NSK Ltd. (JP:6471)
:6471
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NSK Ltd.
(6471)
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Rating:68Neutral
Price Target:
¥1,201.00
▲(23.08% Upside)
Action:Reiterated
Date:05/14/26
The score is driven primarily by improving financial fundamentals (earnings rebound and healthier leverage), supported by strong technical trend signals (price above key moving averages and positive MACD). These positives are tempered by inconsistent cash-flow generation and a valuation that looks only average-to-stretched given thin margins, despite a moderate dividend yield.
Positive Factors
Earnings rebound
A clear earnings rebound to ¥22.9B on ¥911.6B revenue signals operational recovery across end markets. Sustained profitability improvement provides resources for capex, R&D and dividends, strengthening the firm's ability to invest through cycles and support longer-term growth.
Negative Factors
Thin profitability margins
Structurally thin net margins (~2.5%) constrain the company's ability to absorb input-cost shocks or invest heavily while maintaining returns. Low margin structure reduces incremental earnings leverage from revenue growth and compresses long-term return on capital relative to peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Earnings rebound
A clear earnings rebound to ¥22.9B on ¥911.6B revenue signals operational recovery across end markets. Sustained profitability improvement provides resources for capex, R&D and dividends, strengthening the firm's ability to invest through cycles and support longer-term growth.
Read all positive factors
NSK Ltd. (6471) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥538.45B
Dividend Yield3.52%
Average Volume (3M)2.02M
Price to Earnings (P/E)23.6
Beta (1Y)1.13
Revenue Growth14.43%
EPS Growth114.60%
CountryJP
Employees24,057
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)46.74
Shares Outstanding500,000,000
10 Day Avg. Volume1,961,770
30 Day Avg. Volume2,020,343
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)0.79
Price to Sales (P/S)0.58
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)60.36
Revenue Forecast (FY)¥1.02T
NSK Ltd. Business Overview & Revenue Model
Company Description
NSK Ltd. is a global manufacturing and sales enterprise specializing in industrial machinery bearings, a wide variety of automotive products, and high-precision mechanical components. The company's comprehensive bearing portfolio includes standard...
How the Company Makes Money
NSK makes money primarily by manufacturing and selling bearings and other motion-control components to OEMs and industrial customers. Key revenue streams include (1) automotive-related sales, where NSK supplies bearings and related parts used in v...
NSK Ltd. Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 911.64B | 796.67B | 788.87B | 938.10B | 865.17B |
| Gross Profit | 191.29B | 172.78B | 165.25B | 191.06B | 169.73B |
| EBITDA | 97.94B | 84.11B | 83.18B | 93.68B | 88.22B |
| Net Income | 22.87B | 10.65B | 8.50B | 18.41B | 16.59B |
Balance Sheet | |||||
| Total Assets | 1.24T | 1.22T | 1.30T | 1.23T | 1.23T |
| Cash, Cash Equivalents and Short-Term Investments | 142.12B | 198.51B | 191.99B | 161.45B | 139.01B |
| Total Debt | 219.11B | 329.03B | 342.61B | 360.81B | 327.21B |
| Total Liabilities | 547.63B | 550.35B | 620.12B | 598.53B | 597.09B |
| Stockholders Equity | 671.98B | 651.46B | 659.98B | 616.21B | 617.80B |
Cash Flow | |||||
| Free Cash Flow | 59.77B | 44.05B | 49.88B | 19.87B | -13.33B |
| Operating Cash Flow | 97.81B | 82.18B | 99.82B | 64.16B | 22.73B |
| Investing Cash Flow | -64.75B | -58.75B | -90.81B | -48.78B | -19.97B |
| Financing Cash Flow | -37.79B | -33.74B | -24.78B | 4.42B | -48.22B |
NSK Ltd. Technical Analysis
Negative
975.80
Price Trends
1195.62
Negative
1190.00
Negative
1014.93
Positive
Market Momentum
-28.60
Positive
38.17
Neutral
21.34
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6471, the sentiment is Negative. The current price of 975.8 is below the 20-day moving average (MA) of 1179.80, below the 50-day MA of 1195.62, and below the 200-day MA of 1014.93, indicating a neutral trend. The MACD of -28.60 indicates Positive momentum. The RSI at 38.17 is Neutral, neither overbought nor oversold. The STOCH value of 21.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6471.
NSK Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥105.14B | 7.50 | ― | 3.82% | -4.24% | 61.39% | |
78 Outperform | ¥743.65B | 26.67 | ― | 2.60% | 1.89% | -39.75% | |
68 Neutral | ¥538.45B | 23.57 | ― | 3.52% | 14.43% | 114.60% | |
66 Neutral | ¥633.96B | 52.94 | 3.35% | 3.18% | 2.15% | -6.81% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | ¥320.25B | 253.27 | ― | 1.93% | <0.01% | -83.75% | |
47 Neutral | ¥4.88B | -4.71 | ― | 4.51% | 1.51% | -274.52% |
* Consumer Cyclical Sector Average
JP:6471
NSK Ltd.
1,101.50
483.92
78.36%
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NSK Ltd. Corporate Events
NSK Maintains Stable Payout With Unchanged Full-Year Dividend of ¥34
May 28, 2026
NSK Ltd. has declared a year-end dividend of 17.00 JPY per share for the fiscal year ended March 31, 2026, matching its most recent forecast and the prior year’s payout level. Combined with the 17.00 JPY interim dividend paid in December 202...
NSK Overhauls Executive Pay to Tie Rewards to Long-Term Performance and ESG Goals
May 18, 2026
NSK Ltd., a leading Japanese industrial manufacturer listed on the TSE Prime Market, is refining its governance and incentive structures to support long-term value creation and closer alignment between management and shareholders. The move reflect...
NSK lifts profits and tightens grip on steering business in FY2026
May 12, 2026
NSK reported a robust recovery for the year ended 31 March 2026, with sales rising 14.4% to ¥911.6 billion and operating income surging 36.4%, as net income attributable to owners more than doubled and margins improved. The stronger earnings,...
NSK and NTN to Form Joint Holding Company in Major Bearings Integration
May 12, 2026
NSK Ltd. and NTN Corporation have signed a memorandum of understanding to integrate their operations through the creation of a joint holding company via a share transfer, aiming to combine their bearings and precision equipment businesses. The mov...
NSK Weighs Closure of UK Newark Plant in European Restructuring Drive
Apr 1, 2026
NSK Ltd. has begun formal collective consultations with unions and employee representatives over a proposal to withdraw production from its Newark-on-Trent site in the UK, which houses NSK Bearings Europe Ltd. and NSK Precision UK Ltd. The move is...
NSK Overhauls Executive Pay to Tie Compensation More Closely to Long-Term Value
Mar 26, 2026
NSK Ltd. has approved a comprehensive revision of its executive compensation system for directors and executive officers to better link pay with the company’s mid- to long-term corporate value and shareholder interests. The overhaul follows ...
NSK Proposes New Board Slate With Added Outside Director for June 2026 Vote
Mar 26, 2026
NSK Ltd. has announced a slate of nine candidates for its Board of Directors, comprising four internal directors, including President and CEO Akitoshi Ichii and CFO Keita Suzuki, and five outside directors. The nominations, which include one new o...
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.