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Nitcho 2961.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,525

+1.67%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥18.12bn

FY2019FY2025

Net income

¥601.1m

FY2019FY2025

Free cash flow

−¥887.5m

FY2019FY2025

Shareholders' equity

¥7.47bn

FY2019FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue¥18.12bn¥18.44bn¥17.64bn¥15.47bn¥17.06bn¥15.90bn¥16.16bn
Gross profit¥5.10bn¥5.30bn¥4.57bn¥4.22bn¥4.56bn¥4.24bn¥4.29bn
Research and development¥92.5m¥101.2m¥92.3m¥116.5m¥81.5m¥73.0m¥74.6m
Operating income¥844.6m¥1.06bn¥541.4m¥343.2m¥664.6m¥462.2m¥372.3m
Net income¥601.1m¥700.2m¥332.3m¥205.9m¥436.9m¥332.1m¥267.2m
Diluted earnings per share135.07157.7874.1345.34103.9874.4659.91

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total assets¥13.28bn¥14.59bn¥13.99bn¥12.74bn¥12.54bn¥12.34bn¥12.46bn
Cash and short-term investments¥3.49bn¥4.58bn¥4.52bn¥3.07bn¥3.35bn¥2.56bn¥2.07bn
Total liabilities¥5.80bn¥7.55bn¥7.47bn¥6.42bn¥6.70bn¥6.83bn¥7.17bn
Debt¥404.9m¥375.8m¥411.7m¥517.1m¥392.3m¥483.2m¥574.1m
Shareholders' equity¥7.47bn¥7.04bn¥6.52bn¥6.33bn¥5.83bn¥5.51bn¥5.29bn
Shares outstanding4m4m4m5m4m4m4m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash from operations−¥859.2m¥429.4m¥1.95bn−¥361.7m¥1.03bn¥678.7m¥443.5m
Capital spending−¥28.3m−¥136.2m−¥251.9m−¥112.9m−¥30.5m−¥31.4m−¥18.3m
Free cash flow−¥887.5m¥293.2m¥1.70bn−¥474.7m¥1.00bn¥647.3m¥425.2m
Dividends paid−¥177.5m−¥113.6m−¥136.3m−¥116.7m−¥116.8m−¥107.1m−¥116.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥2.72bn¥6.37bn¥3.30bn¥6.63bn¥2.30bn¥5.45bn¥3.74bn¥6.90bn
Gross profit¥706.8m¥1.79bn¥869.5m¥2.03bn¥642.8m¥1.55bn¥973.7m¥2.15bn
Operating income−¥448.9m¥688.4m−¥185.4m¥812.3m−¥468.3m¥508.3m−¥7.8m¥873.2m
Net income−¥321.2m¥471.7m−¥140.1m¥561.8m−¥327.8m¥352.6m¥14.5m¥607.3m
Diluted earnings per share-72.01105.75-31.48126.24-73.6679.223.28136.83
Cash from operations———−¥859.0m————
Capital spending———−¥28.0m————
Free cash flow———−¥887.0m————
Total assets¥11.40bn¥12.61bn¥12.61bn¥13.28bn¥11.66bn¥12.95bn¥13.09bn¥14.59bn
Cash and short-term investments¥2.75bn¥2.57bn¥3.13bn¥3.49bn¥3.46bn¥3.21bn¥3.86bn¥4.58bn
Debt¥120.0m¥120.0m¥230.0m¥279.9m¥230.0m¥230.0m¥230.0m¥264.0m
Shareholders' equity¥7.33bn¥7.65bn¥7.17bn¥7.47bn¥6.91bn¥7.24bn¥6.87bn¥7.04bn

Financial ratios

Data as of 14 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin28.1%28.7%25.9%27.3%26.7%26.6%
Operating margin4.7%5.7%3.1%2.2%3.9%2.9%
Net margin3.3%3.8%1.9%1.3%2.6%2.1%
Return on equity8.0%10.0%5.1%3.3%7.5%6.0%
Return on assets4.5%4.8%2.4%1.6%3.5%2.7%
Free cash flow yield-13.6%6.8%30.6%-5.6%17.3%—
Revenue growth-1.8%4.5%14.1%-9.3%7.3%-1.6%
Earnings growth-14.2%110.7%61.3%-52.9%31.5%24.3%
Current ratio2.17x1.77x1.71x1.85x1.69x1.64x
Debt to equity0.04x0.04x0.04x0.05x0.07x0.09x
Equity ratio56.3%48.2%46.6%49.7%46.5%44.7%
Interest coverage505.76x1347.25x724.78x269.63x384.49x186.15x
R&D as a share of sales0.5%0.5%0.5%0.8%0.5%0.5%
Buybacks as a share of market value-0.3%1.0%1.3%-8.1%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.4%2.6%—
Operating income35.0%12.8%—
Net income42.9%12.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin28.4%27.5%27.3%—
Operating margin5.2%4.0%3.8%—
Net margin3.6%2.6%2.5%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings9.55.89.613.95.9
Price to sales0.30.20.20.20.1

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 29 Sept 2025.

FY2026FY2025FY2024FY2023
Paid in the year37.5040.0025.0030.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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