5658

Nichia Steel Industry Co., Ltd.

日亜鋼業株式会社
Iron & Steel
Nichia Steel Works, Ltd. manufactures and sells wire products in Japan. It offers iron wires, zinc-plated iron wires, colored galvanized iron wires, and galvanized deformed coil rebars, as well as zinc, aluminum, and magnesium alloy plated iron wires; tertiary fences and wires; and civil engineering and architectural processed and pre-mesh processed products. The company also provides hard steel wires, galvanized steel wires, piano wires, zinc/aluminum/magnesium alloy plated steel wires, colored galvanized steel wires, steel flat wires, iron flat wires, deformed wires, stranded wires, coupling coils, and one-touch tunnels. In addition, it offers high strength and hexagon bolts, and hot dip galvanized high strength bolts. The company serves customers in industries, including construction and civil engineering, as well as agriculture, forestry, animal husbandry, fishery, electric power communication, and automobile industries. Nichia Steel Works, Ltd. was founded in 1908 and is headquartered in Amagasaki, Japan.
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Price
¥365
Market Cap
¥17.2B
Ent. Value
¥9.3B
Net Cash
¥7.9B
Shares Out.
47.0M
P / E
16.2×
EV / EBIT
6.9×
⚠ TSE Capital Mandate
P / Book
0.33×
P / NCAV
0.91×
Div. Yield
2.74%
Financials
Metric FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥34.1B ¥34.5B ¥34.1B ¥30.7B
Cost of Sales ¥28.0B ¥28.6B ¥27.8B ¥24.3B
Gross Profit ¥6.1B ¥5.9B ¥6.3B ¥6.4B
SG&A ¥4.7B ¥4.6B ¥4.5B ¥4.4B
Operating Income ¥1.3B ¥1.3B ¥1.8B ¥2.0B
Non-Operating Income ¥908M ¥954M ¥617M ¥668M
Dividend Income ¥362M ¥331M ¥328M ¥261M
Interest Income ¥148M ¥143M ¥108M ¥86M
Non-Operating Expenses ¥117M ¥165M ¥150M ¥61M
Interest Expense ¥12M ¥19M ¥21M ¥19M
Ordinary Income ¥2.1B ¥2.1B ¥2.3B ¥2.6B
Pre-tax Income ¥1.4B ¥2.1B ¥2.3B ¥2.6B
Income Taxes ¥346M ¥667M ¥709M ¥791M
Current Tax ¥677M ¥699M ¥683M ¥827M
Deferred Tax ¥-331M ¥-32M ¥26M ¥-37M
Net Income (owners) ¥1.1B ¥1.3B ¥1.3B ¥1.7B
Minority Interest ¥21M ¥183M ¥220M ¥82M
Comprehensive Income ¥760M ¥4.4B ¥2.4B ¥1.9B
EBITDA ¥2.8B ¥2.7B ¥3.2B ¥3.4B
EPS ¥22.48 ¥26.19 ¥27.54 ¥35.45
Shares Outstanding 47.0M 47.7M 48.4M 48.4M
Shares Issued (total) 51.8M 51.8M 51.8M 51.8M
Treasury Shares 4.7M 4.0M 3.4M 3.4M