Nippon Care Supply Co., Ltd. (2393) AI Stock Analysis

• Market Cap: ¥32.29B
• Dividend Yield: 3.35%
• Average Volume (3M): 4.50K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 0.24
• Revenue Growth: 11.34%
• EPS Growth: 15.91%
• Country: JP
• Employees: 1,334
• Sector: Industrials
• Sector Strength: 87
• Industry: Rental & Leasing Services
• EPS (TTM): 29.90
• Shares Outstanding: 16,237,694
• 10 Day Avg. Volume: 5,440
• 30 Day Avg. Volume: 4,496
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,135.00
• Price Target Upside: 2.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: ¥2,135.00 ▲(2.15%Upside)

Nippon Care Supply Co., Ltd. has a strong financial foundation with positive growth and profitability metrics. However, technical indicators suggest neutral market sentiment, and the valuation is moderate. The lack of earnings call data and corporate events limits further insights.

Nippon Care Supply Co., Ltd. Business Overview & Revenue Model

Company Description

Nippon Care Supply Co., Ltd. (2393) is a Japan-based company primarily engaged in the provision of welfare equipment rental and sales services. The company focuses on offering a wide range of products designed to assist with daily living activities for the elderly and individuals with disabilities. Its core offerings include mobility aids, bathing aids, and home nursing care products, catering to the growing needs of Japan's aging population. Additionally, Nippon Care Supply Co., Ltd. is involved in the development and distribution of welfare-related products.

How the Company Makes Money

Nippon Care Supply Co., Ltd. generates revenue primarily through the rental and sale of welfare equipment. The rental business segment is particularly significant, providing a steady income stream from long-term rental contracts with individuals, healthcare institutions, and care facilities. The company also benefits from the sale of specialized care products, which contribute to its earnings. Key revenue streams include mobility aids such as wheelchairs and walking aids, as well as bathing and toileting aids. The company collaborates with healthcare providers and government agencies to ensure the widespread adoption of its products, benefiting from subsidies and government programs aimed at enhancing elderly care. Furthermore, the company's focus on product innovation and expanding its distribution network enhances its market presence and profitability.

Nippon Care Supply Co., Ltd. Financial Statement Overview

Summary

Nippon Care Supply Co., Ltd. exhibits strong revenue growth and profitability, with effective cost management and operational efficiency. While the balance sheet is solid, there is a rise in leverage, which requires monitoring. Cash flow improvements enhance the company's financial outlook.

Income Statement

Nippon Care Supply Co., Ltd. shows strong revenue growth with a consistent increase over the past years, highlighted by a 12% growth in the latest year. The company maintains a solid gross profit margin around 35.3%, indicating effective cost management. Net profit margin stands at 5.6%, reflecting stable profitability. EBIT and EBITDA margins are healthy at 7.7% and 29.6%, respectively, showcasing operational efficiency.

Balance Sheet

The company has maintained a strong equity position with an equity ratio of 65.5%, reflecting financial stability. However, the debt-to-equity ratio increased to 12.9% from 8.2% previously, indicating a rise in leverage. Return on Equity remains robust at 10.2%, demonstrating efficient use of equity capital despite the higher leverage.

Cash Flow

The cash flow situation has improved with a positive free cash flow of 538.7 million JPY, a significant turnaround from the previous negative figures. The operating cash flow to net income ratio is 0.8, showing good cash generation relative to profits. The free cash flow growth rate is positive, indicating improved cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	31.34B	32.01B	28.59B	25.89B	23.30B	21.02B
Gross Profit	11.02B	11.29B	10.25B	9.47B	8.82B	8.26B
EBITDA	7.26B	9.48B	8.38B	7.81B	7.73B	7.42B
Net Income	1.76B	1.79B	1.58B	1.51B	1.68B	1.73B
Balance Sheet
Total Assets	26.96B	26.71B	25.40B	23.17B	21.32B	20.22B
Cash, Cash Equivalents and Short-Term Investments	826.00M	740.61M	711.88M	1.49B	1.75B	1.68B
Total Debt	3.16B	2.26B	1.36B	610.00M	59.72M	20.00M
Total Liabilities	10.24B	9.19B	8.85B	7.08B	5.81B	5.62B
Stockholders Equity	16.70B	17.51B	16.54B	16.07B	15.50B	14.60B
Cash Flow
Free Cash Flow	0.00	538.71M	-438.56M	-905.70M	-754.64M	1.34B
Operating Cash Flow	0.00	1.39B	339.18M	-7.10M	53.25M	1.80B
Investing Cash Flow	0.00	-1.17B	-775.78M	132.78M	741.98M	-1.04B
Financing Cash Flow	0.00	-189.88M	-343.30M	-381.96M	-724.64M	-694.76M

Nippon Care Supply Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2090.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2393, the sentiment is Positive. The current price of 2090 is above the 20-day moving average (MA) of 2086.40, above the 50-day MA of 2039.90, and above the 200-day MA of 1945.45, indicating a bullish trend. The MACD of 14.43 indicates Positive momentum. The RSI at 56.94 is Neutral, neither overbought nor oversold. The STOCH value of 37.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2393.

Nippon Care Supply Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8596	78 Outperform	¥28.95B	8.06		4.00%	17.40%	17.97%
4345	77 Outperform	¥36.43B	15.71		2.85%	6.59%	19.67%
7081	71 Outperform	¥12.08B	8.13		3.66%	2.12%	-6.76%
9763	71 Outperform	¥10.85B	8.48		3.99%	6.95%	4.92%
5834	70 Outperform	¥39.57B	7.63		2.00%	14.18%	45.35%
Sector *	66 Neutral	£2.71B	11.98	4.22%	3.38%	2.19%	-20.98%
2393	63 Neutral	¥32.29B	17.03		3.35%	11.34%	15.91%