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NHK Spring Co., Ltd. (JP:5991)
:5991
Japanese Market

NHK Spring Co., Ltd. (5991) AI Stock Analysis

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JP

NHK Spring Co., Ltd.

(5991)

Rating:78Outperform
Price Target:
¥1,803.00
▲(13.72%Upside)
The overall stock score for NHK Spring Co., Ltd. is driven primarily by its strong financial performance, characterized by improvements in revenue, profitability, and cash flow. The technical analysis presents a moderate outlook with some positive short-term signals. Valuation metrics indicate the stock might be undervalued, providing an attractive opportunity for investors looking for growth potential.

NHK Spring Co., Ltd. (5991) vs. iShares MSCI Japan ETF (EWJ)

NHK Spring Co., Ltd. Business Overview & Revenue Model

Company DescriptionNHK Spring Co., Ltd. is a leading Japanese manufacturer specializing in the production of automotive suspension springs, industrial machinery, and precision parts. The company operates across various sectors, including automotive, industrial machinery, and electronics, providing essential components and systems that enhance performance and efficiency. NHK Spring is renowned for its technological innovation and commitment to quality, serving a diverse range of industries worldwide.
How the Company Makes MoneyNHK Spring Co., Ltd. generates revenue primarily through the sale of its automotive components, particularly suspension springs, which are supplied to major automotive manufacturers globally. The company also produces industrial machinery parts and precision components that cater to various industrial applications. Key revenue streams include long-term contracts and partnerships with automotive and industrial companies, providing consistent demand for its high-quality products. Additionally, NHK Spring invests in research and development to innovate and maintain a competitive edge, ensuring steady earnings growth by meeting the evolving needs of its clients.

NHK Spring Co., Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
797.32B766.93B693.25B586.90B572.64B664.50B
Gross Profit
112.94B89.42B80.84B73.80B55.16B67.71B
EBIT
52.19B34.65B28.84B21.36B10.46B20.71B
EBITDA
91.44B85.68B57.38B49.66B37.96B47.12B
Net Income Common Stockholders
48.07B39.19B21.54B32.00B9.40B4.61B
Balance SheetCash, Cash Equivalents and Short-Term Investments
108.84B103.22B72.95B92.13B79.33B74.59B
Total Assets
706.09B690.29B606.04B588.09B560.77B532.62B
Total Debt
70.01B51.09B51.29B52.78B72.29B57.52B
Net Debt
-38.83B-52.13B-21.66B-39.35B-7.04B-17.07B
Total Liabilities
290.35B269.72B240.18B249.25B260.80B246.06B
Stockholders Equity
400.70B405.02B349.22B322.61B283.99B270.99B
Cash FlowFree Cash Flow
0.0032.79B-13.34B10.34B2.72B-10.80B
Operating Cash Flow
0.0066.71B13.66B34.51B29.64B36.62B
Investing Cash Flow
0.00-10.35B-41.76B4.99B-24.11B-45.81B
Financing Cash Flow
0.00-21.00B-11.55B-27.66B2.79B-16.95B

NHK Spring Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1585.50
Price Trends
50DMA
1552.80
Positive
100DMA
1663.69
Negative
200DMA
1717.23
Negative
Market Momentum
MACD
5.22
Positive
RSI
55.35
Neutral
STOCH
40.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5991, the sentiment is Positive. The current price of 1585.5 is above the 20-day moving average (MA) of 1583.28, above the 50-day MA of 1552.80, and below the 200-day MA of 1717.23, indicating a neutral trend. The MACD of 5.22 indicates Positive momentum. The RSI at 55.35 is Neutral, neither overbought nor oversold. The STOCH value of 40.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5991.

NHK Spring Co., Ltd. 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
¥341.23B7.06
4.35%4.53%29.41%
73
Outperform
$334.60B9.216.71%3.82%-1.06%-28.58%
70
Outperform
$365.98B20.913.66%4.39%0.03%-69.96%
69
Neutral
¥312.12B7.20
2.25%-5.01%152.67%
68
Neutral
¥348.37B27.121.72%4.57%-0.38%-65.61%
63
Neutral
$6.98B11.412.80%4.24%2.68%-24.94%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5991
NHK Spring Co., Ltd.
1,610.50
25.76
1.63%
JP:7988
Nifco Inc.
3,346.00
-332.94
-9.05%
JP:6473
JTEKT
1,104.50
55.68
5.31%
JP:7282
Toyoda Gosei Co
2,634.00
-107.78
-3.93%
JP:3116
Toyota Boshoku
1,988.00
-83.26
-4.02%

NHK Spring Co., Ltd. Corporate Events

NHK Spring Co., Ltd. Revises Stock-Based Compensation Plan
May 26, 2025

NHK Spring Co., Ltd. has announced a partial revision to its stock-based compensation plan, introducing the Board Benefit Trust-Restricted Stock (BBT-RS) to better align director compensation with company performance and shareholder value. This revision aims to motivate directors to improve medium- to long-term business performance by sharing both the benefits and risks associated with the company’s share price, thereby optimizing the balance of compensation items.

