Tsubaki Nakashima Co., Ltd (6464) AI Stock Analysis

• Market Cap: ¥16.07B
• Dividend Yield: 6.31%
• Average Volume (3M): 315.94K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 1.14
• Revenue Growth: -11.60%
• EPS Growth: -255.37%
• Country: JP
• Employees: 2,776
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): -10.61
• Shares Outstanding: 41,599,600
• 10 Day Avg. Volume: 443,610
• 30 Day Avg. Volume: 315,943
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥361.00
• Price Target Upside: -8.84% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: ¥361.00 ▼(-8.84% Downside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and high leverage. Technical analysis provides some positive momentum, but valuation concerns due to negative earnings weigh on the score. The high dividend yield offers some support.

Tsubaki Nakashima Co., Ltd Business Overview & Revenue Model

Company Description

Tsubaki Nakashima Co., Ltd. manufactures and sells industrial precision balls, rollers, cages, and sheet metal parts worldwide. The company operates through Precision Component Business, Linear Business, and Others Business segments. It offers precision steel balls, including bearing and stainless steel, ballpoint pen, and various metal balls for use in home electronics, such as air conditioners, refrigerators, and vacuum cleaners; and precision rollers and stampings comprising tapered, spherical, cylindrical, and needle rollers, as well as cages, sheet metal stampings, and welded products for transmission, engine, pump, wheel bearing, mining, heavy industry, and railway applications. The company also provides precision ceramic balls, including silicon nitride and alumina oxide balls for use in wind power generators, electric vehicles, and semiconductor manufacturing equipment applications. In addition, it offers ball screws for machine tools, electric injection molding machines, semiconductor manufacturing equipment, industrial robots, and advanced medical equipment applications. Further, the company provides iron and steel, electric power, wind tunnel, and other blowers for steel, thermal power, nuclear power, and other applications; and customized solutions comprising solid plastic balls, specially manufactured products, and glass balls for medical diagnostic tests and devices. Additionally, it is involved in the real estate leasing business. The company was founded in 1934 and is headquartered in Katsuragi, Japan.

How the Company Makes Money

Tsubaki Nakashima Co., Ltd generates revenue primarily through the sale of its precision balls and rollers. These products are essential components in a wide range of applications such as bearings, linear motion devices, and other mechanical systems used across various industries including automotive, aerospace, and industrial machinery. The company benefits from long-term relationships and contracts with major manufacturers and suppliers in these sectors. Additionally, Tsubaki Nakashima invests in research and development to continuously enhance product quality and expand its product portfolio, which helps maintain its competitive edge and drive sales growth. The company's global manufacturing and distribution network also supports its ability to serve customers worldwide efficiently.

Tsubaki Nakashima Co., Ltd Financial Statement Overview

Summary

The company faces challenges with declining revenue and profitability, coupled with high leverage. Despite improved cash flow generation, operational inefficiencies and high debt levels pose risks to financial stability.

Income Statement

The income statement shows a declining trend in revenue with a negative revenue growth rate of -3.44% TTM. The company has struggled with profitability, reflected in a negative net profit margin of -0.74% TTM. Gross profit margin has decreased over time, indicating pressure on cost management. The EBIT margin is also negative, highlighting operational challenges.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.60 TTM, indicating significant leverage. Return on equity is negative, suggesting inefficiencies in generating returns for shareholders. The equity ratio is relatively stable, but the high leverage poses a risk to financial stability.

