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NOF 4403.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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2,504.5

-0.24%

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.

FY2026

Revenue

¥257.97bn

FY2017FY2026

Net income

¥40.55bn

FY2017FY2026

Free cash flow

¥21.47bn

FY2017FY2026

Shareholders' equity

¥295.35bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥257.97bn¥238.31bn¥222.25bn¥217.71bn¥192.64bn¥172.65bn¥180.92bn¥189.15bn¥179.94bn¥174.06bn
Gross profit¥89.09bn¥86.05bn¥80.41bn¥76.82bn¥69.86bn¥58.27bn¥59.57bn¥61.85bn¥58.74bn¥56.88bn
Research and development—¥7.93bn¥7.25bn¥6.57bn¥6.11bn¥5.76bn¥6.15bn¥6.41bn¥6.69bn¥6.63bn
Operating income¥47.41bn¥45.31bn¥42.14bn¥40.63bn¥35.60bn¥26.60bn¥26.87bn¥28.44bn¥25.82bn¥24.34bn
Net income¥40.55bn¥36.50bn¥33.99bn¥33.97bn¥26.69bn¥23.30bn¥21.14bn¥22.03bn¥19.91bn¥17.59bn
Diluted earnings per share179.55159.02143.32141.17109.2394.2584.7987.3277.9167.82

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥399.17bn¥357.20bn¥341.45bn¥309.44bn¥289.63bn¥271.54bn¥235.25bn¥244.53bn¥235.87bn¥217.13bn
Cash and short-term investments¥88.36bn¥87.06bn¥91.74bn¥92.52bn¥85.43bn¥78.67bn¥51.85bn¥40.77bn¥37.66bn¥30.08bn
Total liabilities¥102.70bn¥77.64bn¥75.54bn¥69.43bn¥67.92bn¥68.02bn¥56.53bn¥66.24bn¥66.30bn¥64.56bn
Debt¥5.14bn¥5.04bn¥5.17bn¥4.84bn¥5.63bn¥9.94bn¥9.86bn¥9.52bn¥9.84bn¥9.63bn
Shareholders' equity¥295.35bn¥278.53bn¥265.00bn¥239.18bn¥220.93bn¥202.79bn¥177.94bn¥177.50bn¥168.80bn¥151.76bn
Shares outstanding226m230m237m241m244m247m249m252m256m259m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥35.87bn¥28.98bn¥29.97bn¥23.33bn¥27.39bn¥30.73bn¥27.84bn¥19.86bn¥20.21bn¥24.02bn
Capital spending−¥14.39bn−¥16.34bn−¥17.75bn−¥6.22bn−¥7.42bn−¥5.98bn−¥7.71bn−¥5.95bn−¥6.21bn−¥5.32bn
Free cash flow¥21.47bn¥12.64bn¥12.22bn¥17.11bn¥19.98bn¥24.74bn¥20.13bn¥13.91bn¥14.00bn¥18.71bn
Dividends paid−¥11.55bn−¥9.59bn−¥9.16bn−¥7.92bn−¥6.92bn−¥6.46bn−¥7.13bn−¥6.45bn−¥4.31bn−¥3.49bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥69.01bn¥84.50bn¥64.33bn¥53.08bn¥56.06bn¥67.14bn¥60.69bn¥55.37bn
Gross profit¥21.50bn¥26.89bn¥21.25bn¥18.79bn¥22.17bn¥20.46bn¥22.18bn¥19.63bn
Operating income¥10.70bn¥15.59bn¥11.18bn¥8.80bn¥11.85bn¥9.55bn¥12.44bn¥9.79bn
Net income¥7.57bn¥14.98bn¥10.15bn¥6.81bn¥8.61bn¥8.87bn¥10.61bn¥5.97bn
Diluted earnings per share33.5266.3544.2129.6737.5138.6544.7525.16
Total assets¥382.31bn¥399.17bn¥375.02bn¥377.59bn¥371.76bn¥357.20bn¥344.91bn¥353.01bn
Cash and short-term investments¥64.85bn¥88.36bn¥75.64bn¥91.73bn¥100.18bn¥87.06bn¥79.19bn¥94.94bn
Debt¥2.20bn¥4.58bn¥2.46bn¥4.28bn¥2.36bn¥4.57bn¥1.91bn¥4.34bn
Shareholders' equity¥293.25bn¥295.35bn¥282.48bn¥282.15bn¥278.79bn¥278.53bn¥274.59bn¥276.82bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.8%8.4%4.2%
Operating income5.3%12.3%9.4%
Net income6.1%11.7%11.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin35.3%35.5%35.4%34.1%
Operating margin18.7%18.7%18.3%16.5%
Net margin15.5%15.5%15.0%13.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings15.118.915.416.516.120.620.613.916.114.9
Price to sales2.42.92.42.62.22.82.41.61.81.5

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year35.0085.0040.33338.0032.33327.33326.0028.333
  • 3-for-1 split · 28 Mar 2024
  • 2-to-1 reverse split · 27 Sept 2017

Sources and methodology

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

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