NIKKON Holdings Co Ltd (JP:9072)
:9072
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NIKKON Holdings Co
(9072)
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Rating:67Neutral
Price Target:
¥5,115.00
▲(47.75% Upside)
Action:DowngradedDate:03/28/26
The score is driven primarily by solid financial performance (growth and stable operating margins), tempered by weaker cash-flow conversion and slightly higher leverage. Technicals show a strong uptrend but overbought signals raise short-term risk, while valuation and yield are only moderate.
Positive Factors
Consistent Revenue Growth
Sustained top-line growth across multiple years indicates durable demand for integrated logistics services and expanding market penetration. For a logistics group, steady revenue supports higher facility utilization, long-term customer contracts, and predictable capacity planning, enabling reinvestment and resilience through cycles.
Negative Factors
Low FCF-to-Net Income Conversion
Weak conversion of earnings into free cash flow reduces internal funding for capital expenditures, dividends, or debt repayment. For a capital-intensive logistics operator, persistent low FCF conversion limits investment flexibility and increases reliance on external financing during growth or modernization cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Sustained top-line growth across multiple years indicates durable demand for integrated logistics services and expanding market penetration. For a logistics group, steady revenue supports higher facility utilization, long-term customer contracts, and predictable capacity planning, enabling reinvestment and resilience through cycles.
Read all positive factors
NIKKON Holdings Co (9072) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥607.27B
Dividend Yield1.86%
Average Volume (3M)357.68K
Price to Earnings (P/E)20.3
Beta (1Y)0.26
Revenue Growth10.70%
EPS Growth17.58%
CountryJP
Employees12,802
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)41.99
Shares Outstanding126,479,780
10 Day Avg. Volume208,510
30 Day Avg. Volume357,683
Financial Highlights & Ratios
PEG Ratio7.49
Price to Book (P/B)1.38
Price to Sales (P/S)1.34
P/FCF Ratio348.53
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)171.6
Revenue Forecast (FY)¥282.00B
NIKKON Holdings Co Business Overview & Revenue Model
Company Description
Nikkon Holdings Co., Ltd. engages in the cargo and truck transportation businesses in Japan and internationally. It operates through four segments: Transportation, Warehousing, Packaging, and Testing. The company is involved in the import and expo...
How the Company Makes Money
NIKKON Holdings makes money by charging corporate customers for logistics services delivered through its group operating companies. Key revenue streams typically include: (1) Transportation services—freight movement fees for trucking and other mod...
NIKKON Holdings Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 255.75B | 247.89B | 222.32B | 212.07B | 198.16B | 182.54B |
| Gross Profit | 40.55B | 37.37B | 32.16B | 30.02B | 28.97B | 27.02B |
| EBITDA | 38.98B | 38.61B | 33.72B | 31.89B | 30.75B | 28.76B |
| Net Income | 14.99B | 16.55B | 16.61B | 15.91B | 14.74B | 14.54B |
Balance Sheet | ||||||
| Total Assets | 434.28B | 431.74B | 393.76B | 360.75B | 339.48B | 322.14B |
| Cash, Cash Equivalents and Short-Term Investments | 44.95B | 36.78B | 43.85B | 40.49B | 30.68B | 32.35B |
| Total Debt | 128.08B | 123.23B | 83.91B | 77.75B | 69.62B | 65.69B |
| Total Liabilities | 185.62B | 182.06B | 147.31B | 131.35B | 120.44B | 113.85B |
| Stockholders Equity | 241.21B | 241.78B | 246.10B | 229.09B | 218.71B | 208.07B |
Cash Flow | ||||||
| Free Cash Flow | -3.52B | 954.00M | 7.59B | 10.31B | -3.25B | -2.76B |
| Operating Cash Flow | 13.38B | 27.64B | 31.11B | 32.55B | 28.98B | 23.23B |
| Investing Cash Flow | -26.72B | -53.98B | -24.34B | -22.55B | -31.57B | -25.40B |
| Financing Cash Flow | 12.61B | 19.08B | -4.41B | -208.00M | 759.00M | 1.47B |
NIKKON Holdings Co Technical Analysis
Positive
3462.00
Price Trends
4078.25
Positive
3782.43
Positive
3541.10
Positive
Market Momentum
229.89
Negative
58.50
Neutral
56.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9072, the sentiment is Positive. The current price of 3462 is below the 20-day moving average (MA) of 4445.92, below the 50-day MA of 4078.25, and below the 200-day MA of 3541.10, indicating a bullish trend. The MACD of 229.89 indicates Negative momentum. The RSI at 58.50 is Neutral, neither overbought nor oversold. The STOCH value of 56.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9072.
