Nissei ASB Machine Co,. Ltd. (6284) AI Stock Analysis

• Market Cap: ¥126.58B
• Dividend Yield: 3.24%
• Average Volume (3M): 27.89K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.98
• Revenue Growth: 18.70%
• EPS Growth: 33.93%
• Country: JP
• Employees: 2,142
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 126.70
• Shares Outstanding: 14,991,108
• 10 Day Avg. Volume: 26,750
• 30 Day Avg. Volume: 27,886
• PEG Ratio: 0.41
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 2.47
• P/FCF Ratio: 14.43
• 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: 77 Outperform
• Price Target: ¥9,273.00 ▲(47.66% Upside)
• Action: Upgraded Date: 02/18/26
• Date: Action: Upgraded 02/18/26

The score is primarily supported by strong financial performance (rapid revenue growth, strong margins, and low leverage). Valuation is also favorable with a moderate P/E and solid dividend yield. The main risk is technical overextension (very high RSI/Stoch), which can raise near-term volatility despite an overall strong uptrend.

Positive Factors

Revenue & Margins

Nissei's 34.9% revenue growth combined with high gross and operating margins demonstrates durable demand for its injection stretch blow (ASB) machines and structural pricing power. Solid margins reflect efficient operations and provide sustained earnings and reinvestment capacity over the medium term.

Balance Sheet Health

A conservative capital structure (D/E 0.10) and a healthy equity ratio reduce financial risk and increase resilience through demand cycles. This supports capital spending for R&D, capacity or service networks and preserves strategic optionality without reliance on high external leverage.

Cash Flow Generation

Strong cash conversion (OCF/Net Income 0.65; FCF/Net Income 0.89) underpins the company's ability to fund maintenance, aftermarket service expansion and selective capex. Robust cash generation enhances sustainability of operations and ability to return capital or reinvest over multiple quarters.

Negative Factors

Margin Pressure

A falling gross profit margin, even from a high level, signals input cost or pricing pressure that can erode operating profitability if persistent. Continued margin compression would reduce funds available for aftermarket investment, R&D and capex, impairing long‑term competitive positioning.

Slowing FCF Growth

Slowing free cash flow growth, despite strong conversion ratios, reduces financial flexibility for growth initiatives and shareholder returns. If the slowdown persists it could force tradeoffs between capex, service expansion and dividends, constraining strategic investment over several quarters.

ROE Decline

A modest drop in ROE suggests declines in asset utilization or margin efficiency. If ROE continues to drift down, it may signal weakening returns on reinvested capital and pressure on shareholder value creation, complicating long‑term capital allocation decisions.

Nissei ASB Machine Co,. Ltd. Business Overview & Revenue Model

Company Description

Nissei Asb Machine Co., Ltd. engages in the planning, development, manufacturing, and sale of machines that produce PET and other plastic bottles. It offers stretch blow molding machines, dies, and auxiliary equipment and parts. The company was founded in 1978 and is headquartered in Komoro, Japan.

How the Company Makes Money

Nissei ASB Machine Co., Ltd. generates revenue through the sale of its injection stretch blow molding machines, which are often sold along with comprehensive maintenance services and spare parts. The company's revenue model is primarily based on direct sales to manufacturers in the packaging industry, as well as ongoing service contracts that ensure machine upkeep and performance. Key revenue streams include machine sales, service agreements, and the provision of technical support and training to customers. Additionally, strategic partnerships with suppliers of raw materials and technology enhance Nissei ASB's offerings, contributing to its earnings by allowing for bundled services and improved product quality.

Nissei ASB Machine Co,. Ltd. Financial Statement Overview

Summary

Strong fundamentals driven by 34.9% revenue growth and high profitability (47.1% gross margin, 17.7% net margin, 25.1% EBIT margin). Balance sheet leverage is conservative (0.10 debt-to-equity). Main offsets are slight margin pressure and slowing free cash flow growth.

Income Statement

Nissei ASB Machine Co., Ltd. has demonstrated strong revenue growth with a 34.9% increase in the latest year, indicating robust demand for its products. The company maintains healthy profitability with a gross profit margin of 47.1% and a net profit margin of 17.7%. EBIT and EBITDA margins are also strong at 25.1% and 29.4%, respectively, showcasing efficient operations. However, the slight decline in gross profit margin compared to the previous year suggests potential cost pressures.

Balance Sheet

The company's balance sheet is solid, with a low debt-to-equity ratio of 0.10, indicating conservative leverage. Return on equity stands at 13.1%, reflecting effective use of shareholder funds. The equity ratio is healthy, suggesting a stable financial structure. However, the slight decrease in ROE compared to the previous year may indicate challenges in generating returns.

Cash Flow

Nissei ASB Machine Co., Ltd. shows a strong operating cash flow to net income ratio of 0.65, indicating good cash generation relative to earnings. Free cash flow to net income is also robust at 0.89. However, the free cash flow growth rate has slowed, which could impact future liquidity if not addressed.

