7915
Nissha Co., Ltd.
NISSHA株式会社
Other Products
Nissha Co., Ltd. engages in industrial materials, devices, medical technologies, information and communication, and pharmaceutical and cosmetics businesses in Japan and internationally. The company offers decorative film-molded parts, such as in-mold decoration technology and electronics, transfer foil, molding, CMF design sample book products, commercial printing; and sustainable materials, including metallized paper and board, and sustainable molded products. It is involved in the provision of touch, force, and gas sensors; the design and manufacture of medical technologies; development and manufacture of pharmaceuticals and quasi-drugs; design, development and manufacturing service of products such as surgical instruments for minimally invasive treatments and medical wearable sensors; and manufacturing and distributing patient monitoring and medical surgical devices. In addition, the company offers publication, high-definition digital archive photography, and fabric printing products and services; contract development and manufacturing film types of pharmaceuticals, such as oral thin films and transdermal patches; development and manufacturing of over-the-counter (OTC) and prescription drugs under contract manufacturing (CDMO); and dissolving microneedle patches; as well as produces and sells business media, including industrial recording materials and ticket/card materials. It serves mobility, mobile devices, home appliance, medical, food and consumer goods, cosmetics, and industrial equipment markets. The company was formerly known as Nissha Printing Co., Ltd. and changed its name to Nissha Co., Ltd. in 2017. Nissha Co., Ltd. was founded in 1929 and is headquartered in Kyoto, Japan.
Price
¥1,636
Market Cap
¥78.6B
Ent. Value
¥101.8B
Net Debt
−¥23.3B
Shares Out.
48.0M
P / E
77.4×
EV / EBIT
25.2×
P / Book
—
P / NCAV
N/M
Div. Yield
3.06%
Financials
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥194.9B | ¥195.6B | ¥167.7B | ¥194.0B | ¥189.3B |
| Cost of Sales | ¥151.2B | ¥151.8B | ¥135.1B | ¥151.5B | ¥144.8B |
| Gross Profit | ¥43.7B | ¥43.8B | ¥32.6B | ¥42.4B | ¥44.5B |
| SG&A | ¥38.4B | ¥37.1B | ¥33.0B | ¥31.1B | ¥27.2B |
| Operating Income | ¥4.0B | ¥5.5B | ¥-3.8B | ¥9.5B | ¥17.4B |
| Non-Operating Income | ¥1.4B | ¥2.5B | ¥2.9B | ¥3.8B | ¥3.2B |
| Non-Operating Expenses | ¥1.9B | ¥1.8B | ¥1.8B | ¥916M | ¥1.0B |
| Pre-tax Income | ¥3.6B | ¥6.2B | ¥-2.8B | ¥12.4B | ¥19.5B |
| Net Income (owners) | ¥1.0B | ¥3.9B | ¥-3.0B | ¥10.1B | ¥15.9B |
| Minority Interest | ¥-381M | ¥-165M | ¥25M | ¥21M | ¥18M |
| Comprehensive Income | ¥4.8B | ¥11.8B | ¥3.6B | ¥15.9B | ¥18.1B |
| EBITDA | ¥14.4B | ¥15.0B | ¥5.3B | ¥19.0B | ¥26.6B |
| EPS | ¥21.13 | ¥80.15 | ¥-61.13 | ¥203.65 | ¥318.35 |
| Shares Outstanding | 48.0M | 48.2M | 49.1M | 49.8M | 50.3M |
| Shares Issued (total) | 48.0M | 50.9M | 50.9M | 50.9M | 50.9M |
| Treasury Shares | 0.0M | 2.7M | 1.8M | 1.0M | 0.6M |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥250.1B | ¥250.8B | ¥217.9B | ¥230.2B | ¥209.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥116.2B | ¥128.6B | ¥107.4B | ¥125.4B | ¥103.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥39.2B | ¥51.0B | ¥37.9B | ¥54.3B | ¥42.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥133.9B | ¥122.2B | ¥110.5B | ¥104.8B | ¥105.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥49.3B | ¥46.5B | ¥43.2B | ¥43.7B | ¥42.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥33.3B | ¥33.7B | ¥20.2B | ¥21.4B | ¥20.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥23.1B | ¥18.1B | ¥14.6B | ¥14.3B | ¥13.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥938M | ¥747M | ¥1.2B | ¥1.5B | ¥1.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥132.2B | ¥135.3B | ¥107.0B | ¥118.7B | ¥111.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥81.0B | ¥64.0B | ¥46.6B | ¥57.6B | ¥52.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥38.8B | ¥17.0B | ¥7.8B | ¥9.4B | ¥6.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥51.2B | ¥71.3B | ¥60.4B | ¥61.1B | ¥58.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥23.7B | ¥45.3B | ¥37.2B | ¥38.2B | ¥33.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥8.2B | ¥6.0B | ¥7.6B | ¥7.2B | ¥8.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥117.9B | ¥115.5B | ¥110.9B | ¥111.5B | ¥98.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥8.6B | ¥10.5B | ¥14.9B | ¥14.8B | ¥14.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥71.5B | ¥76.8B | ¥69.9B | ¥75.7B | ¥65.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1.2B | ¥-5.6B | ¥-4.0B | ¥-2.6B | ¥-1.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥24.2B | ¥20.2B | ¥18.0B | ¥11.6B | ¥7.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥115.3B | ¥114.2B | ¥110.9B | ¥111.6B | ¥98.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥2.6B | ¥1.4B | ¥-60M | ¥-34M | ¥-13M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥62.5B | ¥62.3B | ¥45.0B | ¥47.6B | ¥39.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-23.3B | ¥-11.3B | ¥-7.2B | ¥6.7B | ¥2.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-16.0B | ¥-6.6B | ¥401M | ¥6.7B | ¥-7.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-334 | ¥-138 | ¥8 | ¥135 | ¥-148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥2,402 | ¥2,371 | ¥2,260 | ¥2,240 | ¥1,955 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥9.2B | ¥12.3B | ¥1.5B | ¥12.0B | ¥18.8B |
| D&A | ¥10.4B | ¥9.5B | ¥9.1B | ¥9.5B | ¥9.3B |
| Investing CF | ¥-13.8B | ¥-11.4B | ¥-8.0B | ¥-4.4B | ¥-6.9B |
| CapEx | ¥6.3B | ¥6.7B | ¥4.4B | ¥5.5B | ¥6.7B |
| Purchase Investments | ¥-318M | ¥-138M | ¥-12M | ¥-17M | ¥-312M |
| Financing CF | ¥-8.4B | ¥9.1B | ¥-12.6B | ¥1.1B | ¥2.6B |
| Free Cash Flow | ¥2.9B | ¥5.6B | ¥-2.9B | ¥6.6B | ¥12.1B |
| Net Change in Cash | ¥-11.8B | ¥13.1B | ¥-16.5B | ¥12.0B | ¥17.3B |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 0.9% | 3.4% | -2.7% | 9.7% | 16.1% |
| ROA | 0.4% | 1.6% | -1.3% | 4.6% | 7.6% |
| EPS | ¥21.13 | ¥80.15 | ¥-61.13 | ¥203.65 | ¥318.35 |
| DPS | ¥50.00 | ¥50.00 | ¥50.00 | ¥50.00 | ¥40.00 |
| FCF/Share | ¥60 | ¥116 | ¥-60 | ¥132 | ¥241 |
| NCAV/Share | ¥-334 | ¥-138 | ¥8 | ¥135 | ¥-148 |
| Payout Ratio | 236.6% | 62.4% | — | 24.6% | 12.6% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 15
| # | 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)管理有価証券信託設定分
|
2,865 | 5.96% |
| 2 | 鈴木興産株式会社 | 2,563 | 5.33% |
| 3 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行)
|
2,107 | 4.38% |
| 4 |
Mizuho Bank
株式会社みずほ銀行
|
2,076 | 4.32% |
| 5 |
