9902
nichiden corporation
株式会社日伝
Wholesale Trade
NICHIDEN Corporation operates as a trading company in Japan. It offers cylinders, valves, coupling, etc.; industrial robots, controllers, etc.; and sensors, touchscreens, measuring devices, etc. for the control equipment field. The company also provides motors, reduction drives, gearboxes, etc.; chains, gear wheels, coupling, etc.; and handles, bearings, linear motions guides, etc. for the power transmission device field. In addition, it offers dust collectors, pumps, compressors, LEDs, etc.; conveyors, lifts, casters, etc.; and containers, palettes, storage shelves, etc. for industrial machinery fields. Further, the company provides transport equipment, vibrators, lifting and lowering machines, storage-related equipment, transport systems, structural system equipment, packaging and packaging systems, other loading and unloading/transportation-related products, environmental equipment, fans, and cleaning equipment, pumps, other machinery and equipment, and tools and related products. Additionally, it offers Hydraulic equipment, pneumatic equipment, vacuum equipment, hoses, tubes, joints, sequencers, displays, actuators, switches, encoders, image, processing, panel equipment, nut runners, mechatronics parts, piping, equipment, communication and network equipment, uninterruptible power supplies, and other control equipment related products. NICHIDEN Corporation was founded in 1935 and is headquartered in Osaka, Japan.
Price
¥2,525
Market Cap
¥74.5B
Ent. Value
—
Net Cash
est
—
Shares Out.
29.5M
P / E
15.4×
EV / EBIT
—
P / Book
0.86×
P / NCAV
1.65×
Div. Yield
2.97%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥134.8B | ¥126.9B | ¥131.6B | ¥124.0B |
| Cost of Sales | ¥114.1B | ¥107.8B | ¥112.0B | ¥106.0B |
| Gross Profit | ¥20.7B | ¥19.1B | ¥19.6B | ¥18.0B |
| SG&A | ¥13.9B | ¥13.3B | ¥13.3B | ¥12.5B |
| Operating Income | ¥6.8B | ¥5.8B | ¥6.3B | ¥5.5B |
| Non-Operating Income | ¥761M | ¥887M | ¥794M | ¥790M |
| Dividend Income | ¥274M | ¥250M | ¥224M | ¥173M |
| Non-Operating Expenses | ¥385M | ¥265M | ¥324M | ¥210M |
| Interest Expense | ¥150M | ¥157M | ¥168M | ¥178M |
| Ordinary Income | ¥7.2B | ¥6.4B | ¥6.8B | ¥6.1B |
| Pre-tax Income | ¥7.2B | ¥6.8B | ¥7.2B | ¥6.1B |
| Income Taxes | ¥2.3B | ¥2.2B | ¥2.2B | ¥1.8B |
| Current Tax | ¥2.3B | ¥2.2B | ¥2.3B | ¥1.9B |
| Deferred Tax | ¥33M | ¥-17M | ¥-64M | ¥-81M |
| Net Income (owners) | ¥4.9B | ¥4.7B | ¥5.0B | ¥4.2B |
| Comprehensive Income | ¥3.9B | ¥6.2B | ¥5.1B | ¥4.2B |
| EBITDA | ¥8.3B | ¥7.1B | ¥7.9B | ¥7.1B |
| Goodwill Amort. (J-GAAP) | ¥188M | — | — | — |
| EPS | ¥164.32 | ¥151.79 | ¥158.19 | ¥135.20 |
| Shares Outstanding | 29.5M | 30.4M | 31.4M | 31.4M |
| Shares Issued (total) | 30.0M | 30.9M | 31.9M | 31.9M |
| Treasury Shares | 0.5M | 0.5M | 0.5M | 0.5M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥121.3B | ¥127.6B | ¥122.8B | ¥120.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥80.3B | ¥84.9B | ¥82.2B | ¥81.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥15.6B | ¥15.0B | ¥15.9B | ¥16.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥18.4B | ¥17.4B | ¥17.0B | ¥17.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥41.0B | ¥42.7B | ¥40.6B | ¥39.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥20.8B | ¥19.6B | ¥19.1B | ¥18.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥2.1B | ¥2.5B | — | — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥3.0B | ¥3.1B | ¥557M | ¥1.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥15.9B | ¥18.7B | ¥19.5B | ¥17.