NHK Spring Co., Ltd.

NHK Spring Co., Ltd.

18.50
EUR
-0.30
(-1.60%)
2.71BMarket Cap
Nov 12Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,345.49
2,476.12
2,637.04
2,590.35
2,782.59
2,872.34
2,804.3
2,465.01
2,573.93
3,041.7
3,391
3,740.44
4,030.16
- -
Basic EPS, GAAP
101.59
98.29
88.9
103.7
86.44
29.96
19.46
40.45
140.33
94.5
173.27
224.73
137.46
- -
Free Cash Flow per Basic Share
98.63
103.51
65.34
128.28
74.77
-3.31
-45.57
11.72
45.34
-58.52
144.96
58.18
175.28
- -
Dividend per Share
18
20
21
22.08
23
24
24.01
10.09
24
30.02
34.08
55.95
72.43
- -
Book Value per Share
898.61
1,081.35
1,059.08
1,179.7
1,235.12
1,185.76
1,151.03
1,245.47
1,414.85
1,541.7
1,828.85
1,999.14
2,160.13
- -
Tangible Book Value per Share
879.39
1,060.69
1,041.35
1,165.73
1,222.09
1,173.52
1,137.49
1,232.17
1,401.55
1,527.05
1,814.15
1,983.31
2,136.43
- -
Basic Weighted Avg Shares
243
243
243
242
237
237
237
232
228
228
226
214
203
203
Sales/Revenue/Turnover
569,711
601,434
640,516
626,950
659,730
681,006
664,499
572,639
586,903
693,246
766,934
801,698
816,879
- -
Operating Margin (%)
6.58
5.44
5.47
6.48
5.39
3.91
3.12
1.83
3.64
4.16
4.52
6.51
5.6
- -
Depreciation Expense
21,042
21,448
23,582
23,137
24,141
25,001
26,408
27,498
28,300
28,879
28,671
29,324
30,454
- -
Net Income, GAAP
24,677
23,873
21,592
25,098
20,495
7,104
4,612
9,396
31,998
21,537
39,188
48,167
27,862
- -
Effective Tax Rate (%)
34.66
31.62
30.55
28.52
30.73
56.27
51.95
29.26
33.59
23.89
30.04
16.21
43.09
- -
Profit Margin (%)
4.33
3.97
3.37
4
3.11
1.04
0.69
1.64
5.45
3.11
5.11
6.01
3.41
- -
Working Capital
83,487
104,235
102,427
114,226
122,924
107,020
105,524
99,885
137,954
165,622
200,072
196,097
209,696
- -
LT Debt
41,562
38,206
28,666
31,914
36,525
33,234
33,775
26,678
21,831
28,849
34,878
34,006
26,838
- -
Total Equity
230,038
274,890
269,835
292,775
307,648
296,060
286,551
299,973
338,844
365,859
420,572
423,169
453,032
- -
Return on Invested Capital (%)
8.65
7.17
7.55
8.75
6.86
3.16
2.78
2.05
3.64
5.31
5.35
8.89
5.07
- -
Return on Capital (%)
8.49
7.43
6.33
7.18
5.3
1.52
0.99
2.4
8.1
4.99
8.72
9.66
5.42
- -
Return on Common Equity (%)
12.09
9.93
8.31
9.35
7.16
2.48
1.67
3.39
10.55
6.41
10.39
11.85
6.59
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
55,376
37,631
- -
LT Borrowings
30,334
25,401
- -
LT Finance Leases
1,278
1,437
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
203
203
Market Capitalization
- -
497,952
797,702

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
380,319
409,546
- -
Cash, Cash Equivalents & STI
99,384
108,401
- -
Accounts Receivable, Net
146,189
158,511
- -
Inventories
93,567
96,093
- -
Total Current Liabilities
193,866
199,850
- -
Payables & Accruals
- -
- -
- -
ST Debt
55,376
37,631
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.48%
8.71%
7.06%
Free Cash Flow
92.63%
-34.44%
184.93%
Net Income, GAAP
27.18%
54.11%
-42.16%
Sales/Revenue/Turnover
2.78%
7.53%
1.89%
Total Cash Common Dividend
- -
49.81%
22.43%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
801,698
2026
- -
- -
- -
- -
816,879
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
224.73
2026
- -
- -
- -
- -
137.46
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
55.95
2026
- -
- -
- -
- -
72.43
2027
- -
- -
- -
- -
- -

Company Description

CEO
Takashi Kayamoto
Full Time Employees
18,121
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
3-10, Fukuura Yokohama KN Japan 236-0004
IPO Date
Mar 3, 1954
Business
NHK Spring Co., Ltd. engages primarily in the manufacture and sale of automotive suspension springs, automotive seats and seat components, precision springs and components, and industrial machinery and equipment products. Its core products include suspension springs such as coil springs, leaf springs, stabilizers, accumulators, torsion bars, stabilizer links, and bonding bushes; automotive seats and related mechanical seating components, trim parts and interior parts; precision springs and components like hard disk drive suspensions, wire springs, flat springs, probe units for LCDs and semiconductors, and precision-processed machine components. The company also produces industrial and equipment products including ceramic products, spring mechanisms, pipe support systems, automatic parking systems, polyurethane products, metal-based printed circuit boards, security products, lighting equipment, and golf club shafts. NHK Spring leverages its proprietary spring technology across diverse industries such as automotive, information and communications, semiconductor manufacturing, and medical fields. The company was founded in 1939 and is headquartered in Japan. It operates globally with a significant focus on Japanese automotive manufacturers as key customers. NHK Spring recently undertook strategic operational changes including the decision to dissolve and liquidate certain Chinese subsidiaries (NHK Seating (Hubei) Co., Ltd. and FNK China Co., Ltd.) in response to a slowdown in sales from Japanese-owned auto manufacturers in China as part of resource concentration efforts. It is expanding its motor core business with new investments in India to enhance its automotive components portfolio. Additionally, NHK Spring developed a new hybrid conducting spring/structure series of high-performance metal springs, reflecting ongoing innovation in core technology. Financially, the company reports solid sales and profit figures, with a forecast of continued growth in net sales and operating profits for the fiscal year ending March 2026. NHK Spring operates through four main business segments: Automotive Suspension Springs, Automotive Seating, Precision Springs and Components, and Industrial Machinery and Equipment and Others. It serves a broad customer base in automotive, industrial machinery, semiconductor, and other advanced manufacturing sectors. The company emphasizes technological advancement in spring manufacturing, quality control, and integrated sales and management systems to maintain its competitive position across global markets. These latest major changes and comprehensive product offerings illustrate NHK Spring's strategic focus on core spring technologies and precision components, supported by geographic expansion and operational refinement targeting sustainable growth and enhanced customer solutions worldwide.