NKK SWITCHES CO., LTD. AI Stock Analysis
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NKK SWITCHES CO., LTD. (6943) AI Stock Analysis
NKK SWITCHES CO., LTD.
(TSE/TYO:6943)
NKK Switches earns a moderate overall score of 62. The company's primary strengths are its deeply discounted valuation (P/E of 6.07) and an ironclad, essentially debt-free balance sheet. However, the score is significantly weighed down by underlying structural cash flow inefficiencies, deeply negative free cash flows, and prevailing short-to-medium-term bearish technical trends.
NKK SWITCHES CO., LTD. (6943) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 5.92B
- Dividend Yield
- 3.29%
- Average Volume (3M)
- 1,415
- Price to Earnings (P/E)
- 5.7
- Beta (1Y)
- 0.88
- Revenue Growth
- 33.15%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 262
- Sector
- General
- Sector Strength
- 55
- Industry
- Electrical Equipment & Parts
NKK SWITCHES CO., LTD. Business Overview & Revenue Model
Company Description
NKK Switches Co., Ltd. engages in the development, manufacture, and sale of various switches for industrial. It operates through Japan, Europe and the United States, and Asia segments. It offers toggle, rocker, pushbutton, illuminated pushbutton, mul...
NKK SWITCHES CO., LTD. Financial Statement Overview
Summary
The financial profile is mixed. The company features a fortress balance sheet with nearly zero leverage (D/E of 0.016) and a solid double-digit revenue recovery. However, this structural safety is offset by severe cash flow volatility and deeply negative free cash flows (-753 million), which highlight poor earnings conversion.
Income Statement
65PositiveBalance Sheet
85Very PositiveCash Flow
35Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.20B | 8.37B | 7.56B | 9.44B | 10.33B | 8.94B |
| Gross Profit | 4.15B | 3.63B | 2.76B | 3.66B | 4.05B | 3.66B |
| EBITDA | 1.28B | 963.26M | 234.96M | 989.06M | 1.43B | 949.83M |
| Net Income | 718.14M | 383.77M | -404.09M | 389.26M | 826.28M | 581.11M |
Balance Sheet | ||||||
| Total Assets | 16.65B | 15.79B | 14.97B | 15.54B | 15.35B | 14.07B |
| Cash, Cash Equivalents and Short-Term Investments | 4.01B | 3.72B | 4.69B | 4.84B | 5.39B | 5.42B |
| Total Debt | 566.83M | 225.56M | 254.35M | 305.49M | 123.34M | 156.04M |
| Total Liabilities | 2.52B | 2.09B | 2.27B | 2.26B | 3.03B | 2.85B |
| Stockholders Equity | 14.12B | 13.70B | 12.70B | 13.27B | 12.32B | 11.22B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -753.13M | 218.94M | -700.27M | 117.60M | -25.44M |
| Operating Cash Flow | 0 | 29.62M | 651.46M | 425.28M | 614.11M | 190.18M |
| Investing Cash Flow | 0 | -1.05B | -642.30M | -1.06B | -606.08M | -192.21M |
| Financing Cash Flow | 0 | -128.64M | -145.78M | -143.83M | -166.70M | -137.15M |
NKK SWITCHES CO., LTD. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6943, the sentiment is Positive. The current price of 6990.00 is above the 20-day moving average (MA) of 5955.50, above the 50-day MA of 5897.83, and above the 200-day MA of 5159.77, indicating a bullish trend. The MACD of 56.33 indicates Negative momentum. The RSI at 69.74 is Neutral, neither overbought nor oversold. The STOCH value of 78.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6943.
NKK SWITCHES CO., LTD. Peers Comparison
Overall Rating
JP:663779Outperform
JP:581976Outperform
JP:664374Outperform
JP:674866.2Neutral
JP:680465Neutral
JP:694362Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 79Outperform | JPY 46.38B | 10.19 | ― | 1.77% | 15.89% | 2.08% | |
| 76Outperform | JPY 11.39B | 9.63 | ― | 4.24% | -0.88% | -1.47% | |
| 74Outperform | JPY 21.89B | 7.09 | ― | 3.19% | 12.19% | 39.80% | |
| 66Neutral | JPY 9.36B | 7.33 | ― | 2.81% | -3.19% | -14.59% | |
| 65Neutral | JPY 110.85B | 5.98 | 12.49% | 5.05% | 25.40% | 46.48% | |
| 62Neutral | JPY 5.10B | 5.70 | ― | 3.29% | 33.15% | ― | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:6943 | NKK SWITCHES CO., LTD. | 6990.00 | 2597.56 | 59.14% | |
| JP:6804 | Hosiden Corp | 2217.00 | -192.37 | -7.98% | |
| JP:5819 | Canare Electric Co., Ltd. | 1673.00 | -109.23 | -6.13% | |
| JP:6637 | Terasaki Electric Co., Ltd. | 3455.00 | -1353.83 | -28.15% | |
| JP:6643 | Togami Electric Mfg.Co., Ltd. | 4705.00 | 950.84 | 25.33% | |
| JP:6748 | Seiwa Electric Mfg. Co., Ltd. | 732.00 | -41.91 | -5.42% |
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 07, 2026
