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Nissei Plastic Industrial Co., Ltd. (JP:6293)
:6293
Japanese Market

Nissei Plastic Industrial Co., Ltd. (6293) AI Stock Analysis

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JP

Nissei Plastic Industrial Co., Ltd.

(6293)

Rating:47Neutral
Price Target:
¥833.00
▼(-2.91%Downside)
The most significant factor impacting the overall score is the financial performance, which is under pressure due to declining profit margins, high leverage, and negative cash flows. The technical analysis provides a neutral outlook, while the valuation suggests the stock is overvalued, adding further risk. The absence of earnings call insights and corporate events does not mitigate these challenges.

Nissei Plastic Industrial Co., Ltd. (6293) vs. iShares MSCI Japan ETF (EWJ)

Nissei Plastic Industrial Co., Ltd. Business Overview & Revenue Model

Company DescriptionNissei Plastic Industrial Co., Ltd. (6293) is a Japanese company specializing in the manufacturing of injection molding machines. Established in 1947, the company operates within the industrial machinery sector, providing a range of products and services that cater to various industries including automotive, medical, and consumer goods. Nissei Plastic is known for its innovative approach to plastic processing solutions, offering advanced technologies that enhance productivity and efficiency in manufacturing processes.
How the Company Makes MoneyNissei Plastic Industrial Co., Ltd. generates revenue primarily through the sale of its injection molding machines and related equipment. The company offers a wide array of products that cater to diverse industrial applications, allowing it to capture a broad market segment. In addition to direct sales, Nissei Plastic also provides maintenance services and technical support, which serve as supplementary revenue streams. The company's earnings are further bolstered by strategic partnerships and collaborations with other industrial manufacturers and technology providers, enabling the development and distribution of cutting-edge solutions tailored to market demands. Nissei Plastic's focus on research and development ensures a continuous pipeline of innovative products that meet the evolving needs of its clients, thereby sustaining its competitive edge and financial performance.

Nissei Plastic Industrial Co., Ltd. Financial Statement Overview

Summary
Nissei Plastic Industrial Co., Ltd. is experiencing financial challenges reflected in pressured profit margins, increasing leverage, and negative cash flows. These factors suggest the company is facing operational inefficiencies and liquidity constraints, which could pose risks to future financial health.
Income Statement
45
Neutral
The company's revenue has shown volatility, with a decline from 2023 to 2024 and a slight increase afterward. Gross and net profit margins were under pressure, with significant declines in EBIT and EBITDA margins over the latest fiscal year. This indicates challenges in cost management and profitability.
Balance Sheet
50
Neutral
The balance sheet reflects high leverage, with a debt-to-equity ratio that has increased significantly. Despite a decent equity ratio, the return on equity has been weak, indicating inefficiency in generating profits from shareholders' equity. This presents potential risks regarding financial stability.
Cash Flow
40
Negative
Operating cash flows have been negative in recent years, with a significant free cash flow deficit despite positive financing cash flows. This indicates liquidity pressures and challenges in sustaining operations without external funding.
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue46.74B47.49B47.07B52.20B48.73B41.60B
Gross Profit14.28B13.65B15.04B16.20B14.40B12.22B
EBITDA2.59B2.33B3.26B4.20B3.87B2.27B
Net Income-53.00M76.00M376.00M1.83B2.68B598.00M
Balance Sheet
Total Assets89.33B86.48B86.64B77.64B68.85B64.36B
Cash, Cash Equivalents and Short-Term Investments8.99B6.75B8.45B11.30B10.78B14.12B
Total Debt30.10B30.52B26.44B15.54B8.43B11.97B
Total Liabilities49.16B44.59B46.36B37.98B31.92B30.51B
Stockholders Equity40.18B41.89B40.27B39.66B36.72B33.74B
Cash Flow
Free Cash Flow0.00-5.44B-12.63B-5.92B-528.00M4.15B
Operating Cash Flow0.00-3.82B-8.22B-4.16B1.62B4.69B
Investing Cash Flow0.00-1.12B-4.24B-1.57B-777.00M-540.00M
Financing Cash Flow0.003.18B9.27B6.13B-4.24B1.83B

Nissei Plastic Industrial Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price858.00
Price Trends
50DMA
832.72
Positive
100DMA
844.92
Positive
200DMA
881.68
Negative
Market Momentum
MACD
7.59
Positive
RSI
50.70
Neutral
STOCH
12.99
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6293, the sentiment is Negative. The current price of 858 is above the 20-day moving average (MA) of 849.00, above the 50-day MA of 832.72, and below the 200-day MA of 881.68, indicating a neutral trend. The MACD of 7.59 indicates Positive momentum. The RSI at 50.70 is Neutral, neither overbought nor oversold. The STOCH value of 12.99 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6293.

