1. Japan Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Nippi, Incorporated

Nippi, Incorporated

TTSE:7932
11,460.00
JPY
+110.00
(+0.97%)
33.96BMarket Cap
Nov 10Next Earn
Nippi, Incorporated
TSE:7932
(Tokyo Stock Exchange)

Recent

price

11,460.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
16,931.12
17,532.07
16,766.08
16,595.13
14,807.39
14,611.47
13,546.38
14,647.34
15,175.05
14,744.36
12,375.81
13,681.5
15,580.73
17,053.94
17,089.55
16,574.78
- -
Revenue per Share
311.07
966.1
572.62
268.49
360.28
397.54
658.27
329.88
59.79
441.88
1,466.88
397.76
406.46
885.97
854.46
993.39
- -
Basic EPS, GAAP
-352.72
-561.93
326.2
-418.32
-165.38
-95.56
169.26
393.5
-439.42
297.25
-279.89
356.04
553.19
1,190.22
1,326.73
866.41
- -
Free Cash Flow per Basic Share
36.78
36.78
36.79
48.19
49.68
49.69
49.7
59.79
59.79
49.72
49.72
69.89
59.8
79.97
219.79
605.09
- -
Dividend per Share
6,760.29
7,515.83
8,763.01
7,629.64
8,316.36
8,678.51
9,272.56
9,630.24
9,526.21
9,730.34
11,267.74
11,616.61
11,982.17
13,080.25
13,852.16
14,681.43
- -
Book Value per Share
6,733.7
7,445.83
8,671.25
7,534.8
8,223.24
8,597.53
9,208.26
9,568.71
9,459.81
9,619.09
11,171.78
11,523.42
11,898.37
13,009.32
13,779.49
14,614.29
- -
Tangible Book Value per Share
2
2
2
2
3
3
3
3
3
3
3
3
3
3
3
3
3
Basic Weighted Avg Shares
38,209
39,561
37,829
40,980
42,620
42,047
38,976
42,137
43,651
42,410
35,595
39,349
44,811
49,046
49,141
47,252
- -
Sales/Revenue/Turnover
11.68
11.65
10.93
10.27
10.11
10.33
6.04
4.76
1.91
4.38
2.46
4.47
3.28
7.37
7.38
8.79
- -
Operating Margin (%)
720
983
949
948
1,030
1,252
1,482
1,474
1,424
1,705
1,408
1,366
1,332
1,535
1,275
983
- -
Depreciation Expense
702
2,180
1,292
663
1,037
1,144
1,894
949
172
1,271
4,219
1,144
1,169
2,548
2,457
2,832
- -
Net Income, GAAP
45.19
13
40.26
52.66
34.25
35.42
17.51
42.29
74.49
18.35
29.55
30.29
31.17
28.59
31.66
24.95
- -
Effective Tax Rate (%)
1.84
5.51
3.42
1.62
2.43
2.72
4.86
2.25
0.39
3
11.85
2.91
2.61
5.2
5
5.99
- -
Profit Margin (%)
-2,949
-2,236
-465
938
-792
-74
804
-564
-177
2,895
9,114
9,086
9,332
11,946
12,882
14,278
- -
Working Capital
11,679
12,408
10,276
9,495
9,140
10,925
9,553
7,528
8,476
9,612
11,193
9,830
8,472
7,766
6,213
6,437
- -
LT Debt
15,642
18,450
20,222
22,277
24,255
25,361
27,099
28,165
27,904
28,525
32,963
33,993
35,075
38,301
40,565
41,925
- -
Total Equity
3.23
5.29
2.76
2.14
3.17
3.15
4.19
2.4
0.43
3.08
1.22
2.39
2.01
4.99
4.73
5.92
- -
Return on Invested Capital (%)
2.7
6.73
3.85
2.12
2.95
2.86
4.42
2.13
0.37
2.84
8.68
2.39
2.42
5.06
4.82
5.53
- -
Return on Capital (%)
4.7
13.1
6.83
3.18
4.52
4.68
7.33
3.49
0.62
4.59
13.97
3.48
3.44
7.07
6.34
7
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
4,774
4,235
- -
LT Borrowings
6,024
6,391
- -
LT Finance Leases
50
46
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
35,657
33,963
33,487

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
27,939
27,246
- -
Cash, Cash Equivalents & STI
9,261
8,754
- -
Accounts Receivable, Net
8,735
8,535
- -
Inventories
9,478
9,327
- -
Total Current Liabilities
15,083
12,968
- -
Payables & Accruals
- -
- -
- -
ST Debt
4,774
4,235
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.24%
4.95%
3.35%
Free Cash Flow
-79.86%
-16.1%
-35.26%
Net Income, GAAP
86.36%
11.79%
15.26%
Sales/Revenue/Turnover
1.57%
6.05%
-3.84%
Total Cash Common Dividend
- -
81.51%
172.94%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
49,141
2026
- -
- -
- -
- -
47,252
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
854.46
2026
- -
- -
- -
- -
993.39
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
219.79
2026
- -
- -
- -
- -
605.09
2027
- -
- -
- -
- -
- -
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Business
Nippi, Incorporated is a Japan-based company primarily engaged in the manufacture and sale of collagen products, gelatin products, collagen cosmetics, leather products, and health foods. Founded in 1907 and headquartered in Tokyo, the company operates through multiple business segments including Collagen & Casing, Gelatin Related, Cosmetics Related, Leather Related, Leasing and Real Estate, and Food and Others. It manufactures edible collagen casings used in sausages, gelatin and peptide products for food, pharmaceutical and industrial applications, collagen-based cosmetics and health supplements, leather products for automotive and fashion use, as well as leases land, buildings, and equipment. Nippi also offers specialized products such as bovine spongiform encephalopathy test kits and bio-chemical functional polymers. The company conducts business in Japan, Thailand, other Asian countries, and North America. In recent years, Nippi has focused on expanding its product lineup with environmentally friendly collagen products made from sustainable materials and has planned strategic expansion into the European market. It has also restructured its management to better align with growth strategies. Nippi continues to leverage its position as a pioneer in collagen research, holding patents for collagen solubilization technology and advancing medical applications of collagen and gelatin, including regenerative medicine. Operational highlights over the last 1-2 years include growth in sales of collagen and gelatin products and steady financial performance supported by robust R&D capabilities and an extensive distribution network. Nippi maintains a century-plus heritage of innovation in collagen and gelatin technology, serving diverse industries such as food processing, pharmaceuticals, cosmetics, automotive, and health products, with dedication to quality and scientific excellence. Its global subsidiaries, including Nippi Collagen NA Inc. in North America, enhance its reach and product offering for medical and natural collagen technologies worldwide. The company reported increasing revenues driven by growth in its gelatin-related and cosmetics-related segments and maintains a strong financial position with capital adequacy. This comprehensive product portfolio and strategic developments position Nippi, Incorporated as a leading collagen and gelatin manufacturer with diversified operations and a commitment to innovation, sustainability, and global market expansion.