4516
Nippon Shinyaku Co.,Ltd.
日本新薬株式会社
Pharmaceutical
Nippon Shinyaku Co., Ltd. manufactures and sells pharmaceuticals and foodstuffs in Japan and internationally. The company operates through Pharmaceuticals and Functional Food Business segments. It offers drugs in the fields of urology, hematology, intractable and rare diseases, gynecology, and other diseases; health food ingredients, preservatives, protein preparations, and supplements. The company in the Strategic Partnership with Nippon Shinyaku to develop ATSN-10 that is in Phase I/II of clinical trials for the treatment of GUCY2D-mutant Leber congenital amaurosis; and RGX-121 for the treatment of mucopolysaccharidosis. Nippon Shinyaku Co., Ltd. was founded in 1911 and is headquartered in Kyoto, Japan.
Price
¥4,201
Market Cap
¥283.1B
Ent. Value
—
Net Cash
est
—
Shares Out.
67.4M
P / E
8.7×
EV / EBIT
—
P / Book
—
P / NCAV
2.50×
Div. Yield
2.95%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥160.2B | ¥148.3B | ¥144.2B | ¥137.5B |
| Cost of Sales | ¥51.1B | ¥50.2B | ¥56.0B | ¥50.2B |
| Gross Profit | ¥109.1B | ¥98.0B | ¥88.2B | ¥87.3B |
| SG&A | ¥38.0B | ¥35.0B | ¥34.8B | ¥32.2B |
| Operating Income | ¥35.5B | ¥33.3B | ¥30.0B | ¥32.9B |
| Non-Operating Income | ¥830M | ¥650M | ¥575M | ¥472M |
| Interest Income | — | — | — | ¥17M |
| Non-Operating Expenses | ¥145M | ¥329M | ¥136M | ¥119M |
| Interest Expense | — | — | — | ¥55M |
| Pre-tax Income | ¥36.1B | ¥33.6B | ¥30.5B | ¥33.3B |
| Net Income (owners) | ¥32.6B | ¥25.9B | ¥22.8B | ¥25.0B |
| Minority Interest | ¥2M | ¥2M | ¥7M | ¥12M |
| Comprehensive Income | ¥35.1B | ¥32.6B | ¥22.9B | ¥24.2B |
| EBITDA | ¥41.5B | ¥38.3B | ¥35.1B | ¥37.5B |
| EPS | ¥483.40 | ¥383.82 | ¥338.70 | ¥342.14 |
| Shares Outstanding | 67.4M | 67.4M | 67.4M | 67.4M |
| Shares Issued (total) | 70.3M | 70.3M | 70.3M | 70.3M |
| Treasury Shares | 2.9M | 2.9M | 2.9M | 2.9M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥283.6B | ¥263.4B | ¥237.5B | ¥219.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥149.7B | ¥164.3B | ¥157.9B | ¥149.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥55.2B | ¥58.1B | ¥60.0B | ¥60.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥133.9B | ¥99.1B | ¥79.6B | ¥70.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥34.5B | ¥33.6B | ¥32.2B | ¥28.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥48.3B | ¥25.1B | ¥17.2B | ¥14.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥5.6B | ¥1.8B | ¥3.2B | ¥901M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥36.3B | ¥42.9B | ¥41.5B | ¥39.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥30.3B | ¥37.3B | ¥35.2B | ¥32.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥6.0B | ¥5.5B | ¥6.3B | ¥7.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥247.3B | ¥220.5B | ¥195.9B | ¥180.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥4.5B | ¥4.4B | ¥4.4B | ¥4.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥222.6B | ¥198.3B | ¥180.4B | ¥165.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-2.5B | ¥-2.5B | ¥-2.5B | ¥-2.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥17.2B | ¥14.8B | ¥8.1B | ¥8.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥247.0B | ¥220.2B | ¥195.6B | ¥180.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥312M | ¥310M | ¥307M | ¥300M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥55.2B | ¥58.1B | ¥60.0B | ¥60.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥113.4B | ¥121.4B | ¥116.4B | ¥110.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,684 | ¥1,803 | ¥1,728 | ¥1,643 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥3,666 | ¥3,270 | ¥2,904 | ¥2,681 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥36.1B | ¥16.3B | ¥26.2B | ¥21.3B |
