Nippon Carbide Industries Co., Inc.

Nippon Carbide Industries Co., Inc.

4064.T
Nippon Carbide Industries Co., Inc.JP flagTokyo Stock Exchange
3,395.00
JPY
-75.00
- -
31.66BMarket Cap
Nippon Carbide Industries Co., Inc.
4064.T
(Tokyo Stock Exchange)

Recent

price

3,395.00

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
7,847.39
6,556.96
6,201.22
6,791.38
6,968.44
6,128.7
6,046.6
6,199.64
5,942.17
5,698.89
4,966.93
5,149.89
4,683.81
4,601.34
5,233.13
5,353.91
2,353.41
Revenue per Share
433.24
65.97
56.91
57.64
-124.2
122.62
77.06
334.16
219.85
212.46
282.98
211.46
35.34
106.33
237.45
279.66
22.78
Basic EPS, GAAP
225.43
68.37
-21.25
122.13
-10.26
268.44
101.25
178.19
524.1
192.94
133.61
192.4
155.71
259.07
334.22
494.96
- -
Free Cash Flow per Basic Share
- -
17.73
19.91
19.91
19.91
19.91
19.91
19.91
29.92
39.91
38.58
63.55
59.92
65.03
89.89
80.88
- -
Dividend per Share
1,300.75
1,321.97
1,248.21
1,317
1,283.07
1,189.05
1,246.11
1,565.27
1,760.63
1,934.37
2,149.97
2,235.9
2,202.91
2,245.27
2,413.1
2,609.21
2,308.27
Book Value per Share
2,159.75
2,258.38
2,271.1
2,545.7
2,695.1
2,427.57
2,425.65
2,894.45
2,974.81
3,056.6
3,255.07
3,426.32
3,445.81
3,617.98
4,000.21
4,327.3
3,888.96
Tangible Book Value per Share
7
8
8
8
8
8
8
8
8
8
9
9
9
9
9
9
9
Basic Weighted Avg Shares
52,529
49,198
50,779
55,610
57,059
50,182
49,509
50,761
48,651
46,699
42,231
47,003
44,008
43,231
48,727
49,909
21,898
Sales/Revenue/Turnover
8.96
3.59
2.13
2.51
3.97
4.19
5.21
6.37
5.45
5.48
5.65
6.79
2.87
1.96
7.17
8.2
1.68
Operating Margin (%)
2,353
2,437
2,531
2,629
2,706
2,459
2,439
2,348
2,162
2,008
2,001
2,068
1,991
2,014
1,921
1,860
- -
Depreciation Expense
2,900
495
466
472
-1,017
1,004
631
2,736
1,800
1,741
2,406
1,930
332
999
2,211
2,607
212
Net Income, GAAP
12.78
29.38
44.71
34.54
211.28
37.79
48.38
6.65
25.63
25.67
22.22
19.26
66.75
34.78
29.16
25.33
48.94
Effective Tax Rate (%)
5.52
1.01
0.92
0.85
-1.78
2
1.27
5.39
3.7
3.73
5.7
4.11
0.75
2.31
4.54
5.22
0.97
Profit Margin (%)
-733
95
623
2,178
4,554
4,901
4,160
7,987
9,988
11,871
15,146
17,997
16,776
21,040
23,423
26,814
21,929
Working Capital
6,884
6,566
6,830
6,630
7,223
8,070
8,168
7,274
7,326
7,098
7,661
7,098
4,994
4,943
3,891
3,279
3,591
LT Debt
14,869
17,338
19,000
21,343
22,678
20,449
20,506
24,325
24,964
25,960
28,498
32,048
33,084
34,621
37,904
40,947
36,803
Total Equity
11.45
3.37
1.53
2.18
-5.79
3.07
3.19
7
4.5
4.32
4.02
5.46
0.92
1.22
5.28
6.37
0.4
Return on Invested Capital (%)
10.3
1.8
1.95
1.58
-4.5
3.07
1.65
7.89
5.2
4.61
6.27
4.9
0.81
2.56
5.94
6.89
0.45
Return on Capital (%)
46.55
5.32
4.63
4.49
-9.55
9.92
6.33
23.77
13.22
11.5
14.1
9.98
1.62
4.78
10.15
11.14
0.99
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
6,214
- -
6,111
LT Borrowings
4,943
- -
3,591
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
- -
9
Market Capitalization
17,277
18,479
15,865