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)投資信託設定分
|
2,042 | 4.25% |
| 6 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)管理有価証券信託設定分
|
1,960 | 4.08% |
| 7 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)投資信託設定分
|
1,931 | 4.02% |
| 8 |
The Bank of Kyoto
株式会社京都銀行(常任代理人 株式会社日本カストディ銀行)
|
1,442 | 3.00% |
| 9 | JPモルガン証券株式会社 | 1,140 | 2.37% |
| 10 | ニッシャ共栄会 | 1,137 | 2.36% |
as of 2025-12-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
18.3%
+2.4% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-2.9% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
21.8%
-2.9% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 40.1% · 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 | 10.37% | 9.25% | 10.21% +0.96% | |
| Japan Custody Bank 日本カストディ銀行 | 8.31% | 6.65% | 8.10% +1.45% | |
| 鈴木興産 | 5.22% | 5.32% | 5.33% +0.01% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 4.29% | 4.37% | 4.38% +0.01% | |
| Mizuho Bank みずほ銀行 | 4.23% | 4.31% | 4.32% +0.01% | |
| The Bank of Kyoto 式会社京都銀行 | 2.93% | 2.99% | 3.00% +0.01% | |
| JPモルガン証券 NEW ENTRY | — | — | — | 2.37% NEW |
| ニッシャ共栄会 | 2.29% | 2.27% | 2.36% +0.09% | |
| State Street last seen 2024 | Exited Top 10 | 2.38% | 2.87% | — |
| タイヨー フアンド エルピー last seen 2024 | Exited Top 10 | 3.54% | 2.80% | — |
| タイヨー ハネイ フアンド エルピー last seen 2024 | Exited Top 10 | 2.82% | 2.63% | — |
| Concentration (HHI) ⓘ | 280 | 233 | 256 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥7,829M
-43% since 2023
Holdings
20
+1 new
3 exited
Trend
2 unwinding
vs 2023
| Held Company | FY2025 ¥7,829M total | FY2023 ¥13,800M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
HORIBA, Ltd.
㈱堀場製作所
|
1,904 |
119,300
|
1,315 | 119,300 | M |
|
SCREEN Holdings Co., Ltd.
㈱SCREENホールディングス
|
1,559 |
102,358
|
1,221 | 102,358 | M |
|
NIDEC CORPORATION
ニデック㈱
|
960 |
+100.0%
↑
450,400
|
1,282 | 225,200 | M |
|
Kyoto Financial Group, Inc.
㈱京都フィナンシャルグループ
|
933 |
+300.0%
↑
272,536
|
598 | 68,134 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
833 |
334,410
|
405 | 334,410 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
583 |
102,451
|
247 | 102,451 | M |
|
Shimadzu Corporation
㈱島津製作所
|
262 |
62,889
|
247 | 62,889 | M |
|
Nippon Shinyaku Co.,Ltd.
日本新薬㈱
|
238 |
42,242
|
211 | 42,242 | M |
|
Dainichiseika Color & Chemicals Mfg. Co., Ltd.
大日精化工業㈱
|
205 |
49,400
|
124 | 49,400 | M |
| 三菱鉛筆㈱(持株会) | 142 |
+0.3%
↑
65,568
|
136 | 65,386 | |
|
Oji Holdings Corporation
王子ホールディングス㈱
|
119 |
138,694
|
75 | 138,694 | M |
|
Japan Pulp & Paper Co., Ltd.
日本紙パルプ商事㈱
|
40 |
+914.8%
↑
45,980
|
22 | 4,531 | M |
|
DIC Corporation
DIC㈱
|
31 |
-65.7%
↓
8,670
|
70 | 25,270 | M |
|
artience Co., Ltd.
artience㈱
|
11 |
-8.2%
↓
3,400
|
9 | 3,702 | M |
|
KPP GROUP HOLDINGS CO., LTD.
KPPグループホールディングス㈱
|
9 |
NEW
New
11,000
|
— | M | |
|
MITSUBISHI PAPER MILLS LIMITED
三菱製紙㈱
|
— | — | M | ||
| 日新電機㈱ | — | — | M | ||
|
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬㈱
|
— | — | M | ||
|
Nippon Electric Glass Co., Ltd.
日本電気硝子㈱
|
— | — | |||
|
KOMORI CORPORATION
㈱小森コーポレーション
|
— | — | M | ||
|
Nintendo Co., Ltd.
任天堂㈱
|
— |
−100%
Exit
—
|
7,809 | 1,061,260 | M |
|
KYOTO TOOL CO.,LTD.
京都機械工具㈱
|
— |
−100%
Exit
—
|
22 | 10,000 | M |
| KPPホールディングス㈱ | — |
−100%
Exit
—
|
7 | 11,000 | M |
| Portfolio total | 7,829 | 13,800 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding