NITTO BOSEKI CO.,LTD.

3110 日東紡績株式会社

Glass & Ceramics Products · Prime · TSE: Disclosed

PRICE: ¥18,380 · MKT CAP: ¥672.3B · P/E: 16.0x · P/B: 3.85x · DIV YIELD: 0.6%

PRICE — 5Y

Characteristics & Business Summary

Nitto Boseki Co., Ltd. manufactures, processes, and sells glass fiber products, chemical and pharmaceutical products, and textile products in Japan. It operates through six segments: Electronic Materials Business, Medical Business, Composite Materials...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	78,727	84,051	87,529	93,253	109,035	118,229	67,900
Operating Profit	5,964	7,268	4,880	8,387	16,445	20,819	12,600
Ordinary Profit	6,274	8,065	6,067	9,752	17,568	21,544	—
Net Profit	8,100	6,519	2,772	7,296	12,837	41,770	8,500
EPS	¥209	¥168	¥76	¥199	¥351	¥1,142	—
DPS	¥45	¥45	¥55	¥55	¥106	¥28	—

Balance Sheet & Valuation Highlights

Total Assets ¥283B

Net Assets (Equity) ¥180B

Equity Ratio 61.3%

ROE (Return on Equity) 27.4%

Cash & Equivalents ¥62B

Interest-Bearing Debt ¥49B

Capital Expenditure (CapEx) —

Depreciation & Amort. ¥9B

Major Shareholders

1. Japan Master Trust Bank 10.2%
2. Japan Custody Bank 6.8%
3. Sumitomo Realty & Development Co.,Ltd. 6.5%
4. Nippon Life Insurance 4.4%
5. Dai-ichi Life Insurance 3.6%
6. Sumitomo Life Insurance 3.0%
7. AIR WATER INC. 2.7%
8. The Toho Bank, Ltd. 2.5%
9. Mizuho Bank 2.2%
10. 石油資源開発株式会社 1.8%

Activist Activity

Mizuho Bank, Ltd. 9.44%

2026-04-07 · change

Mizuho Bank, Ltd. 6.41%

2026-03-23 · change

Sumitomo Mitsui Trust Bank,Limited 4.49%

2025-12-04 · change

Mizuho Bank, Ltd. 8.21%

2025-11-21 · change

Mizuho Bank, Ltd. 6.75%

2025-10-07 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥2,029	¥2,167	¥2,393	¥2,549	¥2,981	¥3,232	—
FCF/Share	¥201	¥180	¥209	¥138	¥523	¥473	—
EPS	¥209	¥168	¥76	¥199	¥351	¥1,142	—
DPS	¥45	¥45	¥55	¥55	¥106	¥28	—
Capital Spending per share	¥0	¥0	¥0	¥0	¥0	¥0	—
Book Value per share	¥2,526	¥2,658	¥2,699	¥2,842	¥3,133	¥4,169	—
Common Shares Outstanding	39M	39M	37M	37M	37M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥79B	¥84B	¥88B	¥93B	¥109B	¥118B	¥68B
Operating Margin (%)	7.6%	8.6%	5.6%	9.0%	15.1%	17.6%	18.6%
Net Profit (owners)	¥8B	¥7B	¥3B	¥7B	¥13B	¥42B	¥8B
Net Profit Margin (%)	10.3%	7.8%	3.2%	7.8%	11.8%	35.3%	12.5%
Working Capital	¥14B	¥9B	¥18B	¥21B	¥28B	¥57B	—
Total Debt (Interest-bearing)	¥42B	¥44B	¥45B	¥47B	¥52B	¥49B	—
Net Worth (Common Equity)	¥98B	¥103B	¥99B	¥104B	¥115B	¥152B	—
Return on Total Assets (ROA)	4.4%	3.5%	1.5%	3.4%	5.8%	14.8%	—
Return on Common Equity (ROE)	8.3%	6.3%	2.8%	7.0%	11.2%	27.4%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.