Education
About Us
Working with TipRanks
Follow Us
Nippon Yusen Kabushiki Kaisha (JP:9101)
OTHER OTC:9101
Top Page
Nippon Yusen Kabushiki Kaisha
(OTC:9101)
Select Model
Select Model
Rating:77Outperform
Price Target:
¥5,801.00
▲(17.14% Upside)
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
Revenue Growth
Consistent revenue growth over several years indicates strong demand for NYK Line's services and effective market positioning, supporting long-term business expansion.
Cash Flow Management
Strong cash flow management ensures that NYK Line can fund future investments and service debt, providing financial stability and operational flexibility.
Diverse Revenue Streams
A diversified revenue base across shipping and logistics sectors reduces dependency on any single market, enhancing resilience against industry-specific downturns.
Negative Factors
Rising Debt Levels
Increasing debt levels could strain NYK Line's financial resources, potentially impacting its ability to invest in growth opportunities and maintain operational flexibility.
Operational Efficiency
A declining EBIT margin indicates potential inefficiencies in operations, which could erode profitability if not addressed, affecting long-term competitiveness.
Operational Efficiency Concerns
Operational inefficiencies could hinder NYK Line's ability to capitalize fully on revenue growth, impacting profit margins and long-term financial health.
Nippon Yusen Kabushiki Kaisha (9101) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.26T
Dividend Yield6.25%
Average Volume (3M)2.71M
Price to Earnings (P/E)7.3
Beta (1Y)0.68
Revenue Growth-3.22%
EPS Growth-13.20%
CountryJP
Employees35,243
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)118.44
Shares Outstanding434,101,600
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
¥5,400.65Price Target Upside9.06% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nippon Yusen Kabushiki Kaisha Business Overview & Revenue Model
Company DescriptionNippon Yusen Kabushiki Kaisha (NYK Line) is one of the largest shipping companies in the world, headquartered in Tokyo, Japan. Established in 1885, the company operates across various sectors, including container shipping, bulk shipping, logistics, and terminal operations. NYK Line offers a diverse range of services, such as the transportation of automobiles, chemicals, and general cargo, as well as providing logistics solutions and terminal management services globally.
How the Company Makes MoneyNYK Line generates revenue primarily through its shipping and logistics operations. The company earns money by transporting goods via its extensive fleet of container ships, bulk carriers, and specialized vessels. Key revenue streams include freight charges for shipping containers and bulk commodities, logistics services, and terminal operations. Additionally, NYK Line engages in long-term contracts with major corporations, securing stable income from dedicated shipping routes and logistics services. Partnerships with other shipping lines and logistics providers also contribute to its revenue, enhancing operational efficiency and expanding service offerings. Economic factors, such as global trade volumes and shipping rates, significantly influence the company's earnings.
Nippon Yusen Kabushiki Kaisha Earnings Call Summary
Earnings Call Date:Feb 05, 2025
(Q3-2024)
| % Change Since: |
Next Earnings Date:Feb 04, 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.Q3-2024 Updates
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.
Steady Demand in Automotive and Energy Sectors
The automotive transportation demand remained strong, supported by production recovery and firm sales in key countries. The Energy business, especially LNG and offshore, showed favorable results due to long-term contracts.
Resilient E-commerce Demand
E-commerce-related cargo for North America showed steady demand, contributing positively to the Air Cargo Transportation business.
Positive Market Conditions in VLCC and VLGC
VLCC market improved during its peak season, and VLGC also recorded increased revenues due to favorable market conditions.
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.
Decline in Liner & Logistics Performance
The Liner and Logistics business recorded a decrease in both revenues and profits due to lower freight rates and handling volumes.
Challenges in Dry Bulk and Air Cargo
Dry bulk saw a recovery in the capesize market, but Panamax underperformed. Air Cargo experienced a decrease in unit freight level due to increased supply from resumed international passenger flights.
Impact of Panama Canal Restrictions
Panama Canal passage restrictions affected container and automotive vessels, influencing the company's logistics and shipping operations.
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
Nippon Yusen Kabushiki Kaisha exhibits strong financial health with robust revenue and profit growth, effective cost management, and solid cash flow generation. Despite concerns about operational efficiency and rising debt, the overall financial position is strong.Income Statement
Nippon Yusen Kabushiki Kaisha has shown strong revenue growth with a notable increase from 2021 to 2025. The gross profit margin and net profit margin have remained stable, indicating efficient cost management. However, declining EBIT margin suggests a potential challenge in sustaining operating efficiency. Overall, the company demonstrates robust profitability with some room for improvement in operational efficiency.Balance Sheet
The company maintains a strong equity base with a favorable debt-to-equity ratio, indicating prudent financial management. The equity ratio is healthy, reflecting a solid balance sheet structure. However, the increase in total debt over the years warrants attention to ensure leverage remains manageable. Overall, the balance sheet is strong, supporting long-term stability.Cash Flow
Cash flow from operations has been consistently strong, supporting positive free cash flow growth. The free cash flow to net income ratio indicates efficient cash conversion, despite fluctuations in capital expenditures. The company demonstrates solid cash flow management, providing a cushion for future investments and debt servicing.| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.54T | 2.59T | 2.39T | 2.62T | 2.28T | 1.61T |
| Gross Profit | 448.34B | 469.34B | 413.27B | 510.15B | 453.43B | 233.18B |
| EBITDA | 495.49B | 690.21B | 477.10B | 1.22T | 1.15T | 286.98B |
| Net Income | 419.55B | 477.71B | 228.60B | 1.01T | 1.01T | 139.23B |
Balance Sheet | ||||||
| Total Assets | 4.31T | 4.32T | 4.25T | 3.78T | 3.08T | 2.13T |
| Cash, Cash Equivalents and Short-Term Investments | 173.97B | 156.01B | 156.16B | 204.82B | 233.02B | 107.51B |
| Total Debt | 860.64B | 738.46B | 913.80B | 694.09B | 808.30B | 951.14B |
| Total Liabilities | 1.47T | 1.35T | 1.56T | 1.25T | 1.32T | 1.46T |
| Stockholders Equity | 2.79T | 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 | -252.96B | -148.57B | -16.87B |
| Financing Cash Flow | 0.00 | -427.75B | -163.42B | -581.20B | -237.53B | -125.48B |
Nippon Yusen Kabushiki Kaisha Technical Analysis
Positive
4952.00
Price Trends
4995.56
Positive
5098.50
Positive
5000.68
Positive
Market Momentum
75.75
Negative
73.39
Negative
88.26
Negative
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 4952 is below the 20-day moving average (MA) of 5040.55, below the 50-day MA of 4995.56, and below the 200-day MA of 5000.68, indicating a bullish trend. The MACD of 75.75 indicates Negative momentum. The RSI at 73.39 is Negative, neither overbought nor oversold. The STOCH value of 88.26 is Negative, 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 | ¥156.95B | 7.65 | 12.71% | 3.75% | -7.72% | 27.03% | |
77 Outperform | ¥2.26T | 7.31 | 10.82% | 6.25% | -3.22% | -13.20% | |
77 Outperform | ¥156.80B | 9.67 | ― | 4.08% | -10.66% | -17.73% | |
73 Outperform | ¥1.77T | 5.83 | 10.90% | 5.81% | 0.36% | -14.86% | |
70 Outperform | ¥1.42T | 7.72 | 11.32% | 5.12% | -2.96% | -10.12% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ¥52.81B | 10.77 | ― | 2.84% | 14.25% | 124.92% |
* Industrials Sector Average
JP:9101
Nippon Yusen Kabushiki Kaisha
5,274.00
642.86
13.88%
JP:9107
Kawasaki Kisen Kaisha
2,284.00
311.41
15.79%
JP:9104
Mitsui OSKLines
4,895.00
-103.68
-2.07%
JP:9110
NS United Kaiun Kaisha,Ltd.
6,660.00
2,933.12
78.70%
JP:9119
Iino Kaiun Kaisha,Ltd.
1,482.00
405.60
37.68%
JP:9305
Yamatane Corporation
2,363.00
653.50
38.23%
Nippon Yusen Kabushiki Kaisha Corporate Events
Nippon Yusen Kabushiki Kaisha Announces Stock Acquisition Progress
Dec 1, 2025
Nippon Yusen Kabushiki Kaisha announced the acquisition of its own common stock, with 3,962,500 shares purchased for JPY 19,649,819,000 between November 1 and November 30, 2025. This move is part of a broader plan approved in May 2025 to acquire up to 48 million shares, valued at a maximum of JPY 150 billion, to be executed by April 2026, reflecting strategic financial management and potential shareholder value enhancement.
The most recent analyst rating on (JP:9101) stock is a Hold with a Yen5400.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.
NYK Line Reports Decline in Financial Performance and Revises Forecast
Nov 6, 2025
NYK Line reported a significant decline in its financial performance for the six months ended September 30, 2025, with revenues decreasing by 10.2% and profits attributable to owners of the parent dropping by 61.5% compared to the same period in the previous year. The company has revised its dividend forecast and financial outlook for the fiscal year ending March 31, 2026, reflecting ongoing challenges in the industry and market conditions. The exclusion of two subsidiaries, including Nippon Cargo Airlines Co., Ltd., from the consolidation scope indicates strategic adjustments in its operations.
The most recent analyst rating on (JP:9101) stock is a Buy with a Yen5801.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.
Nippon Yusen Revises Dividend Forecast Amid Anniversary Celebrations
Nov 6, 2025
Nippon Yusen Kabushiki Kaisha has revised its year-end dividend forecast for the fiscal year ending March 2026, reducing the ordinary dividend by ¥35 per share to ¥85, but adding a ¥25 commemorative dividend in celebration of its 140th anniversary. This adjustment results in a total expected dividend of ¥110 per share. The company also completed a significant share acquisition, which impacts the dividend calculations by excluding treasury stock from the revised forecast.
The most recent analyst rating on (JP:9101) stock is a Buy with a Yen5801.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.
NYK to Receive USD 42 Million Dividend from Affiliate
Nov 4, 2025
NYK announced that it will receive approximately USD 42 million in dividends from its equity method affiliate, Ocean Network Express PTE. LTD. This dividend will be recorded as non-operating revenue in the third quarter of the fiscal year ending March 31, 2026, without impacting the consolidated results for the period.
The most recent analyst rating on (JP:9101) stock is a Buy with a Yen5801.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.
Nippon Yusen Kabushiki Kaisha Advances Stock Buyback Strategy
Nov 4, 2025
Nippon Yusen Kabushiki Kaisha announced the acquisition of 3,766,900 shares of its own common stock, valued at JPY 19,248,614,600, during October 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 48 million shares, aiming to enhance shareholder value and optimize capital structure, with a total potential investment of JPY 150 billion.
The most recent analyst rating on (JP:9101) stock is a Buy with a Yen5801.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.
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.