Nippon Suisan Kaisha (1332) AI Stock Analysis

• Market Cap: €328.51B
• Dividend Yield: 2.65%
• Average Volume (3M): 1.43M
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.55
• Revenue Growth: 4.55%
• EPS Growth: 14.94%
• Country: JP
• Employees: 10,104
• Sector: Consumer Defensive
• Sector Strength: 48
• Industry: Packaged Foods
• EPS (TTM): 20.94
• Shares Outstanding: 312,430,270
• 10 Day Avg. Volume: 1,266,380
• 30 Day Avg. Volume: 1,427,060
• 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: €1,063.54
• Price Target Upside: 0.76% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 75 Outperform
• Price Target: ¥977.00 ▼(-7.44% Downside)

Nippon Suisan Kaisha achieves a solid stock score due to robust financial performance, especially in revenue growth and operational efficiency. The stock is attractively valued with a low P/E ratio and a healthy dividend yield. Technical indicators show mixed signals but suggest potential upside. The company should focus on improving cash flow management to enhance its financial stability.

Nippon Suisan Kaisha Business Overview & Revenue Model

Company Description

Nippon Suisan Kaisha, Ltd. (Nissui) is a Japanese company primarily engaged in the marine products industry. Founded in 1911 and headquartered in Tokyo, Japan, the company operates through various segments, including Marine Products, Foods, Fine Chemicals, Logistics, and Others. Nissui is involved in the production, processing, and sale of seafood products, as well as the manufacture of frozen and packaged foods. It also engages in the development of pharmaceuticals and health-related products derived from marine resources.

How the Company Makes Money

Nippon Suisan Kaisha makes money through a diversified revenue model primarily centered around its Marine Products and Foods segments. The Marine Products segment generates revenue from the harvesting, processing, and sale of seafood, including fish, shellfish, and other marine products. The Foods segment contributes to earnings through the production and sale of frozen foods, processed seafood products, and other packaged food items. The Fine Chemicals segment adds value by developing and selling health-related products and pharmaceuticals derived from marine resources. Additionally, the Logistics segment provides transportation and storage services, supporting the distribution of Nissui's products. The company's global presence and strategic partnerships in various markets enhance its revenue potential by expanding its distribution network and market reach.

Nippon Suisan Kaisha Financial Statement Overview

Summary

Nippon Suisan Kaisha exhibits strong revenue growth and stable operational efficiency. The balance sheet is solid with moderate leverage, but there are potential risks from high liabilities. Cash flow management is an area for improvement, particularly in enhancing free cash flow.

Income Statement

Nippon Suisan Kaisha displays strong revenue growth with a TTM (Trailing-Twelve-Months) revenue increase of 6.6% compared to the prior year. Gross profit and net profit margins are stable at 15.5% and 2.9% respectively, indicating efficient cost management. EBIT and EBITDA margins are healthy, reflecting effective operational control. However, the net profit margin is relatively low, suggesting room for profitability improvement.

Balance Sheet

The company's debt-to-equity ratio stands at 0.78, suggesting moderate leverage. The return on equity (ROE) is 9.2%, indicating reasonable returns for shareholders. The equity ratio of 43.6% reflects a solid equity base, providing stability. However, high total liabilities in relation to assets point to potential risk if not managed carefully.

Cash Flow

Free cash flow has decreased substantially in the latest period, with a decline in operating cash flow. The operating cash flow to net income ratio is 1.6, reflecting good cash generation. However, the free cash flow to net income ratio is only 0.42, indicating limited free cash flow relative to net income. The declining free cash flow growth rate raises concerns about future liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	886.13B	886.13B	831.38B	768.18B	693.68B	656.49B
Gross Profit	136.93B	136.93B	125.64B	116.05B	111.08B	127.18B
EBITDA	59.53B	65.11B	60.64B	51.64B	48.29B	43.67B
Net Income	25.38B	25.38B	23.85B	21.23B	17.27B	14.39B
Balance Sheet
Total Assets	634.88B	634.88B	606.38B	549.01B	505.73B	475.42B
Cash, Cash Equivalents and Short-Term Investments	14.71B	14.71B	16.66B	10.38B	13.84B	10.99B
Total Debt	215.27B	215.27B	212.26B	211.15B	182.08B	184.21B
Total Liabilities	348.94B	348.94B	349.08B	328.38B	297.13B	287.49B
Stockholders Equity	277.04B	277.04B	249.19B	216.84B	189.80B	169.57B
Cash Flow
Free Cash Flow	0.00	10.54B	28.23B	-19.38B	10.63B	21.68B
Operating Cash Flow	0.00	40.38B	54.49B	3.40B	29.12B	45.91B
Investing Cash Flow	0.00	-30.39B	-37.72B	-22.57B	-17.26B	-18.02B
Financing Cash Flow	0.00	-11.45B	-12.39B	17.41B	-11.27B	-44.79B

