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Ad-Sol Nissin Corporation

Ad-Sol Nissin Corporation

3837.T
Ad-Sol Nissin CorporationJP flagTokyo Stock Exchange
1,460.00
JPY
-8.00
- -
24.58BMarket Cap
Ad-Sol Nissin Corporation
3837.T
(Tokyo Stock Exchange)

Recent

price

1,460.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
402.6
439.5
476.24
501.96
519.43
587.86
647.63
609.12
673.15
726.74
732.01
660.2
689.95
755.56
841.3
- -
755.85
Revenue per Share
5.4
4.41
6.8
9.95
13.18
16.25
29.6
30.66
37.95
44.99
48.66
42.31
45.21
52.55
65.81
- -
52.57
Basic EPS, GAAP
7.61
-0.63
10.64
0.98
31.52
15.19
18.33
39.57
-7.53
63.2
8.9
86.74
47.85
41.48
48.43
- -
- -
Free Cash Flow per Basic Share
0.61
1.84
2.02
2.33
3.46
5
9.21
10.51
10.95
14.93
16.98
18.5
17.97
19.51
24.69
- -
- -
Dividend per Share
92.47
95.35
103.47
112.12
119.84
128.44
119.77
62.69
69.59
74.28
253.92
277.64
303.95
337.74
345.21
- -
337.87
Book Value per Share
99.01
99.95
107.12
115.45
139.11
137.88
165.77
188.29
189.63
221.52
264.33
294.16
329.99
368.25
367.86
- -
368.38
Tangible Book Value per Share
18
18
17
17
17
18
18
18
18
18
18
19
19
19
18
- -
19
Basic Weighted Avg Shares
7,097
7,721
8,085
8,437
9,038
10,460
11,634
10,997
12,195
13,315
13,519
12,248
12,842
14,078
15,463
17,151
14,078
Sales/Revenue/Turnover
6.06
6.1
5.92
6.79
8.14
9.46
6.6
7.57
8.3
9.12
9.51
8.88
9.43
10.21
11.06
12.51
10.21
Operating Margin (%)
30
28
25
21
23
53
81
86
99
95
90
95
118
141
147
148
- -
Depreciation Expense
95
77
115
167
229
289
532
554
688
824
899
785
841
979
1,210
1,511
979
Net Income, GAAP
45.75
62.62
41.51
43.86
43.78
47.4
31.61
35.03
32.16
33.29
33.09
30.98
32.19
33.08
31.72
31.79
33.08
Effective Tax Rate (%)
1.34
1
1.43
1.98
2.54
2.76
4.57
5.03
5.64
6.19
6.65
6.41
6.55
6.95
7.82
8.81
6.95
Profit Margin (%)
1,671
1,644
1,683
1,731
1,783
2,082
2,516
2,652
2,672
2,798
3,461
3,804
4,298
4,942
4,464
4,239
4,942
Working Capital
192
117
60
20
22
150
110
70
30
88
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,764
1,769
1,833
1,964
2,455
2,652
3,131
3,498
4,001
4,555
5,332
5,969
6,676
7,291
7,075
6,948
7,291
Total Equity
11.77
8.34
13.73
15.4
16.78
17.5
15.64
14.28
16.19
16.63
15.39
12.46
12.37
12.96
15.22
19.11
12.96
Return on Invested Capital (%)
5.58
4.17
6.23
8.79
11.16
12.41
22.21
30.11
48.95
53.57
27.99
15.82
15.57
16.39
19.14
23.86
16.39
Return on Capital (%)
6
4.69
6.72
9.19
11.55
13.23
23.97
33.72
57.47
62.88
29.7
15.95
15.57
16.39
19.14
23.86
16.39
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
15,916
14,510
15,655

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
6,444
6,425
7,241
Cash, Cash Equivalents & STI
3,562
3,503
3,760
Accounts Receivable, Net
2,698
2,743
2,820
Inventories
10
14
6
Total Current Liabilities
1,730
1,568
2,299
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.33%
5.65%
-1.8%
Free Cash Flow
-6.68%
189.64%
111.7%
Net Income, GAAP
20.05%
11.88%
24.94%
Sales/Revenue/Turnover
5.32%
5.17%
10.92%
Total Cash Common Dividend
23.46%
15.36%
36.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,396
3,440
3,523
3,719
14,078
2025
- -
- -
- -
- -
15,463
2026
- -
- -
- -
- -
17,151

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.84
- -
- -
- -
52.55
2025
- -
- -
- -
- -
65.81
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19.51
2025
- -
- -
- -
- -
24.69
2026
- -
- -
- -
- -
- -
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Business
Ad-Sol Nissin Corporation develops information systems and provides solutions primarily for social infrastructure and IoT applications. Founded in 1976 and headquartered in Tokyo, Japan, the company operates through two main segments: the Social System segment, which delivers total solutions for device control and credit systems serving energy (electricity and gas), railways, aviation, communications, disaster prevention, plants, and geographic information; and the IoT System segment, which leverages OS kernel technology and embedded software development to offer solutions in security, short-distance wireless communication, location information, electric communication, energy, environment, medical care, and factory automation. Core products include ZigBee wireless communication products such as multi-hop communication standards, tag solutions for location management, communication checkers, and environment evaluation tools; power line communication software; Touch Tag electric field communication starter kits; hands-free authentication systems; energy monitoring systems for visualization; geographic information systems (GIS); and information security products, with additional services encompassing consulting, maintenance, workflow development, system integration, and full information system life cycle support targeting power/gas utilities, rail, roads, financial services, automobiles, public works, and manufacturing sectors primarily in Japan. In May 2023, the company launched its medium-term management plan "New Canvas 2026" to drive growth through digital transformation solutions focused on carbon neutrality and smart cities; it continues to emphasize co-creation with global partners and proprietary product development in IoT, GIS, and security without major acquisitions, funding rounds, or reorganizations reported in the last two years.