Breakdown	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	43.65B	36.78B	34.80B	30.28B	35.89B
Gross Profit	20.58B	17.38B	15.65B	13.41B	16.58B
EBITDA	12.81B	9.92B	8.75B	10.62B	10.29B
Net Income	7.74B	5.78B	5.08B	6.13B	6.68B
Balance Sheet
Total Assets	78.39B	72.76B	70.19B	68.96B	64.28B
Cash, Cash Equivalents and Short-Term Investments	32.47B	28.44B	23.58B	19.19B	20.39B
Total Debt	6.12B	7.61B	9.10B	10.91B	13.04B
Total Liabilities	19.44B	19.91B	19.81B	23.06B	26.38B
Stockholders Equity	58.89B	52.80B	50.34B	45.86B	37.87B
Cash Flow
Free Cash Flow	7.46B	8.82B	7.22B	269.00M	3.76B
Operating Cash Flow	8.39B	9.61B	7.88B	3.45B	5.58B
Investing Cash Flow	-1.00B	-794.00M	-675.00M	-3.17B	-1.88B
Financing Cash Flow	-3.87B	-3.37B	-3.39B	-3.71B	-2.88B

Nissei ASB Machine Co,. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6280.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6284, the sentiment is Positive. The current price of 6280 is below the 20-day moving average (MA) of 6898.50, below the 50-day MA of 6558.20, and below the 200-day MA of 6380.98, indicating a bullish trend. The MACD of 486.31 indicates Negative momentum. The RSI at 85.61 is Negative, neither overbought nor oversold. The STOCH value of 87.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6284.

Nissei ASB Machine Co,. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6284	77 Outperform	¥126.58B	16.19	―	3.24%	18.70%	33.93%
6490	76 Outperform	¥193.17B	21.54	―	2.50%	-2.46%	-10.72%
6254	73 Outperform	¥131.68B	11.94	―	2.86%	89.90%	190.48%
6340	71 Outperform	¥101.26B	10.91	―	2.64%	8.65%	-23.00%
6486	70 Outperform	¥170.46B	20.44	―	3.88%	1.70%	18.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6293	46 Neutral	¥17.71B	-11.63	―	4.21%	2.79%	-281.15%

Nissei ASB Machine Co,. Ltd. Corporate Events

Nissei ASB Machine Lifts Quarterly Earnings and Confirms Full-Year Outlook

Nissei ASB Machine reported strong results for the quarter ended December 31, 2025, with net sales rising 20.1% year on year to ¥11.34 billion and profit attributable to owners of parent up 11.0% to ¥1.90 billion. Operating and ordinary profits also increased, while total assets and equity edged higher, underscoring a solid financial position with an equity ratio above 74%.

The company kept its dividend plan unchanged, projecting a total annual dividend of ¥200 per share for the fiscal year ending September 30, 2026, and reaffirmed its full-year outlook. For the current fiscal year, it forecasts 7.2% growth in net sales to ¥46.8 billion and a 4.6% rise in net profit to ¥8.1 billion, signaling steady expansion and stable returns for shareholders without major changes in accounting policies or consolidation scope.

The most recent analyst rating on (JP:6284) stock is a Hold with a Yen6738.00 price target. To see the full list of analyst forecasts on Nissei ASB Machine Co,. Ltd. stock, see the JP:6284 Stock Forecast page.

Nissei ASB reshapes leadership with new chairman to drive growth

Nissei ASB Machine Co., Ltd. announced a change in its top management structure, with the Board resolving to appoint current Director and Vice President Kota Aoki as Representative Director and Chairman effective April 1, 2026, replacing incumbent Chairman Daiichi Aoki. The company frames the leadership change as a move to strengthen its management framework, support further expansion of business scale, and enhance corporate value, while also disclosing an internationally diverse board composition that includes female directors, signaling attention to governance and diversity in its oversight structure.

The most recent analyst rating on (JP:6284) stock is a Hold with a Yen6738.00 price target. To see the full list of analyst forecasts on Nissei ASB Machine Co,. Ltd. stock, see the JP:6284 Stock Forecast page.

Nissei ASB Posts Record Q1 on Broad-Based Demand and Higher Margins

Nissei ASB Machine reported record first-quarter performance for the fiscal year ending September 2026, with orders rising 23.6% year-on-year to ¥15.4 billion and net sales up 20.1% to ¥11.3 billion. Operating profit climbed 25.7% to ¥2.5 billion, driven by robust demand for small and mid-sized machines, broad-based growth across all product lines and regions, and sustained strength in Western markets, which together improved the company’s sales mix and profitability.

The strong first-quarter showing underlines Nissei ASB’s solid positioning in its niche machinery market, suggesting continued momentum in both mature and emerging regions. Broad-based order and revenue growth, coupled with margin expansion from a more favorable product mix, highlights the firm’s operational leverage and may reinforce its reputation as a leading global niche player in plastic molding equipment.

The most recent analyst rating on (JP:6284) stock is a Hold with a Yen6738.00 price target. To see the full list of analyst forecasts on Nissei ASB Machine Co,. Ltd. stock, see the JP:6284 Stock Forecast page.