Nippon Avionics Co., Ltd.

Nippon Avionics Co., Ltd.

6,700.00
JPY
-180.00
(-2.62%)
40.08BMarket Cap
Oct 30Next 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
1,930.77
1,818.41
1,622.71
1,518.56
1,324.86
1,236.54
1,190.58
1,430.75
1,361.42
1,254.62
1,107.83
1,274.22
1,937.89
- -
Basic EPS, GAAP
28.46
-29.81
8.14
106.94
42.92
1.56
5.38
72.97
115.04
128.61
131.86
124.37
253.57
- -
Free Cash Flow per Basic Share
91.18
51.89
-9.84
256.16
-132.08
175
-95.5
40.03
218.34
-75.05
-44.55
106.32
-297.65
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.2
6.27
6.04
- -
Book Value per Share
411.37
493.36
479.95
579.39
635.82
639.15
647.03
729.11
761.85
763.68
856.82
906.84
1,088.86
- -
Tangible Book Value per Share
377.18
465.82
459.34
561.83
624.21
631.43
639.8
719.62
746.64
752.06
848.07
895.4
1,072.84
- -
Basic Weighted Avg Shares
14
14
14
14
14
14
14
14
14
14
16
16
15
16
Sales/Revenue/Turnover
27,275
25,685
22,920
21,442
18,707
17,460
16,805
20,195
19,230
17,754
18,055
20,122
29,194
- -
Operating Margin (%)
2.35
1.88
2.51
0.1
-3.79
-0.4
0.49
6.75
9.63
10.99
12.06
13.9
18.89
- -
Depreciation Expense
528
623
448
473
655
393
259
291
250
217
287
478
479
- -
Net Income, GAAP
402
-421
115
1,510
606
22
76
1,030
1,625
1,820
2,149
1,964
3,820
- -
Effective Tax Rate (%)
8.41
1,503.33
74.05
18.69
- -
98.67
- -
- -
8.76
9.09
0.14
27.53
28.58
- -
Profit Margin (%)
1.47
-1.64
0.5
7.04
3.24
0.13
0.45
5.1
8.45
10.25
11.9
9.76
13.08
- -
Working Capital
6,737
8,778
7,353
6,979
8,177
9,374
8,183
7,196
8,460
10,336
11,187
10,616
10,712
- -
LT Debt
3,263
4,874
3,233
925
3,520
2,640
1,760
880
1,900
2,080
2,020
1,960
980
- -
Total Equity
5,811
6,969
6,779
8,183
8,981
9,028
9,136
10,295
10,765
12,168
14,304
13,957
16,103
- -
Return on Invested Capital (%)
3.69
-43.46
0.96
0.11
- -
-0.01
- -
- -
11.07
11.46
12.29
10.44
16.62
- -
Return on Capital (%)
3.28
-12.42
0.9
11.13
- -
0.15
- -
- -
11.02
12.11
12.48
10.56
17.18
- -
Return on Common Equity (%)
6.76
-6.59
1.67
20.18
7.06
0.24
0.84
10.6
15.43
15.87
16.24
13.9
25.42
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'25
Mar'25
Jun'26
ST Debt
2,800
2,830
- -
LT Borrowings
1,990
1,960
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
38,740
40,078
64,949

Working Capital

JPY

•

in mil. unless spec.
Sep'25
Mar'25
Jun'26
Total Current Assets
17,777
19,340
- -
Cash, Cash Equivalents & STI
1,066
1,934
- -
Accounts Receivable, Net
12,445
12,881
- -
Inventories
3,973
4,246
- -
Total Current Liabilities
8,046
8,724
- -
Payables & Accruals
- -
- -
- -
ST Debt
2,800
2,830
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
9.62%
15.38%
Free Cash Flow
-380.12%
-83.71%
-367.06%
Net Income, GAAP
273.13%
34.75%
94.5%
Sales/Revenue/Turnover
3.63%
9.15%
45.08%
Total Cash Common Dividend
- -
- -
-8.08%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,605
5,064
4,584
4,802
18,055
2025
- -
- -
- -
- -
20,122
2026
- -
- -
- -
- -
29,194

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.05
38.54
25.28
58.88
131.86
2025
- -
- -
- -
- -
124.37
2026
- -
- -
- -
- -
253.57

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.2
2025
- -
- -
- -
- -
6.27
2026
- -
- -
- -
- -
6.04

Company Description

CEO
Masato Takeuchi
Full Time Employees
763
Sector
Electronic technology
Industry
Aerospace & defense
Address
4475, Ikonobe-cho Yokohama TY Japan 224-0053
IPO Date
Feb 9, 1988
Website
avio.co.jp
Business
Nippon Avionics Co., Ltd. (6946.T) designs, develops, manufactures and sells micro-joining equipment, infrared thermal imaging cameras, radiation hardened point-of-load DC/DC converters and related electronic systems primarily in Japan. The company provides precision resistance welders, pulse heat units including hot bar bonders, laser welders, seam welders, ultrasonic equipment, high-frequency induction heaters, pulse heat fusing units and joining monitors; infrared thermography cameras for non-contact thermal distribution visualization; and JAXA-qualified SAPJ series radiation hardened DC/DC converters for space applications. It also offers hybrid integrated circuits for defense, industrial and space uses, as well as sensing solutions incorporating AI for quality inspection and predictive maintenance. Founded in 1960 through a merger of NEC Corporation and Hughes Aircraft Company and headquartered in Yokohama, Japan, the company operates plants and sales offices across Japan with a focus on aviation, defense, medical and industrial markets. In recent developments, Nippon Avionics integrates AI into welding and sensing products for enhanced quality control and real-time anomaly detection, advances medical thermal cameras for applications like arthritis and diabetes detection, and released new products including the Ultrasonic Handheld Welder HW-D Series, Automatic Seam Welder NAW-6100 high power type and Ultrasonic Small Metal Welder SW-D600S-48. Japan Industrial Partners, Inc. completed acquisition of a 55.1% stake from NEC Corporation and others.