Cash Flow

Cash flow analysis shows a strong free cash flow growth rate of 145.49% TTM, indicating improved cash generation. However, the operating cash flow to net income ratio is low at 0.19, suggesting challenges in converting income into cash. The free cash flow to net income ratio is positive, reflecting some ability to generate cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	71.67B	75.92B	80.34B	79.04B	67.93B	52.02B
Gross Profit	9.83B	10.52B	13.16B	7.76B	13.61B	9.22B
EBITDA	4.29B	6.56B	4.58B	-4.81B	9.38B	6.76B
Net Income	-1.76B	912.00M	-1.29B	-9.09B	3.55B	1.88B
Balance Sheet
Total Assets	166.94B	174.72B	166.08B	159.89B	157.17B	130.47B
Cash, Cash Equivalents and Short-Term Investments	25.27B	23.06B	23.00B	24.12B	32.52B	14.99B
Total Debt	90.54B	92.65B	91.32B	89.14B	84.99B	68.54B
Total Liabilities	110.63B	113.21B	111.94B	109.76B	103.81B	85.75B
Stockholders Equity	56.28B	61.47B	54.11B	50.10B	53.34B	44.68B
Cash Flow
Free Cash Flow	4.33B	1.17B	-3.37B	-9.79B	3.87B	917.00M
Operating Cash Flow	6.67B	4.87B	1.41B	-4.14B	6.26B	2.22B
Investing Cash Flow	-2.42B	-3.80B	-4.89B	-3.50B	-2.28B	-1.27B
Financing Cash Flow	-1.27B	-1.91B	1.39B	-1.76B	12.95B	-2.75B

Tsubaki Nakashima Co., Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 396.00
• 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:6464, the sentiment is Positive. The current price of 396 is above the 20-day moving average (MA) of 367.95, above the 50-day MA of 358.98, and below the 200-day MA of 400.69, indicating a bullish trend. The MACD of 10.61 indicates Negative momentum. The RSI at 71.46 is Negative, neither overbought nor oversold. The STOCH value of 94.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6464.

Tsubaki Nakashima Co., Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5957	80 Outperform	¥24.15B	11.54	6.43%	2.98%	8.60%	9.08%
5659	77 Outperform	¥35.33B	12.81	7.89%	4.90%	2.25%	0.39%
6157	70 Outperform	¥20.62B	15.75	―	3.63%	3.38%	-2.80%
6165	70 Neutral	¥12.36B	13.70	3.94%	4.18%	7.19%	―
6480	65 Neutral	¥49.39B	23.97	1.29%	3.25%	5.34%	79.88%
6464	52 Neutral	¥16.07B	17.68	―	6.31%	-11.60%	-255.37%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Tsubaki Nakashima Co., Ltd Corporate Events

Fire Incident at Tsubaki Nakashima’s Taicang Plant: Limited Impact Expected

Tsubaki Nakashima Co., Ltd. reported a fire incident at its Taicang plant in China, caused by the ignition of dry sludge due to oxidation. The fire, which occurred on August 28, 2025, resulted in damage to part of the roof and machinery in workshop #6, but did not affect production or shipments. The company has implemented preventive measures, such as increasing fire extinguishers and reviewing sludge storage conditions, to avoid future incidents. The financial impact is expected to be limited, with further disclosures to be made if significant effects on performance arise.

The most recent analyst rating on (JP:6464) stock is a Hold with a Yen372.00 price target. To see the full list of analyst forecasts on Tsubaki Nakashima Co., Ltd stock, see the JP:6464 Stock Forecast page.

Tsubaki Nakashima Reports Decline in Financial Performance for H1 2025

Tsubaki Nakashima reported a significant decline in its financial performance for the first half of 2025, with sales and operating profit dropping by 10.5% and 63.5%, respectively, compared to the same period in 2024. The company also recorded a net loss for the period, reflecting challenges in its operational strategy and market conditions. Despite these setbacks, the company has maintained its forecast for the fiscal year ending December 31, 2025, indicating a cautious optimism about its future performance.

Tsubaki Nakashima Restructures Ball Screws Business Amid Quality Concerns

Tsubaki Nakashima Co., Ltd. announced a strategic restructuring involving the creation of a new subsidiary, TN Linear Motion Inc., to manage its ball screws and ball ways business. This move, part of a larger transaction with MINEBEA MITSUMI Inc., was initially postponed due to quality inspection issues but is now set to proceed with a new execution date of October 3, 2025, following a mutual agreement on addressing previous concerns.