Skip to main content
TipRanks
Go Ultimate75% OFF

NITTAN Corporation (6493) AI Stock Analysis

0 Followers
JP:6493

NITTAN Corporation

(TSE/TYO:6493)

Select Model
Rating:76Outperform
Price Target:JPY 475.00â–²(5.09% Upside)
Action:reiterated
Date:08/19/26

Strong valuation and solid financial performance with improving profitability and balance sheet strength are the primary drivers; moderate technical momentum provides additional support.

Positive Factors
Profitability reboundThe broad improvement in gross, EBIT, and net margins indicates stronger earnings conversion in FY2026. If maintained, better operating profitability can support reinvestment, strengthen resilience against cost pressure, and improve the company’s ability to fund growth from its established precision-component business.
Negative Factors
Sharp revenue contractionA steep top-line decline challenges the durability of the FY2026 earnings recovery. Because NITTAN’s revenue depends on automotive and industrial engine production volumes, persistent contraction could reduce scale benefits, weaken customer-program economics, and pressure future profit growth.

NITTAN Corporation (6493) vs. iShares MSCI Japan ETF (EWJ)

-40%-30%-20%-10%0%10%20%30%JP:6493-27.50%EWJ+16.06%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 13.02B
Dividend Yield
5.09%
Average Volume (3M)
103.59K
Price to Earnings (P/E)
6.5
Beta (1Y)
1.12
Revenue Growth
10.80%
EPS Growth
-0.20%
Country
Japan
Employees
2,503
Sector
Consumer Cyclical
Sector Strength
61
Industry
Auto - Parts

NITTAN Corporation Business Overview & Revenue Model

Company Description

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 eng...

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) recurr...

NITTAN Corporation Financial Statement Overview

Summary

Steady revenue growth and margin expansion with improved profitability, supported by reduced leverage and positive cash flows despite some free cash flow volatility.

Income Statement

78Positive

Balance Sheet

82Very Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue55.77B51.68B51.45B49.48B41.88B38.67B
Gross Profit10.13B9.14B6.62B6.62B5.46B5.83B
EBITDA9.03B7.96B6.68B7.06B6.29B6.77B
Net Income2.02B2.23B630.21M601.01M391.87M644.64M
Balance Sheet
Total Assets74.87B66.92B66.61B62.98B56.91B54.75B
Cash, Cash Equivalents and Short-Term Investments12.95B11.57B9.27B9.07B6.83B6.31B
Total Debt11.36B10.89B12.30B10.01B10.50B11.12B
Total Liabilities29.10B26.57B28.57B25.94B23.93B23.33B
Stockholders Equity32.91B30.98B29.03B28.47B24.95B23.93B
Cash Flow
Free Cash Flow03.55B1.24B3.61B2.25B3.53B
Operating Cash Flow07.78B4.30B6.96B4.80B6.88B
Investing Cash Flow0-2.93B-3.77B-3.34B-2.53B-3.54B
Financing Cash Flow0-2.57B-864.98M-1.91B-2.20B-3.30B

NITTAN Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price452.00

Price Trends

50DMA471.34Negative
100DMA470.73Negative
200DMA540.71Negative

Market Momentum

MACD-6.70Negative
RSI46.83Neutral
STOCH77.78Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6493, the sentiment is Negative. The current price of 452.00 is below the 20-day moving average (MA) of 456.25, below the 50-day MA of 471.34, and below the 200-day MA of 540.71, indicating a bearish trend. The MACD of -6.70 indicates Negative momentum. The RSI at 46.83 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6493.

NITTAN Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:6493 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:6493JP:649376OutperformJPY 13.28B6.46―5.09%10.80%-0.20%
JP:7292JP:729274OutperformJPY 78.36B12.10―3.68%12.15%-1.02%
JP:7294JP:729468NeutralJPY 17.84B6.92―3.93%2.39%―
JP:7266JP:726666NeutralJPY 19.35B6.46―3.35%-2.65%82.14%
JP:7280JP:728062NeutralJPY 50.13B5.30―2.26%3.27%-17.13%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
JP:6444JP:644454NeutralJPY 19.35B3.9018.48%―12.18%―

* Consumer Cyclical Sector Average

Performance Comparison

0%50%JP:6493JP:6444JP:7266JP:7280JP:7292JP:7294Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:6493 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:6493NITTAN Corporation452.00-185.80-29.13%
JP:6444SANDEN HOLDINGS CORP171.0032.0023.02%
JP:7266Imasen Electric Industrial Co., Ltd.926.00163.8421.50%
JP:7280Mitsuba Corporation1123.00238.2626.93%
JP:7292Murakami Corporation6920.00541.998.50%
JP:7294Yorozu Corporation866.00-74.45-7.92%
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 19, 2026