1. Japan Stocks

  2. •

    Industrials

  3. •

    Industrial - Machinery
NFK Holdings Co., Ltd.

NFK Holdings Co., Ltd.

6494.T
NFK Holdings Co., Ltd.JP flagTokyo Stock Exchange
95.00
JPY
-2.00
- -
4.63BMarket Cap
NFK Holdings Co., Ltd.
6494.T
(Tokyo Stock Exchange)

Recent

price

95.00

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
69.77
97.98
101.64
103.26
98.02
59.9
84.34
77.14
81.48
82.84
66.92
51.33
51.16
48.3
47.27
- -
23.19
Revenue per Share
-7.81
6.45
10.82
6.08
2.04
-5.73
-5.85
-0.08
3.82
-5.15
5.85
3.37
2.91
17.95
2.4
- -
3.3
Basic EPS, GAAP
-5.92
2.45
5.69
-4.63
16.03
4.04
-12.41
-1.99
-0.44
-11.88
9.45
5.36
-0.46
6.56
-0.15
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
61.84
69.54
78.07
83.15
84.19
77.46
2.21
71.53
75.36
72.19
78.76
11.78
13.5
39.55
41.95
- -
38.4
Book Value per Share
74.54
84.89
92.86
98.38
99.92
92.99
87.55
87.84
90.79
91.9
102.9
97.58
103.04
114.43
117.05
- -
111.84
Tangible Book Value per Share
30
30
31
31
31
31
31
31
31
32
35
38
42
44
44
- -
44
Basic Weighted Avg Shares
2,069
2,910
3,122
3,171
3,010
1,840
2,590
2,369
2,503
2,668
2,309
1,946
2,157
2,128
2,082
3,683
1,021
Sales/Revenue/Turnover
-13.46
6.97
9.38
7.02
2.87
-7.78
-5.38
-0.32
5.1
1.47
7.28
4.57
7.07
5.98
6.58
7.4
13.74
Operating Margin (%)
31
20
16
26
29
25
23
20
19
19
19
29
39
29
25
35
- -
Depreciation Expense
-232
191
332
187
63
-176
-180
-2
117
-166
202
128
123
791
106
84
145
Net Income, GAAP
- -
5.09
- -
15.91
31.71
- -
- -
137.56
12.91
- -
19.02
4.52
5.24
- -
31.39
46.35
2.64
Effective Tax Rate (%)
-11.19
6.58
10.64
5.89
2.08
-9.57
-6.93
-0.1
4.69
-6.22
8.74
6.57
5.69
37.17
5.07
2.28
14.22
Profit Margin (%)
1,696
2,001
2,340
2,410
2,336
2,141
2,094
1,881
1,997
2,160
2,904
1,963
1,922
3,010
3,364
5,064
3,198
Working Capital
27
12
- -
- -
- -
- -
- -
- -
- -
- -
240
240
37
31
25
498
28
LT Debt
2,217
2,525
2,856
3,029
3,075
2,861
2,691
2,703
2,797
2,966
3,556
3,704
4,347
5,042
5,157
6,540
4,928
Total Equity
- -
7.83
- -
5.89
1.8
- -
- -
0.1
3.98
- -
3.94
2.15
3.36
- -
1.8
2.34
- -
Return on Invested Capital (%)
- -
9.62
- -
7.1
2.33
- -
- -
-0.22
5.18
- -
7.62
7.04
16.3
- -
5.77
3.36
67.47
Return on Capital (%)
-11.89
9.82
14.89
7.54
2.44
-7.09
-14.68
-0.21
5.21
-7.15
8
8.08
24.15
68.43
5.88
4.44
8.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
14
- -
18
LT Borrowings
31
- -
28
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
- -
44
Market Capitalization
4,757
4,405
3,656

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
3,437
- -
3,551
Cash, Cash Equivalents & STI
2,649
- -
2,738
Accounts Receivable, Net
506
- -
499
Inventories
266
- -
270
Total Current Liabilities
427
- -
353
Payables & Accruals
- -
- -
- -
ST Debt
14
- -
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.05%
13.32%
26.82%
Free Cash Flow
-346.35%
-1,089.85%
-3,602.57%
Net Income, GAAP
-526.78%
79.39%
-20.5%
Sales/Revenue/Turnover
9.96%
13.7%
76.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
512
594
552
469
2,128
2025
- -
- -
- -
- -
2,082
2026
- -
- -
- -
- -
3,683

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
- -
- -
- -
17.95
2025
- -
- -
- -
- -
2.4
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Shuangliang Eco-Energy Systems Co.,Ltd (600481.SS)
Sino-Synergy Hydrogen Energy (9663.HK)
GFC. Ltd. (4506.TWO)
Awea mechantronic co.,ltd (1530.TW)
E&R Engineering Corp. (8027.TWO)
Polymechplast Machines Limited (POLYCHMP.BO)
Business
NFK Holdings Co., Ltd. engages in the engineering, manufacture, and sale of industrial furnace combustion equipment primarily in Japan. Its core products include industrial furnaces equipped with regenerative burners (HRS burners); burners for fired heaters, rotary kilns, and boilers; economizers; energy-saving combustion equipment; gas-fired burners; regenerators for gas turbine exhausts; and anti-corrosion glass economizers. The company also supplies incinerators for waste liquids with solid particles, halide waste incinerators, equipment for waste plastics liquefaction plants, cyclone melting furnaces for sewage sludge, acid gas incinerators, tail gas incinerators for sulfur recovery units, re-heating systems for exhaust gas desulfurization plants, deodorization plants, inert gas generating plants, reaction furnaces for various process plants, and maintenance services for boilers. Founded in 1950 and headquartered in Tokyo, Japan, NFK Holdings operates through two business segments: industrial furnace combustion equipment and management of subsidiaries, which also provide hardware and software development, electronics manufacturing services, and mechatronics design and manufacturing. The company’s products serve key industries including petroleum refineries, petrochemical plants, cement plants, and other industrial facilities, targeting industrial customers seeking energy-efficient and environmentally friendly combustion and furnace solutions. Recent major company developments include NFK Holdings' acquisition of an additional 22.78% stake in Castrico Co., Ltd., expanding its strategic investments and operational capacity in related industrial fields. The company continues to develop and market advanced combustion technologies such as its proprietary High Cycle Regenerative Combustion System (HRS burner), which reduces fuel consumption and NOx emissions significantly while enhancing furnace performance. NFK Holdings maintains a strong focus on innovation in combustion systems aligned with global environmental concerns and industrial energy efficiency demands, sustaining its leadership in industrial furnace and combustion equipment manufacturing in Japan and potentially expanding its footprint through strategic acquisitions and technology advancements.