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Nichirin Co 5184.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

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4,115

+1.23%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥73.67bn

FY2016FY2025

Net income

¥5.51bn

FY2016FY2025

Free cash flow

¥6.19bn

FY2016FY2025

Shareholders' equity

¥60.36bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue¥73.67bn¥71.36bn¥70.63bn¥64.17bn¥58.26bn¥51.51bn¥61.07bn¥62.41bn¥59.38bn¥50.99bn
Gross profit¥17.68bn¥17.66bn¥17.16bn¥15.02bn¥13.41bn¥10.67bn¥13.65bn¥15.15bn¥14.95bn¥12.29bn
Research and development——¥1.25bn¥1.29bn¥1.25bn¥1.09bn¥1.14bn¥1.13bn¥1.09bn¥1.01bn
Operating income¥9.06bn¥9.18bn¥9.62bn¥7.68bn¥6.84bn¥4.31bn¥6.22bn¥8.45bn¥8.52bn¥6.62bn
Net income¥5.51bn¥6.17bn¥5.92bn¥4.58bn¥4.78bn¥2.38bn¥3.93bn¥4.64bn¥4.88bn¥3.64bn
Diluted earnings per share418.01468.59437.71325.69338.62167.09276.14323.74340.33253.96

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets¥88.11bn¥82.98bn¥77.94bn¥72.54bn¥67.96bn¥60.12bn¥60.33bn¥57.55bn¥55.66bn¥48.89bn
Cash and short-term investments¥23.62bn¥21.19bn¥20.59bn¥18.35bn¥17.06bn¥12.76bn¥13.75bn¥15.73bn¥16.49bn¥13.10bn
Total liabilities¥19.99bn¥19.12bn¥19.59bn¥19.60bn¥20.68bn¥19.86bn¥20.46bn¥19.88bn¥20.91bn¥19.79bn
Debt¥2.13bn¥1.52bn¥1.47bn¥2.51bn¥3.54bn¥3.54bn¥2.43bn¥1.71bn¥2.54bn¥2.87bn
Shareholders' equity¥60.36bn¥56.77bn¥51.46bn¥46.22bn¥40.72bn¥34.92bn¥33.80bn¥32.15bn¥29.52bn¥24.61bn
Shares outstanding13m13m14m14m14m14m14m14m14m14m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations¥8.42bn¥8.67bn¥9.91bn¥6.77bn¥6.35bn¥2.86bn¥5.13bn¥7.76bn¥7.23bn¥5.67bn
Capital spending−¥2.22bn−¥4.12bn−¥3.33bn−¥2.17bn−¥1.69bn−¥2.59bn−¥5.33bn−¥5.39bn−¥2.48bn−¥1.77bn
Free cash flow¥6.19bn¥4.55bn¥6.58bn¥4.60bn¥4.67bn¥269.0m−¥199.0m¥2.37bn¥4.75bn¥3.90bn
Dividends paid−¥2.41bn−¥2.33bn−¥1.44bn−¥1.17bn−¥969.0m−¥640.0m−¥789.0m−¥689.0m−¥397.0m−¥353.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥21.46bn¥20.80bn¥19.15bn¥18.79bn¥17.43bn¥18.30bn¥17.89bn¥17.19bn
Gross profit¥4.69bn¥5.00bn¥4.46bn¥4.28bn¥4.38bn¥4.61bn¥4.67bn¥4.22bn
Operating income¥2.37bn¥2.83bn¥2.12bn¥2.02bn¥2.34bn¥2.57bn¥2.37bn¥1.93bn
Net income¥1.19bn¥1.70bn¥1.40bn¥1.10bn¥1.44bn¥1.58bn¥1.91bn¥435.0m
Diluted earnings per share90.37129.22105.9883.31109.01119.70144.9633.03
Total assets¥90.97bn¥87.63bn¥88.11bn¥83.29bn¥82.21bn¥79.25bn¥82.98bn¥77.93bn
Cash and short-term investments¥23.66bn¥22.16bn¥23.62bn¥20.65bn¥21.11bn¥21.30bn¥21.19bn¥19.04bn
Debt¥374.0m¥287.0m¥286.0m¥316.0m¥383.0m¥426.0m¥550.0m¥623.0m
Shareholders' equity¥62.83bn¥61.33bn¥60.36bn¥56.94bn¥55.94bn¥54.95bn¥56.77bn¥52.58bn

Financial ratios

Data as of 15 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin24.0%24.8%24.3%23.4%23.0%20.7%——
Operating margin12.3%12.9%13.6%12.0%11.7%8.4%——
Net margin7.5%8.6%8.4%7.1%8.2%4.6%——
Return on equity9.1%10.9%11.5%9.9%11.7%6.8%——
Return on assets6.3%7.4%7.6%6.3%7.0%4.0%——
Free cash flow yield19.5%23.5%23.7%15.4%13.8%9.3%——
Revenue growth3.2%1.0%10.1%10.1%13.1%-15.7%——
Earnings growth-10.6%4.3%29.2%-4.2%100.9%-39.4%——
Current ratio4.01x3.79x3.47x3.35x3.07x2.70x——
Debt to equity0.00x0.01x0.02x0.04x0.07x0.08x——
Equity ratio68.5%68.4%66.0%63.7%59.9%58.1%——
Interest coverage110.50x3061.33x320.67x170.62x155.48x73.07x——
R&D as a share of sales——1.8%2.0%2.1%2.1%1.9%1.8%
Buybacks as a share of market value-0.2%2.5%3.9%0.4%0.9%-0.2%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.7%7.4%3.8%
Operating income5.7%16.0%4.6%
Net income6.4%18.3%5.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin24.4%24.1%23.5%23.6%
Operating margin12.6%12.7%12.0%12.2%
Net margin8.1%7.9%7.5%7.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings8.87.37.55.54.910.07.15.88.95.3
Price to sales0.70.60.60.40.40.50.50.40.70.4

Dividends and splits

Per share, in the currency the company pays

Paid for 33 years. Last went ex-dividend on 29 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year95.00266.00173.00104.0083.0068.0045.0055.00
  • 1.3-for-1 split · 27 Dec 2017
  • 1.1-for-1 split · 26 Sept 2014

Sources and methodology

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

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