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥44M | ¥52M | ¥29M | ¥26M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥35.1B | ¥39.4B | ¥36.5B | ¥37.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥27.0B | ¥30.7B | ¥28.6B | ¥29.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥12.8B | ¥11.2B | ¥11.8B | ¥12.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥1.3B | ¥1.1B | ¥1.5B | ¥1.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥8.1B | ¥8.7B | ¥7.9B | ¥8.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥92M | ¥90M | ¥79M | ¥84M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥2.4B | ¥2.7B | ¥2.1B | ¥2.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥86.2B | ¥88.2B | ¥86.3B | ¥83.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥5.4B | ¥5.4B | ¥5.4B | ¥5.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥6.3B | ¥6.3B | ¥7.3B | ¥7.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥69.6B | ¥70.1B | ¥68.5B | ¥65.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1.4B | ¥-1.0B | ¥-672M | ¥-672M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥6.4B | ¥7.4B | ¥5.9B | ¥5.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥79.8B | ¥80.8B | ¥80.4B | ¥77.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥15.6B | ¥15.0B | ¥15.9B | ¥16.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥45.2B | ¥45.5B | ¥45.7B | ¥44.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,531 | ¥1,497 | ¥1,455 | ¥1,409 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥2,704 | ¥2,657 | ¥2,561 | ¥2,468 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥4.5B | ¥5.0B | ¥2.1B | ¥3.1B |
| Interest Paid | ¥-150M | ¥-157M | ¥-168M | ¥-178M |
| Interest Received | ¥379M | ¥350M | ¥326M | ¥255M |
| D&A | ¥1.3B | ¥1.3B | ¥1.6B | ¥1.6B |
| Goodwill Amort. | ¥188M | — | — | — |
| Investing CF | ¥3.3B | ¥-2.4B | ¥46M | ¥-3.8B |
| CapEx | ¥2.3B | ¥1.7B | ¥1.5B | ¥3.1B |
| Purchase Investments | ¥-101M | ¥-291M | ¥-2.0B | ¥-1.6B |
| Financing CF | ¥-6.3B | ¥-4.9B | ¥-2.5B | ¥-1.7B |
| Dividends Paid | ¥-2.9B | ¥-2.0B | ¥-2.0B | ¥-1.3B |
| Share Buybacks | ¥-3.1B | ¥-2.5B | — | ¥0M |
| Free Cash Flow | ¥2.1B | ¥3.4B | ¥620M | ¥-10M |
| Net Change in Cash | ¥1.5B | ¥-2.2B | ¥-283M | ¥-2.3B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 5.6% | 5.4% | 5.9% | 5.2% |
| ROA | 3.9% | 3.7% | 4.1% | 3.5% |
| EPS | ¥164.32 | ¥151.79 | ¥158.19 | ¥135.20 |
| DPS | ¥75.00 | ¥65.00 | ¥65.00 | ¥65.00 |
| BPS | ¥2,920.65 | ¥2,900.78 | ¥2,748.72 | ¥2,652.83 |
| FCF/Share | ¥72 | ¥111 | ¥20 | ¥0 |
| NCAV/Share | ¥1,531 | ¥1,497 | ¥1,455 | ¥1,409 |
| Payout Ratio | 45.6% | 42.8% | 41.1% | 48.1% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 5
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-08
13:00
|
Buyback | — | Board resolved to repurchase up to 600,000 shares. | |
|
Summary
Board resolved to repurchase up to 600,000 shares.
Shares: 600,000
Source (JP)
当社普通株式
(2) 取得する株式の総数 600,000 株(上限)
(発行済株式総数(自己株式を除く)に対する割合 2.03%)
(3) 取得価格の総額 2,000,000,000
自己株式取得に係る事項の決定および自己株式消却に関するお知らせ
TDnet PDF
|
||||
|
2026-05-08
13:00
|
Div Cut | ¥1.0B ¥35.0/sh -22% | Nippon Densan (9902) announced a year-end dividend of ¥35 per share for FY2026 (ended March 31, 2026), representing a 22… | |
|
Summary
Nippon Densan (9902) announced a year-end dividend of ¥35 per share for FY2026 (ended March 31, 2026), representing a 22.2% reduction from the prior year's ¥45 per share (which included a special ¥10 anniversary dividend). Total dividend payment will be ¥1,033 million. The company accelerated the payment start date from the business day after the annual shareholder meeting to June 1, 2026, leveraging statutory flexibility under the Companies Act.
