Nihon Plast Co., Ltd. (7291) AI Stock Analysis

1 Followers

Nihon Plast Co., Ltd.

(TSE/TYO:7291)

Select Model

Rating:59Neutral

Price Target:JPY 427.00▲(0.23% Upside)

Action:reiterated

Date:11/10/26

The score is driven primarily by an improving but still inconsistent financial profile (thin/uneven earnings and volatile free cash flow) and weak technical momentum (below key moving averages with negative MACD). These are partially offset by attractive valuation metrics, including a low P/E and high dividend yield.

Positive Factors

Lower LeverageMeaningful deleveraging has strengthened the balance sheet and increased financial flexibility compared with the 2022–2023 period. Lower debt relative to equity should reduce capital-structure risk and leave more capacity to fund operations or respond to changing automotive production conditions.

Negative Factors

Volatile Revenue TrendThe reversal from strong growth to declines indicates that top-line performance is not yet consistently expanding. Continued revenue volatility can limit operating leverage, make production planning more difficult, and increase dependence on vehicle volumes for the specific models and programs supplied.

Nihon Plast Co., Ltd. (7291) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 8.12B
Dividend Yield: 7.63%
Average Volume (3M): 31.54K
Price to Earnings (P/E): 6.1
Beta (1Y): 0.99
Revenue Growth: -4.33%
EPS Growth: 882.27%
Country: Japan
Employees: 5,588
Sector: General
Sector Strength: 55
Industry: Auto - Parts

Nihon Plast Co., Ltd. Business Overview & Revenue Model

Company Description

Established in 1945 and based in Fujinomiya, Japan, Nihon Plast Co., Ltd., along with its affiliated companies, operates internationally, focusing primarily on the automotive sector. The company is involved in the production, fabrication, maintenance...

How the Company Makes Money

Nihon Plast primarily makes money by manufacturing and selling automotive components to vehicle manufacturers (OEMs) and, where applicable, to tiered automotive suppliers under supply agreements tied to specific vehicle programs. Its revenue is mainl...

Nihon Plast Co., Ltd. Financial Statement Overview

Summary

The business has recovered from the 2022–2023 downturn with improved operating profitability and lower leverage, but performance remains uneven. Revenue has turned volatile with recent modest declines, margins appear thin, and free cash flow swung to negative in 2026, lowering confidence in earnings durability.

Income Statement

58Neutral

Balance Sheet

64Positive

Cash Flow

46Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	115.23B	114.86B	120.59B	124.25B	103.36B	86.50B
Gross Profit	10.92B	11.32B	11.95B	12.19B	7.27B	6.22B
EBITDA	6.59B	7.13B	7.64B	8.32B	4.75B	4.84B
Net Income	1.34B	2.01B	56.00M	2.48B	-3.60B	-8.02B
Balance Sheet
Total Assets	85.72B	85.45B	83.71B	81.93B	81.45B	79.54B
Cash, Cash Equivalents and Short-Term Investments	13.86B	13.86B	14.94B	12.40B	11.65B	12.31B
Total Debt	23.69B	25.83B	24.75B	23.87B	30.72B	29.34B
Total Liabilities	47.96B	47.94B	49.17B	50.87B	55.23B	52.16B
Stockholders Equity	37.75B	37.50B	34.54B	31.06B	26.22B	27.38B
Cash Flow
Free Cash Flow	0	-2.31B	2.56B	8.85B	474.00M	-5.41B
Operating Cash Flow	0	2.04B	6.15B	11.48B	5.47B	1.31B
Investing Cash Flow	0	-4.25B	-3.59B	-2.75B	-5.10B	-6.87B
Financing Cash Flow	0	827.00M	-959.00M	-8.40B	-1.66B	6.38B

Nihon Plast Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price426.00

Price Trends

50DMA446.63Negative

100DMA447.96Negative

200DMA436.53Negative

Market Momentum

MACD-6.78Positive

RSI40.91Neutral

STOCH52.14Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7291, the sentiment is Negative. The current price of 426.00 is below the 20-day moving average (MA) of 438.70, below the 50-day MA of 446.63, and below the 200-day MA of 436.53, indicating a bearish trend. The MACD of -6.78 indicates Positive momentum. The RSI at 40.91 is Neutral, neither overbought nor oversold. The STOCH value of 52.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7291.

Nihon Plast Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:7291 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:5121	76Outperform	JPY 53.62B	12.18	―	3.58%	2.95%	29.26%
JP:7282	75Outperform	JPY 623.03B	10.69	10.53%	16.08%	12.94%	40.32%
JP:7988	74Outperform	JPY 440.94B	14.28	―	3.88%	4.44%	-29.66%
JP:7294	68Neutral	JPY 17.73B	6.90	―	3.97%	2.39%	―
JP:5161	67Neutral	JPY 129.02B	11.46	―	5.16%	3.24%	236.26%
JP:7291	59Neutral	JPY 8.18B	6.09	―	7.63%	-4.33%	882.27%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

JP:7291 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:7291	Nihon Plast Co., Ltd.	426.00	43.63	11.41%
JP:7282	Toyoda Gosei Co	1076.00	334.58	45.13%
JP:5121	FUJIKURA COMPOSITES Inc.	3155.00	1371.31	76.88%
JP:5161	Nishikawa Rubber Co., Ltd.	3565.00	819.34	29.84%
JP:7294	Yorozu Corporation	856.00	-88.30	-9.35%
JP:7988	Nifco Inc.	2524.50	258.09	11.39%

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: Nov 10, 2026

Nihon Plast Co., Ltd. AI Stock Analysis