NIX, INC. (4243) AI Stock Analysis

1 Followers

NIX, INC.

(TSE/TYO:4243)

Select Model

Rating:78Outperform

Price Target:JPY 1,192.00▲(26.41% Upside)

Action:reiterated

Date:08/17/26

The score is driven primarily by strong financial stability (very low leverage and solid balance sheet) and attractive valuation (low P/E with a dividend). Technicals are supportive with price above major moving averages and positive momentum, but the overall rating is tempered by modest profitability/returns and uneven free cash flow conversion.

Positive Factors

Conservative balance sheetVery low leverage and a growing equity base provide a durable financial cushion, reducing balance-sheet pressure during weaker periods. This stability can preserve strategic flexibility, support continued operations, and leave more capacity for investment or shareholder returns over the next several quarters.

Negative Factors

Modest profitability and returnsLow margins and modest returns indicate that the company generates limited profit from each unit of revenue and its equity base. This constrains the pace of internally funded growth and leaves earnings more exposed to cost pressure or small changes in operating performance.

NIX, INC. (4243) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 1.91B
Dividend Yield: 2.12%
Average Volume (3M): 3,335
Price to Earnings (P/E): 4.8
Beta (1Y): 0.59
Revenue Growth: 6.24%
EPS Growth: 81.88%
Country: Japan
Employees: 154
Sector: Basic Materials
Sector Strength: 61
Industry: Chemicals - Specialty

NIX, INC. Business Overview & Revenue Model

Company Description

Nix, Inc., a company established in Yokohama, Japan, in 1949 (and formerly known as Nikko Kogyo Corporation until its name change in 2001), specializes in the design, production, and international sale of high-precision engineering plastic parts, mec...

NIX, INC. Financial Statement Overview

Summary

Strong financial stability driven by a conservatively positioned balance sheet (very low leverage and building equity). Profitability is steady but modest (net margin ~4.4%, ROE ~4–5%), and cash flow quality is a constraint due to uneven free cash flow conversion (latest ~41% of net income) and a prior negative FCF year.

Income Statement

71Positive

Balance Sheet

86Very Positive

Cash Flow

63Positive

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	4.65B	4.40B	4.39B	4.52B	4.47B	4.07B
Gross Profit	2.09B	1.89B	1.95B	2.06B	1.91B	1.76B
EBITDA	640.88M	458.14M	444.17M	352.38M	433.52M	381.41M
Net Income	400.98M	194.09M	182.21M	156.82M	214.84M	197.44M
Balance Sheet
Total Assets	6.34B	6.12B	6.05B	5.94B	6.05B	5.83B
Cash, Cash Equivalents and Short-Term Investments	2.34B	2.11B	2.05B	1.82B	1.84B	1.86B
Total Debt	106.93M	201.58M	253.94M	226.52M	468.24M	457.06M
Total Liabilities	1.46B	1.65B	1.77B	1.78B	2.04B	2.13B
Stockholders Equity	4.88B	4.47B	4.28B	4.16B	4.02B	3.70B
Cash Flow
Free Cash Flow	119.77M	119.77M	241.02M	255.88M	-55.89M	138.33M
Operating Cash Flow	291.21M	291.21M	374.08M	348.24M	126.75M	280.28M
Investing Cash Flow	-335.93M	-335.93M	-94.24M	-103.60M	-49.09M	-113.92M
Financing Cash Flow	-105.13M	-105.13M	-30.13M	-286.78M	-32.57M	49.76M

NIX, INC. Technical Analysis

Technical Analysis SentimentNegative

Last Price943.00

Price Trends

50DMA1006.39Negative

100DMA968.55Negative

200DMA910.46Positive

Market Momentum

MACD-22.53Positive

RSI43.91Neutral

STOCH59.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4243, the sentiment is Negative. The current price of 943.00 is below the 20-day moving average (MA) of 974.65, below the 50-day MA of 1006.39, and above the 200-day MA of 910.46, indicating a neutral trend. The MACD of -22.53 indicates Positive momentum. The RSI at 43.91 is Neutral, neither overbought nor oversold. The STOCH value of 59.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4243.

NIX, INC. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:4243 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:4629	83Outperform	JPY 10.93B	7.73	―	1.84%	9.24%	125.63%
JP:4243	78Outperform	JPY 2.14B	4.78	―	2.12%	6.24%	81.88%
JP:4623	74Outperform	JPY 5.99B	8.25	―	3.37%	30.70%	20.84%
JP:4624	67Neutral	JPY 5.90B	8.09	―	1.25%	6.21%	51.54%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JP:4616	60Neutral	JPY 4.03B	8.58	―	1.09%	12.28%	310.34%
JP:4615	50Neutral	JPY 4.97B	-13.68	―	―	1.61%	-84.56%

* Basic Materials Sector Average

Performance Comparison

JP:4243 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:4243	NIX, INC.	943.00	144.92	18.16%
JP:4615	Shinto Paint Co., Ltd.	145.00	17.00	13.28%
JP:4616	Kawakami Paint Manufacturing Co., Ltd.	4090.00	1788.60	77.72%
JP:4623	Asahipen Corporation	1780.00	117.40	7.06%
JP:4624	Isamu Paint Co., Ltd.	4000.00	466.54	13.20%
JP:4629	Daishin Chemical Co., Ltd.	2441.00	846.15	53.06%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026

NIX, INC. AI Stock Analysis