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Nikkato Corporation (JP:5367)
:5367
Japanese Market
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Nikkato Corporation (5367) AI Stock Analysis

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JP:5367

Nikkato Corporation

(5367)

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Outperform 71 (OpenAI - 5.2)
Rating:71Outperform
Price Target:
¥1,359.00
▲(115.71% Upside)
Action:Reiterated
Date:08/01/26
The score is driven primarily by solid financial performance—especially a strong, de-leveraging balance sheet and improved 2026 profitability—offset by historical cyclicality in revenue and cash flow. Technicals are mixed (below the 50-day but above longer-term averages), and valuation is moderate with a modest dividend yield.
Positive Factors
Strong de-leveraging
A materially lower debt load and a larger equity base improve financial resilience and reduce interest burden. This strengthens the company's ability to fund capex, withstand industrial demand downturns, and maintain strategic optionality over the next several quarters without relying on external financing.
Negative Factors
Cyclicality in revenue & cash flow
The company's results show pronounced sensitivity to industrial demand cycles, creating revenue and cash-flow volatility. This reduces forecasting visibility and can force defensive margin or capex trade-offs in downturns, complicating long-term planning and investor confidence over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong de-leveraging
A materially lower debt load and a larger equity base improve financial resilience and reduce interest burden. This strengthens the company's ability to fund capex, withstand industrial demand downturns, and maintain strategic optionality over the next several quarters without relying on external financing.
Read all positive factors

Nikkato Corporation (5367) vs. iShares MSCI Japan ETF (EWJ)

Nikkato Corporation Business Overview & Revenue Model

Company Description
Nikkato Corporation, a Japanese company established in 1913 with its headquarters in Sakai, specializes in the production and distribution of industrial ceramic goods. The company operates through two main divisions: Ceramics Business and Engineer...
How the Company Makes Money
null...

Nikkato Corporation Financial Statement Overview

Summary
Financials are solid overall: 2026 revenue rose ~13% to ~¥11.34B and net income increased to ~¥0.78B vs ~¥0.50B in 2025. The balance sheet is a key strength with debt down to ~¥0.51B (from ~¥1.66B in 2021) and equity up to ~¥14.14B, though ROE is moderate (~5.5%). The main constraint is cyclicality/volatility in revenue and cash flow across prior years despite positive 2026 operating cash flow (~¥1.68B) and free cash flow (~¥1.15B).
Income Statement
76
Positive
Balance Sheet
86
Very Positive
Cash Flow
72
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue10.13B11.34B10.08B10.24B10.73B9.98B
Gross Profit2.32B2.57B1.97B2.27B2.53B2.29B
EBITDA1.56B1.80B1.38B1.60B1.81B1.70B
Net Income676.61M775.70M503.57M701.91M835.36M671.88M
Balance Sheet
Total Assets16.80B18.85B17.28B17.32B17.05B16.68B
Cash, Cash Equivalents and Short-Term Investments3.38B4.14B3.64B3.38B3.51B3.36B
Total Debt988.83M509.18M724.35M935.92M1.16B1.42B
Total Liabilities4.15B4.72B4.17B4.25B4.66B4.90B
Stockholders Equity12.65B14.14B13.11B13.07B12.39B11.79B
Cash Flow
Free Cash Flow0.001.15B780.91M392.35M676.35M1.11B
Operating Cash Flow0.001.68B1.68B785.12M938.74M1.64B
Investing Cash Flow0.00-710.29M-925.64M-398.90M-267.22M-561.30M
Financing Cash Flow0.00-469.61M-493.09M-509.93M-521.09M-396.86M

Nikkato Corporation Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price630.00
Price Trends
50DMA
1323.92
Negative
100DMA
1120.90
Positive
200DMA
892.06
Positive
Market Momentum
MACD
-6.81
Negative
RSI
48.51
Neutral
STOCH
17.23
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5367, the sentiment is Neutral. The current price of 630 is below the 20-day moving average (MA) of 1217.95, below the 50-day MA of 1323.92, and below the 200-day MA of 892.06, indicating a neutral trend. The MACD of -6.81 indicates Negative momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of 17.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5367.

Nikkato Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
¥78.04B13.903.95%6.49%36.18%
75
Outperform
¥81.36B12.262.63%9.99%41.83%
71
Outperform
¥14.62B14.793.42%18.36%94.42%
70
Outperform
¥79.95B10.873.09%0.93%212.09%
67
Neutral
¥12.51B10.776.70%-1.68%-9.54%
62
Neutral
¥210.63B14.339.52%1.33%10.77%147.98%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5367
Nikkato Corporation
1,218.00
674.96
124.29%
JP:6376
Nikkiso Co., Ltd.
3,625.00
2,175.03
150.01%
JP:6363
Torishima Pump Mfg.Co., Ltd.
3,055.00
1,074.58
54.26%
JP:6381
ANEST IWATA Corp.
1,981.00
479.71
31.95%
JP:6393
Yuken Kogyo Co., Ltd.
3,070.00
422.26
15.95%
JP:6517
Denyo Co., Ltd.
4,065.00
1,220.74
42.92%

Nikkato Corporation Corporate Events

Nikkato lifts profits and earnings strength while maintaining steady dividend
May 12, 2026
Nikkato Corporation reported a solid rebound in the fiscal year ended March 31, 2026, with net sales rising 12.5% to ¥11.34 billion and operating profit surging 67.9%, driving profit growth of 54% and lifting earnings per share to ¥64.90...
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 01, 2026