Nissin Corporation (9066) AI Stock Analysis

• Market Cap: ¥118.34B
• Dividend Yield: 2.48%
• Average Volume (3M): 26.79K
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.70
• Revenue Growth: 8.81%
• EPS Growth: -42.49%
• Country: JP
• Employees: 5,868
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 101.89
• Shares Outstanding: 15,512,769
• 10 Day Avg. Volume: 39,680
• 30 Day Avg. Volume: 26,790
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥9,139.00
• Price Target Upside: 13.39% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ¥9,139.00 ▲(13.39% Upside)

Nissin Corporation's stock score is supported by strong financial performance and attractive valuation, indicating a stable and potentially undervalued investment. Technical analysis reflects a neutral stance, balancing the overall score.

Nissin Corporation Business Overview & Revenue Model

Company Description

Nissin Corporation provides logistics services in Japan and internationally. The company operates through Logistics, Travel Service, and Real Estate segments. It offers ocean, air, and land transport services; customs clearance; and value-added logistics services, including warehouse receiving/delivering and stock control. The company also undertakes in-plant operations, including inventory control, R.H.D., packing, sorting, and other operations at customers' plants and warehouses; logistics center operations comprising integrated transport operations; logistics processing works consisting of integrated logistics, and forwarding stages from the factory and delivery to the stores; and container handling activities. In addition, it offers moving services, such as domestic and overseas moving, trunk rooms, and office relocation services; managed IT services; and shipping agency services, as well as operates in travel and real estate businesses. The company was formerly known as Nissin Transportation & Warehousing Co., Ltd. and changed its name to Nissin Corporation in October 1985. Nissin Corporation was founded in 1938 and is headquartered in Yokohama, Japan.

How the Company Makes Money

Nissin Corporation generates revenue through multiple streams primarily centered around its logistics and transportation services. The company earns money by providing freight transportation services, which include both domestic and international shipping solutions. Additionally, Nissin offers warehousing services, enabling clients to store and manage their inventory with ease. The company's distribution services further enhance its logistics offerings, providing end-to-end solutions for its clients' supply chain needs. Partnerships with major companies across various sectors enhance its market reach and contribute significantly to its earnings. The company's ability to offer customized logistics solutions tailored to specific industry requirements also plays a critical role in its revenue generation.

Nissin Corporation Financial Statement Overview

Summary

Nissin Corporation exhibits strong financial performance, driven by a solid income statement with consistent revenue growth and robust margins. The balance sheet is stable with manageable leverage, and cash flow metrics are strong with consistent free cash flow generation.

Income Statement

Nissin Corporation demonstrates strong income statement performance with consistent revenue growth and solid margins. The Gross Profit Margin remains robust, and the company has shown a healthy increase in Net Income over recent periods. The Revenue Growth Rate is positive, indicating upward momentum in sales. EBIT and EBITDA margins are also satisfactory, reflecting effective cost management and operational efficiency.

Balance Sheet

The balance sheet is stable, with a reasonable Debt-to-Equity Ratio reflecting manageable leverage levels. Return on Equity is solid, indicating effective use of equity capital. The Equity Ratio highlights a strong capital structure, with a good portion of assets financed by equity. While there is some debt, it is balanced by sufficient equity, maintaining financial health.

Cash Flow

Cash flow metrics are robust, with consistent free cash flow generation and a strong Operating Cash Flow to Net Income Ratio. The Free Cash Flow Growth Rate is positive, suggesting an improving capacity to generate cash. However, the Free Cash Flow to Net Income Ratio indicates room for improvement in converting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	190.81B	190.81B	169.93B	194.16B	192.70B	155.91B
Gross Profit	26.37B	26.37B	23.45B	26.61B	22.11B	28.59B
EBITDA	23.78B	23.78B	18.98B	20.40B	15.67B	10.01B
Net Income	10.85B	10.85B	8.65B	10.53B	6.37B	2.01B
Balance Sheet
Total Assets	165.83B	165.83B	174.35B	153.26B	144.90B	132.97B
Cash, Cash Equivalents and Short-Term Investments	26.77B	26.77B	28.93B	25.92B	19.83B	18.82B
Total Debt	37.21B	37.21B	36.26B	36.63B	35.40B	36.88B
Total Liabilities	74.19B	74.19B	72.13B	68.00B	70.49B	67.13B
Stockholders Equity	86.44B	86.44B	96.60B	82.13B	71.59B	63.33B
Cash Flow
Free Cash Flow	0.00	5.50B	5.17B	12.93B	5.90B	-3.65B
Operating Cash Flow	0.00	12.79B	13.59B	17.92B	9.54B	4.96B
Investing Cash Flow	0.00	2.32B	-1.92B	-5.56B	-3.59B	-8.94B
Financing Cash Flow	0.00	-17.11B	-9.60B	-8.62B	-5.44B	1.97B

Nissin Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8060.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9066, the sentiment is Neutral. The current price of 8060 is below the 20-day moving average (MA) of 8061.00, below the 50-day MA of 8063.00, and above the 200-day MA of 6103.69, indicating a neutral trend. The MACD of 1.86 indicates Positive momentum. The RSI at 53.46 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9066.

Nissin Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9037	82 Outperform	118.51B	12.50	9.97%	2.24%	3.56%	9.74%
9025	80 Outperform	175.95B	14.29	9.57%	2.89%	8.94%	-18.03%
9068	79 Outperform	145.25B	14.07	7.54%	2.37%	2.94%	2.46%
9066	77 Outperform	¥118.34B	18.87		2.48%	8.81%	-42.49%
2384	72 Outperform	144.17B	24.34	10.90%	1.93%	5.56%	-28.86%
9090	64 Neutral	152.41B	18.87	12.61%	2.83%	6.59%	-5.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Nissin Corporation Corporate Events

Nissin Corporation Announces New Parent Company Following Successful Tender Offer

Nissin Corporation has announced the successful completion of a tender offer by K.K. BCJ-98, resulting in changes to its parent company and largest shareholder. This development, effective July 22, 2025, will see K.K. BCJ-98 become the new parent company, with implications for Nissin’s strategic direction and shareholder dynamics.

Nissin Corporation Sets Record Date for Crucial Shareholders’ Meeting

Nissin Corporation has announced the setting of a record date for an Extraordinary Shareholders’ Meeting scheduled for early September 2025. This meeting is crucial for the company’s plan to consolidate shares and amend its Articles of Incorporation if a tender offer by K.K. BCJ-98 is successful. The outcome of this meeting could significantly impact Nissin’s shareholder structure and future operations.

Nissin Corporation Amends Management Buyout Notice

Nissin Corporation announced amendments to its previous notice regarding a management buyout and tender offer, involving its employee and officer stock ownership associations. The corrections pertain to the tendering of shares by these associations and additional agreements with various shareholders, impacting the company’s shareholding structure and potentially influencing its market position.

Nissin Corporation Increases Year-End Dividend to 100 Yen Per Share

Nissin Corporation announced a decision to pay dividends of surplus with a record date of March 31, 2025, setting the year-end dividend at 100 yen per share, a significant increase from the previous fiscal year. This move aligns with their policy of stable dividends and enhancing shareholder returns, reflecting their strong performance and financial conditions.

Nissin Corporation Endorses Management Buyout Proposal

Nissin Corporation’s board has endorsed a management buyout proposal by K.K. BCJ-98, a subsidiary of Bain Capital, recommending shareholders tender their shares. This move aims to take the company private and delist its shares, with the representative director, Masahiro Tsutsui, continuing in management to support business growth.

K.K. BCJ-98 Initiates Tender Offer for NISSIN CORPORATION

K.K. BCJ-98 has announced its decision to commence a tender offer for the common stock of NISSIN CORPORATION, which is listed on the Prime Market of the Tokyo Stock Exchange. The tender offer period is set from May 13, 2025, to July 8, 2025, with a purchase price of JPY 8,100 per common share, aiming to acquire a minimum of 8,896,100 shares.

Nissin Corporation Announces Board of Directors Nominees

Nissin Corporation announced the nomination of candidates for its Board of Directors, with several reappointments and one new appointment, ahead of the upcoming General Meeting of Shareholders. This move is expected to ensure continuity in leadership and potentially strengthen the company’s strategic direction, impacting its operations and stakeholder interests.

Nissin Corporation Addresses Privatization Speculations

Nissin Corporation has addressed recent media reports suggesting the possibility of the company going private. While privatization is one of the options being considered to enhance corporate value, no official decisions have been made. The company assures stakeholders that any significant decisions will be communicated promptly.