Nissei Plastic Industrial Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
¥20.15B8.25
4.85%16.52%41.05%
79
Outperform
¥19.94B11.78
3.40%15.17%36.74%
74
Outperform
¥89.50B12.46
2.51%17.01%16.10%
64
Neutral
kr59.14B13.231.88%8.10%0.78%-4.41%
57
Neutral
¥12.00B15.57
2.04%25.48%
54
Neutral
¥12.68B
5.66%-6.30%34.61%
47
Neutral
¥16.50B213.58
4.66%0.90%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6293
Nissei Plastic Industrial Co., Ltd.
847.00
-146.33
-14.73%
JP:6203
Howa Machinery, Ltd.
988.00
108.60
12.35%
JP:6210
Toyo Machinery & Metal Co., Ltd.
617.00
-71.64
-10.40%
JP:6284
Nissei ASB Machine Co,. Ltd.
6,040.00
647.61
12.01%
JP:6365
DMW Corporation
4,755.00
959.59
25.28%
JP:6482
Yushin Precision Equipment Co., Ltd.
596.00
-122.27
-17.02%

Nissei Plastic Industrial Co., Ltd. Corporate Events

Nissei Plastic Announces Financial Results Correction
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. announced a partial correction to its consolidated financial results for the third quarter of the fiscal year ending March 31, 2025. The corrections involve numerical data adjustments, which may impact stakeholders’ understanding of the company’s financial health and performance.

Nissei Plastic Announces Corrections to Financial Results
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. announced corrections to its previously disclosed financial results for the first quarter of the fiscal year ending March 31, 2025. The corrections include adjustments to numerical data, impacting the company’s reported net sales and profits. These changes may influence stakeholders’ perceptions of the company’s financial health and market position.

Nissei Plastic Records Foreign Exchange Losses for Fiscal Year 2025
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. reported non-operating expenses due to foreign exchange losses amounting to 337 million yen for the fiscal year ending March 2025. These losses were primarily attributed to increased purchasing costs from overseas, influenced by fluctuations in foreign exchange rates, impacting the company’s financial results.

Nissei Plastic Reports Discrepancy in Earnings Forecast and Actual Results
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. reported a difference between its forecasted and actual earnings for the first half of the fiscal year ending March 31, 2025. While net sales exceeded expectations due to a recovery in the automotive and IT sectors, profits fell short due to errors in foreign exchange rate applications during financial closing operations, impacting operating, ordinary, and net income.

Nissei Plastic Corrects Financial Reports Amid Accounting Errors
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. announced amendments to its annual securities and financial reports due to identified errors in unrealized gains and foreign exchange rates within its consolidated accounts. These corrections, which involve adjustments to financial statements for previous fiscal years, reflect the company’s commitment to transparency and accuracy, potentially impacting investor confidence and stakeholder relations.

Nissei Plastic Schedules Continuation of 69th Annual Shareholders Meeting
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. has announced the continuation of its 69th Annual General Meeting of Shareholders, following approval to report on several key financial documents and audit reports for the fiscal year ending March 31, 2025. The Board of Directors has scheduled the continuing meeting for July 24, 2025, allowing the same shareholders who attended the initial meeting to participate and exercise their voting rights.

Nissei Plastic Reports Mixed Financial Results with Strategic Outlook for 2026
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. reported a slight increase in net sales for the fiscal year ending March 31, 2025, with a 0.9% rise to ¥47,493 million. However, the company experienced a significant drop in operating profit by 37.3% to ¥442 million. Despite these challenges, comprehensive income saw a substantial increase, indicating potential recovery. The company also announced a forecast for the fiscal year ending March 31, 2026, with expected declines in net sales but significant improvements in operating and ordinary profits, suggesting strategic adjustments to enhance profitability.

