Nitta Gelatin Inc. (JP:4977)
:4977
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Nitta Gelatin Inc.
(4977)
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Rating:74Outperform
Price Target:
¥1,382.00
▲(12.45% Upside)
Action:Reiterated
Date:05/16/26
Overall score is driven primarily by strong improving fundamentals (profitability rebound and deleveraging) and very attractive valuation (low P/E with a reasonable dividend). This is tempered by only mixed technical momentum, with a negative MACD and the price still below key mid-term moving averages.
Positive Factors
Margin recovery and sustained profitability
A clear rebound from the 2024 loss into mid-single-digit net margins and ~12% operating margin by 2026 indicates structural cost control, pricing power, and better mix toward higher‑value gelatin/collagen grades, supporting durable earnings power over the next 2–6 months.
Negative Factors
Mixed and tepid revenue growth
Top-line momentum remains inconsistent: declines in 2025 and only modest recovery in 2026 suggest demand or pricing is not yet robust across end markets. Reliance on margin improvements rather than sustained revenue expansion is a structural risk for long‑term growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin recovery and sustained profitability
A clear rebound from the 2024 loss into mid-single-digit net margins and ~12% operating margin by 2026 indicates structural cost control, pricing power, and better mix toward higher‑value gelatin/collagen grades, supporting durable earnings power over the next 2–6 months.
Read all positive factors
Nitta Gelatin Inc. (4977) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥21.73B
Dividend Yield1.82%
Average Volume (3M)79.72K
Price to Earnings (P/E)6.7
Beta (1Y)0.95
Revenue Growth-1.80%
EPS Growth3.81%
CountryJP
Employees946
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)174.38
Shares Outstanding18,373,974
10 Day Avg. Volume66,280
30 Day Avg. Volume79,723
Financial Highlights & Ratios
PEG Ratio1.76
Price to Book (P/B)0.91
Price to Sales (P/S)0.58
P/FCF Ratio4.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)148.5
Revenue Forecast (FY)¥38.80B
Nitta Gelatin Inc. Business Overview & Revenue Model
Company Description
Nitta Gelatin Inc. engages in the production and sale of edible gelatin, pharmaceutical gelatin, and photographic gelatin in Japan. The company manufactures and sells related products made from collagen for animal bones and skin, and fish scales a...
How the Company Makes Money
Nitta Gelatin makes money primarily by manufacturing and selling gelatin and collagen-based products to business customers. Its core revenue model is product sales: (1) Food-use gelatin and related gelling/stabilizing ingredients sold to food manu...
Nitta Gelatin Inc. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
78
Positive
Cash Flow
67
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.51B | 38.05B | 38.74B | 40.42B | 39.19B | 31.78B |
| Gross Profit | 10.11B | 10.98B | 9.96B | 8.29B | 8.90B | 7.00B |
| EBITDA | 5.82B | 6.07B | 5.86B | 1.86B | 3.89B | 3.18B |
| Net Income | 3.17B | 3.28B | 3.16B | -1.85B | 1.56B | 726.00M |
Balance Sheet | ||||||
| Total Assets | 40.24B | 42.87B | 40.41B | 39.96B | 41.61B | 37.41B |
| Cash, Cash Equivalents and Short-Term Investments | 4.79B | 6.49B | 5.12B | 4.08B | 2.86B | 3.05B |
| Total Debt | 6.20B | 5.96B | 7.74B | 9.80B | 10.79B | 8.32B |
| Total Liabilities | 14.63B | 13.24B | 15.04B | 17.69B | 19.36B | 16.84B |
| Stockholders Equity | 20.85B | 24.25B | 20.69B | 18.19B | 19.10B | 18.08B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 4.53B | 3.77B | 2.64B | -2.70B | -285.00M |
| Operating Cash Flow | 0.00 | 6.48B | 5.18B | 4.91B | -540.00M | 1.04B |
| Investing Cash Flow | 0.00 | -5.09B | -1.18B | -3.02B | -1.50B | -1.32B |
| Financing Cash Flow | 0.00 | -2.39B | -2.55B | -1.61B | 1.82B | -762.00M |
Nitta Gelatin Inc. Technical Analysis
Neutral
1229.00
Price Trends
1234.39
Negative
1258.48
Negative
1130.35
Positive
Market Momentum
-8.88
Negative
48.90
Neutral
38.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4977, the sentiment is Neutral. The current price of 1229 is above the 20-day moving average (MA) of 1199.90, below the 50-day MA of 1234.39, and above the 200-day MA of 1130.35, indicating a neutral trend. The MACD of -8.88 indicates Negative momentum. The RSI at 48.90 is Neutral, neither overbought nor oversold. The STOCH value of 38.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4977.
Nitta Gelatin Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥105.78B | 17.95 | ― | 1.30% | 26.33% | 11.15% | |
74 Outperform | ¥21.73B | 6.70 | ― | 1.82% | -1.80% | 3.81% | |
74 Outperform | ¥108.88B | 18.70 | 15.07% | 1.74% | 7.82% | 64.90% | |
69 Neutral | ¥54.76B | 13.50 | ― | 2.92% | -5.24% | 17.53% | |
65 Neutral | ¥51.85B | 19.62 | ― | 4.37% | -3.84% | -43.55% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ¥894.89B | -17.36 | -2.50% | 3.49% | -4.57% | -190.44% |
* Basic Materials Sector Average
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Nitta Gelatin Inc. Corporate Events
Nitta Gelatin Boosts Profitability and Strengthens Balance Sheet in FY2026
May 14, 2026
Nitta Gelatin Inc. reported consolidated net sales of ¥38.0 billion for the fiscal year ended March 31, 2026, down 1.8% from the previous year, but significantly improved profitability with operating profit up 18.7% to ¥4.66 billion and ...
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.