Strong Cash GenerationNippi converts earnings into cash efficiently (operating cash flow to net income 1.89) and grew free cash flow 13%. This durable cash conversion supports repeat capex, product development, or dividend capacity, reducing financing reliance and enabling strategic reinvestment over the medium term.

Conservative Balance SheetA high equity ratio and low debt-to-equity indicate lower leverage and stronger solvency. Improved leverage reduces refinancing and interest rate risk, providing financial flexibility to fund growth initiatives or weather downturns without materially increasing financial strain over the next several months.

Stable Margins And Operational EfficiencySustained gross margin (~27%) and steady EBIT/EBITDA margins signal persistent operational efficiency and some pricing power in collagen products. Margin stability helps preserve profitability through modest revenue swings and supports cash flow resilience and longer-term investment planning.

Bears Say

Revenue Growth WeaknessFundamentals show negative revenue change (-4.66%), indicating recent top-line pressure despite modest stabilization in the latest year. Durable revenue weakness can limit scale economies, constrain margin expansion and reduce capacity for reinvestment or market-share building over coming quarters.

Low Return On EquityROE of ~6.2% reflects modest profitability relative to capital employed. Persistently low ROE can signal limited ability to convert capital into attractive shareholder returns and may restrict the company’s capacity to self-fund expansion, making strategic growth slower or reliant on external funding.

Narrow Product/customer Disclosure RiskBusiness concentration on collagen materials and lack of disclosed segment/customer breakdown imply concentration risk. Dependence on a narrow product set and potentially few B2B customers increases exposure to demand swings, customer losses, or pricing pressure that could materially affect revenues over months.

7932 FAQ

What was Nippi Inc’s price range in the past 12 months?

Nippi Inc lowest stock price was ¥4900.00 and its highest was ¥14650.00 in the past 12 months.

What is Nippi Inc’s market cap?

Nippi Inc’s market cap is ¥40.70B.

When is Nippi Inc’s upcoming earnings report date?

Nippi Inc’s upcoming earnings report date is May 20, 2026 which is in 74 days.

How were Nippi Inc’s earnings last quarter?

Nippi Inc released its earnings results on Feb 10, 2026. The company reported ¥198.1 earnings per share for the quarter, beating the consensus estimate of N/A by ¥198.1.

Is Nippi Inc overvalued?

According to Wall Street analysts Nippi Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nippi Inc pay dividends?

Nippi Inc pays a Annually dividend of ¥633 which represents an annual dividend yield of 3.76%. See more information on Nippi Inc dividends here

What is Nippi Inc’s EPS estimate?

Nippi Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nippi Inc have?

Nippi Inc has 2,889,000 shares outstanding.

What happened to Nippi Inc’s price movement after its last earnings report?

Nippi Inc reported an EPS of ¥198.1 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.4%.

Which hedge fund is a major shareholder of Nippi Inc?

Currently, no hedge funds are holding shares in JP:7932

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nippi Inc

Nippi,Incorporated, together with its subsidiaries, manufactures and sells collagen casings, gelatin and collagen peptides, cosmetics and functional foods, functional polymers, and life science products in Japan and internationally. The company offers collagen casings for use in various fields, including foods, medicines and pharmaceuticals, and cosmetics; gelatin, which is used in food products, pharmaceutical products, photo films, etc.; and leather products for the automotive industry. It also develops cosmetics and functional foods with collagen; offers Nippi Linker, a vinyl chloride resin, which is primarily used for electric wires and masking films; and provides Nippi V Foam, a foam made of vinyl chloride for welder processing that is used in cars, quilt products, and novelty goods. In addition, the company engages in real estate leasing activities; and provides life science products that include laminin, lab equipment and supplies, and reagents, as well as contract services and bovine spongiform encephalopathy test kits. The company was formerly known as The Japan Leather Mfg. Co., Ltd. and changed its name to Nippi,Incorporated in February 1974. Nippi,Incorporated was founded in 1907 and is headquartered in Tokyo, Japan.