significantly Below Fair Value: 9101 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9101 is good value based on its PE Ratio (8.4x) compared to the Shipping industry average (9x).

PE vs Market: 9101 is good value based on its PE Ratio (8.4x) compared to the JP market (15x).


Price to Earnings Growth Ratio

PEG Ratio: 9101 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 9101 is overvalued based on its PB Ratio (0.6x) compared to the JP Shipping industry average (0.5x).


Next Steps

Future Growth

How is Nippon Yusen Kabushiki Kaisha forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

7.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9101's forecast earnings growth (7.6% per year) is above the savings rate (0.05%).

Earnings vs Market: 9101's earnings (7.6% per year) are forecast to grow slower than the JP market (12% per year).

High Growth Earnings: 9101's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9101's revenue (1.5% per year) is forecast to grow slower than the JP market (3.1% per year).

High Growth Revenue: 9101's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9101's Return on Equity is forecast to be low in 3 years time (6.8%).


Next Steps

Past Performance

How has Nippon Yusen Kabushiki Kaisha performed over the past 5 years?

-0.06%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9101 has high quality earnings.

Growing Profit Margin: 9101 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 9101 has become profitable over the past 5 years, growing earnings by -0.06% per year.

Accelerating Growth: 9101 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 9101 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (-17.4%).


Return on Equity

High ROE: 9101's Return on Equity (7.2%) is considered low.


Next Steps

Financial Health

How is Nippon Yusen Kabushiki Kaisha's financial position?


Financial Position Analysis

Short Term Liabilities: 9101's short term assets (¥442.4B) do not cover its short term liabilities (¥473.6B).

Long Term Liabilities: 9101's short term assets (¥442.4B) do not cover its long term liabilities (¥960.8B).


Debt to Equity History and Analysis

Debt Level: 9101's debt to equity ratio (190.4%) is considered high.

Reducing Debt: 9101's debt to equity ratio has increased from 122.9% to 190.4% over the past 5 years.

Debt Coverage: 9101's debt is not well covered by operating cash flow (12.3%).

Interest Coverage: 9101's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Nippon Yusen Kabushiki Kaisha's current dividend yield, its reliability and sustainability?

2.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9101's dividend (2.58%) is higher than the bottom 25% of dividend payers in the JP market (1.47%).

High Dividend: 9101's dividend (2.58%) is low compared to the top 25% of dividend payers in the JP market (3.4%).


Stability and Growth of Payments

Stable Dividend: 9101's dividend payments have been volatile in the past 10 years.

Growing Dividend: 9101's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.3%), 9101's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Hitoshi Nagasawa (61yo)

0.92

Tenure

Mr. Hitoshi Nagasawa has been President & President of Corporate Officer of Nippon Yusen Kabushiki Kaisha since June 19, 2019 and has been its Executive Chief of ESG Management since 2020. Mr. Nagasawa was ...


Leadership Team

NamePositionTenureCompensationOwnership
Tadaaki Naito
Chairman & Chairman Corporate Officer0.92yrno data0.0071% ¥18.6m
Hitoshi Nagasawa
President0.92yrno data0.0065% ¥17.1m
Eiichi Takahashi
Senior Managing Corporate Officer3.92yrsno data0.0024% ¥6.2m
Tomoyuki Koyama
Sr. Managing Corporate Officer0.33yrno datano data
Yutaka Higurashi
Managing Corporate Officer0.33yrno datano data
Yasumi Kudo
Special Advisor0.92yrno datano data
Tom Boardley
Managing Director of Liner Operations for Europeno datano datano data
Yoshiyuki Yoshida
Director5.33yrsno data0.0047% ¥12.4m
Svein Steimler
Managing Corporate Officer0.33yrno datano data
Hiroki Harada
Senior Managing Corporate Officer0.92yrno data0.0012% ¥3.1m

0.9yrs

Average Tenure

62yo

Average Age

Experienced Management: 9101's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Tadaaki Naito
Chairman & Chairman Corporate Officer0.92yrno data0.0071% ¥18.6m
Hitoshi Nagasawa
President0.92yrno data0.0065% ¥17.1m
Eiichi Takahashi
Senior Managing Corporate Officer3.92yrsno data0.0024% ¥6.2m
Yoshiyuki Yoshida
Director5.33yrsno data0.0047% ¥12.4m
Hiroki Harada
Senior Managing Corporate Officer0.92yrno data0.0012% ¥3.1m
Hiroshi Hiramatsu
Audit & Supervisory Board Member2.92yrsno data0.0053% ¥14.0m
Koichi Chikaraishi
Director8.33yrsno datano data
Yoshihiro Katayama
Chief Outside Director3.92yrsno data0.0042% ¥10.9m
Hiroko Kuniya
Independent Outside Director2.92yrsno data0.0012% ¥3.1m
Eiichi Tanabe
Outside Director0.92yrno datano data

3.4yrs

Average Tenure

62yo

Average Age

Experienced Board: 9101's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nippon Yusen Kabushiki Kaisha's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Yusen Kabushiki Kaisha
  • Ticker: 9101
  • Exchange: TSE
  • Founded: 1885
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: JP¥261.941b
  • Shares outstanding: 168.67m
  • Website: https://www.nyk.com

Number of Employees


Location

  • Nippon Yusen Kabushiki Kaisha
  • 3-2, Marunouchi 2-chome
  • Chiyoda-ku
  • Tokyo
  • 100-0005
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPNY.YOTCPK (Pink Sheets LLC)SPON ADR 2006USUSDMar 1991
NYKADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
9101TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
NYUK.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992

Biography

Nippon Yusen Kabushiki Kaisha provides sea, land, and air transportation services worldwide. The company offers various logistics services, including liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services. It also provides bulk shipping services comprising transport services for finished automobiles, heavy construction machines, and used cars; transportation services for bulk freight, which include iron ore, coal, and wood chips; and transportation services for crude oil, petroleum products, petrochemical products and other liquid chemicals, liquefied natural gas, and ammonia for oil, petrochemical, and energy companies. In addition, the company is involved in the upstream areas of the supply chain for oil and natural gas. Further, it operates Asuka II, a luxury cruise ship; and manages commercial and residential buildings. The company was founded in 1885 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 15:59
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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 here.