5331

Noritake Company Limited

ノリタケ株式会社
Glass & Ceramics Products
Noritake Co., Limited with its subsidiaries, provides industrial, ceramic and material, engineering, and tabletop products in Japan and internationally. It offers grinding and polishing tools comprising grinding wheels, CBN wheels, diamond tools, coated abrasives, coolants, and recycled products; ceramics and materials, such as vacuum fluorescent display, electronic ceramic powders, thick film circuit substrate, decoration materials, engineering ceramics, electronic paste, and gypsum. The company also provides engineering products comprising heating furnaces/kilns, actuator-less line mixers and related equipment, cutting machines, and filtration systems; and tabletop products, including chinaware for family table, gift, and ornament, as well as tableware for professional and institutional use. The company was founded in 1904 and is headquartered in Nagoya, Japan.
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Price
¥3,935
Market Cap
¥113.2B
Ent. Value
¥102.7B
Net Cash
¥10.5B
Shares Out.
28.8M
P / E
8.7×
EV / EBIT
10.1×
P / Book
0.74×
P / NCAV
2.64×
Div. Yield
3.43%
Financials
Metric FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥138.2B ¥137.9B ¥139.5B ¥127.6B
Cost of Sales ¥99.5B ¥100.1B ¥104.1B ¥92.6B
Gross Profit ¥38.6B ¥37.8B ¥35.4B ¥35.1B
SG&A ¥28.4B ¥27.1B ¥26.4B ¥25.7B
Operating Income ¥10.2B ¥10.7B ¥9.0B ¥9.4B
Non-Operating Income ¥4.2B ¥4.2B ¥3.7B ¥3.4B
Dividend Income ¥1.1B ¥1.0B ¥1.1B ¥801M
Interest Income ¥343M ¥297M ¥146M ¥44M
Non-Operating Expenses ¥421M ¥242M ¥228M ¥247M
Interest Expense ¥32M ¥20M ¥26M ¥25M
Ordinary Income ¥14.0B ¥14.6B ¥12.4B ¥12.5B
Pre-tax Income ¥17.3B ¥15.4B ¥12.6B ¥11.5B
Income Taxes ¥4.3B ¥3.9B ¥2.5B ¥2.4B
Current Tax ¥4.8B ¥4.8B ¥2.7B ¥2.6B
Deferred Tax ¥-448M ¥-911M ¥-180M ¥-177M
Net Income (owners) ¥12.9B ¥11.5B ¥10.0B ¥9.1B
Minority Interest ¥31M ¥43M ¥28M ¥16M
Comprehensive Income ¥9.2B ¥22.3B ¥12.2B ¥8.8B
EBITDA ¥15.3B ¥15.5B ¥13.8B ¥14.1B
Goodwill Amort. (J-GAAP) ¥10M ¥10M ¥10M
EPS ¥450.25 ¥396.46 ¥694.56 ¥628.27
Shares Outstanding 28.8M 14.7M 14.7M 14.6M
Shares Issued (total) 29.0M 14.8M 14.8M 14.8M
Treasury Shares 0.3M 0.1M 0.1M 0.2M