Nisshin OilliO Group, Ltd. (2602) AI Stock Analysis

• Market Cap: €169.50B
• Dividend Yield: 3.54%
• Average Volume (3M): 79.90K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 0.56
• Revenue Growth: 3.38%
• EPS Growth: -15.18%
• Country: JP
• Employees: 3,078
• Sector: Consumer Defensive
• Sector Strength: 57
• Industry: Packaged Foods
• EPS (TTM): 20.77
• Shares Outstanding: 33,716,255
• 10 Day Avg. Volume: 55,570
• 30 Day Avg. Volume: 79,896
• PEG Ratio: -2.64
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 28.34
• 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: €5,560.92
• Price Target Upside: 6.33% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ¥5,342.00 ▲(2.14%Upside)

Nisshin OilliO Group, Ltd. scores well due to its solid financial performance and attractive valuation, with a stable revenue growth and low P/E ratio. Technical indicators suggest a neutral short-term trend. The absence of earnings call data and notable corporate events keeps the focus on fundamental and technical analyses.

Nisshin OilliO Group, Ltd. Business Overview & Revenue Model

Company Description

Nisshin OilliO Group, Ltd. (2602) is a leading Japanese company primarily engaged in the production and distribution of edible oils and related products. The company operates in several sectors, including food products, fine chemicals, and healthcare, with a core focus on providing high-quality vegetable oils, margarine, and functional foods. Nisshin OilliO is known for its innovative approach to oil processing and its commitment to sustainability and health, serving both domestic and international markets.

How the Company Makes Money

Nisshin OilliO Group, Ltd. generates revenue through the manufacturing and sale of a diverse range of edible oils, including household cooking oils, oils for food service, and industrial oils. The company also produces and sells margarine, shortening, and other processed food products. A significant portion of its revenue comes from catering to both retail consumers and food industry clients. Additionally, Nisshin OilliO engages in the production of fine chemicals and raw materials for cosmetics and healthcare products, further diversifying its income streams. Strategic partnerships and collaborations with other food and chemical companies also contribute to its earnings, as do its efforts in expanding international distribution channels.

Nisshin OilliO Group, Ltd. Financial Statement Overview

Summary

Nisshin OilliO Group, Ltd. demonstrates solid financial health with consistent revenue growth and stable profit margins. The balance sheet is relatively strong, albeit with rising liabilities. Cash flow management shows positive trends but remains an area to enhance further. Overall, the company is well-positioned in the packaged foods industry, though attention to debt levels and cash flow sustainability is advised.

Income Statement

The company has shown a robust growth trajectory with a consistent increase in total revenue over the years. Gross profit and net profit margins are stable, reflecting efficient cost management. Recent revenue growth is modest compared to previous years, highlighting potential market saturation. EBIT and EBITDA margins are healthy, indicating sustained operational efficiency.

Balance Sheet

The balance sheet reflects moderate financial stability with a manageable debt-to-equity ratio. Return on equity (ROE) is strong, showcasing effective utilization of shareholder funds. The equity ratio is adequate, suggesting a balanced approach to financing through equity and liabilities. However, increasing total liabilities and debt levels warrant cautious monitoring.

Cash Flow

Cash flow analysis shows variability, with significant improvements in free cash flow from negative to positive in recent years. Operating cash flow provides a strong coverage of net income, indicating good cash generation capabilities. However, the free cash flow to net income ratio suggests room for improvement in cash retention.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	530.88B	513.54B	556.57B	432.78B	336.31B
Gross Profit	74.74B	74.32B	65.62B	56.99B	60.39B
EBITDA	31.68B	31.58B	25.61B	20.58B	20.42B
Net Income	12.85B	15.15B	11.16B	8.60B	9.24B
Balance Sheet
Total Assets	388.24B	393.38B	374.45B	344.51B	292.15B
Cash, Cash Equivalents and Short-Term Investments	17.15B	20.43B	13.04B	9.98B	11.04B
Total Debt	98.30B	104.62B	111.82B	97.83B	59.52B
Total Liabilities	190.15B	200.82B	203.04B	180.19B	138.90B
Stockholders Equity	187.15B	182.62B	162.56B	156.22B	145.55B
Cash Flow
Free Cash Flow	5.69B	21.95B	-6.83B	-36.77B	-7.81B
Operating Cash Flow	21.17B	36.72B	398.00M	-26.63B	6.34B
Investing Cash Flow	-9.59B	-16.08B	-6.14B	-9.33B	-14.63B
Financing Cash Flow	-13.88B	-14.59B	6.34B	34.47B	-5.81B

Nisshin OilliO Group, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5230.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2602, the sentiment is Positive. The current price of 5230 is above the 20-day moving average (MA) of 5021.00, above the 50-day MA of 4898.60, and above the 200-day MA of 4905.69, indicating a bullish trend. The MACD of 73.52 indicates Negative momentum. The RSI at 76.27 is Negative, neither overbought nor oversold. The STOCH value of 91.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2602.

Nisshin OilliO Group, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2612	74 Outperform	¥35.38B	15.11		2.57%	10.50%	-3.82%
2613	72 Outperform	¥69.48B	9.96		1.95%	-5.54%	3.00%
4404	72 Outperform	¥19.80B	9.83		3.09%	1.07%	-34.52%
2602	69 Neutral	€169.50B	13.19	6.86%	3.54%	3.38%	-15.18%
Sector *	69 Neutral	¥216.11B	20.84	8.24%	2.25%	4.80%	-0.56%
2811	69 Neutral	¥252.75B	19.74		2.00%	11.08%	-46.09%
2607	54 Neutral	¥243.44B	109.18		1.84%	18.99%	-65.82%

Nisshin OilliO Group, Ltd. Corporate Events

Nisshin OilliO Advances Treasury Share Acquisition

The Nisshin OilliO Group, Ltd. announced progress on its acquisition of treasury shares, acquiring 463,400 common shares valued at 2,181,444,500 yen between June 18 and June 30, 2025. This move is part of a broader strategy authorized by the Board of Directors to acquire up to 2.5 million shares, aiming to enhance shareholder value and optimize capital structure.

Nisshin OilliO Group Acquires Treasury Shares to Boost Growth

The Nisshin OilliO Group, Ltd. has announced the acquisition of 435,300 treasury shares valued at approximately 2.04 billion yen as part of its strategy to improve profit growth and capital efficiency. This move aligns with the company’s medium-term business plan, Value UpX, which aims to enhance shareholder returns and support sustainable growth initiatives.

Nisshin OilliO Group Announces Treasury Share Repurchase Plan

The Nisshin OilliO Group, Ltd. has announced a resolution to acquire up to 500,000 of its own common shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3, at a maximum value of 2,345,000,000 yen. This move is part of a broader strategy approved by the Board of Directors to repurchase up to 2,500,000 shares, representing 7.67% of the total issued shares, with a total acquisition value of up to 10,000,000,000 yen, to be executed by March 31, 2026. This strategic acquisition is expected to enhance shareholder value and optimize the company’s capital structure.

Nisshin OilliO Announces Strategic Treasury Share Acquisition and Cancellation

Nisshin OilliO Group, Ltd. has announced a strategic move to acquire and subsequently cancel a portion of its treasury shares, as part of its medium-term business plan, Value UpX. This initiative aims to boost profit growth and capital efficiency, with a maximum acquisition value of 10 billion yen for up to 2.5 million shares. The move is expected to enhance shareholder returns and support sustainable growth, aligning with the company’s commitment to balance growth investments and financial stability.

Nisshin OilliO Cleared in JFTC Antitrust Investigation

The Japan Fair Trade Commission conducted an investigation into The Nisshin OilliO Group, Ltd. regarding alleged antitrust violations in the sales of sesame oils. The commission issued a ‘cease and desist’ order to some businesses, but Nisshin OilliO was not subject to any such measures, indicating no unlawful conduct was found on their part.

Nisshin OilliO Group Reports Mixed Financial Results for FY2025

Nisshin OilliO Group, Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 3.4% increase in net sales to ¥530,878 million. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with respective decreases of 7.5%, 9.7%, and 15.2%. Despite these challenges, the company forecasts a positive outlook for the fiscal year ending March 31, 2026, with expected increases in net sales and profits, driven by extraordinary income from asset transfers.

Nisshin OilliO Group Revises Shareholder Return Policy in Value UpX Plan

Nisshin OilliO Group, Ltd. has revised its shareholder return policy under its medium-term business plan, Value UpX, to enhance stable and proactive returns to shareholders and improve capital efficiency. The company plans to pay a minimum dividend of ¥180 per share and aims for a 40% consolidated dividend payout ratio, excluding one-time gains. Additionally, it will purchase treasury shares worth ¥20 billion, balancing this with growth investments and financial soundness to increase corporate and shareholder value.

Nisshin OilliO Affirms Independence Amid Marubeni Stake

The Nisshin OilliO Group has announced its relationship with Marubeni Corporation, which holds a 16% voting stake, classifying it as an affiliated company. Despite this affiliation, Nisshin OilliO maintains operational independence, with no shared directors and independent decision-making processes. The company engages in significant business transactions with Marubeni, including the sale of oils and fats and the purchase of raw materials, while ensuring fair pricing to protect minority shareholders.