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NITTAN Corporation (6493) Stock Price & Analysis
6493 Stock Chart & Stats
- Day’s Range
- JPY 453.00 - JPY 469.00
- 52-Week Range
- JPY 436.00 - JPY 816.00
- Previous Close
- JPY 475.00
- Volume
- N/A
- Average Volume (3M)
- 75.90K
- Market Cap
- JPY 13.05B
- Enterprise Value
- JPY 25.10B
- Total Cash (Recent Filing)
- JPY 12.65B
- Total Debt (Recent Filing)
- JPY 11.36B
- Price to Earnings (P/E)
- 5.6
- Beta
- 1.08
- Next Earnings
- Jan 29, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- Mar 30, 2027
- Dividend Yield
- 5.08%
Bulls Say, Bears Say
Bulls Say
Profitability Rebound
The sharp improvement in net, EBIT, and gross margins indicates better operating execution and earnings conversion. If maintained, stronger margins can provide a more durable profit base despite the recent topline contraction.
Stronger Cash Generation
Higher operating and free cash flow improve NITTAN's ability to fund investment, support customers, and meet financial obligations internally. This strengthens resilience and reduces reliance on external funding when operating conditions weaken.
Improving Balance Sheet
Declining leverage alongside rising equity improves financial flexibility and reduces balance-sheet risk. A more conservative capital structure can help NITTAN absorb demand volatility while preserving capacity for manufacturing investment.
Bears Say
Sharp Revenue Contraction
The large revenue decline weakens confidence that the earnings rebound is sustainable. Without a recovery in customer volumes, pricing, or product mix, improved margins may not offset the reduced scale of NITTAN's business.
Uneven Free Cash Flow
Volatile free cash flow suggests that investment needs, working-capital movements, or other cash demands can materially affect funding capacity. This makes long-term cash conversion less predictable than the latest rebound implies.
Automotive Cycle Exposure
Dependence on engine and vehicle production exposes NITTAN to customer model cycles and industrial demand fluctuations. This can create structural earnings volatility, particularly when production volumes or engine programs decline.
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Company Description
NITTAN Corporation
NITTAN Corporation manufactures and distributes engine valves in Japan. The company offers engine valves for engines in automobiles, motorcycles and scooters, trucks, and buses; and engine valves for land, marine, and general-purpose products for engine manufacturing customers, as well as for generators, tillers, mowers, etc. It also manufactures and sells precision forged gears and automatic transmission parts for automobiles, trucks, agricultural, construction, and industrial machinery, as well as parts for parking brake. In addition, the company manufactures and sells valve lifters, roller rocker arms, machine tools, and Golf Putter "KANADE". Further, it engages in the manufacture and sale of daily necessities; sporting goods; and transport equipment parts, as well as manufactures and distributes spinning machine parts. The company was formerly known as Nittan Valve Co., Ltd. and changed its name to NITTAN Corporation in April 2022. The company was incorporated in 1948 and is headquartered in Hadano, Japan.
- Sector
- Consumercyclical
- Industry
- Auto - Parts
- CEO
- Shigenobu Nagamori
- Employees
- 2,503
- Website
- www.niv.co.jp
- Address
- 518 Soya, Hadano, KN, 257-0031, JP
NITTAN Corporation (6493) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 4 | 14 |
| Technical Analysis | 4 | 4 | 2 |
| Moving Averages | 0 | 0 | 12 |
