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THE NIPPON ROAD Co., Ltd.

THE NIPPON ROAD Co., Ltd.

1884.T
THE NIPPON ROAD Co., Ltd.JP flagTokyo Stock Exchange
2,512.00
JPY
+1.00
- -
110.38BMarket Cap
THE NIPPON ROAD Co., Ltd.
1884.T
(Tokyo Stock Exchange)

Recent

price

2,512.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3,187.78
2,882.84
3,050.71
3,228.16
3,577.62
3,614.76
3,223.05
3,056.85
3,200.75
3,328.62
3,383.34
3,590.74
3,558.52
3,535.15
3,653.19
3,738.86
1,975.29
Revenue per Share
83.19
46.98
48.39
88.42
123.07
164.22
111.53
101.26
32.97
103.53
154.54
172.9
128.96
129.8
115
143.92
81.79
Basic EPS, GAAP
134.47
-24.06
105.91
83.72
142.02
64.25
91.48
90.5
53.01
0.84
0.18
68.49
-40.03
174.06
-127.81
276.43
- -
Free Cash Flow per Basic Share
7.99
13.98
13.98
13.99
19.99
32
49.99
33.99
29.99
29.99
40
36
52
41.98
55.99
59.99
- -
Dividend per Share
922.07
955.19
989.72
1,064.34
1,168.09
1,292.7
1,354.31
1,422.66
1,425.62
1,499.34
1,613.88
1,750.98
1,791.22
1,879.19
1,938.45
2,022.19
1,929.88
Book Value per Share
1,216.42
1,245.93
1,277.79
1,350.82
1,463.61
1,622.89
1,685.22
1,760.25
1,757.75
1,832.24
1,934.06
2,087.04
2,131.85
2,160.86
2,231.11
2,338.15
2,230.36
Tangible Book Value per Share
44
44
44
44
44
44
44
44
44
44
44
44
44
44
44
44
44
Basic Weighted Avg Shares
140,484
127,028
134,408
142,173
157,467
159,053
141,782
134,364
140,689
146,293
148,698
157,795
156,379
155,352
160,518
164,293
86,223
Sales/Revenue/Turnover
4.9
3.02
3.11
4.2
5.88
6.89
6.97
5.42
4.79
5.31
5.05
6.83
5.25
3.67
4.88
6.02
5.82
Operating Margin (%)
2,956
2,848
2,696
3,447
3,558
3,183
3,383
3,624
3,770
3,739
3,758
4,018
3,857
3,450
3,627
3,968
- -
Depreciation Expense
3,666
2,070
2,132
3,894
5,417
7,226
4,906
4,451
1,449
4,550
6,792
7,598
5,667
5,704
5,053
6,324
3,570
Net Income, GAAP
43.8
41.67
46.84
39.22
40.02
36.4
39.82
35.07
64.25
36.48
27.62
31.61
33.47
33.85
35.12
33.08
33.75
Effective Tax Rate (%)
2.61
1.63
1.59
2.74
3.44
4.54
3.46
3.31
1.03
3.11
4.57
4.82
3.62
3.67
3.15
3.85
4.14
Profit Margin (%)
35,022
29,780
33,160
37,840
42,730
47,659
44,152
49,231
49,591
51,426
55,152
55,536
59,040
65,843
68,612
73,300
68,832
Working Capital
12,199
4,660
6,600
9,760
8,720
9,580
4,140
6,600
9,700
8,700
9,500
4,200
5,200
6,600
8,700
9,600
9,700
LT Debt
53,950
55,277
56,680
59,851
64,776
71,708
74,609
77,868
77,756
81,002
85,484
92,232
95,004
96,909
100,213
104,758
99,393
Total Equity
5.69
3.2
3.2
5.12
7.37
8.52
6.88
5.34
2.69
5.41
5.71
7.29
5.19
3.57
4.67
5.78
3.09
Return on Invested Capital (%)
7.13
3.97
4.06
7.09
9.15
11.22
7.16
6.27
1.98
6.15
8.7
9.07
6.52
6.48
5.48
6.53
3.84
Return on Capital (%)
9.4
5
4.98
8.61
11.02
13.35
8.43
7.29
2.31
7.08
9.93
10.28
7.28
7.07
6.02
7.27
4.31
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
1,000
- -
200
LT Borrowings
8,700
- -
9,700
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
- -
44
Market Capitalization
83,574
79,008
75,123

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
109,042
- -
104,312
Cash, Cash Equivalents & STI
33,601
- -
33,703
Accounts Receivable, Net
56,613
- -
52,867
Inventories
1,381
- -
1,346
Total Current Liabilities
40,430
- -
35,480
Payables & Accruals
- -
- -
- -
ST Debt
1,000
- -
200
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.88%
4.17%
4.54%
Free Cash Flow
3,616.5%
7,268.4%
-316.29%
Net Income, GAAP
15.53%
0.17%
25.15%
Sales/Revenue/Turnover
0.45%
2.05%
2.35%
Total Cash Common Dividend
- -
11.13%
7.15%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,296
38,999
44,034
42,189
160,518
2025
- -
- -
- -
- -
164,293
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.11
- -
- -
- -
115
2025
- -
- -
- -
- -
143.92
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
55.99
2025
- -
- -
- -
- -
59.99
2026
- -
- -
- -
- -
- -
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Business
THE NIPPON ROAD Co., Ltd. engages primarily in general construction, construction design, supervision, and management services in Japan and internationally. The company offers road construction and paving work; general civil engineering work; general building construction; construction of environmental facilities; construction of sport and leisure facilities; sale and manufacture of asphalt mixture materials including specialized products such as Ameni-Phalt S series for low noise and drainage pavement, Hard Guss Asphalt, Stone Mastic Asphalt, Foamed Mastic Seal, and Omnicourt systems; and consulting business, complemented by segments in manufacturing and sales of paving materials like emulsions, leasing of automobiles and office equipment, real estate, software development, and sports facilities management. Founded on March 10, 1929, and headquartered at 7F, Seavans South Building, 2-3 Shibaura 1-chome, Minato-ku, Tokyo 105-0023, Japan, it operates through 10 branches, 90 business offices, 85 asphalt mixture centers, and 43 subsidiaries, with annual turnover of 164 billion yen as of March 31, 2025. Recent major developments include Shimizu Corporation's completion of a tender offer acquiring a 49.89% stake on June 25, 2025, at JPY 2,520 per share, positioning Shimizu as the principal shareholder and leading to plans for share consolidation and delisting procedures via an extraordinary shareholders' meeting on September 12, 2025; additionally, the company signed a definitive agreement on June 30, 2025, to acquire MCC Sports Co., Ltd. from Mitsubishi Chemical Corporation, with expected completion by November 4, 2025, expanding its sports facilities operations.