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NITTAN Corporation
(6493)
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Rating:70Outperform
Price Target:
¥569.00
▼(-13.39% Downside)
Action:Upgraded
Date:08/19/26
The score is driven primarily by improved FY2026 profitability, stronger cash generation, and healthier leverage, supported by an attractive low P/E and solid dividend yield. Offsetting these positives are the steep FY2026 revenue contraction and mixed technical backdrop (near-term strength but still below longer-term moving averages).
Positive Factors
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.
Negative Factors
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.
Read all positive and negative factors
Positive Factors
Negative Factors
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.
Read all positive factors
NITTAN Corporation (6493) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥14.93B
Dividend Yield3.89%
Average Volume (3M)188.62K
Price to Earnings (P/E)6.3
Beta (1Y)1.01
Revenue Growth1.02%
EPS Growth51.47%
CountryJP
Employees2,503
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)81.50
Shares Outstanding28,978,860
10 Day Avg. Volume110,500
30 Day Avg. Volume188,620
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.53
Price to Sales (P/S)0.32
P/FCF Ratio4.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NITTAN Corporation Business Overview & Revenue Model
Company Description
NITTAN Corporation (6493) is a Japan-based manufacturer focused on automotive and industrial components, with a core emphasis on engine-related parts. The company develops and produces products such as engine valves and other precision forged/meta...
How the Company Makes Money
NITTAN Corporation primarily makes money by manufacturing and selling engine components—most notably engine valves and related precision parts—to customers such as automotive manufacturers and engine producers. Revenue is generated through (1) rec...
NITTAN Corporation Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
69
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.32B | 51.68B | 51.45B | 49.48B | 41.88B | 38.67B |
| Gross Profit | 9.50B | 9.14B | 6.62B | 6.62B | 5.46B | 5.83B |
| EBITDA | 8.87B | 7.96B | 6.68B | 7.06B | 6.29B | 6.77B |
| Net Income | 2.35B | 2.23B | 630.21M | 601.01M | 391.87M | 644.64M |
Balance Sheet | ||||||
| Total Assets | 73.25B | 66.92B | 66.61B | 62.98B | 56.91B | 54.75B |
| Cash, Cash Equivalents and Short-Term Investments | 12.65B | 11.57B | 9.27B | 9.07B | 6.83B | 6.31B |
| Total Debt | 11.36B | 10.89B | 12.30B | 10.01B | 10.50B | 11.12B |
| Total Liabilities | 29.15B | 26.57B | 28.57B | 25.94B | 23.93B | 23.33B |
| Stockholders Equity | 31.93B | 30.98B | 29.03B | 28.47B | 24.95B | 23.93B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.55B | 1.24B | 3.61B | 2.25B | 3.53B |
| Operating Cash Flow | 0.00 | 7.78B | 4.30B | 6.96B | 4.80B | 6.88B |
| Investing Cash Flow | 0.00 | -2.93B | -3.77B | -3.34B | -2.53B | -3.54B |
| Financing Cash Flow | 0.00 | -2.57B | -864.98M | -1.91B | -2.20B | -3.30B |
NITTAN Corporation Technical Analysis
Positive
657.00
Price Trends
479.48
Positive
519.12
Negative
593.34
Negative
Market Momentum
9.70
Negative
59.37
Neutral
75.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6493, the sentiment is Positive. The current price of 657 is above the 20-day moving average (MA) of 502.00, above the 50-day MA of 479.48, and above the 200-day MA of 593.34, indicating a neutral trend. The MACD of 9.70 indicates Negative momentum. The RSI at 59.37 is Neutral, neither overbought nor oversold. The STOCH value of 75.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6493.
NITTAN Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥21.48B | 7.12 | ― | 2.70% | -4.68% | ― | |
74 Outperform | ¥78.01B | 13.62 | ― | 3.21% | 7.60% | -9.22% | |
70 Outperform | ¥14.93B | 6.31 | ― | 2.02% | 1.02% | 51.47% | |
70 Outperform | ¥60.20B | 5.39 | ― | 0.99% | 2.52% | -4.94% | |
68 Neutral | ¥19.42B | 7.42 | ― | 3.19% | 2.39% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
50 Neutral | ¥22.42B | 4.51 | 8.99% | ― | 12.18% | ― |
* Consumer Cyclical Sector Average
JP:6493
NITTAN Corporation
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-9.93%
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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.