The most recent analyst rating on (JP:5991) stock is a Buy with a Yen2200.00 price target. To see the full list of analyst forecasts on NHK Spring Co., Ltd. stock, see the JP:5991 Stock Forecast page.

NHK Spring Co., Ltd. Reports Financial Results and Dividend Increase Amid Challenges
May 14, 2025

NHK Spring Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a decrease in comprehensive income compared to the previous year. Despite the decline, the company announced an increase in cash dividends per share, reflecting a commitment to returning value to shareholders. The forecast for the next fiscal year anticipates a decrease in net sales and profits, indicating potential challenges ahead. The company also noted changes in accounting policies due to revisions in standards, which could impact future financial reporting.

The most recent analyst rating on (JP:5991) stock is a Buy with a Yen2200.00 price target. To see the full list of analyst forecasts on NHK Spring Co., Ltd. stock, see the JP:5991 Stock Forecast page.

NHK Spring Reports Strong Financial Results and Increased Dividend
May 14, 2025

NHK Spring Co., Ltd. announced a significant improvement in its non-consolidated financial results for the fiscal year ending March 31, 2025, compared to the previous year. The company attributed this growth to a recovery in demand for its disk drive suspension business and strong sales of semiconductor process components, alongside favorable foreign exchange rates. Additionally, the company resolved to distribute a surplus, increasing its dividend per share to 39 yen, reflecting a commitment to shareholder returns amid record-high profits.

The most recent analyst rating on (JP:5991) stock is a Buy with a Yen2200.00 price target. To see the full list of analyst forecasts on NHK Spring Co., Ltd. stock, see the JP:5991 Stock Forecast page.

NHK Spring Opposes Shareholder Proposal on External Directors
May 8, 2025

NHK Spring’s Board of Directors has opposed a shareholder proposal concerning the amendment of the Articles of Incorporation related to the composition of external directors. The company has a Nomination and Compensation Committee with a majority of independent external directors to ensure transparency in director nominations and remuneration decisions. NHK Spring aims to achieve a consolidated ROE of 10% or higher and has been increasing dividends and repurchasing shares to enhance corporate value over the medium to long term.

NHK Spring Completes Share Repurchase to Enhance Shareholder Value
Apr 14, 2025

NHK Spring Co., Ltd. has completed the repurchase of its own shares, acquiring 1,350,600 shares for approximately 1.98 billion yen. This move, part of a broader strategy approved in December 2024, aims to enhance shareholder value and optimize capital structure, reflecting the company’s commitment to strategic financial management.

NHK Spring Co., Ltd. Updates on Share Repurchase Program
Apr 1, 2025

NHK Spring Co., Ltd. announced the status of its share repurchase program, revealing that it repurchased 1,527,500 shares of common stock for approximately 2.59 billion yen between March 1 and March 31, 2025. This repurchase is part of a larger plan approved by the board to buy back up to 13 million shares, aiming to enhance shareholder value and optimize capital structure.

NHK Spring Completes Share Cancellation
Mar 31, 2025

NHK Spring Co., Ltd. has completed the cancellation of 13 million shares of its own stock, representing 5.33% of the total shares outstanding before cancellation. This move, resolved by the Board of Directors, is expected to impact the company’s capital structure and could influence shareholder value positively by reducing the number of shares outstanding.

NHK Spring Co., Ltd. Reduces Cross-Shareholdings with Recent Sale
Mar 25, 2025

NHK Spring Co., Ltd. has completed the sale of shares from its retirement benefit trust as part of its strategy to reduce cross-shareholdings to less than 20% of its consolidated net assets. This move aligns with the company’s policy to streamline its financial operations, and the sale is expected to have a negligible impact on its consolidated business results for the fiscal year ending March 31, 2025.

NHK Spring Co., Ltd. Revises Stock-Based Compensation Plan
Mar 13, 2025

NHK Spring Co., Ltd. announced a revision to its stock-based compensation plan, introducing the Board Benefit Trust-Restricted Stock (BBT-RS) plan to better align director compensation with company performance. This move aims to motivate directors by tying their compensation more closely to the company’s share value, thereby encouraging improved business performance and corporate value over the medium to long term.

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.