Nitori Holdings Co., Ltd.

Nitori Holdings Co., Ltd.

NCLTF
Nitori Holdings Co., Ltd.US flagOther OTC
13.75
USD
- -
- -
7.77BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
634.7
706.65
757.31
829.3
924.93
1,023.5
1,084.71
1,143.26
1,271.72
1,437.69
1,586.88
1,643.77
1,614.39
847.7
Basic EPS, GAAP
65.17
70.05
75.23
85.02
108.19
114.9
121.61
127.08
163.4
171.34
159.56
146.08
157.98
85.8
Free Cash Flow per Basic Share
32.63
29.3
23.03
50.08
69.98
23.02
95.45
128.7
231.74
-31.17
95.25
33.76
184.93
- -
Dividend per Share
8.49
8.99
10.68
11.78
13.98
18.38
18.78
20.76
22.17
27.21
29.58
29.58
30.58
- -
Book Value per Share
386.29
448.06
510.58
583.27
675.22
766.61
867.09
971.61
1,109.5
1,250.9
1,431.65
1,548.52
1,676.35
1,570.17
Tangible Book Value per Share
369.46
434.3
544.58
578.81
687.08
765.36
858.55
954.56
1,150.42
1,230.63
1,474.21
1,586.4
1,731.79
1,607.16
Basic Weighted Avg Shares
550
549
551
552
555
559
561
562
564
565
565
565
565
565
Sales/Revenue/Turnover
348,789
387,605
417,285
458,140
512,958
572,060
608,131
642,273
716,900
811,581
896,667
928,828
912,248
478,985
Operating Margin (%)
17.65
16.27
15.89
15.94
16.72
16.32
16.57
16.73
19.21
17.04
13.63
12.32
13.29
15.15
Depreciation Expense
9,185
10,194
10,190
10,799
12,312
13,030
14,218
16,561
17,831
26,344
61,082
66,143
69,509
- -
Net Income, GAAP
35,811
38,425
41,450
46,969
59,999
64,219
68,180
71,395
92,114
96,724
90,158
82,546
89,270
48,480
Effective Tax Rate (%)
42.86
39.18
38.61
37.01
31.63
30.79
32.15
32.05
29.52
31.78
27.78
29.71
29.9
27.98
Profit Margin (%)
10.27
9.91
9.93
10.25
11.7
11.23
11.21
11.12
12.85
11.92
10.05
8.89
9.79
10.12
Working Capital
17,268
31,108
47,987
62,392
94,458
80,606
116,026
166,526
96,405
115,186
31,312
11,026
74,401
79,205
LT Debt
10,246
6,453
4,835
3,143
2,330
10,143
7,984
10,714
7,875
56,003
30,000
20,000
10,000
29,985
Total Equity
209,764
247,898
310,531
330,968
394,778
441,668
500,192
560,861
685,392
732,813
840,698
905,734
988,568
939,026
Return on Invested Capital (%)
15.17
15.01
13.34
13.34
15.34
14.6
13.65
12.96
14.17
11.65
9.58
7.6
7.44
5.28
Return on Capital (%)
16.17
15.84
15.16
15.21
17.02
15.7
14.56
13.53
14.34
12.71
10.54
8.42
8.47
5.27
Return on Common Equity (%)
18.21
16.78
15.73
15.56
17.22
16
14.91
13.84
15.73
14.53
11.9
9.8
9.8
5.92

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
107,557
- -
104,297
LT Borrowings
30,000
- -
25,000
LT Finance Leases
674
- -
4,985
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
565
- -
565
Market Capitalization
2,628,879
1,928,332
2,436,558

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
345,893
- -
304,250
Cash, Cash Equivalents & STI
141,711
- -
134,525
Accounts Receivable, Net
91,152
- -
49,175
Inventories
105,500
- -
104,139
Total Current Liabilities
314,581
- -
225,045
Payables & Accruals
- -
- -
- -
ST Debt
107,557
- -
104,297
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.39%
12.15%
9.15%
Free Cash Flow
38.7%
-11.08%
447.8%
Net Income, GAAP
8.59%
5.39%
8.15%
Sales/Revenue/Turnover
8.23%
7.42%
-1.79%
Total Cash Common Dividend
11.78%
8.45%
3.38%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
198,310
246,932
232,053
218,504
896,667
2025
- -
- -
- -
- -
928,828
2026
- -
- -
- -
- -
912,248

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
40.55
159.56
2025
- -
- -
- -
- -
146.08
2026
- -
- -
- -
- -
157.98

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
29.58
2025
- -
- -
- -
- -
29.58
2026
- -
- -
- -
- -
30.58

Company Description

APIChatGPT
CEO
Akio Nitori
Full Time Employees
19,432
Sector
Consumer Cyclical
Industry
Specialty Retail
Address
6-20, Kamiya 3-chome Tokyo TY Japan 115-0043
IPO Date
Jul 2, 2014
Business
Nitori Holdings Co., Ltd. Nitori Holdings Co., Ltd. (Ticker: NCLTF) operates as Japan's largest furniture and home furnishing retailer, engaging in the design, manufacturing, importation, and sale of a comprehensive range of home products including furniture such as sofas, beds, tables, and storage solutions; home textiles like bedding, curtains, and linens; kitchenware; interior accessories; and decorative items, with approximately 90% of offerings comprising private-label brands developed in-house for affordability and quality. The company provides additional services encompassing interior renovation, e-commerce platforms, in-store delivery and assembly, B2B solutions, insurance agency operations, logistics through subsidiaries like Home Logistics Co., Ltd., and digital infrastructure support via Nitori Digital Base Co., Ltd., while maintaining manufacturing facilities overseas in Vietnam and Indonesia through Nitori Furniture Co., Ltd. Founded in December 1967 in Sapporo, Hokkaido, and headquartered at 6-20 Kamiya 3-chome, Kita-ku, Tokyo, Japan, Nitori Holdings primarily serves the Japanese consumer market across over 700 domestic stores, with expanding international operations in more than 70 stores in China, over 50 in Taiwan, and additional locations in Singapore, Malaysia, the Philippines, Thailand, Indonesia, South Korea, and Vietnam, targeting urban and suburban households seeking value-driven home enrichment. In recent developments, the company continues aggressive global store expansion with announcements in 2025 including its 12th store in Malaysia, 6th in the Philippines, 5th in Singapore as a global flagship, 5th in Indonesia, 5th and 6th in Korea, 4th in Vietnam as another flagship, 10th and 9th in Thailand, and 3rd in both Vietnam and Indonesia, alongside a July 2025 stock split, partial articles of incorporation amendment, revised dividend forecast, updated shareholder benefit program, director resignation in September 2025, and an updated corporate mission statement in February 2025 emphasizing worldwide home enrichment, while reporting consolidated revenues of 928.95 billion yen for the fiscal year ended March 2025.