Board Change • Aug 07
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). External Corporate Auditor Toshiyuki Sekine is the most experienced director on the board, commencing their role in 2022. Outside Independent Director Tatsuhiko Toshita was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 01
First quarter 2027 earnings released: EPS: JP¥8.13 (vs JP¥39.62 loss in 1Q 2026) First quarter 2027 results: EPS: JP¥8.13 (up from JP¥39.62 loss in 1Q 2026). Revenue: JP¥3.17b (up 12% from 1Q 2026). Net income: JP¥11.0m (up JP¥64.0m from 1Q 2026). Profit margin: 0.3% (up from net loss in 1Q 2026). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Duyuru • Jul 01
Nihon Seikan k.k. to Report Q1, 2027 Results on Jul 31, 2026 Nihon Seikan k.k. announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • May 06
Full year 2026 earnings released: JP¥257 loss per share (vs JP¥250 loss in FY 2025) Full year 2026 results: JP¥257 loss per share (further deteriorated from JP¥250 loss in FY 2025). Revenue: JP¥11.4b (up 1.6% from FY 2025). Net loss: JP¥346.0m (loss widened 3.3% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Duyuru • Apr 30
Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026 Nihon Seikan k.k., Annual General Meeting, Jun 29, 2026. Duyuru • Apr 21
Nihon Seikan k.k. to Report Fiscal Year 2026 Results on Apr 30, 2026 Nihon Seikan k.k. announced that they will report fiscal year 2026 results on Apr 30, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 6.5% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: JP¥42.89 loss per share (vs JP¥570 loss in 3Q 2025) Third quarter 2026 results: JP¥42.89 loss per share (improved from JP¥570 loss in 3Q 2025). Revenue: JP¥3.01b (up 7.8% from 3Q 2025). Net loss: JP¥58.0m (loss narrowed 92% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Duyuru • Dec 18
Nihon Seikan k.k. to Report Q3, 2026 Results on Jan 30, 2026 Nihon Seikan k.k. announced that they will report Q3, 2026 results on Jan 30, 2026 New Risk • Nov 16
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥1.70b market cap, or US$11.0m). Board Change • Nov 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. External Corporate Auditor Toshiyuki Sekine is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 02
Second quarter 2026 earnings released: EPS: JP¥24.42 (vs JP¥86.44 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥24.42 (up from JP¥86.44 loss in 2Q 2025). Revenue: JP¥2.96b (up 13% from 2Q 2025). Net income: JP¥33.0m (up JP¥149.0m from 2Q 2025). Profit margin: 1.1% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Duyuru • Sep 01
Nihon Seikan k.k. to Report Q2, 2026 Results on Oct 31, 2025 Nihon Seikan k.k. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: JP¥39.62 loss per share (vs JP¥38.56 profit in 1Q 2025) First quarter 2026 results: JP¥39.62 loss per share (down from JP¥38.56 profit in 1Q 2025). Revenue: JP¥2.84b (down 16% from 1Q 2025). Net loss: JP¥53.0m (down 202% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Duyuru • Jun 27
Nihon Seikan k.k. to Report Q1, 2026 Results on Jul 31, 2025 Nihon Seikan k.k. announced that they will report Q1, 2026 results on Jul 31, 2025 New Risk • May 21
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥1.88b market cap, or US$13.1m). Reported Earnings • May 01
Full year 2025 earnings released: JP¥250 loss per share (vs JP¥200 profit in FY 2024) Full year 2025 results: JP¥250 loss per share (down from JP¥200 profit in FY 2024). Revenue: JP¥11.3b (down 8.1% from FY 2024). Net loss: JP¥335.0m (down 224% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Duyuru • Apr 30
Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025 Nihon Seikan k.k., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 01
Third quarter 2025 earnings released: JP¥570 loss per share (vs JP¥68.37 profit in 3Q 2024) Third quarter 2025 results: JP¥570 loss per share (down from JP¥68.37 profit in 3Q 2024). Revenue: JP¥2.79b (down 13% from 3Q 2024). Net loss: JP¥763.0m (down JP¥856.0m from profit in 3Q 2024). 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 4% per year, which means it is well ahead of earnings. Duyuru • Jan 03
Nihon Seikan k.k. to Report Q3, 2025 Results on Jan 31, 2025 Nihon Seikan k.k. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: JP¥86.44 loss per share (vs JP¥27.91 profit in 2Q 2024) Second quarter 2025 results: JP¥86.44 loss per share (down from JP¥27.91 profit in 2Q 2024). Revenue: JP¥2.61b (down 9.8% from 2Q 2024). Net loss: JP¥116.0m (down 405% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Nov 07
