Diversified Shipbuilding & ServicesNaikai’s mix of newbuild contracts plus repair, maintenance and after-delivery engineering creates recurring revenue streams beyond one-off vessel deliveries. This diversification reduces sensitivity to new-order cyclicality and supports steadier backlog conversion and customer relationships over months.

Manageable LeverageA moderate debt-to-equity ratio and a solid equity base provide financial flexibility to fund working capital and selective yard investments. This capital structure helps the company absorb shipping-cycle swings and pursue contract opportunities without excessive refinancing risk over the medium term.

Stable Profit MarginsDespite revenue pressures, maintained gross and net margins indicate the company retains pricing discipline and some cost control in production and service operations. Stable margins support ongoing profitability on delivered contracts and provide a base for operational improvements to enhance cash generation.

Bears Say

Negative Operating & Free Cash FlowSustained negative operating and free cash flow undermines the company’s ability to self-fund capex, working capital, and debt service. Over 2–6 months this raises reliance on external financing, constrains bidding capacity for newcontracts and increases vulnerability to timing delays in progress billings.

Declining RevenuesA downward revenue trend suggests weaker newbuild order intake or lower deliveries, which reduces scale and makes fixed yard costs harder to absorb. Persisting declines can erode backlog, limit operating leverage, and pressure margins and investment capacity across upcoming quarters.

Reduced Cash Reserves / Liquidity RiskShrinking cash buffers limit the company’s ability to absorb contract overruns, delays, or short-term working-capital needs. Over the medium term this restricts flexibility to invest in yard upgrades or win competitively priced contracts and increases the probability of needing external funding under stressed conditions.

7018 FAQ

What was Naikai Zosen Corporation’s price range in the past 12 months?

Naikai Zosen Corporation lowest stock price was ¥4090.00 and its highest was ¥20540.00 in the past 12 months.

What is Naikai Zosen Corporation’s market cap?

Naikai Zosen Corporation’s market cap is ¥25.67B.

When is Naikai Zosen Corporation’s upcoming earnings report date?

Naikai Zosen Corporation’s upcoming earnings report date is May 08, 2026 which is in 92 days.

How were Naikai Zosen Corporation’s earnings last quarter?

Naikai Zosen Corporation released its earnings results on Feb 04, 2026. The company reported ¥287.7 earnings per share for the quarter, beating the consensus estimate of N/A by ¥287.7.

Is Naikai Zosen Corporation overvalued?

According to Wall Street analysts Naikai Zosen Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Naikai Zosen Corporation pay dividends?

Naikai Zosen Corporation pays a Annually dividend of ¥40 which represents an annual dividend yield of 0.27%. See more information on Naikai Zosen Corporation dividends here

What is Naikai Zosen Corporation’s EPS estimate?

Naikai Zosen Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Naikai Zosen Corporation have?

Naikai Zosen Corporation has 2,253,000 shares outstanding.

What happened to Naikai Zosen Corporation’s price movement after its last earnings report?

Naikai Zosen Corporation reported an EPS of ¥287.7 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.027%.

Which hedge fund is a major shareholder of Naikai Zosen Corporation?

Currently, no hedge funds are holding shares in JP:7018

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

Company Description

Naikai Zosen Corporation

Naikai Zosen Corporation engages in shipbuilding business in Japan. The company constructs ferries, container ships, product tankers, bulk carriers, general cargo ships, car carriers, refrigerated cargo ships, ro-ro ships, research vessels, investigation and patrol vessels, LPG/LAG/LEG tankers, chemical tankers, and others. It is also involved in the repair and remodeling of ships and governmental vessels. Naikai Zosen Corporation was founded in 1940 and is headquartered in Onomichi, Japan.