NIKKON Holdings Co Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥983.37B | 10.15 | 9.97% | 3.54% | 12.46% | -3.12% | |
68 Neutral | ¥496.07B | 11.01 | 13.93% | 2.81% | 8.22% | 48.07% | |
67 Neutral | ¥607.27B | 20.28 | 6.79% | 1.86% | 10.70% | 17.58% | |
67 Neutral | ¥307.08B | 19.07 | ― | 2.94% | 4.50% | 82.34% | |
66 Neutral | ¥319.23B | 12.68 | 8.30% | 2.50% | 7.94% | -13.01% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | ¥922.78B | 310.63 | ― | 2.99% | 4.96% | 1.67% |
* Industrials Sector Average
JP:9072
NIKKON Holdings Co
4,896.00
2,026.98
70.65%
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NIKKON Holdings Co Corporate Events
NIKKON Elevates Farallon to Affiliated Company After Stake Rises to 24.65%
Apr 6, 2026
NIKKON Holdings has reclassified Farallon Capital Management, L.L.C. as an “other affiliated company” after the U.S. investment adviser increased its stake to 24.65 percent of the company’s voting rights as of March 26, 2026. The...
NIKKON Holdings Completes ¥15 Billion Share Buyback Program
Mar 26, 2026
NIKKON Holdings has completed a share repurchase program authorized by its board in September 2025, under which it bought back common stock on the Tokyo Stock Exchange within a defined timeframe and monetary limit. The program reflects an active c...
NIKKON Holdings Reports Rise in Oasis Management Stake to Over 12%
Mar 11, 2026
NIKKON Holdings has disclosed a change in its major shareholder after activist investment firm Oasis Management Company increased its stake to 12.39% of voting rights as of March 3, 2026, up from 9.92% in late February. The Cayman Islands-based as...
NIKKON Unveils 14th Medium-term Plan With Growth, ESG and Diversity Targets
Mar 6, 2026
NIKKON Holdings has approved its 14th Medium-term Business Plan as the new management policy for fiscal years 2026 to 2028, aiming to enhance its role in providing safe, timely and environmentally conscious logistics services. The plan underscores...
NIKKON Holdings Lifts Dividend Target and Expands Share Buybacks to Boost Capital Efficiency
Mar 6, 2026
NIKKON Holdings has revised its shareholder returns policy, raising its dividend-on-equity target from 4% to 6% or higher while maintaining a progressive dividend approach to provide more stable, long-term returns. The company aims to enhance capi...
NIKKON Nears Budget Limit on Large-Scale Share Buyback Program
Mar 6, 2026
NIKKON Holdings has reported progress on its ongoing share repurchase program authorized by its board in September 2025, under which it is buying back common stock via market purchases on the Tokyo Stock Exchange through March 31, 2026. The compan...
NIKKON Holdings Reclassifies ¥43 Billion Reserve to Boost Capital Flexibility
Mar 6, 2026
NIKKON Holdings has resolved to reverse ¥43 billion from its general reserve and transfer the same amount to retained earnings brought forward. The move is intended to enhance flexibility in the company’s capital policies so it can bett...
NIKKON Holdings Nears ¥12 Billion Mark in Ongoing Share Buyback Program
Feb 6, 2026
NIKKON Holdings has reported the latest progress of its ongoing share buyback program authorized by its board in September 2025. During the period from January 1 to January 31, 2026, the company repurchased 588,600 shares of its common stock for a...
NIKKON Holdings Lowers Full-Year Earnings Forecast on Weaker Volumes and Rising Costs
Feb 6, 2026
NIKKON Holdings has revised downward its consolidated earnings forecast for the fiscal year ending March 31, 2026, cutting projected net sales from ¥280.0 billion to ¥269.0 billion and lowering expected operating profit, ordinary profit ...
NIKKON Holdings Grows Sales but Sees Profit Dip, Keeps Dividend and Lifts Full-Year Outlook
Feb 6, 2026
NIKKON Holdings reported consolidated net sales of ¥201.4 billion for the nine months ended December 31, 2025, up 8.9% year on year, but operating profit, ordinary profit and profit attributable to owners of parent all declined by around 5%, ...
NIKKON Holdings Reports Progress on Ongoing Share Buyback Program
Jan 9, 2026
NIKKON Holdings has reported interim progress on its ongoing share repurchase program authorized by its board in September 2025, under which it is buying back common stock via market purchases on the Tokyo Stock Exchange. During the period from De...
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.