Conservative Balance Sheet / Low LeverageA debt-to-equity of 0.3 and a 54.2% equity ratio indicate conservative leverage and a solid capital base. This durability supports capital expenditure, dividend policy and downside resilience, giving the company long-term financial flexibility through cycles.

Multi-year Revenue ExpansionSustained revenue growth over several years demonstrates durable market demand and successful commercial execution in agricultural machinery. A rising revenue base supports scale economies, investment capacity and strategic positioning versus peers over the medium term.

Strong Cash Earnings (OCF > Net Income)Operating cash flow materially exceeding net income (1.49x) signals high quality earnings and strong cash generation capability. This underpins sustainable operations, funds reinvestment or distributions, and reduces reliance on external financing over the medium term.

Bears Say

Low Free Cash Flow Conversion And VolatilityA very low FCF-to-net-income ratio (~0.04) and volatile free cash flow limit the firm's ability to convert accounting profits into discretionary cash. Over time this constrains debt reduction, shareholder payouts and strategic investments, raising funding and execution risk.

Recent Revenue DeclineA negative recent revenue growth rate indicates exposure to end-market cyclicality or near-term demand softening. If persistent, this can pressure margins and investment plans, requiring management to defend share or reorient product mix to restore durable top-line momentum.

Modest Return On EquityAn ROE of 5.8% is low relative to expectations for a capital-intensive manufacturing business. Over time modest ROE can signal suboptimal capital allocation or margin ceilings, which may limit long-term shareholder returns unless operational or strategic improvements raise profitability.

Nikko Co., Ltd. News

Nikko Co., Ltd. Completes Treasury Share Disposal with Minor Adjustments

Nikko Co., Ltd. ( ($JP:6306) ) has shared an update. Nikko Co., Ltd. has completed the payment procedures...

6M ago

6306

Nikko Co., Ltd. Announces Treasury Shares Disposal for Employee Compensation

Nikko Co., Ltd. ( ($JP:6306) ) just unveiled an update. Nikko Co., Ltd. has announced the disposal of...

7M ago

6306

Nikko Co., Ltd. Completes Treasury Shares Disposal for Stock Compensation

An update from Nikko Co., Ltd. ( ($JP:6306) ) is now available. Nikko Co., Ltd. has completed the...

8M ago

6306

Nikko Co., Ltd. Announces Disposal of Treasury Shares for Stock Compensation

Nikko Co., Ltd. ( ($JP:6306) ) has issued an update. Nikko Co., Ltd. has resolved to dispose of...

9M ago

6306

6306 FAQ

What was Nikko Co., Ltd.’s price range in the past 12 months?

Nikko Co., Ltd. lowest stock price was ¥600.00 and its highest was ¥886.00 in the past 12 months.

What is Nikko Co., Ltd.’s market cap?

Nikko Co., Ltd.’s market cap is ¥31.12B.

When is Nikko Co., Ltd.’s upcoming earnings report date?

Nikko Co., Ltd.’s upcoming earnings report date is May 20, 2026 which is in 72 days.

How were Nikko Co., Ltd.’s earnings last quarter?

Nikko Co., Ltd. released its earnings results on Feb 13, 2026. The company reported ¥7.6 earnings per share for the quarter, beating the consensus estimate of N/A by ¥7.6.

Is Nikko Co., Ltd. overvalued?

According to Wall Street analysts Nikko Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nikko Co., Ltd. pay dividends?

Nikko Co., Ltd. pays a Semiannually dividend of ¥17 which represents an annual dividend yield of 4.26%. See more information on Nikko Co., Ltd. dividends here

What is Nikko Co., Ltd.’s EPS estimate?

Nikko Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nikko Co., Ltd. have?

Nikko Co., Ltd. has 40,000,000 shares outstanding.

What happened to Nikko Co., Ltd.’s price movement after its last earnings report?

Nikko Co., Ltd. reported an EPS of ¥7.6 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.147%.

Which hedge fund is a major shareholder of Nikko Co., Ltd.?

Currently, no hedge funds are holding shares in JP:6306

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nikko Co., Ltd.

Nikko Co., Ltd. engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia. It offers asphalt mixing plants, including main units, aggregate supply units, combustion units, dust collectors, asphalt supply systems, and control systems; hot mix silo, filler silo, and dust mixers; and recycling, exhaust gas treatment, deodorization, and crushing systems. The company also provides concrete batching plants comprising air seal, automatic cleaning, and waste-water treatment systems, as well as control panels and water-pressure devices; and mixers. In addition, it offers belt conveyor systems; beverage container recycling, plastic recycling, and soil remediation plants; environmental equipment; and system control panels and software, as well as maintenance services and remote control systems. The company was formerly known as Nihon Kogu Product Co., Ltd. and changed its name to Nikko Co., Ltd. in February 1968. Nikko Co., Ltd. was incorporated in 1919 and is headquartered in Akashi, Japan.