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Nippon Tungsten Co., Ltd. (6998) Price & Analysis

6998 Stock Chart & Stats

¥2,907.00-¥193.00(-6.23%)
At close: 4:00 PM EDT
JPY 2,000JPY 3,000JPY 4,0003 Aug17 Aug31 Aug14 Sep28 Sep13 Oct26 Oct
Day’s Range
JPY 2,825.00 - JPY 3,045.00
52-Week Range
JPY 1,318.00 - JPY 4,315.00
Previous Close
JPY 3,100.00
Volume
1,700
Average Volume (3M)
66.80K
Market Cap
JPY 14.50B
Enterprise Value
JPY 9.98B
Total Cash (Recent Filing)
JPY 2.11B
Total Debt (Recent Filing)
JPY 2.47B
Price to Earnings (P/E)
21.9
Beta
0.97
Next Earnings
Nov 11, 2026
EPS Estimate
N/A
Next Dividend Ex-Date
Mar 30, 2027
Dividend Yield
2.92%

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

Low leverage and a growing equity base provide financial flexibility for a cyclical manufacturing business. This conservative funding structure can help Nippon Tungsten withstand weaker demand, continue necessary investment, and preserve strategic options without relying heavily on additional borrowing.

Stable Revenue Base

Revenue has remained relatively stable across the recent period and returned to growth in 2026 after an earlier decline. This indicates an established industrial customer base and provides a dependable platform from which the company can pursue recovery in profitability and further product demand.

Specialized Hard-material Products

Nippon Tungsten serves applications where hardness, heat resistance, and durability are important product requirements. This specialized materials focus supports relevance across tooling and industrial components, giving the business a differentiated technical role beyond basic metal fabrication.

Bears Say

Material Profitability Decline

The sharp decline in net and operating margins shows that stable revenue is currently producing substantially less profit. Unless profitability recovers, weaker earnings conversion can limit internally funded investment, reduce returns on equity, and make the business more vulnerable to further cost or demand pressure.

Thin And Volatile Free Cash Flow

Free cash flow has been thin in the latest years and sharply negative in 2024, indicating that reported earnings do not consistently become surplus cash after investment. This uneven cash conversion can constrain capital allocation and reduce resilience when reinvestment or working-capital needs rise.

Industrial-cycle Exposure

Dependence on manufacturing and machining activity exposes Nippon Tungsten to fluctuations in industrial production and customer investment cycles. A sustained slowdown in those end markets could pressure demand for tooling, wear parts, and specialty components even with a conservative balance sheet.

Nippon Tungsten Co., Ltd. News

6998 FAQ

What was Nippon Tungsten Co., Ltd.’s price range in the past 12 months?
Nippon Tungsten Co., Ltd. lowest stock price was ¥1318.00 and its highest was ¥4315.00 in the past 12 months.
What is Nippon Tungsten Co., Ltd.’s market cap?
Nippon Tungsten Co., Ltd.’s market cap is ¥14.50B.
When is Nippon Tungsten Co., Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Nippon Tungsten Co., Ltd.’s earnings last quarter?
Nippon Tungsten Co., Ltd. released its earnings results on Aug 05, 2026. The company reported ¥114.58 earnings per share for the quarter.
Is Nippon Tungsten Co., Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Nippon Tungsten Co., Ltd. pay dividends?
Nippon Tungsten Co., Ltd. pays a Semiannually dividend of ¥30 which represents an annual dividend yield of 2.92%. See more information on Nippon Tungsten Co., Ltd. dividends here
What is Nippon Tungsten Co., Ltd.’s EPS estimate?
Nippon Tungsten Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nippon Tungsten Co., Ltd. have?
Nippon Tungsten Co., Ltd. has 5,155,520 shares outstanding.
What happened to Nippon Tungsten Co., Ltd.’s price movement after its last earnings report?
Nippon Tungsten Co., Ltd. reported an EPS of ¥114.58 in its last earnings report. Following the earnings report the stock price went up 6.593%.
Which hedge fund is a major shareholder of Nippon Tungsten Co., Ltd.?
Currently, no hedge funds are holding shares in JP:6998
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology