NHK Spring Co., Ltd.

NHK Spring Co., Ltd.

NHKGF
NHK Spring Co., Ltd.US flagOther OTC
24.51
USD
- -
- -
4.97BMarket Cap
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
3,041.69
3,391
3,740.44
4,030.16
1,864.57
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
114.42
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
744.88
811.03
878.93
963.67
1,038.3
1,033.46
1,030.02
1,080.99
1,217.89
1,282.91
1,432.02
1,607.57
1,764.93
1,565.77
Tangible Book Value per Share
927.84
1,111.07
1,093.19
1,195.97
1,284.56
1,236.48
1,195.85
1,278.23
1,472.73
1,590.69
1,845.16
1,959.29
2,211.4
1,939.59
Basic Weighted Avg Shares
243
243
243
242
237
237
237
232
228
228
226
214
203
217
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
404,739
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
6.6
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
24,837
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
31.82
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
6.14
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
216,031
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
46,186
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
424,306
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
3.83
Return on Capital (%)
9.65
8.94
7.65
8.34
6.1
1.72
1.08
2.62
9.02
5.71
10.32
11.35
6.31
6.23
Return on Common Equity (%)
14.42
12.63
10.52
11.24
8.55
2.89
1.89
3.79
12.1
7.56
12.72
14.41
7.93
7.73

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
16,209
- -
18,830
LT Borrowings
34,009
- -
45,312
LT Finance Leases
869
- -
874
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
221
- -
215
Market Capitalization
304,630
310,297
277,068

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
382,690
- -
393,632
Cash, Cash Equivalents & STI
103,216
- -
107,196
Accounts Receivable, Net
165,639
- -
168,839
Inventories
86,895
- -
91,216
Total Current Liabilities
182,618
- -
177,601
Payables & Accruals
- -
- -
- -
ST Debt
16,209
- -
18,830
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
179,293
182,902
200,093
204,646
766,934
2025
- -
- -
- -
- -
801,698
2026
- -
- -
- -
- -
816,879

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31.57
- -
- -
- -
173.27
2025
- -
- -
- -
- -
224.73
2026
- -
- -
- -
- -
137.46

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
34.08
2025
- -
- -
- -
- -
55.95
2026
- -
- -
- -
- -
72.43

Company Description

APIChatGPT
CEO
Takashi Kayamoto
Full Time Employees
18,121
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
3-10, Fukuura Yokohama KN Japan 236-0004
IPO Date
Feb 18, 2020
Business
NHK Spring Co., Ltd. manufactures and sells a broad range of spring-based products and components primarily for the automotive, electronics, and industrial sectors; core offerings include automotive suspension springs such as coil springs, leaf springs, stabilizers, torsion bars, stabilizer links, and gas springs; automotive seating comprising seats, seat frames, mechanisms, trim parts, and interiors; precision springs and components like wire springs, flat springs, valve springs, damper springs, motor cores for electric vehicles, and probe units for semiconductors and displays; disk drive suspensions and mechanical components for hard disk drives; and industrial machinery and equipment encompassing semiconductor process components such as stage heaters, cooling plates, and shower heads, ceramic products, pipe support systems, security products including anti-counterfeit labels and holograms, integrated metal substrates, and multilevel parking systems. Founded in 1939 and headquartered in Yokohama, Japan, the company operates globally through 67 subsidiaries, with significant presence in Asia, Europe, and North America, and maintains production plants across Japan including Yokohama, Shiga, Gunma, and Komagane. Recent developments include a November 2025 decision to invest in India for expanding its motor core business with a new manufacturing facility in Aurangabad set to produce coil springs and stabilizer bars from 2027, additional investment in flying car developer SkyDrive Inc. in July 2025, development of the Hybrid Conducting Spring/Structure series of high-performance metal springs in August 2025, commencement of ultra-high-speed motor deliveries for super sports cars, investments in regional green bonds in Japan, revision of sustainability procurement guidelines, and ongoing share repurchases under its 2026 Medium-term Management Plan announced in May 2024.