| D&A | ¥6.0B | ¥5.0B | ¥5.0B | ¥4.6B |
| Investing CF | ¥-28.9B | ¥-9.9B | ¥-17.6B | ¥-10.0B |
| CapEx | ¥3.4B | ¥5.1B | ¥5.7B | ¥3.1B |
| Financing CF | ¥-9.9B | ¥-9.7B | ¥-9.6B | ¥-8.4B |
| Free Cash Flow | ¥32.8B | ¥11.2B | ¥20.5B | ¥18.2B |
| Net Change in Cash | ¥-2.9B | ¥-2.0B | ¥-518M | — |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 13.9% | 12.4% | 12.1% | 13.6% |
| ROA | 11.9% | 10.3% | 10.0% | 11.4% |
| EPS | ¥483.40 | ¥383.82 | ¥338.70 | ¥342.14 |
| DPS | ¥124.00 | ¥124.00 | ¥114.00 | ¥110.00 |
| BPS | — | — | — | ¥2,620.02 |
| FCF/Share | ¥486 | ¥167 | ¥305 | ¥270 |
| NCAV/Share | ¥1,684 | ¥1,803 | ¥1,728 | ¥1,643 |
| Payout Ratio | 25.7% | 32.3% | 33.7% | 32.2% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 7
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
|
8,936 | 13.26% |
| 2 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社
|
6,486 | 9.63% |
| 3 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
5,141 | 7.63% |
| 4 |
The Bank of Kyoto
株式会社京都銀行
|
3,090 | 4.59% |
| 5 |
MUFG Bank
株式会社三菱UFJ銀行
|
2,706 | 4.02% |
| 6 | JPモルガン証券株式会社 | 2,273 | 3.37% |
| 7 |
Nippon Life Insurance
日本生命保険相互会社
|
1,341 | 1.99% |
| 8 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行決済営業部)
|
992 | 1.47% |
| 9 |
Tokio Marine & Nichido Fire Insurance Co., Ltd.
東京海上日動火災保険株式会社
|
881 | 1.31% |
| 10 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 860 | 1.28% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
20.9%
-1.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
27.7%
+2.1% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 48.5% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 15.44% | 14.26% | 13.26% -1.00% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 9.63% | 9.63% | 9.63% | |
| Japan Custody Bank 日本カストディ銀行 | 6.43% | 7.59% | 7.63% +0.04% | |
| The Bank of Kyoto 式会社京都銀行 | 4.59% | 4.59% | 4.59% | |
| MUFG Bank 式会社三菱UFJ銀行 | 4.02% | 4.02% | 4.02% | |
| JPモルガン証券 | — | 1.49% | 3.37% +1.88% | |
| Nippon Life Insurance 日本生命保険 | 1.99% | 1.99% | 1.99% | |
| STATE STREET BANK AND TRUST COMPANY STATE STREET BANK AND TRUST COMPANY 505103 | — | 1.06% | 1.47% +0.41% | |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 | 1.45% | 1.45% | 1.31% -0.14% | |
| STATE STREET BANK AND TRUST COMPANY 505001 NEW ENTRY | 3.24% | — | 1.28% NEW | |
| GOVERNMENT OF NORWAY GOVERNMENT OF NORWAY last seen 2024 | Exited Top 10 | — | 1.30% | — |
| GOVERNMENT OFNORWAY last seen 2023 | Exited Top 10 | 1.33% | — | — |
| STATE STREET BANK WEST CLIENT - TREATY 505234 last seen 2023 | Exited Top 10 | 1.49% | — | — |
| Concentration (HHI) ⓘ | 430 | 402 | 385 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥34,486M
+84% since 2023
Holdings
28
+2 new
2 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥34,486M total | FY2023 ¥18,780M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
9,702 |
4,824,930
|
4,091 | 4,824,930 | M |
| Capricor Therapeutics Inc | 7,015 |
NEW
New
4,944,429
|
— | ||
|
Kyoto Financial Group, Inc.