YoY: -22%
Source (JP)
当期の業績および今後の事業展開等を勘案し、2026年3月期の期末配当金として1株につき普通配当35円といたします。前期実績の期末配当金には、創業90周年記念配当金10円を含んでおります。
剰余金の配当および支払開始日の早期化に関するお知らせ
TDnet PDF
|
||||
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | 日伝共栄会 | 3,695 | 12.51% |
| 2 |
Stock Ownership Plan
日伝仕入先持株会
|
2,392 | 8.10% |
| 3 | 株式会社利双企画 | 1,700 | 5.75% |
| 4 |
Japan Master Trust Bank
日本マスタートラスト信託銀行 株式会社(信託口)
|
1,146 | 3.88% |
| 5 |
The Hyakujushi Bank,Ltd.
株式会社百十四銀行
|
982 | 3.32% |
| 6 |
Employee Stock Ownership Plan
日伝従業員持株会
|
904 | 3.06% |
| 7 | 西木 利彦 | 819 | 2.77% |
| 8 | 西木 進 | 792 | 2.68% |
| 9 | 株式会社ニシキ興産 | 747 | 2.53% |
| 10 |
Mizuho Bank
株式会社みずほ銀行
|
700 | 2.37% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
3.9%
-0.7% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
43.1%
+0.6% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 47.0% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 日伝共栄会 | 12.61% | 12.56% | 12.51% -0.05% | |
| Stock Ownership Plan 日伝仕入先持株会 | 7.75% | 7.99% | 8.10% +0.11% | |
| 式会社利双企画 | 5.41% | 5.59% | 5.75% +0.16% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 4.20% | 4.58% | 3.88% -0.70% | |
| The Hyakujushi Bank,Ltd. 式会社百十四銀行 | 3.13% | 3.22% | 3.32% +0.10% | |
| Employee Stock Ownership Plan 日伝従業員持株会 | 3.05% | 2.98% | 3.06% +0.08% | |
| 西木 利彦 | 2.65% | 2.71% | 2.77% +0.06% | |
| 西木 進 | 2.92% | 2.72% | 2.68% -0.04% | |
| 式会社ニシキ興産 | 2.38% | 2.45% | 2.53% +0.08% | |
| Mizuho Bank みずほ銀行 | 2.23% | 2.30% | 2.37% +0.07% | |
| Concentration (HHI) ⓘ | 311 | 319 | 317 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥11,343M
+7% since 2023
Holdings
42
+5 new
6 exited
Trend
1 unwinding
vs 2023
| Held Company | FY2025 ¥11,343M total | FY2023 ¥10,561M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
DAIFUKU CO.,LTD.
㈱ダイフク
|
2,591 |
+206.3%
↑
711,618
|
1,702 | 232,347 | M |
|
SMC CORPORATION
SMC㈱
|
2,430 |
+0.3%
↑
45,805
|
3,189 | 45,677 | M |
|
ESTIC CORPORATION
㈱エスティック
|
987 |
1,120,000
|
1,024 | 1,120,000 | M |
|
SINFONIA TECHNOLOGY CO., LTD.
シンフォニアテクノロジー㈱
|
891 |
+4.1%
↑
149,016
|
225 | 143,088 | M |
|
SANYO DENKI CO.,LTD.
山洋電気㈱
|
604 |
+4.9%
↑
64,730
|
379 | 61,704 | M |
|
TSUBAKIMOTO CHAIN CO.
㈱椿本チエイン (注)7
|
518 |
NEW
New
280,659
|
— | M | |
|
Mitsuboshi Belting Ltd.
三ツ星ベルト㈱
|
431 |
115,500
|
454 | 115,500 | M |
|
The Hyakujushi Bank,Ltd.
㈱百十四銀行
|
344 |
99,115
|
182 | 99,115 | M |
|
NIPPON THOMPSON CO., LTD.
日本トムソン㈱
|
312 |
+5.3%
↑
642,640
|
354 | 610,398 | M |
|
TOBA,INC.
㈱鳥羽洋行
|
308 |
+2.6%
↑
87,650
|
243 | 85,440 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
241 |
59,525
|
111 | 59,525 | |
|
Takatori Corporation
㈱タカトリ
|
222 |
+2.3%
↑
166,220
|
846 | 162,514 | M |
|
JRC CO.,LTD.
㈱JRC
|
178 |
NEW
New
180,100
|
— | M | |
|
Nitta Corporation
ニッタ㈱
|
159 |
+5.3%
↑
42,636
|
118 | 40,496 | M |
|
Resona Holdings, Inc.
