Manageable Leverage & Equity BaseA D/E of 0.52 and a 25.55% equity ratio indicate moderate leverage and a meaningful equity cushion. This structural balance-sheet strength supports capital access for shipbuilding cycles, helps absorb industry cyclicality, and preserves financing optionality for multi-month projects.

Stable Profitability MarginsStable gross and net margins show the company can maintain pricing and cost structure across recent periods. For a contract-driven shipbuilder, consistent margins underpin long-term cash generation potential on completed builds and signal disciplined pricing on new contracts.

Diversified Revenue Mix (newbuilds + Repairs)Earning from both newbuild contracts and after-delivery repair/maintenance creates recurring service revenue beside large project milestones. This durable business-model mix smooths revenue volatility across delivery cycles and supports long-term customer relationships and follow-on work.

Bears Say

Declining Revenue TrendTwo consecutive-year revenue decline signals weakening top-line demand or order timing shifts. For shipbuilders, sustained revenue contraction can erode scale economics, reduce yard utilization, and pressure fixed-cost absorption, making margin recovery and cash generation harder over months.

Negative Operating And Free Cash FlowNegative operating and free cash flow indicate the core business is not producing surplus cash to fund capex or working capital. Over several months this increases reliance on financing, constrains the ability to invest in yards or secure new contracts, and elevates liquidity risk.

Declining EBIT/EBITDA Margins (operational Inefficiency)A drop in EBIT/EBITDA margins points to rising relative costs or lower high-margin contract mix. For a project-driven shipbuilder, persistent margin erosion reduces cash cushion, makes competitive bidding harder, and can signal structural cost issues that undermine profitability over the medium term.

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 ¥26.67B.

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 80 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.