Nitto Boseki Co (3110) AI Stock Analysis

• Market Cap: ¥794.07B
• Dividend Yield: 0.99%
• Average Volume (3M): 918.15K
• Price to Earnings (P/E): 3.3
• Beta (1Y): 1.58
• Revenue Growth: 9.49%
• EPS Growth: 55.64%
• Country: JP
• Employees: 2,690
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 775.48
• Shares Outstanding: 37,723,010
• 10 Day Avg. Volume: 726,840
• 30 Day Avg. Volume: 918,150
• PEG Ratio: 0.16
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 1.39
• P/FCF Ratio: 25.31
• 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: ¥17,027.48
• Price Target Upside: -21.93% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 996.76
• Revenue Forecast (FY): ¥121.15B

• Rating: 77 Outperform
• Price Target: ¥26,480.00 ▲(21.41% Upside)
• Action: Reiterated Date: 03/04/26
• Date: Action: Reiterated 03/04/26

The score is driven primarily by strong financial performance (solid growth and margins with improving balance sheet and cash flow) and bullish technical momentum (price above key moving averages with a strong MACD). These positives are partially offset by a less attractive valuation profile (P/E 22.05 and low 0.45% dividend yield).

Positive Factors

Revenue & Margin Strength

Consistent double-digit revenue growth and high gross and net margins indicate durable demand for differentiated glass-fiber products and effective cost management. Sustained margins support reinvestment in product development and higher-value mixes, underpinning multi-quarter profitability and competitive positioning.

Negative Factors

Cyclical End-Market Exposure

Heavy exposure to electronics and industrial end markets ties revenues and utilization to broader capital spending and semiconductor/electronics cycles. This structural demand sensitivity can produce multi-quarter swings in shipments and margins, raising persistent earnings volatility risk over 2–6 months.

Nitto Boseki Co Business Overview & Revenue Model

Company Description

Nitto Boseki Co., Ltd. engages in the manufacture, processing, and sale of textile products and textile-related industrial goods, rock wool and building materials, glass fiber products, and specialty chemicals and medical products in Japan. The co...

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Nitto Boseki Co., Ltd. engages in the manufacture, processing, and sale of textile products and textile-related industrial goods, rock wool and building materials, glass fiber products, and specialty chemicals and medical products in Japan. The co...

How the Company Makes Money

Nitto Boseki generates revenue through multiple streams, primarily by selling its specialized textile products and industrial materials to various industries, including automotive, construction, and healthcare. The company capitalizes on its advan...

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Nitto Boseki generates revenue through multiple streams, primarily by selling its specialized textile products and industrial materials to various industries, including automotive, construction, and healthcare. The company capitalizes on its advan...

Nitto Boseki Co Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	111.15B	109.03B	93.25B	87.53B	84.05B	78.73B
Gross Profit	41.55B	40.38B	30.61B	27.21B	28.23B	25.66B
EBITDA	25.41B	26.02B	16.66B	13.12B	15.98B	17.80B
Net Income	12.73B	12.84B	7.30B	2.77B	6.52B	8.10B
Balance Sheet
Total Assets	220.99B	223.10B	212.11B	185.59B	187.29B	184.65B
Cash, Cash Equivalents and Short-Term Investments	26.76B	28.55B	23.66B	21.59B	18.54B	30.32B
Total Debt	52.66B	52.75B	53.14B	46.06B	46.21B	44.16B
Total Liabilities	87.30B	87.27B	88.40B	76.63B	76.65B	80.26B
Stockholders Equity	127.97B	129.73B	118.19B	103.79B	105.82B	99.13B
Cash Flow
Free Cash Flow	0.00	5.98B	-1.89B	470.00M	-10.36B	-6.03B
Operating Cash Flow	0.00	19.12B	5.06B	7.64B	6.96B	7.82B
Investing Cash Flow	0.00	-11.42B	-7.90B	1.98B	-17.30B	-1.87B
Financing Cash Flow	0.00	-3.28B	4.30B	-7.25B	-1.53B	1.86B

Nitto Boseki Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21810.00
• 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:3110, the sentiment is Positive. The current price of 21810 is below the 20-day moving average (MA) of 22333.50, above the 50-day MA of 19776.20, and above the 200-day MA of 11073.59, indicating a bullish trend. The MACD of 248.61 indicates Positive momentum. The RSI at 54.29 is Neutral, neither overbought nor oversold. The STOCH value of 39.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3110.

Nitto Boseki Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3569	78 Outperform	¥166.86B	9.78	10.24%	2.43%	6.08%	8.55%
3110	77 Outperform	¥794.07B	3.29	27.58%	0.99%	9.49%	55.64%
3104	75 Outperform	¥120.70B	15.30	―	1.79%	10.76%	54.82%
3109	72 Outperform	¥13.66B	4.54	―	4.80%	4.49%	26.84%
3002	66 Neutral	¥136.91B	17.53	2.80%	3.38%	>-0.01%	-49.83%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
3402	58 Neutral	¥1.65T	117.21	3.37%	1.85%	-2.18%	26.45%

Nitto Boseki Co Corporate Events