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Nippon Air Conditioning Services Co 4658.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,391

+1.76%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥69.25bn

FY2017FY2026

Net income

¥3.69bn

FY2017FY2026

Free cash flow

¥1.32bn

FY2017FY2026

Shareholders' equity

¥30.74bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥69.25bn¥64.44bn¥58.23bn¥52.89bn¥49.89bn¥49.15bn¥49.67bn¥46.39bn¥45.47bn¥43.14bn
Gross profit¥14.91bn¥12.96bn¥10.97bn¥9.33bn¥8.81bn¥9.12bn¥9.35bn¥8.53bn¥8.20bn¥7.79bn
Research and development¥25.0m¥21.0m¥34.0m¥16.0m¥15.0m¥9.0m¥14.0m¥11.0m¥10.0m¥12.0m
Operating income¥4.76bn¥4.20bn¥3.63bn¥2.85bn¥2.62bn¥3.00bn¥3.11bn¥2.60bn¥2.48bn¥2.40bn
Net income¥3.69bn¥3.10bn¥2.73bn¥1.94bn¥2.82bn¥2.00bn¥1.90bn¥1.79bn¥1.56bn¥1.50bn
Diluted earnings per share105.8788.8578.3255.7881.1956.7252.9549.9943.6841.98

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥53.14bn¥48.57bn¥42.95bn¥37.56bn¥35.14bn¥34.91bn¥33.01bn¥33.94bn¥33.02bn¥31.94bn
Cash and short-term investments¥8.20bn¥9.00bn¥6.99bn¥6.58bn¥7.25bn¥6.69bn¥6.02bn¥7.20bn¥6.21bn¥5.40bn
Total liabilities¥22.20bn¥22.44bn¥18.73bn¥15.86bn¥14.65bn¥14.52bn¥14.55bn¥16.54bn¥16.67bn¥16.64bn
Debt¥3.20bn¥3.65bn¥1.73bn¥1.02bn¥887.0m¥1.21bn¥1.72bn¥1.78bn¥2.30bn¥2.88bn
Shareholders' equity¥30.74bn¥25.93bn¥24.04bn¥21.54bn¥20.34bn¥20.26bn¥18.35bn¥17.31bn¥16.26bn¥15.19bn
Shares outstanding35m35m35m35m35m35m36m36m36m36m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥2.76bn¥4.96bn¥2.42bn¥921.0m¥1.78bn¥2.73bn¥107.0m¥2.65bn¥2.90bn¥1.15bn
Capital spending−¥1.43bn−¥3.32bn−¥1.66bn−¥586.0m−¥312.0m−¥189.0m−¥221.0m−¥344.0m−¥276.0m−¥254.0m
Free cash flow¥1.32bn¥1.64bn¥762.0m¥335.0m¥1.47bn¥2.54bn−¥114.0m¥2.31bn¥2.62bn¥900.0m
Dividends paid−¥1.65bn−¥1.51bn−¥989.0m−¥958.0m−¥1.52bn−¥988.0m−¥949.0m−¥824.0m−¥806.0m−¥612.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥15.05bn¥22.56bn¥17.28bn¥15.51bn¥13.89bn¥20.25bn¥17.26bn¥14.18bn
Gross profit¥3.41bn¥4.96bn¥3.55bn¥3.46bn¥2.93bn¥4.06bn¥3.46bn¥3.00bn
Operating income¥1.22bn¥1.84bn¥607.0m¥1.47bn¥839.0m¥1.53bn¥866.0m¥1.23bn
Net income¥814.0m¥1.57bn¥541.0m¥1.05bn¥529.0m¥1.26bn¥664.0m¥810.0m
Diluted earnings per share23.3545.0315.5030.1015.1536.0619.0823.28
Total assets¥50.97bn¥53.14bn¥49.12bn¥46.32bn¥45.64bn¥48.57bn¥44.83bn¥42.25bn
Cash and short-term investments¥9.17bn¥8.20bn¥7.64bn¥8.41bn¥10.64bn¥9.00bn¥7.45bn¥8.76bn
Debt¥1.43bn¥3.20bn¥1.40bn¥3.41bn¥1.24bn¥3.62bn¥1.68bn¥3.98bn
Shareholders' equity¥31.58bn¥30.74bn¥28.80bn¥28.03bn¥26.01bn¥25.93bn¥24.82bn¥24.61bn

Financial ratios

Data as of 17 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin21.5%20.1%18.8%17.6%17.7%18.5%
Operating margin7.5%6.5%6.2%5.4%5.2%6.1%
Net margin5.3%4.8%4.7%3.7%5.7%4.1%
Return on equity12.0%12.0%11.3%9.0%13.9%9.9%
Return on assets6.9%6.4%6.3%5.2%8.0%5.7%
Free cash flow yield7.2%14.2%7.0%2.6%3.6%4.9%
Revenue growth7.5%10.7%10.1%6.0%1.5%-1.1%
Earnings growth19.0%13.8%40.5%-31.2%41.2%5.2%
Current ratio1.81x1.72x1.82x1.92x1.98x1.95x
Debt to equity0.10x0.14x0.07x0.05x0.04x0.06x
Equity ratio57.8%53.4%56.0%57.3%57.9%58.1%
Interest coverage147.54x150.14x453.13x356.00x327.13x333.44x
R&D as a share of sales0.0%0.0%0.1%0.0%0.0%0.0%
Buybacks as a share of market value0.1%-0.3%-0.0%-0.1%1.4%1.8%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue9.4%7.1%5.0%
Operating income18.7%9.7%7.4%
Net income23.9%13.1%14.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin20.8%19.7%19.2%18.8%
Operating margin6.7%6.3%6.1%5.9%
Net margin5.1%4.7%4.7%4.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings13.314.513.514.58.414.314.217.116.518.7
Price to sales0.70.70.60.50.50.60.50.70.60.7

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year28.5077.0044.0029.0028.0030.0028.0027.00
  • 2-for-1 split · 29 Mar 2016
  • 2-for-1 split · 27 Mar 2014

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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