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: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥1.87b market cap, or US$12.2m). Duyuru • Sep 18
Nihon Seikan k.k. to Report Q2, 2025 Results on Nov 05, 2024 Nihon Seikan k.k. announced that they will report Q2, 2025 results on Nov 05, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥2.36b market cap, or US$16.8m). Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: JP¥38.56 (vs JP¥79.02 in 1Q 2024) First quarter 2025 results: EPS: JP¥38.56 (down from JP¥79.02 in 1Q 2024). Revenue: JP¥3.36b (up 8.3% from 1Q 2024). Net income: JP¥52.0m (down 51% from 1Q 2024). Profit margin: 1.5% (down from 3.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Jul 11
Nihon Seikan k.k. to Report Q1, 2025 Results on Aug 01, 2024 Nihon Seikan k.k. announced that they will report Q1, 2025 results on Aug 01, 2024 Buy Or Sell Opportunity • Jun 06
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to JP¥1,662. The fair value is estimated to be JP¥1,383, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 2.6%. Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥200 (vs JP¥213 in FY 2023) Full year 2024 results: EPS: JP¥200 (down from JP¥213 in FY 2023). Revenue: JP¥12.2b (up 12% from FY 2023). Net income: JP¥271.0m (down 6.2% from FY 2023). Profit margin: 2.2% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Mar 30
Nihon Seikan k.k. to Report Fiscal Year 2024 Results on Apr 30, 2024 Nihon Seikan k.k. announced that they will report fiscal year 2024 results on Apr 30, 2024 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 29% and the cash payout ratio is 87%. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%). New Risk • Feb 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m). Market cap is less than US$100m (JP¥2.56b market cap, or US$17.5m). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥68.37 (vs JP¥99.04 in 3Q 2023) Third quarter 2024 results: EPS: JP¥68.37 (down from JP¥99.04 in 3Q 2023). Revenue: JP¥3.22b (up 16% from 3Q 2023). Net income: JP¥93.0m (down 31% from 3Q 2023). Profit margin: 2.9% (down from 4.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Duyuru • Jan 06
Nihon Seikan k.k. to Report Q3, 2024 Results on Jan 31, 2024 Nihon Seikan k.k. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥27.90 (vs JP¥21.26 in 2Q 2023) Second quarter 2024 results: EPS: JP¥27.90 (up from JP¥21.26 in 2Q 2023). Revenue: JP¥2.90b (up 10% from 2Q 2023). Net income: JP¥38.0m (up 31% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Duyuru • Sep 21
Nihon Seikan k.k. to Report Q2, 2024 Results on Oct 31, 2023 Nihon Seikan k.k. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥79.02 (vs JP¥22.94 in 1Q 2023) First quarter 2024 results: EPS: JP¥79.02 (up from JP¥22.94 in 1Q 2023). Revenue: JP¥3.10b (up 15% from 1Q 2023). Net income: JP¥107.0m (up 245% from 1Q 2023). Profit margin: 3.5% (up from 1.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Duyuru • Jun 28
Nihon Seikan k.k. to Report Q1, 2024 Results on Jul 31, 2023 Nihon Seikan k.k. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 03
Full year 2023 earnings released: EPS: JP¥213 (vs JP¥174 in FY 2022) Full year 2023 results: EPS: JP¥213 (up from JP¥174 in FY 2022). Revenue: JP¥10.9b (up 4.3% from FY 2022). Net income: JP¥289.0m (up 23% from FY 2022). Profit margin: 2.6% (up from 2.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,550, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Packaging industry in Japan. Total returns to shareholders of 104% over the past three years. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥99.04 (vs JP¥58.98 in 3Q 2022) Third quarter 2023 results: EPS: JP¥99.04 (up from JP¥58.98 in 3Q 2022). Revenue: JP¥2.78b (up 1.5% from 3Q 2022). Net income: JP¥135.0m (up 69% from 3Q 2022). Profit margin: 4.9% (up from 2.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 30
Nihon Seikan k.k. to Report Q3, 2023 Results on Jan 31, 2023 Nihon Seikan k.k. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Sayoko Miyairi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥21.26 (vs JP¥21.35 in 2Q 2022) Second quarter 2023 results: EPS: JP¥21.26 (down from JP¥21.35 in 2Q 2022). Revenue: JP¥2.63b (up 7.2% from 2Q 2022). Net income: JP¥29.0m (flat on 2Q 2022). Profit margin: 1.1% (down from 1.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 02
