Noritsu Koki Co., Ltd.

Noritsu Koki Co., Ltd.

TTSE:7744
2,110.00
JPY
+23.00
(+1.10%)
213.72BMarket Cap
Nov 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
256.26
515.56
333.18
403.82
468.4
524.47
594.59
244.73
509.71
687.34
841.37
994.91
1,120.26
- -
Basic EPS, GAAP
3.9
12.39
21.06
-27.66
40.15
83.49
27.59
12.06
47.85
949.5
95.29
150.54
146.95
- -
Free Cash Flow per Basic Share
15.01
21.34
20.4
44.1
13.52
17.14
46.95
53.13
15.99
91.45
-314.08
283
160.05
- -
Dividend per Share
1.99
2.66
2.66
2.66
3
4
5
5
8
68.3
51.64
49.65
77.78
- -
Book Value per Share
532.5
498.77
526.18
492.06
536.22
706.43
701.66
734.62
1,038.53
1,799.94
1,918.5
2,075.09
2,127.36
2,194.17
Tangible Book Value per Share
411.2
362.89
64.96
41.19
-32.44
135.39
178.18
215.91
-413.64
613.74
737.91
888.77
972.49
300.19
Basic Weighted Avg Shares
107
107
107
107
107
107
107
107
107
107
107
107
106
107
Sales/Revenue/Turnover
27,379
55,084
35,598
43,145
50,045
56,035
63,527
26,147
54,481
73,515
90,052
106,539
119,223
- -
Operating Margin (%)
2.25
4.81
5.46
4.71
9.22
10.63
9.53
15.81
11.14
1.72
15.98
18.27
17.47
- -
Depreciation Expense
1,324
2,499
1,835
1,933
1,580
1,655
1,844
2,761
6,001
5,251
5,228
5,539
5,908
- -
Net Income, GAAP
417
1,324
2,250
-2,955
4,290
8,920
2,948
1,289
5,115
101,554
10,199
16,120
15,639
- -
Effective Tax Rate (%)
28.96
35.53
28.92
63.34
35.43
- -
33
- -
16.69
- -
25.93
30.38
28.71
- -
Profit Margin (%)
1.52
2.4
6.32
-6.85
8.57
15.92
4.64
4.93
9.39
138.14
11.33
15.13
13.12
- -
Working Capital
31,558
25,788
22,212
29,961
22,208
23,240
30,533
40,880
31,866
61,430
84,215
97,324
102,708
16,639
LT Debt
12,933
8,605
33,688
29,265
29,074
30,981
30,268
37,072
81,339
31,417
26,628
22,004
17,886
3,196
Total Equity
56,896
54,882
56,255
52,621
58,934
76,709
77,970
83,833
126,735
192,894
205,843
222,959
228,589
232,710
Return on Invested Capital (%)
0.66
2.63
1.57
0.79
3.28
- -
3.52
- -
2.77
- -
4.04
5.42
5.6
- -
Return on Capital (%)
0.78
1.86
2.78
-2.93
5.61
- -
2.96
- -
2.73
- -
4.31
6.44
6.12
- -
Return on Common Equity (%)
0.74
2.4
4.11
-5.43
7.81
13.44
3.92
1.68
5.4
66.91
5.13
7.54
6.94
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'25
Mar'26
Jun'26
ST Debt
15,513
- -
79,808
LT Borrowings
17,190
- -
235
LT Finance Leases
3,047
- -
2,961
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
107
106
Market Capitalization
162,101
213,468
213,719

Working Capital

JPY

•

in mil. unless spec.
Jun'25
Mar'26
Jun'26
Total Current Assets
135,566
- -
129,414
Cash, Cash Equivalents & STI
93,856
- -
67,322
Accounts Receivable, Net
17,266
- -
26,840
Inventories
22,977
- -
27,282
Total Current Liabilities
37,318
- -
112,775
Payables & Accruals
- -
- -
- -
ST Debt
15,513
- -
79,808
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.58%
24.19%
2.53%
Free Cash Flow
-1.46%
-55.04%
-43.79%
Net Income, GAAP
165.55%
429.47%
-2.98%
Sales/Revenue/Turnover
19.97%
39.2%
11.91%
Total Cash Common Dividend
- -
168.41%
55.69%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,304
25,841
- -
- -
106,539
2025
- -
- -
- -
- -
119,223
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48.9
58.34
- -
- -
150.54
2025
- -
- -
- -
- -
146.95
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30.33
- -
- -
- -
49.65
2025
- -
- -
- -
- -
77.78
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ryukichi Iwakiri
Full Time Employees
1,344
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Joule A Tokyo TY Japan 106-0045
IPO Date
Feb 14, 1996
Business
Noritsu Koki Co., Ltd. is a Japan-based holding company primarily engaged in manufacturing through its subsidiaries, focusing on parts and materials as well as audio equipment and peripherals; it operates globally across Japan, China, the United States, Europe, Central and South America, the Middle East, Africa, and other international markets. Founded in June 1951 and formally established in June 1956, the company is headquartered at Joule A 5th Floor, 1-10-10 Azabu-juban, Minato-ku, Tokyo, Japan, with key subsidiaries including Teibow, which holds approximately 50% global market share in felt-tip pen nibs and produces pen components, cosmetic components, and metal parts via metal injection molding (MIM) technology; AlphaTheta (formerly Pioneer DJ), commanding about 70% of the worldwide DJ equipment market with professional DJ gear, entertainment systems, and software integration; and JLab, a leading U.S. manufacturer of affordable headphones, earphones, and audio accessories under the JLab brand. The company has divested its original photo processing equipment business, including minilabs that once held over 50% global share, and relocated headquarters from Wakayama to Tokyo in 2015; recent developments include the 2022 partial sale of its stake in healthcare firm JMDC to OMRON for significant profit, cancellation of the Serato acquisition in 2024 leaving substantial cash reserves, ongoing implementation of Medium-Term Management Plan FY25 emphasizing organic growth in core manufacturing units, and a planned reorganization effective April 1, 2025, to establish Teibow Holdings as an intermediate holding company owning Teibow and Hamamatsu Metal Works.