Nissei Plastic Industry Unveils Fifth Medium-Term Management Plan for 2025-2027
Jun 30, 2025

Nissei Plastic Industry Co. has announced its Fifth Medium-Term Management Plan for 2025-2027, aiming to enhance operational efficiency through digitization, expand globally, and promote sustainable practices. The plan includes establishing a digital platform to connect with customers, expanding market presence in the U.S., China, and Europe, and focusing on recycling-oriented technologies. Additionally, the company aims to strengthen human capital and improve shareholder returns, positioning itself for growth and industry leadership.

Nissei Plastic Industrial Co., Ltd. Addresses Financial Reporting Deficiencies
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. has submitted an amendment report to its internal control report following the discovery of material deficiencies in its financial reporting processes. The company identified errors in the application of exchange rates for unrealized gains, leading to corrections in its financial statements for the fiscal years ending in March 2023 and March 2024. To prevent recurrence, Nissei Plastic is implementing measures to strengthen its internal controls and monitoring systems.

Nissei Plastic Faces Financial Disclosure Delays Due to Forex Discrepancies
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. announced a delay in the disclosure of its financial results for the fiscal year ended March 31, 2025, due to discrepancies in foreign exchange rate applications between its subsidiaries in Thailand and the United States. The company has identified the need for corrections in previous fiscal years and is committed to improving the timeliness of future financial disclosures, aiming to prevent similar delays and reassure stakeholders.

Nissei Plastic Identifies Internal Control Inadequacies, Implements Corrective Measures
Jun 30, 2025

Nissei Plastic Industrial Co., Ltd. has identified significant inadequacies in its internal control over financial reporting, particularly concerning foreign exchange rate applications and reconciliation processes with overseas subsidiaries. The company is implementing measures to rectify these issues, including simplifying operations, enhancing monitoring systems, and strengthening internal audits, to ensure accurate financial reporting and maintain stakeholder trust.

Nissei Plastic Sets New Date for Financial Results Announcement
Jun 27, 2025

Nissei Plastic Industrial Co., Ltd. announced the new date for releasing its financial results for the fiscal year ended March 31, 2025, after a previous postponement. The company expressed apologies to stakeholders for any inconvenience caused by the delay, indicating a commitment to transparency and communication.

Nissei Plastic Industrial Issues Stock Options to Align Director Interests
Jun 26, 2025

Nissei Plastic Industrial Co., Ltd. announced the issuance of share acquisition rights as stock options to its directors, excluding audit and supervisory committee members and outside directors. This move aims to align directors’ interests with the company’s performance and shareholder value, enhancing motivation and morale to improve medium- to long-term business performance.

Nissei Plastic Announces Adjournment Meeting Amid Financial Reporting Delays
May 30, 2025

Nissei Plastic Industrial Co., Ltd. has announced the decision to hold an adjournment meeting for its 69th Ordinary General Meeting of Shareholders due to discrepancies in foreign exchange rates affecting financial settlements. This decision comes as the company works with external auditors to address these issues, impacting the availability of financial reports for the meeting. The adjournment aims to ensure accurate reporting and involves consulting shareholders on the proposal, with the Board of Directors authorized to determine the meeting’s specifics.

Nissei Plastic Industrial Co., Ltd. Announces Stable Dividend Proposal for FY 2025
May 30, 2025

Nissei Plastic Industrial Co., Ltd. announced a proposal for dividends of surplus for the fiscal year ended March 31, 2025, maintaining a stable dividend policy with a year-end dividend of ¥20.00 per share. Despite a delay in financial results disclosure, the company emphasizes its commitment to returning profits to shareholders, planning an annual dividend of ¥35.00 per share, including an interim dividend.

Nissei Plastic Delays Financial Results Announcement Due to Exchange Rate Discrepancies
May 12, 2025

Nissei Plastic Industrial Co., Ltd. has announced a delay in the release of its financial results for the fiscal year ending March 31, 2025, originally scheduled for May 14, 2025. The postponement is due to discrepancies in exchange rate applications between its Thai manufacturing subsidiary and U.S. sales subsidiary, necessitating additional time to finalize the financial figures. This delay may impact stakeholders’ expectations and reflects the complexities of international financial operations.

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.Date of analysis: Jul 08, 2025