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Naikai Zosen 7018.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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8,210

-0.24%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥47.02bn

FY2017FY2026

Net income

¥2.30bn

FY2017FY2026

Free cash flow

¥11.22bn

FY2017FY2026

Shareholders' equity

¥13.51bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥47.02bn¥44.65bn¥46.38bn¥37.62bn¥33.03bn¥31.12bn¥35.07bn¥27.63bn¥29.84bn¥30.79bn
Gross profit¥4.39bn¥2.54bn¥4.26bn¥1.87bn¥1.56bn¥134.0m¥1.35bn¥1.62bn¥1.56bn¥1.74bn
Research and development¥87.0m¥134.0m¥161.0m¥177.0m¥185.0m¥140.0m¥135.0m¥159.0m¥160.0m¥179.0m
Operating income¥3.08bn¥1.42bn¥3.18bn¥766.0m¥463.0m−¥891.0m¥313.0m¥449.0m¥424.0m¥549.0m
Net income¥2.30bn¥1.02bn¥2.26bn¥737.0m¥143.0m−¥971.0m¥59.0m¥305.0m¥308.0m¥276.0m
Diluted earnings per share1,356.50600.071,334.00434.8384.36-572.7934.80179.90181.67162.79

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥47.14bn¥42.49bn¥43.82bn¥40.20bn¥36.81bn¥34.04bn¥36.08bn¥32.40bn¥29.58bn¥29.35bn
Cash and short-term investments¥12.78bn¥4.70bn¥14.80bn¥9.31bn¥16.28bn¥7.45bn¥11.37bn¥10.49bn¥7.84bn¥8.81bn
Total liabilities¥33.63bn¥31.63bn¥34.07bn¥32.77bn¥30.01bn¥27.27bn¥28.37bn¥24.44bn¥21.90bn¥21.85bn
Debt¥2.63bn¥5.68bn¥8.96bn¥9.41bn¥9.71bn¥9.98bn¥8.21bn¥8.23bn¥8.21bn¥8.33bn
Shareholders' equity¥13.51bn¥10.86bn¥9.74bn¥7.43bn¥6.79bn¥6.78bn¥7.71bn¥7.95bn¥7.68bn¥7.49bn
Shares outstanding2m2m2m2m2m2m2m2m2m2m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥12.46bn−¥5.38bn¥6.75bn−¥6.38bn¥10.78bn−¥4.10bn¥1.50bn¥3.37bn−¥162.0m−¥1.87bn
Capital spending−¥1.24bn−¥1.21bn−¥787.0m−¥1.50bn−¥1.50bn−¥1.51bn−¥530.0m−¥621.0m−¥646.0m−¥547.0m
Free cash flow¥11.22bn−¥6.58bn¥5.96bn−¥7.88bn¥9.28bn−¥5.61bn¥973.0m¥2.75bn−¥808.0m−¥2.42bn
Dividends paid−¥67.0m−¥168.0m−¥67.0m−¥33.0m—−¥50.0m−¥50.0m−¥33.0m−¥33.0m−¥34.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥12.59bn¥14.02bn¥11.34bn¥11.46bn¥10.19bn¥9.86bn¥12.00bn¥9.33bn
Gross profit¥1.62bn¥1.11bn¥1.23bn¥1.30bn¥752.0m¥511.0m¥920.0m¥649.0m
Operating income¥1.30bn¥768.0m¥917.0m¥964.0m¥427.0m¥214.0m¥565.0m¥379.0m
Net income¥886.0m¥728.0m¥488.0m¥688.0m¥395.0m¥133.0m¥527.0m¥148.0m
Diluted earnings per share522.78429.55287.94405.95233.0778.48310.9387.32
Total assets¥48.91bn¥47.14bn¥39.73bn¥41.84bn¥42.34bn¥42.49bn¥43.67bn¥43.11bn
Cash and short-term investments¥19.59bn¥12.78bn¥14.97bn¥13.32bn¥11.63bn¥4.70bn¥12.94bn¥11.90bn
Debt¥1.32bn¥2.63bn¥1.62bn¥3.51bn¥2.01bn¥5.68bn¥2.50bn¥7.30bn
Shareholders' equity¥14.27bn¥13.51bn¥12.49bn¥11.94bn¥11.18bn¥10.86bn¥10.50bn¥9.95bn

Financial ratios

Data as of 23 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin9.3%5.7%9.2%5.0%4.7%0.4%
Operating margin6.5%3.2%6.9%2.0%1.4%-2.9%
Net margin4.9%2.3%4.9%2.0%0.4%-3.1%
Return on equity17.0%9.4%23.2%9.9%2.1%-14.3%
Return on assets4.9%2.4%5.2%1.8%0.4%-2.9%
Free cash flow yield58.5%-17.8%32.2%-20.9%52.5%-11.0%
Revenue growth5.3%-3.7%23.3%13.9%6.2%-11.3%
Earnings growth126.1%-55.0%206.8%415.4%-114.7%-1745.8%
Current ratio1.10x1.08x1.14x1.07x1.08x1.15x
Debt to equity0.19x0.52x0.92x1.27x1.43x1.47x
Equity ratio28.7%25.6%22.2%18.5%18.5%19.9%
Interest coverage45.91x14.16x22.27x5.85x4.29x-7.96x
R&D as a share of sales0.2%0.3%0.3%0.5%0.6%0.4%
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.7%8.6%4.8%
Operating income58.9%—45.0%
Net income46.1%—27.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin7.6%7.4%6.2%5.7%
Operating margin4.9%4.8%3.3%2.5%
Net margin3.6%3.6%2.3%1.7%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings7.223.63.110.914.2-1.728.67.37.610.3
Price to sales0.30.50.10.20.10.10.10.10.10.1

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2021FY2020FY2019FY2018
Paid in the year140.00100.0040.0020.0030.0030.0020.0020.00
  • 10-to-1 reverse split · 27 Sept 2017
  • 1-to-1 reverse split · 1 Jan 2006

Sources and methodology

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

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