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
35,721
- -
37,236
Cash, Cash Equivalents & STI
13,442
- -
13,632
Accounts Receivable, Net
12,526
- -
13,145
Inventories
9,367
- -
10,052
Total Current Liabilities
14,681
- -
15,307
Payables & Accruals
- -
- -
- -
ST Debt
6,214
- -
6,111
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.32%
7.57%
8.03%
Free Cash Flow
29.69%
36.08%
48.26%
Net Income, GAAP
53.47%
47.51%
17.91%
Sales/Revenue/Turnover
0.18%
3.66%
2.43%
Total Cash Common Dividend
- -
21.9%
-9.92%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,171
11,162
11,465
10,433
43,231
2025
- -
- -
- -
- -
48,727
2026
- -
- -
- -
- -
49,909

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76.7
- -
- -
- -
106.33
2025
- -
- -
- -
- -
237.45
2026
- -
- -
- -
- -
279.66

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
65.03
2025
- -
- -
- -
- -
89.89
2026
- -
- -
- -
- -
80.88
Business
Nippon Carbide Industries Co., Inc. manufactures and supplies a diverse range of chemical products primarily focused on functional chemicals, functional polymers, and electronic materials. Its core products include solvent-based adhesives under the NISSETSU brand used in films, optical devices, automobiles, and medical applications; semiconductor mold cleaners known as Nikalet ECR, which hold the largest global market share; ceramic substrates for electronic passive components such as chip resistors used in automotive and smartphone markets; high-functionality films featuring excellent weatherability for industrial and commercial use; stickers and retroreflective sheetings utilized in traffic signs, vehicle markings, and graphic markets. Founded in 1935, the company operates globally with significant market presence in Japan, Asia, and Europe, including specialized production of counterfeit-proof laser marking films and durable automotive stickers. In recent years, Nippon Carbide Industries has pursued strategic business reforms under its mid-term policy "BREAKTHROUGH 2024," focusing on restructuring and strengthening its corporate foundation. The company continues proactive capital investments targeting growth areas such as carbon neutrality and digital transformation (DX). It has emphasized expanding its market presence in fine carbon sectors and enhancing semiconductor-related products amid supply assurance concerns in Japan. Recent shareholder activity included a notable stake acquisition by Nomura Asset Management. The company maintains top global market shares in semiconductor mold cleaning and ceramic substrate segments, with ongoing efforts to capture growing demand in high-performance resistor substrates and reflective films. Additionally, it engages in sustainability initiatives aligned with customer SDG goals and solidifies its cost structure reform and business portfolio to sustain profitability and growth. Nippon Carbide Industries operates through multiple business segments including functional chemicals, functional polymers, electronic materials featuring semiconductor mold cleaners and ceramic substrates, and film and retroreflective sheetings. Its products serve high-tech industries such as semiconductors, electronics, automotive, and graphic applications. The company’s geographic reach spans Japan, various Asian markets, and Europe, with tailored offerings like traffic safety reflective films and automotive graphic stickers. Headquarters remain in Japan, where it maintains significant manufacturing and R&D capabilities. The firm continually adapts to market changes, leveraging decades of technological know-how to deliver specialized chemical solutions in niche industrial markets. This comprehensive portfolio and recent strategic initiatives position Nippon Carbide Industries as a key player in specialty chemicals and materials, contributing to semiconductor manufacturing, automotive safety, and environmental sustainability globally. The company’s focus on innovation, supply chain security, and global expansion supports its competitive positioning and growth trajectory in the evolving global chemical industry.