Noritsu Koki Past Earnings Performance

Past criteria checks 4/6

Noritsu Koki has been growing earnings at an average annual rate of 10%, while the Industrials industry saw earnings growing at 47.2% annually. Revenues have been growing at an average rate of 6.3% per year. Noritsu Koki's return on equity is 3.8%, and it has net margins of 8.8%.

Key information

10.0%

Earnings growth rate

9.9%

EPS growth rate

Industrials Industry Growth	47.2%
Revenue growth rate	6.3%
Return on equity	3.8%
Net Margin	8.8%
Next Earnings Update	13 Feb 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Noritsu Koki makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:NKOK.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 23	89,642	7,910	16,862	4,622
30 Jun 23	83,448	6,328	15,764	4,622
31 Mar 23	76,689	3,885	14,884	4,622
31 Dec 22	73,515	3,996	13,890	4,622
30 Sep 22	73,317	6,288	14,650	4,628
30 Jun 22	73,622	6,051	15,132	4,628
31 Mar 22	74,035	5,879	15,484	4,628
31 Dec 21	75,326	5,974	16,052	4,628
31 Dec 20	57,368	6,601	13,669	3,396
30 Sep 20	58,557	4,750	19,163	238
30 Jun 20	60,017	1,315	20,270	238
31 Mar 20	65,114	-77	21,400	238
31 Dec 19	64,364	689	21,872	551
30 Sep 19	64,966	528	22,467	551
30 Jun 19	64,020	2,345	22,951	551
31 Mar 19	63,924	3,840	23,146	551
31 Dec 18	64,054	8,581	23,778	1,554
30 Sep 18	62,151	7,993	22,953	1,554
30 Jun 18	59,972	8,275	21,814	1,554
31 Mar 18	57,089	8,907	21,053	1,554
31 Dec 17	54,197	5,933	19,603	1,521
30 Sep 17	52,355	5,952	18,957	1,521
30 Jun 17	51,731	5,307	19,140	1,521
31 Mar 17	50,045	4,479	18,602	1,521
31 Dec 16	36,880	7,411	13,621	258
30 Sep 16	38,844	91	14,921	258
30 Jun 16	40,118	662	15,526	258
31 Mar 16	43,243	816	17,304	258
31 Dec 15	59,782	-4,604	24,079	493
30 Sep 15	57,961	2,378	24,077	493
30 Jun 15	56,884	1,808	24,485	493
31 Mar 15	54,488	1,029	24,547	493
31 Dec 14	53,019	946	24,471	642
30 Sep 14	53,587	614	24,400	642
30 Jun 14	53,997	328	24,284	642
31 Mar 14	55,084	1,324	23,986	642
31 Dec 13	50,820	751	22,268	874
30 Sep 13	43,921	730	19,434	874
30 Jun 13	36,344	1,370	15,627	874
31 Mar 13	27,379	417	11,636	874

Quality Earnings: NKOK.F has a high level of non-cash earnings.

Growing Profit Margin: NKOK.F's current net profit margins (8.8%) are higher than last year (8.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NKOK.F's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: NKOK.F's earnings growth over the past year (25.8%) exceeds its 5-year average (10% per year).

Earnings vs Industry: NKOK.F earnings growth over the past year (25.8%) exceeded the Industrials industry 1.3%.

Return on Equity

High ROE: NKOK.F's Return on Equity (3.8%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/11 16:56
End of Day Share Price	2023/11/14 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Noritsu Koki Co., Ltd. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Morten Paulsen	CLSA
Satoshi Sakae	Daiwa Securities Co. Ltd.
Hiroshi Ubukata	Marusan Securities Co. Ltd.