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Nippon Information Development Co., Ltd.
(2349)
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Rating:83Outperform
Price Target:
¥2,971.00
▲(30.54% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong financial quality—especially an extremely low-debt balance sheet and solid profitability—with a supportive (though not risk-free) cash flow profile. Technicals add a positive tailwind as the stock trades above key moving averages with healthy momentum, while valuation is reasonable with a low P/E and modest yield.
Positive Factors
Exceptionally conservative balance sheet
Negligible debt reduces interest burden and refinancing risk, while rising equity strengthens financial resilience. This provides flexibility to maintain operations, invest in growth, or withstand industry weakness without relying heavily on external funding.
Negative Factors
Margin compression since 2023
Falling operating margins suggest that recent revenue growth is producing less incremental profit than at the prior peak. If this persists, weaker operating leverage could constrain earnings growth and reduce the company’s ability to absorb cost inflation.
Read all positive and negative factors
Positive Factors
Negative Factors
Exceptionally conservative balance sheet
Negligible debt reduces interest burden and refinancing risk, while rising equity strengthens financial resilience. This provides flexibility to maintain operations, invest in growth, or withstand industry weakness without relying heavily on external funding.
Read all positive factors
Nippon Information Development Co., Ltd. (2349) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥28.24B
Dividend Yield1.14%
Average Volume (3M)1.35K
Price to Earnings (P/E)11.0
Beta (1Y)0.11
Revenue Growth5.65%
EPS Growth7.73%
CountryJP
Employees1,683
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)230.26
Shares Outstanding13,109,490
10 Day Avg. Volume1,460
30 Day Avg. Volume1,350
Financial Highlights & Ratios
PEG Ratio1.84
Price to Book (P/B)1.08
Price to Sales (P/S)1.00
P/FCF Ratio11.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nippon Information Development Co., Ltd. Business Overview & Revenue Model
Company Description
Nippon Information Development Co., Ltd. is a global technology company, active in Japan and abroad, specializing in embedded and control systems, as well as financial and general business solutions. The company develops mobile applications for An...
How the Company Makes Money
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Nippon Information Development Co., Ltd. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
79
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.81B | 26.43B | 24.97B | 22.57B | 20.45B | 18.25B |
| Gross Profit | 6.43B | 6.30B | 5.68B | 5.27B | 4.81B | 4.38B |
| EBITDA | 3.60B | 3.53B | 3.24B | 2.96B | 2.67B | 2.34B |
| Net Income | 2.52B | 2.50B | 2.37B | 2.11B | 2.21B | 1.63B |
Balance Sheet | ||||||
| Total Assets | 31.23B | 30.72B | 28.56B | 26.62B | 24.31B | 22.27B |
| Cash, Cash Equivalents and Short-Term Investments | 18.76B | 18.12B | 16.20B | 14.19B | 13.05B | 11.85B |
| Total Debt | 360.00M | 0.00 | 10.13M | 17.02M | 23.28M | 16.82M |
| Total Liabilities | 6.73B | 6.45B | 7.03B | 6.91B | 6.40B | 6.17B |
| Stockholders Equity | 24.50B | 24.28B | 21.53B | 19.71B | 17.91B | 16.10B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.33B | 2.57B | 1.83B | 2.06B | 1.62B |
| Operating Cash Flow | 0.00 | 2.51B | 2.77B | 1.85B | 2.09B | 1.65B |
| Investing Cash Flow | 0.00 | -376.46M | -506.84M | -121.89M | -1.21B | -318.93M |
| Financing Cash Flow | 0.00 | -308.66M | -302.26M | -582.60M | -267.83M | -617.69M |
Nippon Information Development Co., Ltd. Technical Analysis
Positive
2276.00
Price Trends
2461.96
Positive
2411.92
Positive
2369.24
Positive
Market Momentum
18.46
Positive
57.73
Neutral
74.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2349, the sentiment is Positive. The current price of 2276 is below the 20-day moving average (MA) of 2527.20, below the 50-day MA of 2461.96, and below the 200-day MA of 2369.24, indicating a bullish trend. The MACD of 18.46 indicates Positive momentum. The RSI at 57.73 is Neutral, neither overbought nor oversold. The STOCH value of 74.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2349.
Nippon Information Development Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ¥28.24B | 11.04 | ― | 1.21% | 5.65% | 7.73% | |
83 Outperform | ¥30.04B | 13.81 | ― | 2.45% | 5.74% | -3.58% | |
78 Outperform | ¥33.10B | 10.53 | ― | 3.39% | 11.79% | 55.44% | |
71 Outperform | ¥29.88B | 11.62 | ― | 3.80% | 7.10% | 31.29% | |
71 Outperform | ¥28.97B | 15.19 | ― | 2.83% | 15.42% | 27.86% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
48 Neutral | ¥17.85B | -8.14 | ― | ― | 16.67% | 67.75% |
* Technology Sector Average
JP:2349
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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.