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Nippon Felt Company Limited (JP:3512)
:3512
Japanese Market

Nippon Felt Company Limited (3512) AI Stock Analysis

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JP:3512

Nippon Felt Company Limited

(3512)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
¥1,116.00
▲(58.52% Upside)
Action:DowngradedDate:04/02/26
The score is driven primarily by a very strong balance sheet and generally solid cash conversion, offset by weakening profitability and declining revenue/margins. Technicals are supportive with a clear uptrend and positive MACD, while valuation (P/E ~23 with ~1.77% yield) is only moderate.
Positive Factors
Balance Sheet Strength
Very low leverage and an equity ratio above 80% indicate durable solvency and financial flexibility. This strong capital structure reduces bankruptcy risk, supports funding of capital spending or working capital needs, and gives management optionality during cyclical downturns.
Negative Factors
Revenue Decline
A persistent top-line contraction, including a notable 6.5% decline year-over-year, signals structural demand weakness or market-share loss. Continued revenue erosion undermines scale economics, pressures fixed-cost absorption, and limits ability to reinvest for growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
Very low leverage and an equity ratio above 80% indicate durable solvency and financial flexibility. This strong capital structure reduces bankruptcy risk, supports funding of capital spending or working capital needs, and gives management optionality during cyclical downturns.
Read all positive factors

Nippon Felt Company Limited (3512) vs. iShares MSCI Japan ETF (EWJ)

Nippon Felt Company Limited Business Overview & Revenue Model

Company Description
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 manufactur...
How the Company Makes Money
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Nippon Felt Company Limited Financial Statement Overview

Summary
Mixed fundamentals: income statement trends are weakening (revenue down, EBIT margin fell sharply to 2.1% in 2025), but the balance sheet is very strong (low debt-to-equity of 0.04, >80% equity ratio). Cash generation is solid, though free cash flow has declined notably.
Income Statement
65
Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue9.62B9.70B10.08B10.40B9.84B10.01B
Gross Profit2.88B3.09B3.31B3.61B3.36B3.02B
EBITDA775.50M743.24M1.03B1.38B1.15B873.07M
Net Income442.54M429.90M487.51M750.10M499.18M329.71M
Balance Sheet
Total Assets24.70B25.26B25.07B23.59B22.79B22.65B
Cash, Cash Equivalents and Short-Term Investments3.41B3.70B3.96B5.33B5.06B4.42B
Total Debt800.00M800.00M801.46M1.61B1.62B1.66B
Total Liabilities4.21B4.55B4.70B5.38B5.39B5.36B
Stockholders Equity20.04B20.24B19.93B17.81B17.02B16.96B
Cash Flow
Free Cash Flow0.00198.34M111.80M499.41M1.01B639.04M
Operating Cash Flow0.001.06B611.39M1.06B1.28B1.05B
Investing Cash Flow0.00-753.61M-934.50M-562.01M-251.25M-690.90M
Financing Cash Flow0.00-623.28M-1.33B-262.46M-431.97M411.60M

Nippon Felt Company Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price704.00
Price Trends
50DMA
923.75
Positive
100DMA
819.58
Positive
200DMA
674.78
Positive
Market Momentum
MACD
14.39
Positive
RSI
52.47
Neutral
STOCH
65.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3512, the sentiment is Positive. The current price of 704 is below the 20-day moving average (MA) of 975.46, below the 50-day MA of 923.75, and above the 200-day MA of 674.78, indicating a neutral trend. The MACD of 14.39 indicates Positive momentum. The RSI at 52.47 is Neutral, neither overbought nor oversold. The STOCH value of 65.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3512.

Nippon Felt Company Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
¥569.47B12.7413.63%1.95%-1.33%9.21%
75
Outperform
¥151.95B9.782.66%-1.63%67.13%
69
Neutral
¥17.15B23.322.41%-4.23%-5.96%
68
Neutral
¥156.67B9.033.17%3.99%20.63%
65
Neutral
¥259.94B14.728.35%2.73%3.35%810.44%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
53
Neutral
¥331.55B-15.81-20.43%3.72%-8.20%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3512
Nippon Felt Company Limited
984.00
559.43
131.77%
JP:5393
Nichias
3,005.00
1,575.65
110.24%
JP:3105
Nisshinbo Holdings
1,653.00
913.70
123.59%
JP:3401
Teijin
1,726.00
679.79
64.98%
JP:3106
KURABO INDUSTRIES LTD.
9,480.00
4,424.42
87.52%
JP:3167
Tokai Holdings Corporation
1,196.00
284.79
31.25%
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.Date of analysis: Apr 02, 2026