NIPPON ANTENNA CO (6930) AI Stock Analysis

• Market Cap: $8.11B
• Dividend Yield: N/A
• Average Volume (3M): 6.74K
• Price to Earnings (P/E): 2.3
• Beta (1Y): 0.42
• Revenue Growth: -6.10%
• EPS Growth: N/A
• Country: JP
• Employees: 545
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Communication Equipment
• EPS (TTM): 44.51
• Shares Outstanding: 14,300,000
• 10 Day Avg. Volume: 5,230
• 30 Day Avg. Volume: 6,740
• PEG Ratio: 0.02
• Price to Book (P/B): 0.54
• 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: $826.95
• Price Target Upside: 6.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: $827.00 ▲(6.44%Upside)

The overall stock score reflects strong financial performance underpinned by a solid balance sheet and improved profitability. Technical indicators show bullish momentum, though the stock may face short-term corrections due to overbought conditions. The attractive valuation with a low P/E ratio further supports the potential for upside.

NIPPON ANTENNA CO Business Overview & Revenue Model

Company Description

NIPPON ANTENNA CO., LTD. is a Japanese company specializing in the development, manufacturing, and distribution of antennas and related communication equipment. Established in 1953, the company operates primarily in the telecommunications sector, offering a range of products including television antennas, satellite broadcasting reception systems, and communication devices. NIPPON ANTENNA CO. is known for its commitment to quality and innovation, catering to both domestic and international markets.

How the Company Makes Money

NIPPON ANTENNA CO. generates revenue primarily through the sale of its various antenna and communication products. The company has a diversified product lineup, which includes terrestrial digital broadcasting antennas, satellite communication systems, and wireless communication devices. These products are sold to a broad customer base, including individual consumers, businesses, and broadcasters. The company also invests in research and development to innovate and enhance its product offerings, ensuring it meets the evolving needs of the telecommunications industry. Strategic partnerships with other technology firms and broadcasters further assist in expanding their market reach and driving sales growth. Revenue is additionally supported by the company's involvement in infrastructure projects, where its products are integrated into larger communication systems.

NIPPON ANTENNA CO Financial Statement Overview

Summary

Nippon Antenna's financial performance shows a turnaround with substantial improvements in profitability and a robust balance sheet. The income statement reflects recovery from prior losses, and the balance sheet highlights financial stability with low leverage. However, cash flow generation, though improving, requires further development.

Income Statement

Nippon Antenna has experienced significant volatility in recent years, with a notable improvement in the latest fiscal year. The gross profit margin for 2025 was approximately 36.1%, which indicates solid profitability in manufacturing. The net profit margin has dramatically improved to 33.9% in 2025 from negative figures in prior years, reflecting a significant turnaround. However, revenue growth has been negative in recent years, with a decline from 2021 to 2024, although there was a slight recovery in 2025.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of 83.1% in 2025, indicative of financial stability. The debt-to-equity ratio is exceptionally low at 0.04, underscoring the company's minimal reliance on debt financing. The return on equity has improved to 23.5% in 2025, showcasing efficient use of equity capital. Overall, the company maintains a robust balance sheet with substantial cash reserves.

Cash Flow

Cash flow analysis shows improvement in free cash flow, with a positive free cash flow achieved in 2025 after several years of negative figures. The free cash flow to net income ratio is 0.06, indicating that cash generation needs to be more closely aligned with reported profits. The operating cash flow to net income ratio is 0.10, which suggests that operating activities are beginning to support profitability, though there is room for improvement.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.67B	10.69B	11.39B	12.07B	12.61B	15.30B
Gross Profit	3.40B	3.86B	3.06B	3.09B	3.95B	5.58B
EBITDA	-1.02B	3.96B	-2.34B	-1.22B	-965.00M	739.00M
Net Income	1.79B	3.62B	-2.91B	-1.86B	-1.77B	-79.00M
Balance Sheet
Total Assets	17.93B	18.54B	17.93B	19.36B	21.68B	23.21B
Cash, Cash Equivalents and Short-Term Investments	9.64B	10.14B	6.56B	7.01B	9.49B	10.51B
Total Debt	7.00M	6.00M	231.00M	95.00M	42.00M	23.00M
Total Liabilities	3.05B	3.12B	5.99B	4.60B	4.72B	4.33B
Stockholders Equity	14.88B	15.42B	11.94B	14.76B	16.97B	18.88B
Cash Flow
Free Cash Flow	0.00	204.00M	-1.09B	-2.71B	-720.00M	360.00M
Operating Cash Flow	0.00	346.00M	-918.00M	-2.41B	-365.00M	667.00M
Investing Cash Flow	0.00	3.25B	781.00M	137.00M	-398.00M	-323.00M
Financing Cash Flow	0.00	-4.00M	-110.00M	-190.00M	-301.00M	-886.00M

NIPPON ANTENNA CO Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 777.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6930, the sentiment is Positive. The current price of 777 is above the 20-day moving average (MA) of 776.30, above the 50-day MA of 733.42, and above the 200-day MA of 630.09, indicating a bullish trend. The MACD of 13.44 indicates Positive momentum. The RSI at 60.26 is Neutral, neither overbought nor oversold. The STOCH value of 64.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6930.

NIPPON ANTENNA CO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6718	81 Outperform	¥44.82B	12.40		5.79%	3.23%	-22.14%
6822	80 Outperform	¥4.15B	4.00		―	3.30%	36.77%
6930	68 Neutral	$8.11B	2.27	25.99%	―	-6.10%	―
6771	62 Neutral	¥3.97B	16.74		1.93%	-4.02%	-65.53%
6778	58 Neutral	¥6.12B	28.81		3.02%	-1.17%	―
Sector *	57 Neutral	HK$25.53B	4.08	-2.03%	6.14%	-0.31%	-67.64%
6904	53 Neutral	¥9.48B	56.74		1.72%	-4.63%	-83.79%