Noritake Co.,Limited (5331) AI Stock Analysis

• Market Cap: ¥178.28B
• Dividend Yield: 2.68%
• Average Volume (3M): 72.41K
• Price to Earnings (P/E): 12.0
• Beta (1Y): 1.03
• Revenue Growth: -2.45%
• EPS Growth: 7.31%
• Country: JP
• Employees: 4,821
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): N/A
• Shares Outstanding: 56,206,997
• 10 Day Avg. Volume: 57,480
• 30 Day Avg. Volume: 72,413
• PEG Ratio: 0.57
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.73
• P/FCF Ratio: -20.98
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: ¥3,642.00 ▼(-36.77% Downside)
• Action: Reiterated Date: 11/28/25
• Date: Action: Reiterated 11/28/25

Noritake Co., Limited scores well due to its strong financial health and robust technical indicators. The company's low leverage and stable profitability are significant strengths. While the stock shows strong upward momentum, caution is advised due to potential overbought conditions. The valuation is attractive with a reasonable P/E ratio and a solid dividend yield.

Positive Factors

Low leverage and strong equity base

A very low debt-to-equity ratio (~0.04) and a ~75% equity ratio provide durable financial flexibility, lowering solvency risk through cycles. The positive ROE (8.6%) indicates the firm can generate returns on shareholder capital while retaining a conservative capital structure.

Negative Factors

Volatile cash flow and negative recent FCF

Free cash flow turned negative recently because of heavy capital spending, creating near-term cash strain. If capex remains elevated, this can erode liquidity cushions and limit the company’s ability to fund dividends, buybacks, or opportunistic investments over the medium term.

Noritake Co.,Limited Business Overview & Revenue Model

Company Description

Noritake Co., Limited manufactures and sells industrial, ceramic and material, tabletop, and engineering products in Japan and internationally. The company offers industrial products, such as abrasive wheels, coated abrasives, diamond and CBN tool...

Read more

Noritake Co., Limited manufactures and sells industrial, ceramic and material, tabletop, and engineering products in Japan and internationally. The company offers industrial products, such as abrasive wheels, coated abrasives, diamond and CBN tool...

How the Company Makes Money

null...

Noritake Co.,Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	137.38B	138.18B	137.91B	139.49B	127.64B	107.00B
Gross Profit	39.17B	37.28B	36.51B	34.03B	33.74B	25.39B
EBITDA	15.43B	15.35B	15.52B	13.75B	14.07B	7.35B
Net Income	12.43B	12.94B	11.48B	10.02B	9.07B	2.81B
Balance Sheet
Total Assets	224.74B	198.31B	202.07B	180.59B	163.56B	154.91B
Cash, Cash Equivalents and Short-Term Investments	22.41B	16.61B	21.34B	14.60B	14.17B	12.26B
Total Debt	32.80B	6.55B	2.97B	12.79B	6.75B	8.18B
Total Liabilities	64.10B	47.45B	54.10B	51.62B	44.76B	40.91B
Stockholders Equity	159.66B	149.98B	147.10B	128.19B	118.12B	110.93B
Cash Flow
Free Cash Flow	0.00	-4.79B	16.72B	-5.57B	8.01B	-527.00M
Operating Cash Flow	0.00	2.02B	22.04B	-213.00M	12.84B	5.90B
Investing Cash Flow	0.00	-5.26B	-3.24B	-3.52B	-5.82B	-7.60B
Financing Cash Flow	0.00	-3.03B	-13.49B	3.31B	-5.39B	1.60B

Noritake Co.,Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5760.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5331, the sentiment is Positive. The current price of 5760 is above the 20-day moving average (MA) of 3174.10, above the 50-day MA of 3215.79, and above the 200-day MA of 2574.93, indicating a neutral trend. The MACD of -14.15 indicates Negative momentum. The RSI at 50.23 is Neutral, neither overbought nor oversold. The STOCH value of 57.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5331.

Noritake Co.,Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5331	78 Outperform	¥178.28B	12.04	8.27%	2.68%	-2.45%	7.31%
5393	78 Outperform	¥540.47B	12.74	13.63%	1.95%	-1.33%	9.21%
3106	75 Outperform	¥144.74B	9.78	―	2.66%	-1.63%	67.13%
5355	72 Outperform	¥4.42B	6.43	―	2.79%	3.32%	18.84%
4204	71 Outperform	¥1.07T	16.83	7.53%	3.13%	1.90%	-6.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3401	53 Neutral	¥318.97B	-15.81	-20.43%	3.72%	-8.20%	―

Noritake Co.,Limited Corporate Events