Nippon Seisen Co Ltd

Chart & Performance

D1W1MN

P/E

15.89

P/S

0.92

EPS

84.50

Div Yield, %

9.69%

Shrs. gr., 5y

—

Rev. gr., 5y

2.91%

Revenues

44.73b

-8.82%

Net income

2.59b

-16.01%

CFO

4.68b

+151.59%

Dividend

Mar 28, 20250 JPY/sh

Profile

Nippon Seisen Co.,Ltd. manufactures and sells stainless steel wires in Japan and internationally. Its stainless-steel wires include spring, micro, cold heading, shaft, weaving, and high-alloy/titanium wires for use in used in vehicles, aircraft, office automation appliances, electric appliances, medical instruments, commodities, and leisure goods, as well as screws, steel nettings, etc. The company also offers filament yarn, cloth, tape/belt, felt, knit, sleeve, chop, and other metal fibers under the NASLON brand name. In addition, it provides filters, such as metal filters, including NASLON filters, NPM filters, EXCEL PORE, FINE MET, and re-washable systems for synthetic fiber, film, resin, nuclear and thermal power generation, petroleum refining, medical, and other applications; and semiconductor gas filters for process and bulk gases, component protection, integrated gas panels, and diffusers. Further, the company offers straight bars; flat, angular, precise, and other shaped wires; palladium alloy roll-plated hydrogen separation membrane for high purity hydrogen gas production and purification; high-strength copper-alloy wire for optical pickup and camera module; duplex stainless-steel wire for corrosion resistant springs, ropes, fasteners, wire mesh, etc.; and co-based alloy for medical use. The company was formerly known as The Sanshin Special Wire Manufacturing Company and changed its name to Nippon Seisen Co.,Ltd. in October 1956. Nippon Seisen Co.,Ltd. was incorporated in 1951 and is headquartered in Osaka, Japan.

URL

https://www.n-seisen.co.jp/

IPO date

Mar 01, 1962

Employees

893

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	44,727,000 -8.82%	49,055,000 9.51%	44,795,000 31.33%
Cost of revenue	41,789,000	45,298,000	40,588,000
Unusual Expense (Income)
NOPBT	2,938,000	3,757,000	4,207,000
NOPBT Margin	6.57%	7.66%	9.39%
Operating Taxes	1,090,000	1,188,000	1,425,000
Tax Rate	37.10%	31.62%	33.87%
NOPAT	1,848,000	2,569,000	2,782,000
Net income	2,592,000 -16.01%	3,086,000 -2.86%	3,177,000 74.08%
Dividends	(1,297,000)	(1,322,000)	(1,041,000)
Dividend yield	3.00%	4.70%	3.81%
Proceeds from repurchase of equity		(1,000)
BB yield		0.00%
Debt
Debt current	268,000	321,000	362,000
Long-term debt	216,000	368,000	43,000
Deferred revenue		(198,000)	(183,000)
Other long-term liabilities	4,894,000	5,088,000	4,873,000
Net debt	(14,854,000)	(14,235,000)	(15,497,000)
Cash flow
Cash from operating activities	4,682,000	1,861,000	4,473,000
CAPEX	(2,637,000)	(2,018,000)	(1,782,000)
Cash from investing activities	(2,823,000)	(1,781,000)	(1,700,000)
Cash from financing activities	(1,537,000)	(1,046,000)	(1,337,000)
FCF	327,000	(1,072,000)	1,926,000
Balance
Cash	15,238,000	14,657,000	15,640,000
Long term investments	100,000	267,000	262,000
Excess cash	13,101,650	12,471,250	13,662,250
Stockholders' equity	34,328,000	68,805,000	65,459,000
Invested Capital	31,740,350	30,147,750	25,611,750
ROIC	5.97%	9.21%	11.07%
ROCE	6.55%	8.77%	10.66%
EV
Common stock shares outstanding	30,666	30,660	30,660
Price	1,412.00 53.98%	917.00 3.03%	890.00 25.53%
Market cap	43,300,392 54.01%	28,115,220 3.03%	27,287,400 25.53%
EV	29,049,392	50,797,220	46,880,400
EBITDA	4,632,000	5,358,000	5,789,000
EV/EBITDA	6.27	9.48	8.10
Interest	4,000	3,000	4,000
Interest/NOPBT	0.14%	0.08%	0.10%