Nippon Suisan Kaisha Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1055.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1332, the sentiment is Positive. The current price of 1055.5 is above the 20-day moving average (MA) of 999.24, above the 50-day MA of 926.01, and above the 200-day MA of 879.33, indicating a bullish trend. The MACD of 30.43 indicates Positive momentum. The RSI at 76.12 is Negative, neither overbought nor oversold. The STOCH value of 87.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1332.

Nippon Suisan Kaisha Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1332	75 Outperform	€328.51B	12.18	10.59%	2.65%	4.55%	14.94%
Sector *	63 Neutral	$20.49B	14.78	-2.88%	3.11%	1.86%	-5.76%
NI6	―	€3.23B	21.31	4.92%	―	―	―
KYK	―	€340.93M	8.90	9.75%	―	―	―
NI3	―	€2.49B	16.71	9.74%	―	―	―
2296	73 Outperform	¥303.76B	19.68		3.97%	8.96%	9.34%
2264	63 Neutral	¥306.12B	41.10		2.60%	2.97%	-46.46%

Nippon Suisan Kaisha Corporate Events

Nissui Reports Mixed Financial Results for Q1 2025

Nissui Corporation reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in net sales by 2.2% compared to the previous year. However, the company’s ordinary profit and profit attributable to owners of the parent decreased by 11.7%, indicating challenges in maintaining profitability. The company’s financial position remains stable with a slight decrease in net assets and capital adequacy ratio. The forecast for the fiscal year ending March 31, 2026, anticipates a modest growth in net sales and operating profit, reflecting cautious optimism about future performance.

Nissui Corporation Completes Share Repurchase Tender Offer

Nissui Corporation has successfully completed a tender offer for the repurchase of its own shares, as resolved by its Board of Directors. This strategic move, finalized on June 11, 2025, is part of the company’s efforts to optimize its capital structure and potentially enhance shareholder value. The repurchase was conducted over a 20-business-day period, with a tender offer price set at 772 yen per share. The completion of this share repurchase could have implications for the company’s market positioning and financial strategy, potentially impacting stakeholders by altering the company’s equity distribution.

Nissui Corporation Corrects Officer Information in Financial Results

Nissui Corporation announced a correction to its previously released Consolidated Financial Results for the year ended March 31, 2025. The correction pertains to an error in the attached materials regarding changes in officers, specifically the current position of Takeshi Tadokoro, who is now listed as a representative of his own Certified Public Accountant Office.

Nissui Corporation Revises Stock Compensation System to Enhance Governance

Nissui Corporation has announced a revision to its performance-linked stock compensation system, transitioning to a ‘Board Benefit Trust-Restricted Stock’ system. This change aims to enhance corporate governance by imposing transfer restrictions on shares delivered to directors and executive officers until their retirement. The revision is intended to align the interests of the management with shareholders by sharing both the benefits and risks associated with stock price fluctuations, thereby potentially increasing corporate value.

Nissui Corporation Increases Year-End Dividend to 16 JPY

Nissui Corporation has announced a year-end dividend of 16 JPY per share, marking an increase from the previous year’s 14 JPY. This decision aligns with the company’s policy to provide stable shareholder returns while strengthening its corporate structure for future growth. The total annual dividend for the fiscal year ending March 2025 will be 28 JPY per share, up from 24 JPY in the previous year, reflecting a commitment to responding to changes in the business environment and enhancing shareholder value.