NITTAN Corporation (6493) AI Stock Analysis

• Market Cap: ¥9.02B
• Dividend Yield: 3.75%
• Average Volume (3M): 57.34K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.88
• Revenue Growth: 3.98%
• EPS Growth: 4.63%
• Country: JP
• Employees: 2,579
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Auto - Parts
• EPS (TTM): 11.39
• Shares Outstanding: 28,978,860
• 10 Day Avg. Volume: 53,810
• 30 Day Avg. Volume: 57,336
• PEG Ratio: -0.47
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.22
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 80 Outperform
• Price Target: ¥341.00 ▲(6.56%Upside)

NITTAN Corporation receives a strong overall score due to its solid financial performance and technical indicators. The valuation is attractive with a fair P/E ratio and high dividend yield, though caution is advised with the overbought RSI.

NITTAN Corporation Business Overview & Revenue Model

Company Description

NITTAN Corporation (6493) is a Japanese company primarily engaged in the manufacture and sale of various automotive components. The company specializes in producing valve systems, which are critical components in automotive engines. NITTAN's product offerings include engine valves, valve seats, and other related parts, serving both domestic and international automotive markets. The company is known for its high-quality precision engineering and commitment to innovation in the automotive sector.

How the Company Makes Money

NITTAN Corporation generates revenue primarily through the sale of its automotive components, particularly engine valves and valve systems. The company's key revenue streams include direct sales to automotive manufacturers and aftermarket sales to service providers and retailers. NITTAN leverages strong relationships with major automotive companies, which provides a steady demand for its high-quality components. Additionally, the company's focus on research and development enables it to maintain a competitive edge in developing advanced solutions that meet evolving industry standards, thereby sustaining its market position and revenue growth.

NITTAN Corporation Financial Statement Overview

Summary

NITTAN Corporation shows consistent revenue growth and a stable financial position. The company maintains strong cash flow, providing a buffer against risks, but there is room for improvement in profitability margins and free cash flow.

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
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
47.77B	51.45B	49.48B	41.88B	38.67B	34.71B
	Gross Profit
6.34B	6.62B	6.62B	5.46B	5.83B	3.72B
	EBIT
1.90B	1.51B	2.02B	1.44B	1.96B	18.81M
	EBITDA
5.99B	6.68B	7.06B	6.29B	6.77B	6.08B
	Net Income Common Stockholders
727.90M	630.21M	601.01M	391.87M	644.64M	670.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.42B	9.27B	9.07B	6.83B	6.31B	6.00B
	Total Assets
65.82B	66.61B	62.98B	56.91B	54.75B	54.13B
	Total Debt
12.11B	12.01B	9.72B	10.31B	10.90B	12.70B
	Net Debt
3.69B	2.74B	652.77M	3.48B	4.59B	6.70B
	Total Liabilities
29.32B	28.57B	25.94B	23.93B	23.33B	24.50B
	Stockholders Equity
27.92B	29.03B	28.47B	24.95B	23.93B	22.58B
Cash Flow		Free Cash Flow
0.00	1.24B	3.61B	2.25B	3.53B	1.23B
	Operating Cash Flow
0.00	4.30B	6.96B	4.80B	6.88B	5.44B
	Investing Cash Flow
0.00	-3.77B	-3.34B	-2.53B	-3.54B	-2.58B
	Financing Cash Flow
0.00	-864.98M	-1.91B	-2.20B	-3.30B	-1.86B

NITTAN Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 320.00
• 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 320 is above the 20-day moving average (MA) of 301.85, above the 50-day MA of 278.44, and above the 200-day MA of 262.29, indicating a bullish trend. The MACD of 10.40 indicates Negative momentum. The RSI at 79.56 is Negative, neither overbought nor oversold. The STOCH value of 98.04 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
7254	82 Outperform	¥8.37B	2.84		2.98%	2.17%	66.19%
6493	80 Outperform	¥9.02B	14.29		3.75%	3.98%	4.63%
7228	71 Outperform	¥8.86B	7.11		3.41%	8.63%	9.65%
7235	70 Outperform	¥8.48B	5.95		7.23%	0.69%	7.21%
Sector *	63 Neutral	$6.94B	11.34	2.80%	4.26%	2.68%	-24.70%
7277	53 Neutral	¥8.11B	―		2.80%	-3.96%	-462.49%
7256	39 Underperform	¥3.64B	―		―	33.86%	69.12%