Noritake Co.,Limited AI Stock Analysis
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Noritake Co.,Limited (5331) AI Stock Analysis
Noritake Co.,Limited
(TSE/TYO:5331)
The overall score is driven primarily by strong balance sheet quality and solid profitability, supported by attractive valuation (low P/E and ~3.84% dividend yield). These positives are tempered by weak technicals (below major moving averages with negative MACD) and, most importantly, recent cash-flow inconsistency with negative free cash flow in 2025–2026.
Noritake Co.,Limited (5331) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 170.18B
- Dividend Yield
- 3.66%
- Average Volume (3M)
- 201.92K
- Price to Earnings (P/E)
- 10.0
- Beta (1Y)
- 1.35
- Revenue Growth
- 12.25%
- EPS Growth
- 39.22%
- Country
- Japan
- Employees
- 4,901
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Conglomerates
Noritake Co.,Limited Business Overview & Revenue Model
Company Description
Noritake Co., Limited operates globally as a producer and distributor of a diverse range of products across industrial, ceramic and material, tabletop, and engineering sectors. Its industrial division furnishes solutions such as abrasive wheels, coat...
Noritake Co.,Limited Financial Statement Overview
Summary
Solid profitability trend and a strong, low-leverage balance sheet support the score, but it is materially offset by highly volatile operating cash flow and negative free cash flow in 2025–2026, indicating inconsistent cash conversion despite reported earnings.
Income Statement
78PositiveBalance Sheet
86Very PositiveCash Flow
38Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.45B | 142.91B | 138.18B | 137.91B | 139.49B | 127.64B |
| Gross Profit | 45.12B | 40.97B | 37.28B | 36.51B | 34.03B | 33.74B |
| EBITDA | 25.91B | 25.06B | 22.46B | 20.22B | 17.39B | 16.22B |
| Net Income | 16.64B | 14.18B | 12.94B | 11.48B | 10.02B | 9.07B |
Balance Sheet | ||||||
| Total Assets | 241.92B | 230.08B | 198.31B | 202.07B | 180.59B | 163.56B |
| Cash, Cash Equivalents and Short-Term Investments | 17.51B | 19.57B | 16.61B | 21.34B | 14.60B | 14.17B |
| Total Debt | 12.94B | 13.15B | 6.55B | 2.97B | 12.79B | 6.75B |
| Total Liabilities | 65.29B | 62.33B | 47.45B | 54.10B | 51.62B | 44.76B |
| Stockholders Equity | 175.37B | 166.74B | 149.98B | 147.10B | 128.19B | 118.12B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -4.07B | -4.79B | 16.72B | -5.57B | 8.01B |
| Operating Cash Flow | 0 | 10.04B | 2.02B | 22.04B | -213.00M | 12.84B |
| Investing Cash Flow | 0 | -7.71B | -5.26B | -3.24B | -3.52B | -5.82B |
| Financing Cash Flow | 0 | -1.54B | -3.03B | -13.49B | 3.31B | -5.39B |
Noritake Co.,Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5331, the sentiment is Negative. The current price of 3005.00 is below the 20-day moving average (MA) of 3189.80, below the 50-day MA of 3419.75, and below the 200-day MA of 3436.74, indicating a bearish trend. The MACD of -140.84 indicates Positive momentum. The RSI at 40.38 is Neutral, neither overbought nor oversold. The STOCH value of 52.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5331.
Noritake Co.,Limited Peers Comparison
Overall Rating
JP:310680Outperform
JP:539372Outperform
JP:420466Neutral
JP:535564Neutral
JP:533164Neutral
JP:340162Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 80Outperform | JPY 184.95B | 11.36 | ― | 9.34% | 1.96% | 32.98% | |
| 72Outperform | JPY 611.16B | 16.27 | 15.37% | 2.04% | 8.89% | 23.72% | |
| 66Neutral | JPY 1.09T | 14.09 | 9.23% | 2.99% | 6.37% | 13.53% | |
| 64Neutral | JPY 4.44B | 8.81 | ― | 2.72% | 7.56% | 38.72% | |
| 64Neutral | JPY 170.18B | 9.96 | 9.77% | 3.66% | 12.25% | 39.22% | |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| 62Neutral | JPY 348.21B | 18.01 | 4.89% | 2.77% | -9.20% | -28.11% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:5331 | Noritake Co.,Limited | 3005.00 | 549.75 | 22.39% | |
| JP:5393 | Nichias Corporation | 3157.00 | 1205.82 | 61.80% | |
| JP:4204 | Sekisui Chemical Co | 2710.00 | 187.29 | 7.42% | |
| JP:3401 | Teijin | 1806.50 | 576.18 | 46.83% | |
| JP:3106 | KURABO INDUSTRIES LTD. | 2133.00 | 778.41 | 57.46% | |
| JP:5355 | Nippon Crucible Co., Ltd. | 662.00 | 74.25 | 12.63% |
Noritake Co.,Limited Corporate Events
Noritake Raises Fiscal 2027 Forecast on Stronger Ceramic Materials Demand
Noritake raised its consolidated earnings forecast for the fiscal year ending March 31, 2027, increasing projected net sales to ¥160.0 billion, operating profit to ¥14.5 billion, ordinary profit to ¥18.0 billion, and profit attributable to owners of...
Noritake Reports Strong First-Half Sales and Profit Growth
Noritake Co., Limited is a diversified Japanese manufacturer serving industrial and consumer markets with tableware, ceramics, abrasives and related engineering products. Its businesses address a broad range of manufacturing and consumer applications...
Noritake Raises Dividend Forecast in Line With Progressive Payout Policy
Noritake Co., Limited has raised its dividend forecast for the fiscal year ending March 31, 2027, increasing both interim and year-end dividends from 50 yen to 60 yen per share, for a total of 120 yen. This revision follows a two-for-one stock split...
Noritake Upgrades Earnings Outlook on Strong Electronics Materials Demand
Noritake Co., Limited has raised its consolidated earnings forecasts for the first half of the fiscal year ending March 31, 2027, citing stronger-than-expected performance in its Ceramic & Materials Business. Materials for multilayer ceramic capacito...
Noritake Delivers Strong Q1 FY2026 Rebound and Raises Full-Year Outlook
Noritake Co., Limited reported a strong rebound in the three months ended June 30, 2026, with net sales rising 18.6% year-on-year to ¥39.7 billion and operating profit surging 84.7% to ¥4.0 billion. Ordinary profit climbed 63.2% to ¥5.4 billion, whil...
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: Nov 06, 2026
