NITTAN Corporation (6493) AI Stock Analysis

• Market Cap: ¥11.81B
• Dividend Yield: 2.93%
• Average Volume (3M): 148.58K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 0.90
• Revenue Growth: 3.98%
• EPS Growth: 4.62%
• Country: JP
• Employees: 2,579
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): 11.39
• Shares Outstanding: 28,978,860
• 10 Day Avg. Volume: 129,490
• 30 Day Avg. Volume: 148,580
• PEG Ratio: -1.36
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥362.00
• Price Target Upside: -9.05% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: ¥456.00 ▲(14.57%Upside)

NITTAN Corporation's strong financial performance, highlighted by stable revenue growth and cash flow generation, significantly contributes to its overall stock score. The current bullish technical indicators support a positive short-term outlook, though caution is advised due to overbought conditions. A reasonable valuation with a solid dividend yield further strengthens the investment case.

NITTAN Corporation Business Overview & Revenue Model

Company Description

NITTAN Corporation (6493) is a leading Japanese manufacturer specializing in the production of fire protection systems and automotive components. The company operates in various sectors, primarily focusing on fire alarms, smoke detectors, and automotive engine valves. NITTAN serves both domestic and international markets, offering innovative safety solutions that cater to residential, commercial, and industrial needs.

How the Company Makes Money

NITTAN Corporation generates revenue through the sale of its fire protection systems and automotive components. The company earns a significant portion of its income by providing fire alarms and smoke detectors to residential, commercial, and industrial clients, ensuring compliance with safety regulations. Additionally, NITTAN is a key supplier of automotive engine valves, serving major automobile manufacturers. The company's strong partnerships and reputation for quality products enhance its market position and contribute to its financial performance. Revenue is influenced by factors such as technological advancements in safety solutions, regulatory requirements, and demand in the automotive industry.

NITTAN Corporation Financial Statement Overview

Summary

NITTAN Corporation shows consistent revenue growth and stable balance sheet metrics. The company's strong cash flow generation provides a buffer against potential risks. Despite some pressure on operational efficiency and room for improvement in profitability margins, the company's strategic financial management positions it well for future growth.

Income Statement

NITTAN Corporation has demonstrated consistent revenue growth, with a notable increase of 4.0% from 2024 to 2025. The Gross Profit Margin remains stable around 12.9%, and the Net Profit Margin improved slightly to 1.2% in 2025. However, EBIT and EBITDA margins have slightly decreased, indicating some pressure on operational efficiency. Overall, the company shows solid growth dynamics with room for improvement in profitability margins.

Balance Sheet

The company's balance sheet reflects a stable financial position with a decreasing Debt-to-Equity Ratio, currently at 0.41, indicating prudent leverage management. The Return on Equity has slightly improved to 2.2%, and the Equity Ratio stands strong at 43.6%. While the financial structure is robust, there is potential for enhancing returns on equity.

Cash Flow

NITTAN Corporation's cash flow performance is commendable, with a Free Cash Flow Growth Rate of -65.7% in 2025 due to reduced Free Cash Flow. However, the Operating Cash Flow to Net Income Ratio is favorable at 6.8, indicating strong cash generation relative to net income. Despite the drop in free cash flow, the company maintains a positive operating cash flow, which is crucial for ongoing operations and financial flexibility.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	51.45B	49.48B	41.88B	38.67B	34.71B
Gross Profit	6.62B	6.62B	5.46B	5.83B	3.72B
EBITDA	6.68B	7.06B	6.29B	6.77B	6.08B
Net Income	630.21M	601.01M	391.87M	644.64M	670.38M
Balance Sheet
Total Assets	66.61B	62.98B	56.91B	54.75B	54.13B
Cash, Cash Equivalents and Short-Term Investments	9.27B	9.07B	6.83B	6.31B	6.00B
Total Debt	12.01B	9.72B	10.31B	10.90B	12.70B
Total Liabilities	28.57B	25.94B	23.93B	23.33B	24.50B
Stockholders Equity	29.03B	28.47B	24.95B	23.93B	22.58B
Cash Flow
Free Cash Flow	1.24B	3.61B	2.25B	3.53B	1.23B
Operating Cash Flow	4.30B	6.96B	4.80B	6.88B	5.44B
Investing Cash Flow	-3.77B	-3.34B	-2.53B	-3.54B	-2.58B
Financing Cash Flow	-864.98M	-1.91B	-2.20B	-3.30B	-1.86B

NITTAN Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 398.00
• 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:6493, the sentiment is Positive. The current price of 398 is above the 20-day moving average (MA) of 370.95, above the 50-day MA of 336.44, and above the 200-day MA of 277.55, indicating a bullish trend. The MACD of 17.37 indicates Negative momentum. The RSI at 80.56 is Negative, neither overbought nor oversold. The STOCH value of 97.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6493.

NITTAN Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7228	78 Outperform	¥8.73B	6.88		3.46%	8.63%	9.65%
7254	78 Outperform	¥10.75B	3.63		2.52%	2.17%	66.19%
6493	72 Outperform	¥11.81B	18.39		2.93%	3.98%	4.62%
7235	70 Outperform	¥8.93B	6.16		4.80%	0.69%	7.21%
Sector *	62 Neutral	AU$2.94B	27.57	4.69%	4.92%	2.31%	-33.21%
7277	56 Neutral	¥9.02B	―		2.52%	-3.96%	-462.50%
7256	39 Underperform	¥4.72B	―		―	33.86%	69.12%