Nichia Steel Works,Ltd.

Nichia Steel Works,Ltd.

TTSE:5658
406.00
JPY
+4.00
(+1.00%)
16.45BMarket 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
588.67
574.32
541.65
544.06
584.33
645.62
639.27
574.75
634.78
704.09
717.79
719.99
738.04
- -
Basic EPS, GAAP
13.01
16.34
9.37
14.2
15.8
20.24
7.94
27.56
35.45
27.54
26.19
22.48
22.22
- -
Free Cash Flow per Basic Share
18.97
-24.61
-25.43
51.4
23.69
48.61
18.03
62.45
23.51
-36.58
37.77
4.13
-16.51
- -
Dividend per Share
6.02
6
6
5.99
6.01
6.86
6.13
6.01
8
9.95
10.02
9.99
10.15
- -
Book Value per Share
840.59
874.43
855.21
875.17
893.7
890.08
890.65
932.41
962.54
997.13
1,084.9
1,101.4
1,188.39
1,188.39
Tangible Book Value per Share
834.33
853.44
836.97
860.44
881.9
881.94
886.74
931.01
961.29
996.01
1,083.06
1,092.39
1,161.59
1,161.59
Basic Weighted Avg Shares
48
48
48
48
48
48
48
48
48
48
48
47
46
47
Sales/Revenue/Turnover
28,517
27,802
26,217
26,333
28,281
31,247
30,939
27,816
30,721
34,075
34,498
34,127
33,793
- -
Operating Margin (%)
7.31
4.8
3.96
2.19
3.35
3.71
5.66
5.36
6.55
5.35
3.87
3.95
4.2
- -
Depreciation Expense
1,110
1,214
1,629
1,757
1,600
1,530
1,549
1,449
1,431
1,411
1,367
1,414
1,407
- -
Net Income, GAAP
630
791
454
687
765
979
384
1,334
1,716
1,333
1,259
1,065
1,017
- -
Effective Tax Rate (%)
41.33
47.34
32.4
22.31
34.38
- -
38.86
28.69
30.55
31.34
31.63
24.16
6.24
- -
Profit Margin (%)
2.21
2.85
1.73
2.61
2.7
3.13
1.24
4.8
5.58
3.91
3.65
3.12
3.01
- -
Working Capital
16,851
18,382
16,530
19,407
20,434
19,318
21,028
20,684
24,558
24,784
25,032
24,099
23,670
23,670
LT Debt
5,038
6,021
3,469
6,705
6,001
3,859
4,130
1,510
3,950
3,120
2,110
730
130
130
Total Equity
43,021
45,146
44,152
45,185
46,124
45,947
45,981
48,101
49,659
51,619
55,338
55,376
57,207
57,207
Return on Invested Capital (%)
1.68
0.69
0.33
0.82
1.13
- -
1.98
1.98
2.53
2.19
1.55
1.72
2.26
- -
Return on Capital (%)
1.2
1.89
0.94
1.21
1.42
- -
0.74
2.39
3.01
1.99
1.86
1.78
1.4
- -
Return on Common Equity (%)
1.56
1.91
1.08
1.64
1.79
2.27
0.89
3.02
3.74
2.81
2.52
2.06
1.93
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
2,650
2,116
LT Borrowings
- -
330
130
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
45
45
Market Capitalization
14,338
16,363
16,447

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
34,852
34,063
Cash, Cash Equivalents & STI
- -
12,338
11,348
Accounts Receivable, Net
- -
6,248
6,057
Inventories
- -
10,796
10,361
Total Current Liabilities
- -
11,589
10,393
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,650
2,116
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.65%
3.55%
3.31%
Free Cash Flow
-116.33%
-219.2%
-486.36%
Net Income, GAAP
25.79%
-3.82%
-4.5%
Sales/Revenue/Turnover
2.78%
4.11%
-0.98%
Total Cash Common Dividend
5.56%
10.79%
-1.83%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,188
8,619
9,054
8,636
34,498
2025
- -
- -
- -
- -
34,127
2026
- -
- -
- -
- -
33,793

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.26
3.95
6.07
9.93
26.19
2025
- -
- -
- -
- -
22.48
2026
- -
- -
- -
- -
22.22

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10.02
2025
- -
- -
- -
- -
9.99
2026
- -
- -
- -
- -
10.15

Company Description

CEO
Toshinori Onishi
Full Time Employees
827
Sector
Non-energy minerals
Industry
Steel
Address
6-74 Doi-cho Amagasaki HY Japan 660-0083
IPO Date
Oct 2, 1961
Business
Nichia Steel Works, Ltd. manufactures and sells wire products and related fasteners in Japan. The company produces ordinary wire products such as zinc-plated iron wires, colored galvanized iron wires, alloy-plated iron wires, rock fall prevention nets and gabions; special wire products including hard steel wires, plated steel wires, steel flat wires, steel stranded wires, wire ropes, and colored steel wires for the automotive, electric power, communications and public works sectors; bolt and screw products comprising torsia-type high-strength bolts, hexagonal high-strength bolts and galvanized nithia (GN) bolts for civil engineering and construction; and tertiary processed products like animal damage prevention fences and barbed wire. Nichia Steel Works operates through these product segments alongside real estate leasing of buildings and land, with production facilities in eastern and western Japan enabling short delivery times; it maintains headquarters in Amagasaki-shi, Hyogo Prefecture, and was founded in 1952. In July 2025, the company divested its 40% equity stake in TSN Wires Co. Ltd., a joint venture with SIW focused on premium steel wire segments, to SIW for nominal consideration, streamlining its international partnerships.