Nihon Seikan k.k. (TSE:5905) announces an Equity Buyback for 12,000 shares, representing 0.88% for ¥16 million. Nihon Seikan k.k. (TSE:5905) announces a share repurchase program. Under the program, the company will repurchase 12,000 shares, representing 0.88% of its share capital, for ¥16 million. The company will repurchase its shares in order to improve capital efficiency, prepare for a flexible capital policy, and enable the implementation of a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of September 30, 2022, the company had 1,366,065 shares outstanding (excluding treasury shares) and 25,935 shares in treasury. Duyuru • Sep 01
Nihon Seikan k.k. to Report Q2, 2023 Results on Oct 31, 2022 Nihon Seikan k.k. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Aug 02
First quarter 2023 earnings released: EPS: JP¥22.94 (vs JP¥69.39 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.94 (down from JP¥69.39 in 1Q 2022). Revenue: JP¥2.70b (down 1.5% from 1Q 2022). Net income: JP¥31.0m (down 67% from 1Q 2022). Profit margin: 1.2% (down from 3.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 06
Nihon Seikan k.k. to Report Q1, 2023 Results on Aug 01, 2022 Nihon Seikan k.k. announced that they will report Q1, 2023 results on Aug 01, 2022 Duyuru • May 04
Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022 Nihon Seikan k.k., Annual General Meeting, Jun 29, 2022. Reported Earnings • May 04
Full year 2022 earnings released: EPS: JP¥174 (vs JP¥219 in FY 2021) Full year 2022 results: EPS: JP¥174 (down from JP¥219 in FY 2021). Revenue: JP¥10.5b (down 4.7% from FY 2021). Net income: JP¥236.0m (down 21% from FY 2021). Profit margin: 2.3% (down from 2.7% in FY 2021). 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 4% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 12 non-independent directors. Executive Chairman Keitaro Baba was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Duyuru • Apr 08
Nihon Seikan k.k. to Report Fiscal Year 2022 Results on May 02, 2022 Nihon Seikan k.k. announced that they will report fiscal year 2022 results on May 02, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥58.98 (down from JP¥112 in 3Q 2021). Revenue: JP¥2.74b (up 2.3% from 3Q 2021). Net income: JP¥80.0m (down 47% from 3Q 2021). Profit margin: 2.9% (down from 5.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% 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 • Nov 02
Second quarter 2022 earnings released: EPS JP¥21.35 (vs JP¥11.78 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.45b (flat on 2Q 2021). Net income: JP¥29.0m (up 81% from 2Q 2021). Profit margin: 1.2% (up from 0.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥69.39 (vs JP¥1.48 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.74b (up 12% from 1Q 2021). Net income: JP¥94.0m (up JP¥96.0m from 1Q 2021). Profit margin: 3.4% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
Full year 2021 earnings released: EPS JP¥219 (vs JP¥46.56 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.0b (up 8.3% from FY 2020). Net income: JP¥297.0m (up 371% from FY 2020). Profit margin: 2.7% (up from 0.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%). Is New 90 Day High Low • Feb 08
New 90-day high: JP¥1,465 The company is up 44% from its price of JP¥1,019 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 3.0% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥112 (vs JP¥42.12 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.68b (down 1.2% from 3Q 2020). Net income: JP¥152.0m (up 167% from 3Q 2020). Profit margin: 5.7% (up from 2.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Dec 25
Nihon Seikan k.k. to Report Q3, 2021 Results on Feb 01, 2021 Nihon Seikan k.k. announced that they will report Q3, 2021 results on Feb 01, 2021 Is New 90 Day High Low • Dec 18
New 90-day high: JP¥1,420 The company is up 37% from its price of JP¥1,040 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥1,420, the stock is trading at a trailing P/E ratio of 25.6x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 14x in the Packaging industry in Japan. Total returns to shareholders over the past three years are 26%. Is New 90 Day High Low • Dec 03
New 90-day high: JP¥1,085 The company is up 12% from its price of JP¥969 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is flat over the same period. Duyuru • Aug 30
Nihon Seikan k.k. to Report Q2, 2021 Results on Oct 30, 2020 Nihon Seikan k.k. announced that they will report Q2, 2021 results on Oct 30, 2020 Duyuru • Jun 29
Nihon Seikan k.k. to Report Q1, 2021 Results on Jul 31, 2020 Nihon Seikan k.k. announced that they will report Q1, 2021 results on Jul 31, 2020 
