Want to see JP:5011 full AI Analyst Report?
Top Page
Nichireki Co., Ltd.
(5011)
Select Model
Select Model
Rating:53Neutral
Price Target:
¥1,975.00
▼(-19.19% Downside)
Action:Reiterated
Date:05/14/26
The score is held back primarily by weakened cash generation (two years of negative free cash flow and sharply lower operating cash flow) and bearish technical conditions (price below key moving averages with negative MACD). These are partially offset by a relatively solid balance sheet and a reasonable valuation with an attractive dividend yield.
Positive Factors
Specialized Road Infrastructure Business
Nichireki's focused exposure to asphalt and pavement materials for public and private road construction creates durable, recurring demand tied to maintenance cycles and infrastructure budgets. This specialization supports steady long-term revenue visibility versus cyclical discretionary markets.
Negative Factors
Weak Cash Generation
Two consecutive years of negative free cash flow and a sharp fall in operating cash flow reduce financial flexibility. Lower cash conversion (OCF covering ~10% of net income in 2026) limits ability to fund capex, payables or dividends from operations and raises reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialized Road Infrastructure Business
Nichireki's focused exposure to asphalt and pavement materials for public and private road construction creates durable, recurring demand tied to maintenance cycles and infrastructure budgets. This specialization supports steady long-term revenue visibility versus cyclical discretionary markets.
Read all positive factors
Nichireki Co., Ltd. (5011) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥64.71B
Dividend Yield3.31%
Average Volume (3M)30.33K
Price to Earnings (P/E)14.1
Beta (1Y)0.57
Revenue Growth0.14%
EPS Growth-8.82%
CountryJP
Employees977
SectorIndustrials
Sector Strength72
IndustryConstruction Materials
Share Statistics
EPS (TTM)150.19
Shares Outstanding31,685,955
10 Day Avg. Volume27,400
30 Day Avg. Volume30,326
Financial Highlights & Ratios
PEG Ratio-1.53
Price to Book (P/B)0.76
Price to Sales (P/S)0.80
P/FCF Ratio-20.39
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)170.4
Revenue Forecast (FY)¥80.00B
Nichireki Co., Ltd. Business Overview & Revenue Model
Company Description
Nichireki Co., Ltd., founded in 1943 and headquartered in Tokyo, Japan, is a prominent manufacturer and supplier of diverse paving materials, primarily serving the Japanese market. The company's main product lines include various asphalt emulsions...
How the Company Makes Money
null...
Nichireki Co., Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
41
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 75.85B | 75.75B | 73.83B | 78.40B | 78.00B |
| Gross Profit | 17.88B | 16.39B | 15.68B | 16.66B | 17.61B |
| EBITDA | 9.25B | 9.70B | 9.08B | 11.41B | 11.95B |
| Net Income | 4.29B | 4.85B | 4.49B | 6.28B | 6.81B |
Balance Sheet | |||||
| Total Assets | 122.62B | 112.37B | 95.09B | 91.47B | 88.42B |
| Cash, Cash Equivalents and Short-Term Investments | 24.75B | 31.62B | 25.75B | 27.32B | 29.00B |
| Total Debt | 18.86B | 19.97B | 1.56B | 1.53B | 1.60B |
| Total Liabilities | 42.94B | 35.05B | 20.26B | 19.00B | 20.35B |
| Stockholders Equity | 79.63B | 77.32B | 74.84B | 72.47B | 68.08B |
Cash Flow | |||||
| Free Cash Flow | -2.96B | -7.29B | 3.57B | 3.79B | 4.50B |
| Operating Cash Flow | 2.42B | 4.89B | 7.39B | 6.56B | 7.74B |
| Investing Cash Flow | -5.29B | -12.46B | -3.85B | -5.83B | -2.36B |
| Financing Cash Flow | -4.01B | 13.73B | -2.82B | -3.12B | -1.43B |
Nichireki Co., Ltd. Technical Analysis
Positive
2444.00
Price Trends
2046.66
Positive
2117.64
Negative
2284.94
Negative
Market Momentum
10.75
Positive
59.70
Neutral
43.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5011, the sentiment is Positive. The current price of 2444 is above the 20-day moving average (MA) of 2096.95, above the 50-day MA of 2046.66, and above the 200-day MA of 2284.94, indicating a neutral trend. The MACD of 10.75 indicates Positive momentum. The RSI at 59.70 is Neutral, neither overbought nor oversold. The STOCH value of 43.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5011.
Nichireki Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥103.21B | 12.35 | ― | 4.87% | 0.17% | 47.18% | |
71 Outperform | ¥26.05B | 13.10 | ― | 5.04% | 0.95% | -5.25% | |
66 Neutral | ¥172.95B | 15.50 | 6.98% | 3.13% | 1.92% | 28.39% | |
65 Neutral | ¥440.49B | 17.13 | 7.93% | 2.32% | 0.24% | -54.29% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | ¥64.71B | 14.10 | ― | 3.31% | 0.14% | -8.82% |
* Industrials Sector Average
JP:5011
Nichireki Co., Ltd.
2,117.00
-371.36
-14.92%
JP:5232
Sumitomo Osaka Cement Co
5,405.00
1,681.68
45.17%
JP:5233
Taiheiyo Cement
3,904.00
333.18
9.33%
JP:4044
Central Glass Co., Ltd.
4,165.00
1,233.73
42.09%
JP:5357
Yotai Refractories Co., Ltd.
1,759.00
135.35
8.34%
Nichireki Co., Ltd. Corporate Events
Nichireki launches “Flexible 2030” plan to drive sustainable, flexible growth in road infrastructure
May 12, 2026
Nichireki Group has unveiled a new five-year medium-term management plan, “Flexible 2030 (Nobiyaka 2030),” beginning in fiscal 2026, as it advances toward its 2043 centennial vision of “delivering peace of mind to all stakeholder...
Nichireki Posts Weaker Profits but Lifts Dividend, Signals Cautious Growth for FY2027
May 12, 2026
Nichireki reported flat consolidated net sales of ¥75.9 billion for the fiscal year ended March 31, 2026, but saw profitability weaken as operating profit fell 5.5% and ordinary profit dropped 13.8%. Profit attributable to owners of the paren...
Nichireki to Amend Articles and Introduce Additional Purchase System for Fractional Shares
May 12, 2026
Nichireki Group Co., Ltd. plans to amend its Articles of Incorporation to introduce an additional purchase system for fractional shares, aiming to improve convenience for shareholders holding less than one share unit. The proposal, approved by the...
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.