NICHIA STEEL WORKS,LTD.

5658 日亜鋼業株式会社

Tools & Accessories · Standard · TSE: Disclosed

PRICE: ¥347 · MKT CAP: ¥16.3B · P/E: 15.4x · P/B: 0.32x · DIV YIELD: 2.9%

PRICE — 5Y

Characteristics & Business Summary

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...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	27,816	30,721	34,075	34,498	34,127
Operating Profit	1,491	2,013	1,823	1,336	1,349
Ordinary Profit	1,922	2,620	2,289	2,125	2,140
Net Profit	1,334	1,716	1,333	1,259	1,065
EPS	¥28	¥35	¥28	¥26	¥23
DPS	¥7	¥10	¥10	¥10	¥10

Balance Sheet & Valuation Highlights

Total Assets ¥72B

Net Assets (Equity) ¥55B

Equity Ratio 71.6%

ROE (Return on Equity) 2.3%

Cash & Equivalents ¥11B

Interest-Bearing Debt ¥3B

Capital Expenditure (CapEx) ¥2B

Depreciation & Amort. ¥1B

Major Shareholders

1. NIPPON STEEL CORPORATION 24.8%
2. 日亜興産株式会社 7.6%
3. Business Partner Stock Ownership Plan 6.7%
4. Japan Custody Bank 4.5%
5. 株式会社池田泉州銀行 4.3%
6. MUFG Bank 3.9%
7. Employee Stock Ownership Plan 2.9%
8. BBH BOSTON FOR NOMURA JAPAN SMALLER CAPITALIZATION FUND 2.5%
9. BBH FOR BBHTSIL NOMURA FUNDS IRELAND － JAPAN SMALL CAP EQUITY FUND（常任代理人株式会社三菱UFJ銀行決済事業部） 2.3%
10. 株式会社みなと銀行 2.1%

Activist Activity

Nomura Asset Management Co., Ltd. 4.55%

2025-08-21 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥575	¥635	¥704	¥723	¥726
FCF/Share	¥63	¥24	¥-36	¥39	¥17
EPS	¥28	¥35	¥28	¥26	¥23
DPS	¥7	¥10	¥10	¥10	¥10
Capital Spending per share	¥30	¥19	¥29	¥24	¥33
Book Value per share	¥892	¥919	¥937	¥961	¥984
Common Shares Outstanding	48M	48M	48M	48M	47M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥28B	¥31B	¥34B	¥34B	¥34B
Operating Margin (%)	5.4%	6.6%	5.3%	3.9%	4.0%
Net Profit (owners)	¥1B	¥2B	¥1B	¥1B	¥1B
Net Profit Margin (%)	4.8%	5.6%	3.9%	3.6%	3.1%
Working Capital	¥16B	¥17B	¥18B	¥18B	¥19B
Total Debt (Interest-bearing)	¥6B	¥6B	¥6B	¥4B	¥3B
Net Worth (Common Equity)	¥43B	¥44B	¥45B	¥46B	¥46B
Return on Total Assets (ROA)	2.0%	2.5%	1.9%	1.7%	1.5%
Return on Common Equity (ROE)	3.1%	3.9%	2.9%	2.7%	2.3%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.