㈱りそなホールディングス
|
121 |
94,715
|
60 | 94,715 | |
|
NIDEC CORPORATION
ニデック㈱ (注)8
|
117 |
NEW
New
47,232
|
— | ||
|
TSURUMI MANUFACTURING CO.,LTD.
㈱鶴見製作所
|
102 |
+1.9%
↑
33,220
|
67 | 32,594 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
79 |
39,680
|
33 | 39,680 | |
|
NAKANISHI MFG.CO.,LTD.
㈱中西製作所
|
66 |
+3.7%
↑
26,327
|
47 | 25,396 | |
|
NITTO KOGYO CORPORATION
日東工業㈱
|
63 |
+13.0%
↑
20,288
|
47 | 17,948 | M |
|
NIPPON GEAR CO.,LTD.
日本ギア工業㈱
|
59 |
123,000
|
62 | 123,000 | M |
|
CONVUM Ltd.
コンバム㈱
|
56 |
28,000
|
58 | 28,000 | M |
|
DAIDO METAL CO., LTD.
大同メタル工業㈱
|
52 |
+5.8%
↑
107,088
|
51 | 101,212 | M |
|
Panasonic Holdings Corporation
パナソニックホールディングス㈱
|
47 |
NEW
New
26,533
|
— | ||
|
TOMITA CO.LTD.
㈱トミタ
|
44 |
+8.7%
↑
32,725
|
31 | 30,109 | M |
|
NACHI-FUJIKOSHI CORP.
㈱不二越
|
42 |
12,309
|
48 | 12,309 | M |
|
KOGI CORPORATION
虹技㈱
|
41 |
32,000
|
33 | 32,000 | M |
|
Rengo Co., Ltd.
レンゴー㈱
|
39 |
50,118
|
43 | 50,118 | |
|
KIKUKAWA ENTERPRISE,INC.
キクカワエンタープライズ㈱
|
29 |
5,000
|
18 | 5,000 | M |
|
OKUMA Corporation
オークマ㈱ (注)9
|
29 |
NEW
New
8,526
|
— | ||
|
NSK Ltd.
日本精工㈱
|
27 |
+52.4%
↑
42,547
|
21 | 27,915 | M |
|
MANDOM CORPORATION
㈱マンダム
|
26 |
-70.4%
↓
20,200
|
100 | 68,200 | |
|
Sekisui House,Ltd.
積水ハウス㈱
|
20 |
+21.1%
↑
6,154
|
13 | 5,081 | |
|
FUJI LATEX CO.,LTD.
不二ラテックス㈱
|
14 |
+11.8%
↑
8,388
|
14 | 7,505 | M |
|
HOKKAN HOLDINGS LIMITED
ホッカンホールディングス㈱
|
14 |
+16.6%
↑
8,640
|
10 | 7,410 | |
|
BRIDGESTONE CORPORATION
㈱ブリヂストン
|
13 |
2,200
|
11 | 2,200 | |
|
uematsu shokai co.,ltd.
㈱植松商会
|
10 |
11,000
|
7 | 11,000 | M |
|
MUSASHI SEIMITSU INDUSTRY CO.,LTD.
武蔵精密工業㈱
|
9 |
4,000
|
7 | 4,000 | |
|
KUBOTA CORPORATION
㈱クボタ
|
7 |
+6.7%
↑
4,111
|
7 | 3,852 | |
|
Nikko Co., Ltd.
日工㈱
|
1 |
2,000
|
1 | 2,000 | M |
| イハラサイエンス㈱ | — | — | M | ||
| ㈱キトー | — | — | |||
|
FUJI ELECTRIC CO., LTD.
富士電機㈱
|
— |
−100%
Exit
—
|
374 | 72,065 | |
|
TSUBAKIMOTO CHAIN CO.
㈱椿本チエイン
|
— |
−100%
Exit
—
|
291 | 90,598 | M |
| 日本電産㈱ | — |
−100%
Exit
—
|
161 | 23,616 | |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
— |
−100%
Exit
—
|
65 | 12,500 | |
|
Panasonic Holdings Corporation
パナソニックホールディングス㈱ (注)7
|
— |
−100%
Exit
—
|
31 | 26,533 | |
|
OKUMA Corporation
オークマ㈱
|
— |
−100%
Exit
—
|
23 | 3,961 | |
| Portfolio total | 11,343 | 10,561 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding