Very Low Leverage And High Equity RatioA debt-to-equity of 0.04 and >80% equity ratio deliver durable solvency and financial flexibility. Low leverage reduces refinancing and interest risks, lets management fund working capital or capex from internal sources, and preserves capacity to absorb downturns while supporting long-term stability.

Robust Operating Cash GenerationConsistently strong operating cash flow and healthy cash conversion underpin the company's ability to finance operations, routine capex and dividends without relying on new debt. Durable OCF reduces dependence on earnings timing and supports predictable capital allocation over multiple quarters.

Niche Industrial Product SpecializationFocused production of industrial felt and consumables targets process-critical, repeat-purchase applications. This specialization creates sticky customer relationships, technical know-how and barriers to entry, supporting steadier demand and margin resilience versus commodity competitors over the medium term.

Bears Say

Ongoing Revenue DeclineA 6.5% year decline and multi-year revenue softness suggest structural demand weakness or market-share loss. Persistent top-line erosion reduces operating scale and pricing leverage, making margin recovery and reinvestment harder and limiting long-term growth potential absent new market wins.

Sharply Weaker Operating Profitability (EBIT Margin)An EBIT margin collapse from ~8% to ~2.1% indicates structural margin pressure from cost inflation, pricing constraints or operational inefficiencies. Persistently compressed operating profits erode funds for capex, R&D and dividends and weaken the firm's ability to invest for future competitiveness.

Deteriorating Free Cash FlowSignificant drop in free cash flow and a lower FCF-to-net-income ratio constrain discretionary financial policy. Even with solid OCF, reduced FCF limits capacity for strategic investments, M&A or increased shareholder returns, tightening long-term financial flexibility.

3512 FAQ

What was Nippon Felt Company Limited’s price range in the past 12 months?

Nippon Felt Company Limited lowest stock price was ¥423.00 and its highest was ¥989.00 in the past 12 months.

What is Nippon Felt Company Limited’s market cap?

Nippon Felt Company Limited’s market cap is ¥16.13B.

When is Nippon Felt Company Limited’s upcoming earnings report date?

Nippon Felt Company Limited’s upcoming earnings report date is May 14, 2026 which is in 65 days.

How were Nippon Felt Company Limited’s earnings last quarter?

Nippon Felt Company Limited released its earnings results on Jan 30, 2026. The company reported ¥9.65 earnings per share for the quarter, beating the consensus estimate of N/A by ¥9.65.

Is Nippon Felt Company Limited overvalued?

According to Wall Street analysts Nippon Felt Company Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nippon Felt Company Limited pay dividends?

Nippon Felt Company Limited pays a Semiannually dividend of ¥10 which represents an annual dividend yield of 2.41%. See more information on Nippon Felt Company Limited dividends here

What is Nippon Felt Company Limited’s EPS estimate?

Nippon Felt Company Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nippon Felt Company Limited have?

Nippon Felt Company Limited has 18,342,089 shares outstanding.

What happened to Nippon Felt Company Limited’s price movement after its last earnings report?

Nippon Felt Company Limited reported an EPS of ¥9.65 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.676%.

Which hedge fund is a major shareholder of Nippon Felt Company Limited?

Currently, no hedge funds are holding shares in JP:3512

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nippon Felt Company Limited

Nippon Felt Co., Ltd. manufactures and sells press felts, shoe press belts, and industrial textile products in Japan and internationally. The company offers papermaking felts and pulp-making felts; felts for slate and building materials manufacturing; synthetic textiles for paper making or other industrial uses; industrial use felts; industrial tubular needle-felts for industrial use; industrial woven jackets; industrial detergents and industrial chemicals; and high-pressure shower equipment for paper-making. It is also involved in leasing and managing real estate properties, as well as producing and selling industrial machinery and anti-pollution devices. The company was founded in 1917 and is headquartered in Tokyo, Japan.