Nippon Yakin Kogyo Co.,Ltd.

5480 日本冶金工業株式会社

Iron & Steel · Prime · TSE: Disclosed

PRICE: ¥4,515 · MKT CAP: ¥63.6B · P/E: 8.7x · P/B: 0.62x · DIV YIELD: 4.9%

PRICE — 5Y

Characteristics & Business Summary

Nippon Yakin Kogyo Co., Ltd. manufactures and sells stainless steel sheets and processed products in Japan and internationally. The company offers corrosion resistant, heat resistant, controlled expansion, soft magnetic, and non-magnetic alloys; and high...

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	112,482	148,925	199,324	180,341	172,097	150,866	80,000
Operating Profit	6,145	13,966	29,256	20,010	16,967	10,973	6,000
Ordinary Profit	4,990	12,807	27,738	19,128	16,200	9,657	—
Net Profit	3,764	8,471	19,703	13,565	11,579	7,215	3,500
EPS	¥248	¥562	¥1,318	¥938	¥822	¥512	—
DPS	¥45	¥120	¥200	¥200	¥220	¥110	—

Balance Sheet & Valuation Highlights

Total Assets ¥219B

Net Assets (Equity) ¥101B

Equity Ratio 46.1%

ROE (Return on Equity) 7.6%

Cash & Equivalents ¥11B

Interest-Bearing Debt ¥77B

Capital Expenditure (CapEx) —

Depreciation & Amort. ¥7B

Major Shareholders

1. Japan Master Trust Bank 13.4%
2. Japan Custody Bank 5.3%
3. Stock Ownership Plan 3.8%
4. Mizuho Bank 2.2%
5. 河合映治 2.1%
6. State Street Bank and Trust Company 2.1%
7. Stock Ownership Plan 2.0%
8. BNY Mellon (Nominee) 1.7%
9. 楢崎潤 1.5%
10. MUFG Bank, Ltd. 1.2%

Activist Activity

Daiwa Asset Management Co. Ltd. 5.04%

2026-06-04 · initial_5pct

Mitsubishi UFJ Financial Group Inc. 5.21%

2024-07-29 · change

Mitsubishi UFJ Financial Group Inc. 5.07%

2023-09-19 · initial_5pct

Mitsubishi UFJ Financial Group Inc. 4.62%

2023-06-05 · 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	¥7,407	¥9,875	¥13,336	¥12,469	¥12,224	¥10,716	—
FCF/Share	¥736	¥-46	¥244	¥1,855	¥784	¥962	—
EPS	¥248	¥562	¥1,318	¥938	¥822	¥512	—
DPS	¥45	¥120	¥200	¥200	¥220	¥110	—
Capital Spending per share	¥0	¥0	¥0	¥0	¥0	¥0	—
Book Value per share	¥3,403	¥3,911	¥5,094	¥5,839	¥6,480	¥6,701	—
Common Shares Outstanding	15M	15M	15M	14M	14M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥112B	¥149B	¥199B	¥180B	¥172B	¥151B	¥80B
Operating Margin (%)	5.5%	9.4%	14.7%	11.1%	9.9%	7.3%	7.5%
Net Profit (owners)	¥4B	¥8B	¥20B	¥14B	¥12B	¥7B	¥4B
Net Profit Margin (%)	3.3%	5.7%	9.9%	7.5%	6.7%	4.8%	4.4%
Working Capital	¥-38B	¥-34B	¥-25B	¥-18B	¥-19B	¥-19B	—
Total Debt (Interest-bearing)	¥57B	¥74B	¥86B	¥73B	¥75B	¥77B	—
Net Worth (Common Equity)	¥52B	¥59B	¥76B	¥84B	¥91B	¥94B	—
Return on Total Assets (ROA)	2.3%	4.5%	8.9%	6.2%	5.3%	3.3%	—
Return on Common Equity (ROE)	7.3%	14.4%	25.9%	16.1%	12.7%	7.6%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.