㈱京都フィナンシャルグループ
|
3,638 |
NEW
New
1,599,208
|
— | M | |
|
MEDIPAL HOLDINGS CORPORATION
㈱メディパルホールディングス
|
1,848 |
791,710
|
1,428 | 791,710 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
1,725 |
-10.0%
↓
300,740
|
851 | 334,140 | M |
|
ONO PHARMACEUTICAL CO., LTD.
小野薬品工業㈱
|
1,507 |
941,000
|
2,600 | 941,000 | M |
|
TOHO HOLDINGS CO.,LTD.
東邦ホールディングス㈱
|
1,451 |
325,453
|
764 | 325,453 | M |
|
Mitsubishi Logistics Corporation
三菱倉庫㈱
|
1,145 |
+400.0%
↑
1,185,000
|
737 | 237,000 | M |
|
SHOFU INC.
㈱松風
|
1,139 |
+100.0%
↑
540,000
|
547 | 270,000 | M |
|
HORIBA, Ltd.
㈱堀場製作所
|
994 |
100,000
|
791 | 100,000 | M |
|
Shimadzu Corporation
㈱島津製作所
|
768 |
206,000
|
852 | 206,000 | M |
|
KAKEN PHARMACEUTIAL CO., LTD.
科研製薬㈱
|
766 |
171,100
|
632 | 171,100 | M |
|
KISSEI PHARMACEUTICAL CO.,LTD.
キッセイ薬品工業㈱
|
614 |
159,700
|
421 | 159,700 | M |
|
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬㈱
|
491 |
121,500
|
459 | 121,500 | M |
|
TAKARA HOLDINGS INC.
宝ホールディングス㈱
|
343 |
300,000
|
306 | 300,000 | M |
|
TAKEBISHI CORPORATION
㈱たけびし
|
279 |
154,000
|
267 | 154,000 | M |
| ㈱ジーエス・ユアサコーポレーション | 220 |
-50.0%
↓
92,400
|
440 | 184,800 | M |
|
NH Foods Ltd.
日本ハム㈱
|
192 |
38,500
|
147 | 38,500 | |
|
Nissha Co., Ltd.
NISSHA㈱
|
170 |
124,927
|
232 | 124,927 | M |
|
MARUDAI FOOD CO.,LTD.
丸大食品㈱
|
111 |
65,504
|
95 | 65,504 | M |
|
HOKKO CHEMICAL INDUSTRY CO.,LTD.
北興化学工業㈱
|
107 |
83,490
|
70 | 83,490 | M |
|
ITOHAM YONEKYU HOLDINGS INC.
伊藤ハム米久ホールディングス㈱
|
96 |
-80.0%
↓
23,121
|
80 | 115,605 | |
|
Vital KSK Holdings Co., Ltd.
㈱バイタルケーエスケー・ホールディングス
|
96 |
76,734
|
68 | 76,734 | M |
|
TAKIZAWA HAM CO.,LTD.
滝沢ハム㈱
|
41 |
+6.1%
↑
14,640
|
40 | 13,800 | |
|
Hokuyaku Takeyama Holdings Co., Ltd.
㈱ほくやく・竹山ホールディングス
|
24 |
27,504
|
17 | 27,504 | |
|
Hayashikane Sangyo Co., Ltd.
林兼産業㈱
|
4 |
8,186
|
3 | 8,186 | |
| アルフレッサホール ディングス㈱ | — | — | |||
| ㈱ワコールホールデ ィングス | — | — | |||
|
SUZUKEN CO.,LTD.
㈱スズケン
|
— |
−100%
Exit
—
|
344 | 102,980 | M |
|
The Bank of Kyoto
㈱京都銀行
|
— |
−100%
Exit
—
|
2,498 | 399,802 | M |
| Portfolio total | 34,486 | 18,780 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding