Nippon Yusen Kabushiki Kaisha (JP:9101)
:9101
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Nippon Yusen Kabushiki Kaisha
(9101)
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Rating:77Outperform
Price Target:
¥6,995.00
▲(13.50% Upside)
Action:ReiteratedDate:10/21/25
Nippon Yusen Kabushiki Kaisha's strong financial performance and attractive valuation are the primary drivers of its stock score. While technical indicators suggest a neutral trend, the company's low P/E ratio and high dividend yield highlight its potential as an undervalued investment opportunity.
Positive Factors
Diversified business model
NYK's multi-segment model—container, dry bulk, energy-related cargo, RoRo vehicle transport, logistics and terminal services—provides multiple revenue engines. This structural diversification reduces dependence on any single trade lane or cargo type and smooths cash flows across shipping cycles.
Negative Factors
Weak recent revenue and earnings trends
Negative revenue growth and a steep EPS drop point to weakening demand or margin pressure. Persisting top‑line and earnings declines would constrain reinvestment, dividend flexibility and credit metrics, making recovery dependent on sustained freight rate improvements or structural margin restoration.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model
NYK's multi-segment model—container, dry bulk, energy-related cargo, RoRo vehicle transport, logistics and terminal services—provides multiple revenue engines. This structural diversification reduces dependence on any single trade lane or cargo type and smooths cash flows across shipping cycles.
Read all positive factors
Nippon Yusen Kabushiki Kaisha (9101) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.48T
Dividend Yield6.25%
Average Volume (3M)2.71M
Price to Earnings (P/E)11.8
Beta (1Y)0.57
Revenue Growth-3.22%
EPS Growth-13.20%
CountryJP
Employees35,243
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)107.99
Shares Outstanding408,780,000
10 Day Avg. Volume2,527,510
30 Day Avg. Volume2,713,643
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.75
Price to Sales (P/S)0.85
P/FCF Ratio7.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,200.00Price Target Upside0.60% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)460.62
Revenue Forecast (FY)¥2.43T
Nippon Yusen Kabushiki Kaisha Business Overview & Revenue Model
Company Description
Nippon Yusen Kabushiki Kaisha provides marine, land, and air transportation services worldwide. The company offers various logistics services, including liner trading services, such as container shipping, and terminal and stevedoring services for ...
How the Company Makes Money
NYK makes money mainly by providing transportation and logistics services under contracts and spot arrangements, earning freight and service revenue tied to moving cargo and managing logistics flows. Key revenue streams typically include: (1) Ocea...
Nippon Yusen Kabushiki Kaisha Earnings Call Summary
Earnings Call Date:Feb 05, 2025
(Q3-2024)
| % Change Since: |
Next Earnings Date:May 11, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook with significant challenges in revenue and profit declines, especially in the Liner & Logistics segment, due to market conditions and operational challenges like the Panama Canal restrictions. However, there were positive elements such as improved full-year forecasts, strong demand in the automotive and energy sectors, and resilient e-commerce demand. Despite the improvements in specific areas, the overall sentiment was cautious due to the substantial negative financial impacts reported.Positive Updates
Improved Full Year Forecast
The revenue forecast for the full year was increased by JPY 60 billion to JPY 2,340 billion, and recurring profit was revised up by JPY 10 billion to JPY 245 billion.
Negative Updates
Significant Decrease in Revenues and Profits
Cumulative revenues decreased by JPY 260.9 billion year-on-year, and recurring profit dropped by JPY 805.6 billion to JPY 202 billion. Net income also decreased by JPY 766.7 billion year-on-year.
Read all updates
Q3-2024 Updates
Positive
Negative
Improved Full Year Forecast
The revenue forecast for the full year was increased by JPY 60 billion to JPY 2,340 billion, and recurring profit was revised up by JPY 10 billion to JPY 245 billion.
Read all positive updates
Company Guidance
During the earnings call for the NYK Group's third quarter of fiscal 2023, the company provided several key metrics and guidance. The cumulative revenues for the first three quarters decreased by JPY 260.9 billion year-on-year to JPY 1,789.2 billion, while recurring profit fell by JPY 805.6 billion to JPY 202 billion, and net income dropped by JPY 766.7 billion to JPY 153.5 billion. The decline in revenues and profits was primarily attributed to reduced freight rates and handling volumes in the Liner & Logistics business due to looser supply and demand conditions. For the full fiscal year 2023, the company forecasted an increase in revenue to JPY 2,340 billion, a JPY 60 billion upward revision, and a recurring profit increase to JPY 245 billion, up by JPY 10 billion. The net income forecast was revised down by JPY 20 billion to JPY 200 billion due to changes in the timing of NCA share transfer and transition of overseas terminals. The dividend payout ratio is expected to be around 30%, with a year-end dividend of JPY 70, resulting in an annual dividend payout of JPY 130 per share. The company also highlighted ongoing efforts to buy back shares, with a total cost of JPY 142 billion as of January 31.Nippon Yusen Kabushiki Kaisha Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.42T | 2.59T | 2.39T | 2.62T | 2.28T | 1.61T |
| Gross Profit | 414.27B | 469.34B | 413.27B | 510.15B | 453.43B | 233.18B |
| EBITDA | 302.06B | 368.99B | 319.11B | 419.76B | 371.46B | 172.12B |
| Net Income | 229.19B | 477.71B | 228.60B | 1.01T | 1.01T | 139.23B |
Balance Sheet | ||||||
| Total Assets | 4.98T | 4.32T | 4.25T | 3.78T | 3.08T | 2.13T |
| Cash, Cash Equivalents and Short-Term Investments | 221.19B | 156.01B | 156.16B | 204.82B | 233.02B | 107.51B |
| Total Debt | 1.23T | 738.46B | 913.80B | 694.09B | 808.30B | 954.87B |
| Total Liabilities | 2.03T | 1.35T | 1.56T | 1.25T | 1.32T | 1.46T |
| Stockholders Equity | 2.89T | 2.92T | 2.65T | 2.48T | 1.71T | 625.33B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 304.25B | 65.13B | 626.49B | 315.04B | 57.25B |
| Operating Cash Flow | 0.00 | 510.75B | 401.41B | 824.85B | 507.76B | 159.34B |
| Investing Cash Flow | 0.00 | -59.78B | -285.63B | -251.98B | -142.59B | -15.65B |
| Financing Cash Flow | 0.00 | -427.75B | -163.42B | -582.19B | -243.52B | -126.70B |
Nippon Yusen Kabushiki Kaisha Technical Analysis
Positive
6163.00
Price Trends
5464.30
Positive
5187.94
Positive
5114.66
Positive
Market Momentum
209.22
Negative
63.40
Neutral
65.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9101, the sentiment is Positive. The current price of 6163 is above the 20-day moving average (MA) of 5901.08, above the 50-day MA of 5464.30, and above the 200-day MA of 5114.66, indicating a bullish trend. The MACD of 209.22 indicates Negative momentum. The RSI at 63.40 is Neutral, neither overbought nor oversold. The STOCH value of 65.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9101.
Nippon Yusen Kabushiki Kaisha Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥1.65T | 10.15 | 11.32% | 5.12% | -2.96% | -10.12% | |
79 Outperform | ¥2.35T | 6.29 | 10.90% | 5.81% | 0.36% | -14.86% | |
77 Outperform | ¥2.48T | 11.76 | 10.82% | 6.25% | -3.22% | -13.20% | |
76 Outperform | ¥176.74B | 5.06 | 13.08% | 3.75% | -7.72% | 27.03% | |
76 Outperform | ¥193.10B | 7.21 | ― | 4.08% | -10.66% | -17.73% | |
65 Neutral | ¥13.11B | 1,812.20 | ― | 5.77% | 3.22% | -87.75% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
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Nippon Yusen Kabushiki Kaisha Corporate Events
NYK Nears Completion of ¥150 Billion Share Buyback Program
Apr 1, 2026
Nippon Yusen Kabushiki Kaisha reported the latest tranche of its ongoing share buyback, acquiring 1,523,500 common shares on the Tokyo Stock Exchange between March 1 and March 31, 2026, for a total of ¥8.67 billion under a discretionary tradi...
NYK to Retire Shares After Buyback, Tightening Capital Base
Mar 12, 2026
Nippon Yusen Kabushiki Kaisha has approved the retirement of a substantial portion of its own common shares, following a previously announced market buyback program. The company will first retire 25,321,600 shares, representing 5.83% of its pre-re...
NYK Advances Large-Scale Share Buyback, Nears Authorized Limit
Mar 2, 2026
Nippon Yusen Kabushiki Kaisha reported the latest status of its ongoing share buyback program authorized by its board in May 2025 under Article 459 of the Companies Act. The company acquired 1,834,800 common shares for about JPY 9.44 billion on th...
NYK Line Earnings Slump as Shipping Cycle Normalizes and Outlook Is Cut
Feb 4, 2026
NYK Line reported that for the nine months ended December 31, 2025, revenues fell 8.3% year on year to ¥1.81 trillion, while operating profit plunged 43.8% and recurring profit and profit attributable to owners of parent dropped more than 60%...
NYK Advances Large-Scale Share Buyback, Repurchasing Over 23 Million Shares
Feb 2, 2026
Nippon Yusen Kabushiki Kaisha has reported the latest status of its ongoing share buyback program authorized by its board in May 2025 under its Articles of Incorporation. During the period from January 1 to January 31, 2026, the company repurchase...
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.